Last day to buy for eligibility! Multibagger smallcap stock goes for 1:10 stock split
Nandan Denim, a multibagger small-cap company, is attracting attention today as the board of directors has set September 19 as the record date for its 1:10 stock split. Consequently, today is the last opportunity for investors to purchase shares and qualify for the split. The company had approved the share sub-division earlier in June before […]
Negative Breakout: 4 stocks cross below their 200 DMAs
The 200 DMA is used as a key indicator by traders for determining the overall trend in a particular stock.
F&O Ban List: LIC Housing, PNB among 10 stocks under trade ban on Wednesday
The Future & Options contracts of any stock enter the ban period when the open interest (OI) on it crosses 95% of the market wide positions limits or MWPL. The ban on it is reversed only if the open interest falls below 80%.
Traders shy away from Modi-linked stocks in shift to defensives
A few recent policy reversals highlight the element of uncertainty that investors must grapple with after a decade of certainty, as Modi increasingly leans on coalition partners. That’s led to concerns stocks tied to government policies may continue to trail the broader market.
SAIL among 54 stocks to trade ex-dividend tomorrow. Last chance to buy
This means today will be the last day to buy the shares of these companies in order to be able to qualify for the dividends announced by them.
Big movers on D-Street: What should investors do with Mazagon Dock, Adani Green and Tata Motors
Stocks that were in focus include names like Mazagon Dock, which fell 1.45%, Adani Green, which gained 0.74%, and Tata Motors, whose shares fell 1.3% on Tuesday.
Asian stocks rise as traders await Fed decision
Japanese shares led regional gains as the yen’s slide on Tuesday boosted the outlook for the nation’s exporters. The dollar bounced in New York following stronger-than-expected retail-sales data. Hong Kong is shut for a holiday, while Chinese stocks listed on mainland markets will resume trading after a break.
Goldman-backed Aragen eyes $150 million as pre-IPO dose; Novo Nordisk keen
Investors including Quadria Capital and Denmark-based pharmaceutical major Novo Nordisk are among those interested in a minority stake and engaged in early discussions, they said. In February, Novo Holdings, the holding company of Novo Nordisk, acquired US-based publicly-listed contract development and manufacturing organisation Catalent for $16.5 billion.
City gas distribution cos’ stocks jump on UBS’ bullish outlook
UBS said that the city gas space is at a critical point where smaller entities are turning sellers and strategic partners due to issues such as non-performance from new/small entities, infrastructure-commitment defaults, gas-sourcing challenges and capital constraints. that consolidation of smaller players in the city gas space.
NBFC deposit base grows 21% in FY24 as banks struggle
Non-bank lenders in India have expanded their deposit base by 21% in FY24, outpacing banks’ 13.5% growth, according to RBI data. Major NBFCs like Bajaj Finance and Shriram Finance offer higher interest rates than banks, making them attractive to savers. The number of deposit-taking NBFCs has been reduced to 25 from 34 last year.