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Stock market update: Nifty Bank index 1.01% in a weak market
The Nifty Bank index was trading 1.01 per cent at 50115.85.28 minutes ago — Economic Times- Share market update: Most active stocks on D-Street today in terms of volume 28 minutes ago — Economic Times
- Sensex Today | Stock Market LIVE Updates: GIFT Nifty signals a negative start; Asian shares trade lower 28 minutes ago — Economic Times
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Voltas shares 0.7% as Sensex falls
On the technical charts, the RSI of the stock stood at 43.22.28 minutes ago — Economic Times- Divis Labs shares 1.33% as Nifty falls 28 minutes ago — Economic Times
- Indian Hotels shares 1.68% as Sensex falls 28 minutes ago — Economic Times
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Morgan Stanley on Chemicals: Remain overweight on Deepak Nitrite raise target for PI Industries
Morgan Stanley maintains a cautious stance on the chemical sector, retaining an "Overweight" rating for Deepak Nitrite but lowering its target price. The sector faces headwinds including pricing pressures and limited growth prospects. While demand shows some signs of recovery, pricing remains a challenge. Morgan Stanley favors Deepak Nitrite for its relative strength and potential in the long term.31 minutes ago — Economic Times -
Congress-INDIA will win in both Maharashtra & Jharkhand, but BJP may come to power via defections: Swaminathan Aiyar
Swaminathan Aiyar, Consulting Editor of ET Now, shared his insights on the Maharashtra and Jharkhand Assembly election exit polls, suggesting that while the BJP-led alliance might have a slight advantage in Maharashtra, the results remain uncertain. He highlighted the BJP's challenge with 'defector parties' and personally believes that the Congress-Uddhav Thackeray coalition might secure victory in both states.32 minutes ago — Economic Times -
U.S. court issues arrest warrant for Gautam Adani: report
According to ABC News, quoting court records, the arrest warant on Gautam Adani will be given to foreign law enforcement authories.34 minutes ago — The Hindu Business -
Eicher Motors Has Goldman Sachs Bullish As Product Launch Momentum Accelerates
Eicher is also poised for an export boost, with margins and average selling prices in international markets outperforming domestic levels, Goldman Sachs said.35 minutes ago — Bloomberg Quint -
Indus Towers Share Price Surges Following Supreme Court's Favorable Cenvat Credit Ruling
Indus Towers share price rose as much as 3.61% to Rs 340 apiece.39 minutes ago — Bloomberg Quint -
Stock market update: Stocks that hit 52-week highs on NSE
Jindal Poly Investm, Pearl Global, Power & Instrument, Tera Software and Sky Gold, hit their fresh 52-week highs at 09:59AM.39 minutes ago — Economic Times -
Brokerage Views: Goldman Sachs On Vodafone, Eicher, Morgan Stanley On Indian Hotels Co. And More
Here are all the top calls from analysts you need to know about on Thursday.44 minutes ago — Bloomberg Quint -
Cochin Shipyard, Honasa among 38 smallcaps that crashed up to 78% from 52-week highs
The Nifty 50 index recovered slightly after a seven-day losing streak, but the broader market, particularly small-cap stocks, witnessed significant declines. Some small-cap stocks plummeted by as much as 78% from their 52-week highs, reflecting a bearish market sentiment.44 minutes ago — Economic Times -
Adani bull GQG caught in cross-firing as shares crash 26%, may review portfolio
GQG Partners, an investment firm that heavily invested in Adani stocks, is reviewing its portfolio following U.S. prosecutors indicting Gautam Adani and others on bribery charges. GQG's shares plummeted 26% after the news, while Adani Group stocks fell by up to 20% in India.44 minutes ago — Economic Times -
Buy Lemon Tree Hotels, target price Rs 155: HDFC Securities
HDFC Securities has issued a buy call for Lemon Tree Hotels Ltd., setting a target price of Rs 155. Despite a recent dip in occupancy rates, the hotel chain's revenue and EBITDA saw significant year-over-year growth. HDFC Securities predicts strong growth for Lemon Tree Hotels, citing the company's ambitious expansion plans and focus on asset-light growth.48 minutes ago — Economic Times- Buy Glenmark Pharmaceuticals, target price Rs 1,779: Choice Equity Broking 48 minutes ago — Economic Times
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Rupee hits record low hurt by weak local equities, buoyant dollar
The Indian rupee hit an all-time low against a strengthening dollar, fueled by foreign investment exits and fading expectations of US interest rate cuts. Despite likely intervention by the Reserve Bank of India, the rupee weakened to 84.4225 per dollar. Indian equities also fell, impacted by losses in Adani Group stocks following fraud charges against its chairman.50 minutes ago — Economic Times -
Citi India Strategy: Nifty valuation reasonable post 10% correction; upgrades cement to overweight
Citi's latest India strategy report suggests that the recent market correction presents opportunities for long-term investors. While earnings show sectoral variations, Citi anticipates growth driven by public spending and rural demand. Despite strong domestic investments, continued FII selling remains a concern. Citi upgrades cement to "Overweight" and sets a cautiously optimistic Nifty target of 25,000 by September 2025.51 minutes ago — Economic Times -
Bitcoin breaks $95,000 for first time on optimism over Trump crypto plans
Bitcoin's march toward $100,000 made further ground on Thursday as investors bet on a friendlier U.S. regulatory approach to cryptocurrencies under President-elect Donald Trump51 minutes ago — The Hindu Business -
PSP Projects shares dip 9% as Adani Infra to buy 30% stake in company
Adani Infra is set to acquire a 30.07% stake in PSP Projects from existing shareholder Prahladbhai S. Patel. The deal aims to boost PSP Projects' growth in the Indian infrastructure sector, with Adani planning significant investments. PSP Projects will retain its current leadership, but Adani Infra will gain equal board representation.57 minutes ago — Economic Times -
Bharti Airtel shares in focus as co awards multi-billion extension deal to Nokia
Bharti Airtel has signed a major deal with Nokia. Nokia will deploy 4G and 5G equipment in major Indian cities. This will enhance Airtel's network capacity and coverage. The deal also includes modernizing Airtel's existing 4G network. Airtel will use Nokia's network management system for intelligent monitoring. This partnership aims to provide customers with an unparalleled user experience.1 hour ago — Economic Times -
Vodafone Idea Needs 160% ARPU Surge To Sustain Free Cash Flow, Says Goldman Sachs
Vodafone Idea reported a meek 5.6% rise in average revenue per use in the July-September quarter.1 hour ago — Bloomberg Quint -
Buy Suzlon Energy, target price Rs 68: Geojit Financial Services
