Optimism in global commodities market over Chinese measures may be short-lived, say analysts (10-10-2024)
Subdued demand, struggling property sector may exert downward pressure on metals
Market Wrap: Sensex, Nifty rise led by banking stocks; investors eye inflation data (10-10-2024)
Sensex closed with a 0.18% gain led by banking stocks amid optimism over potential U.S. rate cuts. Key gainers included Kotak Bank and HDFC Bank. Star Health dropped 2% following a cyberattack disclosure, while VA Tech Wabag rose 5% on securing orders from Reliance Industries.
China Shanghai Composite index climbs 1.32% (10-10-2024)
Also, a survey showed China’s average daily home sales during the Golden Week holiday leapt 23 percent by floor area from the same period last year, spurring hopes of a property market recovery.
JSW Steel collaborates with BHP to deploy carbon capture technology in steel industry (10-10-2024)
JSW Steel and leading global resources company, BHP, are collaborating to accelerate deployment of carbon capture technology for steelmaking decarbonisation, following the signing of a joint study agreement between the parties.
SpiceJet launches new UDAN flights connecting Shivamogga with Chennai and Hyderabad (10-10-2024)
This launch marks Shivamogga’s addition as a new station on SpiceJet’s domestic network and is the airline’s first new destination following its successful Rs 3,000 crore Qualified Institutional Placement (QIP), which has bolstered the airline’s expansion and growth plans.
Quick Wrap: Nifty Pharma Index falls 2.01% (10-10-2024)
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