Diwali Dhamaka: 5 stocks that lit up investor fortunes in last 10 Samvat years
The Sensex itself has ended in the positive zone 8 out of 10 times while auto, capital goods, IT and consumer goods have also ended in the green zone on 8 occasions.
Chart Check: 30% rally in a month! Should you book profits or buy ESAB India?
Short-term traders can look to buy the stock now for a target of levels above 6700 in the next 3-4 weeks, suggest experts.
Tycoon Sunil Mittal’s Uganda IPO flops as investors prefer bonds
Airtel said it managed to raise 211.4 billion shillings ($56 million) after selling 54.5% of the 8 billion shares on offer. Retail investors bought just 0.3% of the IPO. Shares were unchanged at 100 shillings on its debut on Tuesday.
Hot Stocks: Brokerages on Zydus Life, Hindalco, Anupam Rasayan and Alkem Laboratories
Macquarie maintained an underperform rating on Zydus Life with a target price of Rs 490. The Q2FY24 results were a mixed bag.
Stock to buy today: IndusInd Bank, Cochin Shipyard and SJVN top buy ideas
On the weekly options front, the maximum Call OI is placed at 19500 and then towards 19600 strikes while the maximum Put OI is placed at 19300 and then towards 19200 strikes.
Big movers on D-Street: What should investors do with Venky’s, Gland Pharma and Lux Industries?
Stocks that were in focus included names like Venky’s, which gained 0.32%, Gland Pharma, which jumped 4.96%, and Lux Industries, whose shares declined 2.14% on Tuesday.
Gold prices flat as investors await Fed Chair Powell’s speech
Minneapolis Fed Bank President Neel Kashkari said the U.S. central bank may have to do more to bring inflation down to its 2% goal, given the recent spate of resilient economic data.
Indian banks’ digital maturity score above global average: Deloitte
But Indian banks were ahead of global peers on user experience and they could improve in the areas of relationship, customer onboarding, and day-to-day banking.
SBI raises dollar bond issue size to $1 billion amid fall in US yields
SBI is tapping the international markets second time this financial year. While $750 million is underwritten by global banks, an additional $250 million is made available through a green shoe option arranged by global banks including HSBC and JP Morgan.
Govt capex-led order books lure FPIs to capital goods
The trend in order inflow and project execution for leading capital goods companies remains encouraging. India’s largest infrastructure company L&T met two-third of its order inflow guidance for FY24 in the first six months. Its order prospects for the second half of the year grew by 39%.