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Adani Ports shares fell 4% to ₹1,336.30 after reporting October cargo handling of 37.9 MMT, while year-to-date cargo volume rose 8%, driven by strong container and liquid growth.

Adani Power shares 1.28% as Sensex falls

Updated at : 2024-11-04 13:20:02

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The stock quoted a 52-week high of Rs 896.75 and a 52-week low of Rs 365.55.

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A total of 18,296 shares changed hands on the counter till 12:48PM (IST)

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The Relative Strength Index of the stock stood at 37.77 on Monday.

Nilesh Shah, MD of Kotak AMC, indicates that the high market returns observed in recent years are unlikely in the future. He emphasizes the need for better earnings growth and governance standards. Increased spending from the government and strong local investor support could influence market performance. Global events and foreign investment behaviors will continue to impact volatility.

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The Nifty Bank index was trading 1.06 per cent at 51127.40.

Share price of Shree Cements as Nifty

Updated at : 2024-11-04 12:20:02

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A total of 55 shares changed hands on the counter till 11:31AM (IST).

So, I think a lot of sectors could see a pickup because of the marriage season because last few months there were very few marriage dates and now there is going to be a huge plethora of those and the total economic impact of that is expected to be more near 8 to 10 lakh crores

Azad Engineering shares increased by over 14% after signing a major long-term contract with Mitsubishi Heavy Industries valued at Rs 700 crore. This move strengthens the partnership between the two companies. The shares have risen 135% in 2024 so far and debuted in December 2023 with a significant premium. Analysts have given a strong buy recommendation.

Afcons Infrastructure shares rose 8.4% to ₹461.7 after a weak debut, reflecting an 8% discount from its IPO price, amid cautious market sentiment and strong long-term growth potential.

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