Rajiv Jain of GQG is unimpressed by the Chinese stock market rally

Jain has grown Florida-based GQG Partners into a $156 billion investment powerhouse since 2016.

Jain has grown Florida-based GQG Partners into a $156 billion investment powerhouse since 2016.

Sensex Today | Stock Market LIVE Updates: Indian benchmark indices Nifty 50 and Sensex ended the previous trade session down over 2%. Nifty 50 closed at 25,250.10, while Sensex ended at 82,497.10.

West Texas Intermediate crude extended gains early Friday after rising more than 5% Thursday to a one-month high, along with global benchmark Brent.

The benchmark indices are set for losses this week with the Dow and the S&P 500 down 0.7% so far, while the Nasdaq is down over a percent.

Power trading solutions provider PTC India on Thursday said its shareholders have approved the resolution for a final dividend of Rs 7.80 per equity share for FY24.

Shares of HDFC Bank fell 2.55% to close at ₹1,682.15 apiece on the BSE.

With the increase of the fresh issue, its initial public offering size will increase to $1.4 billion from $1.25 billion.

From mid-November, BSE will no longer offer weekly index derivatives on Sensex 50 and Bankex, following SEBI’s new framework designed to reduce risk and improve market stability. Key changes include stricter monitoring and higher contract values.

Thursday’s sale also resulted in India losing the tag of highest flows of foreign money in emerging markets. So far in 2024, South Korea has attracted the highest inflows, which stood at $10.3 billion.

Check out the stocks that you need to have a close eye on October 4: Avenue Supermarts, Bank of Baroda, HDFC Bank and more.