IndusInd Bank shares fell over 5% to a 52-week low on March 10 after the RBI extended the CEO’s term for a shorter duration than requested, leading brokerages to reduce their target prices.
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JSW Steel shares rose 1% to ₹1,022 after February production hit 24.07 lakh tonnes, a 12% YoY increase. Meanwhile, the company’s share price has recovered smartly in recent trading sessions, spiking nearly 8% in six trading sessions.
INDIA-MARKETS/RUPEE:INDIA RUPEE-Rupee slumps on strong demand to buy dollars at daily fix, weak yuan
Gold Price and Silver Rate Today on March 10, 2025:10 grams of 24 carat gold was at Rs.87873.0 in Delhi whereas 1 kg of silver was Rs.102100.0 in Delhi.
Last week on Friday, the Nifty index closed at 22,552.50, recording a 1.93 per cent increase compared to the previous week’s close.
FMCG stocks gained momentum last week, snapping a four-week losing streak, with the Nifty FMCG index rising 2.37%. However, the index remains down 22% from its September peak, reflecting ongoing challenges in urban consumer demand and rising input costs amid a sluggish economy.
Gold Rate And Silver Price Today on March 10, 2025:10 grams of 24 carat gold price was at Rs.87873.0 in Delhi whereas 1 kg of silver rate was Rs.102100.0 in Delhi.
JAPAN-BONDS/:Japan’s 10-year bond yield hits 16-year high amid weak auction, rate-hike bets
Gensol Engineering shares fell over 4% after promoters sold 2.37% of equity, resulting in a 47% decline over ten sessions. The board will meet on March 13 to discuss a potential stock split and fundraising options amid credit rating downgrades and ongoing liquidity issues.
52 Week Low Stocks Today on March 10, 2025: Following shares hit their 52 week low today – Nagarjuna Fertilisers & Chem, Cambridge Technology Enterpris, Indusind Bank, Tasty Bite Eatables, SBC Exports