Gold price: The yellow metal faces risk from fickle bond yields as deficit concerns loom large. Near-term upside is limited, says Praveen Singh of Sharekhan
F&O cues for Nov 08: According to the options data, the max pain level for the Nifty now stands at 24,200, and for Bank Nifty at 52,100; says Dhupesh Dhameja of SAMCO Securities.
Trading strategies in Nifty and Bank Nifty by market experts: Consensus view is that Nifty may hold the bullish bias as long as the index holds above 24,000-mark; check key levels here.
BS BFSI Summit: There is limited room for PE multiples to move up and return expectations going ahead have to be moderate, analysts said at the Business Standard BFSI Insight Summit
Sebi has proposed to reduce the minimum mandatory investment requirement for the designated MF employees, especially those with lower in-hand salary
US election results: A Trump sweep is positive for equities and reinforces Julius Baer's long-standing preference of US equities over Europe
Technical charts indicate that the 5 newly added stocks to the MSCI index are favourably placed and could soar up to 19% in forthcoming trading sessions.
The management expects Q3 to be muted as the BFSI sector is expected to face certain headwinds on account of the new RBI regulations, ICICI Securities said in a note
MSCI index rebalancing: Adani Energy Solutions has been issued a show cause notice by the Securities Exchange Board of India (Sebi) for potential wrongful categorisation of shareholding
FDC reported its Q2 numbers that showed the company registered a consolidated net profit of Rs 72 crore as compared to a net profit of Rs 70 crore Y-o-Y
Kalyan Jewellers India, Voltas, and BSE were upgraded from the small cap segment to mid cap segment of the MSCI Emerging Markets Index
F&O cues for Nov 07: Meanwhile, Bank Nifty PCR dipped to 0.72, reflecting a shift towards a cautious outlook, says Dhupesh Dhameja of SAMCO Securities.
After cheering Trump's victory, focus will now shift to US Fed's policy decision. Meanwhile, September quarter results and macroeconomic data will also be eyed
The initial public offer of Sagility India Ltd, a technology-enabled services provider in the healthcare space, received a 52 per cent subscription on day two of bidding on Wednesday. The initial share sale received bids for 20,09,58,500 shares against 38,70,64,594 shares on offer, as per NSE data. The portion for retail individual investors (RIIs) fetched 2.24 times subscription while the quota for non-institutional investors got subscribed 24 per cent. The qualified institutional buyers (QIBs) part received a 7 per cent subscription. Sagility India Ltd on Monday said it has mobilised over Rs 945 crore from anchor investors. The issue, with a price band of Rs 28-30 per share, will remain open for public subscription until November 7. The Bengaluru-based company's IPO is entirely an offer for sale (OFS) of 70.22 crore shares worth Rs 2,106.60 crore at the upper end of the price band. Promoter Sagility BV is selling its stake through the OFS. The entire proceeds from the public is
As per CNN, Trump is leading by 266 electoral votes against Kamala Harris with 195 votes
KRN Heat Exchanger share price was locked in the upper circuit of 20% at Rs 537 on the BSE today
Orient Technologies hit a new high of Rs 414, as they 14% in Wednesday's intra-day trade, zooming 101% against issue price of Rs 206 per share.
Derivatives market update: The current low open interest in Nifty implies signs of profit booking rather than fresh short position, believes James Kunnel, Derivatives Analyst at Asit C Mehta.
US election results: The brokerage believes Donald Trump's protectionist policies such as higher tariffs, and policies against immigration, could be a curve ball for global trade
F&O cues for Nov 06: The Nifty options data reflects a cautious outlook, with call writing significantly outpacing put activity, says Dhupesh Dhameja of SAMCO Securities.