Positive Breakout: These 3 stocks close cross above their 200 DMAs
In the Nifty500 pack, three stocks’ close prices crossed above their 200 DMA (Daily Moving Averages) on November 8, according to stockedge.com’s technical scan data.
IRFC among 5 stocks to trade ex-dividend tomorrow. Last chance to buy for eligibility
Indian Railway Finance Corporation (IRFC) and four other companies set November 12th as the record date for dividend eligibility. IRFC announced a dividend of Rs 0.8 per share. Other companies, including D-Link (India), Indraprastha Gas, PDS Ltd, and POWERGRID Infrastructure Investment Trust, also declared dividends.
Q2 results today: Hyundai, Nykaa among 540 companies to announce earnings on Monday
Apart from the above, Jai Balaji Industries, Ion Exchange, Emami Realty, Elcid Investments, Ador Welding, Alchemist Corp, BCL Enterprises, Chatha Foods, DCX Systems, Kross Ltd, Likitha Infrastructure and a few others will announce their quarterly results.
Shapoorji Group in talks for Rs 8,000 crore raise via bonds
PFC directors questioned the legal constraints on transferring Tata Sons shares in the event of a default. ET had earlier reported that Tata Trusts had stated that Tata Sons shares are not freely transferable.
Govt may raise EPFO wage ceiling and lower employee threshold for enhanced social security for workers
The Indian government is considering raising the wage ceiling for the Employees’ Provident Fund Organisation (EPFO) to ₹21,000 and lowering the employee count threshold for mandatory enrollment from 20 to 10-15. These measures aim to expand social security coverage for workers, aligning with the upcoming Social Security Code.
FPI selloff in equities slows in Nov, so does buying by domestic funds
In the first five trading sessions of November, FPIs sold equities worth ₹19,993.7 crore ($2,374.6 million) net according to the data from NSDL. This compares with a massive selling of ₹44,914 crore ($5,352.1 million) in the first five sessions of the previous month, forming nearly half of the total selling worth ₹94,017 crore ($11,195.4 million) […]
Asian Paints needs to play the price card well to get back its colour
The results were marked by a 5.4% drop in consolidated revenues to ₹8,003 crore and a 480 basis points decline in operating margin to 15.5%. Consolidated net profit dropped 44% to ₹694 crore.
Nifty weak, but sharp fall unlikely: Technical Analysts
There is possibility of more consolidation or minor weakness towards the key supports of 23,900-23,800. One may expect emergence of buying again from near the supports.
ECB’s Holzmann hints at December rate cut possibility
The ECB has already lowered borrowing costs three times since June and is widely expected to do so again next month. Holzmann is one of the most hawkish officials and was the sole dissenter on the initial rate cut.
Rising interest puts these stocks on F&O watchlist
“The shift in stock sentiment was observed after the company reported a net profi t jump of 145% and asset quality improvement,’’ said Rajesh Palviya, head of technical and derivatives research at Axis Securities. Traders can buy in the range of Rs 105-103 with a stop loss of Rs 100 for a target of Rs […]