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Buying action surged across nearly all real estate stocks, with the Nifty Realty index climbing approximately 1.5%, driven by gains in DLF, Macrotech, Oberoi Realty, Prestige, and Godrej Properties.

Gold October futures at MCX opened flat at Rs 68,752 per 10 grams, down 0.31%, while silver was trading at Rs 79,433/kg, down 0.24%. Gold fell due to a rebound in the dollar index. Silver recovered due to positive German factory orders data and bargain buying.

Seth R Freeman of B. Riley Advisory Services observed a notable increase in bankruptcies and how refinancing challenges impact businesses. He discussed the influence of higher interest rates and market dynamics, particularly on mid-sized enterprises and tech stocks. Freeman emphasized the volatile economic landscape and the need for careful navigation of the current financial climate.

Indian equity markets saw high volatility, causing a Rs 1.57 lakh crore fall in market capitalisation. InCred Equities recommended cutting investments in six stocks: Clean Science and Technology, Exide Industries, IndiGo, PG Electroplast, SBI Cards, and Tata Steel, citing competition and operational hurdles. The brokerage firm provided specific target prices and reasons for each recommendation.

As of 30-Jun-2024, promoters held 0.0 per cent stake in the company, while FIIs held 18.32 per cent and domestic institutional investors had 22.75 per cent.

In India, several commodity exchanges cater to different niches, including the Multi Commodity Exchange of India (MCX), National Commodity and Derivatives Exchange (NCDEX), National Multi Commodity Exchange (NMCE), and Indian Commodity Exchange (ICEX).

Long buildup happens with rising open interest, trading volumes, and stock prices in the F&O segment, signaling a bullish trend. On Wednesday, five stocks saw fresh long positions.

​A base case scenario for 12% to 14% earnings growth on a CAGR basis over the next two years is something that the market is pencilling in and therefore, the premium valuations for India. So, I think India does stand out in terms of how we are positioning vis-à-vis the globe.

Fortis Healthcare posted a 40% increase in its consolidated profit after tax, reaching Rs 174 crore for the quarter ending June 30, 2024. The rise was driven by a strong hospital business. Revenue grew to Rs 1,859 crore, and the company is set to add nearly 700 beds this fiscal year while exploring more growth avenues.

The stock quoted a 52-week high price of Rs 506.85 and a 52-week low of Rs 207.85.