Latest Stock Market News

The inclusion of new stocks in the F&O segment could lead to short-term selling pressure. However, the long-term impact is likely to be positive as it increases the number of investable stocks and attracts more liquidity.

The market is currently in a weak undercurrent, with a potential for a technical rebound. However, sustained selling pressure cannot be ruled out. The market breadth remains weak, and leveraged exposures should be curtailed. A cautious approach is advised for the coming week.

FPIs have continued their bearish stance on Indian markets in November, pulling out Rs 22,420 crore. While they sold Rs 32,351 crore in the secondary market, they invested Rs 9,931 crore in the primary market. FPIs have also turned cautious on Indian debt markets, with outflows reaching Rs 4,717 crore.

Over the past week, the benchmark index fell by about 2.4%, while the BSE Smallcap index plunged 4.6%. Amid significant smallcap losses, ETMarkets identified the top 15 smallcap stocks that dropped the most, with declines ranging between 15% and 25% during the sell-off.

Indian markets have corrected 10% from the peak due to weak Q2 results and FII outflows. 103 smallcap stocks declined double-digits, with Kopran Ltd leading the losses at 26%. Other notable declines include Globus Spirits, Antony Waste, and BASF India.

Gold prices have plummeted by 6% since Diwali, dropping to Rs75,920 per 10 grams due to a surging US dollar and higher-than-expected US inflation data. This has raised concerns about potential pauses in Federal Reserve rate cuts, further impacting gold prices.

MRF, Cochin Shipyard, ONGC and Ashok Leyland are in focus due to upcoming record dates for dividends and stock splits. Shareholders need to hold shares on the record date to be eligible. Buying the stock one day before the ex-date ensures eligibility for dividends while buying on the ex-date excludes such benefits.

The Sensex fell 2.47% in the past five sessions, with 12 BSE 100 stocks declining consistently. This decline is attributed to factors like FII selling and weak earnings.

Bitcoin’s speculative surge post-Trump’s election win is easing. The cryptocurrency dipped below $87,000 after Fed Chair Powell downplayed urgent rate cuts, rebounding to $90,265. CME Bitcoin futures premiums narrowed, signaling reduced risk appetite. Bearish $80,000 options saw rising interest, reflecting cooling markets, per K33 Research’s Vetle Lunde.