Latest Stock Market News

According to the company regulatory filing, the board of HDFC Bank at its meeting has recommended a dividend of Rs 15.50 per equity shares for the financial year 2021-22. However, the recommendation is subject to the approval of the shareholders at the annual general meeting (AGM) of the company, it said.

Going forward, some heavyweights to play tug of war to keep index movement in check. Any dip towards 16,800-17,000 can be used to deploy the Bull-Call-Ladder options strategy in Nifty, he suggests.

New waves of selling engulfed the Treasury market over the past week, roiling investors and analysts who’ve been trying to predict just how high yields will go.

The Relative Strength Index (RSI) is 46.87 -- it is neutral and does not show any divergence against the price. The daily MACD is bullish and stays below the signal line.

RCL had offered two options to all the bidders. Under the first option, companies could bid for Reliance Capital, including its eight subsidiaries or clusters. The second option gave the companies freedom to bid for its subsidiaries, individually or in a combination.

“The flow of capital has so few good homes today in this world… There are very few options left other than India – whether you are talking about FDI investments or FII investments or even debt investments. It is just a beautifully sweet spot in the economic history of the world. Almost every factor you want to look for in an investable market is right here in India.”

Both the companies have reserved some equity shares for eligible employees. Half of the net offer will be reserved for qualified institutional investors, whereas 15 per cent for non-institutional bidders. Retail bidders will get the rest 35 per cent.

Given that most of these companies don’t generate positive cash flows/profits, conventional methods of valuation cannot be relied upon to determine their intrinsic value. Investors need to rely on various key performance indicators (KPIs) which should be used to gauge the true potential for such companies. Among the most often used KPIs are – active users, transacting users, frequency of transaction, Gross merchandise value (GMV), Average Order Value (AOV), Contribution Margin etc.

So every 10 minutes, a certain amount of BTCs are introduced into the supply, but this supply is designed to be reduced by 50% every 4 years.

Benchmark indices - BSE Sensex and Nifty 50 - dropped up to 2 per cent during the week, whereas second rung stocks, midcaps and smallcaps, settled almost flat or marginally lower. Majority of the sectoral indices ended with losses during the week with banking, metal and pharma were the top losers. However, power and energy indices were in demand.