Suzlon Share Price: Geojit Financial Services has issued a buy call for Suzlon Energy, setting a target price of Rs 68. They project a 67% CAGR in WTG deliveries for FY24-27E, driven by anticipated growth in Indian wind installations. Geojit cites attractive valuations, recent order wins, and the acquisition of Renom Energy as key drivers for their positive outlook.1 hour ago — Economic Times- Buy Glenmark Pharmaceuticals, target price Rs 1,779: Choice Equity Broking 1 hour ago — Economic Times
- Neutral on Swiggy, target price Rs 475: Motilal Oswal Financial Services 1 hour ago — Economic Times
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These 4 stocks saw a high increase in futures open interest
On November 19, Indraprastha Gas, Mahanagar Gas, SBI Life Insurance, and Bharat Forge saw a notable increase in futures open interest, signaling rising market activity and potential future price movements.1 hour ago — Economic Times -
Sensex resumes fall after 1-day break, sinks 700 pts, Nifty below 23,300; Adani stocks bleed
Indian indices Sensex and Nifty50 opened lower, impacted by Adani stocks' decline following bribery and fraud allegations.1 hour ago — Economic Times -
Hot Stocks: Brokerage sees 18-20% in Paytm & Eicher Motors; Investec sees over 50% upside in Adani Energy
Investec has initiated coverage on Adani Energy with a "Buy" recommendation, citing significant opportunities in the transmission and smart metering segments1 hour ago — Economic Times -
Bullish Momentum: 5 stocks with White Marubozu Pattern on Nov 19
Five Nifty500 stocks, including Vijaya Diagnostic, Kalyan Jewellers, and Granules India, formed a bullish "White Marubozu" pattern on November 19, signaling strong buying pressure and potential future price gains.1 hour ago — Economic Times -
F&O Radar| Deploy Bear Put Spread in Nifty to gain from bearish to range-bound stance
The Nifty index experienced volatility, closing lower after erasing early gains. Analysts suggest weakness may persist, with support levels at 23,350 and 23,200. A Bear Put Spread strategy is recommended to capitalize on the anticipated downward movement.1 hour ago — Economic Times -
Rupee Opens Flat Against Dollar As RBI Continues Intervention
The rupee opened little changed at Rs 84.41, according to Bloomberg data.1 hour ago — Bloomberg Quint -
GE Shipping's Near-Term Performance To Be Affected By Sluggish Market Conditions, Says CFO
While crude freight rates are not too weak at the moment, product tanker freight rates have been under pressure, according to GE Shipping CFO G Shivakumar.1 hour ago — Bloomberg Quint -
Indian Market Could See Cyclical Slowdown In 2025 But Key Sectors Offer Opportunities: EM Equity Strategy
EM maintained a tactically neutral stance on Indian equities overall, but favours select sectors that offer higher earnings visibility.1 hour ago — Bloomberg Quint -
India drops two places but remains among top 10 climate performers: Report
The Climate Change Performance Index report leaves the first three places empty followed by Denmark and the Netherlands while the largest two emitters, China and the U.S., remain very low at 55th and 57th place, respectively1 hour ago — The Hindu Business -
Enviro Infra Engineers Hopeful Of Healthy Order Book After Listing
Managing DIrector Manish Jain hopes to capitalise on schemes like Namami Gange, Amrut Scheme, and the National River Conservation Plan.1 hour ago — Bloomberg Quint -
Sky Gold MD Expects Ebitda Margin To Cross 5% In Next Four Quarters, PAT To Rise
Addition of two new clients and the company's gold loan foray were among factors that Mangesh Chauhan said will lead to improvement of Ebitda margin and PAT.1 hour ago — Bloomberg Quint -
Gautam Adani charged with bribery scheme LIVE updates: Adani dollar bonds tumble
The U.S. Securities and Exchange Commission (SEC) has charged billionaire Gautam Adani, founder and chairman of the Adani Group, with allegedly defrauding American investors and bribing officials1.5 hours ago — The Hindu Business- Gautam Adani charged with defrauding investors; hiding plan to bribe Indian officials, says U.S. 1.5 hours ago — The Hindu Business
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JSW Steel shares in focus on emerging preferred bidder for Codli mineral block XII in Goa
JSW Steel shares are expected to be in focus on Thursday after the company announced that it has been declared the preferred bidder for Codli Mineral Block XII in Dharbandora, Goa. The company submitted the highest final offer, valued at 92.60% of the mineral dispatched.1.5 hours ago — Economic Times- Vedanta shares in focus as subsidiary partners with GAIL Gas for sustainable aluminium production 1.5 hours ago — Economic Times
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Gautam Adani indicted in U.S. with bribery; bond deal pulled
Mr. Adani and seven other defendants, including his nephew Sagar Adani, agreed to pay about $265 million in bribes to Indian government officials to obtain contract1.5 hours ago — The Hindu Business -
Transformers And Rectifiers India Expects Recent Acquisition To Improve Margin
MD Satyen Mamtora said as CRGO steel comprises 30% of the company's raw material, it will be able to use it in the production of transformers.1.5 hours ago — Bloomberg Quint -
ETMarkets Smart Talk: IT and Financials: The sectors to watch amid moderate market returns
The earnings print in the recently reported quarter were not exciting. Input cost moderation led to strong earnings growth in FY24. Considering the high base, a meaningful improvement in volume is required to sustain the earnings momentum.1.5 hours ago — Economic Times -
Stocks to buy today: Varun Beverages, IndiGo among top 8 trading ideas for 21 November 2024
The Indian market is expected to consolidate on November 21, 2024, due to muted global cues. Nifty futures closed with a slight loss on Tuesday, and the market was shut on Wednesday. Experts recommend stocks like Varun Beverages, Coromandel International, Tech Mahindra, and Indigo as top trading ideas, with specific targets and stop-loss levels for short-term traders.1.5 hours ago — Economic Times -
It's Trent Trending As Nykaa, Titan, And Dmart Follow, Indicates Morgan Stanley Report
The brokerage noted that companies have a lot to look forward to in the second half of the fiscal on account of the bulk of festive and wedding dates coming up.1.5 hours ago — Bloomberg Quint -
Gold Prices Cross Rs 76,000, Global Rates Spike Amid Geo-Political Tension
Gold prices in the global and the domestic markets have both rebounded from lows.1.5 hours ago — Bloomberg Quint -
Allcargo Group's Ravi Jakhar Expects Restructuring To Boost Growth Of Express Unit
Group Chief Strategy Officer Ravi Jakhar also believes that the restructuring will lead to the express business gaining market share.1.5 hours ago — Bloomberg Quint -
Adani Energy acquires 100% stake in Pune-III Transmission
Adani Energy Solutions has acquired a 100% stake in Pune-III Transmission Limited (PTL) through a Share Purchase Agreement with PFC Consulting. The acquisition aligns with Adani Energy’s strategy to boost shareholder value and supports renewable energy evacuation from Khavda RE Park. PTL’s projects include establishing high-voltage substations and a 322 km transmission line.1.5 hours ago — Economic Times -
