The Nifty IT Index surged 19.6% in the last 6 months against an up move of 11.1% in the benchmark Nifty Index in the same period. Investec said that the surge in the IT stocks has been in anticipation of a recovery despite the earning downgrades.

The price of 22-carat gold also rose by Rs 100, with ten grams of the yellow metal selling at Rs 71,210

The bonds, issued at a yield of 7.078% for a remaining tenor of 3.32 years, follow the company’s $300-million debut in the international market with a sustainability bond in July 2024.

The eight others who have settled the case include Umesh Jain, GM Shenoy, Narayan Neelakantan, VR Narasimhan, Kamala K, Nilesh Tinaikar, R Nandakumar and Mayur Sindhwad.

On Friday, the Reserve Bank of India (RBI) carried out the maiden auction of a new government bond maturing in 2034. The coupon - or rate of interest - for the new bond was set at 6.79%. At the time of the auction, the yield on the existing 10-year bond was trading at 6.80%, implying a premium of one basis point for the yield on the new paper. The existing 10-year bond, which bears a coupon of 7.10%, closed at 6.83% on Friday.

The Public Accounts Committee (PAC) of Parliament has decided to review the functioning of top regulatory authorities in the country and has called heads of SEBI and TRAI for deposition on October 24. Top officials of the Ministry of Finance, (Department of Economic Affairs) and Ministry of Communications have also been asked to appear before the key parliamentary panel, with sources saying representatives of the Securities and Exchange Board of India (SEBI) chairperson Badhabi Puri Buch and Telecom Regulatory Authority of India (TRAI) chairperson Anil Kumar Lahoti are likely to appear before the panel. Sources said the unstated convention in parliamentary practice is that chiefs of institutions have to attend parliamentary panel briefings whenever summoned. The meeting of the key parliamentary panel comes amid a major row over allegations made by US research body Hindenburg against SEBI chairperson Madhabi Puri Much and her husband Dhaval Buch over her alleged links with the Adani

This rise in reserves comes on the back of foreign investment in local equities, along with inflows due to Indian government bonds being included in the JP Morgan Emerging Market Index. FPIs invested $11.1 billion in Indian stocks in September, NSDL data showed, whereas investment in government bonds through the fully accessible route increased by over $2 billion, CCIL data showed.

The NSE Nifty fell 235.5 points or 0.9% to close at 25,014.6. The BSE Sensex declined 808.65 points or 1% to end at 81,688.45. Both indices, which were trading higher earlier in the day, slumped in a late sell-off ahead of the weekend.

FPIs net sell Rs 37,088 cr shares this week amid major shift to China

Bolt offers popular dishes like burgers, hot beverages, cold beverages, breakfast items, and biryani that require minimum preparation time

The acquired brands include AntaGolin, RyChol, NeuroVance, SkinVance, FlamLeve, Rheumalin, SleepVance, ImmunoVance, and OviVance

The companies signed a second joint venture in April to set up a wealth management and broking business in the country

92% of the funds raised from Asia and 8% from EMEA, the company said

Sales at 10,556 units from January-September period, up 10 YoY

Intervention by India’s central bank limited losses, traders said

A 52-week high is important as it marks the highest price a stock has achieved in the past year, offering key insights for traders and investors.

Student credit cards are generally issued either against a fixed deposit (FD) or as an add-on card to a primary credit card user. We give a lowdown on the student credit cards here

Indian rupee logged its worst weekly decline since May to end at 83.97 per US dollar, LSEG data showed, as outflows in equities and a rise in crude oil prices put pressure on the local currency.

The Centre has offered to repurchase up to Rs 25,000 crore worth of government securities through a buyback auction that will be conducted by the Reserve Bank of India on October 10.

Titan reported 25% YoY growth in Q2 FY25. 75 new stores were added, bringing the total to 3,171. Jewellery domestic operations grew 25% YoY. Consumer demand picked up after the reduction in custom duty on gold imports.

The BSE Sensex Sixty 65:35 is a strategy index consisting of 60 stocks, drawn from the BSE Sensex and BSE Sensex Next 30 in a 65:35 ratio. These 60 stocks account for over 55% of the total free float market capitalization of all listed companies in India. The 65:35 ratio is structured to provide greater exposure to the Next 30 stocks compared to the traditional free float market capitalization method.

The BSE SENSEX Sixty 65:35 index is a strategic index that includes constituents from both the BSE SENSEX and BSE SENSEX Next 30 in a ratio of 65:35.

Stock brokers may be allowed in the RBI-operated NDS-OM system for government securities

Stock brokers may be allowed in the RBI-operated NDS-OM system for government securities

To develop renewable projects in India and support reduction in carbon footprint

BLS International Services today announced the successful completion of its acquisition of 100% stake in Citizenship Invest (CI), a Dubai-based firm specializing in fast-track investor programs for residency and citizenship across more than 15 countries.

