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Asia-Pac stocks begin mostly negative with underperformance in Japan after recent currency strength, BoJ speculation and downward GDP revisions: ASX 200 (-0.4%), Nikkei 225 (-1.0%), KOSPI (+0.7%)
Stocks In F&O Ban List: Balramchin, Deltacorp, Ibulhsgfin, Indiacem, Nationalum,Sail, Zeel.
Stocks To Watch: Kotak Mahindra Bank, Oriental Rail Infrastructure, Greenpanel Industries, Future Consumer, Medplus Health Services, Maruti Suzuki India, Glaxosmithkline Pharma, Ircon International, Five Star Finance, Lancer Container Lines, Container Corp, Zomato, Irb Infrastructure Trust, Olectra Greentech, Dolphin Offshore Enterprises (India), Man Infraconstruction, Nuvoco Vistas Corporation, Reliance Industries, Sanghi Industries, Mercury Ev-Tech, D B Realty, North Eastern Carrying Corp, Omaxe, Birla Corp, Jayaswal Neco Industries, Dhunseri Tea & Industries, Rushil Decor, Five-Star Business Finance, Upl, Bharat Forge, Shriram Finance, Sterlite Technologies, Iifl Securities, Tvs Electronics.
Kotak Mahindra Bank: Kotak Arm Invests Rs 375 Crore In Agro Chemical Company Cropnosys - Moneycontrol
Oriental Rail Infrastructure: Indian Railways Has Announced Tender Of 10,000 Modern Wagons || Co Will Participate In Tender By Indian Railways
Greenpanel Industries: Co Says Restoration Of Normalcy And Resumption Of Operations At Mdf Plant In Andhra Pradesh
Greenpanel Industries: Co Says Impact Of Cyclone Brought Under Control And Plant Resumed Its Operations On Dec 6
Future Consumer: State Bank Of India Appointed Amit Ray And Company, Chartered Accountants, To Undertake Forensic Audit Of Co
Medplus Health Services: Co Unit Received Orders From Drugs And Control Authority, T.S
Maruti Suzuki India: Co Received An Order For Dropping Earlier Show Cause Notice From Gujarat Gst Authority || Co Says No Impact On Financial, Operation Or Other Activities Of Co Due To Order
Glaxosmithkline Pharma: Co Says Completed Voluntary Retirement Scheme || Co Spent A Sum Of 1.57b Rupees As One-Off Cost Of Vrs
Ircon International: Co’S Non-Retail Portion Of The Offer For Sale (Ofs) Subscribed 4.63 Times Of The Base Size || Govt Decides To Exercise The Green Shoe Option || The Retail Investors Get To Bid Tomorrow, Dec 8, 2023
Ircon International: India Govt To Exercise Over-Subscription Option Of 4% In Offer For Sale
Five Star Finance: Block Deal Alert - 3 Pe Fund Shareholders To Sell Shares Worth $225 Mn Via Block Deals || Block Deal Worth Rs 1900 Crores Likely This Week - Cnbc Awaaz, Citing Sources
Lancer Container Lines: Co Approved Raising Of Funds || Co Approved Raising Of Funds Worth Upto 3b Rupees
Container Corp: Co Signs Mou With Ntpc Vidyut Vyapar Nigam Ltd || Mou To Develop Solar Projects In Co
Zomato: Block Deal Alert - Svf Fund (Softbank) To Sell 9.35 Crore Shares In Zomato || Block Deal For 1.1% Equity Likely Worth $135 Mn Tomorrow - Cnbc Awaaz, Citing Sources
Zomato: Block Deal Alert - Price For Deal Likely In Rs 120-121 Per Share Range || Citi Broker To Deal - Cnbc Awaaz, Citing Sources
Irb Infrastructure Trust: Co Says November Toll Collection Increases 27% (Yoy)
Irb Infrastructure Developers: Co Says November Toll Revenue 4.37b Rupees, Up 20% (Yoy)
Olectra Greentech: Co Gets Letter Of Award (Loa) Worth 628m Rupees For Supply & Maintenance Of 40 Electric Buses From Vasai Virar City Municipal Corporation, Mumbai
Dolphin Offshore Enterprises (India): Co Approves Sub-Division Of Shares || Approval Of Sub-Division Of Shares In 1:10 Ratio
Dolphin Offshore Enterprises (India): Co Names Rupesh Kantilal Savla As Md || Co Says Rita Keval Shah Resigns As Md
