Here are some stocks that may show significant price movement today.
SCM segmental profit faces a significant decline of 97 % YoY, dropping to Rs 2.23 crore in Q1FY24 from Rs 74.97 crore in the same period last year.
Spot gold was up 0.2% to $1,958.20 per ounce, while U.S. gold futures were down 0.1% at $1,959.90.
Investors with very high risk appetite and want to invest for 5 to 7 years in a mutual fund should invest in Kotak Nifty Financial Services Ex-Bank Index Fund.
With seasonal improvement expected in Alkem’s margins in Q2/Q3FY24 (aided by good monsoons) and Pen-G related margin improvement anticipated from FY25, analysts of IIFL Capital Services expect Alkem’s valuation discount vs peers to narrow.
Sharp sequential decline likely.
Healthy performance expected from the company.
"Rupee Gains 17 Paise, Closes at 81.81 Against US Dollar on Forex Inflows"
The local currency began trading at 81.71 a dollar, compared to the previous day's close of 81.82.
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