This move, intended to support the steady development of capital markets, comes as recent bullish trends in the market face challenges.
Anti-Hindu DNA: Union Minister Giriraj Singh attacks Akhilesh Yadav for silence on Bahraich incident (18-10-2024)
Union Minister Giriraj Singh criticizes Akhilesh Yadav for his silence on the Bahraich incident, accusing him of protecting Muslim votes. Singh also launched the Hindu Swabhiman Yatra from Bihar, emphasizing his commitment to uniting Hindus. Security increased after a clash between two communities led to injuries.
BSE, Adani Energy among 6 stocks may get included in MSCI India Standard Index (18-10-2024)
Shares of BSE, Voltas, Adani Energy Solutions, Alkem Laboratories, Oberoi Realty, and Kalyan Jewellers may be included in the MSCI India Standard Index. This rebalancing could bring these stocks significant passive inflows. The announcement is set for November 6, and changes will take effect from November 26.
Federal Bank declines 0.05% as Sensex climbs (18-10-2024)
The stock traded at a P/E multiple of 11.78, while the price-to-book value ratio stood at 1.21.
Sea change in coastal belt: Once a Cong citadel, now a battleground for rival Senas (18-10-2024)
Maharashtra’s Konkan belt, once dominated by Congress, has shifted political landscapes with the rise of Shiv Sena and later the BJP. Now self-sufficient with improved infrastructure and a thriving economy, the region plays a crucial role in the upcoming state elections, potentially influencing government formation.
Wipro Management sees good momentum, hopes to bounce back in Q4 after a seasonal Q3 (18-10-2024)
Wipro executives discuss current and future business dynamics. They highlight the Q3 guidance, impacted by seasonal factors and European market softness. Despite these challenges, they remain optimistic about growth, particularly in BFSI. Their strong pipeline, steady attrition rates, and strategic focus on large deals and hiring indicate a positive momentum ahead.
Mazagon Dock up 7% as co to consider stock split, dividend on October 22 (18-10-2024)
The uptick in the share price came after the company announced that the board of directors will meet on October 22 to consider stock-split and declaration of interim dividend for the financial year 20
CEAT Q2 PAT drops 41% YoY to Rs 122 cr (18-10-2024)
The tyres manufacturing company’s consolidated net profit fell 41.4% to Rs 121.88 crore in Q2 FY25 as compared to Rs 208 crore posted in Q2 FY24.
Shares of Marico rise as Nifty gains (18-10-2024)
On the technical charts, the 200-day moving average of the stock stood at Rs 593.81.
Havells shares decline 3.5% on weak Q2 operational performance; brokerages cut target price (18-10-2024)
Havells India shares drop 3.5% after reporting a 7.5% YoY PAT increase to Rs 267.77 crore for Q2 FY24. QoQ PAT declined 34.3% and revenue fell nearly 22%. Analysts retain ‘Hold’ ratings; Jefferies and Investec cut target prices, while Goldman Sachs raises its target based on anticipated earnings growth.