IHCL’s New Brands Key To Achieve Ambitious Growth Plan Over Next Five Years
CEO Puneet Chhatwal expects many of the company's newer brands to mature and contribute to its growth in this period.1.5 hours ago — Bloomberg Quint -
Wedding Season May Offer Just Fleeting Relief To Struggling Retailers
The $130-billion Indian wedding industry ranks second after food and grocery, and is a significant driver of discretionary consumption.1.5 hours ago — Bloomberg Quint -
CIEL HR Services files DRHP with SEBI, plans to raise Rs 335 crore via fresh issue
CIEL HR Services has filed for an IPO to raise funds through a fresh issue and an offer for sale. The company plans to use the proceeds for acquisitions, investments, and working capital. CIEL HR, promoted by Pandiarajan Karuppasamy, offers a range of HR services and technology platforms to various sectors.2 hours ago — Economic Times -
ONGC Share Price Live Updates: ONGC's stock performance: Rs 248.0 close and monthly downturn
- HDFC Life Share Price Live Updates: HDFC Life's stock finished at Rs 680.4 on the previous trading day, with a -2.56% return for the month. 2 hours ago — Economic Times
- Cipla Share Price Live Updates: Cipla's stock price update 2 hours ago — Economic Times
- UltraTech Cem Share Price Live Updates: UltraTech Cement trading update 2 hours ago — Economic Times
- Divis Labs Share Price Live Updates: Divis Labs shares 1.33% as Nifty falls 2 hours ago — Economic Times
- UPL Share Price Live Updates: UPL's previous close at Rs 546.8 indicates steady returns 2 hours ago — Economic Times
- TCS Share Price Live Updates: TCS stock closes at Rs 4039.55 2 hours ago — Economic Times
- Eicher Motors Share Price Live Updates: Eicher Motors shows positive monthly performance 2 hours ago — Economic Times
- HUL Share Price Live Updates: HUL shares close at Rs 2410.35 2 hours ago — Economic Times
- ICICI Bank Share Price Live Updates: ICICI Bank's Market Performance 2 hours ago — Economic Times
- Tata Motors Share Price Live Updates: Tata Motors struggles with stock performance 2 hours ago — Economic Times
- Adani Ports SEZ Share Price Live Updates: Adani Ports SEZ Shares Face Significant Drop 2 hours ago — Economic Times
- Sun Pharma Share Price Live Updates: Sun Pharma's Market Performance 2 hours ago — Economic Times
- Power Grid Share Price Live Updates: Power Grid's monthly return analysis 2 hours ago — Economic Times
- RIL Share Price Live Updates: RIL's Closing Price Analysis 2 hours ago — Economic Times
- Tata Consumer Share Price Live Updates: Tata Consumer's Monthly Returns 2 hours ago — Economic Times
- Bajaj Auto Share Price Live Updates: Bajaj Auto's Performance Overview 2 hours ago — Economic Times
- Jio Financial Services Share Price Live Updates: Jio Financial Services sees Rs 319.35 close 2 hours ago — Economic Times
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JSW Steel Share Price Live Updates: JSW Steel shares in focus on emerging preferred bidder for Codli mineral block XII in Goa
- HDFC Life Share Price Live Updates: HDFC Life's stock finished at Rs 680.4 on the previous trading day, with a -2.56% return for the month. 2 hours ago — Economic Times
- Cipla Share Price Live Updates: Cipla's stock price update 2 hours ago — Economic Times
- UltraTech Cem Share Price Live Updates: UltraTech Cement trading update 2 hours ago — Economic Times
- Divis Labs Share Price Live Updates: Divis Labs shares 1.33% as Nifty falls 2 hours ago — Economic Times
- TCS Share Price Live Updates: TCS stock closes at Rs 4039.55 2 hours ago — Economic Times
- Eicher Motors Share Price Live Updates: Eicher Motors shows positive monthly performance 2 hours ago — Economic Times
- Tech Mahindra Share Price Live Updates: Stocks to buy today: Varun Beverages, IndiGo among top 8 trading ideas for 21 November 2024 2 hours ago — Economic Times
- HUL Share Price Live Updates: HUL shares close at Rs 2410.35 2 hours ago — Economic Times
- ICICI Bank Share Price Live Updates: ICICI Bank's Market Performance 2 hours ago — Economic Times
- Tata Motors Share Price Live Updates: Tata Motors struggles with stock performance 2 hours ago — Economic Times
- Adani Ports SEZ Share Price Live Updates: Adani Ports SEZ Shares Face Significant Drop 2 hours ago — Economic Times
- Sun Pharma Share Price Live Updates: Sun Pharma's Market Performance 2 hours ago — Economic Times
- Power Grid Share Price Live Updates: Power Grid's monthly return analysis 2 hours ago — Economic Times
- RIL Share Price Live Updates: RIL's Closing Price Analysis 2 hours ago — Economic Times
- Tata Consumer Share Price Live Updates: Tata Consumer's Monthly Returns 2 hours ago — Economic Times
- Bajaj Auto Share Price Live Updates: Bajaj Auto's Performance Overview 2 hours ago — Economic Times
- Jio Financial Services Share Price Live Updates: Jio Financial Services sees Rs 319.35 close 2 hours ago — Economic Times
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Parle Agro Sees Profit Fall 89% in FY24 Due To Sin Tax On Sugary Drinks
Parle Agro's portfolio includes Frooti, Appy Fizz, Smoodh, Frio, Dhishoom, and Bailley.2 hours ago — Bloomberg Quint -
Market bottom not yet formed; betting on HDFC Bank to outperform: Nischal Maheshwari
Market expert Nischal Maheshwari believes HDFC Bank is poised to outperform after a period of underperformance. He notes the bank's strong recent performance and expects it to surpass ICICI Bank as a leader in the private banking sector. Maheshwari also shares his insights on various stocks and sectors, including Tata Motors, travel and tourism, and BPC companies.2 hours ago — Economic Times -
Positive Breakout: These 5 stocks close cross above their 200 DMAs
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Adani Group stocks in focus after Gautam Adani indicted in US over role in alleged bribery, fraud
Stocks of Adani Group companies are expected to attract attention on Thursday following reports that Gautam Adani, the head of India's Adani Group, along with seven others, faces charges in the United States related to a multibillion-dollar bribery and fraud scheme.2.5 hours ago — Economic Times- Adani dollar bonds tumble after US bribery charges 2.5 hours ago — Economic Times
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UPL shares in focus on plans to raise Rs 3,378 crore via rights issue
UPL announced a rights issue to raise Rs 3,378 crore, offering shares at a 34% discount. The move aims to reduce debt, enhance liquidity, and fund strategic growth. This comes as the company reported a second-quarter net loss of Rs 443 crore despite a 22.3% rise in revenue.2.5 hours ago — Economic Times- UPL plans to raise up to Rs 3,378 crore via rights issue 2.5 hours ago — Economic Times
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Vikash Kumar Jain sees short-term rally in India despite geopolitical and macro challenges
