A total of 71,974 shares changed hands on the counter till 10:34AM (IST)
Stock market update: Stocks that hit 52-week highs on NSE (16-10-2024)
IFB Industries, Stylam Ind, Rallis India, Nitco and Platinum Industries, hit their fresh 52-week highs at 10:33AM.
CRISIL Ratings reaffirms ratings of Knowledge Marine at ‘BBB’ with ‘stable’ outlook (16-10-2024)
Knowledge Marine & Engineering Works (KMEW) said that CRISIL Ratings has reaffirmed its ‘CRISIL BBB/Stable/CRISIL A3+’ ratings on the bank loan facilities of the company.
Nifty slides below 25,050; media shares under pressure (16-10-2024)
At 10:30 ST, the barometer index, the S&P BSE Sensex, was down 62.25 points or 0.08% to 81,767.12. The Nifty 50 index shed 16 points or 0.06% to 25,041.35.
Share price of REC jumps as Sensex drops 69.4 points (16-10-2024)
Promoters held 52.63 per cent stake in the company as of 30-Jun-2024, while FII and DII ownership stood at 20.43 per cent and 9.11 per cent, respectively.
Bank of Maharashtra shares gain over 2% on healthy Q2FY25 results (16-10-2024)
The Pune-based lender’s NII expanded 15.41 per cent YoY to Rs 2,807 crore in Q2 FY25 compared to Rs 2,432 crore in the corresponding quarter of the previous fiscal year
Buy Sudarshan Chemical Industries, target price Rs 1,161: HDFC Securities (16-10-2024)
HDFC Securities has buy call on Sudarshan Chemical Industries with a target price of Rs 1,161. The current market price of Sudarshan Chemical Industries is Rs 1,102.35.
NPST – Technology Provider for UPI Tech (16-10-2024)
2-3 points to note are –
- Small merchants are not ready for MDR and most likely MDR for P2M transactions will not get implemented in the near term.
- GoI pretty much wants to promote BHIM to break duopoly of Google Pay and Phone Pe.
No question was asked on government incentives. NPST call on Oct 21, PayTM on Oct 22 – hopefully some clarity will emerge.
Crude oil futures recover after Tuesday’s fall (16-10-2024)
October crude oil futures were trading at ₹5953, up by 0.30 per cent, and November futures were trading at ₹5931, up by 0.58 per cent, during the initial hours
Stock market update: Nifty IT index falls 0.17% in a weak market (16-10-2024)
The Nifty IT index was trading 0.17 per cent down at 42659.55.