In 2024, Indian equity markets reached record highs, but banking, FMCG, and metals sectors underperformed. The Nifty Bank index rose by just 9%, the Nifty FMCG index gained 13%, and the Nifty Metal index increased by around 16.7%. Analysts suggest these sectors may still offer value for medium-term investors.
DLF shares up 0.93% as Nifty gains (20-09-2024)
The stock quoted a 52-week high price of Rs 967.0 and low of Rs 512.45.
Stock market update: Sugar stocks up as market rises (20-09-2024)
The 30-share BSE Sensex was up 517.79 points at 83702.59
Outsized 50-bps Fed rate cut positive for Silver; check trading strategy (20-09-2024)
Spot silver was extremely volatile in the wake of the US Fed cutting rates by 50-bps at its FOMC meeting concluded on September 18.
IndoStar soars 6.51% on sale of Home Finance arm to EQT (20-09-2024)
The deal, valued at ₹1,750 crore on a fully diluted basis, was approved by IndoStar’s board on Sept 19
Share price of GAIL jumps as Sensex gains 453.17 points (20-09-2024)
Promoters held 51.52 per cent stake in the company as of 30-Jun-2024, while FII and DII ownership stood at 15.08 per cent and 9.26 per cent, respectively.
Stock market update: Nifty IT index advances 0.05% in an upbeat market (20-09-2024)
The Nifty IT index was trading 0.05 per cent up at 41965.0.
ITD Cementation shares skyrocket over 17% on Adani Group’s acquisition plans (20-09-2024)
ITD Cementation Share Price: At current market value, a successful deal would be pegged at 5,888.57 crore ($700 million), inclusive of a fully subscribed open offer that will follow a promoter stake purchase.
NTPC board OKs investment of Rs 20,922 cr in two projects (20-09-2024)
NTPC informed that its board has accorded investment approvals for Darlipali Project at appraised estimated cost of Rs 11,130.98 crore and for Sipat Project at appraised estimated cost of Rs 9,790.87 crore.
Bajaj Holdings shares rise 2.91% as Sensex climbs (20-09-2024)
A total of 845 shares changed hands on the counter till 10:19AM (IST)