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Indian stock markets are open today despite Eid-e-Milad-un-Nabi being a settlement holiday. While most brokers restrict selling stocks bought on Friday due to the holiday, Zerodha allows it. However, equity intraday profit credits and F&O credits are not available for withdrawal today.

Abneesh Roy, Executive Director at Nuvama Institutional, highlights the attractiveness of the food sector. He particularly favours Bikaji for its pure-play focus. He also mentions HUL and ITC among larger companies. With an edible oil duty hike, price increases are expected in H2, benefiting overall pricing growth despite some margin impacts.

​And jewellery market has been sluggish and has been down. And the revival of that is not necessarily to do with the revival of gold, but also an economy of jewellery and consumption generally in China.

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Just like gravity anchors objects to the ground, economic fundamentals usually dictate the direction of equity markets. Yet, in the short run, particularly during economic booms, markets can appear to defy this natural order, leaving investors perplexed by this seeming paradox.

The IPO with a face value of Rs 10 per equity share is entirely a fresh issue of up to 1.20 crore equity shares. The offer also includes a reservation for a subscription by eligible employees and a discount is being offered to eligible employees bidding in the employee reservation portion.

Ambuja Cements shares drop 0.14% as Sensex falls

Updated at : 2024-09-16 14:30:02

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The stock quoted a 52-week high of Rs 706.85 and a 52-week low of Rs 404.0.

We are focused on that at this point of time and between all our verticals of paints and coatings, we are trying to make sure we do it. How are we going about it? You may have just read. We have just announced an addition of 5,000 tonne capacity in our Gwalior for our powder business, that is one of our fast growing business and now with the capacity augmented at Gwalior, we should be able to serve our customers, particularly in the northern and eastern part of the country and the team is doing a fabulous job.

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The APEDA (Agricultural and Processed Food Products Export Development Authority) was requested to take immediate action to implement the decision

Top stock pick from Aditya Arora for near term

Updated at : 2024-09-16 14:30:02

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​Overall, there is neutral view on the macro front but if we look at technicals, then technically a lot of stocks are looking actually good because they rebounded pretty sharply and options activity is positive. So, maintaining neutral to positive stands on metals.

ETMarkets found that 73 out of these newly listed stocks have seen their prices climb by more than 25% in the current fiscal year (FY25). Additionally, 10 of these stocks stand out with even more impressive gains, ranging between 60% and 80% year-to-date.

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