Over the past year, Nifty50 has delivered a robust 30% return, and mid- and small-cap indices have materially outperformed the large-cap during the same period. This strong performance was on the back of a domestic growth story, good visibility of earnings growth, a stable macro-environment, and resilient flows.
“Modi Magic triumphs again”: Union Minister Annapurna Devi credits BJP victory in Haryana to people’s trust, PM’s leadership (09-10-2024)
The BJP’s victory in the Haryana Assembly election is attributed to Modi’s leadership and public trust, says Union Minister Annapurna Devi. She cited the efforts of Chief Minister Nayab Singh Saini and the influence of Modi’s policies. Despite Congress propaganda, the BJP secured 48 out of 90 seats, defeating Congress which won 37 seats.
FTSE Russell adds India’s government bonds to emerging markets index (09-10-2024)
Move comes after the inclusion of Indian Government Bonds in JPMorgan Chase’s benchmark Emerging Markets Bond Index Global Diversified (GBI-EM GD) index in June this year
Dividend, stock-split: IDFC, ARC Finance, Vedanta, 3 others in focus today (09-10-2024)
Here’s the complete list of stocks trading ex-date tomorrow, along with their respective corporate announcements, and other key details
Hyundai Motor India’s Rs 27,856 crore IPO opens on 15th Oct; price band fixed at Rs 1,865-1,960 (09-10-2024)
Hyundai Motor India will launch its IPO on October 15, aiming to raise up to Rs 27,856 crore. The offer includes up to 14.2 crore shares. QIBs have 50% reserved, retail investors 35%, and non-institutional investors 15%. The tentative listing on NSE and BSE is on October 22.
IRB Infra toll revenue climbs 19% YoY in Sep’24 (09-10-2024)
IRB Infrastructure Developers toll collection jumped 19% to Rs 502 crore in September 2024 as against Rs 421 crore posted in September 2023.
BJP wins Haryana for third consecutive term, defies exit polls (09-10-2024)
The Bharatiya Janata Party (BJP) secured a third consecutive victory in Haryana’s assembly elections, held on October 5, defying exit poll predictions of a Congress sweep. The saffron party won 48 out of 90 seats, securing a comfortable majority in the House. Meanwhile, the Congress managed to secure only 37 seats.