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A total of 1,465 shares changed hands on the counter till time (IST).

Shares of Sanofi Consumer Healthcare India made their market debut on Friday, listing on both the NSE and BSE. On its first day of trading, the stock hit a 5% upper circuit limit, reaching Rs 4,702.9. Sanofi Consumer Healthcare India is the demerged consumer healthcare division of Sanofi India. The demerger, approved by the board of Sanofi India on May 10, 2023, established the Consumer Healthcare business as a separate entity, Sanofi Consumer Healthcare

Sandip Sabharwal discusses the current high valuations in the market and advises keeping cash on hand for future opportunities. He notes that while the IT sector has seen significant gains, further growth may be limited. Real estate stocks have performed well but face challenges ahead. FII flows into India have turned positive recently.

The Nifty Index showed mixed results following recent Fed rate cut cycles, defying the theory that lower rates boost equity valuations. After the 2001 cuts, it fell 35% over a year. In 2007-08, it first rose 30% then plunged 60%. Post-2019 cuts, returns were flat, between 0% and 5%.

Promoters held 0.0 per cent stake in the company as of 30-Jun-2024, while FII and DII ownership stood at 20.61 per cent and 11.08 per cent, respectively.

The stock quoted a 52-week high price of Rs 1826.2 and a 52-week low of Rs 1002.7.

​There are multiple reasons why small caps face pressures. One is because they are more susceptible to economic cycles, access to capital tends to be more limited, breadth and depth of management tends to be limited, and finally, their ability to manage changes in regulations, changes in cycles is again limited.

Deccan Transcon Leasing IPO features a fresh equity issue of 55.24 lakh shares alongside an offer for sale (OFS) worth Rs 5.4 crore. Shares are priced between Rs 102 and Rs 108 each, with a minimum bid of 1,200 shares per lot.

A total of 915 shares changed hands on the counter till 12:02PM (IST)

Adani Group stocks fell by up to 2% in early trading on Friday following a new report from Hindenburg Research. The U.S. short-seller alleged that Swiss authorities have frozen over $310 million in funds across multiple Swiss bank accounts as part of an investigation into money laundering and securities forgery linked to the Adani Group.