Auto and PSU stocks still lead the rally, but the real swing is coming from pharma, IT, and FMCG stocks
The Fed policy has raised the optimism about aggressive rate cuts by the Fed in the coming months
The favourites of the last few weeks like IT, autos and FMCG came under pressure during the current week
FPIs net sold $281 Million in the week to August 02nd, as the lag effect of the Budget continued
In the June quarter, its EBITDA margin was 48.6 percent, up from 45.98 percent in the same period last year.
The Ola Electric IPO consists of 723,684,210 equity shares worth about ₹5,500 crore and an offer for sale of shares worth ₹645.56 crore.
The non-institutional investor part was subscribed 1.68 times, compared to 1.62 times subscription of the retail investor quota.
Over 69.92 lakh ITRs were uploaded on a single day, July 31, 2024.
This penalty follows an onsite inspection by IRDAI in September 2020, which reviewed the company's operations for the financial years 2017-18, 2018-19, and 2019-20.
The market breadth was negative, with 1,426 shares advancing, 1,960 shares declining, and 83 shares remaining unchanged.
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