Stocks to buy: ICICI Bank, HDFC Bank among top 10 trading ideas for October 11, 2024 (11-10-2024)
Nifty futures gained 0.17% to 25,126. Options data indicates a broader trading range of 24,600 to 25,500, with immediate resistance at 25,150. Analysts suggest that maintaining below 25,150 could lead to weakness toward 24,850.
ETMarkets Smart Talk | Plan to invest Rs 10 lakh? Allocate 70% to high-quality large-cap stocks: Nitin Aggarwal (11-10-2024)
After September’s 2% rise in Nifty50, October began volatilely due to geopolitical concerns. Markets are currently facing challenges from multiple fronts. China’s stimulus has prompted FPIs to shift investments from India to China, causing selling pressure.
TCS shares fall as Q2 profit misses estimates. Should you buy, sell or hold? (11-10-2024)
TCS reported a 5% growth in Q2 net profit to Rs 11,909 crore, falling short of expectations. Revenue increased 8% YoY. Analysts hold mixed views; JPMorgan and Nuvama maintain ‘Buy’ ratings, while Citi and Investec advise ‘Sell’ due to ongoing client-specific issues.
Who Are India’s Newest Billionaires? (11-10-2024)
The collective wealth of the 100 richest went past $1 trillion for the first time.
Sensex, Nifty to open marginally higher; IT stocks in focus after TCS misses quarterly profit forecast (11-10-2024)
Wall Street equities decline on hotter-than-expected US inflation reading