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Voltas Ltd. slipped 0.4 per cent to Rs 1914.35 in Monday's trade. It hit a high of Rs 1931.0 and low of Rs 1906.7 during the session. On the technical charts, the 200-DMA of the stock stood at Rs 1282.45, while the 50-DMA was at Rs 1612.58. 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.

IPO) of Arkade Developers was fully subscribed within just 2 hours of its opening, with a subscription rate of 126% so far. Around 12 noon, the highest demand was driven by the retail investors, booking the issue by 2.15 times, followed by the non-institutional investors, subscribing the issue by 1.2 times. The portion for qualified institutional buyers had attracted only 3,300 bids against 67.44 lakh shares reserved for them.

European shares started a data-packed week on a lower note as traders maintained a cautious stance ahead of a long-awaited monetary easing cycle by the U.S. Federal Reserve, with many leaning towards a bigger-than-expected rate reduction. The pan-European STOXX 600 index was down 0.3%, as of 0710 GMT on Monday, with all major European markets lower and most of the sub-indexes trading in the red.

Subscribe to enjoy similar stories. NEW DELHI : Gen Z shoppers are keeping fashion retailers on their toes. Over the past year, retailers like Myntra, Max Fashion and Madame have introduced collections tailored to Gen Z preferences.

Ravi Dharamshi, CIO, ValueQuest Investment Advisors, says the generalization that the entire market is expensive tends to miss out on a lot of nuances. There are pockets where there is overvaluation and there are pockets where there is some opportunity present from the next three to five years. India is making itself stand apart from the rest of the world because it is driven by domestic flows. It is driven by much stronger fundamentals. While a correction cannot be ruled out, we are not on the verge of a crash or any crisis that will lead to capital disruption. Right now, the big trigger is going to be coming in from the Fed midweek, but other than that, it is a global rally in place, be it for the US, be it for us. For us, the FIIs also now have made a comeback. How are you feeling about the market? Ravi Dharamshi: There is a lot of scepticism, justifiably through the valuations. But valuations are a necessary condition, not a sufficient condition for the markets to correct. I would say the generalization that the entire market is expensive tends to miss out on a lot of nuances. There are pockets where there is overvaluation and there are pockets where there is some opportunity present from the next three to five years.

Tata Elxsi Ltd. gained 0.05 per cent to Rs 7717.75 at 11:57AM (IST) in Monday's trade. The scrip hit a high of Rs 7768.0 and low of Rs 7705.8 so far during the session. The stock had closed at Rs 7713.2 in the previous session. The counter had a total traded volume of 11:57AM shares so far with a turnover of Rs 1.92 crore on BSE. The stock traded at a price-to-earnings multiple of 61.14 and a price-to-book ratio of 19.34.

Subscribe to enjoy similar stories. In July, ICICI Prudential Life Insurance Co. Ltd shares finally crossed their previous all-time high of ₹724.30 seen almost three years ago on 8 September 2021.

Subscribe to enjoy similar stories. Shriram Finance Ltd, which was included in the Nifty 50 a few months ago, continues to maintain its strong upward trajectory, outperforming the broader market by a wide margin this year. The shares of this non-banking financial company (NBFC) have surged by nearly 146% over the last three years, against an increase of about 46% in the NSE benchmark index.

rice with other crops could help recover 60-100 cubic kilometres of groundwater lost since 2000 in north India, a study has found. Current cropping patterns — dominated by rice, which relies heavily on groundwater for irrigation — could result in a loss of about 13-43 cubic kilometres of groundwater if warming of the planet continues, a team of researchers, including those from the Indian Institute of Technology Gandhinagar, Gujarat, said. The researchers proposed shifting from existing cropping habits by cutting down on cultivating rice as a potential solution for sustaining the fast-depleting resource in a warmer world that threatens food and water security. «Replacing 37 per cent area of rice with other crops can recover 61 to 108 cubic kilometres groundwater compared to 13 to 43 cubic kilometres with current cropping pattern under the 1.5-3 degrees Celsius global warming levels,» the authors wrote in the study accepted for publication in the journal Proceedings of the National Academy of Sciences (PNAS) Nexus.

Positive global cues, along with strong FII flows, contributed to a sharp 2% rally in the Nifty last week, bringing it to 25,356. The index has gained approximately 36% since breaking out around the 18,600 level.

