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Zomato is projected to witness inflows of about $513 million next week as the food delivery giant is set to enter BSE Sensex’s 30-share frontline index on December 23 as part of the planned rejig, brokerage firm Nuvama said. The food delivery giant’s index inclusion would make Zomato the first new-age tech stock to enter the 30-share frontline index. Meanwhile, JSW Group’s shares will exit the index as part of the planned rejig to make way for Zomato.

Subscribe to enjoy similar stories. Switzerland has suspended the Most-Favoured-Nation (MFN) clause in its Double Taxation Avoidance Agreement (DTAA) with India, significantly altering the tax treatment of cross-border dividends. Beginning 1 January 2025, dividend payments from Swiss entities to Indian investors will be taxed at 10%, double the current 5%.

Ashok Leyland Ltd. traded 0.36 per cent at Rs 232.85 at 01:54PM (IST) on Monday, even as BSE benchmark Sensex 400.35 points to 81732.77. The stock had closed at Rs 232.00 in the previous session. The stock quoted a 52-week high price of Rs 264.70 and 52-week low of Rs 157.65, respectively. As per BSE data, total traded volume on the counter till 01:54PM (IST) stood at 574797 shares with a turnover of Rs 13.28 crore.

Colgate-Palmolive (India) Ltd. 1.37 per cent to Rs 2831.35 in Monday's trade as of 01:59PM (IST). The stock hit a high price of Rs 2899.95 and low of Rs 2827.30 during the session. The return on equity (ROE) for the stock stood at 70.54 per cent. Traded volume on the counter stood at 01:59PM shares and turnover at Rs 0.69 crore around that time. The stock of Colgate-Palmolive (India) Ltd. quoted a 52-week high price of Rs 3893.00 and 52-week low prices of Rs 2350.65, respectively.

GAIL (India) Ltd. traded 0.6 per cent up at Rs 203.80 at around 02:04PM (IST) on Monday. The stock had closed at Rs 205.05 in the previous session. Equity benchmark Sensex traded 334.99 points at 81798.13 around the same time.

Oberoi Realty shares surged as much as 6.3% on Monday to a record high of Rs 2,250.65 on BSE after brokerage firm Axis Securities initiated coverage on the real estate developer with a 'buy' rating, at a target price of Rs 2,560, implying an upside of about 14% from current levels. The brokerage said that its recommendation is underpinned by the company’s strong positioning in Mumbai’s luxury real estate market, a growing annuity income stream, strategic geographic expansion, and solid financial fundamentals.

Subscribe to enjoy similar stories. Apple production supports about 900,000 households in India. Most are apple growers in Kashmir, Himachal Pradesh and Uttarakhand with modest incomes.

Aaradhya Disposal Industries, a manufacturer and exporter of high-quality paper products, announced filing of its Draft Red Herring Prospectus (DRHP) with NSE Emerge. The company’s initial public offering comprises a fresh issuance of 36,96,000 equity shares, each with a face value of Rs 10. Khambatta Securities is the sole book running lead manager to the Issue, and Bigshare Services Private is the registrar.

«So, let us see, that depends on the commentary of the Fed but so far the data build up has been positive. So, probability is that if the data remains stagnant or it remains like this only, then there is a good probability that we will hit the upper range. So, so far the setup is neutral to bullish,» says Aditya Arora, Adlytick. What is your bet? Are we likely to hit 25,000 over the next 10 to 15 days or not? Aditya Arora: Look, market is actually waiting for a big trigger and that trigger lies in Fed's meeting which is lined up in this week. So, before that I do not think market will show very big movement, but in fact would consolidate in a tight range.

LG Electronics Inc. is considering increasing the valuation of its Indian unit to as much as $15 billion in a planned listing in Mumbai next year after initial feedback from analysts and investors, according people familiar with the matter. The South Korean company is planning to start a formal roadshow for LG Electronics India Pvt.’s IPO within the next two months and is targeting a listing in the first half of 2025, the people said, asking not to be identified because the information is private. The company had earlier eyed a valuation of around $13 billion, Bloomberg News reported in September.