For dealership in Patna

From India Ratings and Research

The regulatory framework issued by the relevant authority will specify how stock brokers operating on NDS-OM handle policy, eligibility, risk management, investor grievances, inspections, enforcement, and claims.

The Dow Jones Industrial Average opened up by 236.7 points (0.56%) at 42,248.26, while the S&P 500 gained 37.5 points (0.66%) to start at 5,737.48.

At meeting held on 04 October 2024

The National Stock Exchange (NSE), its former chief Vikram Limaye and eight others on Friday settled with markets regulator Sebi a case pertaining to alleged bypass of trading access point (TAP) system by certain brokers after paying Rs 643 crore.

The National Stock Exchange (NSE), its former chief Vikram Limaye and eight others on Friday settled with markets regulator Sebi a case pertaining to alleged bypass of trading access point (TAP) system by certain brokers after paying Rs 643 crore.

Piramal Capital and Housing Finance on Friday said it has raised USD 150 million through a global bond sale. The bonds will be issued at a yield of 7.078 per cent and will have to be repaid in 3.32 years, according to a company statement.

The exchange had filed a settlement application before the regulator first in 2023 and then a revised application in August 2024

Sebi had issued a show cause to NSE, others in February 2023

The Nifty Realty index closed 1.64 per cent down at 1031.8.

The S&P BSE Sensex tumbled 808.65 points or 0.98% to 81,688.45. The Nifty 50 index dropped 235.50 points or 0.93% to 25,014.60. The 50-unit index has fallen 4.45% in five consecutive sessions.

Personal loans can address urgent financial needs but require careful consideration. Evaluate repayment ability, compare rates, and use them for significant life decisions, emergencies, or debt consolidation.

Hyundai Motor Company seeks a $19 billion valuation for Hyundai Motor India’s biggest IPO, aimed at raising $3.3 billion by selling a 17.5% stake. The listing, expected on October 22 in Mumbai, anticipates significant interest from foreign and local investors, breaking previous records set by LIC.

IndusInd Bank reported a 13% YoY increase in net advances, reaching ₹3,56,980 crore, while deposits grew 15% to ₹4,12,704 crore as of September 30, 2024, amidst stable net interest margins.

Sensex tumbled 808.65 points or 0.98% to settle at 81,688.45 while Nifty slumped 200.25 points or 0.79% to 25,049.85

For the week, the Sensex fell by 3,883 points (4.5%), while the Nifty lost 1,128 points (4.3%). The total market capitalisation of all listed companies on the BSE dropped by Rs 16.67 lakh crore to Rs 461.26 lakh crore. At the same time, foreign institutional investors recorded significant outflows, selling shares worth $3.65 billion over the past three sessions, marking a record high on Thursday.

Sensex and Nifty fell for the fifth day, driven down by auto, banking, and financial stocks amid rising geopolitical tensions.

Experts say that despite these tensions, Indian markets have displayed resilience

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The Indian rupee remained nearly stable at 83.9725 against the U.S. dollar, ending a week of significant equity outflows and rising crude oil prices fueled by Middle East tensions.

As per provisional closing, the S&P BSE Sensex tumbled 808.65 points or 0.98% to 81,688.45. The Nifty 50 index dropped 200.25 points or 0.79% to 25,049.85.

The multibagger stock, which touched its 52-week low of Rs 331.28 on October 26, 2023 was trading at Rs 578 level today. In comparison, Sensex climbed 25.42% in a year.

Meanwhile, CASA deposits increased by 37.6% on a YoY basis to Rs 1,09,345 crore. The CASA ratio stood at 48.9% as of September 2024, as compared to 46.4% as of September 2023.

UCO Bank reported 18.56% rise in total advances to Rs 1.98 lakh crore as on 30 September 2024 as against Rs 1.67 lakh crore recorded as on 30 September 2023.

Short covering occurs when traders buy back shares they previously sold short, often prompted by new information or a shift in market sentiment.

Long unwinding is the selling of stocks held for a longer period to book profits or exit in anticipation of a market downturn.

India’s largest private sector lender HDFC Bank has originated the largest securitisation pool of Rs 9,063 crore, rated AAA by domestic rating agency India Ratings. The asset-backed securitisation transaction is backed by a pool of new car loans

HSBC India Services PMI dropped from 60.9 in August to 57.7 in September, new export orders rise at slowest pace in nine months even as cost pressures rise while output price hikes were at a two-and-a-half year low

Shares of Adani Green Energy rebounded during the trading session Friday after the company announced for a power consumption agreement by its wholly owned subsidiary.

