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​And given that kind of a situation that we are talking about, maybe many of the companies which are basically using the derivatives of the crude oil, they are going to be the beneficiary and particularly those are the ones which are likely to be in the chemical and speciality chemical segments in particular.

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PNB Housing Finance experienced a 13.1% equity change in a block deal with Carlyle reportedly selling at Rs 755 per share. The stock dropped 1.5% on BSE after the transaction. ICICI Securities continued to recommend buying the stock, noting its growing retail mortgage business and strong quarterly financial performance.

GAIL stock price up 0.92 per cent as Sensex climbs

Updated at : 2024-07-30 11:20:01

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As of 30-Jun-2024, promoters held 51.52 per cent stake in the company, while FIIs held 15.08 per cent and domestic institutional investors had 9.26 per cent.

Vedanta among 7 stocks showing RSI trending up

Updated at : 2024-07-30 11:20:01

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​On July 29, eight large-cap stocks were flagged in the RSI Trending Up scan on StockEdge.com. This signal indicates an uptrend if the RSI value has risen above 50.

Tata Power rises 1.13% as Sensex climbs

Updated at : 2024-07-30 11:20:01

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The stock traded at a P/E multiple of 38.64, while the price-to-book value ratio stood at 3.89.

​We are actually looking at results and saying, okay, some early part of the results were a little disappointing, especially in banking, but we are seeing good results coming from the manufacturing companies so far.

The reduction in income tax for the middle class and wide-ranging measures to improve employment aim to bolster private consumption. The commitment to fiscal discipline is a strategic move to keep inflation in check.

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