ETMarkets Smart Talk: India in a multi-year bull market despite slowdown and FII exits, says Rajesh Bhatia
However, we remain optimistic about the long-term outlook and believe that India is still in a bull market. We believe that India has entered a phase of multi-year capital expenditure cycle. Furthermore, the macroeconomic fundamentals are strong.
Hero MotoCorp shares in focus ahead of Q2 results later today
Hero MotoCorp Share Price: Hero MotoCorp is set to announce its second-quarter earnings, with analysts predicting a 9% year-on-year revenue increase driven by higher sales volumes and average selling prices. Improved product mix and cost control measures are expected to boost EBITDA margins. Experts attribute the positive outlook to the launch of new premium motorcycles […]
Manappuram Finance among 4 stocks to trade ex-dividend from Monday. Last chance to buy
Four companies, including Manappuram Finance, are approaching their ex-dividend date on November 18th. Investors have until today to purchase shares and qualify for dividend payouts. CFF Fluid Control, Emami Ltd, and Sundaram Fasteners also announced their respective interim dividends.
Niva Bupa Healthcare IPO shares to debut today. Check GMP to know listing potential
Niva Bupa Share Price: Niva Bupa Healthcare shares are set to debut on the stock exchanges. The company’s IPO received strong demand from retail investors. Niva Bupa is the second standalone health insurer to go public in India. The company has shown strong growth in recent years, with its gross written premium increasing at a […]
Oil prices edge down, forecasts for higher oil output, weak demand growth weigh
Oil prices edged lower. Global production is expected to rise. Demand growth forecasts are weak. The US dollar strengthened. OPEC lowered its oil demand growth forecast. The EIA raised its global oil output forecast. Traders await further market data.
Asian equities climb as US CPI supports Fed easing
US consumer price data was in line with expectations on a headline basis, although the annualized three-month core rate picked up. Overall, the numbers were supportive of a potential Fed cut in mid-December with swaps traders increasing the likelihood to around 80% from about 56% earlier Wednesday.
Burmans’ Religare Broking buy gets bourses’ nod
The move is a part of the open offer for REL launched by entities controlled by the Burman Family and comes after a nod from the competition regulator and the insurance watchdog.
Swiggy tops expectations with best major listing in a decade
The stock closed 17% above its issue price at ₹455.95 in a weak market, surpassing analysts’ expectations of a tepid debut. The company’s market capitalisation at close on Wednesday was ₹1.02 lakh crore.
NSE discontinues weekly expiries for Bank Nifty
On the BSE, the weekly index derivatives contracts on Sensex 50 will be discontinued with effect from November 14. Weekly contracts of BSE’s Bankex will also be discontinued from November 18.
NSE adds 45 stocks to futures & options
In a circular on Wednesday, the NSE stated that contracts for companies such as Adani Energy, Adani Green, Angel One, Bank of India, BSE, CDSL, CESC, Delhivery, Avenue Supermart, HUDCO, Jio Financial, JSW Energy, NHPC, FSN E-Commerce, Tata Elxsi, Yes Bank, Varun Beverages, and Zomato, among others, will be available for trading from November 29.