The discussion is more about whether this is the right entry point or there is more that we could see to get a better entry point, I think that is really what the discussion has moved to.2.5 hours ago — Economic Times -
Godrej Properties shares to remain in focus after co acquires 53 acre land in Kolkata
Godrej Properties has acquired a 53-acre land parcel in Kolkata, aiming to develop a residential plotted project with a revenue potential of Rs 500 crore. The project, located in Joka, is expected to offer 1.3 million square feet of saleable area. Godrej Properties' shares closed higher on the BSE following the announcement.2.5 hours ago — Economic Times -
Adani scraps $600 million bond, other notes drop on US charges
Adani Group canceled a $600 million bond offering after US prosecutors accused founder Gautam Adani of bribery. The charges allege Adani promised over $250 million in bribes to secure solar energy contracts.2.5 hours ago — Economic Times -
Fed governors stake out competing views of inflation risk
Federal Reserve Governors Michelle Bowman and Lisa Cook expressed differing views on future monetary policy. While Bowman urged caution due to persistent inflation, Cook expressed confidence in continued easing of price pressures. Their perspectives highlight the factors influencing the Fed's decision on a potential interest rate cut at its December meeting.2.5 hours ago — Economic Times -
12 stocks to trade ex-dividend from Friday. Last chance to buy for eligibility
Twelve companies, including Orient Technologies and Steelcast, have set November 22nd as the ex-dividend date. Investors looking to receive dividends from these companies must purchase shares before this date. The article lists each company and their respective dividend amounts.2.5 hours ago — Economic Times -
Lamosaic India IPO opens today: Check issue size, GMP, price band and other details
Lamosaic India's SME IPO, aiming to raise Rs 61.2 crore, opened for subscription on November 21st and will close on November 26th. The company, specializing in building materials, plans to list its shares on the NSE SME platform with a share price of Rs 200 apiece. The proceeds will be utilized for debt repayment, working capital, and future growth initiatives.2.5 hours ago — Economic Times -
Zinka Logistics shares to debut today. Here's what GMP indicates
Zinka Logistics is set to debut on the stock market with a flat premium. The company's IPO was met with a decent response from investors. Zinka Logistics aims to revolutionize India's trucking industry with its BlackBuck app, which provides a range of services for truck operators, including payments, telematics, and load management.2.5 hours ago — Economic Times -
NTPC Green Energy IPO Day 2: GMP, Price Band, Subscription, Key Dates and Review
NTPC Green Energy's IPO, seeking to raise Rs 10,000 crore, has received a 33% subscription so far. Retail investors showed strong interest, subscribing 1.33 times the allotted quota. Analysts are optimistic about the company's growth potential in the renewable energy sector and recommend subscribing to the issue.3 hours ago — Economic Times -
Stock Market Live: GIFT Nifty Trades Below 23,600; Tata Power, Bajaj Auto, M&M, JSW Steel In Focus
Stay tuned for the latest on Indian stock market. GIFT Nifty was trading 78 points or 0.3% lower at 23,575.50 as of 7:21 a.m.3 hours ago — Bloomberg Quint -
Vodafone Idea, Bharti Airtel shares in focus today after SC allows tax credit claims on infra duties
The Supreme Court of India has ruled that telecom companies can claim tax credits for duties paid on equipment like tower components and shelters. This decision overturns a previous Bombay High Court ruling and is expected to provide significant financial relief to companies like Bharti Airtel and Vodafone Idea by allowing them to claim credits previously deemed ineligible.3 hours ago — Economic Times -
Nvidia's AI chip demand still booming but slowing sales growth worries investors
Nvidia, the world's most valuable firm, predicted its slowest revenue growth in seven quarters, falling short of investor expectations. Despite exceeding initial sales projections for its new AI chips, supply chain issues and high demand are impacting the company's growth and margins. While Nvidia's third-quarter earnings surpassed estimates, its data center segment experienced slower growth.3 hours ago — Economic Times -
Bitcoin breaks above $95,000 for the first time
Bitcoin hit a record Thursday, topping $95,000 for the first time as it benefits from expectations that president-elect Donald Trump will push through measures to ease regulation of the unit. The digital currency hit $95,004.50 in early Asian trade, with observers expecting it to soon reach $100,000. dan/cwl3 hours ago — Economic Times -
Nvidia is Wall Street's most valuable company. How it got there, by the numbers
Nvidia surpassed Wall Street predictions, reporting doubled revenue due to high demand for its semiconductors used in AI. The company anticipates further growth. Nvidia's market value reached $3.579 trillion, regaining the top position in the S&P 500. Its data center business revenue surged by 112%. Analysts project Nvidia's revenue to reach $126.5 billion by fiscal year 2025.3 hours ago — Economic Times -
Oil prices firm as geopolitical tensions raise supply concerns
Oil prices saw a slight increase on Thursday due to escalating tensions between Russia and Ukraine, raising supply concerns. Despite increased U.S. crude stocks and restored output at a North Sea oilfield, the potential for OPEC+ to delay planned production increases due to weak global demand further fueled market uncertainty.3 hours ago — Economic Times -
Dollar pulls ahead as markets focus on Trump policies, Fed outlook
The U.S. dollar strengthened as traders awaited clarity on President-elect Trump's policies and the Federal Reserve's interest rate plans. The dollar's rise was fueled by speculation that Trump's policies could boost inflation. Meanwhile, the euro weakened amid concerns about potential trade tariffs and the Russia-Ukraine conflict.3 hours ago — Economic Times -
Gold extends gains on Russia-Ukraine jitters
Gold prices edged up for a fourth day, driven by safe-haven demand amid escalating Russia-Ukraine conflict and uncertainty surrounding U.S. interest rates. While Ukraine deployed Western missiles against Russia, investors awaited U.S. jobless claims data and Fed officials' remarks for clues on future rate decisions.3 hours ago — Economic Times -
Wall Street ends mixed, Nvidia shares slip after the bell
The Nasdaq dipped on Wednesday, halting its previous rally, as investors reacted to heightened Russia-Ukraine tensions and disappointing Target earnings. Meanwhile, the Dow and S&P 500 saw modest gains. Market sentiment was also influenced by anticipation surrounding Nvidia's earnings, which were released after the closing bell.3 hours ago — Economic Times -
Maruti stock found support at lower band of Broadening Rising Wedge; time to buy?