Indian Paper Manufacturer Association has requested for imposition of anti-dumping duty on the imports from China and Chile

Garden Reach Shipbuilders & Engineers (GRSE) said that it has received two letters of acceptance worth Rs 226.18 crore from Transport Department, Government of West Bengal for design, build, operation and maintenance of hybrid electric ferries.

The multibagger defence stock has climbed 106% in a year and risen 147% in two years. On BSE, around 0.50 lakh shares changed hands amounting to a turnover of Rs 8.21 crore in the afternoon session.   

At meeting held on 04 October 2024

Out of 78 small-cap stocks that met the criteria, we identified 12 with strong momentum, as their share prices have surged over 50% during FY25.

At 14:30 IST, the barometer index, the S&P BSE Sensex tumbled 661.91 points or 0.80% to 81,840.85. The Nifty 50 index dropped 218.45 points or 0.87% to 25,037.70.

PTC India says AGM did not approve FY24 financials due to audit qualifications for legacy governance issues at arm.

Avenue Supermarts Ltd clocked volume of 26.06 lakh shares by 14:14 IST on NSE, a 5.3 times surge over two-week average daily volume of 4.92 lakh shares

Tarc share price: The stock surged 4.99 per cent to hit a lifetime high of Rs 269.55. It was last seen trading 5.48 per cent up at Rs 268.50. At this price, the scrip has rallied 96.13 per cent on a year-to-date (YTD) basis.

Indoco Remedies (Indoco) announced the receipt of final approval from the USFDA for Abbreviated New Drug Application (ANDA) for Cetirizine Hydrochloride Tablets USP, 10 mg (OTC), a generic equivalent of the Reference Listed Drug, Zyrtec Allergy Tablets, 10 mg of Johnson & Johnson Consumer Inc.

This week saw the successful listing of three mainline IPOs - KRN Heat Exchanger, Diffusion Engineers, and Manba Finance - setting the stage for another promising week ahead for investors

Sahaj Solar stock surged 6.63 per cent at Rs 638.95 per share on the NSE in the intraday trade of Friday

In one month, ONGC (down 6%) and Oil India (down 17%) have underperformed the Sensex, which down less than 1% as the lower crude price momentum has led to correction in state-owned upstream companies.

​So, I think the demand for 2H is going to be relatively higher and we need to see how that will pan out as we go forward than just the result season. So, hence, the commentary from the result season is also equally going to be important than the absolute numbers.

A total of 31,443 shares changed hands on the counter till 02:08PM (IST).

The stock quoted a 52-week high price of Rs 1117.05 and low of Rs 538.95.

Oil stocks gained 0.7% and are poised for their best week in nearly six months. The sub-index has climbed 4.1% so far this week and stood out as the sole sector to record gains.

The stock quoted a 52-week high price of Rs 967.0 and a 52-week low of Rs 513.55.

Nifty is trading at 21.5 times its one-year forward earnings, which is above its historical average of 20.4 times. India is being perceived as relatively expensive market compared with other emerging market peers.

The stock quoted a 52-week high price of Rs 196.8 and low of Rs 85.51.

A total of 542 shares changed hands on the counter till 01:43PM (IST)

The product is designed to let banks use their tokens within smart contracts for programmability

On the technical charts, the RSI of the stock stood at 45.13.

At 13:30 IST, the barometer index, the S&P BSE Sensex declined 517.75 points or 0.63% to 81,980.42. The Nifty 50 index fell 148.85 points or 0.59% to 25,101.25.

Mumbai based pharmaceutical company Indoco Remedies share price surged 3.13 per cent at Rs 349.95 per share on the BSE

LIC Housing Finance Ltd is quoting at Rs 635.4, down 0.19% on the day as on 13:19 IST on the NSE. The stock jumped 34.88% in last one year as compared to a 28.38% rally in NIFTY and a 20.48% spurt in the Nifty Financial Services index.

The stock quoted a 52-week high price of Rs 682.84 and low of Rs 331.28.

A total of 1,507 shares changed hands on the counter till 01:28PM (IST)

​We believe 51,400 to 51,000 should be the strong support for Bank Nifty and we should see a gradual recovery for Bank Nifty too. So, banking, metals, power space as a whole looks positive from the current levels.

A total of 7,587 shares changed hands on the counter till 01:23PM (IST)

A total of 380,963 shares changed hands on the counter till 01:18PM (IST).

Paint stocks decline as Brent crude oil set for steepest gain since February 2023

"Bitcoin is trading within a tight range of $60,000 to $61,000 as investors await further geopolitical clarity. BTC’s support level remains at $60,000 and resistance at $61,500. With Blackrock’s report stating that Bitcoin’s volatility has significantly decreased and will continue to do so over time, investor’s confidence in BTC remains strong," said Edul Patel, CEO Of Mudrex.

