PVR Inox, India’s leading multiplex operator, has seen its stock rise by 20% since early August, outperforming the S&P BSE Sensex. The surge follows a tough Q1 for FY25, driven by a strong lineup of blockbuster films and an improving Market sentiment. Q2 is expected to show a 20% revenue growth, with occupancy rates increasing ...
 "The stock market faces turmoil, yet bullish signals emerge for Hindalco, Siemens, and Tata Power, defying the crisis.")
The stock Market is showing interesting trends as of September 2024, with some stocks gaining momentum. Analysts recommend buying Hindalco at Rs 717, Siemens at Rs 7,095, and Tata Power at Rs 468, highlighting their upward potential. Hindalco has recently broken out of a consolidation phase, backed by strong volume and bullish indicators. Siemens displays ...
 "Foreign investors surge back into India’s stock market, driven by robust IPOs and optimism amid political shifts and global rate cuts.")
Foreign portfolio investors (FPIs) injected over Rs 87,000 crore (over $10 billion) into Indian equities this quarter, marking the highest inflow since June 2023. Key factors driving this investment include improved growth prospects, increased global index weight, and a robust IPO Market, with 50 companies raising Rs 53,453 crore by August 2024. Despite a sluggish ...
 "The stock market surged dramatically, with top firms gaining significantly, while TCS, Infosys, and LIC faced steep losses.")
Last week, the BSE benchmark soared by 1,653.37 points, marking a significant 1.99 percent increase. This surge pushed the index to an all-time high of 84,544.31 points, with an intra-day peak of 84,694.46 points. The combined Market value of six of the top ten firms rose by Rs 1,97,734.77 crore, led by ICICI Bank, which ...
 "SpiceJet sets a floor price to raise Rs 3,000 crore amid financial troubles and declining stock prices.")
SpiceJet, the budget airline, has announced a floor price of Rs 64.79 per share for selling securities to qualified institutional buyers. The airline aims to raise up to Rs 3,000 crore, following approval from its shareholders last week. According to their placement document submitted to the BSE, SpiceJet might offer a discount of up to ...
 "Swiss authorities freeze 1 million tied to an alleged Adani frontman, triggering a significant drop in the group’s stock values.")
Seven stocks from the Adani group experienced declines on Friday, following Swiss authorities freezing $311 million linked to a Taiwanese individual amid a money laundering investigation. The allegations suggest he may serve as a front for the Adani group, which the conglomerate has strongly denied. Key stocks like Adani Power and Adani Energy dropped by ...
 "Stock markets face uncertainty as investors react to global trends and await crucial economic data, with oil prices hovering low.")
On Wednesday, September 11, 2024, India’s stock Market is set to open cautiously, following global trends. The Sensex and Nifty indices are expected to show mixed results, with GIFT Nifty futures down 5 points at 25,092. Investors are closely watching oil prices, which are nearing three-year lows, and the recent OPEC cuts in crude demand ...
 "Raymond Lifestyle Set to Launch Stock Listing and Expand Retail Footprint")
Raymond Lifestyle Ltd is set to be listed on the stock exchanges on September 5, following the demerger of its retail and lifestyle businesses. The company plans to open 900 new stores over the next three years and aims for a 15% compound annual growth rate (CAGR) to secure a 7% Market share in the ...
 "Car Sales Plummet as Dealer Stock Soars Amidst Dwindling Demand Crisis")
In August 2024, domestic passenger vehicle sales in India fell by 2-3% year-on-year, totaling about 355,000 units. This decline is attributed to sluggish demand and high unsold inventory, with dealers holding around 730,000 cars, enough to last over two months. Maruti Suzuki, the leading carmaker, cut its dealer dispatches by around 13,000 units, leading to ...
Stocks are holding steady as the Dow Jones Industrial Average teeters on the brink of reaching the 40,000 milestone. Investors are cautiously optimistic as they navigate Market volatility and economic uncertainty. Stay tuned for the latest updates on the stock Market as it continues to tread water in today’s trading session. Click to Claim Latest ...