- 8 hybrid mutual funds that gained over 25% in the past year 3 hours ago — Economic Times
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Stock To Watch: Tata Power, PSP Projects, NLC India, JSW Steel, Power Grid
Mahindra and Mahindra, Garden Reach Shipbuilders and Engineers are other stocks to watch.3.5 hours ago — Bloomberg Quint -
The secret behind Shaktikanta Das’ unmatched RBI streak
An explainer on why RBI Governor Shaktikanta Das may get a third term.3.5 hours ago — Finshots -
Nvidia Says New Chip Remains On Track After Forecast Disappoints
Nvidia’s biggest division, the data center unit, saw revenue double from a year earlier to $30.8 billion. That beat Wall Street estimates.3.5 hours ago — Bloomberg Quint -
GIFT Nifty down 75 points; here's the trading setup for today's session
The 23,780-23,800 range will serve as critical resistance for the index. On the downside, the 50-weekly simple moving average (WSMA) is placed near 23,300, which will provide short-term support for the index. Overall, the short-term trend is down till index remains below 23,800, said Hrishikesh Yedve of Asit C Mehta Investment Interrmediates.3.5 hours ago — Economic Times -
Stocks in news: Airtel, Vedanta, Godfrey Phillips, UPL, Adani Enterprises
Fitch Ratings has maintained its 'B-' rating for Vedanta Resources Ltd (VRL), the parent of Vedanta, while assigning a positive outlook that signals potential upward momentum.3.5 hours ago — Economic Times -
Asian stocks dip as Nvidia results fail to impress
Shares in Japan and South Korea fell alongside Hong Kong equity futures. Contracts for US benchmarks declined Thursday in Asian trading after falling on Nvidia earnings. The chip giant met third-quarter revenue and earnings expectations, but failed to meet the highest estimates for future revenue. Shares in Australia were slightly higher.4 hours ago — Economic Times -
Zinka Logistics Share Price Listing Live: Zinka Logistics shares to debut today| Check GMP, Subscription, Key Dates and Review
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UBS joins GS in forecasting gold's rally isn't over yet
There's likely to be a period of consolidation due to the stronger dollar and concerns over the potential for more US fiscal stimulus to lead to higher rates before the precious metal starts climbing again, UBS analysts including Levi Spry and Lachlan Shaw said in a note. Bullion would rise a little further, to $2,950 an ounce, by the end of 2026, they said.4 hours ago — Economic Times -
Asian Stocks Slip After Nvidia’s Revenue Forecast Fails To Cheer Investors
Nvidia said that its fiscal fourth-quarter sales will be about $37.5 billion against the highest estimate of $41 billion4 hours ago — Bloomberg Quint -
Vedanta Resources may raise $1.2 billion to refinance debt
The company is in talks with investors to raise $500 million in the coming weeks through a bond issue to partly refinance $606 million of outstanding 13.875% notes maturing in 2028. This is a re-tap of the bonds raised in September and the instrument is likely to be priced around 10.2%, where the bond is trading.4 hours ago — Economic Times -
BoB, Axis plan to raise Rs 6,500 crore via bond issues
State-run Bank of Baroda will likely offer tier-2 bonds worth ₹3,500 crore for 15 years, while private lender Axis Bank is looking at raising ₹3,000 crore through tier-1 bonds.4.5 hours ago — Economic Times -
Stock Market Today: All You Need To Know Going Into Trade On Nov. 21
Stocks in the news, big brokerage calls of the day, complete trade setup and much more!4.5 hours ago — Bloomberg Quint -
Affluent investors too feel the pinch as markets turn wobbly from lofty highs
According to data from primeinfobase.com, the value of the portfolios of Radhakishan Damani, Rakesh Jhunjhunwala's family, Ashish Dhawan and Nemish Shah, among others, fell amid the 10% decline in the Nifty since Sept 27.4.5 hours ago — Economic Times -
Axis, KIMS among HSBC’s 12 ‘actionable’ stock ideas in Asia
“We believe Asia in 2025 will look very different from what it did in the past few years,” said HSBC’s analysts. “Mainland China is turning a corner, India is slowing, ASEAN is investing in new infrastructure, and, in North Asia, the story is all about AI and returning cash to shareholders through dividends and share buybacks.4.5 hours ago — Economic Times -
$94,000 Bitcoin hits fresh record high
"Trump's seeming interest to push further into crypto on a personal level has contributed to optimism that crypto will be a top priority when Trump takes office," said Stephane Ouellette, chief executive officer of crypto trading firm FRNT Financial.5 hours ago — Economic Times -
Fewer stocks suffer deep cuts in the current selloff
The study compared how many stocks fell by what extent whenever the benchmark indices fell at least 10% from their highs. In the past decade, the Nifty has fallen at least 10% from its highs on at least six occasions (including the current one). In most of these instances, more mid-cap and small-cap stocks have fallen at least 30% than in the ongoing declines.5 hours ago — Economic Times -
Adani Green Energy raises $600 million via 20-year bonds
The company priced the bond at 7.45% and the proceeds of the issue will be used to refinance existing loan facilities of the company. The pricing of these bonds is much higher than the 7% targeted by Adani Green in the issue that was pulled out ultimately on October 15. Bankers said the more expensive pricing reflects the rise in the benchmark US treasury yield since that date.5 hours ago — Economic Times -
DPIIT approves RCap's acquisition by IndusInd International Holdings
The Department for Promotion of Industry and Internal Trade (DPIIT) has given the green light to the ₹10,000-crore acquisition of Reliance Capital by IndusInd International Holdings (IIHL). This approval clears the final regulatory hurdle for the deal.10 hours ago — Economic Times -
Banks seek more collateral for Vi LCs, putting its upgrade plans in jeopardy
Vodafone Idea's network upgrade plans face potential delays as banks demand additional collateral for issuing letters of credit to equipment suppliers. Despite claims of sufficient funds for the fiscal year, banks remain cautious due to Vi's substantial debt, including AGR dues. This situation could hinder Vi's ability to compete effectively with rivals like Jio and Airtel.10 hours ago — Economic Times -