A total of 5,099 shares changed hands on the counter till 01:13PM (IST)

MosChip Technologies announced the launch of MosChip DigitalSky, a comprehensive suite of digital solutions aimed at transforming global enterprise into a connected and intelligent entity. It enables organizations to thrive in the digital age by bridging gaps between Products, IT, and Operations and embedding intelligence at each layer of the enterprise.

On the technical charts, the RSI of the stock stood at 46.3.

Alkem Laboratories Ltd is quoting at Rs 6297.35, up 2.24% on the day as on 12:49 IST on the NSE. The stock is up 82.14% in last one year as compared to a 28.65% spurt in NIFTY and a 55.25% spurt in the Nifty Pharma index.

The weekly index derivatives contracts on Sensex 50 will be discontinued with effect from November 14 end of day while Bankex will be discontinued from November 18.

Thomas Cook (India) has inaugurated its new franchise outlet in South Bopal, Ahmedabad, to leverage the high-growth market of the city and its surrounding areas.

Avenue Supermarts stock fell 5% to Rs 4701.90 today against the previous close of Rs 4940.20 on BSE. Market cap of the firm fell to Rs 3.10 lakh crore. 

At meeting held on 04 October 2024

The Company has submitted its acceptance to the Work Order as issued by MPPGCL. Other relevant documents including the Land Use Permission Agreement (LUPA) shall be signed and executed shortly.

A total of 12,603 shares changed hands on the counter till 12:52PM (IST)

Among the constituent of the Nifty IT index, L&T Technology Services shares surged 2.76 per cent intra-day on Friday, Infosys shares gained 2.17 per cent, and Coforge stock climbed 2.47 per cent

Analysts at Elara Capital said no significant asset quality challenges and steady growth may ensure rerating for some PSU banks (after recent correction) on earnings stability.

The acquisition adds a number of Fortune 500 clients to Cyient DLM’s portfolio and strategic engagements with multiple other key clients

The diversified minerals company informed that its total aluminum production rose 3% to 6,09,000 tonnes in Q2 FY25 as compared with 5,94,000 tonnes posted in Q2 FY24.

The Relative Strength Index of the stock stood at 55.23 on Friday.

Positive October seasonality ties together six F&O stocks—PFC, REC, Canara Bank, GMR Airports Infrastructure, Delta Corp, and TVS Motor Company—despite each experiencing declines of up to 15% in the past month. Historically, October has produced 10 winners in the F&O segment, with these stocks, along with MGFL, ICICI Bank, NMDC, and SAIL, achieving positive returns in October on eight or more occasions over the last decade.

A single judge had passed the order on a petition filed by a woman, who was a victim of sexual harassment by a man, who impersonated a driver attached to the OLA platform, while travelling to her workplace in August 2018

A single judge had passed the order on a petition filed by a woman, who was a victim of sexual harassment by a man, who impersonated a driver attached to the OLA platform, while travelling to her workplace in August 2018

The Relative Strength Index of the stock stood at 42.72 on Friday.

On the technical charts, the 200-day moving average of the stock stood at Rs 1249.75.

The Relative Strength Index of the stock stood at 33.25 on Friday.

A total of 5,806 shares changed hands on the counter till 12:17PM (IST).

At 12:30 IST, the barometer index, the S&P BSE Sensex jumped 829.27 points or 1.01% to 83,326.37. The Nifty 50 index advanced 211.15 points or 0.84% to 25,461.25.

Paint stocks were bleeding during the trading session on Friday as the crude oil prices surged higher amid the rising geopolitical tensions.

The US dollar index is steadying near a one and half month high as investors await more clarity from September jobs report. Safe haven demand amid escalating tensions in the Middle East is also keeping the greenback well supported. Besides, new Japanese Prime Minister Shigeru Ishiba said on Wednesday that the economy isnt ready for another interest-rate increase, sending the JPY lower and in turn benefiting gains in the American currency. Meanwhile, the Institute for Supply Management (ISM) said that its Non-Manufacturing PMI rose to 54.9 in September, or the highest level since February 2023, suggesting that the economy remained on a solid footing in the third quarter. The US Department of Labor (DOL) reported that the number of Americans filing applications for unemployment benefits increased marginally to 225K during the week ended September 28 as compared to the 218K previous. This comes on top of a larger-than-anticipated increase in the US private-sector employment in ...

