Buzzings stocks: Infosys, Tech Mahindra, HDFC Bank, Reliance Power, Uno Minda, IDFC First Bank, KPR Mill, Zaggle, Easy Trip, Vedanta
We will make sure India becomes the preferred destination for investment, trade, technology and tourism: Piyush Goyal (26-09-2024)
Union Minister Piyush Goyal outlines how the Make in India initiative has transformed India’s manufacturing sector over the past decade. He credits government reforms like GST, IBC, and ease of doing business for this success. Goyal also emphasizes India’s potential as a global manufacturing hub due to its demographic dividend and decisive leadership.
Big movers on D-Street: What should investors do with ZEE Media, Mazagon Dock and Hindalco? (26-09-2024)
Benchmark Sensex closed above 85,000 for the first time, while Nifty reached 26,000 at close on Wednesday. Stocks like ZEE Media rose 12%, Mazagon Dock gained 0.7%, and Hindalco declined by nearly 0.077%. Analysts recommend buying these stocks at current levels with specific stop losses and potential upsides over the next 10-12 months.
Stock Market LIVE Updates: Benchmarks at life high, Sensex up 150 pts at 85,320, Nifty at 26,050 (26-09-2024)
Stock Market LIVE Updates: Indian equity benchmark indices hit record high levels after a slow start on Thursday.
NTPC, Power Grid to benefit from India’s power expansion plans: Chakri Lokapriya (26-09-2024)
Power Grid is like the one nation, one grid, kind of a big grid. So, you will see phenomenal growth. NTPC, same reason, green energy will double and triple and again double over the next 10 odd years. So, the numbers are huge. So, even if they fulfil very small portion of it, still they will be very profitable investments.
Why is it a good idea to buy bank stocks now? Ashish Gupta explains (26-09-2024)
Ashish Gupta, CIO of Axis MF, discusses the outlook for the banking sector, noting that earnings momentum may slow due to decreasing margins and rising credit costs. However, he believes banks can perform well given current valuations and improved deposit growth supported by RBI liquidity measures. He also sees opportunities across smallcap, midcap, and largecap stocks.
Indian gold demand buoyed by import tax cut ahead of wedding season (26-09-2024)
Imports more than tripled to 140 tons in August from the previous month, according to the World Gold Council
Manba Finance IPO allotment expected today: Check status, GMP, listing date and other details (26-09-2024)
The share allotment of Manba Finance IPO is expected to be finalised today. Investors can check their allotment status on the BSE or the registrar’s website. The company’s shares are set to list on September 30 with a premium of 49% in the unlisted market. Manba Finance aims to use the proceeds for capital augmentation and general corporate purposes.
Kalana Ispat shares to list on NSE SME platform today. What to expect? (26-09-2024)
Kalana Ispat’s shares will debut on the NSE SME platform, with no grey market premium indicating a flat listing. The IPO saw over 50 times subscription. The company manufactures MS Billets and Alloy Steel Billets, with proceeds from the IPO funding solar power plant installation and roll mill setup.
Rappid Valves IPO allotment: Check status, GMP, listing date and other details (26-09-2024)
Rappid Valves is set to finalize its IPO share allotment on Thursday. Investors can check their allotment status via the Link Intime India or NSE websites. The IPO, priced at Rs 222 per share, saw robust demand and was subscribed over 100 times. The company plans to use the proceeds for machinery purchases and working capital.