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29.11 / 10:53
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Stock market today: Sensex jumps over 1%, Nifty ends above 20,000 led by banks, IT stocks; small, midcaps aid rally
BSE Sensex ended higher by 727.71 points or 1.10% at 66,901.91 level while the Nifty 50 closed at 20,096.60 level, up 206.90 points or 1.04%. For the first time since September 20, 2023, the Nifty 50 index rose by 0.60% to 20,008.45 points during morning trading.
29.11 / 10:53
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AMIC Forging Limited IPO: Check GMP, subscription status on day 1, other key details
₹121 to ₹126. Investors can bid for a minimum of 1000 shares and in multiples thereof.
29.11 / 09:53
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SGB vs Sensex: Ahead of gold bond redemption, which one shines brighter?
sovereign gold bond (SGB 2015-I) goes for redemption on Thursday. Its returns over the last eight years stand at 148%, which includes 20% in interest income accrued over this period.
29.11 / 08:47
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Stocks to buy: Manappuram Finance, Bharat Dynamics, IOL Chemicals among fundamental stock picks by HDFC Securities
global market cues. Broader markets supported the rally with the Nifty Midcap 100 index hitting record high level. The Nifty 50 index is now trading at ~20.3x FY24 and ~17.6x FY25 consensus EPS.
29.11 / 08:47
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Yatra Online shares on way for 28% upside amid industry tailwinds, margin improvement, says Antique Stock Broking
Easy Trip Planners. However, the brokerage house predicts that all three companies will profit from the growing tailwinds in the travel sector and will see an increase in their margins in the near future.
29.11 / 07:27
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Nifty crosses 20,000 for the first time since September; 5 key factors driving the rally
Tech Mahindra, HDFC Bank, Reliance Industries, among others lifted the market for the second consecutive session. The Nifty Midcap 100 index hit a record high, while Nifty 50 is now just 1% away from its all-time high of 20,222.45 hit on September 15. The BSE Sensex hit its all-time peak of 67,927.23 on the same day.
29.11 / 05:39
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IREDA share price makes stellar debut, stock lists at 56.25% premium at ₹50 on NSE
₹50 per share, 56.25% higher than the issue price of ₹32. Indian Renewable Energy Development Agency IPO (IREDA IPO) opened for subscription on Tuesday, November 21, and closed on Thursday, November 23. IREDA IPO price band was fixed in the range of ₹30 to ₹32 per equity share of face value of ₹10.
29.11 / 05:39
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Rupee rises 5 paise to 83.28 against US dollar in early trade
US Federal Reserve could start cutting rates by the first half of next year. Additionally, dovish statements from Fed officials and a mixed batch of economic data from the US will weigh on the dollar," ICICI Direct said in a note.
29.11 / 05:39
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Aster DM Healthcare share price jumps over 14% to a fresh 52-week high on sale of Gulf business
Aster DM Healthcare share price rallied over 14% to hit a fresh 52-week high on Wednesday after the company approved to sell its GCC (Gulf Cooperation Council) business for over $1 billion. Aster DM shares jumped as much as 14.83% to a new high of ₹382.00 apiece on the BSE. Hospital chain Aster DM Healthcare on Tuesday announced to separate its Gulf business and sell it to its Indian promoters (Moopen family) and a Dubai consortium for $1.001 billion.
29.11 / 03:21
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Meta will appeal US judge's ruling in privacy fight with FTC
Meta Platforms, which owns WhatsApp, Instagram and Facebook, said on Tuesday it would appeal a judge's ruling that a US regulator can seek to reduce the amount of money the social media company makes from users under 18. Judge Timothy Kelly of the US District Court for the District of Columbia denied a motion filed by Meta on Monday for the court to hear the dispute with the Federal Trade Commission (FTC).
29.11 / 03:05
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Nifty 50, Sensex today: What to expect from stock market indices in trade on November 29
global market cues. The trends on Gift Nifty also indicate a gap-up start for the Indian benchmark index. The Gift Nifty was trading around 20,031 level as compared to the Nifty futures’ previous close of 19,953.
