Trends Financial News

Disclaimer: This is an AI-generated live blog and has not been edited by LiveMint staff.Nifty 50 Share Price Today Live Updates: At current prices Nifty 50, faces the below Resistance and Support levels The Nifty 50 closed at 24,199.35, reflecting the market's performance on that day. This figure represents the index's value, which is calculated based on the weighted average of 50 of the largest and most actively traded stocks listed on the National Stock Exchange of India.

Gold prices were little changed in early Asia hours on Monday, as market participants awaited comments from Federal Reserve officials and economic data to gauge the U.S. interest rate path.

Subscribe to enjoy similar stories. At every dinner party, celebration, and family get-together this year, there was at least one person boasting how much they earned on an IPO listing day. Indeed, IPOs are hot right now.

market, but the Nifty may not fall sharply in the absence of major market-moving events. Stocks like Infosys, HCL Technologies, Bank of Baroda, Axis Bank, Federal Bank, Mphasis, LTI Mindtree, M&M, Tata Motors, Sobha, Syngene, and JB Chemicals have formed bullish patterns on the charts, they added. NAGARAJ SHETTI TECHNICAL RESEARCH ANALYST, HDFC SECURITIES

market valuation of six of the top-10 most-valued firms eroded Rs 1,55,721.12 crore last week, with Reliance Industries emerging as the biggest laggard, in line with an overall weak trend in equities. Last week, the BSE benchmark declined 237.8 points, or 0.29 per cent. While Reliance Industries, Bharti Airtel, ICICI Bank, ITC, Hindustan Unilever and Life Insurance Corporation of India (LIC) suffered erosion in their market valuation, Tata Consultancy Services (TCS), HDFC Bank, Infosys, and the State Bank of India were the gainers.

markets continued unabated, with FPIs pulling out nearly Rs 20,000 crore in the last five trading sessions on higher valuations of domestic stocks and shifting their allocation to China. As a result, foreign portfolio investors (FPIs) have turned net sellers in the equity market, with total outflows reaching Rs 13,401 crore for 2024 so far. Going ahead, the FPI selling trend is likely to continue in the near term till data indicate the possibility of a trend reversal. If the Q3 results and leading indicators reflect a recovery in earnings, the scenario can change with FPIs reducing selling and even turning buyers. Investors will have to wait and watch for the data, VK Vijayakumar, Chief Investment Strategist, Geojit Financial Services, said.

For Indian investors, this principle is just as relevant for country diversification as it is for asset diversification. While investing in India alone can yield strong returns driven by a robust economy, expanding into global markets offers unique benefits that domestic equities alone would not be able to offer.

quick commerce channel in a bid to revive the trend of declining growth in the past year, multiple industry executives said.

Income increased to Rs 790.90 crore from Rs 690.21 crore in the year-ago quarter.

Foreign institutional investors (FIIs), who had sold Indian stocks worth about Rs 94,017 crore last month, continued to hit the sell button in November where the outflow was around Rs 23,398 crore in the first six trading sessions of the month. Till Thursday, FIIs were net sellers to the tune of Rs 19,994 crore, according to NSDL data. Friday's session saw foreigners offloading another Rs 3,404 crore.

IRCTC, CONCOR and Rites are among a host of other companies likely to remain in focus in the upcoming week as they are approaching their record dates for the purpose of dividends, bonus issues and stock splits. A record date is set by a company to decide shareholders eligible to receive offers. To be eligible for a buyback offer, bonus issue or a stock split, the shares should be in the demat account on the record date.

Canada’sunemployment rate held at 6.5 per cent in October as the economy added 15,000 jobs, Statistics Canada said on Friday.

Reasons to buyReasons to avoidThe MOREPEN GlucoOne Glucose Monitor Strips are designed for use with the Dr Morepen BG-03 Gluco-Glocometer. These strips are easy to use and provide accurate results within seconds.

Nifty on Friday with a minor lower shadow. Technically, this pattern indicates a choppy movement in the market. Having declined sharply from near the hurdle of 24,500 levels, one may expect further consolidation in the short term. The short-term trend of Nifty continues to be choppy. The next lower supports to be watched are around 23,800 levels. Immediate resistance is placed at 24,250 levels, said Nagaraj Shetti of HDFC Securities.

capital on Friday amid fresh buying by local jewellers and retailers for the wedding festivities, according to the All India Sarafa Association. The precious metal of 99.9 per cent purity had settled lower at Rs 79,500 per 10 grams on Thursday. Silver also jumped Rs 800 to Rs 94,600 per kg against the previous close of Rs 93,800 per kg.

Subscribe to enjoy similar stories. The appeal of momentum investing, with its "buy high, sell higher" mantra, has surged, challenging traditional investment norms. Yet, behind the simple idea lies a complex mechanism where fund size and trading volume can greatly influence success.

DLF Ltd. 1.71 per cent to Rs 789.35 in Friday's trade as of 11:38AM (IST). The stock hit a high price of Rs 817.30 and low of Rs 788.65 during the session. The return on equity (ROE) for the stock stood at 6.91 per cent. Traded volume on the counter stood at 11:38AM shares and turnover at Rs 2.17 crore around that time. The stock of DLF Ltd. quoted a 52-week high price of Rs 967.00 and 52-week low prices of Rs 591.25, respectively.

Marico Ltd. 0.0 per cent to Rs 631.80 in Friday's trade. It hit a high of Rs 636.25 and low of Rs 630.00 during the session. On the technical charts, the 200-DMA of the stock stood at Rs 601.85, while the 50-DMA was at Rs 670.26. 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.