The question is whether the Fed worries over inflation are too overstated at this point of time
BFSI and telecom were the preferred sectors as FPIs were back with a bang investing in Indian equities in June 2024
The second half of FY24 saw Indian banks sustain growth, although loan growth was hit by regulatory restrictions
As the market opens on July 5, investors will closely monitor global cues and the impact of pre-quarterly business updates on individual stocks.
After being fully subscribed on the first day of bidding, the offer saw additional interest from NII and retail investors.
The IPO is priced between Rs 960 and Rs 1008 a share, with buyers able to bid for 14 shares per lot.
Here are some of the stocks that may see significant price movement today: HDFC Bank, Go Digita General Insurance, IDBI Bank, etc.
The Sensex ended up 62.87 points or 0.08% at 80,049.67, while the Nifty rose 15.70 points or 0.06% to 24,302.20.
Bajaj Finance's AUM rose to ₹3.5 lakh Crore in Q1FY25 from ₹2.7 lakh Crore a year earlier.
UltraTech recently acquired a 23% stake in India Cements, indicating its aggressive expansion plans.
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