29.11 / 03:05
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9 things that changed for the stock market overnight - Gift Nifty to dovish US Fed officials
US Federal Reserve will not raise interest rates further. On Tuesday, domestic frontline indices ended with gains as fag-end buying helped snap two-day losing run despite mixed global cues. The Sensex ended 204.16 points, or 0.31%, higher at 66,174.20, while the Nifty 50 gained 95.00 points, or 0.48%, to close at 19,889.70.
29.11 / 02:40
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Big movers on D-Street: What should investors do with NDTV, TCS and Suzlon?
Sensex rose 204 points to settle at 66,174 and Nifty gained 95 points to end at 19,889. Stocks that were in focus included names like NDTV, which rose 12%, TCS, which jumped 0.4%, and Suzlon Energy, whose shares declined 4% on Tuesday. Here's what Avdhut Bagkar, Derivatives and Technical Analyst at StoxBox, recommends investors should do with these stocks when the market resumes trading today. NDTV This is the first time post January of this year, the stock succeeded to cross its 200-simple moving average (SMA) set at 211. The current move, underpinned by robust volumes, implies sturdy underlying momentum that could attract move bulls going ahead.
28.11 / 08:45
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Fedbank Financial IPO share allotment to be finalised today. Here's how you can check status
Fedbank Financial IPO is expected to be finalised today. Investors will receive shares on a lottery basis and the whole process is being supervised by the registrar. On the allotment date, investors get to know about the number of shares allotted to them as against the bids made.
28.11 / 08:13
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Flair Writing IPO share allotment expected today. Here's how you can check status
Flair Writing IPO is expected to be finalised today. Investors will receive shares on a lottery basis and the whole process is supervised by the registrar. On the allotment date, investors get to know about the number of shares allotted to them as against the bids made.
28.11 / 08:01
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MCX share price touches 52-week high as board decides to recover technology costs for old platform from MCXCCL
₹2,934.95 apiece on BSE today. Multi Commodity Exchange of India share price touched an intraday high of ₹3,168 and an intraday low of ₹2,932.
28.11 / 07:13
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Kesoram Industries share price rises nearly 7% in the last three sessions; here's why
Kesoram Industries Ltd share price rallied by 5% on Tuesday's intraday trade following the company's announcement that it will hold a board meeting on Thursday, November 30, to withdraw its proposed scheme of arrangement with its arm, Cygnet Industries, and to look into options for the repayment or retirement of its existing Non-Convertible Debentures (NCDs). The company would withdraw its scheme of arrangement, which was proposed on May 22, with regards to separating the rayon business from the cement business.
28.11 / 07:13
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Stocks to buy this week: Bharti Airtel, Bharat Forge, DMart, Tata Teleservices among 12 technical picks; do you own any?
Axis Securities, the chart pattern suggests that if the Nifty crosses and sustains above 19,900, it would witness buying which would lead the index towards 20,000-20,200 levels. However, if the index breaks below the 19,650 level, it would witness selling, which would take the index towards 19,500-19,400, Axis Securities said. The brokerage firm pointed out that the weekly strength indicator RSI continues to remain flat, indicating the absence of strength.
28.11 / 05:07
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Arrowhead Seperation share price makes a tepid debut, stock lists at 7.3% premium at ₹250 on BSE SME
BSE SME. On BSE SME, Arrowhead Seperation share price today was listed at ₹250, 7.3% higher than the issue price of ₹233.
28.11 / 04:28
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F&O stocks to buy: NMDC, Bharat Forge among top 10 trading ideas for 28 November
The Nifty future closed negative with losses of 0.22% at 19825 levels on Friday. India VIX was up by 0.09% from 11.31 to 11.33 levels.
28.11 / 04:28
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F&O Ban: Granules India, BHEL among 7 stocks under trade ban on Tuesday
Balrampur Chini, Bharat Heavy Electricals (BHEL), Hindustan Petroleum Corporation (HPCL), Hindustan Copper, Indiabulls Housing Finance, Granules India and Zee Entertainment Enterprises (ZEEL). India Cements, MCX and Manappuram Finance have moved out of the ban. The Future & Options 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 index do not encounter a situation of security ban. The MWPL for Balrampur Chini stood at 87.8% on Friday with OI reported by Trendlyne at 5.9 million.
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