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Ambuja Cements with a target price of Rs 801. The current market price of Ambuja Cements Ltd. is Rs 626.7. Ambuja Cements Ltd., incorporated in the year 1981, is a Large Cap company (having a market cap of Rs 153452.59 Crore) operating in Cement sector.

share allotment of Tolin Tyres IPO is likely to be finalised today. Investors will get shares on a lottery basis and the whole process was supervised by the registrar. On the allotment date, investors get to know about the number of shares allotted to them as against the bids made. They can check the allotment status through the BSE or by visiting the registrar's website. Here's how you can check the status on BSE or even on the registrar's website.

Kross IPO is likely to be finalised today. Investors will get shares on a lottery basis and the whole process was supervised by the registrar. On the allotment date, investors get to know about the number of shares allotted to them as against the bids made. They can check the allotment status through the BSE or by visiting the registrar's website. Here's how you can check the status on BSE or even on the registrar's website.

GRSE) and 74 other companies are likely to remain in focus today as they have set September 13 as the record date to determine shareholders eligible for dividend payments. This means today is the last day to buy shares of these companies to qualify for the announced dividends.

equity indices ended lower on Wednesday as investors booked profits across sectors, ahead of key U.S. inflation data that could influence the size of a likely reduction in Federal Reserve interest rates next week. The Nifty 50 index fell 0.49% to 24,918, while the S&P BSE Sensex lost 0.49% to 81,523.

Avenix Fzco, a financial technology company based in Dubai, has developed a new forex robot called Avexbot. This expert advisor (EA) is designed for use on the MetaTrader 4 (MT4) platform, focusing on the GBPUSD currency pair with a 15-minute timeframe. Avexbot utilizes candlestick analysis on daily charts to identify market trends and determine optimal entry points for buy or sell positions.

Former Treasury Secretary Steven Mnuchin reacts to the former presidents address to the Economic Club of New York on Kudlow.

Bond yields, which ended at 6.82% were down by three basis points, since its previous close at 6.85%, Clearing Corporation of India data showed.

IPO dates: September 13-18, 2024 IPO price: Rs 163-172 IPO size: Upto Rs 493 crore

Benchmark NSE Nifty closed 122.65 points down at 24918.45 amid selling in frontline bluechip counters.

Read this | Indian investors are discovering the power of factor investing Though it feels new, factor investing has been around for a long time. What’s changed is the rise of financial products, like factor-based indices and mutual funds, that explicitly follow specific factors. Historically, fund managers would optimize for different factors at various points in the market cycle.

bank borrowings to non-bank financing companies for nearly six years, the trend has now reversed. Latest RBI data for the period of July 2024 shows that the growth of outstanding credit exposure of banks to non-banking financing companies grew nearly half of the growth recorded in July 2023. According to RBI data, the bank's outstanding credit exposure to non-banks stood at Rs 15.3 lakh crore as of July 2024, indicating an 12.7% on year growth that is approximately half of the growth rate reported in July 2023. On a sequential basis, the amount fell by 1.7%. «The credit extended by banks to NBFCs which had earlier exhibited a consistent upward trend for close to six years and continued its acceleration along with the phased reopening of economies after the Covid-19 pandemic has now reversed,» said Sanjay Agarwal, Senior Director – BFSI Ratings, CARE Ratings. «Advances to NBFCs have experienced a slowdown in growth at 0.5% in July 2024 from December 2023. The reported growth rate of advances to NBFCs has been below the overall bank credit growth since December 2023. This can be attributed to regulatory actions (risk weights), base effect, and capital market borrowings.»

Indian Hotels Company Ltd. traded 0.78 per cent down at Rs 689.45 at 01:07PM (IST) on Wednesday, even as BSE benchmark Sensex gained 46.83 points to 81968.12. The stock had settled at Rs 694.9 in the previous session. The stock quoted a 52-week high price of Rs 696.75 and 52-week low of Rs 371.45, respectively. As per BSE data, total traded volume on the counter till 01:07PM (IST) stood at 46589 shares with a turnover of Rs 3.22 crore.

GAIL (India) Ltd. fell 1.15 per cent to Rs 217.35 in Wednesday's session as of 01:03PM (IST) even as the equity benchmark Sensex traded 44.11 points higher at 81965.4. Earlier in the day, the stock witnessed a gap up start to the session. The stock quoted a 52-week high price of Rs 246.35 and a 52-week low of Rs 116.2 on NSE. Around 144083 shares changed hands on the counter till 01:03PM (IST).

Marico Ltd. gained 0.96 per cent to Rs 686.4 in Wednesday's trade. It hit a high of Rs 689.0 and low of Rs 675.05 during the session. On the technical charts, the 200-DMA of the stock stood at Rs 573.62, while the 50-DMA was at Rs 658.48. If a stock trades above 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered a bearish trend and if trades between these averages, then it suggests the stock can go either way.

Au Small Finance Bank Ltd.(up 0.5 per cent), Kotak Mahindra Bank Ltd.(up 0.43 per cent), State Bank of India(up 0.27 per cent), Bank of Baroda(up 0.17 per cent) and Axis Bank Ltd.(up 0.16 per cent) were among the top gainers.

South China Morning Post, the Hong Kong daily, reported that the Malaysian Retailers Association has publicly called on Kuala Lumpur to significantly raise duties on imported goods costing $115 or less from the 10% levy imposed in January. The retailer’s association estimates it is losing 30% of its business to e-commerce portals selling goods shipped in from China. “Because we have not tightened up any rules or regulations, Malaysia has become a dumping ground for excess capacity from China," Ameer Ali Mydin of the Malaysian Retailers Association told the newspaper.

Ambuja Cements Ltd. traded at Rs 628.5 on BSE at 11:26AM (IST) on Wednesday, up 0.24 per cent. The stock quoted a 52-week low price of Rs 404.0 and a high of Rs 706.85. Earlier in the day, the stock saw a gap up opening.

Options traders are getting less skeptical about Indian banks after months of underperformance. The cost of hedging against volatility in the NSE Nifty Bank Index is near its lowest level since January relative to the broader NSE Nifty 50 Index, indicating less demand for protection.

Crompton Greaves Consumer Electricals Ltd. dropped 0.1 per cent to Rs 466.3 at 12:07PM (IST) in Wednesday's trade. The stock has hit a high of Rs 469.2 and low of Rs 464.3 so far during the session. The stock had closed at Rs 466.8 in the previous session. The counter has had a total traded volume of 12848 shares so far with a value of Rs 0.6 crore on the NSE. It traded at a price-to-earnings multiple of 63.29 and a price-to-book ratio of 5.73.