On the technical charts, the RSI of the stock stood at 38.94.
Nuvama Wealth gains 4% after 2.2 mn shares change hands via block deals (27-09-2024)
As per reports, Edel Finance Company and Ecap Equities were looking to sell a combined 6.4 per cent stake
Nikkei rallies 2% on softer yen, Japan leadership contest in spotlight (27-09-2024)
Japan’s Nikkei share average surged over 2% as the yen softened, following Sanae Takaichi’s lead in the first round of the ruling Liberal Democratic Party’s leadership election. Takaichi, a supporter of Abenomics, advocates for monetary easing and fiscal stimulus, which boosted investor sentiment. However, Shigeru Ishiba won in a run-off vote after market hours.
Bajaj Holdings shares fall 0.51 per cent in Friday’s trading session (27-09-2024)
The Relative Strength Index of the stock stood at 58.12 on Friday.
Bondada Engineering bags contract worth Rs.467 Crores (27-09-2024)
From KPI Green Energy Limited
IPO Review – Discussion until listing (27-09-2024)
To the experts here, I am curious about who the buyers are that purchase shares at such high premiums in the grey market before an IPO, and who buys at such high premiums on the listing day. Additionally, can we trust the news articles reporting pre-listing Grey Market Premiums (GMP)? I can’t help but feel that this might be a form of market manipulation. I’d appreciate your insights.
FII View: Why India is the cheapest market in the world for next 5-10-15 years? Vikas Pershad explains (27-09-2024)
Vikas Pershad and Deepika Mundra from M&G Investments discuss India’s equity market’s intrinsic value and long-term growth potential. They identify trends like premiumisation, Make in India, and cyclical recovery. Emphasizing selective investments in high-performing companies within sectors, they further stress that careful selection is crucial for capitalizing on market opportunities.
Benchmarks continue to trade sideways; oil & gas shares extend gains for 6th day (27-09-2024)
At 12:30 IST, the barometer index, the S&P BSE Sensex shed 45.09 points or 0.05% to 85,791.03. The Nifty 50 index added 22.15 points or 0.08% to 26,238.20.