Stock Market Holiday: BSE, NSE to remain closed on October 2; key updates (01-10-2024)
Stock Market October Holiday: Is the Indian stock market closed tomorrow? Will NSE, BSE be open for trading? All you need to know about stock market holidays in October
Stock Alert: Auto stocks, Kalpataru Projects Intl, Tata Power Company, PC Jeweller, Ultratech Cement (01-10-2024)
Balrampur Chini mills, Bandhan Bank, Hindustan Copper, RBL Bank
Indices may open higher (01-10-2024)
GIFT Nifty:
Why Is Made In India iPhone Costlier?! (01-10-2024)
18% cent GST on iPhones continues to weigh heavily on the final cost to Indian consumers, limiting the impact of price cuts.
Shakti Pumps – solar shakti (power)! (01-10-2024)
These corporate events, although don’t add any value to the existing shareholders out right. But if you see these events are actually beneficial for prospective shareholders. First, the counter would become more liquid by decrease in price per share because you would see more participation from retail, and hence manipulation would be a bit difficult. Secondly, these events give the company a short term visibility, the name would pop up on the screens of many retail as well as institutional investors, so the interest of people in the company does increase and it might even lead to some institutions buying from open market which is much needed at this stage to give Shakti the much needed momentum to come out of this long consolidation phase.
All these are just the benefits which might happen, so such corporate events are mostly always a good news for existing shareholders, unless there are some other motives behind a bonus or split, which the management knows but we don’t.
Pawan Parakh on 4 sectors that promise very high earnings in coming quarters (01-10-2024)
Fund Manager Pawan Parakh predicts a positive outlook for consumer companies in upcoming earnings seasons, expecting improvement in Q3 and Q4. He also highlights high earnings visibility in sectors like power, capital goods, pharma, and real estate. Watch for launches in real estate and discretionary spending growth in the IT sector.