The stock quoted a 52-week high price of Rs 4666.0 and low of Rs 2881.3.
Stock market update: Power stocks up as market rises (09-10-2024)
The 30-share BSE Sensex was up 392.69 points at 82027.5
SpiceJet shares jump 8% on settling Rs 1,100 crore dispute with lessors (09-10-2024)
Shares of SpiceJet surged over 8% after settling a significant ₹1,107 crore dispute with lessors for $22.5 million. This follows the airline’s recent resolution of a $16.7 million dispute with Engine Lease Finance Corporation. SpiceJet is now preparing to expand its fleet and improve financial stability.
Natco Pharma: Focusing On Complex Products (09-10-2024)
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Torrent Power hits life high on securing 2k MW energy storage project (09-10-2024)
Torrent Power secured a LoA from Maharashtra State Electricity Distribution (MSEDCL) and inked a share subscription and shareholders’ agreement (SSSA) with Lakshmi Mills and Torrent Urja 17 Private Li
Shares of Indian Hotels rise as Nifty gains (09-10-2024)
On the technical charts, the 200-day moving average of the stock stood at Rs 583.09.
RBI maintains repo rate at 6.5%; changes stance to neutral (09-10-2024)
After evaluating the macroeconomic conditions and future outlook, the Monetary Policy Committee (MPC) decided, with 5 out of 6 members in agreement, to maintain the policy rate at 6.5%, according to the RBI Governor. A neutral stance gives the RBI the flexibility to adjust interest rates based on the direction of inflation, contrasting with the current position of withdrawing accommodation, which eliminates the possibility of rate cuts. Shaktikanta Das noted that domestic growth has sustained its momentum, and the global economy has remained resilient since our last meeting. However, downside risks persist due to geopolitical conflicts, financial market volatility, and elevated public debt. On a positive note, world trade is showing signs of improvement. Governor Das further stated that food inflation pressures may ease due to favorable conditions from kharif sowing and good soil moisture. Additionally, it appears that core inflation has bottomed out. However, a recent increase in …
Stock market update: Nifty Pharma index advances 1.08% in an upbeat market (09-10-2024)
The Nifty Pharma index was trading 1.08 per cent up at 23559.25.