Central Depository Services (CDSL) shares surged 9% in a week, nearing all-time highs. Analysts advise caution due to potential resistance, recommending profit booking for current holders while suggesting accumulation for new investors.
Dollar Index climbs to near 2 and half month high; US retail sales, ECB policy in focus (17-10-2024)
The US dollar is staying largely unchanged on Thursday morning in Asia following a relentless rally since the start of October. Currently, the dollar index that measures the greenback against a basket of currencies is seen trading at 103.39, a near two and half month high. Investor await further data from US for clarity in Federal course of action. Besides, sliding currency peers in the USD basket amid expectations of an interest rate cut by major central banks are also keeping the index at elevated levels. Safe haven demand amid persistent Middle East tensions and apprehension ahead of US Presidential elections is also keeping the greenback supported. Among basket currencies, EURUSD and GBPUSD are quoting at $1.0879 and $1.2986 respectively. Yesterday, GBPUSD fell sharply following slower than expected UK inflation data below BoEs target level for the first time in three years, prompting gains in the US dollar index. Ahead in the global day, US retail sales; ECB monetary policy …
Godrej Consumer stock price down 1.52 per cent as Sensex slides (17-10-2024)
As of 30-Sep-2024, promoters held 62.81 per cent stake in the company, while FIIs held 22.03 per cent and domestic institutional investors had 6.15 per cent.
Bajaj Auto, TVS, Hero slip up to 11% on below expectation festive demand (17-10-2024)
At 10:15 am, the BSE Auto index, the top loser among sectoral indices, was down 3 per cent, as compared to the 0.33 per cent decline in the BSE Sensex
Delta Corp, Nazara: Should you bet on online gaming shares ahead of Diwali? (17-10-2024)
Amid festivities, family and friends also indulge in games and fun activities. With changing lifestyle, online gaming, too, gained traction. Here’s a tech check on online gaming stocks ahead of Diwali
CDSL – Stock for our children (17-10-2024)
HDFC Securities gave a buy call to CDSL, with a target price of 1640 at 42x PE multiple for FY26E earnings.
Here’s why Oriana Power share price rose 6% on October 17; reasons here (17-10-2024)
The rise in Oriana Power share price came after the company said that it has been awarded a new contract aggregating to 75MW(AC) Solar power plant worth Rs 375 crore from MSEDCL, Maharashtra.
InterGlobe shares down 1.0% as Nifty drops (17-10-2024)
A total of 2,392 shares changed hands on the counter till 11:25AM (IST).
Creative Peripherals (now Creative Newtech) – Micro cap with big ambitions (17-10-2024)
Both Mr.Ketan Patel and Purvi Ketan Patel have shareholding ~3-4% in DC Infotech & Communication Ltd… Could anyone throw some light on this? Is there a connection? Or is it just a personal investment?