WhatsApp Financial News
01.12 / 04:41
IPO
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Experts
band
share price
Flair Writing share price makes stellar debut, stock lists with 65% premium at ₹501 on NSE
₹501 per share, 64.8% higher than the issue price of ₹304, and on the BSE, Flair Writing shares were listed at ₹503 apiece. Experts in the market felt that Flair's share price would list at a significant premium.
01.12 / 04:41
economy
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Support
Nifty 50 hits all-time high led by banks, metals, auto stocks; small, midcaps support rally
BSE’s 30-share index Sensex was trading more than 300 points higher at 67,293, and was away over 600 points from its all-time high of 67,927.23 hit on September 15. Also Read: Day trading guide for stock market today: Six stocks to buy or sell on Friday — 1st December Stocks leading gains in Nifty 50 included Larsen & Toubro, NTPC, Asian Paints, ONGC and PowerGrid Corporation of India. In the past one month, the Nifty 50 index has jumped over 6.5%, while it is up more than 11.7% year-to-date (YTD).
01.12 / 04:41
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share price
TCS share price in focus as buyback opens today; should you tender your shares?
Tata Consultancy Services (TCS) share price will be in focus on Friday as the company’s share buyback programme opens today. TCS share buyback worth ₹17,000 crore will begin on December 1 and close on December 7. This will be the fifth share buyback from India’s largest IT services company.
30.11 / 13:27
IPO
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IPOs
In total 10 mainboard IPOs in November, 8 lists with premium; Tata Tech IPO tops the list; check details
Also Read: Tata Tech closes 165% higher on market debut: A look at 5 stocks that beat the Tata Group stock at listing gains "Exciting news! Mint is now on WhatsApp Channels
30.11 / 09:23
Reuters
ETF
Yellow
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country
reports
2024
Can gold price climb to $2,400 levels in 2024 — explained with 5 reasons
Also Read: Why silver outshined Nifty 50, gold in November 2023 — explained The projection of gold reaching $2,400 in 2024 is intricately tied to a complex web of economic, geopolitical, and market dynamics. These factors collectively paint a picture of gold as a resilient and sought-after asset, offering stability and value in the face of a myriad of global uncertainties, Kedia Advisory said in a report. Kedia lists out certain key factors that may lead to further rally in the gold prices.
30.11 / 09:23
IPO
Provident
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Marinetrans India IPO: Check latest GMP, subscription status on day 1, other key details
₹26. Investors can bid for a minimum of 4000 shares and in multiples thereof.
30.11 / 07:05
IPO
Booking
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Experts
track
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Tata Technologies leads the IPO bumper listing, Gandhar Oil, FedFina shares follow the suit
Tata Motors. Tata Technologies shares got listed at ₹1,200 apiece on NSE, a premium of 140% to the issue price of ₹500 per share. This was the best listing in the Indian stock market since November 2021.
30.11 / 06:57
FIVE
economy
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Bill
Experts
reports
5 factors that can propel Nifty 50 to fresh peaks in December
₹4,687 crore in November so far. State election outcomes, interest rate trajectory in the US, and geopolitical issues are some of the key factors that will move the market in December. "Favourable outcome of state elections, reinforcement of the belief that the top of rate hike cycle is behind us globally and any favourable development in the two geopolitical conflicts are some factors that can take the Nifty higher in December," said Deepak Jasani, Head Retail Research, HDFC Securities.
30.11 / 06:15
Metro
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share price
surges
week
Metro Brands share price surges nearly 9% to touch 52-week high on partnership with Foot Locker
Metro Brands share price jumped nearly 9% to touch a 52-week high on Thursday's trade following the company's announcement on Wednesday of a strategic partnership with New York-based specialty athletic retailer Foot Locker, Inc. Metro Brands share price opened at ₹1,371.50 apiece on BSE.
30.11 / 05:33
Yellow
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Experts
recommendations
Gold bond shines with 128% tax-free return in 8 years but a jeweller wins hands down
Gold Bond investors, who had made the right decision eight years ago, are elated as the safe haven has ended up delivering a solid tax-free return of 128% besides an annual 2.5% interest. But equity bulls betting on a gold jeweller, with over 844 branches at last count, have managed to outshine even the yellow metal with a fascinating 801% return. No points for guessing that the stock we are talking about is Titan, which runs four jewellery brands — Tanishq, Mia, Zoya and Caratlane.
30.11 / 05:15
Target
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innovations
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PVR-Inox gears up for strong December with Animal, Dunki, Sam Bahadur, other movie releases; shares may see 30% upside
PVR-Inox multiplexes after a muted start to the third quarter of FY24. Along with strong December occupancy, a gradual recovery in ad revenue and ramp up in margin-accretive segment would drive operating income of the company, analysts said. Nuvama Institutional Equities has reiterated a ‘Buy’ rating on PVR-Inox shares with a target price of ₹2,210 apiece, implying an upside of 30% from Wednesday’s closing price.