Man Infraconstruction: Co'S Holding In Micl Homes Llp Has Been Diluted From 34% To 31%
Nuvoco Vistas Corporation: Co Signed Agreements For Acquisition Of 26% Equity Stake In Amp Energy Green (C&I) Two || Co Unit Signed Agreement For Developing And Maintaining A Solar Power Plant At Nvl'S Odisha Cement Plant
Nuvoco Vistas Corporation: Co Says Cost Of Acquisition At 7.8m Rupees
Reliance Industries: Co Executed Deed Of Guarantee In Favour Of Sbi For Term Loan Of 17.50b Rupees To Alok Industries
Sanghi Industries: Co Says Ravi Sanghi Tendered Resignation From Position Of Chairman And Managing Director || Co Approved Resignation Of Bina Mahesh Engineer As Chief Financial Officer
Sanghi Industries: Co Approved Appointment Of Sanjay Kumar Khajanchi As Chief Financial Officer
Mercury Ev-Tech: Co Acquired 20% Stake Of Powermets Energy || Acquisition Cost Is 1.1m Rupees
Copper Sees Decent Gains
COMEX Copper saw steady upturn amid mixed equities as supportive data from China pushed up the red metal. China's November copper imports rose 10.1% from th...
Indian Rupee: Stays Subdued On Elevated Dollar Overseas
An elevated dollar overseas is restricting any gains in the Indian rupee that continues to linger around record lows. The US dollar is holding high ahead of...
Precious Metals Preview: Gold Futures Hold Firmly Above $2000 An Ounce
Gold futures are managing to find good support above $2000 mark even as dollar index is holding above 104 mark ahead of crucial jobs report due this week. D...
Base Metals Preview: Copper Ticks Modestly Higher In Early Asia
COMEX Copper futures are modestly higher in early Asia on Thursday, recovering from a sharp slide in the previous session. Copper futures have dropped by ov...
Economic Buzz: U.S. Private Sector Employment Rises Less Than Expected In November
Private sector employment in the U.S. increased by less than expected in the month of November, payroll processor ADP revealed in a report released on Wednesda...
Economic Buzz: US Labor Productivity Spikes By 5.2% In Q3
The Labor Department released a report on Wednesday showing U.S. labor productivity surged by more than previously estimated in the third quarter of 2023.
T...
Economic Buzz: US Trade Deficit Widens By $64.3 Billion In October
Largely reflecting a pullback in the value of exports, the Commerce Department released a report on Wednesday showing the U.S. trade deficit widened in the mon...
Energy Preview: Oil Slides Under $70 Per Barrel As EIA Reports Build In Gasoline Stocks
The U.S. Energy Information Administration reported a crude oil inventory draw of 4.6 million barrels for the week to December 1. A sizeable inventory build...
Copper Off One Week Low, Equities Supportive
COMEX Copper futures are witnessing modest gains today amid mixed movement in global equities. The red metal had dipped to a one week low in last session befor...
Economic Buzz: BOE?s Financial Policy Committee Says UK Financial System Broadly Resilient To Higher Interest Rates
The Bank of England (BOE?s) Financial Policy Committee (FPC) report noted today that overall risk environment remains challenging, reflecting subdued economic ...
Benchmarks snap 7-day streak, Nifty holds 20,900; NSE VIX drops almost 8%
The benchmark indices took a breather on Thursday, after a seven-day winning streak. Metals, FMCG and IT stocks were major drags. Weak global cues and profi...
Quick Wrap: Nifty Energy Index gains 1.23%
Nifty Energy index ended up 1.23% at 32188.8 today. The index has gained 17.00% over last one month. Among the constituents, Tata Power Company Ltd rose 10.76%...
