The offer received bids for 23.63 crore shares as against 9.97 crore shares on offer.
Indices slide for 3rd day, Nifty below 24,750; autos, consumer durables drag (17-10-2024)
The domestic equity indices extended their losing streak for the third consecutive session on Thursday, with major indices closing significantly lower despite a promising start to trading. The Nifty50 index, which opened strong above the 25,000 mark, quickly reversed course in early trading hours. The benchmark eventually closed below 24,750 points. Sector-wise, realty, automobile, and consumer durables stocks led the downward trend. However, IT and public sector bank shares showed resilience, emerging as outliers in an otherwise bearish market. Market volatility was particularly pronounced due to the scheduled expiry of weekly index options.
Nayab Singh Swears-In As Haryana’s New Chief Minister | #etnow #nayabsinghsaini #shorts (17-10-2024)
Zomato board to consider fundraising via QIP on October 22 (17-10-2024)
Zomato’s board is scheduled to meet on October 22 to discuss raising funds through a qualified institutions placement (QIP) and to announce its September quarter earnings. The company previously reported a Rs 253 crore net profit for the April-June quarter, with significant revenue growth driven by Blinkit and Hyperpure.
Stock market update: Mining stocks down as market falls (17-10-2024)
The 30-share BSE Sensex closed down 494.75 points at 81006.61
Board of Infosys approves merger of subsidiaries (17-10-2024)
At meeting held on 17 October 2024
INR settles lower amid notable weakness in local equities (17-10-2024)
The Indian rupee traded in a narrow range and settled for the day lower by 5 paise to 84.07 (provisional) against the US dollar on Thursday, pressured by foreign fund outflows, a negative trend in domestic equities and broad strength of the American currency. The BSE 30-share Sensex dropped 494.75 points, or 0.61 percent, to end at 81,006.61, extending losses for a third straight session. Similarly, the broader NSE Nifty index ended at 24,749.85, down 221.45 points, or 0.89 percent, from its previous close. The domestic currency witnessed range-bound trade as weak domestic markets and a strong US dollar weighed on the domestic currency, while a decline in crude oil prices and contained geopolitical tensions cushioned the downside. At the interbank foreign exchange market, the local unit opened at 84.01 and traded in a narrow range of 83.99 and 84.07 and finally settled for the day at 84.07 (provisional), lower by 5 paise over its previous close of 84.02.
Midcap Momentum Portfolio (17-10-2024)
@visuarchie : Could you please post the changes after rebalancing
Axis Bank PAT jumps 18% YoY to Rs 6,918 cr in Q2 FY25 (17-10-2024)
The private lender reported 17.97% rise in standalone net profit to Rs 6,917.57 crore on 17.31% increase in total income to Rs 37,141.71 crore in Q2 FY25 over Q2 FY24.
Stock market update: Stocks that hit 52-week lows on NSE in today’s trade (17-10-2024)
Bajaj Auto, Shriram Finance, Nestle India, M&M and Hero MotoCorp were among the top losers on NSE in today’s trade.