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Sensex Hits Fresh New High Of 44749, Nifty Tops 13136; ONGC Top Gainer
After record highs made in the US market on flows in cyclicals, Indian indices opened yet another stronger, with Nifty up 0.6% or 77 points at 13136 while Sensex was up 2
Gold Prices Slip Below Rs 48,500 As Stock Markets Thrive
On Wednesday, price of 24-carat gold in India slipped below Rs 48,500 per 10 grams as investors across the globe flock to riskier assets after progress in COVID-19 vaccin
RBI rejects proposal to acquire IDBI Asset Management: Muthoot Finance
The Kerala-based lender added that it has informed SEBI that it is unable to proceed with the proposed transaction.
Govt opens doors for Indian HNIs to trade on tax-free GIFT platform
Move also signals partial capital convertibility of rupee in offshore jurisdiction, say experts
MCX-Aluminium could extend the rally further
The December futures contract of Aluminium on Multi Commodity Exchange (MCX), which was consolidating between 142 and 148, broke out of the range in
Bank stocks drive Nifty above 13,000; Sensex at a new high
As benchmarks jump 73% in 8 months, experts call for caution
How to Invest in Equity Linked Savings Scheme (ELSS) to Save Income Tax?
There are many investment avenues for investors to choose to park their funds in today's financial markets. One such scheme which offers tax benefits up to Rs 1,50,000 pe
The stock of Granules India, which was moving in a sideways trend, broke out of the range on Tuesday, opening the door for further appreciation. Hence
Open offer to Timex shareholders
Timex Group Luxury Watches BV, together with BP Horological Investors, LLC, BP Horological Holdings, LLC and Tanager Group BV, has made a mandatory o
Which Indian States Have The Most Online Gamblers Per Capita?
India's online gambling market is growing, and it's all thanks to improved internet penetration and the rise in mobile device usage nationally, according to new research
ETFs shine in widespread market rally
Midcap ETFs outperform index themes
Asian stocks are luring the biggest foreign flows since 2013
Japan is leading the way with $27.4 billion, followed by India at $9.2 billion. South Korea has received $6.4 billion.
Rupee settles 10 paise higher at 74.01 against US dollar
The rupee appreciated by 10 paise to close at 74.01 against the US dollar on Tuesday on sustained foreign fund inflows and positive development over c
Silver rates: November 24, 2020
Nifty Ends Above 13050 On Back Of Gains In Bank, Auto, Realty Stocks
It was another strong day of trade for the indices with the Nifty hitting above 13000 mark for the first ever time. And at the close also it recovered it day's losses wit
Wintac promoter accepts 350 as delisting price
Wintac Ltd promoter has accepted the discovered price of 350 for delisting the companys shares from the BSE against the floor price of 220 it had
45% Rally In Gland Pharma Stock Since Its Listing: The Reason
The rally of 45 percent in the stock price of Gland Pharma is mind-boggling and this is even as the investor subscription for its primary market issue subscription was lo
Karvy's Membership With NSE Scrapped From Monday's Closing
Karvy stock Broking with effect from the market closing on Monday (November 23, 2020) has been declared a defaulter by the NSE and alongside its membership has been scapp
The leverage of 40 to 50 times in F&O trades will reduce to 4 to 5 times from December
B Gopkumar of Axis Securities thinks that SEBIs new norms, while good for the market, will shrink F&O volume by 40%
Market at record high: Sensex trades 295 pts up in mid-session; Nifty holds above 13,000 level
All the sectoral indices are trading in the green with Nifty Bank and Auto indices rose more than 1 per cent each
Complete Normalization In Vehicle Finance Sector Expected
Broking firm Motilal Oswal Financial Services expects complete normalization in vehicle finance sector by the first half of calendar year 2021. According to a report by b
BL Research BureauThe rupee (INR) ended marginally higher at 74.09 against the dollar (USD) on Monday. In todays session, after opening flat, it has
Crude Oil Prices Near 3-Month High On News Of Third Promising Vaccine
On Tuesday, oil prices rose on news of a third successful coronavirus vaccine trial and the Trump administration's go-ahead for U.S. President-elect, Joe Biden, to begin
