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Breakout Stocks: How to trade Info Edge, Dr Lal PathLabs and Home First Finance on Monday (06-10-2024)
Buying was seen in IT stocks, while selling was evident in utilities, telecom, auto, realty, and FMCG stocks
Breakout Stocks: How to trade Info Edge, Dr Lal PathLabs and Home First Finance on Monday (06-10-2024)
Buying was seen in IT stocks, while selling was evident in utilities, telecom, auto, realty, and FMCG stocks
Govt directs major steel players to use iron ore fines also for steel making (06-10-2024)
The country is heavily dependent on imports for coking coal.
Zomato grants Rs 330 crore in stock options to employees via ESOPs (06-10-2024)
Zomato, the renowned food delivery platform, announced the grant of nearly 12 million stock options valued at Rs 330.17 crore under its ESOPs in an official filing on October 2, 2024. The options aim to enhance employee motivation and long-term wealth creation. The majority (11,997,652) of the options belong to the ESOP 2021 plan, while only 116 are from the older ESOP 2014 plan
Zomato grants Rs 330 crore in stock options to employees via ESOPs (06-10-2024)
Zomato, the renowned food delivery platform, announced the grant of nearly 12 million stock options valued at Rs 330.17 crore under its ESOPs in an official filing on October 2, 2024. The options aim to enhance employee motivation and long-term wealth creation. The majority (11,997,652) of the options belong to the ESOP 2021 plan, while only 116 are from the older ESOP 2014 plan
RBI interest rate decision, West Asia conflict to drive markets: Analysts (06-10-2024)
The Reserve Bank of India’s (RBI’s) interest rate decision, Middle East conflict and trading activity of foreign investors are the key factors that will dictate investors’ sentiment in the market this week, analysts said.
Moreover, quarterly earnings from IT bellwether TCS, domestic macroeconomic data and movement in global oil benchmark Brent crude would also guide trends in the market.
Worsening tensions in the Middle East and foreign fund outflows were the major culprits behind the equity markets sharp fall last week.
“On the domestic front, the market’s focus will be on the RBI Monetary Policy Committee (MPC), which is scheduled to meet from October 7 to 9, 2024, with the outcome to be announced on Wednesday,” Pravesh Gour, Senior Technical Analyst, Swastika Investmart Ltd, said.
The second quarter earnings season is kicking off with TCS, he said.
“Domestically, liquidity remains strong, with signs of sectoral rotation from overvalued segments to areas with more attractive …
FPIs withdraw Rs 27,142 crore in 3 sessions of Oct on geopolitical worries, Chinese market rebound (06-10-2024)
According to the data, FPIs made a net withdrawal of Rs 27,142 crore from equities between October 1 and 4, with October 2 being a trading holiday