1.4x bids! NHPC OFS a successful show as retail investors subscribe for 3.8 crore shares
On Thursday, NHPC OFS received an overwhelming response from institutional investors, such that the government decided to exercise the greenshoe option and sell an additional 1% stake in the renewable energy major.
Technical Stock Pick: 50% rally in 3 months! Should you buy more or book profits in this heavy electrical equipment maker stock?
Bharat Heavy Electrical Ltd (BHEL) has rallied over 50% in the last 3 months, supported by a positive chart pattern. Short-term traders can buy the stock on dips, targeting Rs 227 in 3-4 weeks. The stock has doubled in value in the last 6 months, rising more than 4% in a week and over 14% […]
Hot Stocks: Brokerages on IndusInd Bank, Rallis India, Titan Company and IGL
The global investment bank expects favorable outlook for volume growth in FY25E, which would indicate business as usual.
F&O stocks to buy today: Bank of Baroda, Petronet LNG among top 6 trading ideas for 19 January 2024
On the weekly options front, the maximum Call OI is placed at 22,000 strikes and then towards 21,800 strikes while the maximum Put OI is placed at 21,000 strikes and then towards 21,400 strikes.
F&O stock strategy: How to trade in Apollo Tyres, Sun Pharma?
As for Bank Nifty, RSI has come down significantly and ended near 36 levels and the next support is anticipated around 45,900 levels while resistance around 46,200 levels, Mehra opined.
Paytm Q3 results today: Predictions and key things to watch out for
Paytm should see strong GMV growth led by the festive season and partial impact of lending business rejig after RBI measures, Jefferies said. The brokerage estimates that the company will report 34% year-on-year (YoY) growth in total revenue to Rs 2,764 crore while loss is seen narrowing down to Rs 276 crore.
IndusInd Bank shares fall 2% post Q3 earnings but brokerages remain upbeat. Here’s why
Top brokerages remain optimistic about the prospects of IndusInd Bank. While Macquarie has retained an ‘Outperform’ view, domestic brokerages Motilal Oswal and Nuvama have reiterated their buy stance.
Bitcoin retreats to one-month low as ETF-led enthusiasm wanes
Bitcoin briefly flirted with a drop below $40,000 before trading at $41,160 as of 6:30 a.m. Friday in Singapore, a decline of 3% in the past 24 hours. Smaller tokens like Ether, Solana and Polkadot also struggled.
SBI raises Rs 5,000 crore through AT-1 bonds
The coupon rate – or the rate of interest paid to investors – was set at 8.34%, the country’s largest lender said. The securities, which are perpetual bonds, have a call option after 10 years and every anniversary thereafter.
Oracle Financial Services soars 27%, analysts still optimistic
The company’s December quarter consolidated net profit was up 76.2% to ₹757.5 crore from the previous quarter. Its consolidated revenue from operations was up 26.25% at ₹1,823.6 crore.