Bharti Infratel Rating: Hold; Merger with Indus to boost EPS/RoE
EPS accretion of 5-7% is likely; estimates revised; TP raised to Rs 220; limited upside from current levels; Hold maintained
Franklin Templeton debt MF scheme: Investors haul SEBI officials, MFs Trustees to court
Investors who hold units in the six suspended debt schemes of Franklin Templeton have slapped a legal notice on capital market regulator SEBI, seeking
12 Companies With Biggest Jump In Promoter Pledged Shares In July-Sept
An analysis by Edelweiss Alternative Research showed that shares worth around Rs 2 trillion, about 1.3 percent of the total market capitalisation of the firms, was pledge
ICICI Prudential Mutual Fund on Monday launched ICICI Prudential Quant Fund and the new fund offer will close for subscription on December 7. The op
Now, ASBA for retail investors in debt issues too
For the retail investors, SEBI has now allowed payment of up to 2 lakh through the use of Unified Payment Interface (UPI) in the public issues of deb
Re-classification of promoters: SEBI moots relaxing holding limit to 15%
Currently, they can opt for it only if their stake is less than 10%
Institutional traders staring at peak margin costs from December 1
There is a concern now about the new margin norms leading to higher margin payment for institutional players including foreign participants.The fear i
Govt should crack down on illegal pellet exports
The Federation of Indian Mineral Industries (FIMI) has alleged that the illegal export of 9 million tonnes of pellets by private producers is the re
Chinas growing demand for metals stokes prices
Impact of fiscal stimulus to remain till 2021, which will keep demand upbeat
Carborundum Universal (344.9): Buy
After breaking out of the resistance at 310 last week, the stock of Carborundum Universal rallied and registered a fresh 52-week high of 363.7 on Mo
S&P Skeptical Of Allowing Corporate Ownership In Banks In India
On Monday, S&P Global Ratings expressed scepticism over allowing corporate ownership in banks given India's weak corporate governance amid large corporate defaults over t
Sensex, Nifty End Higher Led By Energy And IT Stocks
Indian benchmark indices in a highly volatile session managed to end the first trading day of the week to November 27, 2020 higher on huge
Motherson Sumi Jumps Over 6% After It Outlines 5-Year Plan
On Monday, shares of Motherson Sumi Systems (MSSL) rose over 6 percent to Rs 148.30, which is close to its 52-week high of Rs 151, after th
Coriander futures decline on low demand
Coriander contracts for December eased by Rs 48, or 0.73 percent, to Rs 6,522 per quintal in 4,090 lots.
Cottonseed oil cake futures rise on fresh bets
For delivery in January cottonseed oil cake rose by Rs 44, or 2.12 per cent, to Rs 2,116 per quintal with an open interest of 16,030 lots.
Guar seed futures decline on low demand
Guar seed prices decreased by Rs 63, or 1.53 percent, to Rs 4,054 per 10 quintal with an open interest of 5,565 lots.
Guar gum futures fall on low demand
Guar gum contracts for January delivery decreased by Rs 81, or 1.3 percent, to Rs 6,143 per five quintal in 8,935 lots.
Soybean futures slip on muted demand
On the National Commodity and Derivatives Exchange, soybean contracts for December delivery eased by Rs 46, or 1.03 percent, to Rs 4,441 pe
Vaccine hopes drive European stocks higher
The benchmark index clocked a third straight week of gains on Friday following recent COVID-19 vaccine breakthroughs.
YES Bank shares rise 2.4%, here's why
YES Bank shares have given almost 3% returns to investors in the last 2 days. In the last one-month period, YES Bank stock rose for 11 days and declined for 7 days, takin
Rupee opens on flat note at 74.12 per US dollar
The domestic unit opened at 74.12 per US dollar at the interbank forex market, after touching 74.17 per American currency in early trade
Consumer Durables stocks slide
Consumer Durables stocks were trading with losses, with the S&P BSE Consumer Durables index decreasing 255.27 points or 0.96% at 26436.72 at 13:47 IST.
Telecom stocks were trading in red, with the S&P BSE Telecom index decreasing 10.69 points or 0.9% at 1182.27 at 13:47 IST.
Australia shares end higher as biggest states lift border curbs
New South Wales and Victoria reopened their borders on Monday after more than four months of closure to contain the COVID-19 spread.
