Page 32 - Stock Market Trading

Despite buoyancy in market, stock trading activity declines in October

Cash market turnover fell almost 20% in October as rally take traders by surprise

LIC, Indiabulls Housing Finance struggle on charts; HDFC eyes Rs 2,700-mark

Shares of LIC Housing Finance today slipped below the 200-WMA after falling over 10 per cent. Now, four out of five leading housing finance stocks are trading below the 200-WMA.

Cochin Shipyard, Mazagon Dock soar up to 8% on hopes of strong Q2 results

Thus far in FY23, MDL (up 277%), GRSE (201%) and Cochin Shipyard (185%) have seen their market price appreciated more than 100%, as against nearly 4% rise in Sensex.

Rupee falls 12 paise against dollar amid muted trend in domestic equities

The rupee depreciated 12 paise to 82.71 against the US dollar in morning trade on Wednesday amid a muted trend in domestic equities. Forex traders said the rupee opened on a flat note ahead of the US Federal Reserve's much-awaited monetary policy decision later in the day. At the interbank foreign exchange, the domestic unit opened at 82.64 against the dollar, then lost further ground to quote at 82.71, registering a loss of 12 paise over its previous close. In initial trade, the local unit also touched 82.62 against the American currency. On Tuesday, the rupee settled at 82.59 against the dollar. According to Sriram Iyer, Senior Research Analyst at Reliance Securities, on Wednesday, the rupee started on a flat note and Asian and emerging market peers began mixed ahead of the US Fed's monetary policy decision. With the Fed widely expected to deliver its fourth straight 75 basis points rate hike, the key will be hints from Fed Chair Jerome Powell on the path forward, Iyer ...

'It is unacceptable': Investors react to 40-minute Toronto Exchange Outage

A 40-minute outage across three stock exchanges stalled equity trading in Canada, leaving some investors frustrated and others refusing to place orders even after it reopened.

Sensex gains 375 pts, ends above 61K; Nifty atop 18,100; IT, metal lead

MARKET WRAP: Pharma, power and IT stocks were the major gainers in trade on Tuesday, while index heavyweight Reliance Industries and select banking shares ended on a tepid note.

Axis Bank slips 2% after 1.2% equity changes hands on BSE via block deal

At 09:15 AM, around 38.99 million shares representing 1.2 per cent of total equity of Axis Bank changed hands on the BSE, the exchange data shows.

Asia stocks edge up in early trade as investors eye Fed rate decision

Early in the Asian trading day, MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.7%. U.S. stock futures rose 0.2%

Mehul Kothari recommends to buy Astral, Just Dial on dips; Check Why

According to the technical analyst from Anand Rathi, Astral can be bought with a stop at Rs 1,940, and Just Dial can be purchaced closer to Rs 620.

Subdued equity market slows mutual fund penetration, shows data

Mutual funds fail to carry high growth momentum of FY22 due to changed market conditions

SBI Cards and Payment Services tanks 7 per cent on muted Q2 earnings

SBI Card reported a modest quarter with net earnings impacted due to higher provisions.

Uncertainty on revenue growth, margin outlook hits Gland Pharma stock

The injectable manufacturing company expects the margin pressure to persist due to cost pressures and negative operating leverage.

F&O expiry: Sensex rises 213 pts, Nifty holds 17,750; metals rally, IT slip

CLOSING BELL: Tata Steel, Power Grid, Sun Pharma, Axis Bank, Bharti Airtel, Kotak Bank, M&M, HDFC, Dr Reddy's Labs, and Titan were the leading winners

Gland Pharma plunges 13%, hits 52-week low on disappointing Q2 results

Earnings before interest, taxes, depreciation, and amortization (EBITDA) margin contracted 150 bps to 33 per cent from 38 per cent in a year ago quarter.

PNB, BHEL, IDFC among top mid-, smallcap stocks that can rally up to 25%

Technically, whenever any stock remains unaffected during times of volatility, the trend indicates something positive underneath. Such stocks are preferred by market participants for trading gains.

Analysts positive on Bank Nifty, advise picking up stocks on dips

Bank Nifty index has been outperforming the benchmark Nifty. It has gained 4% in the past one month and 16% YTD. In comparison, Nifty is up less than 2% both on a one-month and YTD basis

Global Health Limited's IPO to open on November 3: Red Herring Prospectus

The initial share sale of Global Health Limited, which operates and manages hospitals under the Medanta brand, will open for public subscription on November 3. The Initial Public Offering (IPO) will conclude on November 7, according to the Red Herring Prospectus (RHP). The IPO consists of a fresh issue of equity shares aggregating to Rs 500 crore and an offer for sale of up to 5.08 crore equity shares. As a part of the OFS, Anant Investments, an affiliate of private equity major Carlyle Group and Sunil Sachdeva (jointly with Suman Sachdeva), will offload equity shares. At present, Anant Investments holds 25.67 per cent shareholding in Global Health and Sachdeva owns 13.43 per cent stake in the company. Proceeds from the fresh issue will be used to pay debt and general corporate purposes. Founded by Naresh Trehan, a renowned cardiovascular and cardiothoracic surgeon, Global Health is a leading private multi-speciality tertiary care providers in the North and East regions of ...

Debt MFs face lower risk, may put up a better show in Samvat 2079

Analysts advice investors to stay away from longer-duration funds yet, or consider a staggered plan

Uncertain outlook: Markets in Samvat 2079

With corporations still complaining about margin pressures and soft demand, markets will hope for broadening of recovery

Samvat 2078: A year of India's stock market outperformance to global peers

During the year, India's dematerialised account tally topped 100 million for the first time