Tue, Sep 17, 2024 9:01 AM
Stock market today: 10 stocks in F&O ban list on Sept 17🚫🚫
A Flip by Avya Verma
Fed finally delivers the much awaited rate cut. Fed cuts interest rates, but is it already priced in? S&P 500 and Dow Jones hit record highs before selling off, with Nifty and Sensex expected to start positively. IT and PSU stocks are in focus, along with Power Grid's new transmission project and NTPC's upcoming IPO.
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Two global brokerage firms — BofA Securities and Morgan Stanley — have initiated coverage on Brainbees Solutions, the company that runs FirstCry. BofA Securities has initiated coverage with a 'Buy' recommendation and a price target of ₹770 per share, which implies a potential upside of 20% from the stock's closing levels on Wednesday.
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📌Nazara Technologies announced its largest fundraise of Rs 900 crore to boost its growth trajectory. 📌Budget carrier SpiceJet, which opened its QIP, received a strong response from investors. 📌NTPC Green Energy on Wed filed draft papers for IPO worth up to Rs 10,000 crore. 📌Aavas Financiers said its board has approved the issuance of NCDs to raise Rs 630 crore.
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