I think investor communication on that front would be helpful in cooling off speculation. And I think the stock has now stabilised. But the last three days have been very volatile. So, clarity on that front will be helpful.

​There was some kind of expectation, which was building up in the markets, from what I gather, that there could be a possibility of an announcement of a cut in the borrowing in H2, lower than 6.6 lakh crore and that was a reason for a rally going ahead.

Vikas Pershad and Deepika Mundra from M&G Investments outline their investment strategies, focusing on sectors such as auto ancillaries, EMS companies, and defence. They emphasize the need for profitability in investments and caution against overvalued IPOs. Long-term growth is anticipated in industrials and healthcare sectors. They also indicate sectors where Continue Reading

Sugar stocks surged up to 8% following Food Minister Pralhad Joshi’s announcement that the government is considering increasing ethanol prices and raising the minimum selling price of sugar. The rally was led by Balrampur Chini, which rose 8%. The minister also mentioned that a decision on sugar exports would depend Continue Reading

Without admitting or denying the SEC’s findings, GQG agreed to be censured, to cease and desist from violating the whistleblower protection rule, and to pay a $500,000 civil penalty, it said in a release.

Nuvama Wealth Share Price: Shares of Nuvama Wealth increased by 182% in the last one year while in the current year so far, the stock has gained 90%. According to the BSE analytics, the shares have gained 45% and 39.5% in the last 6 and 3 months respectively.

HDFC Bank shares, after hitting an all-time high in July 2023 and then declining post-merger, are now nearing a breakout. The stock has shown strong positive momentum, but traders should watch for potential pullbacks. Experts suggest key support levels and potential targets for strategic trading.

Vedanta Share Price: The company has set October 16 as the record date for the interim dividend. The Anil Agarwal-led company had previously announced interim dividends of Rs 20, Rs 4, and Rs 11.

Railtel Share Price: In the last two years, the shares of Railtel have gone up by 345.70% and in the last three years, it went up by 268.33%.

Authum Investment & Infrastructure and Mahi Madhusudan Kela will acquire a 46.85% stake in Prataap Snacks for Rs 846.60 crore. The deal includes an open offer to acquire an additional 26% stake from the market. Prataap Snacks, known for its Yellow Diamond brand, will remain listed post-acquisition.