A total of 399,123 shares changed hands on the counter till 12:12PM (IST)

Oriental Rail Infrastructure gained 4.05% to Rs 279 after the company announced that it has secured an order worth Rs 3.67 crore from Western Railways (WR), Mahalaxmi, Indian Railways.

A total of 7,190 shares changed hands on the counter till 12:07PM (IST).

A total of 3,117 shares changed hands on the counter till 12:02PM (IST)

Media stocks in focus ahead of big film releases this Diwali: PVRInox, Eros Media and Shemaroo Entertainment among 5 stocks that can rally up to 28% from here on, shows technical charts.

Media stocks in focus ahead of big film releases this Diwali: PVRInox, Eros Media and Shemaroo Entertainment among 5 stocks that can rally up to 28% from here on, shows technical charts.

A total of 13,695 shares changed hands on the counter till 11:57AM (IST).

In the first half of FY25, IPOs proved highly rewarding for investors, with average listing gains significantly increasing in both mainboard and SME segments. According to Prime Database, mainboard IPOs achieved an average listing gain of 34.28%, up from 28.65% YoY. Notable performers included Bajaj Housing Finance, which surged 136% on its listing day, followed by Unicommerce Esolutions at 94% and Premier Energies at 87%.

In the first half of FY25, IPOs proved highly rewarding for investors, with average listing gains significantly increasing in both mainboard and SME segments. According to Prime Database, mainboard IPOs achieved an average listing gain of 34.28%, up from 28.65% YoY. Notable performers included Bajaj Housing Finance, which surged 136% on its listing day, followed by Unicommerce Esolutions at 94% and Premier Energies at 87%.

The stock quoted a 52-week high price of Rs 706.85 and low of Rs 404.0.

The Tata Group stock, which closed at Rs 59.35 on October 3, 2019 stood at Rs 469 today, giving 708% returns during the period. In comparison, Sensex climbed 119% in five years.

Reliance Power said the FCCBs would be convertible into 82.30 crore equity shares of Rs 10 apiece at the conversion price of Rs 51, including a premium of Rs 41 per equity share.

Reliance Power said the FCCBs would be convertible into 82.30 crore equity shares of Rs 10 apiece at the conversion price of Rs 51, including a premium of Rs 41 per equity share.

Shares of Divyadhan Recycling Industries were trading at Rs 88.20 on the NSE, a premium of 37.81% compared with the issue price of Rs 64.

The Union Cabinet has approved modification of the existing Productivity Linked Reward (PLR) Scheme for the major ports and dock labour Board employees/workers from 2020-21 to 2025-26. The modified PLR scheme applicable from 2020-21 to 2025-26 will benefit about 20,704 employees of Major Port Authorities and Dock Labour Board Employees/workers. The total financial implication for the entire period will be about Rs.200 crore.

A total of 9,101 shares changed hands on the counter till 11:45AM (IST)

A short buildup signifies trader pessimism, with rising open interest and declining prices indicating increased short positions in five stocks.

The rise came after S H Kelkar and Company reported a mixed set of business updates for the September quarter of financial year 2025 (Q2FY25).

HDFC Bank may see $1.8 billion inflows from MSCI weight increase, despite recent underperformance, with strong deposit and advance growth reported for Q2 2024.

Shares of Sahasra Electronic Solutions were trading at Rs 564.55 on the NSE, a premium of 99.49% compared with the issue price of Rs 283.

A total of 5,146 shares changed hands on the counter till 11:41AM (IST)

​Partly because, obviously, very strong inflows from the domestic investors into mutual funds, which have been sort of a stabilising effect when FIIs have been more or less net sellers in the last couple of years and that has brought out some stability into the market.

A total of 4,422 shares changed hands on the counter till 11:35AM (IST)

At 11:30 IST, the barometer index, the S&P BSE Sensex, was up 211.74 points or 0.26% to 82,708.84. The Nifty 50 index rose 60.20 points or 0.24% to 25,310.30.

A total of 1,071,620 shares changed hands on the counter till 11:31AM (IST)

The microfinance industry is currently facing a significant rise in delinquencies, primarily driven by increasing borrower indebtedness, apart from other factors.

Sundaram-Clayton gained 4.38% to Rs 2,453.35 after the firm announced that its board has approved the opening of qualified institutional placement (QIP) issue of equity shares with the floor price of Rs 2,320.78 per share.

The stock quoted a 52-week high price of Rs 2843.0 and low of Rs 1803.8.

Shares of Forge Auto International were trading at Rs 107.50 on the NSE, a discount of 0.46% compared with the issue price of Rs 108.

Shares of DMart fell by 5% to Rs 4,701.90 following a 14% growth in standalone revenues to Rs 14,050 crore for Q2 and the addition of 6 new stores. Brokerage firms have mixed views; Macquarie is optimistic, Goldman Sachs recommends selling, while Morgan Stanley remains positive.

According to an RBI working paper that studies the price dynamics of tomato, onion and potato (TOP) in India, despite having a modest weight in the consumer price index (CPI), significantly impact food and headline inflation due to their high price volatility. The value chain analysis of the three vegetables suggests that farmers are getting around one third of the price that a consumer is paying; the rest is apportioned by the wholesalers and retailers - unlike other sectors like dairy, where farmers are getting around 70 per cent of the final price. Marketing reforms, storage solutions, enhancing processing capacity, and raising yields through higher R&D investments in developing climate resistant varieties and innovative cultivation techniques would be critical for improving the value chains, increasing farmers share in consumer rupee and containing price volatility, the study noted.

A total of 638,474 shares changed hands on the counter till 11:15AM (IST)

Axis Securities has overweight call on Lupin with a target price of Rs 2,500. The current market price of Lupin is Rs 2,216.

The stock traded at a P/E multiple of 49.98, while the price-to-book value ratio stood at 6.8.

The stock quoted a 52-week high of Rs 1946.2 and a 52-week low of Rs 806.9.

Shares of Nexxus Petro Industries were trading at Rs 132.30 on the NSE, a premium of 26% compared with the issue price of Rs 105.

Axis Securities has overweight call on TVS Motor Company with a target price of Rs 3,150.0. The current market price of TVS Motor Company is Rs 2,718.9.

As Dyson laid off staff in Singapore, the United Workers of Electronics & Electrical Industries (UWEEI) said it should have received notice well in advance instead of just a day earlier

A total of 2,008 shares changed hands on the counter till 11:00AM (IST).

Axis Bank Ltd clocked volume of 23.25 lakh shares by 10:48 IST on BSE, a 7.38 times surge over two-week average daily volume of 3.15 lakh shares

The fall in the share price of Suryoday SFB was triggered by weak asset quality in the September quarter (Q2FY25).

Avenue Supermarts (DMart) announced that the total number of DMart stores as of 30 September2024 stood at 377.

The stock traded at a P/E multiple of 10.31, while the price-to-book value ratio stood at 1.34.

Axis Securities is optimistic about nine large-cap stocks across sectors like banking, financials, telecom, and IT, forecasting potential gains of up to 30%.

Axis Securities has overweight call on Bharti Airtel with a target price of Rs 1,900. The current market price of Bharti Airtel is Rs 1,669.8.

HDFC Bank shares: MSCI had in its August rejig had announced the long-awaited weight increase for HDFC Bank. MSCI had made an exception by raising with lower adjustment factor, leading to an inflow of $1.8 billion.

The stock quoted a 52-week high price of Rs 4544.5 and low of Rs 2619.3.

Divyadhan Recycling Industries shares debut on NSE SME at Rs 84, a 31.25% premium over the issue price of Rs 64. The IPO was subscribed 41 times, with high interest from non-institutional investors. The company plans to use Rs 17.03 crore for plant and machinery, with some funds set aside for general corporate purposes.

Tata Motors share price today: The Tata Group stock last closed above Rs 1,000 mark on September 10, 2024 at Rs 1035.45 on BSE. At current level, the stock is down 21% from its record high.

Indian economy is set for a positive trajectory over the next 20 years due to favorable demographics. However, investors should remain vigilant against overpricing and external financial influences, particularly from China and global liquidity flows. Learning from past complacency, strategic timing and careful investment will be crucial for sustained growth.

A total of 19,940 shares changed hands on the counter till 10:44AM (IST).

Among the main positive outcomes seen in September were solid job creation, strengthening business confidence and the weakest uptick in selling prices in over two-and-a-half years.

The Nifty Realty index was trading 1.69 per cent down at 1031.25.

So, it is not one data point, several data points are pointing towards a slowing economy and as such, if it slows, then whether that leads to an uptick in the NPA levels also or not will be a critical element to watch in the results season this time.

The offer received bids for 8.10 crore shares as against 24.30 lakh shares on offer.

Axis Securities has overweight call on Nestle India with a target price of Rs 2,960. The current market price of Nestle India is Rs 2,648.45.

“Subdued sentiment in the domestic equity markets amid massive outflows of foreign funds in the past three days played a spoilsport and prevented a recovery in the rupee,” Forex traders said

Axis Securities has overweight call on Aurobindo Pharma with a target price of Rs 1,730. The current market price of Aurobindo Pharma is Rs 1,466.35.

At 10:30 ST, the barometer index, the S&P BSE Sensex, was down 149.88 points or 0.18% to 82,353.04. The Nifty 50 index fell 46.90 points or 0.19% to 25,203.20.

