Latest Stock Market News

Sebi will discuss the measures proposed earlier in July — including limiting the number of options with weekly expirations and raising the minimum contract size — at a board meeting today, the people said, asking not to be identified before a final announcement.

The rupee depreciated by 6 paise to 83.75 against the US dollar in early trade on Monday due to negative equity market sentiment and foreign fund outflows. Forex traders cited rising crude oil prices and a strong dollar as contributing factors. Investors are awaiting domestic manufacturing PMI numbers this week.

From October 1, Indian stock market investors will face changes including revised transaction fees by BSE and NSE, an increase in Securities Transaction Tax on Futures & Options trading, and new taxation rules for share buybacks. These changes could impact trading strategies and profits.

The unlisted market is buzzing with shares of companies like NSE, Swiggy, and Hyundai ahead of their IPOs. Unlike the listed market, unlisted shares are traded through intermediaries or OTC markets. Valuations are driven by factors like growth potential and risk profile, but liquidity and transparency remain challenges for investors.

A total of 9,812 shares changed hands on the counter till time (IST).

Credit and debit cards offering discounts on travel, experiences, and lifestyle are gaining popularity among affluent and young customers. Banks like Bank of Baroda, HDFC Bank, and HSBC are partnering with travel companies to provide exclusive offers. The trend is driven by rising demand for unique experiences and live events.

The BSE Infotech index has gained 15.9% during the period, the third highest following 20.9% return in the BSE Healthcare and 16.6% increase in the BSE FMCG indices. In addition, barring Wipro, which gained 6.5%, other top IT stocks including TCS, Infosys, HCL Technologies, Tech Mahindra, and LTIMindtree have earned double-digit returns during the period.

Stocks like Sun Pharma, Dr Reddy’s, M&M, Eicher Motors, UBL, HDFC Bank, Tata Power, BPCL, ICICI Bank, Polycab, ABC, and CEAT are recommended by analysts for short-term trading.