WhatsApp Financial News

Gautam Adani is now the 16th richest man globally. His rank rose three places in the Bloomberg Billionaires Index in less than a week, thanks to a stellar 30% gain in two sessions, which has seen his fortunes surge by over $4.41 billion. His wealth now stands at $70.2 billion.

Swan Energy jumped over 9% to the day's high of Rs 457.10 on the NSE on Tuesday while those of Sanghi Industries soared 5% to Rs 129.25 following separate block deals. In the case of Swan Energy, 8,499,319 shares were sold for Rs 414 per share according to the information available on the NSE. The stock saw significant volume action following the deal with nearly 87 lakh shares changing hands on the NSE around 10:10 am. The stock is trading near its 52-week high of Rs 463.80 which it hit on November 12, 2023.

«Yes,» says Mayank Arora, Advocate, Chambers of Bharat Chugh. «An individual can send or receive legal notice or other general notices such as money recovery notices or eviction notices through WhatsApp, email or any other electronic means.

Also Read: Swashthik Plascon Limited share price debuts with 40% premium at ₹120.10 on BSE SME The two fundamental stock picks by HDFC Securities Retail Research are Subros and CSB Bank. Subros is a leading thermal system manufacturer with the capability to manufacture compressors, condensers, hoses and tubes. For Subros, many new arrangements, technology improvement and technology upgrades have been in the pipeline.

BSE SME today. On BSE SME, the Swashthik Plascon share price was listed at ₹120.10, which is 39.65% higher than the issue price of ₹86.

Delta Corp, Indiabulls Housing Finance, The India Cements, 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. The Market Wide Position Limit (MWPL) for Delta Corp stood at 101.4% on Monday with OI reported by Trendlyne at 17.7 million.

Sensex surged 1,383.93 points, or 2.05%, to end at 68,865.12, while the Nifty closed 418.90 points, or 2.07%, higher at 20,686.80. “We expect market sentiment to strengthen further as the ongoing pre-election rally is quite strong now. Given the government’s focus approach towards long-term capex across key areas, we expect BFSI, Industrials, Real Estate, Auto and Consumer Discretionary to do well going forward," said Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd.

Catch Live Market Updates here The domestic benchmark indices ended at their record closing highs on Monday, witnessing the biggest one day rise in over one year. The Sensex surged 1,383.93 points, or 2.05%, to end at 68,865.12, while the Nifty closed 418.90 points, or 2.07%, higher at 20,686.80. Nifty 50 formed a long bull candle on the daily chart with a lower shadow.

₹133 to ₹140. Accent Microcell IPO lot size 1,000 shares.

₹70. Investors can bid for a minimum of 2000 shares and in multiples thereof.

Newgen Software Technologies share price rallied over 4% on Monday after foreign brokerage firm Jefferies raised target price on the stock. Newgen Software shares gained as much as 4.16% to ₹1,474.00 apiece on the BSE. Jefferies maintained a ‘Buy’ rating on Newgen Software Technologies and raised the target price to ₹1,740 per share, based on 35x PE, implying a PEG of 1.3x, from earlier ₹1,275.

Coal India, Honasa, Eicher, NTPC, HDFC Bank & ICICI Prudential Life Insurance at the cost of cash, Marico, Maruti Suzuki, Power Grid Corporation of India, NBFC. "Exciting news! Mint is now on WhatsApp Channels

BJP retained Madhya Pradesh and wrested Chhattisgarh and Rajasthan from the Congress in the state Assembly elections on Sunday, equity bulls found another reason to celebrate on Monday, with the Sensex zooming over 1,100 points. Both Sensex and Nifty are now at all-time high levels, with bulls gunning for newer peaks ahead of the Lok Sabha elections next year. The landslide victory for Street favourite BJP is not only seen as a validation of a favourable outcome in next year's poll but may also help the ruling party keep populism under check.

BSE share price has jumped more than 360% so far in 2023, giving multibagger returns to investors. The stock surged over 3% to hit a fresh 52-week high of ₹2,595.00 apiece on Monday, extending gains for the seventh straight day. Despite a stellar rally, BSE shares have more than 25% upside potential as the exchange is expected to deliver robust earnings on the back of increasing volumes in equity derivatives, according to brokerage firm Sharekhan.

Bharat Heavy Electricals Ltd (BHEL) has already secured 3GW of thermal orders in H1FY24, according to a recent report from domestic brokerage Nuvama Institutional Equities. An additional 7.4GW of thermal orders are presently being tendered for (awards by Q4FY24/Q1FY25).

megacap stocks that have been left behind in the 'madcap' rally in recent months. FIIs who had been bothered by the Indian market’s rich valuations and were hoping for a correction to build more substantial positions in the market may see those hopes evaporating, leaving them with the unsavory choice of either staying out of a market that may not correct or may continue to do well or entering the market at current levels despite their reservations about the market’s valuations in general, Kotak Equities said. «We expect some of the FPIs to follow the latter approach, especially as (1) valuations of the mega-cap stocks are still reasonable and (2) FPIs are likely to prefer investment in largecaps; they are unlikely to look at midcaps and smallcaps for both liquidity and valuation reasons,» said Sanjeev Prasad of Kotak. While many investors find Nifty's valuations rich, megacaps have been underperforming other largecaps, midcaps and smallcaps. Global brokerage firm Jefferies said BJP's win in the 3 state elections of MP, Rajasthan, and Chhattisgarh has boosted investor sentiment which should augur well for domestic cyclical sectors like banks, industrial, power, and real estate. «We had recently deployed the cash in our model portfolio, partly on our expectations of BJP's strong performance in state polls. The welfare announcements should help the „Bottom of Pyramid“ (BoP) demand recovery where we prefer Telecom and 2Ws over staples.

Bharatiya Janata Party (BJP) secured victory in three major states on Sunday, boosting the ruling party’s prospects of prevailing in next summer’s general election. Experts believe the market will see a healthy rally in the near term and most sectors will participate in it because of optimism over political stability and India's healthy macro outlook. On the technical front, Axis Securities said if Nifty crosses and sustains above 20,400 level, it would witness buying, leading the index towards 20,500-20,600 levels.

rupee settled at 83.29 against the dollar. “Indian rupee is expected to trade within a small range with a bit of appreciation bias as flows, IPOs, FDIs to continue after a spectacular win for the Prime Minister Narendra Modi in Hindi heartland.

Hindustan Aeronautics (HAL), GET&D, UltraTech Cement, ACC, JSW Steel, Maruti, Tata Motors, Hero MotoCorp, ICICI Bank, Bajaj Finance, Axis Bank, PFC, Shriram Housing Finance, Muthoot Finance, Havells, Kaynes, PG Electroplast, Dr. Reddy, Zydus Life, LTIMindtree, SBI Life, ICICI Lombard, Nippon Asset Management, Coromandel, Deepak Fertilisers, Gateway Distriparks, Mahindra Logistics, and PNC Infra.

The US Federal Reserve paused hiking interest rates and is cautiously optimistic about the economy. The Fed Rates are at 5-5.25%.

Tata Tech share price is falling today for the second session in a row as it fell to close at ₹1,220 on December 1. Tata Tech share price so far has touched an intraday high of ₹1,244.6 and an intraday low of ₹1,151.