Two people have died following the intense rains that inundated the city of Chiang Mai and surrounding areas that are popular with tourists.
Stock market live updates 10 October 2024: Stock to buy today: KPR Mill (₹944.2) (10-10-2024)
Sensex, Nifty, Share Price LIVE: KPR Mill’s stock hit a record high of ₹1,053.50 a couple of weeks ago. However, it started to fall in the following sessions and hit a low of ₹902.1 early this week. Notably, the stock has now bounced off the 20-day moving average. Also, in the daily chart, the price action shows that KPR Mill continues to form higher lows and higher highs.
Asian equities climb as US record high lifts mood (10-10-2024)
Shares in Japan, South Korea and Australia climbed while Hong Kong equity futures also rose. An index of US-listed Chinese companies fell in New York trading, following the biggest drop in more than four years for mainland China’s benchmark index on Wednesday.
GIFT Nifty up 110 points; here’s the trading setup for today’s session (10-10-2024)
Foreign portfolio investors turned net sellers at Rs 4,563 crore on Wednesday. DIIs bought shares worth Rs 3,509 crore.
Stocks in news: TCS, Tata Elxsi, IREDA, IDFC, Star Health (10-10-2024)
Shares of Adani Enterprises are likely to be in focus on Thursday after the company approved a share sale to large investors via qualified institutional placement.
Adani in talks with Middle Eastern sovereign fund for $1 b Investment in airports (10-10-2024)
The Adani Group is in discussions with a Middle Eastern sovereign fund to secure up to $1 billion for its airports business. They have also launched a qualified institutional placement to raise $500 million with a greenshoe option of an equal amount. The funding will support expansion in the airport sector.
No foreclosure, pre-payment charges on loans to MSEs (10-10-2024)
“While positive for customers, the RBI’s move will have a negative impact on the profitability of lenders, and could also potentially increase the loan prepayments and balance transfer.”
One member of MPC voted for a rate cut in October itself (10-10-2024)
Of the three new external members, Nagesh Kumar, director and chief executive, Institute for Studies in Industrial Development, voted for a cut, the central bank said.
Domestic FIs stock up even as FPIs keep selling (10-10-2024)
NSE’s Nifty ended 31.2 points or 0.12% lower to close at 24,981.95. BSE’s Sensex declined 167.71 points or 0.21% to end at 81,467. Both the indices had risen as much as 0.8% to 0.9% earlier in the trading session.