Depository of News

Three trading ideas by Ajit Mishra: Buy Adani Ports, Federal Bank; sell DRL

We're seeing noticeable traction in the banking pack and Federal Bank has recently witnessed a breakout from a consolidation range

Stocks to Watch: Havells, JustDial, Jubilant Food, L&TFH, TajGVK, Tata Comm

Ferilisers, banking shares along with result-oriented stocks like Just Dial, Jubilant Foodworks, Tata Communication, Nestle India and Rallis India to be in focus today

Gold price today at Rs 47,510 per 10 gm, silver selling at Rs 64,200 a kg

In New Delhi and Mumbai, 10 gm of 22-carat gold was selling at Rs 46,450 and Rs 46,510

Market Ahead Podcast, Oct 20: Top factors that could guide markets today

Dalal Street ended its longest winning streak in nearly 10 months as benchmark indices closed lower on Tuesday, after trading higher for most part of the day

MARKET LIVE: Q2 earnings, global cues to guide indices; RIL, ACC in focus

Stock market LIVE: Jubilant FoodWorks, Havells India, and L&T Finance Holdings are among the 33 firms slated to release their September quarter earnings today

Oil gains from highest close since 2014 as US dollar falls

The Brent crude benchmark rose 34 cents to $84.67 a barrel

Temper expectations from privatisation trade, say analysts

The brokerage says listed PSUs face several challenges and continued government ownership may weigh on their performance

In a landmark, US bitcoin ETF opens with explosive trade volume

Fund rises as much as 5.4% on debut; over 12 million shares change hands

Gold demand likely to be robust in 2022: World Gold Council

The demand for gold is likely to remain subdued this year following Covid-related disruptions that continues in India, the World Gold Council (WGC) said in a report

Proshares Bitcoin-futures ETF starts trading in watershed moment

Meanwhile, the price of Bitcoin has been rising in anticipation

Market's seven-day winning streak ends as FMCG stocks drag indices lower

Sensex sheds 0.08%, Nifty takes a deeper cut of 0.3% at close; mid-caps see 2% cut

IRCTC m-cap tops Rs 1 trillion in intraday trade before settling 16% lower

Ends the day with a market cap of Rs 85,808 cr; stock has risen 3.3x this year; other firms in railways too come off from intraday highs amid buzz that govt is appointing a regulator for the sector

Market Wrap Podcast, Oct 19: Here's all that happened in the markets today

IRCTC dropped 16 per cent its record high level of Rs 6,393, touched earlier today, to end nearly 9 per cent lower relative to its previous close

Post 30% rise, RIL rating cut by top Nomura analyst for first time in years

The stock is trading at about 27 times of its 12-month forward earnings estimate, more than two standard deviations above its 10-year average

Policybazaar's parent firm PB Fintech gets Sebi nod for Rs 6,017-cr IPO

As per the draft papers, the firm may consider raising around Rs 750 crore by way of a private placement of equity shares ahead of the IPO

HUL Q2 results: Profit rises 9% YoY; declares Rs 15 interim dividend

The company declared an interim dividend of Rs 15 per equity share of the face value of Re 1 each for the financial year ending March 31, 2022

India's gold demand may slow down due to declining household savings

Gold demand in India is likely to face challenges from a declining household savings rate and lower agricultural wages

L&T Group shares in demand; L&T hits record high, LTI soars 16%

L&T, on Monday, emerged as the lowest bidder for the construction and maintenance of the first three buildings of the Common Central Secretariat under the Central Vista redevelopment project

TTK Prestige zooms 20%, hits record high as board to consider stock split

A stock split is generally done to make the scrip more affordable for small retail investors and increase liquidity

Indian Energy Exchange soars 20%, hits new high as firm to mull bonus issue

The board of directors of the company at their meeting scheduled on October 21, 2021, would consider the proposal for declaration of bonus issue of equity shares

L&T Infotech surges 10%, nears record high on robust Q2 results

The company reported the strongest sequential revenue growth of 8.9 per cent in constant currency terms during the July-September quarter

