Reseñas

On Wednesday, five stocks are subject to a F&O trade ban: Aditya Birla Fashion and Retail (ABFRL), Granules India, Hindustan Copper, Vodafone Idea, and Indian Energy Exchange (IEX).

Rajat Sharma, Founder & CEO of Sana Securities, advises caution in the overheated energy and energy transition sectors. He recommends considering oil marketing companies like HPCL, BPCL, and GAIL due to favorable oil prices. Sharma believes the power sector in India will perform well but suggests waiting for a market Continue Reading

India’s key stock indices reached all-time intraday highs, with the Nifty crossing 26,000 and the Sensex breaching 85,000. Despite a choppy session, the indices ended flat. Market sentiment was boosted by rate cuts from the US Federal Reserve and measures from China’s central bank to revive its economy.

Swiggy has received market regulator approval for its $1.25-billion IPO, signaling strong interest in new-age investments amid India’s consumer boom. The Bengaluru-based company will raise ₹3,750 crore in fresh capital and offer up to ₹6,664 crore through an offer-for-sale. Major investors like Prosus and SoftBank are expected to sell part Continue Reading

Equity markets closed nearly unchanged on Tuesday. Shares of EaseMyTrip, Exxaro Tiles, NBCC, PC Jewellers, Delta Corp, and Tata Power will be in focus due to various developments. Notable updates include promoter stake sales, block deals, Supreme Court petitions, stock splits, qualified institutional placements, demergers, and a fire incident at Continue Reading

Asian shares rose for the fifth consecutive day, driven by Beijing’s support measures. US stocks also hit new highs amid expectations of further rate cuts. Chinese equities saw significant gains following a stimulus package. Investors are closely watching US economic data and Federal Reserve actions for future market direction.

BofA bought 6.7 lakh shares in Exxaro Tiles Limited through a block deal at Rs 96.22 per share. Setu Securities Pvt Ltd also bought shares in the company. Exxaro Tiles is a Gujarat-based manufacturer of vitrified tiles.

HDFC Bank and ICICI Bank have spearheaded a resurgence in private banking sector, with significant contributions from other major players such as Axis Bank, Kotak Mahindra Bank, Bandhan Bank, and IndusInd Bank. Over the past month, HDFC Bank’s share price has increased by 8%, while ICICI Bank has seen an Continue Reading

MCX revised transaction fees for futures and options contracts, effective October 1, 2024. The new fees are Rs 2.10 per lakh for futures and Rs 41.80 per lakh for options. MCX offers trading in commodity derivatives across bullion, industrial metals, energy, and agricultural commodities.

KRN Heat Exchanger IPO GMP Today: KRN Heat Exchanger IPO opens for subscription on September 25. The issue has a GMP of Rs 240, indicating a 110% premium. The IPO price band is Rs 220. The allotment of the issue is divided among QIBs (50%), retail investors (35%), and non-institutional Continue Reading