Motherson Sumi to tap non-auto biz to drive growth
In Motherson Sumi, we believe in the saying top line vanity, bottom line sanity, cash-in-bank reality, says Vivek Chaand Sehgal.
China's blue-chip index ends at over 5-yr high on materials, energy boost
A top official of the U.S. government's vaccine development effort said on Sunday that the first vaccines could be given to U.S. healthcare
Nifty 50 November Futures (12,923)
BL Research BureauDespite equity markets in Asia signaling mixed cues, the Indian benchmark indices opened on the front foot today. While the early ri
Recent Outage At HDFC Bank Was More Of A Capacity Issue
After HDFC Bank's online services remained disturbed between November 21 evening and November 22 morning, the apex banker of the country RB
Hindustan Unilever Ltd drops for fifth straight session
Hindustan Unilever Ltd is quoting at Rs 2109.6, down 0.5% on the day as on 13:19 IST on the NSE. The stock jumped 2.29% in last one year as compared to a 6.95% rally in N
Bank Nifty corrects from 29,500, to remain under pressure
Looks like a sell-on-rise market with news of new ownership norms being out, said Rajesh Palviya, derivatives head, Axis Securities, Palviy
9 stocks that analysts say can offer solid returns in 2-5 weeks
Govt to decriminalise provisions of LLP Act
One of the changes being proposed is allowing LLPs to issue non-convertible debentures.
Hedge your portfolio by deploying Long Put Butterfly spread: Rajeev Srivastav..
The key levels to watch for Nifty50 is 13,000, as a crossover of it will give a breakout and short covering in 13,000 call strikes will ext
SREI Infra Slumps 15% After RBI Conducts Special Audit, Rating Downgrade
On Monday, shares of SREI Infrastructure Finance fell over 15 percent to Rs 5.65 after the firm said that the Reserve Bank of India would b
NTPC Ltd rises for third consecutive session
NTPC Ltd is quoting at Rs 92.95, up 1.25% on the day as on 12:49 IST on the NSE. The stock is down 21.3% in last one year as compared to a 7.04% spurt in NIFTY and a 0.07
Power Grid Corporation of India Ltd up for third consecutive session
Power Grid Corporation of India Ltd is quoting at Rs 194, up 1.12% on the day as on 12:49 IST on the NSE. The stock is down 2.32% in last one year as compared to a 7.04%
Nestle India Ltd sees good buying
Nestle India Ltd is quoting at Rs 17734.45, up 1.57% on the day as on 12:49 IST on the NSE. The stock is up 22.42% in last one year as compared to a 7.04% gain in NIFTY a
Tata Consultancy Services Ltd soars 2.32%
Tata Consultancy Services Ltd is quoting at Rs 2721.9, up 2.32% on the day as on 12:49 IST on the NSE. The stock is up 30.77% in last one year as compared to a 7.04% spur
Jindal Steel & Power Ltd soars 2.77%, Gains for third straight session
Jindal Steel & Power Ltd is quoting at Rs 243.1, up 2.77% on the day as on 12:49 IST on the NSE. The stock is up 57.04% in last one year as compared to a 7.04% gain in NI
There are two main reasons behind this, the Market Guru said one is the hope around the vaccine and the likelihood of it coming to the market. The markets are not seeing
Commodity outlook: How gold, silver, oil and agri-commodities may fare today
Gold was up 0.24 per cent while silver added 0.07 per cent. Base metal counters were trading mixed with copper, zinc and lead in red and re
Ashish Kacholias top picks jumped up to 400% since March; swells his net wort..
With a 405 per cent growth, insurance technology firm Majesco emerged one of the top grossers in his portfolio. The stock has jumped to Rs
Strides Pharma corrects on profit taking
Strides Pharma Science fell 1.41% to Rs 700.25 on profit booking after advancing in the past three sessions.
Time to bet on good quality smaller banks
In the BFSI space, one should look at some of the midcap stocks and may be some quality smallcaps also, says Nischal Maheshwari.
Rupee trades flat against US dollar
The rupee opened on a flat note and was trading in a narrow range against the US dollar in opening session on Monday as rising COVID-19 cases offset
Motherson Sumi share price triples in 8 months, up 5% today on Vision 2025; s..
