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Avenue Supermart rises 1.49% as Sensex climbs

Updated at : 2024-09-24 14:35:02

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The stock traded at a P/E multiple of 132.41, while the price-to-book value ratio stood at 15.76.

In the last fiscal year, proprietary traders and FIIs using algorithms made substantial profits (₹32,000 crore and ₹26,900 crore, respectively). A majority of FIIs and proprietary traders utilised algorithms, while only 13% of individual traders did so.

​"In the last 24 hours, Bitcoin traded sideways following its recent upward movement, while most other tokens continued to rise. AI tokens like TAO and NEAR outperformed the market. For Bitcoin, holding above the $61,750 level is crucial for maintaining its current position," noted the CoinDCX Research Team.

​Mitsubishi UFJ Trust and Banking, Mitsubishi UFJ Asset Management (formerly Mitsubishi UFJ Kokusai Asset Management), First Sentier Investors (Australia) IM, First Sentier Investors (Australia) RE, First Sentier Investors (Hong Kong), First Sentier Investors (Singapore), First Sentier Investors (UK) IM and First Sentier Investors International IM are the companies that held shares in Tech Mahindra as of September 19.

​Powergrid Share Price: The BOOT (Build-Own-Operate-Transfer) project method usually involves a private entity financing, building, and operating a project for a set period before transferring ownership back to the government or client. During the operational phase, the private entity generates revenue to recover its investment and profits, after which the project is handed over.

Maneesh Dangi, Founder of Macro Mosaic, discusses different investment strategies and the market outlook. He emphasizes caution in equities, bullishness on bonds, and neutrality on gold. Dangi highlights the importance of balance sheets for bond investors and predicts potential rate cuts in India and the US due to economic slowdowns.

Banks are expected to raise up to Rs 1.3 lakh crore from bond issuances in FY25 due to slower deposit growth and higher credit demand, according to a report by Icra. Public sector banks will dominate the market, driven by an appetite for infrastructure bonds amidst tight liquidity conditions.

SEBI is investigating six domestic investment banks for charging high fees on IPOs by small businesses. The fees, as high as 15%, are much higher than the standard 1-3%. SEBI is also looking to curb coordinated activities between banks and investors to ensure fair practices in the booming IPO market.

ACC shares fall 0.79% as Nifty drops

Updated at : 2024-09-24 13:30:03

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The stock quoted a 52-week high price of Rs 2843.0 and a 52-week low of Rs 1803.8.

​So, it is a possibility that is rather low at this point of time, but it cannot be completely ignored. If we are in a mini-Goldilocks where the US growth declines, but does not enter a recession, then we are very well off as far as emerging markets are concerned for all the reasons that you just highlighted.

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