Board of Comfort Fincap allots approves allotment of convertible warrants for Rs 39.42 cr (22-10-2024)
At meeting held on 21 October 2024
DIIs, not FIIs, are the real culprits of market pullback: Anurag Singh (22-10-2024)
Why should they buy? I mean, if everybody has to make their own judgment on what are they buying, what is their duration and what is their long-term perspective, if somebody is selling, will never repent for taking money off the table in markets as we say.
RVNL shares in focus after establishing new subsidiary in Saudi Arabia (22-10-2024)
This move aligns with RVNL’s global expansion strategy, following the creation of subsidiaries in Dubai in June 2024 and Uzbekistan in August 2024.
Add UltraTech Cement, target price Rs 11,260: HDFC Securities (22-10-2024)
HDFC Securities recommends adding UltraTech Cement with a target price of Rs 11,260. The company shows potential growth in the cement sector, driven by expected demand from infrastructure projects and pent-up demand in H2FY25. UltraTech plans to reduce operational costs and increase capacity, which may lead to improved financial performance.
Government of India announces the sale of two dated securities for a notified amount of ₹32,000 crore (22-10-2024)
The Government of India (GoI) has announced the sale (re-issue) of (i) 6.79% Government Security 2034 for a notified amount of ₹22,000 crore and (ii) 7.46% Government Security 2073 for a notified amount of ₹10,000 crore. The auction will be conducted using multiple price method. Both competitive and non-competitive bids for the auction should be submitted in electronic format on the Reserve Bank of India Core Banking Solution (E-Kuber) system on October 25, 2024 (Friday). GoI will have the option to retain additional subscription up to ₹2,000 crore against each security mentioned above.
Aurion Pro : Yet another IP product company? (22-10-2024)
They may have expected higher growth. Currently, the PEG ratio is 3.5.
Stocks to buy or sell today: SBI, Maruti among top 10 trading ideas for 22 October 2024 (22-10-2024)
The Indian market is set to trade higher on Tuesday due to positive global indicators. Key levels for Nifty are identified between 24500 to 25300. Experts recommend buying Dr Reddy’s Laboratories, National Aluminum Company, SBI, Maruti Suzuki, and HDFC Life, while suggesting selling Coal India, REC Ltd, and Siemens.
Indices edge higher; breadth weak (22-10-2024)
At 09:25 IST, the barometer index, the S&P BSE Sensex, advanced 118.15 points or 0.15% to 81,269.42. The Nifty 50 index added 16.60 points or 0.07% to 24,797.70.
Sensex jumps over 150 points, Nifty tops 24,826; banks lead gains (22-10-2024)
Sensex and Nifty50 opened higher, driven by ICICI Bank, Infosys, and Reliance Industries, despite weak global cues.