IRCTC m-cap surpasses Rs 1-trillion; stock zooms 293% in 6 months

At 09:32 am, IRCTC was trading 6.9 per cent higher at Rs 6,283.50, with a market-cap of Rs 100,612 crore

Market Ahead Podcast, Oct 19: Top factors that could guide markets today

The markets extended its winning run to the seventh-straight day on Monday on the back of aggressive buying metal and select IT and financial shares

MARKET LIVE: Indices eye fresh record highs at open; HUL, SBI in focus

Stock market LIVE: Analysts expect HUL to post low double-digit growth in September quarter revenue between 10 per cent and 15 per cent, while the bottom line may rise by 8-10 per cent YoY

2 stocks ideas by Osho Krishan of Anand Rathi: HDFC Life, Cummins India

CUMMINS INDIA is trading in a rising channel and is currently placed near the lower band of the channel signalling a near-term resurgence

Stocks to Watch: HUL, ACC, Airtel, L&T Infotech, SBI, RIL, Adani Ports, IEX

L&T Infotech and UltraTech Cement are likely to react to Q2 numbers this morning, while focus shall also be on Hindustan Unilever, ACC and other stocks ahead of September quarter results

Market Ahead Podcast, Oct 18: Top factors that could guide markets today

The markets extended its winning run to the seventh-straight day on Monday on the back of aggressive buying metal and select IT and financial shares

S&P, Nasdaq enjoy boost from big tech firms; Dow Jones dips

The S&P 500 gained 15.01 points, or 0.34%, to 4,486.38 and the Nasdaq Composite added 124.47 points, or 0.84%, to 15,021.81

Oil prices pull back as US factory data intensifies demand concerns

Brent crude oil futures settled down 53 cents or 0.6% at $84.33 a barrel after hitting $86.04, their highest since October 2018

Asian shares jittery ahead of China's economic data; oil hits fresh highs

Oil prices hit new multi-year peaks, continuing their recent surge amid a global energy shortage

Dollar makes wobbly start as global inflation surges; kiwi jumps

The dollar made a wobbly start to the week on Monday with the kiwi and sterling edging higher after a red-hot inflation readout in New Zealand and hawkish remarks from Britain's central bank chief

Bitcoin investing could get boost from exchange-traded fund

Interested in Bitcoin but don't want to open a crypto trading account? Wall Street has something for you. ProShares said Monday it plans to launch the country's first exchange-traded fund linked to Bitcoin. The ETF with the ticker symbol BITO is expected to

Buoyed by power crunch, Brent crude oil crosses $86-mark

Brent crude oil futures were up 13 cents, or 0.15 per cent, to $84.73 a barrel at 9.00 pm ist, after hitting $86.04, their highest level since October 2018

Market rally: Investors richer by Rs 12.49 trn in seven trading sessions

Equity investors saw their wealth rise by more than Rs 12.49 lakh crore as markets continued their rally for the seventh straight session on Monday.

Bitcoin hovers near 6-month high on ETF hopes, inflation worries

If the U.S. Securities and Exchange Commission (SEC) does not object, the ProShares Bitcoin Strategy ETF completes a 75-day period since the fund manager filed plans and could begin trading on Tuesday

Sebi official asks investors not to carry away by unrealistic gains stories

Investors should observe maximum due diligence while investing in stock market and should not be carried away by stories of unrealistic gains, Sebi Whole Time Member G Mahalingam said

India to push for lower price at CERAWeek as crude oil hits $85 a barrel

India will be anchoring the international meeting, which will be attended by representatives from the world's largest oil producer, Saudi Arabia and Opec

Market Wrap Podcast, Oct 18: Here's all that happened in the markets today

Extending their winning streak into seventh straight session, benchmark indices closed at record closing peaks for the sixth day in a row amid stellar buying in PSU bank, metals, and IT stocks

GPT Healthcare files draft IPO papers with Sebi; may raise up to Rs 500 cr

Proceeds from the fresh issuance of shares will be used to purchase medical equipment and general corporate purposes.
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