Latest Stock Market News

The shares submitted so far represent more than 31.78% of the 16.8 million shares that the Adani Group has offered to buy under the compulsory open offer. On November 7, the market regulator had granted approval to the ₹492.81 crore open offer for a 26% stake.

Stocks edged lower in Asia after US equities struggled for direction, with traders awaiting a jobs report later Friday for clues on the Federal Reserve’s next policy steps.

The U.S. dollar, which typically trades inversely with oil, edged higher after dipping to 16-week lows against a basket of major currencies following data that showed U.S. consumer spending increased solidly in October.

The latest signs of a strong U.S. economy come after Federal Reserve Chair Jerome Powell said on Wednesday that it was time to slow rate hikes, noting that "slowing down at this point is a good way to balance the risks."

A promising range breakout formation and long bullish candle are indicating further upside from the current levels. For the breakout traders, 415 would be the key level to watch. Overall chart structure suggests if the stock sustains above the same, then the breakout continuation texture is likely to continue up to 460-480.

India has seen its share of crypto frauds in recent years. In 2018, a police probe found that more than 25,000 investors were duped, while the nation’s top court is hearing a case on an alleged fraud worth about $1.6 billion at current prices. BitConnect, a global scam worth around $2.4 billion, had its roots in India.

The Tata group firm filed documents with Sebi, Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) on November 29. The firm advertised the move in some leading daily newspapers on Thursday. ET in its November 11 edition was the first to report about this development.

GMR Hyderabad International Airport is a step-down subsidiary of the listed GMR Airports Infrastructure Limited. It is the majority shareholder of Rajiv Gandhi International Airport at Hyderabad.

On Thursday, the bank in a statement said the issue consisted of Rs 500 crore base issue and a green-shoe option of Rs 1,000 crore.

The company will buy back 10.09 lakh shares having a face value of Rs 10 each