Country Club plans global foray through franchise route
10.5 hours ago — The Hindu Business -
‘Chola Securities being revamped to achieve ₹100 crore gross profit in 5 years’
10.5 hours ago — The Hindu Business -
Inflation spilling over, private capex lacklustre: RBI Bulletin
11 hours ago — The Hindu Business -
Majority of steel imports under FTAs, making any duty hike ineffective, says steel secy
There is a genuine problem and the Ministry is aware of that, Mr. Poundrik said adding that there are multiple ways to protect the domestic industry but the only problem is that 62% of imports are from FTA countries11 hours ago — The Hindu Business -
RBI warns unchecked inflation could harm India's real economy, despite strong growth outlook
Despite festive spending and a recovering agricultural sector boosting the Indian economy, rising inflation threatens to undermine growth, particularly in industry and exports, according to RBI researchers. While financial markets experience corrections due to a strengthening US dollar and foreign investment outflows, the RBI remains committed to price stability and growth.11.5 hours ago — Economic Times -
Telcos can claim CENVAT credit for towers, shelters: SC
Mobile towers and pre-fabricated buildings fall within the definition of ‘capital goods’ or ‘inputs’ under CENVAT Rules; assessees entitled to credit on excise duties paid on these goods: apex court12 hours ago — The Hindu Business -
Overregulation of technology could stifle innovation: USIBC
12.5 hours ago — The Hindu Business -
London Tops World's Best Cities Ranking 2025, Indian Cities Fail To Qualify
While the United States is in the lead with 36 cities in the Top 100, Canada comes in a distant second with six cities and Cape Town and Rio de Janeiro make a mark as new entrants to the 2025 ranking.12.5 hours ago — Bloomberg Quint -
NCLT Stays Aakash's EGM Resolution To Amend Articles Of Association
The petitioners, including Singapore VII Topco I, which hold 6.97% of stake in Aakash Institute, alleged that their rights and interests were being oppressed.12.5 hours ago — Bloomberg Quint -
Government Finalising City Logistics Plans For Delhi, Bengaluru To Reduce Congestion, Pollution
DPIIT has finalised city logistics plans for Delhi and Bengaluru to reduce traffic congestion, improve mobility, and lower pollution levels in the two cities.12.5 hours ago — Bloomberg Quint -
Apple India's Profit Soars To Rs 2,745 Crore In FY24
Apple India's profit rose 23% to Rs 2,745 crore in FY24, with revenue growing 35% to Rs 66,727.7 crore, reflecting its expanding market influence and investment in India.13 hours ago — Bloomberg Quint -
Real Estate Prices In Delhi-NCR Rise 56% To Rs 1.45 Crore In H1 FY25, Says Anarock Research
According to the Anarock report, in the first half of the current financial year approximately 32,120 units worth Rs 46,611 crore were sold in Delhi-NCR.14 hours ago — Bloomberg Quint -
Ahead of Market: 10 things that will decide D-Street action on Thursday
The Indian benchmark Nifty 50 ended a seven-day losing streak, driven by gains in HDFC Bank and Mahindra & Mahindra. The market saw a short-term relief rally after slipping into correction territory. Despite the rise, analysts remained cautious, highlighting potential volatility and resistance levels.14 hours ago — Economic Times -
US stocks open subdued ahead of Nvidia earnings
The Dow Jones Industrial Average rose 27.1 points, or 0.06%, at the open to 43,296.05.14.5 hours ago — Economic Times -
Sustainable Growth Through Collective Action: A Blueprint For Industry-Led Water Management
In countries like India, where economic growth is tied to environmental sustainability, effective resource management is a business imperative.14.5 hours ago — Bloomberg Quint -
Your Guide To FII Positions For Nov. 21 Trade
The FIIs sold index options worth Rs 11,111 crore, while they bought stock futures worth Rs 5,175 crore, index futures worth Rs 1,983 crore, and stock options worth Rs 1,321 crore.15.5 hours ago — Bloomberg Quint -
Tata Sons Faces IPO Uncertainty With RBI Deliberating On CIC Surrender Plea
Tata Sons submitted its application to surrender its core investment company registration to the Reserve Bank of India.16 hours ago — Bloomberg Quint -
Rishad Premji Bats For Work-Life Balance Even As Narayana Murthy Reaffirms 70-Hour Workweek Stand
Rishad Premji, while voicing his support for work-life balance, said a hybrid work model helps the workforce.16 hours ago — Bloomberg Quint -
'Join Us For...': Jaguar Responds To Elon Musk Mocking Its New Logo
Jaguar's new ad surprisingly did not feature any of the company's luxury vehicles, confusing netizens and drawing the satirical comment from Musk.16.5 hours ago — Bloomberg Quint -
Trade Setup For Nov. 21: Market Volatility Continues, Nifty 50 To Watch 23,350–23,700 Range
The Bank Nifty has closed just above the 50,600 hurdle and holding above the mark can lead to a further strength in the index.16.5 hours ago — Bloomberg Quint -
Work Visas, Import Duty Cuts On Agenda As India-UK FTA Talks To Resume Early 2025
The India-UK FTA negotiations will explore key issues, including India's demand for work visa access and the UK's push for reduced import duties on goods such as whiskey and EVs.16.5 hours ago — Bloomberg Quint -
Bear market alert? Analysts warn of another year-end fall for Nifty
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Market Trading Guide: Tech Mahindra among 5 stock recommendations for Thursday
The 30-component BSE Sensex closed the day with a minor uptick, gaining 0.31% or 239 points, at 77,578.38, while the Nifty 50 was up by 64.70 points or 0.28%, at 23,518.50.16.5 hours ago — Economic Times -
Gold price today: Gold prices jump Rs 2,200/10 gms in a week, silver surges Rs 900/kg
Gold December futures contracts at MCX opened flat at Rs 75,537 per 10 grams, down by 0.07%, while silver December futures were trading at Rs 89,752 per kg, down by 1%. Gold prices have risen by Rs 2,300/10 grams in the last week, and silver surged by Rs 900/kg. The MCX opened for the evening session at 5 pm today due to the Maharashtra state elections.17 hours ago — Economic Times -
Sebi’s new framework on index derivatives kicks off, first leg live today
