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Source: Business Standard 3 min read Last Updated : Oct 10 2024 | 3:04 PM IST Shares of state-owned power generation Maharatna company, Power Grid Corporation of India jumped 2.73 per cent to the day’s high of Rs 338 on the BSE during the intra-day deals on Thursday. The northward movement in the stock…
Source: Business Standard Dalal Street, Stock Market, Market, Crash, Funds, up, Stock, Gain, Lost, decline, statistic, Crisis, Capital, BSE, NSE(Photo: Shutterstock) Stock Market Today, October 10, 2024: Benchmarks Nifty50 and Sensex may witness a higher opening today, buoyed by mostly positive global cues. At 6:30 AM, GIFT Nifty Futures were up 123 points at…
Source: Business Standard 2 min read Last Updated : Oct 09 2024 | 2:31 PM IST Shares of IT-enabled services provider Zaggle Prepaid Ocean Services jumped 4.28 per cent to day’s high of Rs 444 on the NSE during intra-day deals on Wednesday. The uptick in the stock price followed the announcement that Zaggle Prepaid…
Source: Live Mint Rate-sensitive sectors surged on Wednesday, October 9 following the Reserve Bank of India (RBI)’s decision to change its policy stance to ‘Neutral’ from ‘Withdrawal of Accommodation,’ indicating the possibility of a rate cut in December. The RBI’s Monetary Policy Committee (MPC), however, kept the repo rate unchanged at 6.5 per cent for…
Source: Business Standard Stock Market Today, October 09, 2024: All eyes are on the RBI policy meeting outcome, which is expected to influence market sentiment today. Amid this anticipation, benchmark indices—Nifty50 and Sensex—are likely to see a positive opening. RBI’s new monetary policy committee may be well-placed to set the stage for an…
Source: Business Standard 2 min read Last Updated : Oct 07 2024 | 2:22 PM IST ITC shares zoom: Shares of FMCG major ITC advanced 2.26 per cent to Rs 514.95 on the NSE, amidst otherwise weak markets on Monday. The northward march in ITC’s stock price followed the company’s announcement that the National…
Source: Live Mint MUMBAI : The Nifty IT index rose around 14% in the September quarter, compared to the Nifty50’s 7% returns, reflecting hopes of demand recovery. The US Federal Reserve took a monetary policy pivot, cutting rates by a jumbo 50 basis points (bps) in September. One basis point is 0.01%. This major event…
Source: Live Mint The stronger impact on domestic stock market is partly because we were playing on a weak wicket. In the weeks prior, the domestic market had been underperforming relative to other EMs. The underperformance intensified as investors began shifting funds to Asian counterparts like China, which are trading at significantly lower valuations—10x to…
Source: Live Mint Top News India’s foreign exchange reserves saw a significant boost, increasing by USD 12.588 billion to reach an all-time high of USD 704.885 billion as of the week ending September 27, 2024. This growth in reserves can be attributed to several factors, including rising foreign investments, positive trends in exports, and possibly…
Source: Business Standard Share market today, October 04, 2024: Benchmarks Sensex and Nifty50 are set for a shaky opening on October 04, 2024, amid escalating geopolitical tensions in the Middle East. The fallout from Israel’s airstrikes on central Beirut, which resulted in at least six fatalities, has left investors anxious as the region…
