This should have impacted Avanti’s prices but the impact has been pretty muted and the stock is consolidating near 600.
Are there any fine prints in play ?
Posts in category All News
ITI emerges lowest bidder for three BharatNet packages; shares up 11 % (11-11-2024)
ITI was the lowest bidder for the ₹1,537-crore Project 15 spread across Arunachal Pradesh, Nagaland and Manipur
Stock market update: Nifty Bank index 0.61% (11-11-2024)
The Nifty Bank index closed 0.61 per cent at 51876.75.
INR slumps further to fresh lifetime lows (11-11-2024)
The Indian rupee declined for the fourth straight session, down 2 paise to hit a new lifetime low of 84.39 (provisional) against the US dollar on Monday, weighed down by persistent foreign fund outflows and a muted trend in domestic equities. Indian shares fluctuated before ending on a flat note Monday. Global cues were mixed but oil extended steep declines from Friday, helping ease concerns around twin deficits. Concerns over FII flows exerted downward pressure on stock prices as the dollar held firm near last week’s four-month peak versus major peers on optimism around Donald Trump’s presidential victory. The benchmark 30-share BSE Sensex ended the session up 9.83 points at 79,496.15 while the broader NSE Nifty index finished down 6.90 points at 24,141.30. At the interbank foreign exchange, the rupee opened at 84.38 against the US dollar. During the session, the local currency touched a high of 84.37 and a low of 84.39. It finally settled at 84.39 (provisional), registering a loss .
Sensex rises! These stocks rallied over 15% on BSE in today’s trade (11-11-2024)
In the Nifty50 index, 20 stocks closed in the green, while 30 stocks ended in the red.
Euro net speculators sharply reduce net short position (11-11-2024)
Large currency speculators in the Euro futures market sharply reduced net short position, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC). The non-commercial futures contracts of Euro futures, traded by large speculators and hedge funds, totaled a net short position of 21653 contracts in the data reported through November 05, 2024. This was a weekly fall of 28651 net short contracts.