Stock market crash: The BSE Sensex crashed up to 962 points or 1.17 per cent to 80,726.06 levels, while NSE’s Nifty50 fell 244 points or 0.97 per cent at 24,770 levels in intraday deals
ITC demerger update: Stock gains over 2% on NCLT approval; details (07-10-2024)
The demerged company, ITC, is a listed company, while the resulting company, ITC Hotels, is presently unlisted. ITC shares are listed on the NSE, and BSE
PV inventory at record high; auto retail sales dip 9% (07-10-2024)
Automobile retail sales in India declined 9 per cent year-on-year in September amid a massive buildup of passenger vehicle inventory due to sluggish demand, dealer’s body FADA said on Monday, urging original equipment manufacturers to take corrective steps. The overall registrations declined to 17,23,330 units last month from 18,99,192 units in September 2023, as most of the categories including passenger vehicles and two-wheelers witnessed a year-on-year (Y-O-Y) drop.
Tata Group stocks trade weak; Tata Power, Tata Chem, Tata Com down up to 6% (07-10-2024)
Thus far in CY24, Voltas (up 81%), Tata Investment Corporation (53%), Tejas Networks (31%), Tata Power (35%), Nelco (20%),Tata Steel (18%) and Tata Communications (13%) have outperformed the Sensex.
Most Gulf markets fall on geopolitical tensions (07-10-2024)
Most Gulf stock markets fall amid rising geopolitical tensions, especially regarding the conflict between Hezbollah and Israel. Dubai and Abu Dhabi indexes decline, and Qatari index eases. Contrarily, Saudi Arabia’s index rises notably, driven by gains in Al Taiseer Group and Almajed 4 Oud.
Rama Steel records 42% YoY rise in Q2 steel sales volume (07-10-2024)
Rama Steel Tubes said that it has registered a sales volume of 50,921.67 tons in Q2 FY25, which is higher 42% as compared to the sales volume of 35,780.327 tons recorded in Q2 FY24.
Varun Beverages shares down 6.02% as Nifty falls (07-10-2024)
The stock quoted a 52-week high price of Rs 682.84 and low of Rs 331.28.
Share price of Avenue Supermart falls as Nifty weakens (07-10-2024)
A total of 14,407 shares changed hands on the counter till 02:04PM (IST).
Utilties shares fall (07-10-2024)
Utilties stocks were trading in the negative zone, with the BSE Utilities index falling 267.19 points or 4.08% at 6279.76 at 13:47 IST.