Markets regulator Sebi on Wednesday proposed allowing Associations of Persons (AOPs) to open demat accounts in their name to hold certain securities, excluding equity shares.
Posts in category Economic Times
New policy surrender rules, intense competition likely to affect HDFC Life’s H2 performance (16-10-2024)
The stock of HDFC Life recovered partially on Wednesday, gaining 1.9% after sliding by nearly 4% the previous day following the insurer’s second quarter result announcement. The stock reported weakness despite the double digit growth in premiums and improving market share.
Market Trading Guide: Voltas, Ambuja Cements among 5 stock recommendations for Thursday (16-10-2024)
Indian headline indices struggled to gain momentum, dragged by weak global cues and broad-based sell-off. IT, auto, and FMCG stocks were the biggest drag on the Nifty 50.
These 6 stocks hit 52-week highs, rallied up to 19% in a month (16-10-2024)
The 52-week high marks the highest point a stock’s price has reached over the past year. This peak price serves as a key indicator for those involved in the stock market, offering valuable clues about the stock’s potential trajectory.
5 companies with decreased days of payables (16-10-2024)
Faster payments can signal efficient cash flow and strong supplier relationships. However, rushed payments could also indicate potential liquidity problems, highlighting the importance of analyzing payment speed in the context of overall financial health.
Breakout Stocks: How to trade HDFC AMC, Motilal Oswal and HCL Technologies on Thursday (16-10-2024)
Sector-wise, buying occurred in energy, realty, and telecom stocks, while utilities, auto, and IT stocks faced selling pressure.
RIL sets October 28 as record date for 1:1 bonus share (16-10-2024)
Reliance Industries received shareholders’ approval for 1:1 bonus share and increased authorized share capital. The total percentage of votes cast in favor of the bonus issue resolution was 99.92% with just 0.07% votes against it.
Govt to exercise greenshoe option in Cochin Shipyard OFS after receiving bids worth Rs 1,900 crore (16-10-2024)
The Centre has decided to exercise the greenshoe option in the Cochin Shipyard OFS after it received bids worth over Rs 1,900 crore from institutional investors on Wednesday. Institutional investors oversubscribed the portion of shares by placing bids for 1.28 crore shares as against 59.19 lakh shares offered.
Tech view: Nifty faces resistance from short-term moving averages, forms small negative candle. How to trade tomorrow (16-10-2024)
After acting as support for months, the 10 and 20-day exponential moving averages (EMAs) have recently been breached. These EMAs now pose resistance around 25,150-25,200, indicating a potential shift in momentum. This change in polarity suggests a cautious approach as the market navigates this critical juncture.
US stocks open flat after selloff in tech, oil stocks (16-10-2024)
Wall Street’s main indexes were little changed at the open on Wednesday, as investors took a breather following a selloff in tech and oil stocks in the previous session.