Indian markets closed mixed on Monday, with the Sensex failing to cross 80,000 and the Nifty holding 24,100 levels. Power, PSU, banks, and IT stocks gained, while metal, healthcare, and FMCG stocks declined. Wipro, Coforge, and Federal Bank hit new highs.
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ACME Solar Holdings IPO ends with 2.75x subscription (11-11-2024)
The offer received bids for 16 crore shares as against 5.82 crore shares on offer.
Stock market update: Power stocks down as market rises (11-11-2024)
The 30-share BSE Sensex closed up 9.83 points at 79496.15
SC junks plea of Prashant Kishor’s Jan Suraaj Party to postpone Bihar by-elections (11-11-2024)
The Supreme Court rejected a plea by Prashant Kishor’s Jan Suraaj Party to delay the Bihar by-elections scheduled for November 13 due to the Chhath Puja festival. The court stated it was too late to intervene and deemed it a policy matter, emphasizing that other parties had no objections and arrangements were already in place.
Shree Cement Q2 Results: Profit plunges 83% YoY to Rs 76 crore; revenue down 15% (11-11-2024)
Shree Cement Q2 Results: Net profit stood at Rs 447 crore in the year-ago quarter. Despite challenging demand due to prolonged monsoons and softer prices, the company stated that its focus on brand equity, product premiumization, and improved geo-mix helped sustain its realization on a QoQ basis.
Share market update: Most active stocks in today’s market in terms of volume (11-11-2024)
The NSE Nifty index closed 6.91 points down at 24141.3