Experts Financial News

Bank of Baroda on Wednesday said its capital raising committee will meet on November 18 to discuss and approve the issuance of debt instruments to raise tier-I and tier-II capital. “The meeting of capital raising committee of our bank is scheduled…to discuss and finalize the issuance of Tier I and Tier II debt capital instruments and long-term bonds for the financing of infrastructure and affordable housing within the board-approved capital raising plan,” the bank said in an exchange filing.

Angel One reached a significant milestone, surpassing the ₹3,000 apiece mark for the first time in today's session and setting a new all-time high at ₹3,090 apiece. Year-to-date, the shares have shown impressive performance, yielding a multi-bagger return of 130%, surging from ₹1,320 apiece to ₹3,035. Impressively, the stock has been delivering positive returns since its listing in October 2020.

trustworthy resource for precious metal investors, this retail online bullion dealer deals in copper, palladium, rhodium, and platinum, apart from gold and silver. Money Metals Exchange offers precious metal bullion coins (e.g. gold coins, silver coins, gold American Eagle, Silver Eagles, junk silver, fractionals, etc), rounds, bars, ingots, statues, blocks, bullets, investment jewelry, accessories, and more.

BSE Sensex ended higher by 742.06 points or 1.14 per cent at 65,675.93 level while the Nifty 50 closed at 19,675.45 level, up 231.90 points or 1.19 per cent. Nifty 50 index opened higher and hit intraday high of 19,653 levels, logging 210 points gain during Wednesday session against its Monday close of 19,443 mark.

Making financial decisions can be a daunting task, especially if you’re just starting out, but the same applies to even the most experienced. The simple answer is: You can’t auto-pilot investing and expect to profit.

Used-car shoppers won’t have it easy this year or next

Bonds are looking attractive right now and are set to be a shining light in 2024, according to a new outlook from portfolio managers at Pimco.

Galaxy Surfactants Limited, said that impact of inventory destocking cycle seen during first half FY24 may be behind in Q3 . The volume growth momentum may further catch pace in Q3 and FY24 may see volume growth ahead of company’s guidance of 6-8% Galaxy Surfactants had seen volumes during the Q2FY24 rise 9.8% year-on-year. Most of its markets saw improved pace of growth.

The NSE Nifty index closed 231.9 points up at 19675.45, while BSE Sensex ended up 742.06 points at 65675.93. On the other hand, Bajaj Finance Ltd.(down 1.86 per cent), IndusInd Bank Ltd.(down 1.04 per cent), Power Grid Corporation of India Ltd.(down 1.01 per cent), Dr.

1. Manappuram Finance 100-Day SMA: 138.88 | Closing Price on November 13: 140.35 2. Mahindra & Mahindra (M&M) 100-Day SMA: 1530.86 | Closing Price on November 13: 1540.25 3.

On the BSE, Retina Paints(down 19.65 per cent), Promax Power(down 13.96 per cent), Supershakti Metaliks(down 13.38 per cent), Innokaiz India(down 12.48 per cent) and Transvoy Logistics(down 12.26 per cent) stood among the top losers in today's trade. In the Nifty pack, 46 stocks closed in the green, while 3 stocks ended in the red.

Shares of Oberoi Realty Ltd.(up 5.62 per cent), Phoenix Mills Ltd.(up 5.58 per cent), Brigade Enterprises Ltd.(up 4.7 per cent), Prestige Estates Projects Ltd.(up 3.51 per cent) and Sobha Ltd.(up 2.89 per cent) ended the day as top gainers in the pack. On the other hand, finished as the top losers of the day.

By Andrew Goudsward

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Benchmark NSE Nifty closed 231.9 points up at 19675.45 amid buying in frontline bluechip counters. However, stocks such as Rajesh Exports, Atam Valves, Compuage Infocom, Winsome Yarns and Amines Plastic, touched their fresh 52-week lows.

rupee logged its best single-day performance in nearly two months on Wednesday, bolstered by hopes the U.S. Federal Reserve would ease policy rates next year. The rupee closed at 83.1425 against the U.S.

DCM Shriram Industries(up 9.96%), Balrampur Chini Mills(up 2.44%), Ugar Sugar Works(up 1.83%), Ponni Sugars(Erode)(up 1.30%), MAGADHSUGAR(up 1.02%), Triveni Engineering & Industries(up 0.72%), K.M.Sugar Mills(up 0.61%), Mawana Sugars(up 0.61%), Vishwaraj Sugar Industries(up 0.58%) and Bannari Amman Sugars(up 0.58%) stood among the top gainers. Rana Sugars(down 4.05%), EID Parry(down 1.15%), Uttam Sugar Mills(down 0.71%), Kothari Sugars & Chemicals(down 0.56%), Dalmia Bharat Sugar & Industries(down 0.42%), Simbhaoli Sugars(down 0.16%) and Shree Renuka Sugars(down 0.10%) were among the top losers of the day.

Relative Strength Index (RSI) emerges as a vital compass, offering insights into the momentum and strength of a stock's price movement. The Relative Strength Index (RSI) is a momentum oscillator that gauges the magnitude and velocity of recent price changes. Oscillating between 0 and 100, RSI helps identify overbought or oversold conditions, offering investors a lens into potential reversals or continuations in stock prices. Overbought and Oversold Conditions: RSI above 70 indicates overbought conditions, suggesting a potential pullback, while RSI below 30 signals oversold conditions, hinting at a possible upward correction. Spotlight on Downtrending RSI: ETMarkets' Selections On November 13, Monday, StockEdge revealed a sea of stocks witnessing a downtrend in RSI, signaling potential shifts in their momentum.

German MNC Siemens has announced plans to complete the demerger of its Indian unit Siemens Ltd in 2025, earlier than previously planned. To accelerate the demerger, Siemens AG will acquire an 18% stake in Siemens Ltd India from Siemens Energy for €2.1 billion. Renu Baid, V-P Research, IIFL Institutional Equities, what this will mean for Siemens India. Help us understand how this construct actually stands out for Siemens? If you look at the Siemens India business today, it includes Siemens Energy, which is a separately identified segment and the rest of the other businesses. While Siemens Energy globally got listed, in India, the energy vertical or the gas and power vertical continued to remain a part of the listed entity against which 24% equity stake of the listed company was given to Siemens Energy and 51% was retained by Siemens AG.

Relative Strength Index (RSI), a powerful tool offering insights into the strength and direction of a stock's price movements. The Relative Strength Index, commonly known as RSI, is a momentum oscillator that measures the speed and change of price movements. It is used to identify overbought or oversold conditions in a stock, providing investors with valuable signals for potential trend reversals. RSI readings above 70 indicate that a stock may be overbought, suggesting a potential reversal or pullback.

methane gas emissions from the energy sector across the 27-nation bloc. According to experts, one of the biggest causes of climate change is methane gas emissions — second only to carbon dioxide. The gas also causes serious health problems.