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Day trading guide for today: Indian stock market continue to trade choppy on Monday. Nifty 50 index ended 37 points lower at 19,694 levels, BSE Sensex shed 139 points and closed at 65,655 mark whereas Nifty Bank index finished marginally higher at 43,584 levels. In broad market, small-cap index ended higher and logged 0.37 per cent gain on Monday whereas mid-cap index finished marginally lower.

Delta Corp, Hindustan Copper, Indiabulls Housing Finance, The India Cements, Manappuram Finance, the Multi Commodity Index of India (MCX), NMDC, RBL Bank and Zee Entertainment Enterprises (ZEEL). The F&O contracts of any stock enter the ban period when the open interest (OI) on it crosses 95% of the market-wide positions limits or MWPL. The ban on it is reversed only if the open interest falls below 80%. Traders who trade in indices do not encounter a situation of security ban.

Also Read: 6 things that changed for the stock market overnight - Gift Nifty, rally in US tech stocks to a weak dollar He believes the short-term trend of Nifty 50 continues to be range bound. There is a possibility of some more consolidation or minor weakness in the short term before showing upside bounce from the lows, he added. Here’s what to expect from Nifty 50 and Bank Nifty today: Examining the Open Interest (OI) data, Mandar Bhojane, Research Analyst at Choice Broking said the call side shows the highest OI at 19,800, followed by 19,900 strike prices.

Sensex fell 139.58 points, or 0.21%, to close at 65,655.15, while the NSE Nifty 50 ended 37.80 points, or 0.19%, lower at 19,694.00. “Overall market is likely to consolidate in a range as focus will be on the US FOMC meeting minutes which will be released on Wednesday. Globally, participation could be lower on account of Thanks Giving Holiday on Thursday.

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IREDA IPO: The initial public offering (IPO) of Indian Renewable Energy Development Agency (IREDA) has hit Indian primary market today and it will remain open till 23rd November 2023 i.e. Thursday this week. The PSU has fixed IREDA IPO price band at ₹30 to ₹32 per equity share and the book build issue is proposed for listing on BSE and NSE.

₹643.26 crore from anchor investors including Goldman Sachs, ahead of the launch of its initial public offering (IPO). IREDA IPO opens for subscription on Tuesday, November 21, and will close on Thursday, November 23.

Dividend stocks 2023: Shares of Coal India Ltd, E.I.D.-Parry (India) Ltd, EPL Ltd, Gillette India Ltd, Gujarat Pipavav Port Ltd, National Peroxide Ltd, Oil and Natural Gas Corporation Ltd, RMC Switchgears Ltd, Senco Gold Ltd, Sun TV Network Ltd, Talbros Engineering Ltd, and Tide Water Oil (India) Ltd will be in focus when stock market opens today. The board of directors of these companies have declared interim dividend and final dividend for its eligible shareholders. Coal India: Coal India has declared an interim dividend of ₹15.25 per share.

Buy or sell stocks for today: After witnessing choppy trade throughout the day, key benchmark indices of the Indian stock market ended mixed on Monday. Nifty 50 index ended 37 points lower at 19,694 levels, BSE Sensex shed 139 points and closed at 65,655 mark whereas Nifty Bank index finished marginally higher at 43,584 levels.

A brokerage and two of its registered representatives agreed to pay the SEC a little more than $1 million for violating Reg BI by churning client accounts, according to orders released Monday.

Sectorally, buying was seen in IT, telecom, healthcare and public sector stocks while selling was seen in auto, utilities, capital goods, and FMCG stocks. Stocks that were in focus on Monday include names like Tata Investment Corporation which was up more than 15% to hit a fresh record high, Mankind Pharma rose nearly 5% and ITI Ltd closed with gains of more than 7% to hit a fresh 52-week high. We have collated a list of three stocks that either hit a fresh 52-week high, or all-time high or saw a volume or a price breakout. We spoke to an analyst on how one should look at these stocks the next trading day entirely from an educational point of view: Here’s what analyst Ankit Choudhary Co-Founder, Financial Independence Services, SEBI Registered Investment Advisors (Registration Number — INA100008939) has to say: ITI We had mentioned the re-rating of ITI when it launched its laptop and PC range under the brand name of Smash to compete against DELL, Acer and Lenovo in September. It was trading around 177 and then in October we advised existing investors to hold this stock with a stop loss of 184 as it was on the verge of giving a Pole & Flag pattern breakout above 230. The stock has seen an ATH of 337 on 18th Oct and is consolidating in a range.

The Telecom Regulatory Authority of India will issue its recommendation on satellite spectrum allocation methodology and other pending matters after the appointment of a regular chairperson, an official source said. The position of Trai chairperson has been vacant since October 1 after the tenure of P D Vaghela ended in September.

A 230 page proposal, which Finra has submitted to the Securities and Exchange Commission for review, would allow the use of predicted returns in marketing and would apply to brokers dealing with institutions and investors possessing assets over $5 million.

When it comes to dining, tipping at least 15% to 20% is traditional etiquette, say experts.

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Oil and Natural Gas Corporation Ltd ) gained up to 1.1% in intraday trades on Monday, the day when benchmark indices traded in the red. The Brent crude prices also have been softening. Analysts nevertheless maintain a positive outlook for upstream oil producers and expect stable net realisations for ONGC.

Jio Financial Services (JFS), which was recently carved out from Reliance Industries Ltd (RIL), is considering its maiden bond issue with a plan to raise up to ₹10,000 crore, a report said on November 20. The financial services arm of RIL is in talks with merchant bankers, and is planning to launch the issue in the January-March quarter of fiscal year 2023-24, the Reuters report said, citing four bankers who are privy to the development. The company may target raising ₹5,000 crore to ₹10,000 crore through the bond issue, the bankers reportedly added.

₹1.8 lakh crore, which is about 0.61% of the total BSE-500 Index’s market capitalization. Promoters of Suzlon Energy, Sobha and Dixon Technologies revoked their entire pledged holdings during the September 2023 quarter, while Max Financial Services, Jindal Steel & Power and Emami, among others saw a reduction in pledged promoter holdings during the quarter.

Stock market today: NSE SME stock One Point One Solutions' share price gained on Monday, hitting a record high of ₹47.50 apiece. The stock was locked in the 20 percent upper circuit. The stock has been gaining consistently for nearly 15 days as it has risen from around ₹32 apiece to ₹47.50 apiece in the last two weeks, up around 50 percent during this period.