Trade Financial News

Lupin Ltd. gained 0.65 per cent to Rs 1634.0 in Monday's trade as of 10:10AM (IST). The stock hit a high price of Rs 1635.0 and low of Rs 1610.1 during the session. The return on equity (ROE) for the stock stood at 3.49 per cent. Traded volume on the counter stood at 10:10AM shares and turnover at Rs 3.56 crore around that time. The stock of Lupin Ltd. quoted a 52-week high price of Rs 1703.8 and 52-week low prices of Rs 655.75, respectively.

On the BSE, Kiran Syntex(down 20.00 per cent), Ashapuri Gold Ornam(down 12.18 per cent), Quantum Build-Tech(down 10.00 per cent), Trio Mercantile(down 10.00 per cent) and Kore Foods (down 9.98 per cent) were among the stocks that plunged over 5 per cent during the session.

Siemens Ltd. rose 0.7 per cent to Rs 5615.85 in Monday's trade as of 10:15AM (IST) even as the benchmark Nifty ruled at 22360.3, down 159.11 points. The scrip had closed at Rs 5576.55 in the previous session. The stock quoted a 52-week low of Rs 3240.0 and a high of Rs 5772.6. The company quoted a market-cap of Rs 199819.08 crore on the BSE.

Middle East. Forex traders said a strong American currency in the overseas market and curde oil prices hovering above USD 90 per barrel also dented investor sentiments.

Day trading guide for stock market today: Amid the Iran-Israel war and FII's selling, the Indian stock market witnessed sharp selling on Friday last week. The Nifty 50 index corrected 234 points and ended at the 22,519 level, the BSE Sensex nosedived 793 points and closed at the 74,244 mark, and the Bank Nifty index shed 422 points and finished at the 8,564 level.

TCS, Vedanta, Ambuja Cements, ACC, Yes Bank, DLF, are a few stocks likely to be in focus on Monday, April 15.Sensex Today Live : The Indian stock market indices, Sensex and Nifty 50, are projected to commence on a lower note on Monday, mirroring the losses in global markets due to the ongoing Iran-Israel conflict.The Gift Nifty trends also suggest a gap-down opening for the Indian benchmark index. The Gift Nifty was observed trading around the 22,460 level, marking a discount of nearly 140 points from the previous close of Nifty futures.On the previous Friday, the Indian stock market indices each closed a percent lower, pulled down by widespread selling amid unfavorable global cues.

Stocks that were in focus included names like HDFC Bank, which fell 1.31%, Zomato, which declined 1.63%, and CAMS, whose shares rose 2.1% on Friday.

Sensex plunged 793.25 points to close at 74,244.90, while the Nifty 50 settled 234.40 points, or 1.03%, lower at 22,519.40. Nifty 50 formed a long negative candle on the daily chart that has broken below the immediate support of the ascending trend line at 22,650 levels. Also Read: Indian stock market: 10 key things that changed for market over weekend - Gift Nifty, Iran-Israel tensions to inflation “Technically, this pattern indicates a formation of a crucial top reversal pattern and one may expect more weakness in the coming sessions.

Indian stock market today: A total of 9 stocks have been banned for trade on Monday, April 15, 2024, under the futures and options (F&O) segment by the National Stock Exchange (NSE). The securities have been put on ban under the F&O segment as they crossed 95% of the market-wide position limit (MWPL), according to the NSE. However, the stocks will be available for trading in the cash market.

and expect margins to be in the 25-25.4% range over FY25-27. However, they see limited room for margin expansion from here on. What’s more, subdued hiring and lower sub-contracting costs cuts both ways and while reducing costs it also points to weak demand outlook.

Rights issues 2024: Shares of Sakuma Exports Ltd will be in focus when the stock market opens on April 15 (Monday). The Board of Directors of Sakuma Exports has declared rights issue of equity shares for the eligible shareholders.

Japan’s ruling party, the Liberal Democratic Party, wants the government to carry out “immediate” crypto tax reforms.

TLDR:

The $RECQ presale by Rebel Satoshi ($RBLZ) emerges as a beacon of pioneering decentralization and community empowerment in the crypto space. On the other hand, Dogecoin (DOGE) experienced some weakened price movement, potentially challenging broader market trends. Yet, Dogwifhat (WIF) entered the market with the volatility characteristic of meme coins, showcasing dramatic price swings.

Algotech (ALGT) is a new market entrant causing waves in the cryptocurrency market. Meanwhile, Solana (SOL) and Cardano (ADA) investors are looking for the best cryptocurrency to invest in.

Pattaya or a spa in Bangkok? Well, that could be a reality if India can pull off a currency deal with Thailand, which has emerged as one of the preferred destinations for holidays, conferences and corporate offsites, especially since the visa relaxation last year. Now, there are early signs that the government and the Reserve Bank of India (RBI) may be pondering over popularising the local unit in the South-East Asian country. The central bank recently asked banks to share their inputs and expectations on the level of transactions linked to Thailand. Authorised dealer banks issuing foreign exchange have a fair idea of travellers’ destinations, besides having latest information on international card spends and trade invoices. “They have asked for our feedback. I think there are plans of some rupee arrangement with Thailand. It’s in the early stages, as far as we can make out,” a senior banker told ET.

Mint looks at the implications for the rest of the world, including India. In a departure from its long-term policy, Iran attacked Israel directly late on Saturday taking tensions in the region to a new high. The attack was in response to the bombing of Iran’s Consulate in Damascus on 1 April, ostensibly by Israel, that killed senior Iranian military commanders.

NEW DELHI : Iran's reprisal attacks on Israel are unlikely to significantly dent the Indian stock market unless Tel Aviv responds, in which case crude oil prices could spike on supply disruptions, market analysts said on Sunday. Their comments came after the Tel Aviv Stock Exchange's (TASE) benchmark TA-35 index closed up 0.27% at 1938.18 on Sunday despite Iran's overnight drone and missile attacks. The TASE runs from Sunday through Thursday.

NEW DELHI, MUMBAI : The ongoing conflict between Iran and Israel could disrupt the aviation and shipping industries, sparking concerns over air travel safety and maritime security worldwide, besides a potential rise in airfares, increased war-risk premium for vessels operating in the area, as well as risks to agriculture trade. Following Iran's recent attack on Israel with drones and missiles, several countries in the region, including Iran, Jordan, Iraq, Lebanon, and Israel, temporarily closed their airspaces on 12 April as a precautionary measure, before reopening on 14 April, albeit with restrictions.

A series of weak auctions for U.S. Treasurys are stoking investors’ concerns that markets will struggle to absorb an incoming rush of government debt. A selloff sparked by a hotter-than-expected inflation report intensified this past week after lackluster demand for a $39 billion sale of 10-year Treasurys.

Hey meme coin fans! Get ready to celebrate the arrival of an exciting new contender: Poodl Inu (POODL) .