Stock market highlights June 24: The benchmarks surged over 1 per cent during early trade but failed to hold at higher levels following reports of a breach in the Iran-Israel truce
The domestic stock market will continue to monitor the Israel-Iran conflict and its impact on global supplies besides prices of crude oil this week, analysts said. Global trends and trading activity of foreign investors would also drive investors' sentiment during the week. The Indian stock market concluded the last week on a robust note, shrugging off mid-week volatility triggered by escalating tensions in the Middle East and a spike in crude oil prices, an expert said. "This week, global cues will remain the dominant force, with a focus on geopolitical tensions between Iran and Israel, US economic data, and commentary from the Federal Reserve officials. "Domestically, investors will closely monitor monsoon progress, volatility related to monthly expiry, crude oil price movements, and FII activity for further cues," Ajit Mishra,? SVP, Research, Religare Broking Ltd, said. On Friday, the BSE Sensex surged 1,046.30 points, or 1.29 per cent, to settle at 82,408.17. The 50-share NSE
All the major sectoral indices were trading higher, led by the PSU Bank index up over 2 per cent
The majority of sectors, barring Nifty Auto and Consumer Durables, were trading lower on Wednesday
The average gain for Ambuja Cements, an Adani group stock, after witnessing 'Golden Cross' formation has been 86% in the last three instances; can history be repeated? Here's what the charts say.
Aten Papers and Foam Day 2 subscription status: The SME IPO has received applications for 23,86,800 shares out of the 33,00,000 shares available
Equity MF inflows fell for the fifth consecutive month to ₹19,013 crore-the lowest in 13 months
Muted revenue growth, price competition and destocking drag Q4FY25 earnings of tile, pipe and wood panel makers, with brokerages signalling further near-term weakness
Technically, the near-term bias for the Nifty is likely to remain favourable as long as it holds above 24,512; below which the index can slip another 2 per cent to test its 200-day moving average.
Sebi announces a settlement window for brokers linked with unauthorised algo platforms promising assured returns; applications open from June 16
Oswal Pumps IPO: The issue comprises a fresh issuance of ₹890 crore and an offer-for-sale (OFS) component of 8.1 million shares
Investors can check Ganga Bath Fittings IPO allotment status on the official websites of the NSE and Kfin Technologies
Faster allotments and streamlined processes put capital raising into high gear
The Sensex closed at 82,189, up 747 points (0.9 per cent), while the Nifty 50 index settled at 25,003, gaining 252 points
LNG prices may remain muted over the next 3-4 years due to new LNG capacity and bearish crude oil trends
Sacheerome IPO aims to raise ₹61.62 crore through a fresh issue of 6.04 million equity shares
Investors can check 3B Films IPO allotment status on the official websites of the BSE and Maashitla Securities
Sectoral indices settled on a mixed note and the Nifty Realty emerged as top sectoral gainer
Markets regulator Sebi on Monday tweaked the investor charter for investment advisers and research analysts to enhance financial inclusion and financial literacy. This came in view of the recent developments in the securities market, including the introduction of the Online Dispute Resolution (ODR) platform and SCORES 2.0 -- a web-based centralised grievance redressal system of Sebi. The modified charter includes vision, mission, services provided to investors and details of business transacted by investment advisers (IAs) /research analysts with respect to their investors, according to separate circulars. Additionally, it includes rights and responsibilities of investors; details of redressal mechanism available to investors and how to access it, along with formats for investors complaints data to be disclosed monthly by IAs and RAs on their website and mobile applications and trend of annual disposal of complaints. The markets regulator has investment advisers and research analys
Weekly Market Outlook: The BSE Sensex may trade in the 80,600 - 82,300 range this week, the BSE benchmark could surge to 83,770 levels in June; suggests technical chart.