ACC shares fall 0.91% as Nifty gains
A total of 1,879 shares changed hands on the counter till time (IST).
A total of 1,879 shares changed hands on the counter till time (IST).
While it might not appear on the face of it because it is being masked by the market breadth and movement of indices, the fact is that some of the high flying stocks have corrected very sharply from their recent 52 week high. So, there is a correction going in the market. But even after the correction the fact is that the mid-cap segment is likely to outperform as money continues to get poured into mutual funds schemes. The only thing which an investor needs to do is to look at each stock carefully... Читать дальше...
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Karnataka Doctor Case: The Supreme Court criticized the West Bengal government over delays in filing an FIR concerning the horrific rape and murder of a medic at RG Kar Medical College and Hospital in Kolkata. This case was discussed on Tuesday, with the top court taking suo motu cognizance of the incident.
The initial buoyancy, what we saw last year, I think there is some kind of a normalisation over here. On the other hand, on the rural, the bottom of the pyramid, which was really weak for the last one-and-a-half years that is seeing some green shoots because there the base is also kind of favourable if you look at for the last two years.
A total of 10,035 shares changed hands on the counter till 12:17PM (IST)
Kolkata Doctor Rape and Murder Case: In 2024, the Supreme Court has used suo motu powers a record 10 times, tackling various issues like a judge's contentious order and a tragic murder case. Many cases remain unresolved, such as those involving Chhattisgarh's remission policy and the termination of several women judicial officers in Madhya Pradesh.
Shares of KEI Industries and Polycab increased after UBS initiated a buy rating, forecasting substantial earnings growth due to favourable supply-demand dynamics in the electrification market. The segment is expected to reach $20 billion by FY30, with top companies increasing their market share and significant export revenue growth.
A total of 37,144 shares changed hands on the counter till 12:13PM (IST)
Governor C V Ananda Bose called the alleged rape and murder of a woman doctor in Kolkata "society's most shameful moment" and said West Bengal is in turmoil. He criticized Chief Minister Mamata Banerjee's response as rhetoric and suggested that the government's inability to protect citizens has led to a loss of public trust.
Edelweiss Mutual Fund CEO Radhika Gupta recommended the Large and Midcap 250 Index as a top index fund choice for investors aiming for broad economic coverage. Gupta's suggestion came in response to confusion expressed by Mahesh, an AMFI-registered distributor, regarding the various available index fund options for investors.
Amazon explored launching a separate app for its digital payments service, Amazon Pay, in India. The shift aimed to enhance visibility and usage outside the main e-commerce app. The strategy aligned with a recent Rs 600 crore investment in Amazon Pay India, reflecting the company's continued focus on the Indian market.
Schlatter Industries said on August 9 that it was hit by a malware-based cyberattack and that unknown perpetrators were attempting to blackmail it, without disclosing further details.
Deven Choksey of DRChoksey FinServ Pvt. Ltd highlighted the current price rationalization in financial stocks, suggesting it's a favorable time for investment. He pointed out ICICI Bank, HDFC Bank, SBI, and Bajaj Finance as strong candidates. He also stressed India's economic potential, projected to grow from $4 trillion to $10 trillion in the next decade.
The stock traded at a P/E multiple of 64.29, while the price-to-book value ratio stood at 14.15.
Promoters held 51.52 per cent stake in the company as of 30-Jun-2024, while FII and DII ownership stood at 15.08 per cent and 9.26 per cent, respectively.
If you look at, really to play the rural, it is basically consumption is what we are looking at and broader consumption which has been kind of lagging behind, I mean that has lagged the recovery since COVID.
Pernod Ricard India announced plans to triple its revenue within a decade by prioritizing premiumization and innovation. It launched Royal Stag Double Dark Peaty Whisky and Blenders Pride Four Elements Premium Whisky as part of this strategy. The move aligns with the Make in India initiative, with the company's portfolio predominantly produced domestically.
The stock quoted a 52-week high of Rs 3573.25 and a 52-week low of Rs 1909.0.
A short buildup occurs when open interest and volumes rise while stock prices fall, indicating increased short positions as traders anticipate lower prices.
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A total of 5,650 shares changed hands on the counter till 11:52AM (IST)
Unicommerce shares surge 16% in early trading, after a 20% jump in the previous session. The company’s Rs 277-crore initial public offering (IPO) was subscribed nearly 170 times, making it one of the most subscribed issues this year. The IPO was entirely an offer for sale, with no primary capital raised by the company.
Top lenders in India, including Bajaj Finance, CASHe, Federal Bank, Kotak Mahindra Bank, L&T Finance, and mPokket, have provided diverse personal loan options. These loans cater to different needs with competitive interest rates, flexible repayment tenures, and easy application processes, ensuring borrowers can access funds promptly and efficiently.