Suzlon Energy gets warning letters from exchanges over non-compliance in disclosures
Suzlon Energy has been issued an advisory cum warning letter from both the National Stock Exchange (NSE) and BSE Ltd, regarding non-compliance with the Securities and Exchange Board of India (SEBI) Listing Obligations and Disclosure Requirements.
FPIs increase net flows in the secondary market in September
A strong net inflow by foreign portfolio investors (FPIs) in September has turned their total secondary market investment in Indian equities positive for the calendar year so far to $4,140.3 million (Rs 34,554 crore) compared with a net outflow of $1,417 million (negative Rs 11,998 crore) at the end of August.
Sebi favours tax breaks for municipal bond subscribers: Official
Sebi has asked the government to approve tax breaks for municipal bonds to fund grass-root infrastructure. Currently, India’s municipal bond market is 0.6% of the nation’s bond market, contrasting with the US’s $4 trillion market. Sebi is also planning steps to enhance investor protection in the futures and options (F&O) segment.
Adani flagship’s $1.3 billion share sale said to start next week
Gautam Adani’s Adani Enterprises Ltd. plans a $1.3 billion share sale via a qualified institutional placement starting as early as Oct. 7. The move follows a short-seller’s 2023 allegations of fraud, which led to a significant stock drop. The share issue aims to signal investor confidence and revive expansion efforts.
Tech view: Nifty signals indecision, forms small candle. How to trade on Thursday
Despite a small candle with an upper shadow appearing on Tuesday’s market chart, Nagaraj Shetti of HDFC Securities observed a lack of strong selling activity to confirm this bearish indication. Essentially, the market showed a potential signal for downward movement, but traders didn’t act on it aggressively, suggesting some uncertainty in the market.
RBI likely to hold rates in October, easing expected by year-end: Radhika Rao
We should also keep an eye on the commodity space, particularly minerals and metals that India imports. Price fluctuations in these areas could affect our import bill. While China is currently on holiday, it will be crucial to see how much of the stimulus measures materialize once they return, as this will influence market sentiment […]
Why Quantum AMC’s George Thomas prefers largecap IT and private banks
George Thomas, Equity Fund Manager at Quantum AMC, expects IT spending to improve, benefiting large-cap IT names. He also forecasts larger private banks to perform better due to better underwriting and improved liquidity. Thomas notes that while most sectors are fully valued, financials offer some room for growth. Expectations of market support from domestic funds […]
3 sectors Vinay Rajani is bullish on for near term
But overall, I feel that at lower level, they will find support and bounce back and resume their uptrend. So, as of now, the strategy for the day should be to concentrate on the sectors and stocks which are actually resilient in this market.
High valuations flash warning signs amid uncertain market outlook: Vijayaraghavan Swaminathan
On top of it, if you look at the last three-four quarters, there is a weak job hiring when it comes to IT sector and weak salary growth. And adding to that, if you look at last three-four quarters, banks and NBFCs have been cautious when it comes to retail lending.
National Aluminium, Navin Fluorine among 5 stocks with long buildup
A long buildup occurs when open interest and trading volumes increase alongside a rise in the underlying stock price in the Futures and Options segment, signaling a bullish market trend. In Tuesday’s trading session, five stocks saw fresh long positions. Here’s the list: