Page 9 - Stock Market Trading

Is Nifty Bank forming a short-term bottom and ready to breakout over 42K?

if the Bank index succeeds to close over 41,000 mark, which is right above its 21-DMA, the short-term upside may poised to rally towards 42,000 level,

SC directs Sebi to probe Adani; group stocks hold gains amid heavy volumes

Adani Enterprises, the Group flagship company, saw around 38.96 million equity shares (3.4 per cent of total equity) worth of around Rs 5,487 crore change hands on the BSE this morning.

Sonata Software hits new high; stock up 44% since start of the year

Acquisition of Quant Systems will strengthen Sonata offering in BFSI and Healthcare & Life science verticals which will aid the revenue growth of company, say analyst at ICICI Securities.

Nifty IT, Realty indices look bullish on chart: Ravi Nathani

The technical analyst also expects a pullback in the Nifty Pharma index.

Oil India, ONGC gain up to 4% on improved earnings outlook

Sustained higher crude oil prices and gas realisations can result in better profitability for upstream companies, say analysts.

Adani Enterprises soars 12%; mining arm gets LoI for Odisha Bauxite block

Adani Enterprises on Tuesday said its wholly-owned subsidairy Mundra Aluminium was declared as the preferred bidder for the Kutrumali bauxite block by the Odisha government.

Markets end lower for 3rd month in a row: Here're best & worst of Nifty50

If not for the Rs 70,000-crore buying by domestic institutions, the market fall would have been steeper

Speeding up reforms: Madhabi Puri Buch's first year as Sebi chief

As first woman at the helm of Sebi, Madhabi Puri Buch brought in a data-driven approach and made regulation more nimble

Integrated Core Strategies (Asia) buys Biocon shares worth Rs 185 crore

Integrated Core Strategies (Asia) Pte on Tuesday bought shares of biopharmaceutical company Biocon for Rs 185 crore through an open market transaction. According to the bulk deal data available with the National Stock Exchange (NSE), Integrated Core Strategies (Asia) Pte purchased 80,61,599 shares at an average price of Rs 229.26 each share. The aggregate deal value is Rs 184.82 crore. Details about the sellers could not be immediately ascertained. On Tuesday, shares of Biocon closed marginally lower at Rs 229.50 apiece on NSE.

Sebi penalises Swastika Investmart for misusing clients' securities, funds

Sebi on Tuesday slapped a fine of Rs 15 lakh on Swastika Investmart Ltd for misutilisation of clients' securities and funds. The order came after the Sebi conducted an inspection of Swastika Investmart Ltd (SIL) for a period from April 2020 to June 2021. Based on the findings of the examination, the regulator initiated adjudication proceedings against Swastika for the alleged violations of Securities contracts (regulations) act (SCRA) and other market norms. In its order, the Securities and Exchange Board of India (Sebi) found that Swastika had misutilised the funds of its credit balance clients for the purpose of settlement/ margin obligations of debit balance clients. The amount of mis-utilisation of credit balance client funds ranged between Rs 6.44 lakh to Rs 1.38 crore. In a separate order, the regulator imposed a fine of Rs 15 lakh on 15 entities for flouting the regulatory norms in the matter of Matra Kaushal Enterprise Ltd (MKEL). The entities are the promoters of MKEL. T

Indiabulls Real Estate plunges 7% as MD Mehul Johnson resigns

The company said merger with the Embassy was in the final stages of the National Company Law Tribunal (NCLT) review - next hearing in Chandigarh scheduled for tomorrow, March 1, 2023.

Stake buy buzz: Bharti Airtel stock looks weak, Paytm must hold its 200-DMA

Shares of Bharti Airtel may plunged up to 7 per cent on breaking 200-DMA, while Paytm shares need to holds above its 200-DMA to upheld the positive stance.

Zee Entertainment jumps 6% as NSE reincludes stock in F&O segment

The stock of TV broadcasting & software production had dipped 15 per cent in past six trading days between February 17 and February 27.

DLF, Hindustan Aeronautics can bounce back, says Mehul Kothari; check why

According to the technical analyst from Anand Rathi, shares of Hindustan Aeronautics can bounce back to Rs 2,700, while DLF can jump to Rs 370.

Retail investors are nervous; expect time-wise correction: Prakarsh Gagdani

Commenting on the extended trade timing for interest rate PRAKARSH GAGDANI, chief executive officer of 5paisa says that the fatigue of longer trading hours for regular traders will soon weigh in.

Valuations, demand uptick hopes favour Indian metal companies

Most metal players have underperformed the benchmarks over the past year

Nifty Midcap index dips below 200-DMA; remain on sidelines, analysts advise

The breach of a critical level after a period of nearly 10 months reflects a shift in sentiment. The overall trend remains bearish as the index is making lower top, lower bottom on the technical chart

Another market fall with no ripcord to pull? Here's what the data say

If fall isn't arrested, this will be second time in three months the Sensex would have chalked up negative returns

Street Signs: Nifty above 200-DMA, new-age start-up stocks, and more

NSE issued a list of 61 words brokers are barred from using misleading titles to offer client services they aren't permitted to

Sebi to control unsolicited fin market advise from social media influencers

Markets watchdog Sebi will come out with a discussion paper to frame guidelines to control unsolicited financial and stock market advise from social media influencers as also from unregulated investment advisors. Addressing a meeting of the Association of Registered Investment Advisers here on Friday, Sebi Whole Time Member Ananth Narayan Gopalkrishnan said some unscrupulous people are misusing their Sebi registration to further their businesses and as the regulator "we don't want (that) to happen". "We'll come out with a discussion paper seeking inputs for making effective measures to control unsolicited financial and market advises from social media influencers and also from unregulated investment advisors. "After inputs from market participants, and other stakeholders, we'll issue guidelines to rein them in," Gopalkrishnan said. There is also the issue of unregistered investment advisors, who pose greater risks to gullible investors. More important, "we see examples of misuse of