Latest Stock Market News

Rate this item

(1 Vote)

A very high dividend yield may indicate a struggling company, as it could be trying to attract investors by offering higher payouts.

Notable acquisitions included 360 One Wam, Tata Chemicals, and Angel One, while key reductions were seen in RBL Bank and CDSL.

The IPO of NTPC Green Energy will open for subscription on November 19 and close on November 22, with a price band of Rs 102-108 per share. The company aims to raise Rs 10,000 crore through the sale of 92.5 crore shares. The grey market premium (GMP) is around Rs 1-2, indicating a 1% premium over the issue price.

If Nifty breaks below the 200-day EMA, selling pressure could intensify.

Gold prices have dropped by around 6% since Diwali, pressured by a stronger US dollar and rising inflation concerns. The price of 24-carat gold fell from Rs 80,710 to Rs 74,031. The recent uptick in US inflation has sparked fears of a pause in Federal Reserve rate cuts, further weakening gold prices. Check local gold rates for details.

The Indian equity market experienced a loss exceeding 2.5% last week due to declining earnings and foreign outflows. Market movements this week will likely be influenced by the Maharashtra election, foreign investor activity, rising bond yields, and global market trends. Several new IPOs and listings are also on the horizon.

Rate this item

(1 Vote)

"Mounting concerns over rising CPI inflation and persistent disappointments in corporate earnings weighed heavily on sentiment," Ajit Mishra - SVP, Research, Religare Broking Ltd, said.

Buying was seen in healthcare, auto, telecom, small-cap, and realty stocks, while selling was visible in oil & gas, utilities, and FMCG sectors.

The latest, according to a post on X from blockchain analytics platform Spot On Chain, happened on 15 November, when a "Satoshi-era Bitcoin wallet holding 2,000 BTC ($178 million) woke up after 14 years of dormancy."

These 7 penny stocks slipped 10-25% in a week

Updated at : 2024-11-17 09:20:01

Rate this item

(1 Vote)

Our selection criteria focused on stocks with a market capitalization below Rs 1,000 crore and a share price under Rs 20

Warning! Information Posting in this website is only for educational purpose. We are not responsible for losses incurred in Trading based on this information.