Stock Market LIVE Updates: Indian benchmark equity indices Sensex and Nifty 50 gained to hit fresh all-time high on Monday, as investors awaited the Fed's policy meeting scheduled for Wednesday.
Bajaj Housing Finance IPO listing: Shares beat GMP at listing with 114 per cent premium. The m-cap of the company surpassed Rs 1-trillion mark within minutes of the mega listing
The uptick in the share prices of these companies came on the back of securing a letter of intent (LoI) form Maharashtra state DISCOM for supply of 6,600 MW hybrid solar and thermal power.
The BSE Sensex, NSE Nifty can gain another 2% from present levels; while the Nifty IT index could see a sharp 6% rally; suggests technical charts.
Shares of Shilpa Medicare hit a new high of Rs 922, gaining 4% in Monday's intra-day trade after Antique Stock Broking initiate coverage on the stock with a BUY rating and a target price of Rs 1,300.
The probability of a 50-basis-point cut has more than quadrupled to 59% from just 14% last week, with a total of 119 bps in cuts now expected in 2024