Bajaj Housing Finance, which saw a record response to its IPO last week. Based on grey market trends and analysts' estimates, the company's shares are expected to deliver multibagger returns to investors. Since the IPO was announced, Bajaj Housing Finance shares have been in high demand in the grey market, with the GMP continually rising. The current GMP for the stock is approximately Rs 84, representing a premium of nearly 120% over the issue price.

Tolins Tyres is set to debut on the bourses on Monday. Grey market trends suggest that the stock is expected to deliver positive gains, with the grey market premium (GMP) at Rs 30, indicating a 13% premium over the issue price. The shares of Tolins Tyres are set to debut on the bourses on Monday. According to grey market trends, the stock is expected to deliver positive gains to investors.

Bharti Airtel stealing the show, amid bullish investors' sentiment in equities. Last week, the BSE benchmark jumped 1,707.01 points or 2.10 per cent. The 30-share BSE Sensex hit its lifetime high of 83,116.19 on Thursday. Bharti Airtel's valuation jumped Rs 54,282.62 crore to Rs 9,30,490.20 crore, becoming the biggest gainer among the top-10 firms.

Kross Ltd will debut on the exchanges on Monday. Ahead of the listing, the company’s shares are trading with a grey market premium (GMP) of Rs 24.5. With the upper price band set at Rs 240, the stock is anticipated to list at a 10% premium to the issue price.

Arslan Butt is an experienced webinar speaker, market analyst, and content writer specializing in crypto, forex, and commodities. He provides expert insights, trading strategies, and in-depth analysis...

Ankita Shrivastav calls the process of finding the right audio to go with her Instagram posts “a family affair”. “Everyone pitches in with suggestions, and when I don’t pick their choice, I end up sending apology notes,” says the Mumbai-based actor and standup comedian. She thanks them for at least keeping her up to date with the latest trends in music. Known as @filmychokri on Instagram, where she has nearly 600,000 followers, Shrivastav admits that the music selection process has sometimes delayed the uploading of her posts by 20 to 40 minutes. “It’s not just about picking a track,” she says. “It has to be aesthetically right, it has to match the story you are trying to tell in the Reel and match the story that’s going on in the world at the time… It has to be today and trending.”

FPIs) bought Indian equities at a net worth over Rs 16,800 crore this week, taking the overall September tally to Rs 27,856 crore. The total investments by them now stand at Rs 70,737 crore, so far in 2024. In August, FPIs bought domestic shares worth Rs 7,322 crore which was down month-on-month from July when the total purchase stood at Rs 32,359 crore. While in June, they were net buyers at Rs 26,565 crore after remaining net sellers in April and May when they sold equities worth Rs 8,671 crore and Rs 25,586 crore respectively.

Nifty has closed at a fresh weekly closing high. The trading range too got wider; the index oscillated in a 680.20-point trading range. Volatility too plummeted significantly; the India VIX came off 17.53% to 12.55. While setting a distinctly contrast undertone as compared to the week before, the headline index posted weekly gains of 504.35 points (+2.03%). As we step into the fresh week, the undercurrent evidently remains strong. However, even with the buoyant trend and with the markets showing no signs of a letup, it is time that we follow this trend from now on with the utmost amount of caution.

grey market premium (GMP) on Kross' shares have reduced by half to Rs 24 from Rs 50 ahead of the listing of the stock on September 16, Monday. This is a 10% premium over the issue price of Rs 240 per share. The three-day initial public offering (IPO) which ended on September 11 got a strong response from all categories of investors though qualified institutional buyers (QIBs) hold the edge.

HSBC initiated coverage on Krishna Institute of Medical Sciences (KIMS) with a 'buy' rating while assigning 'reduce' rating to Global Health (Medanta) and Narayana Hrudayalaya. The brokerage has a 'buy' rating on Apollo Hospitals and Aster Healthcare. «We retain our positive view on the growth outlook for the hospital sector on intact structural drivers: An ageing population, more lifestyle related disorders, increasing healthcare insurance coverage, rising income levels, and better paying ability,» said the analysts at the brokerage.

V-Sciences Investments, an arm of Temasek Holdings, on Friday divested a 1.4 per cent stake in Godrej Agrovet for more than Rs 212 crore through an open market transaction. Temasek Holdings is a state-owned multinational investment firm in Singapore. As of March 31, 2024, the investment company held an SGD 389 billion of portfolio value. According to the bulk deal data available on the National Stock Exchange (NSE), V-Sciences Investments offloaded 27.10 lakh shares, or 1.41 per cent stake, in Godrej Agrovet.