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During the session, Saketh stressed that although many traders concentrate on perfecting strategies, it’s psychological resilience and discipline that distinguish successful traders from those who struggle. He noted that 93% of traders fail to last more than two years in the market, often due to emotional decision-making rather than flawed strategies.

For seven days in September, the RBI injected funds into the banking system, signaling deficit liquidity conditions caused by the combined impact of quarterly advance tax payments and monthly GST payments, which drained funds from the system.

Morgan Stanley bought 3.42 lakh shares for a total of Rs 229 crore, while Goldman Sachs acquired 3.24 lakh shares at a cost of Rs 218 crore. Additionally, Smallcap World Fund Inc purchased 11.75 lakh shares valued at Rs 788 crore.

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The cryptocurrency rose by up to 1.2% on Friday, trading at $65,334 as of 1:12 p.m. in Singapore. It has gained 56% in 2024, boosted by inflows into US Bitcoin exchange-traded funds, though it remains below the record high of $73,798 set in March.

The government has reduced its gold bond issuance target for this fiscal year by 38% from the interim budget level to Rs 18,500 crore, according to an ET report on July 26. The redemption of previously issued bonds is estimated at Rs 3,500 crore for this fiscal year.

The offer proceeds are intended primarily for the acquisition of the Prestige Tech Platina asset by the Platina SPVs, with the remaining funds allocated for general corporate purposes.

A 52-week high is notable as it represents the highest price a stock has reached in the past 12 months, offering valuable insights for traders and investors.

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Long unwinding involves selling stocks or positions held for a long period, either to secure profits or to exit in anticipation of an upcoming bearish market.

LIC has lowered its stake in Mahanagar Gas from 9.03% to 6.94% through open market transactions. LIC sold shares at Rs 1,521.31 each, totaling approximately Rs 314 crore.

PNB raises Rs 5,000 crore via QIP route

Updated at : 2024-09-27 20:20:02

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The QIP issue opened on September 23, 2024, and closed on September 26, with Morgan Stanley and Goldman Sachs among the buyers.

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