Seven stocks, including Bandhan Bank and GNFC, are under F&O trade ban due to their high open interest (OI) crossing 95% of the market-wide positions limit. The ban is only lifted when OI falls below 80%. The Sensex and Nifty dropped significantly amid escalating Middle East tensions.
Posts in category Economic Times
Stock to watch: Adani Wilmar shares in focus as company reports 16% YoY revenue growth in Q2 (07-10-2024)
Adani Wilmar reports a 16% YoY revenue growth for Q2FY25, driven by strong performance in edible oils and food business. Expanded its distribution to over 36K rural towns and aims for 50K+ by FY2025. E-commerce revenue grew fourfold in four years.
Bullish Momentum: 3 stocks with White Marubozu Pattern on October 04 (07-10-2024)
A White Marubozu is a bullish candlestick pattern in technical analysis. It occurs when the opening price is the lowest for a given period, and the closing price is the highest.
Big movers on D-Street: What should investors do with M&M Financial, DMart and Vedanta? (07-10-2024)
Domestic markets declined nearly 1% amid West Asia tensions and FII outflows, affecting stocks like M&M Financial, Angel One, and Vedanta. Analysts suggest M&M Financial and DMart show bearish patterns, while Vedanta demonstrates a bullish trend with potential for further gains.
Positive Breakout: These 6 stocks close cross above their 200 DMAs (07-10-2024)
As long as the stock is priced above the 200-day SMA on the daily time frame, it is generally considered to be an overall uptrend.
Bond bulls bet on RBI’s dovish turn for rally to extend (07-10-2024)
Traders anticipate a potential shift to a neutral stance by the Reserve Bank of India on Wednesday, with expectations of dovish signals possibly driving yields down further. Foreign inflows and a rate cut by the US Federal Reserve boost optimism, despite geopolitical tensions and the RBI’s cautious approach.
Gold subdued as US jobs data firms bets for smaller rate cut (07-10-2024)
Gold prices slightly decreased as a strong U.S. jobs report led to lowered expectations for a large Fed rate cut. Market participants are now waiting for upcoming inflation data and comments from Federal Reserve officials. In other markets, silver, platinum, and palladium saw slight gains. Key economic data from Germany, the UK, and France is also expected.
Dollar on a roll after US jobs data and Middle East flare-up (07-10-2024)
Japan’s yen drops to its lowest level in nearly two months, influenced by robust U.S. jobs data and mounting Middle East tensions. The dollar continues its rally as the Federal Reserve considers smaller rate cuts, while oil experiences the largest weekly gain since January 2023.