NIFTY Financial News

₹600 crore derivatives position before Adani probe report.3. IDFC First Bank - Wins title sponsorship rights for BCCI matches for the next three years.4. Zee Entertainment - Former CEO challenges recent order by SEBI.5.

global markets. The BSE Sensex fell 365 points at 64,886, while Nifty declined 120 points to end at 19,265. Stocks that were in focus include names like Paytm, which fell 0.71%, Mastek, which gained 2.25%, and KFin Technologies, whose shares jumped 11.65% on Friday. Here's what Pravesh Gour, Senior Technical Analyst at Swastika Investmart, recommends investors should do with these stocks when the market resumes trading today:Paytm — Buy for long term The counter has witnessed a breakout of a triangle formation, which is generally considered a bullish signal.

Indian stock market is likely to open higher on Monday led by positive global cues amid gains in Asian and US peers. This week, investors will eye a host of stock market triggers including the much-awaited annual general meeting (AGM) of oil-to-telecom conglomerate Reliance Industries, macroeconomic data, global cues, and more. In the week gone by, Indian stock market consolidated in a range and settled lower for the fifth successive week, the longest streak since April 2022, amid weak global cues.

Further, the current week will also see India's first quarter GDP numbers, which will throw some light on the country's economic trajectory. «We continue to expect the Nifty to be in a narrow range due to lack of positive triggers. In the meantime, niche mid and small cap sectors are likely to remain in action,» said Siddhartha Khemka, Head — Retail Research, Motilal Oswal Financial Services. Here's breaking down the pre-market actions:STATE OF THE MARKETSGIFT Nifty (Earlier SGX Nifty) signals a positive startGIFT Nifty on the NSE IX traded 45 points, or 0.23 per cent, higher at 19,282.50, signaling that Dalal Street was headed for positive start on Monday.

Buy or sell stocks for today: Following weak global market sentiments, Indian stock market ended lower on second day in a row on Friday. NSE Nifty corrected 120 points and finished at 19,265 levels, BSE Sensex ended 365 points lower at 64,886 mark whereas Bank Nifty index lost 264 points and closed at 44,231 levels.

MUMBAI : A single market participant took a derivatives position worth an estimated ₹600 crore in Adani Enterprises Ltd (AEL), flagship of the Adani Group and a Nifty 50 stock, just days before India’s markets regulator submitted its status report on the Adani probe to the Supreme Court on 25 August. While it’s not known whether the position is a hedge or a punt, market experts said such positions are normally taken in anticipation of a sharp price move based on an event. Designated ‘Client 1’ by National Stock Exchange (NSE), the participant initiated a position of 2.24 million shares, or 3.04% of AEL’s marketwide position limit (MWPL) of 73.7 million shares on 22 August.

We take a look at what analysts are saying on the stocks of the Nifty FMCG index.This becomes important because the market has once again hit the wall of volatility. In a bearish or volatile phase, it is FMCG stocks that tend to see an inflow of money, which does not want to move out of the equity market but wants to move to stocks which fall relatively lesser compared to other sectors.

Jerome Powell could prompt investors to continue booking profits. The week ahead is also eventful for Dalal Street investors from a corporate standpoint.Mukesh Ambani the Chairman of Reliance Industries will address the shareholders at the company’s 46th annual general meeting on Monday, which will be closely tracked by investors. The next big event for the market is the Supreme Court’s hearing on Tuesday in the Adani-Hindenburg case. Volatility is expected to be high in the market, according to experts, given weak global sentiment and domestic events. “Equity markets are expected to remain volatile due to weakness in the external environment,” said Hemant Kanawala, senior EVP and head — equity, Kotak Mahindra Life Insurance Co. While corporate earnings of Indian companies are showing strong growth, valuations aren’t cheap, and there is limited room for them to expand, Kanawala said, adding that investors are likely to get returns in line with earnings growth till the end of the year.RIL AGMIn the last few years, some of the big bang announcements from Ambani have usually come at the AGM.

Nifty index has declined to a significant moving average (55-EMA) support level. The sentiment is expected to stay bearish as long as the index remains below 19,450, where the 21-day Exponential Moving Average (EMA) is positioned on the daily timeframe. If the index decisively falls below 19240, it could potentially lead the Nifty towards the 19,000 mark.

Reliance Industries, macroeconomic data, global cues, and more. Markets consolidated in a range and settled lower for the fifth successive week -the longest streak since April 2022 - mainly pressurized by weak global cues. The tone was positive for most of the week but a decline in the final sessions pushed the index in the red.

Foreign portfolio investors (FPIs) performance remains muted on D-Street so far in August due to the rising US bond yields and stronger US dollar, after sustained buying in the last three months. FPIs bought ₹10,690 crore worth of Indian equities and infused a total of ₹14,766 crore as of August 26, taking into account debt, hybrid, debt-VRR, and equities, according to National Securities Depository Ltd (NSDL ) data. The ₹10,690 crore-figure also includes bulk deals and investment in primary market.

ET Now: How are the markets shaping up currently? Rajesh Palviya: Last week, we projected a range of 19200 to 19600, and we're now near the lower end at 19200. Nifty tried breaking above 19500-19550 but faced resistance from aggressive call writers at 19500-19400. As we approach August's expiry week, call writing is seen at 19300-19400 strikes, indicating a shift in call writers' positions downward.

