Why Sandeep Tandon is betting on defensive plays in a volatile market
I think it will be a challenging phase. If somebody says that I will shift money now and make money in China, smart money has already shifted. But psychological, I have seen that it will be a pressure for India and whenever we have seen when China performs, global market do not perform.
Paint and tyre stocks slide up to 6% as crude oil prices soar on Middle East tension
Berger Paints dropped 6% to Rs 582.8, while Asian Paints fell 4.4%. Kansai Nerolac, Akzo Nobel, and Indigo Paints also saw declines of up to 3%. Similarly, tyre stocks like Apollo Tyres, Balkrishna Industries, Ceat, Goodyear, JK Tyre, and MRF plunged by up to 4%. The fall in paint and tyre stocks is attributed to […]
Rahul Sharma on 3 metal stocks to bet on for near term
The FIIs flows were something which was keeping the markets high and it was DIIs which were keeping a quiet note. Probably the 1.5 lakh crore odd figure that these mutual funds hold on their accounts, that is something which is the domestic liquidity that we have seen will be a litmus test.
Look out for buying opportunities whenever there is sharp correction: Hemang Jani
I think it is healthy that after seeing a very significant up move in the last one year, if they go through a bit of a pause, we should not complain about it and you will find some good opportunities wherever you see meaningful correction in the broader market as well.
BSE to retain weekly options linked to Sensex after new rules for derivatives: Report
BSE will keep weekly derivative contracts for the Sensex. SEBI has tightened rules, allowing only one weekly options contract from Nov. 20. This follows a rise in retail investors trading options and concerns over household finances. BSE’s Sensex has higher volumes than Bankex, thus Sensex will be retained for weekly expiry.
Angel One shares jump over 7% as investors find silver lining in Sebi order
Shares of Angel One rose 7.4% on the BSE. Investors expect gains from Sebi’s new F&O market regulations. The regulations may weaken smaller players, boosting bigger firms. Angel One may increase fees or absorb margin impacts. Past customer acquisition helped offset slowdowns. Long-term growth expected in financial products distribution, wealth management, and AMC.
Suzlon shares dip 4% on NSE, BSE’s warning letter for non-compliance
Shares of Suzlon Energy fell 4% to a low of Rs 76.35 on the BSE following advisory letters from NSE and BSE. The letters were issued due to corporate governance concerns raised by the resignation of Independent Director Marc Desaedeleer, who cited a lack of openness and transparency in communications.
Derivatives are not for low-ticket retail traders, Sebi move will shift them to direct equities: Nooresh Merani
SEBI’s new rules aim to curtail the F&O trading frenzy by increasing margin requirements and reducing the frequency of contract expiries. This measure is expected to lower trading volumes, particularly affecting brokers and exchange companies, while potentially shifting retail traders towards direct equities. The changes target the dominance of low-margin retail clients in options trading.
Biocon Biologics refinances 1.1 billion debt through US dollar bonds and new syndicated facility
The bonds will be issued by Biocon Biologics Global plc which is a wholly owned subsidiary of BBL and will be backed by a strong security package, the company said.
Ashoka Buildcon stock in focus after securing EPC contracts worth Rs 1,738 crore
Ashoka Buildcon’s shares gained attention after securing EPC contracts worth Rs 1,738 crore. Key projects include an elevated road in Mumbai and two creek bridges. The company’s Q1 FY25 standalone net profit grew by 148% with a 22% YoY income rise. Shares have surged 73% in 2024, with a market cap of Rs 6,646 crore.