Latest Stock Market News
Bitcoin rally cools in countdown to US spot ETF decision by SECUpdated at : 2024-01-09 12:40:02 Rate this item (1 Vote)The token dipped to $46,850 as of 1:05 p.m. Tuesday in Singapore after a 6.5% jump on Monday in the US to a 21-month high. Bitcoin’s new year climb now stands at 10%, contrasting with drops over the same period in stocks and gold. |
Cryptoverse: Bitcoin derivatives traders bet billions on ETF futureUpdated at : 2024-01-09 12:40:02 Rate this item (1 Vote)Derivatives traders are already piling in, though, betting the Securities and Exchange Commission will give the green light to several ETF hopefuls this week and electrify the market. |
BEL shares up 0.89% as Nifty gainsUpdated at : 2024-01-09 12:40:02 Rate this item (1 Vote)A total of 503,652 shares changed hands on the counter till 11:47AM (IST). |
Oil And Natural Gas Corporation Share Price Live Updates: Oil And Natural Gas Corporation Closes at Rs 217.95 with 6-Month Beta of 1.0172Updated at : 2024-01-09 10:20:01 Rate this item (1 Vote)
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Jyoti CNC Automation IPO opens for subscription. Should you bid?Updated at : 2024-01-09 10:20:01 Rate this item (1 Vote)Jyoti CNC Automation is one of the world’s leading manufacturers of metal cutting computer numerical control (CNC) machines with the third largest market share in India accounting for approximately 10% market share in FY23. |
ETMarkets Smart Talk: Budget 2024 - We believe government’s focus on infrastructure creation will continue: Abul FatehUpdated at : 2024-01-09 10:20:01 Rate this item (1 Vote)Abul Fateh says: "Exposure to fixed income should be raised, especially towards the longer end of the curve. MPC has taken note of the real rates being positive at this point. The markets have also responded, especially in the last few weeks of CY2023, with the ten-year yields shrinking by about 20 bps from their peak." |
F&O Ban List: Bandhan Bank, Escorts among 13 stocks under trade ban on TuesdayUpdated at : 2024-01-09 10:20:01 Rate this item (1 Vote)The F&O 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 who trade in indices do not encounter a situation of security ban. |
Expect two rate cuts in India by end of CY24; see strong flows into equity, bond markets: Santanu Sengupta, Goldman SachsUpdated at : 2024-01-09 10:20:01 Rate this item (1 Vote)Santanu Sengupta says: “We are looking at two rate cuts from India, from the repo rate of 6.5% to 6% by the end of calendar 2024. We are seeing 25 basis points each in Q3 and Q4 of calendar 2024. But remember, the monetary policy in India will be more nuanced than just rate cuts. So, we see an easing of liquidity in the banking system from the RBI.” |
Buy or Sell: Stock ideas by experts for January 09, 2024Updated at : 2024-01-09 10:20:01 Rate this item (1 Vote)
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Market corrections likely to be shallow this year; 10-12% return can be expected: Sampath ReddyUpdated at : 2024-01-09 10:20:01 Rate this item (1 Vote)Sampath Reddy says: “From here on, what will really drive the market is earnings growth. For the time being, in FY24 so far, the earnings growth has been quite good and full year expectations are about 15-16% of earnings growth. Next year also, the growth expectations or estimates are quite good. In this backdrop, there are not really many headwinds for the market.” |