Buy or sell stocks: Indian stock market plunged, an all-round sell off on Friday tracking weak global cues. NSE Nifty lost 120 points and closed at 19,265, BSE Sensex shed 365 points and ended at 64,886 levels while Bank Nifty index corrected 264 points and finished at 44,231 mark. Nifty Mid-cap Index underperformed the Nifty with a large margin by falling 0.82 per cent in today’s session.

Jio Financial Services (JFS) fell 1.7% on Friday, extending its losing run to the fifth straight session following its listing on the bourses on August 21. The stock ended at Rs 212.25 on Friday, almost 20% below its listing price of Rs 265 after hitting the lowest tradable limit for four straight days till Thursday. The stock decline resulted in Jio Financial's market capitalisation falling to Rs 1.35 lakh crore from Rs 1.61 lakh crore on the listing day. Concerns over elevated valuation coupled with selling by passive funds resulted in the stock decline during the listing week, according to analysts.

US Federal Reserve Chair Jerome Powell's speech at Jackson Hole. The domestic institutional investors (DIIs) were net buyers again and invested ₹1,414 crore during the session. As per the NSE data, FIIs cumulatively bought ₹10,929.61 crore of Indian equities, while they sold ₹15,567.82 crore --- resulting in an outflow of ₹4,638.21 crore.

Shares of Indiabulls Real Estate(up 3.32 per cent), Mahindra Lifespace Developers(up 0.93 per cent), Brigade Enterprises(up 0.58 per cent) and SOBHA(up 0.42 per cent) ended the day as top gainers in the pack. On the other hand, Macrotech Developers(down 3.97 per cent), DLF(down 1.72 per cent), Oberoi Realty(down 1.55 per cent), Godrej Properties(down 1.09 per cent) and Phoenix Mills(down 0.77 per cent) finished as the top losers of the day. The Nifty Realty index closed 1.31 per cent down at 532.95. Benchmark NSE Nifty50 index ended down 120.9 points at 19265.8, while the BSE Sensex stood down 365.83 points at 64886.51. Among the 50 stocks in the Nifty index, 9 ended in the green, while 41 closed in the red. Shares of Vodafone Idea, Jio Financial Servic, Suzlon Energy, JP Power and Reliance Power were among the most traded shares on the NSE. Shares of Ind-Swift Labs, Parag Milk Foods, Virescent Renewable, GFL Ltd.

Geojit Financial Services. For the week, Sensex slipped by 0.10 per cent while the Nifty declined by 0.23 per cent. On the other hand, the BSE Midcap index rose 1.50 per cent while the Smallcap index jumped 2.19 per cent for the week.

Shares of Persistent Systems(up 0.35 per cent) ended the day as top gainers in the pack. On the other hand, MPhasis(down 2.91 per cent), Coforge(down 2.5 per cent), HCL Technologies(down 1.48 per cent), L&T Technology(down 1.19 per cent) and LTIMindtree Ltd(down 0.83 per cent) finished as the top losers of the day. The Nifty IT index closed 0.64 per cent down at 30914.55. Benchmark NSE Nifty50 index ended down 120.9 points at 19265.8, while the BSE Sensex stood down 365.83 points at 64886.51. Among the 50 stocks in the Nifty index, 9 ended in the green, while 41 closed in the red. Shares of Vodafone Idea, Jio Financial Servic, Suzlon Energy, JP Power and Reliance Power were among the most traded shares on the NSE. Shares of Ind-Swift Labs, Parag Milk Foods, Virescent Renewable, GFL Ltd.

Shares of Bandhan Bank(up 0.43 per cent), Axis Bank(up 0.18 per cent) and ICICI Bank(up 0.15 per cent) ended the day as top gainers in the pack. On the other hand, Punjab National Bank(down 2.15 per cent), IndusInd Bank(down 1.68 per cent), State Bank of India(down 1.21 per cent), HDFC Bank(down 1.13 per cent) and AU Small Finance Bank(down 1.11 per cent) finished as the top losers of the day. The Nifty Bank index closed 0.59 per cent down at 44231.45. Benchmark NSE Nifty50 index ended down 120.9 points at 19265.8, while the BSE Sensex stood down 365.83 points at 64886.51. Among the 50 stocks in the Nifty index, 9 ended in the green, while 41 closed in the red. Shares of Vodafone Idea, Jio Financial Servic, Suzlon Energy, JP Power and Reliance Power were among the most traded shares on the NSE. Shares of Ind-Swift Labs, Parag Milk Foods, Virescent Renewable, GFL Ltd.

Benchmark NSE Nifty closed 120.9 points down at 19265.8 amid selling in frontline bluechip counters. However, stocks such as Sadhana Nitro, Penta Gold, Hotel Rugby, Yasho Industries and Zeal Global Services, touched their fresh 52-week lows. Overall, 9 shares ended in the green in Nifty50 index, while 41 closed in the red. In the Nifty 50 index, Bajaj Finserv, Bajaj Finance, Asian Paints, ONGC and Bharti Airtel were among top gainers during the day, while Dr.

On the BSE, S R G Sec. Fin.(down 20.00 per cent), Shoppers Stop(down 12.64 per cent), Adeshwar Meditex(down 12.56 per cent), Retro Green Revoluti(down 11.52 per cent) and Novateor Research(down 10.79 per cent) stood among the top losers in today's trade. In the Nifty pack, 9 stocks closed in the green, while 41 stocks ended in the red. The index closed 120.9 points down at 19265.8. On the BSE, S R G Sec.