These 10 stocks to trade ex-dividend from Tuesday. Last chance to buy for eligibility
Ten stocks, including Sun TV Network and Gillette India, are set to trade ex-dividend on Tuesday, November 28th. Investors have until the end of trading Monday to purchase shares and qualify for dividend payouts. The ex-dividend date determines which shareholders are eligible to receive the declared dividends from these companies.
F&O Ban List: Adani Enterprises, NALCO among 7 stocks under trade ban on Monday
Seven stocks, including Aarti Industries and Adani Enterprises, faced trading restrictions on Monday as their open interest exceeded market limits. Despite a previous day decline, Indian equity markets rebounded strongly on Friday, driven by gains in IT and banking sectors, with Reliance Industries playing a significant role.
Asian shares, bond futures bounce on Bessent pick for US Treasury
Benchmark 10-year Treasury futures were up 13 ticks, ahead of the cash open and S&P 500 futures rose 0.4% to just shy of a record high while the dollar was weaker across the board, lifting the battered euro by 0.5% to $1.0484.
Nifty bullish on charts, could aim at 24,500 : Analysts
Stocks such as L&T Technology Services, Bharti Airtel, HCL Tech, Infosys, Tech Mahindra, Ipca Labs, Divis Labs, DLF, and National Aluminium show bullish chart patterns, indicating potential upside moves, according to analysts.
India Inc’s interest cover weakens with slipping top & bottom lines
Indian companies faced a decline in interest coverage ratio to 4.8% in the September quarter. This was due to rising interest costs and slower growth in operating profit. Interest costs surged by 7.2% year-on-year, while revenue growth slowed down to 4.9%. Higher working capital requirements and increased borrowings further impacted the ratio.
Cuts in bearish foreign F&O bets set stage for 4-5% gains
Foreign portfolio investors (FPIs) reduced their net bearish bets in index futures to 1.54 lakh contracts on Friday from 2.01 lakh the previous day. This resulted in foreigners’ long-to-short ratio – a measure of the number of their bullish positions versus bearish – in index futures rising from 23% at the start of the month […]
G-Sec yields harden as inflation stays high, rupee slides
September saw record lows after the US Federal Reserve delivered a hefty 50 basis point rate cut, causing a softening of US Treasury yields, along with milder domestic bond yields and a stronger rupee. During September US T-bill yields saw a low of 3.64%.
A post-poll party is on cards. Address: Dalal Street
“The markets were raring for an opportunity to move higher, and the Maharashtra election outcome is likely to be that trigger, but it is largely a sentimental flip,” said Rohit Srivastava, founder, indiacharts.com. “An oversold market feeds on itself and the short covering Friday was just the beginning.”
Investors worried about elevated valuations in India: Daniel Morris, BNP Paribas Asset Management
Before the election, you had a soft landing scenario where we believe growth slows, inflation falls and the Fed cuts rates. Now that may not happen right away, but will happen in the distant future.
Stubborn inflation set to reinforce Fed’s go-slow approach
The personal consumption expenditures price index excluding food and energy – the Fed’s preferred measure of underlying inflation – is projected to have risen by 0.3% in October from September, and by 2.8% from a year earlier, in what would be the largest advance since April.