Sebi's six-step framework for index derivatives officially began on November 20, with the first leg going live. The new rules impose higher margin requirements for index derivatives expiring on the same day, with a 2% increase in the Extreme Loss Margin (ELM). This marks the start of SEBI’s phased approach to improve risk management and streamline derivatives trading, set for full implementation by April 2025.17 hours ago — Economic Times -
India’s earnings growth to slow to 12-14% CAGR by FY26, Motilal Oswal Private Wealth warns of volatility
Motilal Oswal stated that India’s long-term equity outlook remains strong, supported by corporate deleveraging and robust earnings. However, the firm advised investors to moderate their near-term return expectations. "The era of easy returns is over," the report warned, emphasizing the need for disciplined investment strategies to navigate the changing market environment.17 hours ago — Economic Times -
Maximize alpha, minimize volatility: Smart beta ETFs for today’s market
Smart beta investing combines the benefits of active and passive strategies. The Nifty Alpha Low Volatility 30 Index focuses on stocks with high alpha and low volatility, offering stability during market downturns. The Nifty Alpha Low Volatility 30 ETF tracks this index, providing investors with a diversified, growth-oriented portfolio while minimizing market volatility. This ETF is suitable for investors seeking long-term stability and returns.17.5 hours ago — Economic Times -
Took prevailing market sentiment into account on price band for NTPC Green IPO: Management
NTPC Ltd, the parent company of NTPC Green Energy Ltd (NGEL), considered prevailing market sentiments when setting the price band for NGEL’s initial public offering (IPO). The IPO, which opened today, offers shares in the price range of Rs 102-108. The subscription will remain open until Friday. The management cited market sentiment following the US election results as a key factor in their decision.17.5 hours ago — Economic Times -
Brokerages tweak model portfolios on lackluster Q2 earnings, list top stocks to buy
Motilal’s top large-cap picks include HDFC Bank, Bharti Airtel, ICICI Bank, State Bank of India (SBI), HCL Technologies, Larsen & Toubro (L&T), Mahindra & Mahindra (M&M), Power Grid Corporation, Titan Company, Trent, and Mankind Pharma18.5 hours ago — Economic Times -
Distributors' Body Voices Alarm Over Unsold Honasa Stock Worth Rs 300 Crore
Honasa has denied the allegations, noting that the figures mentioned by the FMCG distributors body is “inconsistent" with the sales driven through the channel.18.5 hours ago — Bloomberg Quint -
Airtel, Nokia Sign Multi-Billion-Dollar Deal To Expand 5G Network In India
Airtel's deal with Nokia involves deploying equipment from its AirScale portfolio, enhancing Airtel’s 5G capacity while upgrading existing 4G infrastructure across major Indian regions.19 hours ago — Bloomberg Quint -
There may be no durable Trump trade
19 hours ago — The Hindu Business -
CIEL HR Services files draft IPO papers with Sebi; eyes Rs 335-cr via fresh issue
Proceeds from the fresh issue will be used for acquisition of additional shareholding in subsidiaries -- Firstventure Corporation, Integrum Technologies, Next Leap Career Solutions, People Metrics and Thomas Assessments -- funding incremental working capital requirements of the company, unidentified inorganic acquisitions and general corporate purposes.19 hours ago — Economic Times -
Spirit Airlines' struggle to navigate post-pandemic trends lands it in bankruptcy
19 hours ago — The Hindu Business -
China's cashed-up crowd is back in the stock market
19 hours ago — The Hindu Business -
Breakout Stocks: How to trade Aditya Birla Sun Life AMC, Federal Bank and Coforge on Thursday
Sectorally, buying was seen in consumer durables, auto, realty, and IT stocks, while selling was observed in oil & gas, energy, and metal stocks.19 hours ago — Economic Times -
Americans want Trump to focus on inflation in his first 100 days, Reuters/Ipsos poll finds
19 hours ago — The Hindu Business -
Skills shortage hobbles India's clean energy aspirations
19 hours ago — The Hindu Business -
UPL To Raise Rs 3,378 Crore Via Rights Issue
The rights issue is scheduled to open on Dec. 5, 2024, and will close on Dec. 17, 2024.19.5 hours ago — Bloomberg Quint -
How derivatives can protect you against uncertainty in a volatile market
Derivatives go beyond serving as mere hedging instruments; they offer advanced strategies tailored to varying market conditions. By examining option chain data and employing techniques such as straddles and iron condors, investors can capitalize on opportunities in both volatile and stable market environments.19.5 hours ago — Economic Times -
Bengaluru Tech Summit 2024: ISRO to help automotive industry manufacture sensors indigenously
According to ISRO Chairman S. Somanath, during the COVID-19 pandemic, the non-availability of sensors had choked the production line of automobiles19.5 hours ago — The Hindu Business -
ReNew Q2 Results: Profit Rises 31% To Rs 440 Crore
As of Sept. 30, 2024, the company's portfolio consisted of 15.6 GW. After the quarter ended, ReNew signed PPAs of 0.7 GW, thereby taking the portfolio to 16.3 GW.20 hours ago — Bloomberg Quint- ReNew Q2 Results: Net profit jumps 31% YoY to Rs 494 crore 20 hours ago — Economic Times
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Emaar India Eyes Rs 2,500-Crore Revenue From Luxury Housing Project In Gurugram
The company, which will invest Rs 1,000 crore, will develop 522 apartments in the 6.2-acre project, CEO Kalyan Chakrabarti said.20.5 hours ago — Bloomberg Quint -
Fitch Assigns First-Ever 'B-' Rating To Vedanta With Positive Outlook
The positive outlook means Fitch sees potential for Vedanta Resources to improve its financial situation in the future.20.5 hours ago — Bloomberg Quint -
9 microcap stocks backed by 15 MF schemes have gained over 100% in FY25 so far
It's noteworthy that 14 out of the 250 stocks in the microcap index have become multibaggers in FY25.21 hours ago — Economic Times- These 8 smallcap stocks have fallen more than 40% in FY25 21 hours ago — Economic Times
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Honasa Consumer shares crack 34% in just 2 days. Is the glow fading away?
