Tata Technologies IPO: On November 22, 2023, a Wednesday of the following week, Tata Technologies Ltd.’s initial public offering is scheduled to launch on the Indian primary market. Tata Technologies’ IPO price range has been set by the Tata group company at ₹475 to ₹500 per equity share. Ahead of the subscription opening date for…
Stock Market Highlights: Indian stocks were mixed on Friday, with a decline in financials stocks following the country’s central bank tightening regulations on consumer lending offsetting a rise in response to an improvement in the outlook for the U.S. a drop in oil prices and interest rates. Financial services, banks, and private banks all saw…
Tracking a mix of global cues, the Indian stock market indices, Sensex and Nifty 50, are likely to hold onto their gains and open higher. The Indian benchmark index is off to a good start, according to Gift Nifty’s trends. Compared to the Nifty futures’ previous close of 19,723, the Gift Nifty was trading at…
Indian stock indices are expected to open higher on Wednesday, following a sharp rally in Asian and US markets amid positive global cues. – Nifty 50 and Sensex Gift Nifty trends also point to a gap-up start for the Indian benchmark index. The Gift Nifty was trading around the 19,743 level, compared to the previous…
Holiday in the Stock Market: Due to Diwali Balipratipada, the Indian stock market will be closed today, November 14, 2023. The SLB segment, equity derivatives segment, and equity segment will not be open for trading. Additionally closed to trading today is the currency derivatives market. The Multi Commodity Exchange (MCX) will not open for trading…
Diwali 2023: BHEL (Bharat Heavy Electricals Ltd), GAIL Ltd, Godrej Consumer Products Ltd, Godrej Properties Ltd, Hero MotoCorp Limited, United Spirits Ltd (MCDOWELL-N), State Bank of India (SBIN), Tata Consumer Products Ltd, and UltraTech Cement Ltd continue to be PhillipCapital’s top technical DIWALI PICKS- (YEAR-2023). About BHEL, PhillipCapital has set first and second target prices…
Stocks – A market capitalization of more than one lakh crore is a significant achievement for listed companies. Since last Diwali, nine companies have accomplished this, demonstrating their tenacity in a volatile market. On September 1, Bharat Electronics’ market capitalization surpassed one lakh crore. After hitting a one-year low of 87 in March, the shares…
Sensex: Indian stock markets began the day flat, but as the session went on, they became erratic and finished the day lower. On Thursday, the day of the weekly F&O expiry, benchmark indices finished lower due to front-end selling. Furthermore, doubts regarding declining refinery profits in China and Europe, a lackluster physical cargo trade, and…
Sensex and Nifty: Around 9:45 a.m., the S&P BSE Sensex was up 2.12 points to 64,944.52, while the NSE Nifty 50 gained 17.30 points to 19,424. Despite positive global cues, benchmark stock market indices opened flat on Wednesday. Some heavyweight banking stocks fell, contributing to the flat start. Around 9:45 a.m., the S&P BSE Sensex…
Trading strategies: On the daily timeframe, L&T has been forming a rounding top formation. It formed a base at the 50-day moving average and recovered from the demand zone at around Rs 2,850. Domestic equity indices ended a two-day winning streak on Tuesday, owing to profit-taking in certain pockets. The BSE Sensex fell 237.72 points,…
