The National Stock Exchange (NSE) banned the trading in futures and options (F&O) of nine stocks/securities on Wednesday, August 16, 2023. India Cements, GNFC, Chambal Fertilisers, Delta Corp, Granules India, ZEEL, Indiabulls Housing Finance, Manappuram Finance, and Balrampur Chini Mills are the stocks/securities placed on the National Stock Exchange’s futures and options (F&O) ban for […]
Crude prices may see further near-term riseCrude prices may see further near-term rise
Prices of crude oil can be trading in the green, again, today as a result of the Israel-Hamas conflict that broke out on Saturday. However, the uptick in the prices will not be sustained, analysts say, as the country is neither a major oil producing country nor a major consumer. “Any geopolitical tension in the […]
Share Market Highlights: Nifty settles above 19700, Sensex over 66100; Pharma, PSU Bank, FMCG stocks shineShare Market Highlights: Nifty settles above 19700, Sensex over 66100; Pharma, PSU Bank, FMCG stocks shine
Share Market News Today | Sensex, Nifty, Share Prices Highlights: The benchmark domestic indices ended Wednesday’s trading session in positive territory.The NSE Nifty 50 gained 0.26% to settle at 19,716.45, while the BSE Sensex added over 170 points to 66,118.69. The border indices settled in green, with gains led by Midcaps and Smallcaps stocks. The […]
Sterling & Wilson: Unearthing potential tailwinds; RIL synergies, Nigeria deal to strengthen growth prospectsSterling & Wilson: Unearthing potential tailwinds; RIL synergies, Nigeria deal to strengthen growth prospects
With the recent surge in Sterling and Wilson’s (SWREL) order book (OB) and the promising prospects of India’s New Energy sector, we’ve conducted a scenario analysis, projecting a bull-case/ blue-sky value of Rs 760/1,635. We categorise orders as follows: (i) Core orders are approaching a peak historical level of Rs 7–8 billion, with Rs 6 […]
Global commodity prices correct on mounting economic growth concerns; Fed Chair testimony, US GDP data eyedGlobal commodity prices correct on mounting economic growth concerns; Fed Chair testimony, US GDP data eyed
By Saumil Gandhi Major commodities witnessed corrections in the preceding week, with the exception of natural gas futures. Market anxiety over global economic growth and expectations of further rate hikes led to a drop in commodity prices. In bullion packs, both gold and silver prices fell to a fresh three-month low. While crude oil prices […]
Vodafone Idea’s Chief Regulatory Officer P Balaji resigns effective January 10Vodafone Idea’s Chief Regulatory Officer P Balaji resigns effective January 10
Vodafone Idea on Wednesday announced that the company’s Chief Regulatory & Corporate Affairs Officer P Balaji has resigned from his position. He will be relieved from the services of the company with effect from close of business hours on January 10, 2024. “We wish to inform you that P Balaji, Chief Regulatory & Corporate Affairs […]
Tea production falls by 6.18pc to 127.12 mkgs in Nov 2023Tea production falls by 6.18pc to 127.12 mkgs in Nov 2023
Tea production in the country has dipped by 6.18 per cent to 127.12 million kilograms in November 2023. According to Tea Board data, the production in the year-ago month was 135.49 million kgs. In North India, primarily comprising Assam and West Bengal, the production volume was at 106.23 million kgs (mkgs), down from 114.18 mkgs […]
Market texture bullish but mildly overbought, Nifty support at 18050-18000; M&M, HCL Tech among top stocks to buyMarket texture bullish but mildly overbought, Nifty support at 18050-18000; M&M, HCL Tech among top stocks to buy
By Shrikant Chouhan The Nifty hovered between the range of 18130-18180 on Tuesday. on daily charts, the index has formed a small candle while on intraday charts it is still holding a higher bottom formation which is broadly positive. We are of the view that the market texture is bullish but mildly overbought, hence we […]
Updater Services shares lists at 5% discount; should you hold or exit?Updater Services shares lists at 5% discount; should you hold or exit?
Updater Services shares listed at 5% discount over IPO price on bourses today. The share debuted at Rs 285 on the NSE, as compared to the issue price of Rs 300. On the BSE, the Updater Services’ shares listed at Rs 299.90 “Overall, the listing of Updater Services is disappointing for investors. However, the company’s […]
Coal India, DLF, Nestle India, Bajaj Healthcare among 107 stocks that hit 52-week highs; 9 touch 52-week lowsCoal India, DLF, Nestle India, Bajaj Healthcare among 107 stocks that hit 52-week highs; 9 touch 52-week lows
The benchmark equity indices are trading in negative territory during intraday trading on Friday. The NSE Nifty 50 is trading at 19,745.70, down 0.24%, while the BSE Sensex is down 150.95 points at 66,252.81. The broader indices are trading in the red, except for Midcap. Bank Nifty is down 263.50 points at 44,335.70. Among the […]