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Macroeconomic data, global market trends and trading activity of foreign investors will be the key drivers for dictating market sentiment this week, analysts said. "This week, volatility may increase ahead of the November derivatives expiry. Domestically, markets will track several high-impact macro releases, including Q2 GDP data and industrial production. "Globally, investors will continue to monitor US market performance and key economic releases for direction. These indicators are expected to shape near-term risk sentiment and influence foreign flows," Ajit Mishra- SVP, Research, Religare Broking Ltd, said. Last week, the BSE benchmark jumped 669.14 points or 0.79 per cent, and the Nifty went up by 158.1 points or 0.61 per cent. On November 20, the BSE benchmark hit its 52-week high of 85,801.70, and the Nifty reached its 52-week peak of 26,246.65. Vinod Nair, Head of Research, Geojit Investments Limited, said, "The market may witness some profit-booking in the near term if the
British billionaire Joe Lewis, whose family trust owns the Tottenham Hotspur soccer club, was pardoned by President Donald Trump more than a year after he was fined $5 million after pleading guilty to insider trading and conspiracy charges in New York, authorities said Thursday. Lewis, 88, had requested a pardon so he could receive medical treatment and visit his grandchildren and great grandchildren in the United States, according to a White House official who spoke on condition of anonymity to discuss a pardon that has not been officially announced. Lewis pleaded guilty in January 2024, saying he knew that sharing nonpublic information, which he had learned from corporate boardrooms about publicly traded companies, with others who then bought stock in those companies was wrong. At the time of the plea, he was free on $300 million bail. According to prosecutors and an indictment, Lewis shared the secrets with friends, employees and romantic interests from 2019 to 2021, urging them
Stock broking firm Groww is planning to roll out a new trading terminal designed specifically for experienced and professional traders. The upcoming terminal, named '915', will be India's first fully custom-built trading platform. "915 will cater to high-volume traders and will be hosted outside the Groww app," market sources said. Under this, traders would be able to customise their unique dashboards based on their distinctive trading styles and data resources. While the company did not respond to queries regarding the launch, industry insiders believe that Groww is aiming to deepen its engagement with 'pro' and full-time traders. The new terminal will specifically serve those who seek high performance, advanced tools, and a fully customisable trading workspace. The key features of the platform include historical straddle charts, highly customizable dashboards, a real-time P&L chart, and fast order execution. This initiative is part of Groww's broader efforts to diversify its ..