Gold and silver futures opened higher today, with gold gaining 0.42% and silver rising 0.14%. Geopolitical tensions and a strong US dollar influenced precious metals, though market volatility persists.
Posts in category Economic Times
Your ‘SIP sahi hai’ mantra translates to ‘QIP sahi hai’ for India Inc promoters (22-11-2024)
Indian companies have raised a record Rs 97,000 crore this year through qualified institutional placements (QIPs), capitalizing on strong domestic market flows and sustained mutual fund SIP inflows. Promoters are taking advantage of high valuations to raise capital, even as some analysts warn of a potential market correction.
Bullish Momentum: 3 stocks with White Marubozu Pattern on Nov 21 (22-11-2024)
On November 21, three stocks from the Nifty500 pack came to the bullish scanner of “White Marubozu”, according to stockedge.com’s technical scan data.
Protean eGov Technologies shares crack 10% as NSE Investments plans to offload 20% stake via OFS (22-11-2024)
Protean eGov Technologies shares are in focus as NSE Investments plans to offload up to 20.31% stake via an offer for sale (OFS) with a floor price of Rs 1,550 per share.
Bank stocks, RIL power Sensex over 800 points higher, Nifty back above 23,600 (22-11-2024)
Indian stock markets opened higher on Friday, rebounding from a five-month low, despite ongoing concerns about the Adani Group and geopolitical tensions. The Sensex and Nifty50 saw significant gains, driven by strong US labor market data and positive sentiment in other Asian markets. However, the Indian rupee weakened to a record low against the US dollar.
Add Ahluwalia Contracts, target price Rs 1,111: HDFC Securities (22-11-2024)
HDFC Securities recommends buying shares of Ahluwalia Contracts. They set a target price of Rs 1,111 per share. The current market price is Rs 935.2. Ahluwalia Contracts experienced a revenue and profit miss in the recent quarter. The company’s execution was affected by external factors. However, Ahluwalia Contracts maintains a positive outlook for future growth and profitability.
Hot Stocks: Global brokerages see 14-30% upside in RIL, SBI & L&T; time to buy? (22-11-2024)
Brokerage firms are optimistic about key Indian stocks. UBS maintains a neutral stance on Larsen & Toubro, citing potential in Middle East projects. JPMorgan remains overweight on Reliance Industries, driven by improved refining margins and solar ventures. Jefferies reiterates a buy rating for State Bank of India, highlighting robust asset quality and a strong market position.
F&O Radar| Deploy Bear Put Spread in Nifty for potential gains from bearish outlook (22-11-2024)
Indian markets are experiencing weakness, with a negative near-term bias. Kotak Securities’ Sahaj Agrawal suggests a ‘Bear Put Spread’ strategy for potential gains as the market is expected to remain in a corrective phase. The strategy involves buying and selling put options with different strike prices, capitalizing on the expected price decline.
These 4 F&O stocks saw a high increase in futures open interest (22-11-2024)
As of November 21, there was a notable surge in futures open interest for four stocks in the NSE F&O pack, contributing to a total increase in open interest of over 10% as compared to the previous trade.
SJVN shares in focus as co signs MoU with Rajasthan government (22-11-2024)
Shares of SJVN are expected to remain in focus on Friday after the company announced the signing of a memorandum of understanding (MoU) with the Energy Department of the Government of Rajasthan for the development of renewable energy in the state.