Avenue Supermarts shares fall 9% post downgrades, de-rating warning

JPMorgan wrote in its note that the company’s second-quarter performance fell short of expectations, with revenue growth slowing due to weaker like-for-like (LFL) sales.

JPMorgan wrote in its note that the company’s second-quarter performance fell short of expectations, with revenue growth slowing due to weaker like-for-like (LFL) sales.

Both domestic mutual funds and foreign portfolio investors have marginally trimmed their stake in Bharat Electronics during the September quarter.

On Monday, market tech analyst Mitessh Thakkar and F&O analyst Chandan Taparia recommended these stocks for the short term.

Tarun Garg, COO and Whole-time Director of Hyundai Motor India discussed Hyundai’s strong ecosystem in India, which includes a robust dealer network, close connections with customers, high levels of localisation, and a significant focus on exports.

Bajaj Housing Finance made its stock market debut on September 16 at an IPO price of ₹70 per share. After a 135% listing-day pop, the stock made a post-listing high of ₹188 but has declined from those levels since then.

Marketbuzz Podcast: Indian markets may see a subdued start according to the GIFT Nifty. Watch out for stocks like Reliance Industries, HCLTech, Wipro and Metal stocks.

Local governments will be allowed to use special bonds to buy unsold homes, Lan and his deputies said at the Saturday briefing, without giving an amount.

L&T Share Price | With its vast array of capabilities, large order book, strong balance sheet, and cash flows, JPMorgan said L&T is well-suited to benefit from capex tailwinds in India and the Middle East.

Sensex Today | Stock Market LIVE Updates: Indian benchmark indices Nifty 50 and Sensex ended the previous trade session in the red. Nifty 50 closed at 24,964.25, while Sensex ended at 81,381.36.

The Australian and New Zealand dollars slipped against the greenback in early trading on Monday, while China’s yuan also weakened. US stock futures edged lower, while the MSCI Asia-Pacific share index eked out a gain.