Why Fed rate cuts could boost India’s growth stocks? Sunil Subramaniam explains
These businesses take time to build core potential. When they launched, there was a lot of hype, but the reality lagged behind. Now, the world is changing, and companies like Zomato and Nykaa are gaining traction at the ground level.
Western Carriers IPO subscribed by 10 times so far on day 4, GMP down to 29%. Check details
The IPO of Western Carriers has been oversubscribed 10 times, driven by strong retail demand. Analysts advise high-risk investors to consider the issue due to financial challenges.
Northern Arc Capital IPO subscribed 10 times on Day 3 so far. GMP surges to 76%
Northern Arc Capital’s IPO has been subscribed 10 times by the third day, with significant interest from non-institutional and retail investors. The company has set a price band of Rs 249-263 per share and raised Rs 228 crore from anchor investors. Analysts recommend subscribing due to its strong growth potential and diversified business model.
REC shares rally by 3% after signing MoUs of Rs 1.12 lakh crore
Rural Electrification Corporation’s shares rose 3% after signing MoUs worth ₹1.12 lakh crore for renewable projects, aiming to boost its renewable loan book to ₹3 lakh crore by 2030.
Nifty Realty down 7% from peak. Can property stocks buck sectoral churning to remain on top?
The Nifty Realty index, representing top real estate stocks, has declined by 7% over the past three months due to election-related delays in project approvals and launches. Despite this, some stocks remain strong performers. Experts anticipate that interest rate cuts and the festival season could boost real estate demand.
China faces “real issues”, remain invested but caution suggested: Ray Dalio
Ray Dalio warned about China’s economic challenges and slowing growth but retains some investments. He advised investors to diversify and restructure their portfolios in response to these issues.
Reliance Power shares locked in 5% upper circuit on settling Rs 3,900 crore obligations
Reliance Power Share Price: Shares of Reliance Power rose 5% today, reaching a high of Rs 32.98, following the announcement of a settlement regarding obligations worth Rs 3,872.04 crore for the lenders of Vidarbha Industries Power (VIPL). The company also settled all disputes with CFM Asset Reconstruction, pledging 100% of VIPL’s shares to CFM for […]
ETMarkets Smart Talk: Stock Picker’s Paradise! Rajesh Bhatia on identifying opportunities in record-high markets
September 2024 has already seen Nifty falling by 1.19% (till 9th Sep’24) tracking weak macro data from the US, deepening China-U.S. trade disputes, unpredictability surrounding the U.S. presidential election, and a dearth of stimulus policies from China to spur economic expansion.
Hot stocks: Brokerage view on Bajaj Auto, Emcure Pharma, LTIMindtree and Bajaj Finance
CLSA maintains an underperform rating on Bajaj Auto with a target price of Rs 7,000. The recent launch of entry-level motorcycles by Bajaj and Triumph, particularly the Speed T4, is seen as promising. However, caution is warranted due to rising competition in the premium segment, moderated growth in the over-250cc category, and ongoing pressure in […]
Mazagon Dock Shipbuilders shares to trade ex-dividend tomorrow
Shares of defense PSU Mazagon Dock Shipbuilders are in focus today, as the company has set September 19 as the record date for determining shareholder eligibility for dividend payments. Consequently, today is the last opportunity to purchase shares to qualify for the announced dividend of Rs 12.11 per share, which was declared earlier in May […]