Latest Stock Market News

For the week, the Sensex fell by 3,883 points (4.5%), while the Nifty lost 1,128 points (4.3%). The total market capitalisation of all listed companies on the BSE dropped by Rs 16.67 lakh crore to Rs 461.26 lakh crore. At the same time, foreign institutional investors recorded significant outflows, selling shares worth $3.65 billion over the past three sessions, marking a record high on Thursday.

Hyundai Motor Company seeks a $19 billion valuation for Hyundai Motor India’s biggest IPO, aimed at raising $3.3 billion by selling a 17.5% stake. The listing, expected on October 22 in Mumbai, anticipates significant interest from foreign and local investors, breaking previous records set by LIC.

Rate this item

(1 Vote)

Short covering occurs when traders buy back shares they previously sold short, often prompted by new information or a shift in market sentiment.

Meanwhile, CASA deposits increased by 37.6% on a YoY basis to Rs 1,09,345 crore. The CASA ratio stood at 48.9% as of September 2024, as compared to 46.4% as of September 2023.

The Indian rupee remained nearly stable at 83.9725 against the U.S. dollar, ending a week of significant equity outflows and rising crude oil prices fueled by Middle East tensions.

Rate this item

(1 Vote)

Oil stocks gained 0.7% and are poised for their best week in nearly six months. The sub-index has climbed 4.1% so far this week and stood out as the sole sector to record gains.

Max Healthcare shares down 1.42% as Nifty falls

Updated at : 2024-10-04 15:35:02

Rate this item

(1 Vote)

The stock quoted a 52-week high price of Rs 1117.05 and low of Rs 538.95.

Avenue Supermart share price down 4.71 per cent

Updated at : 2024-10-04 15:35:02

Rate this item

(1 Vote)

A total of 31,443 shares changed hands on the counter till 02:08PM (IST).

​So, I think the demand for 2H is going to be relatively higher and we need to see how that will pan out as we go forward than just the result season. So, hence, the commentary from the result season is also equally going to be important than the absolute numbers.

Rate this item

(1 Vote)

Out of 78 small-cap stocks that met the criteria, we identified 12 with strong momentum, as their share prices have surged over 50% during FY25.

Warning! Information Posting in this website is only for educational purpose. We are not responsible for losses incurred in Trading based on this information.