The 30-share BSE Sensex was up 461.53 points at 83409.76
Fed outsized rate cut draws muted reaction, but calm may not last (19-09-2024)
The U.S. Federal Reserve’s significant rate cut of half a percentage point led to a muted market reaction, with stocks and the dollar reversing positions. Analysts predict potential volatility ahead, particularly in bond yields. Investors are now focused on upcoming economic data to gauge future market direction.
Shakti Pumps – solar shakti (power)! (19-09-2024)
Monsoon definitely + sometimes numbers are updated with lag as state govt takes times to share data. But certainly yes, we should lower our expectation and go by 30% growth in this year
IRIS partners with Telangana to boost MSME sector, stocks trade flat (19-09-2024)
The partnership aims to provide technology-driven solutions for MSMEs, with IRIS investing in developing solutions and the government providing administrative and policy support.
Ion Exchange share price flies 10% on Rs 161-cr order win; details here (19-09-2024)
The uptick in Ion Exchange share price came after the company announced that it has secured an order worth Rs 161.19 crore from Adani Power.
Share price of Siemens falls as Nifty strengthens (19-09-2024)
A total of 3,475 shares changed hands on the counter till 10:46AM (IST).
Voltas stock price up 0.69 per cent as Sensex climbs (19-09-2024)
As of 30-Jun-2024, promoters held 30.3 per cent stake in the company, while FIIs held 15.08 per cent and domestic institutional investors had 25.34 per cent.
Religare Enterprises (19-09-2024)
Thank you for sharing the interview. I missed it.
Where is this headed? When all the legal wrangling is over, shareholding will be the key to control. The Burmans have a significant holding. And they can acquire more.
Dr Saluja and team have done a creditable job of rescuing the business from potential bankruptcy.
But now the company is out of trouble and doing well. So it will attract interest from investors who want to become promoters. That is how capitalism works.
The rest of it – “low open offer” and “not fit and proper” – is meritless though the resolution may get dragged out. I am not invested. I want to see this settle before I evaluate the investment.