Tue, Feb 6, 2024 12:55 PM
Mid-day Mood | Nifty, Sensex rise to day's high amid gains in IT stocks
A Flip by Avya Verma
Praveena Rai has taken over as Chief Executive Officer and Managing Director of the Multi Commodity Exchange (MCX), effective October 31, succeeding P.S. Reddy, with over 20 years of experience in the banking sector, including as CEO of National Payments Corporation of India and roles at HSBC and Kotak Mahindra Bank.
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While festivals are traditionally seen as auspicious times for investment, the current market mood might seem anything but optimistic. Despite current market challenges, investors can find potential in stocks like 📌Bajaj Finserv, 📌IDFC First Bank, and 📌Tata Motors. Analysing their fundamentals and technical indicators reveals opportunities for significant returns in a recovering market.
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Eicher Motors reported its October auto sales on Friday, November 1. The total sales of Royal Enfield increased by 31% to 1.1 lakh units from the previous year's 84,435 units. A CNBC-TV18 poll, which pegged the total Royal Enfield sales at 84,435 units. Of these, models with 350 cc engine capacity witnessed a 64% increase in sales at 13,737 units, compared to last year's 8,360 units.
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