Latest Stock Market News

BSE shares rose 8% after Sebi announced new rules for the derivatives market benefitting BSE. From November 20, BSE will have more days to compete with NSE in weekly derivatives. The new framework aims to regulate futures and options trading better. Angel One shares also rose despite expected short-term impacts on earnings.

As far as the brokerages are concerned, they will get impacted. Their income will get impacted. But I think as is being told, I think these are for the good and structural benefit of the market in the long run. So, I am not too worried about the market as far as long run is concerned or the impact of these measures on the overall market in the long run or even medium term.

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.

​This entire quarter remains a festive quarter when I think the buying of items and a lot of expenditure does take place in India and that kind of kick-starts a growth cycle for many-many Indian corporates which are in consumption-led themes.

A total of 569,081 shares changed hands on the counter till 10:55AM (IST).

The stock quoted a 52-week high of Rs 1826.2 and a 52-week low of Rs 1002.7.

Motilal Oswal Financial Services has buy call on JSW Infrastructure with a target price of Rs 410. The current market price of JSW Infrastructure is Rs 339.2.

As of 30-Jun-2024, promoters held 68.6 per cent stake in the company, while FIIs held 7.28 per cent and domestic institutional investors had 5.44 per cent.