Sanathan Textiles will open for subscription on December 19, and will close on December 23. The price band has been fixed between Rs 305 to Rs 321 per equity share of face value Rs 10 each for its maiden initial public offer. The IPO is a mix of fresh issue of up to Rs 4,000 million and an offer of sale of up to Rs 1,500 million. Investors can bid for a minimum of 46 equity shares and in multiples of 46 equity shares thereafter.

bank meetings this week largely trumped a rise in heavyweight chip-related shares. The Nikkei erased early gains to close down 0.03% at 39,457.49, while the broader Topix shed 0.3% to 2,738.33.

Subscribe to enjoy similar stories. The Securities and Exchange Board of India (Sebi) has introduced a landmark proposal to bring retail investors into the realm of algorithmic (algo) trading—a domain traditionally dominated by institutional players. With advantages such as faster trade execution, enhanced risk management, and cost efficiency, algo trading has the potential to transform retail participation in India’s capital markets.

Bajaj Holdings & Investment Ltd. traded at Rs 11113.65 on BSE at 11:46AM (IST) on Monday, 0.19 per cent from previous close. The stock quoted a 52-week low price of Rs 7631.10 and a high of Rs 11515.10.

HDFC Asset Management Company Ltd. traded 0.13 per cent up at Rs 4543.45 at around 12:01PM (IST) on Monday. The stock had closed at Rs 4537.50 in the previous session. Equity benchmark Sensex traded 500.73 points at 81632.39 around the same time.

Bank of Baroda 0.07 per cent to Rs 258.05 in Monday's trade as of 11:51AM (IST). The stock hit a high price of Rs 259.70 and low of Rs 255.75 during the session. The return on equity (ROE) for the stock stood at 15.67 per cent. Traded volume on the counter stood at 11:51AM shares and turnover at Rs 5.69 crore around that time. The stock of Bank of Baroda quoted a 52-week high price of Rs 298.45 and 52-week low prices of Rs 214.85, respectively.

initial public offering (IPO) of which will open for subscription on December 19, has fixed a price band of Rs 269-283. The issue will be available for subscription till December 23. At the upper end of the price band, the total IPO size stands at Rs 840.25 crore and bids can be made for a minimum of 53 equity shares and in multiples of 53 equity shares thereafter.

initial public offering (IPO) on December 19, with a price band of Rs 410-432 per share. The IPO will remain open for public subscription until December 23, while the anchor book is scheduled to open on December 18. The allotment of shares is expected by December 24, with shares credited to investors' demat accounts by December 26. Transrail’s stock is likely to list on exchanges on December 27.

«So, at some stage you come to a level where returns obviously get muted. So, you have to buy some of these stocks whoever wants to buy on bad news like for example Amber did not do well when the entire AC market was in doldrums,» says Sandip Sabharwal, asksandipsabharwal.com. I think you mentioned last week that these EMS stocks they look good, now the point is that I know anything above 50 PE Sandip Sabharwal will be the first one to come out and say mehnga hai, valuations are stretched. Why are you not bearish on these stocks because the PE multiples I think are 50 plus and the margins are 6-7%, that is not your style of investment. Sandip Sabharwal: I am not buying these stocks but the whole point is that when the question was asked whether these companies will do well over the long term the only thing I see is that they are getting so much traction of growth by so many tie-ups and benefiting because of PLI, etc, and the entire PLI business because a few companies get selected and then it is very tough for new companies to come in so these people are getting sort of a moat because of government policies not because of what they are actually doing.

Subscribe to enjoy similar stories. Today's edition of Stocks Made Easy shines a spotlight on a luxury car rental services company. We first featured this company a month ago, during a deep dive into stocks trading below their book value—a trend that gained traction when the buzz around Elcid Investments’ boom was just hitting mainstream attention.

Zomato Ltd. 0.26 per cent to Rs 289.15 in Monday's trade. It hit a high of Rs 292.55 and low of Rs 286.45 during the session. On the technical charts, the 200-DMA of the stock stood at Rs 226.55, while the 50-DMA was at Rs 270.39. If a stock trades above 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered a bearish trend and if trades between these averages, then it suggests the stock can go either way.