30.11 / 05:00
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performer
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Hot Stocks: Brokerages view on Ashok Leyland, Eicher Motors, Zomato and Shriram Finance
Ashok Leyland while Jefferies recommended a buy on Eicher Motors. Also, Kotak Institutional Equities had a buy rating on Zomato and Shriram Finance. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: CLSA on Ashok Leyland: Buy| Target Rs 238 CLSA maintained a buy rating on Ashok Leyland with a target price of Rs 238.
30.11 / 04:51
IPO
economy
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band
share price
Stellar debut: Rockingdeals Circular Economy Limited share price opens at 114% premium at ₹300 on NSE SME
₹300, which is 114.3% higher than the issue price of ₹140. Rockingdeals Circular Economy IPO opened for subscription on Wednesday, November 22, and closed on Friday, November 24.
30.11 / 04:47
IPO
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share price
Tata Technologies share price makes blockbuster debut, stock lists at 140% premium at ₹1,200 on NSE
₹1,200 per share, 140% higher than the issue price of ₹500, and on the BSE, Tata Technologies shares were listed at ₹1,199.95 apiece. Market analysts projected a huge premium on the back of market optimism, which further contributed to the public issue's benefits.
30.11 / 04:41
Target
Aviat
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recommendations
F&O stocks for today: Indigo, Tech Mahindra among top 3 trading ideas for 30 November
The S&P BSE Sensex rose more than 700 points while Nifty50 reclaimed the 20,000 mark on Wednesday. The Nifty future closed positive with gains of 0.48% at 19889 levels. Positive setup was seen in stocks like Hindalco, IOC, Tata Motors, NMDC, Bharti Airtel, MCX, PNB, Hind Petro, Tata Power, India Cements, MFSL and Adani Port. India VIX was up by 7.46% from 11.33 to 12.17 levels in the previous trading session.
30.11 / 04:41
IPO
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Experts
innovations
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Multibagger on Debut! Tata Technologies shares list at 140% premium over issue price
Tata Technologies listed at a premium of 140% (up Rs 700) on the exchanges on Thursday. The stock debuted at Rs 1200 on NSE and BSE as against an issue price of Rs 500. Ahead of the listing, the shares commanded a premium of Rs 406 in the unlisted market. Listing gains aside, analysts are quite bullish on the company even from a long-term perspective. «The company's global presence and expertise in engineering solutions have positioned it as a preferred partner for multinational corporations across diverse industries.
30.11 / 03:47
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Experts
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copper
F&O Ban: Hindustan Copper, Manappuram Finance under trade ban on Thursday
Hindustan Copper and Manappuram Finance while Balrampur Chini, Bharat Heavy Electricals (BHEL), Granules India, and Indiabulls Housing Finance have moved out of the ban. 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. MWPL for Hindustan Copper stood at 96.5% on Wednesday with OI reported by Trendlyne at 9.2 million.
30.11 / 02:47
Target
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Healthcare
Experts
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recommendations
Big movers on D-Street: What should investors do with Zomato, Aster DM Healthcare and Siemens?
Sensex rallied 727 points and Nifty closed above the 20,000 mark on Wednesday driven by buying in select heavyweights. Stocks that were in focus included names like Zomato, which rose 3.43%, Aster DM Healthcare, which jumped 18.14%, and Siemens, whose shares increased 1.03% on Wednesday. Here's what Riyank Arora, Technical Analyst at Mehta Equities, recommends investors should do with these stocks when the market resumes trading today. Zomato — Bullish The stock has retested the breakout zone between 113 and 115, forming a bullish pin bar at its support. With the overall structure looking positive and the stock consistently following a pattern of higher highs and higher lows, it appears poised to reach a target of 126 and 130, with a stop loss set at 110. Aster DM Healthcare — Bullish The stock has experienced a strong breakout above its significant resistance level at 371. Additionally, it has broken out above the upper band of its parallel channel, accompanied by a sharp spike in volumes. The overall momentum appears highly favorable for an upward move towards 450 and 475, with a suggested stop loss just below 350. Siemens — Bearish The stock has touched a critical resistance level of 3675 in today's trading session.
30.11 / 01:51
Reuters
economy
Remark
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Humana
Nikkei
reports
6 things that changed for the stock market overnight - Gift Nifty to US GDP data
Sensex rallied 727.71 points, or 1.10%, to 66,901.91, while the Nifty 50 closed at 20,096.60 level, up 206.90 points or 1.04%. “We expect the market momentum to sustain over the next few days. However, several important events including India GDP, monthly F&O expiry, state election exit polls and OPEC+ meeting on Thursday could induce some volatility over the last 2 days.
29.11 / 19:36
FIVE
Action
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Experts
Department
evacuation
Silkyara tunnel: Prime Minister's Office made sure everything went according to plan
Silkyara tunnel in Uttarakhand was coordinated by the Prime Minister's Office. The PMO made sure that everything went according to plan and its quick intervention in smoothening bureaucratic glitches hastened the evacuation process.
29.11 / 13:39
Blockchain
Adoption
Google
privacy
economy
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Podcast
Huddle01 CEO explains why communications tech must be decentralized
The means by which humans communicate and coordinate are ever-evolving. People went from sending smoke signals and messengers on horseback to sending letters and telegrams, and since the dawn of the digital era, the pace of innovation has exploded.
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