maybe if the court gives a clean chit, the ban could be overturned by moRTH? could that be a possibility?
Market slips into negative territory; FMCG shares extends losses for 4th day (21-10-2024)
At 11:25 IST, the barometer index, the S&P BSE Sensex, was down 99.25 points or 0.12% to 81,116.22. The Nifty 50 index fell 64.45 points or 0.26% to 24,789.60.
US dollar index currency speculators stay net short (21-10-2024)
US dollar index currency speculators continue to stay net short and around a six-month low, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC). The non-commercial futures contracts of US dollar index futures, traded by large speculators and hedge funds, totaled a net short position of 2100 contracts in the data reported through October 15, 2024, showing an increase of 211 net short contracts compared to the previous week.
Tube Investments shares decline 0.03% as Sensex slides (21-10-2024)
A total of 659 shares changed hands on the counter till 11:31AM (IST)
The Truth About India’s Housing Prices (21-10-2024)
Housing prices in India have fallen by over a tenth in real terms. Yet, prices are unaffordable for most Indians. Middle-income Indians are seen to be able to afford houses if the price-to-income ratio is five. It is 11 in India.
Bajaj Finance Q2 results preview: NII may jump by up to 28% YoY on loan growth, NIMs to decline sequentially (21-10-2024)
Bajaj Finance is projected to report a net interest income of Rs 8,810-9,187 crore and profit after tax of Rs 4,030-6,083 crore for Q2FY25, reflecting significant year-on-year growth.
HLE Glascoat – (Valuation gap with GMM Pfaudler)? (21-10-2024)
It’s just that the end-user industries are facing a tremendous slowdown. Although the pharma and spec-chem industries have shown signs of improvement, their Capex plans have turned slow–which is affecting the orderbook of GMM & HLE. The input costs, and valuation aren’t that bad, they seem elevated because of the bad results.
The silver lining for HLE is the acquisition of Kinam Engineering, heat exchangers are in a huge up-cycle, if they’re able to improvise on that demand surge, and if the pharma and chem demand picks up, there shall be greenery
Stock market update: Fertilisers stocks down as market falls (21-10-2024)
The 30-share BSE Sensex was down 74.54 points at 81150.21
Oberoi Realty stock gains 4% as Q2 operating profit jumps 27.5% YoY (21-10-2024)
The company’s profit climbed 28 per cent year-on-year (Y-o-Y) to Rs 589.4 crore in Q2FY25, from Rs 456.8 crore in Q2FY24.