Metal and small-cap stocks saw increased investment today, while telecom, realty, bank, and auto stocks experienced a sell-off.
Prateek Agrawal On Market Trends | ‘Expect Some Consolidation In The Near-Term’ #shorts (30-09-2024)
Willing to negotiate with workers directly: Samsung (30-09-2024)
Samsung India is willing to sign a long-term wage settlement and negotiate directly with its workers for an amicable resolution of the dispute, the company’s lawyer said on Friday, terming the ongoing employees’ strike at the Sriperumbudur plant “illegal”. Lawyer Anand Gopalan, who is representing Samsung India in the high court of Chennai and the Kanchipuram District Court, said the company would only negotiate with its workers and not with any third-party leaders.
Tech view: Nifty closes below 25,900, forms long bear candle. How to trade tomorrow (30-09-2024)
A technical analyst, Nagaraj Shetti, believes that the Nifty index is likely to decline further in the near future. He points to the formation of a bearish reversal candle pattern, similar to a bearish evening star, on the daily chart. This pattern, combined with a gap-down opening, suggests that the short-term uptrend may be over.
Coal India introduces uniform interest rates on delayed receivables (30-09-2024)
With effect from 01 October 2024
IRB INVIT TRUST- new game in the town! (30-09-2024)
As per management commentry in last investor call, they have guided Rs 2/Unit/Quarter. However, this can not be taken as granted as it depends on toll income generated from assets. The current downward price movement indicates likely miss by @10 Paisa in current quarter. The downward price movement is also due to inability of management to secure / add good income generating assets.