Page 280 - Markets

F&O data shows Nifty pivot at 23,550; Can Bank Nifty trigger a pull-back?

F&O cues for Nov 18: As long as Bank Nifty holds the 200-DEMA support near 49,900, the index could witness a pullback move towards 50,500-50,600 levels, believes Hrishikesh Yedve of Asit C. Mehta.

Foreign investors, Gold prices, FPI selloff, US bonds and more

Indian markets are facing challenging times as foreign investors withdraw funds following Donald Trump's victory in the US presidential election

Sebi slaps Rs 26 cr notice on Reliance Big Entertainment in RHFL fund case

Capital markets regulator Sebi has asked Reliance Big Entertainment to pay Rs 26 crore in fines for failing to clear penalties imposed by the regulator in a case pertaining to illegal diversion of funds. The regulator also warned that assets, including bank accounts, of Reliance Big Entertainment Pvt Ltd (now known as Rbep Entertainment Pvt Ltd) will be attached if they fail to make the payment within 15 days of the notice issued on Thursday. The notice was issued after the entity (Reliance Big Entertainment) failed to pay the Rs 25 crore fine imposed by the regulator in August this year. In the demand notice, Sebi directed the entity to pay Rs 26 crore, including interest and recovery costs within 15 days. In August this year, the markets watchdog barred industrialist Anil Ambani and 24 others from the securities market for five years on charges of diversion of funds from RHFL. Additionally, Sebi has imposed a penalty of Rs 25 crore on Ambani and restrained him from serving as a

Stock market holiday: Long weekend alert! BSE, NSE closed on Friday, Nov 15

The Indian stock market will be closed for 3 consecutive days and will reopen on Monday, November 18, 2024

Zomato, ATGL, Paytm: Should you buy these stocks as NSE approves F&O entry?

The NSE has approved the addition of 45 new stocks to the F&O; technical chart suggests that these 5 including the likes of Paytm, Zomato and Adani Total Gas can zoom up to 27% from present levels.

NBCC India jumps 4% on reporting 53% rise in Q2 profit, revenue up 19%

NBCC reported its Q2 results on Wednesday in the last few minutes of market hours. The company's consolidated profit rose 53 per cent to Rs 122 crore as compared to Rs 79.59 crore a year ago

Nalco rises 5% on stellar Q2 show; PAT up nearly 5x, announces dividend

Nalco reported its Q2 results on Wednesday, after market hours. The company's consolidated profit rose more than five-fold to Rs 1,045.97 as compared to Rs 187.35 crore a year ago

FIIs add short positions in Nifty, Bank Nifty; OI rises up to 75% in Nov

F&O cues for Nov 14: Nifty has dipped nearly 3% thus far in Nov series, with FIIs holding short positions in 3:1 ratio; while retail investors holding bullish bets at 2:1 in index futures, shows data.

Ravi Nathani suggests buying dips in Nifty Metal; sell on rise in pharma

Nifty Metal is currently approaching critical support levels between 8,800 and 8,700, while Nifty Pharma Index shows a clear downtrend on the charts

Sebi proposes to double minimum net worth requirement for custodians

Assets under their custody jumped to Rs 278.5 trillion by September 2024 from Rs 2.7 trillion in 2002

IPO-bound NTPC Green targets to invest Rs 1 trn in solar, wind assets

IPO-bound NTPC Green Energy is aiming to invest up to Rs 1 lakh crore in solar and wind assets by FY27, a top official said on Wednesday. Assuming about 20 per cent of the investment to come from equity, it will need Rs 20,000 crore of its own funds for the expansion, its chairman and managing director Gurdeep Singh told reporters here, adding that Rs 10,000 crore of funds will be coming through the upcoming initial public offering. The company will be able to raise the remaining resources through internal accruals, he added. For the debt part, the company enjoys a very good credit rating from multiple agencies courtesy the strong parentage in India's biggest power producer NTPC, Singh said, stressing that this enables it to land debt at softer rates when compared to rivals. NTPC Green Energy, which has an installed capacity of 3,220 MW right now, is aiming to take up the same number to 6,000 MW by March 2025, 11,000 MW by March 2026 and 19,000 by March 2027, Singh said, adding tha

Rival Zomato's CEO congratulates Swiggy on stock market listing

In a kind gesture, Zomato CEO Deepinder Goyal on Wednesday congratulated rival Swiggy on its stock market debut, whose shares got listed at a premium of nearly 8 per cent on the NSE. "Congratulations @swiggy! Couldn't have asked for a better company to serve India with..," Goyal said in a post on X, tagging another post by Zomato which said, "You and I... In this beautiful world @Swiggy". Swiggy got listed at Rs 420, a jump of nearly 8 per cent from the issue price on the NSE. The Rs 11,327-crore initial public offer of Swiggy got fully subscribed on the final day of the share sale on Friday, ending with 3.59 times subscription. Marking its stock market debut, Swiggy rolled out an ad film encapsulating the brand's ethos and the decade-long journey that led to the milestone. In a tribute to the backbone of Swiggy's operations, two of the company's delivery partners, Jigar Khan and Namrata Vora, were invited to join Swiggy's Co-Founders and Management Team on stage at the National St

Patel Engineering shares up 6% on healthy Q2 show; PAT up 95%, rev up 15%

Patel Engineering's revenue from operations rose 15 per cent to Rs 1,174.3 crore as compared to Rs 1,021.3 crore a year ago

Globus Spirits shares slip 15% in 2 days; here's what's worrying investors

Globus Spirits recorded a revenue of Rs 8741.1 crore, up 18.3 per cent, as compared to Rs 739 crore a year ago.

NMDC Steel shares drop 5% as loss widens to Rs 595 cr in Q2, margins dip

The Earnings before interest, tax, depreciation, and amortisation (Ebitda) for the second quarter stood declined to Rs 441 crore from Rs 72 crore a year ago

Weekly contracts that made India top options market has last trading day

The surge in options trading boosted revenue for the nation's two stock exchanges and attracted the biggest Wall Street firms

Silver may fall to $29 in near-term; here's how to trade white metal today

With China's fiscal stimulus failing to excite investors, Silver is likely to be under pressure in the short term, even gold and copper prices weaken

Gold likely to be under pressure in near-term; check support levels

Spot gold tumbled to the lowest level in nearly 7 weeks on November 12 as investors piled into risk assets on optimism over the US growth prospects with Trump at the helm

ACME Solar listing: Shares make poor debut on bourses at Rs 251 on NSE

ACME Solar shares opened lower on bourses at Rs 259 on BSE lower than Street's expectations

What to do with Nifty Energy & FMCG today; Ravi Nathani suggests

Nifty Energy is currently trading near critical support levels, around 37,700 and Nifty FMCG is showing a clear downtrend on the charts, with a key support level anticipated around 55,900