On the technical charts, the RSI of the stock stood at 58.39.

M&M Finance share price: Shares of M&M Finance slipped after the company said it expects a 1% decline in overall disbursement in the September 2024 quarter

Equity indices drop amid foreign outflows and Middle East tensions, with BSE Sensex falling 354.67 points to 82,142.43

As on June 30, 2024, Bhavook Tripathi, under the non resident Indians (NRIs) category, held 34.3 million shares or 29.03 per cent stake in R Systems, shareholding pattern data shows

Indian government bond yields increased, with the 10-year yield reaching a three-week high. The rise was influenced by higher oil prices and U.S. yields due to Middle East tensions. The government plans to raise 390 billion rupees through a bond auction. Additional rate cuts by the Reserve Bank of India and the U.S. Federal Reserve are anticipated.

The stock quoted a 52-week high of Rs 2312.0 and a 52-week low of Rs 1113.0.

Shilpa Medicare share price surged after the company said that its arm, Shilpa Pharma Lifesciences, has received certificate of suitability (CEP) from EDQM for API, Desmopressin

Shares of Diffusion Engineers were currently trading at Rs 197.35 at 10:13 IST on the BSE, representing a premium of 17.47 % as compared with the issue price of Rs 168.

Credit Cards: Each credit card has different set of features and benefits and one should compare each of these cards before zeroing in on one. For instance, one card may be offering higher reward points but may have a higher annual fees

Bank of Baroda advanced 2.47% to Rs 251.10 after the global business of the bank aggregated to Rs 25,06,809 crore as of 30 September 2024, up by 10.23% from Rs 22,74,148 crore as on 30 September 2023.

Angel One said that its client base jumped 61% to 27.49 million in September 2024 as compared with 17.07 million in September 2023.

The stock quoted a 52-week high of Rs 8302.0 and a 52-week low of Rs 3973.15.

Gold price today: Gold prices are expected to be highly volatile on geopolitical worries and crucial nonfarm payroll report.

Shares of Diffusion Engineers were commanding a grey market premium of Rs 55-58 per share, suggesting a listing pop of about 34-35 per cent for the investors.

Diffusion Engineers shares listed at a premium of 15.17 per cent at Rs 193.50 on the National Stock Exchange (NSE).

Bajaj Finance announced that its new loans booked increased by 13.6% to 9.69 million in Q2 FY25 as compared to 8.53 million recorded in Q2 FY24.

Gold and silver December futures showed minor gains at MCX, with gold at Rs 76,357 per 10 grams and silver at Rs 93,130/kg. Market movements were influenced by geopolitical tensions in the Middle East, rising crude prices, and upcoming U.S. job data. Analysts suggest buying on dips, with set support and resistance levels.

Motilal Oswal Financial Services has buy call on Avenue Supermarts with a target price of Rs 5,800. The current market price of Avenue Supermarts is Rs 4,760.35.

HDFC Bank said its gross advances aggregated to Rs 25,19,000 crore as of September 30, a growth of 7 per cent over Rs 23,54,600 crore as of September 30, 2023.

UFlex share price surged after the company announced that its step down wholly owned subsidiary, Flex Asepto (Egypt) SAE, has decided to set up an Aseptic Packaging facility in Egypt.

On October 03, the closing prices of four stocks dropped by more than 2.5% relative to the VWAP, and a shift below the VWAP suggests a potential bearish trend.

Both the countries held the 6th Commercial Dialogue in Washington.

OPEC and the U.S. can help ease oil prices in case there is disruption in supply due to a full-blown conflict between Israel and Iran; while OPEC has enough spare capacity to compensate for the loss of Iranian supplies, much of that capacity is in the Gulf region and potentially vulnerable to attack

Motilal Oswal Financial Services has sell call on Fine Organic Industries with a target price of Rs 4,095. The current market price of Fine Organic Industries is Rs 5,117.4.

Indian market may consolidate on Friday influenced by mixed global cues. Nifty futures closed at 25,478 on Thursday with a loss of 1.89%. Experts recommend short-term buys in stocks like Dalmia Bharat, Angel One, Granules India, Cipla, TCS, Jubilant Pharmova, HDFC Bank, and Vijaya Diagnostic Centre with specified targets and stop losses.

The performance of the metal on Thursday has been encouraging as it managed to rise despite subdued gold prices and tumbling base metals

In early trading on Friday, the Indian rupee steadied at 83.96 against the US dollar, bolstered by falling crude oil prices and a weaker dollar against major Asian currencies. However, subdued domestic equity markets and significant foreign fund outflows hindered its recovery. The local stock indices saw minimal movement, while FIIs continued their selling spree amid positive Chinese market developments.

DMart share price fell despite the company posting a strong set of quarterly updates for Q2FY25 (July 2024 - September 2024).

Blue-chip indices Sensex and Nifty50 opened lower for the fifth straight session, dragged down by weak global cues and declining financial stocks.

Macrotech Developers Ltd has lost 6.87% over last one month compared to 1.54% fall in BSE Realty index and 0.09% drop in the SENSEX

R Systems International Ltd has lost 1.54% over last one month compared to 1.79% fall in BSE Information Technology index and 0.09% drop in the SENSEX

Vedanta said it recorded aluminium production of 1,205 kt in the first half of FY25, while its alumina production rose 21 per cent YoY during the same period.

Alembic Pharmaceuticals said that it has received final approval from the US Food & Drug Administration (US FDA) for its abbreviated new drug application (ANDA) Alcaftadine Ophthalmic Solution.

Derivatives market update for Oct 04: Data shows Balrampur Chini, Dabur, Bata India, Reliance, Axis Bank and Manappuram Finance are few of the F&O stocks that saw short build-up on Thursday.

‘Certain governments’ who are responsible for this problem in the first place, don’t even recognise and understand how they have hurt and damaged the India growth story, says Piyush Goyal

‘Certain governments’ who are responsible for this problem in the first place, don’t even recognise and understand how they have hurt and damaged the India growth story, says Piyush Goyal

With initial focus on its decorative paints positions in South Asia

At meeting held on 03 October 2024

Swaying with the pendulum of market mood can compel the investor to buy during a bubble and sell during a crash. But it is important to understand that such behavior will not lead to superior returns.

Angel One said its gross client acquisition for the month stood at 29.9 lakh against 25.8 lakh in the June quarter and 21.2 lakh in the year-ago quarter.

The multibagger stock, which stood at Rs 55 on October 3, 2019 closed at Rs 588.05 on October 3, 2024 giving 969.18% returns during the period. 

Bajaj Housing Finance focuses on its debut business update, reporting AUM of Rs 1,02,550 crore, up 26% YoY. Loan assets rose to Rs 89,860 crore. The stock debuted with a 135% gain. Bajaj Finance also reported 92.09 million customers and a 14% increase in new loans, while its deposits grew by 21%.

Here is the full list of stocks that will trade ex-date on Monday for major corporate announcements, such as dividends, bonus, and Rights issue

Shares of Punjab National Bank will be in focus today after the bank posted an 11% YoY growth in domestic business to Rs 24.30 lakh crore for Q2 FY24. Domestic deposits rose 11% to Rs 14.17 lakh crore, while domestic advances increased 12% to Rs 10.12 lakh crore.

Shilpa Medicare informed that its 100% subsidiary, Shilpa Pharma Lifesciences received certificate of suitability (CEP) from EDQM (European Directorate for the Quality of Medicines & Healthcare) for API, Desmopressin.

he manager of the top-performing $23 billion GQG Partners Emerging Markets Equity Fund has kept his holdings in Chinese stocks at about 12% of the fund — roughly half of the weighting of its benchmark

Bandhan Bank, Birla Soft, Granules India, Hindustan Copper, Manapurram Finance, RBL Bank

The spaghetti cannon shoots again

Mr. Goyal said it was not the right time to discuss the issue as the U.S. was on the brink of an election but both the issues were “at least flagged off”

When was the State Industries Promotion Corporation of Tamil Nadu Limited (SIPCOT) formed? Has it generated job opportunities? Where was the first ever SIPCOT industrial park established? How has it improved the State’s industrial sector? What about startups?

India looked at the U.S. as one of the ‘most reliable trade partners’ and ;outstanding’ trade partner, says Union Commerce Minister Piyush Goyal.

GIFT Nifty:

In the previous session, the Bajaj Finance stock closed 3.49% lower at Rs 7433.30 on BSE. Market cap of Bajaj Finance slipped to Rs 4.60 lakh crore.

Bajaj Finance shares will be watched closely on Friday due to a business update for Q2FY25. The company reported a 14% rise in new loans, a 29% increase in AUM, and a 21% growth in deposits. Net liquidity surplus stood at Rs 20,100 crore. The stock showed modest year-to-date gains.

Sandip Sabharwal advises caution in investing amidst market corrections, suggesting potential buys in largecaps like Reliance if it drops 5-7%. He highlights concerns over economic data and urges waiting for a larger market dip. He also sees opportunities in mid and smallcaps, particularly in infra stocks like Ahluwalia Contracts and NCC.

The Multibagger stock closed 0.42% lower at Rs 238.45 on Thursday against the previous close of Rs 239.45 on BSE. Market cap of the firm stood at Rs 4,437.98 crore.