Benchmarks trade with small losses; Oil & gas stocks advance
Domestic equity barometers traded continued to trade in a narrow range in mid-afternoon trade. The Nifty traded below the 20,950 mark. Oil& gas shares extended...
Indices turn rangebound; European shares drift lower
Domestic equity barometers traded in a narrow range with minor losses in afternoon trade. The Nifty traded below the 20,950 mark. Consumer durables, pharma and...
Benchmarks trade with minor cuts, broader mkt outperforms
The key equity indices traded with limited losses in early afternoon trade. The Nifty traded below the 20,950 mark. Consumer durables shares advanced after ...
Broader market outperforms; auto stocks in demand
The benchmark indices managed to pare most losses in mid-morning trade. The Nifty scaled above the 20,900 level. Auto shares edge higher as they resumed the...
Nifty holds above 20,850 level; FMCG shares decline
The key equity barometers continued to trade with limited losses in morning trade. The Nifty traded above the 20,850 level. FMCG shares witnessed across the...
Key equity indices edge lower as FMCG stocks tumble; market breadth even
The domestic equity benchmarks tumbled in early trade as significant selling prevailed in key index pivotals. The Nifty managed to trade above the 20,850 le...
Market may open lower on negative global cues
GIFT Nifty:
Trading of Nifty 50 index futures on the GIFT Nifty indicates that the Nifty could decline 48 points at the opening bell.
The six-me...
Benchmarks hit new highs amidst bullish momentum; NSE VIX at 13.74
The domestic equity indices achieved a seventh consecutive day of gains, with the Sensex and Nifty reaching new highs. This rally was propelled by increased...
Currency in circulation up 4% on year
The Reserve Bank of India (RBI) has reported that currency in circulation dipped by 0.2% on the week to stand at Rs 33.49 lakh crore as on December 1, 2023. Th...
Domestic Tax Revenues Consistently Clocking More Than 1.6 Lakh Crore
India has embarked on a journey of one nation, one tax, one market and needs to continuously keep working towards addressing these problems that keep coming at...
Digital economy projected to constitute 20% of India?s GDP by 2026
The digital economy is projected to constitute 20% of India?s GDP by 2026 according to Union Minister of State for Skill Development & Entrepreneurship and Ele...
RBI Says Interest Rate On Government of India Floating Rate Bond 2031 Shall Be 8.12%
The Reserve Bank of India or RBI has announces rate of interest on Government of India Floating Rate Bond 2031. The rate of interest on Government of India Flo...
Vehicle Retail Sales Spike 18% On Year To Record 28.54 Lakh In November 2023
The domestic vehicle retail sales in November 2023 hit a historic high of 28.54 lakh units, according to the Federation of Automobile Dealers Associations (FAD...
India Infrastructure Report Highlights Transformative Potential Of Digital Technology In Shaping Urban Landscape Of India
Ministry of Housing & Urban Affairs has unveiled the India Infrastructure Report 2023 with collaborative effort of the IDFC Foundation, Infrastructure Developm...
Domestic Mineral Production Gains 11.5% In September 2023
The index of mineral production of mining and quarrying sector for the month of September, 2023 (Base: 2011-12=100) at 111.5, is 11.5 % higher as compared t...
Subsidy Of Rs 5228 Crore Given To Electric Vehicle Manufactures Till 1st December 2023
The Ministry of Heavy Industries ( MHI ) formulated Faster Adoption and Manufacturing of Electric Vehicles in India Phase II (FAME India Phase II) Scheme for a...
Key Minerals Output Shows Good Surge In India
Ministry of Mines stated in a latest update that the key minerals production is witnessing a good uptrend in India. The production of Limestone stood at 406 mi...
India Services Sector Output Remains Strong In November, Composite PMI Edges Down To 57.4
The increase in Indian services activity extended into November, with cooling price pressures and demand resilience inducing sales growth, latest PMI survey da...
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