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Source: Live Mint Benchmark indices Sensex and Nifty hit new highs in the previous session on September 24. However, as of September 25, trading remains subdued, with muted movement across the markets. On September 24, Benchmark Sensex reached a record high of 85,163.23, crossing the 85,000 mark for the first time, while Nifty set a…
Source: Live Mint Shares of Servotech Power Systems hit their 5 percent upper circuit of ₹191.99, marking a record high following the company’s announcement of a fundraising initiative via preferential share issuance. The Board of Directors approved the issuance of warrants convertible into equity shares during a meeting held on September 23, 2024. The decision…
Source: Business Standard Overseas funds are piling money into Indian stocks, marking a strong return to the $5 trillion market. Image: Bloomberg 4 min read Last Updated : Sep 21 2024 | 9:01 AM IST By Abhishek Vishnoi and Winnie Hsu Overseas funds are piling money into Indian stocks, marking a strong return to the…
Source: Live Mint Adani Energy Solutions, part of Adani Group, has had a volatile 2024, with the stock down over 6 percent YTD. In the last one year, it gained just 14.5 percent. Despite this lacklustre performance, brokerage firm Cantor sees potential multibagger returns for the stock. It has initiated a call on the Adani…
Source: Business Standard Illustration: Ajay Mohanty 4 min read Last Updated : Sep 19 2024 | 10:38 PM IST Investment strategy after US Fed’s rate cut: The US Federal Reserve’s jumbo rate cut of 50 basis points — a first since early 2020 — triggered volatility across various asset classes. The US equities, for…
Source: Live Mint Ending the weeks of intense speculation, the US Federal Reserve’s Federal Open Market Committee (FOMC) has taken a decisive step in initiating a new monetary easing cycle, announcing a 50 basis points (bps) cut to the federal funds rate. The move comes after months of market speculation and a 14-month policy pause….
Source: Live Mint Responsive Industries announced that it anticipated substantial growth following a major government infrastructure initiative. Moreover, brokerage house Ventura Securities has initiated coverage with a buy call on the mid-cap stock with a target price of ₹436, implying an upside potential of 48 per cent in the next two years. Exchange Filing Responsive…
Source: Live Mint Trafiksol ITS Technologies IPO listing: Shares of Trafiksol ITS Technologies, which were supposed to make their D-Street debut on the bourses today, September 17, 2024 on BSE SME has been posponed. “The listing of equity shares of Trafiksol ITS Technologies Limited for September 17, 2024 has been postponed till certain queries that…
Source: Live Mint Indian markets shed almost a per cent in the 11 days of September due to geopolitical tensions, concerns regarding rate cuts, expensive valuations and other negative global cues. The benchmark Nifty has lost 0.93 per cent in September so far but has risen almost 15 per cent in 2024 YTD. The decline…
Source: Live Mint Inox Wind (INOXWIND) has recently captured significant attention in the stock market, with technical analysts forecasting a promising trajectory. The Renewable energy stock has witnessed a remarkable multi-bagger rally, with the stock climbing over 394 per cent last year. So far in 2024, the stock has risen by 91 per cent, giving…
