Diffusion Engineers shares to list today. GMP hints at robust gains (04-10-2024)
Diffusion Engineers shares will debut on the exchanges on Friday. The company’s shares were trading with a GMP of Rs 58 in the unlisted market. The IPO had a strong response with nearly 115 times subscription. Proceeds will be used for expansion and other purposes. Revenue and net profit saw significant growth in financial year 2024.
Nandish Shah of HDFC Sec recommends ‘Bear Spread’ strategy on Bank Nifty (04-10-2024)
Buy BANK NIFTY (09-October Expiry) 51,800 PUT at Rs 284 & simultaneously sell 51,300 PUT at Rs 160
F&O Ban List: Bandhan Bank, Manappuram Finance among 6 stocks under trade ban on Friday (04-10-2024)
Six stocks, including Bandhan Bank and RBL Bank, are under F&O trade ban on Friday. This ban occurs when open interest exceeds 95% of the market-wide position limits. The open interest levels for these stocks vary, with some decreasing and others increasing recently. Indian benchmark indices also faced a significant fall on Thursday.
Stock Market Today: Middle East war, Oil prices, US jobless claims, FIIs (04-10-2024)
At 7:06 AM, GIFT Nifty futures also indicated a weak start for the bourses, trading 66 points lower at 25,410 levels.