Sun, Nov 24, 2024 10:09 AM
Considering investments in gold? Here are 4 ways to do it
A Flip by Avya Verma
At least 10 companies, including Vishal Mega Mart and International Gemmological Institute, are expected to raise ₹20,000 crore in the next month through initial public offerings (IPOs) in various sectors. The companies aim to raise funds for expansion, debt repayment, and working capital requirements, with the primary market expected to remain vibrant despite potential liquidity concerns.
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The market capitalisation of eight of India's top-10 most valued companies surged by Rs 1.55 lakh crore last week, with HDFC Bank and Tata Consultancy Services (TCS) emerging as the biggest gainers, driven by a strong trend in equities. During the week, the BSE benchmark Sensex rose by 1,536.8 points, or 1.98%, while the Nifty climbed 374.55 points, or 1.59%.
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Stocks to buy on Monday: 📌Coal India Ltd. (COALINDIA): Buy at ₹414 | Target Price at ₹435 | Stop Loss at ₹400. 📌Aurobindo Pharma Ltd. (AUROPHARMA): Buy at ₹1,223 | Target Price at ₹1,255 | Stop Loss at ₹1,200. 📌Hindustan Unilever Ltd. (HINDUNILVR): Buy at ₹2,440 | Target Price at ₹2,550 | Stop Loss at ₹2,375.
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