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Source: Live Mint Diwali 2024 Muhurat trading: The Indian stock market took a sharp downturn in October, ending its multi-month winning streak. After a steady six-month climb, the BSE Midcap index has slipped, down by 7 per cent in October. The BSE Smallcap index, following a four-month winning streak, has dipped 4.5 per cent. Meanwhile,…
Source: Live Mint Godavari Biorefineries made its stock market debut on Wednesday, October 30, and saw a flurry of bulk deals on the NSE. Notably, among the key transactions was a purchase by Madhuri Madhusudan Kela, wife of ace investor Madhusudan Kela, who acquired 500,000 shares of the company in a bulk deal. Read Full…
Source: Live Mint The benchmark indices of the Indian stock market, Sensex and Nifty 50, are likely to open flat to negative on Thursday. Among global indicators, the US stock market finished lower on Wednesday. Among major US stock indices, Dow Jones finished 0.22 per cent lower, and tech-heavy Nasdaq corrected 0.56 per cent. The…
Source: Live Mint Diwali 2024 Muhurat trading: The Indian stock market is navigating through intriguing times. On one side, it’s facing headwinds from escalating geopolitical tensions and declining corporate earnings. But on the brighter side, tailwinds are blowing in with the onset of interest rate cuts and the promise of robust economic growth. The market,…
Source: Live Mint India’s Housing Finance Companies (HFCs) contributed 46 per cent to the fundraising activities from public markets through the initial public offering (IPO) route, according to a research report by Colliers India. The real estate industry, which includes HFCs, Real Estate Investment Trusts (REITs), real estate developers, flex space operators, hospitality companies, and…
Source: Live Mint Samvat 2081:Over the past year, the Indian IT sector has shown impressive resilience. Despite worries about a demand slowdown and high interest rates in major markets, the Nifty IT index has surged 36 per cent since last Diwali, outpacing the Nifty 50’s 25 per cent rise and proving that tech stocks are…
Source: Live Mint Expert view: India is relatively better placed, but valuation is a concern, says Surjitt Singh Arora, Portfolio Manager, Portfolio Management Services, PGIM India Asset Management Pvt. Ltd. In an interview with LiveMint, Arora says he is cautious about the mid-and small-cap segments in the near term. The broader market may see some…
Source: Live Mint The Indian stock market has seen an accelerated week-on-week decline this month. The bearish trend, which began in the last week of September, has been ongoing for about a month. Interestingly, global equity markets have been experiencing high volatility since June-July, approximately 2-3 months earlier. This indicates that the domestic sell-off occurred…
Source: Live Mint Dividend Stocks: Shares of several major companies, including ICICI Lombard General Insurance Company Ltd, Infosys Ltd, Mazagon Dock Shipbuilders Ltd, Birlasoft Ltd, Dodla Dairy Ltd, Godrej Consumer Products Ltd, Tech Mahindra Ltd, NTPC Ltd, and R R Kabel Ltd among others, will trade ex-dividend from Monday, October 28, according to data collected…
Source: Live Mint While valuing a stock is crucial, relying solely on valuation can be misleading. During periods of market turmoil, it’s the quality of a company that ultimately stands the test of time, according to Saurabh Mukherjea, the founder of Marcellus Investment Advisors. In a conversation with Mint on an episode of ‘How To…