Mamaearth's parent company, Honasa Consumer, saw its shares plummet 34% after reporting a significant second-quarter loss. Market analysts expressed concerns over the company's performance, citing factors like disappointing quarterly numbers and the impact of Q-commerce. While a short-term technical bounce is possible, the stock's overall outlook remains bearish.21 hours ago — Economic Times -
Goldman Sachs sees 66% downside in Vodafone Idea; here's why
Goldman Sachs has reiterated its 'sell' rating on Vodafone Idea following a weaker-than-expected second quarter, setting a target price of Rs 2.40, implying a 66% downside from Tuesday's BSE closing price. The brokerage firm also highlighted concerns over the company's market share, free cash flow, and lagging capital expenditure (capex), despite being well-funded in the short term.21 hours ago — Economic Times -
Shankar Sharma flags CLSA India note as "trap" amid market optimism
Market expert Shankar Sharma issued a cautionary note to Indian investors, criticizing a recent report from global brokerage firm CLSA that shifted its investment focus from China to India. In a post on X (formerly Twitter), Sharma labeled the report as a "trojan horse" and a "typical trap" for retail and domestic institutional investors (DIIs), warning against excessive optimism in the current market environment.21 hours ago — Economic Times -
India Expanding Payment Links With More Countries, RBI Says
RBI is collaborating with other central banks in the Asean region to develop a cross border payments platform for instant payments.21 hours ago — Bloomberg Quint -
Aircel-Maxis Case: Delhi High Court Stays Proceedings Against P Chidambaram
Delhi High Court also issues notice to ED seeking its response on Chidambaram's plea challenging the trial court's order.21.5 hours ago — Bloomberg Quint -
ETMarkets Smart Talk: Domestic investors driving India's market stability amid Rs 1.3 lakh crore FII sell-off
The energy sector, especially oil and natural gas, presents substantial potential driven by global demand. Within IT, specific segments like cloud computing and cybersecurity are emerging as growth opportunities following recent market corrections, according to Manish Jain, Managing Director, Bajaj Broking.22 hours ago — Economic Times -
Fitch affirms Vedanta Resources at 'B-' rating with positive outlook
Fitch Ratings has maintained Vedanta Resources Limited's (VRL) 'B-' rating with a positive outlook, signaling potential improvement. The agency also assigned a 'B-' rating to VRL's senior unsecured debt and $1.2 billion in proposed notes, with a Recovery Rating of 'RR4'. The positive outlook reflects VRL's improved financial flexibility, reduced debt, and access to capital for refinancing and debt management.22 hours ago — Economic Times -
Trump Victory Led To China Improving Ties With India, Claims Business Forum Leader
During his presidential election campaign, Donald Trump had proposed a 60% tariff on goods from China—and a tariff of up to 20% on every other US import.22.5 hours ago — Bloomberg Quint -
Godrej Properties To Develop Rs 500 Crore Residential Project On 53-Acre Kolkata Land
The land with revenue potential of about Rs 500 crore is located in the fast-developing micro-market of Joka, which is also close to kolkata.23 hours ago — Bloomberg Quint -
Demand Uptick In Wedding Season Raises Raymond Lifestyle's Hopes Of Strong H2
Raymond Lifestyle CEO Sunil Kataria noted that some signs of the large spending expected to happen throughout the wedding season are already visible.23 hours ago — Bloomberg Quint -
ETMarkets PMS Talk | Growth, strategy, margin: Inside Purnartha's dynamic midcap philosophy
We are discovering numerous compelling opportunities for growth and margin expansion in FMCG, metals & mining, and pharmaceuticals. Additionally, our investments in power financing, railways, and capital goods are now attractively valued. The companies in our portfolio offer robust revenue visibility backed by a strong order book and are achieving impressive results driven by improved execution capabilities, says Mohit Khanna, Fund Manager at Purnartha.23 hours ago — Economic Times -
IPO Season To Take A Pause Until FIIs Come Back And Retail Is Re-Energised
From Niva Bupa to Hyundai, IPO subscriptions are showing fatigue and listing gains are low since October.23.5 hours ago — Bloomberg Quint -
Adani offers dollar bond again after earlier deal postponed
Billionaire Gautam Adani’s conglomerate launched a dollar bond sale on Wednesday, following a delay last month due to investor concerns over pricing. Adani Green Energy Ltd., part of the group’s clean-energy business, is marketing a 20-year $600 million note with a yield of around 7.75%, higher than the initial 7% guidance for the postponed October deal.1 day ago — Economic Times -
China funds cut ETF fees, escalating price war in booming market
Major Chinese fund companies slashed fees for equity exchange-traded funds (ETFs), aiming to attract investors and boost the burgeoning $400 billion sector. This move follows a pledge by China's top securities regulator to promote index investment and fee reform.1 day ago — Economic Times -
Dollar sags to one-week low after safety bid, 'Trump trade' momentum wanes
The U.S. dollar weakened against major currencies, extending a three-day decline from a one-week high as the market stabilized after a rally following Donald Trump's election. Bitcoin reached a new all-time high, driven by expectations of a more favorable regulatory environment under Trump.1 day ago — Economic Times
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