• By Goodwill
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  • October 14, 2024

MARKET OVERVIEW :

Nifty 50 above 24,950, Noel Tata appointed Chairman of Tata Trusts:

ICICI Bank, TCS, HDFC Bank Lead Losses

Indian benchmark indices Nifty 50 and Sensex opened today’s trade session in the red. Nifty 50 opened at 24,985.30, while Sensex opened at 81,478.49.

Nifty 50 opened today’s trade session 1,292.05 points below from its recent record high of 26,277.35.

Overnight, Wall Street indices ended below the flatline, following a hotter-than-expected inflation print and a slowdown in the labour market amplified the debate on what the US Fed could do next. Asian markets climbed in early trade today.

TCS, IREDA, Anand Rathi Wealth, Den Networks, Tata Elxsi, will react to the quarterly earnings today. Tata Elxsi, Mazagon Dock Shipbuilders, Oberoi Realt, Krsnaa Diagnostics, Bandhan Bank, Uno Minda are among the other stocks in focus today.: Noel Tata Appointed Chairman Of Tata Trusts: Exclusive

A day after the last rites of India Inc titan and former Tata Sons Chairman Emeritus Ratan Tata, his half-brother Noel Tāta has been appointed as the Chairman of Tāta Trusts.

ICICI Bank, TCS, HDFC Bank Lead Losses

ICICI Bank is contributing 23.6 points to the decline

TCS is contributing 17.2 points to downside

HDFC Bank is contributing 15.1 to downside

Aurionpro Solutions Shares Gain On Launch Of Transaction Banking Platform In Saudi Arabia

Shares of Aurionpro Solutions Ltd surged over 4% to hit an intraday high of ₹1,763.8 apiece on the BSE after the company said it is alunching its transaction banking platform in Saudi Arabia.

Nifty Metal Index, Stocks Outperform In A Weak Market As China Stimulus Hopes Rise Again

The Nifty Metal Index is the top sectoral gainer in a weak market in Friday’s trading session. 11 out of the 15 index constituents are currently trading with gains.

Stocks like NALCO and NMDC are the top gainers on the Metal index, trading with gains of 3% each. Other names like SAIL, JSPL and Hindalco too are trading with gains between 2% and 3%.

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