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ETMarkets analyzed small-cap stocks and found that since last year’s Dussehra, the majority of them have delivered over 25% returns, with 167 stocks becoming multibaggers

On Friday, gold prices rose to approximately ₹75,800, driven by data that increased expectations for a Federal Reserve interest rate cut next month. Market participants were also keenly awaiting the U.S.

The stock quoted a 52-week high price of Rs 4801.4 and a 52-week low of Rs 3060.0.

EUROPE-STOCKS/ (URGENT)European stocks dip as China caution sets in, French markets lag

Tata Elxsi reported a 14% growth in consolidated net profit, reaching Rs 229 crore for the second quarter, compared to Rs 200 crore in the same quarter last year. Revenue from operations also increased by 8% year-on-year to Rs 955 crore, up from Rs 882 crore. On a sequential basis, profit rose by 27%, while revenues increased by 3% quarter-on-quarter.

The so-called anchor book for the IPO, which is set to be the biggest ever in India, has been fully allocated, with half going to domestic institutions and the other half to international investors, the people said.

As of 30-Sep-2024, promoters held 70.08 per cent stake in the company, while FIIs held 8.41 per cent and domestic institutional investors had 2.87 per cent.

The rupee dropped to 83.9900 to the dollar, inching past the previous lifetime low of 83.9850 hit on Sept. 12 and down from 83.9675 in the previous session.

To get the consumer going again, you do not just need a string of monetary policy actions and therefore I am going to remain very sceptical about this rebound in equities until some more significant actions are taken on the fiscal side.

So, a lot of HFCs like PNB Housing Finance, LIC Housing Finance, they are trading at a very cheap valuation. So, again, there can be a significant upside in those stocks.