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With middle east tensions showing no signs of cooling off, investors, both local and global, appear to be concerned about the fallout of any escalation in the conflict, leading to a spike in crude oil prices and an 18% rise in the India VIX, also referred to as the Fear Index, WoW.

A total of 6,095 shares changed hands on the counter till 12:12PM (IST)

Sensex and Nifty opened higher, rebounding after losses, supported by strong US jobs data easing recession fears.

Stocks with TTM P/E Ratios below 10 may indicate undervaluation or low growth expectations, highlighting five such Nifty 200 stocks.

The Relative Strength Index of the stock stood at 66.95 on Monday.

NBCC Share Price: Shares of NBCC (India) surged 6.25% on BSE as the stock trades ex-bonus for the 1:2 bonus issue. The company fixed October 7 as the record date, making shareholders listed by today eligible for bonus shares. In the last year, NBCC stock has gained 186%.

Gold prices achieved significant gains this year, almost 20% domestically and 30% internationally. Key factors influencing these prices include central bank buying, global economic conditions, the dollar index, economic data, and geopolitical tensions. The use of the RSI indicator is recommended for trading Gold effectively. Gold continues to be a popular investment, especially during economic slowdowns and crises.

Promoters held 23.74 per cent stake in the company as of 30-Jun-2024, while FII and DII ownership stood at 56.98 per cent and 12.19 per cent, respectively.

Invesco, JPMorgan Asset Management, HSBC Global Private Banking and Wealth, and Nomura Holdings are among those viewing the recent rebound with skepticism and waiting for China to back up its stimulus pledges with real money.

Shares of Bajaj Housing Finance fell 5% in intraday trade due to HSBC’s ‘reduce’ rating and Rs 110 target price, citing earnings slowdown and valuation concerns. HSBC noted potential pressure on RoA and slower AUM growth for the stock. They suggest alternatives among other NBFC peers with higher ROE and stable growth outlook.