Stocks in news: Equity markets ended a three-week winning streak with a loss of over 1.5%, influenced by weak global cues. Key stocks in focus include SpiceJet, Shriram Finance, Suven Pharma, Mazagon Dock, and Suzlon Energy due to various news developments such as funding plans, regulatory approvals, and significant contracts.
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Tokyo’s Nikkei index dives 3% after global market slump
Tokyo’s Nikkei index shed more than three percent on Monday, after weaker than expected US jobs growth and speculation over a Fed rate cut caused global markets to slump. Japan’s currency has recently picked up on bets of a US Federal Reserve interest rate cut and growing expectations that the Continue Reading
Surplus liquidity shows govt’s foot on spending pedal
Government expenditure is rebounding, leading to surplus liquidity in the banking sector as the Centre injects cash into the system. The Reserve Bank of India’s tolerance of this surplus suggests a potential shift toward softer monetary policy. Analysts note that government spending has been steadily increasing over the past few Continue Reading
Market Trading Guide: Canara Bank, SBI Card among 6 stock recommendations for Monday
India’s benchmark indices logged their worst week in three months on Friday, amid concerns over US recession fear, dragged by banking and IT stocks. The S&P BSE Sensex closed 1.24% lower at 81.183, while the NSE Nifty50 ended below the 24,900 mark.”The short-term uptrend of Nifty seems to have reversed Continue Reading
Aadhar Housing Finance among 7 stocks on which brokerages initiated coverage, expected to rally up to 40%
Brokerages have started coverage on several stocks, including Aadhar Housing Finance, Chalet Hotels, Godawari Power & Ispat, and Praveg, predicting up to 40% upside potential.
Tolins Tyres IPO opens on Monday. What GMP signals ahead of subscription?
Tolins Tyres IPO opens September 9 with a price band of Rs 215-226. Grey market premium suggests a 13% gain. The company aims to raise Rs 230 crore, with notable anchor investors.
Technical Breakout Stocks: How to trade Glenmark Pharma and Suven Life on Monday
The Indian market closed in the red for the fourth consecutive day in a row on Friday. The S&P BSE Sensex fell more than 1000 points while the Nifty50 closed below 24,900 levels
Bajaj Housing Finance IPO Opens Tomorrow; GMP Signals 73% Upside
Bajaj Housing Finance’s IPO launches September 9 with a price band of Rs 66-70 per share. The grey market premium indicates a 73% potential upside. Rs 6,560 crore is to be raised.
LTIMindtree, Max Financial Services among 5 stocks with long buildup
A long buildup occurs when open interest and trading volumes increase alongside a rise in the underlying stock price in the Futures and Options segment, signaling a bullish market trend. In Friday’s trading session, five stocks saw fresh long positions. Here’s the list:
F&O Talk: Market lacks strength, 25,350 critical resistance for Nifty, says Sahaj Agrawal of Kotak Securities
Indian benchmark indices saw a significant drop of over 1% on Friday due to weak global signals and regulatory challenges. Analyst Sahaj Agrawal from Kotak Securities discussed the market outlook, highlighting critical resistance levels for Nifty and Bank Nifty. He suggested focusing on specific sectors like Pharma, FMCG, and consumer Continue Reading