RBI’s interest rate decision, macroeconomic data, global trends and trading activity of foreign investors are the crucial factors to drive equity markets in a holiday-shortened week ahead, analysts said. Markets would remain closed on Monday for Mahatma Gandhi Jayanti. “While global cues will continue to dictate trends in local markets, focus will shift to RBI’s […]
Month: April 2023
Nifty to reclaim 19300 or slip? See GIFT Nifty, FII data, Fed Chair speech, F&O ban, more before market opensNifty to reclaim 19300 or slip? See GIFT Nifty, FII data, Fed Chair speech, F&O ban, more before market opens
GIFT Nifty traded 0.22% higher during Monday’s early trading session at 19,279, indicating a positive opening for domestic indices NSE Nifty 50 and BSE Sensex. The equity benchmarks closed in the red on Friday. Sensex tanked over 350 points to close at 64,886.51, while Nifty 50 slipped 0.62% to end trade at 19,265.80. “The domestic […]
IRM Energy IPO to open on October 18; sets price band at Rs 480-505/ shareIRM Energy IPO to open on October 18; sets price band at Rs 480-505/ share
City gas distribution company IRM Energy Ltd on Wednesday fixed a price band of Rs 480-505 per share for its Rs 545-crore initial public offering (IPO). The initial share-sale will open for public subscription on October 18 and conclude on October 20, according to the company. The IPO is a fresh issue of up to […]
Nifty likely to trade below 20000? See GIFT Nifty, FII data, crude, F&O ban, more before market opensNifty likely to trade below 20000? See GIFT Nifty, FII data, crude, F&O ban, more before market opens
GIFT Nifty traded flat at 19,621 up merely 0.07%, during Wednesday’s early trading session, indicating a flat opening for domestic indices NSE Nifty 50 and BSE Sensex. The benchmark domestic indices ended Tuesday’s trading session in negative territory. The NSE Nifty 50 slipped 9.85 points to 19,664.70, while the BSE Sensex fell 0.12% to 65,945.47. […]
Nifty’s trend non-directional, BFSI stocks witness profit-booking; Hindalco, TVS Motors among stocks to buyNifty’s trend non-directional, BFSI stocks witness profit-booking; Hindalco, TVS Motors among stocks to buy
By Shrikant Chouhan On last Tuesday, the benchmark indices closed higher. Among sectors, buying was seen in auto, FMCG and healthcare stocks whereas banking and financial stocks witnessed intraday profit booking at higher levels. Technically, after an early morning intraday rally, the index took the resistance near 19,500 and reversed, yet once again. Hindalco BUY […]
Rating: buy; Is Tata Motors’ Nexon the next top-selling SUV?Rating: buy; Is Tata Motors’ Nexon the next top-selling SUV?
Tata motors has recently unveiled the second facelift for its internal combustion engine (ICE) Nexon UV. This updated Nexon draws inspiration from the company’s ‘Curvv’ concept, incorporating various design elements inside and outside. Bookings for this compact UV have opened on September 4. The Nexon will continue to be powered by a 1.2-litre turbo petrol […]
Debt fund managers not too worried about OMO twistDebt fund managers not too worried about OMO twist
The RBI’s announcement to go for an Open Market Operation (OMO) sale of G-Secs came as a surprise to the market on Friday. This led to the yield on the 10-year government bond jumping to 7.36%. While many have called it a “knee-jerk” reaction and said much will depend on the quantum of the OMO […]
MCX Share Price: SEBI asks company to put launch of new platform on holdMCX Share Price: SEBI asks company to put launch of new platform on hold
MCX Share Price Today: Multi Commodity Exchange of India (MCX) on Friday said the country’s markets regulator has asked the company to put on hold the proposed go-live of its new commodity derivatives platform planned for next week, sending shares crashing. Shares of MCX fell 8.7% in early trade, their biggest intraday percentage drop since […]
FII, DII data: FPIs sold shares worth Rs 2300 cr, DIIs bought shares worth Rs 1570 cr on September 25, MondayFII, DII data: FPIs sold shares worth Rs 2300 cr, DIIs bought shares worth Rs 1570 cr on September 25, Monday
Foreign institutional investors (FII) offloaded shares worth net Rs 2,333.03 crore, while domestic institutional investors (DII) added shares worth net Rs 1,579.28 crore on September 25, 2023, according to the provisional data available on the NSE. For the month till September 25, 2023, FIIs sold shares worth net Rs 20,594.42 crore while DIIs bought shares […]
Oil prices ease on demand concerns, still headed for weekly gainOil prices ease on demand concerns, still headed for weekly gain
Oil prices fell for a second session on Friday, weighed down by lingering concerns over slower global demand, but were still headed for a second consecutive weekly gain amid expectations of tightening supplies. Brent crude futures slid 33 cents, or 0.4%, to $89.59 a barrel by 0050 GMT, while U.S. West Texas Intermediate crude (WTI) […]