The key equity benchmarks extended their losing streak for the sixth consecutive session on Monday, as concerns over FIIs outflows and global geopolitical tensions weighed on investor sentiment. The broader market took a significant beating, with midcap and smallcap indices underperforming sharply. The Q2 earnings season is also approaching, with IT majors set to report results this week. Meanwhile, the RBI’s monetary policy meeting began today, further dampening investor sentiment. The Nifty closed below the 24,800 level after hitting the days high of 25,143 in early trade. IT shares bucked the broader sell off. PSU banks, energy and metal shares tumbled.
NSE share price jumps up to 45% in 3-4 months on IPO buzz. Will the uptrend continue? (07-10-2024)
NSE’s IPO buzz has grown in the last 3-4 months, leading to a 35% rise in its share price in the unlisted market. Investors are waiting for the listing due to the stock’s promise and higher premium compared to the current market price.
Deepak Nitrite (07-10-2024)
Would request someone tracking the company to give a quick recap if possible, since i cannot understand regarding the nitric acid capex along with flourination. and also regarding the raw products nd end products… seems rm prices for deepak would increase since increase in crude prices. isn’t it?
Tech view: Nifty breaks crucial support, may slide to 24,500 level. How to trade tomorrow (07-10-2024)
Nifty formed a long bear candle, indicating a continuation of the downtrend. The positive chart pattern has been negated by Nifty moving below the 24,753 support level. The underlying trend remains negative, with support at 24,500-24,400.
Himadri Specialty Chemicals (07-10-2024)
Since the threat has been not active since long, I thought of putting up some summarised notes of my here, much of it derived from the links and discussions shared above and the investor ppts of HSCL.
Products
Products Analysis
Peer Comparison
Management:
- Promoter increased stake by 5% this year.
- MD says will continue the earnings momentum.
Shareholding Trends:
- Mutual Funds increased stake by 29% in the month of August.
- Currently, retail holding is close to 42% (which is very high).
Thats it. I am looking forward to sharing more as I keep tracking the stock. I remain invested in the stock since a month or two at 490 Levels. Looking forward also to get more insights from fellow folks who are tracking it!
New age tech stocks surge in CY24: Explore their financials & institutional data (07-10-2024)
New-age tech companies have seen significant growth in CY24. Two stocks have surged over 100%. Newly listed companies have also shown strong gains. These tech-driven startups focus on fast-growing sectors and leverage advanced technologies to offer distinctive products and services. They are recognized for their rapid expansion, high market valuations, and ability to disrupt traditional industries.
SAT stays Sebi order barring Omaxe, others from securities market for 2 yrs (07-10-2024)
The Securities Appellate Tribunal (SAT) has stayed a Sebi order that barred realty firm Omaxe, its Chairman Rohtas Goel, Managing Director Mohit Goel and others from the securities market for two years for misrepresentation in the company’s financial statements.
The latest order came after Omaxe and others challenged the order passed by the Securities and Exchange Board of India (Sebi) on July 30.
In its ruling on October 1, the appellate tribunal said, “direction at paragraphs No. 41(1) and (2) shall remain stayed, subject to deposit of penalty amount by the appellant within four weeks”.
Paragraphs No 41(1) and (2) pertain to securities market ban and prohibition from holding any position as key managerial personnel of any other listed company imposed on individuals by Sebi.
Sebi, in its ruling, restrained Omaxe, Rohtas Goel, Mohit Goel and three others — Sudhangshu S Biswal, Arun Kumar Pandey, and Vimal Gupta — from the securities markets for two years.
Additionally, these fiv