‘Prepare for 24,000 on the Nifty if this key level breaks,’ this chartist warns

The Nifty fell over 4.5% last week in what turned out to be the worst week of the year and the worst in nearly two years.

The Nifty fell over 4.5% last week in what turned out to be the worst week of the year and the worst in nearly two years.

In the month under review, Tata Motors’ JLR sales in the UK rose to multi-month high of 10,807 units compared to 8,125 units in September 2023.

Delivery volumes for Tata Steel India rose to 5.10 million tons in the quarter under review, up from 4.82 million tons a year ago, marking a 5% year-on-year increase.

A potential Federal Reserve rate cut could boost the mortgage market for US BFS, which has also been under pressure. This improvement could lead to increased discretionary tech spending over the next 12-18 months.

Ola Electric has been losing market share to legacy auto players like Bajaj Auto and TVS Motor as they ramp-up their push within the EV space.

HDFC Bank’s year-on-year loan growth slowed to 8% from 11% in the previous quarter, but the liquidity coverage ratio improved to 127% from 123%.

After the worst week of 2024, the Nifty 50 is likely to witness a gap-up start with stocks like Titan, IndusInd Bank, Federal Bank, Macrotech Developers, Godrej Properties, and Adani Wilmar among others in focus. Tune in to the Marketbuzz…

Every fourth towel and every seventh bedsheet sold in the US is produced by Welspun Living. India’s B2B market too is growing at 15% annually and the company’s B2C business is poised to grow at over 20%.

In the Middle East, Kalyan Jewellers witnessed a revenue growth of approximately 24%, compared to the same period in the previous financial year.

From Donald Trump bringing up his protectionist rhetoric to Ola Electric being in the middle of a social media storm, know all of that on CNBC-TV18’s morning call.