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Sensex, Nifty settled lower on Thursday, tracking muted global cues. Buying was seen in healthcare and banking stocks while oil & gas, utilities, IT and metal stocks faced selling pressure

Nifty finds support at its 50-day exponential moving average (50-DEMA) but faces resistance near 24,350. A breakout above this level or a drop below 24,000 is needed for the next significant move. Despite the current negative trend, selling pressure may persist even within this range, according to Chandan Taparia of Motilal Oswal

Investor registrations on the NSE have been accelerating over the past few years. The registered investor base reached 1 crore 14 years after operations began. The next 1 crore addition took about seven years, followed by the subsequent crore in roughly three and a half years, and the next crore in just over a year

Choosing the right company in any sector is extremely important but when it comes to investing in NBFC stocks, it is extremely important to check on things like quality of balance sheet and parentage. There is a very clear lesson from history, if you bought Bajaj finance, wealth creation happened, if you bought DHFL then wealth destruction happened. The question would arise, why buy NBFC if it has such risks? The answer is simple, as a sector NBFC will grow at a faster rate than a number of sectors. Why will the growth be faster? Because they provide credit and credit was / is / will remain more in demand than supply. So, a provider of credit is bound to grow as the Indian economy grows

Long unwinding involves selling long-held positions to book profits or exit due to expected bearishness. On Thursday, five stocks experienced long unwinding. Here’s the list

Eicher Motors Q1 Results: ET Now poll had estimated PAT of around Rs 1,031 crore.

On the technical charts, the RSI of the stock stood at 47.84.

In a volatile week, the Indian equity indices Nifty and Sensex sailed through the day eventually ending up in red. Here are the stocks that were in maximum action on Thursday:

The IPO is entirely an offer for sale (OFS) of up to 2.56 crore shares with a face value of Re 1 per share. Under the OFS, AceVector Ltd and SB Investment Holdings (UK) will be offloading their part stakes. Since the IPO is completely an OFS, the company will not receive any proceeds from the issue.

The RBI governor said all household savings weren’t going into the futures & options (F&O) segment. In June, the RBI Governor had expressed concerns over the volumes of trading in the derivatives market, highlighting that these perhaps have become larger than the nominal GDP of India.