News Overview

The week saw the CME Fedwatch raising its expectation to two rate cuts in the year 2024

It was a flat week for Nifty and Sensex as banks and autos rallied but IT and FMCG were subdued

FPIs were net sellers of $146 Million in equities this week, as rising VIX proved a dampener

IIHL will need to invest somewhat more than ₹11,500 Crore, at the present stock price, to acquire an extra 10% of IndusInd Bank.

Tata Technologies' board proposed a final dividend of ₹8.40 and a special dividend of ₹1.65 per equity share of ₹2 each for the fiscal year ending on March 31, 2024.

The Board has approved the extension of CK Venkataraman's tenure as the Managing Director of the company, from October 2024 to December 2025.

Comparing the fourth quarter of this financial year to the same quarter last year, basic EPS increased to ₹9.28 from ₹7.80.

The bank's standalone Return on Assets (ROA) for FY24 was 2.61%, while in Q4 it was 2.97%. The Return on Equity (ROE) for FY24 was 15.34%.

Despite the ban in the F&O segment, these stocks will still be available for trading in the cash market.

Check out the price of Petrol and Diesel in your city today.