Can India’s stock indices sustain gains ahead of US Fed’s rate decision?

Indian stock markets rose on Monday. Easing US-China trade tensions boosted investor confidence. Investors now await the US Federal Reserve’s rate decision. The Nifty and Sensex saw gains, nearing record closing levels. Analysts expect the rally to continue. Mid and small-cap stocks also advanced. Foreign investors sold shares, while domestic investors bought.

RBL to seek DPIIT nod to raise its FDI ceiling to 74%

RBL Bank plans to seek government approval to raise its foreign direct investment limit to 74% from 49%. This move is crucial for processing Emirates NBD Bank’s $3 billion acquisition of a 60% stake, marking the largest FDI in Indian banking. Shareholder approval for the deal is expected on November 12.

6 IPOs to open subscription this week. GMPs suggest investors could bag returns up to 17%

Six initial public offerings are set to open for subscription this week. These companies aim to collectively raise more than Rs 1,800 crore. Investors can consider options ranging from consumer brands to logistics and textile firms. Grey market premiums suggest potential returns for some of these upcoming listings. This presents a busy period for India’s […]

CDSL, Tata Consumer among top buys as markets regain uptrend: Rajesh Bhosale

Dalal Street bulls have regained control, with Nifty and Bank Nifty poised for fresh highs. Technical Analyst Rajesh Bhosale views short-term corrections as buying opportunities, expecting Nifty to soon reach new uncharted territory. He highlights CDSL and Tata Consumer as top trading picks, citing strong momentum and healthy corrections respectively.

Hindalco shares jump over 6% in 3 days, hit record high on copper and aluminium rally

Hindalco Industries shares reached a new record on Monday. This surge is fueled by increasing global metal prices and positive sentiment around a potential U.S.-China trade deal. Investors are now anticipating the company’s September quarter earnings. Hindalco’s strong performance in India and its Novelis business are key drivers. The company is a major player in […]

Bullish on Bullion: Parthiv Jhonsa sees strength in both gold and silver

Global commodity markets are experiencing volatility, with aluminium prices surging due to supply disruptions and strong Chinese demand, leading to record profits for smelters. Copper prices are also elevated due to supply issues, while steel faces pressure from falling demand and rising coking coal costs. Precious metals, gold and silver, are both viewed bullishly despite […]

Can Nifty break records this week? Here’s what the charts say

Nifty paused its six-day winning streak, with analysts suggesting potential near-term drift towards 25,400 before resuming an upside trajectory. While banking stocks show vulnerability, Oil & Gas counters, especially Reliance Industries, offer resilience. Further unwinding in derivatives is anticipated, with FIIs actively covering shorts.