Research brokerage firms are upbeat on the stock post analyst meet, and see up to 15 per cent rally in the stock price. From March low of R
Future Retail share rises 10% after CCI clears Future Group-Reliance Retail deal
Future Retail share opened with a gain of 9.95% at Rs 79.25 against previous close of Rs 72.05 on BSE
Stock market update: BSE MidCap index rises 1%; Future Retail surges 10%
The index was trading 1.17 per cent up at 16628.22.
Gland Pharma Ltd leads gainers in 'B' group
Ujjivan Small Finance Bank Ltd, Signet Industries Ltd, Anant Raj Ltd and Orissa Minerals Development Company Ltd are among the other gainers in the BSE's 'B' group today,
Stock market update: Nifty Financial Services index down 1%; HDFC dips 4%
The index was trading 1.24 per cent down at 14034.35.
Equitas Holdings Ltd leads gainers in 'A' group
IDFC Ltd, Ujjivan Financial Services Ltd, Jammu and Kashmir Bank Ltd and Future Lifestyle Fashions Ltd are among the other gainers in the BSE's 'A' group today, 23 Novemb
Max Ventures gains after realty unit begins new commercial project
Max Ventures and Industries rose 1.13% to Rs 40.30 after the company's real estate subsidiary, Max Estates, started construction of its new commercial project on the Noid
Praj Industries share price jumps 5% on agreement with oil ministry
The scrip witnessed a spurt in volume by more than 4.27 times and was trading with volumes of 261,451 shares, compared to its five day aver
Stock market update: Nifty IT index gains 2%; L&T Infotech jumps 5%
The index was trading 1.92 per cent up at 21819.3.
L&T best bet in infra, buy Reliance on dips
I do not see much downside and all dips should be bought in Reliance, says Nischal Maheshwari.
Bajaj Finserv soars 60% gains in 16 days
Bajaj Finserv spurted 4.04% to Rs 8,881.55, extending gains for the sixteenth consecutive session.
Equitas Holdings, IDFC Locked In 20% Upper Circuit As RBI Panel Recommends Sw..
After the RBI's internal working group (IWG) as per a report recommended sweeping changes for the banking sector, bank, NBFC and microfinan
Lakshmi Vilas Bank tumbles to all-time low, erodes 48% over 5 sessions
The stock has been falling for five straight sessions and has erased more than 48 per cent of its value in the period.
Indian firms can now seek arbitration outside India
Choice of jurisdiction is important as that decides which country's law would apply in settlement of the dispute, says Sudipto Dey.
Rally in beaten-down stocks globally shows the world is interconnected
The crowded long trades in the beloved Stay-at-Home tech stocks, the comfort-giving pharma stocks, and other stocks that have made some of
Stock market update: Nifty Pharma index jumps nearly 3%; Dr Reddy's Lab climb..
The index was trading 2.6 per cent up at 11826.85.
Equitas, IDFC, Ujjivan jump as RBI panel recos may collapse holding co discou..
The central banks panel on private banks has backed the continuation of Non-Operative Financial Holding Company (NOFHC) as the preferred st
Nifty hovers near 12,900; pharma stocks rally
At 11:25 IST, the barometer index, the S&P BSE Sensex, was up 94.7 points or 0.2% at 43,969.14. The Nifty 50 index rose 34.55 points or 0.27% at 12,893.80.
Byju's raises $200 mn; valuation surges to $12 bn
While BlackRock is an existing investor in Byju's, T Rowe joined as a new investor.
CARE Revises Lakshmi Vilas Bank Ratings, Stock Slumps
Rating agency CARE has revised the rating on Lakshmi Vilas Bank's unsecured redeemable non-convertible subordinated Lower Tier II bonds to
Select financial stocks in demand after RBI Internal Working Group's suggestion
Shares of select banks, non-banking finance companies (NBFCs) and microfinance institutions (MFIs) after the Reserve Bank of India's (RBI's) internal working group propos
Volumes soar at Tube Investments of India Ltd counter
Tube Investments of India Ltd recorded volume of 6.01 lakh shares by 10:48 IST on BSE, a 60.5 times surge over two-week average daily volume of 9937 shares