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Varun Beverages has gained the most, almost 12 percent, followed by Godrej Consumer, up 10.2 percent, Tata Consumer, up 8.7 percent and United Spirits, up 2.8 percent. However, Emami is the top loser in the index, down over 18 percent, followed by ITC, down 11.8 percent. Meanwhile, HUL, P&G Hygiene, Britannia, and United Breweries also lost between 6 and 9.5 percent.

(Reuters) — Japanese stocks experienced a slight outflow of foreign capital last week, following a series of robust purchases in previous weeks.

Bharat Forge Ltd. slipped 0.08 per cent to Rs 1151.2 in Thursday's trade as of 11:36AM (IST). It hit a high of Rs 1157.3 and low of Rs 1137.55 during the session. The stock quoted a 52-week high price of Rs 1330.0 and a low of Rs 744.0. The return on equity for the stock stood at 7.87 per cent. About 6,250 shares have changed hands on the counter so far.

Indian Hotels Company Ltd. gained 1.01 per cent to Rs 576.25 in Thursday's trade as of 10:10AM (IST). The stock hit a high price of Rs 577.75 and low of Rs 564.3 during the session. The return on equity (ROE) for the stock stood at 12.56 per cent. Traded volume on the counter stood at 10:10AM shares and turnover at Rs 0.77 crore around that time. The stock of Indian Hotels Company Ltd. quoted a 52-week high price of Rs 602.75 and 52-week low prices of Rs 302.3, respectively.

Investing.com-- Alibaba Group's (NYSE:BABA) Hong Kong shares fell on Thursday after the firm’s cloud unit slashed prices across most of its products, citing plans to increase access to artificial intelligence development in China. 

Anand Tandon, Independent Analyst, says “in India, housing still remains something which is fairly attractive. To a large extent, it is a function of how much funding is available and while housing finance companies are an easier way to play realty in a more sustainable way, you could have bought some of the real estate companies. The way to play the sector is to buy housing finance companies and that still remains a good trade.” The Association of Mutual Funds in India has come out with a circular to the trustees of the mutual funds to protect interest of investors of smallcap and midcap schemes, indirectly cautioning them a bit with respect to the kind of froth that we are seeing in the smallcap, midcap space. Would you concur with the view that smallcaps are getting a lot more headier? Anand Tandon: Smallcaps have been valued higher than midcaps and largecaps for quite a while now.

investors for the IPO, Owais Metal and Mineral Processing is likely to finalise the share allotment process today. Investors can check the status of Owais Metal and Mineral Processing IPO allotment by logging in to the official website of the registrar, which is Bigshare Services in this case. Follow the step by step process mentioned below to check the status of allotment.

Indian stock market today: A total of 2 stocks have been banned for trade on Thursday, February 29, 2024, under the futures and options (F&O) segment by the National Stock Exchange (NSE). The securities have been put on ban under the F&O segment as it crossed 95 per cent of the market-wide position limit (MWPL), according to the NSE. However, the stocks will be available for trading in the cash market.

In a year marked by resilient economic growth and a notable uptick in consumer confidence, the U.S. saw substantial positive shifts in retirement savings plans. That’s according to the latest retirement data from Fidelity, which showed more than a third (37 percent) of American workers took proactive steps towards their financial future by increasing their retirement savings contribution rates in 2023.

As Bitcoin approaches a monumental milestone, speculation around its price trajectory intensifies, with many wondering if reaching $100,000 in March is within the realm of possibility. The recent surge to $59,674.50 is a testament to the cryptocurrency’s bullish momentum, boasting a notable 4.54% increase within just 24 hours.

Nifty could find strength only above its biggest hurdles of its all-time high at the 22,298 mark, while support is likely at 21,857 and 21,566 levels.

₹165 levels. Zee Entertainment Enterprises latest efforts to tackle the market turmoil through formation of independent advisory committee and thereafter changing the nomenclature to “An independent investigation committee" seem to have not helped lift investor confidence.

Nifty gave up its hold over the 22,000 level while Sensex fell around 800 points or 1% to the day's low at 72,300 on Wednesday. The sell-off was deeper in the broader market where midcaps, smallcaps and microcap indices fell around 2% each. In the process, Dalal Street investors were left poorer by about Rs 6 lakh crore as the market capitalisation of all BSE-listed stocks fell to Rs 386 lakh crore. Nifty has been consolidating in a sideways move but consistent closure above 22,000 for eight consecutive sessions had suggested a prevailing positive trend. Technical analysts believe that if the breakout below 22,000 sustains, it could trigger a directional move on the downside.

Adani Power Ltd. slipped 2.13 per cent to Rs 554.55 in Wednesday's trade as of 01:44PM (IST). The stock hit a high price of Rs 570.0 and low of Rs 550.0 during the session. The return on equity (ROE) for the stock stood at 65.35 per cent. Traded volume on the counter stood at 01:44PM shares and turnover at Rs 2.95 crore around that time. The stock of Adani Power Ltd. quoted a 52-week high price of Rs 589.3 and 52-week low prices of Rs 132.55, respectively.

Also Read: Stocks to buy: Maruti Suzuki, M&M, TVS Motor among top picks in auto sector by HDFC Securities Similar trend is being witnessed in the domestic demand scenario for electric passenger vehicles (PV). Recently, Tata Motors has reduced its FY24 EV sales estimate by 20% to 75,000 - 80,000 units and also cut prices by upto ₹1.25 lakh per vehicle to drive wider adoption.

systematic investment plans (SIPs) of mutual funds have jumped to ₹18,838 crore in Jan 2024, reflecting a jump of 36 percent in just one year’s time. A year prior to this, the corresponding figure for SIP inflow stood at ₹11,517 crore and two years before, inflows into SIPs stood at ₹8,023 crore. Consequently, total SIP assets under management (AUM) have touched ₹10.26 lakh crore, 43 percent in just nine months when it stood at ₹7.17 lakh crore, shows the AMFI data.

READ HERE: India's GDP growth to moderate in Q3 & Q4; Capex to remain tepid: ICRA's Aditi Nayar The brokerage further informed that its estimates are corroborated with the in-house developed SBI-ANN (Artificial Neural Network) model, with 30 high-frequency indicators. ANN has been trained for the quarterly GDP data from 2011Q4 to 2020Q4 and the in-sample forecast performance of the model in the training period has been precise.

bond investments. He played a pivotal role in the establishment of Pacific Investment Management Company (PIMCO), a leading global investment firm with a focus on fixed-income investments. Given the moniker “Bond King", Gross earned acclaim for his proficiency and effective oversight of bond funds, notably the Total Return Fund, which, during his tenure, held the distinction of being the world’s largest bond fund.

Juniper Hotels share price that saw almost a flat debut on the bourses on Wednesday, nevertheless gained 10% post listing. On NSE, Juniper Hotels share price was listed at ₹365 per share, 1.39% higher than the issue price of ₹360. On BSE, Juniper Hotels share price today opened at ₹361.20 apiece, up 0.33% than the issue price.

By Jihoon Lee

Siemens Ltd. traded 0.79 per cent up at Rs 4622.75 at around 10:41AM (IST) on Wednesday. The stock had closed at Rs 4586.3 in the previous session. Equity benchmark Sensex traded 8.65 points higher at 73103.87 around the same time.