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[hfe_template id='11223'] [ad_1] Indian benchmark indices opened flat on Monday, as gains in financial stocks were offset by losses in IT shares, amid weak global sentiment following Moody’s downgrade of the U.S. government’s credit rating on Friday. The BSE Sensex shed 60.79, or 0.07%, to open at 82,269.80, while the NSE Nifty advanced 3.05 points, or 0.01%, to open at 25,022.85. Among the 30-stock Sensex pack, shares of Infosys, Eternal, TCS, IndusInd Bank, HCL Technologies, and Reliance Industries were among the top losers, falling between 0.3% and 1.1%. The decline in IT stocks followed Moody’s downgrade of the U.S. government’s credit rating to AA1 from AAA, citing elevated debt levels and interest costs "significantly higher than similarly rated sovereigns." As IT firms earn a sizable portion of their revenue from the U.S., the Nifty IT index slipped 0.8%. In contrast, the broader markets outperformed, with the more domestically focused Nifty Smallcap 100...

[hfe_template id='11223'] [ad_1] The colour of "Operation Sindoor" was starkly split on trading screens across the subcontinent on Wednesday—blood red in Karachi and calm green in Mumbai. As India launched a tri-services strike on terror hubs across Pakistan and Pakistan-occupied Kashmir, Pakistan’s benchmark KSE-100 index sank 6%, while Indian equities overcame early jitters to trade higher, signalling investor confidence in domestic fundamentals. The military strike, in retaliation for the deadly April 22 attack in Pahalgam that killed 26 people, sent shockwaves through Pakistani markets. The KSE-100 index plunged 6,272 points, or 5.5%, to 107,296 in early trade, marking a sharp downturn after India’s surprise Operation Sindoor. In contrast, Dalal Street remained unfazed by the military escalation. After an initial dip, India’s equity markets recovered swiftly. The BSE Sensex rose 166 points, or 0.21%, to 80,802, while the Nifty 50 gained 59 points, or 0.24%,...

[hfe_template id='11223'] [ad_1] Indian stock exchanges NSE and BSE will remain shut for Ambedkar Jayanti on April 14. Accordingly, all the segments including derivatives and equities will be closed. After a hectic few days of volatility, traders will enjoy a much needed break as the current week will have only three sessions. Is MCX open for Ambedkar Jayanti? The multi commodity exchange (MCX) will be closed for the first half on April 14, while trading can be done in the second half. The MCX usually operates in two halves, where the first session will be from 9 am to 5 pm and the second half of the day will start from 5 pm and stay till 11:30 pm. Stock market holidays in 2025 Indian markets will be closed for a total 14 days during the current year for various festivals and other important occasions. In April, the market was already shut for Mahavir Jayanti. Further, Ambedkar Jayanti on April 14 and Good Friday on April 18 will also be closed for trading. During May, t...

[hfe_template id='11223'] [ad_1] Indian benchmark indices traded lower on Tuesday, weighed down by banking and IT stocks, amid uncertainty over Donald Trump’s upcoming tariff announcement. The BSE Sensex was trading 1,218 points, or 1.57%, lower at 76,201. The Nifty50 was down 327 points, or 1.39%, trading at 23,192 around 11:53 am. From the Sensex pack, IT stocks like Infosys, TCS, and HCL Tech were trading in the red. Bajaj Finance, HDFC Bank, Bajaj Finserv, and Titan also saw declines, while IndusInd Bank, M&M, Power Grid, Bharti Airtel, and NTPC opened higher. Among individual stocks, Hindustan Aeronautics Ltd (HAL) shares rallied 7.5% after the company signed a Rs 62,700-crore contract with the Ministry of Defence for the supply of 156 Made-in-India Light Combat Helicopters (LCH) Prachand for the Indian Army and Air Force. Meanwhile, HBL Engineering shares jumped 9.2% after winning Rs 762.56-crore contracts from Central Railway for Kavach implementation. Live E...

[hfe_template id='11223'] [ad_1] Global brokerage firm Goldman Sachs (GS) has issued a neutral call on BSE Ltd., revising its target price downward to Rs 4,230 per share, citing potential headwinds from the recent changes in the options market expiry schedule by the NSE. The key concern highlighted by the brokerage is the impact of NSE’s shift in weekly option contract expiry days. Effective January 1, 2025, NSE will move its expiry day to Monday, while BSE’s will be Tuesday, creating an asymmetry in the options market. This shift is expected to negatively affect BSE’s options trading market share, as weekly options expiries drive significant trading volumes. BSE had been gaining ground in the options segment, with its market share in index options premium rising from 16% in December 2024 to 20-22% in January and February 2025. This happened after BSE shifted its weekly expiry from Fridays to Tuesdays. However, the brokerage had anticipated greater liquidity buildup in B...

[hfe_template id='11223'] [ad_1] The Nifty index opened positive on Friday, witnessed profit booking and finally settled the day on a negative note at the 23,560 level. The volatility index, India VIX, dropped by 3.45% to 13.69, indicating a decrease in market volatility.Technically, Nifty formed a red candle on the daily scale, signifying weakness. However, on a weekly scale, the index formed a green candle, confirming the bullish engulfing candlestick pattern formed last week. On the downside, the index's immediate support is placed around 23,430, where the short-term breakout point is located, while the resistance of the downward-sloping trend line is situated at 23,800. Considering the strong weekly structure, buy-on-dips approach should be adopted in Nifty, said Hrishikesh Yedve of Asit C. Mehta Investment Interrmediates. According to the open interest (OI) data, the highest OI on the call side was observed at 23,800 and 23,600 strike prices, while on the put si...

[hfe_template id='11223'] [ad_1] After a historic nine-year streak of positive returns, a wave of optimism has swept over Nifty bulls, with many anticipating another year of double-digit gains in 2025. However, the second half of 2024 served as a stark reminder to new investors of a timeless truth: Dalal Street is far from a one-way ride. The undercurrents of risks are growing stronger as investors will have to deal not only with global headwinds of geopolitical tensions and trade frictions but also the enemy within - slowing domestic growth, elevated valuations and earnings pressure. Bull markets are generally powered by a mix of earnings growth and multiple expansion, the latter often influenced by sentiment and liquidity. But 2024 saw the market being driven more by multiple expansion than by actual earnings growth. As the saying goes, mean reversion is the unyielding rule of markets, and it could make its presence felt in 2025. Here are 6 key risks that could disrupt...

[hfe_template id='11223'] [ad_1] The BSE and the National Stock Exchange (NSE) have released the trading holiday schedule for 2025, detailing 14 non-trading days throughout the year. The months of February, May, November, and December each feature one holiday, while March and August include two holidays each. April and October will witness three trading holidays each. The first market closure is slated for February 26, 2025, in observance of Mahashivratri. Also Read | Nifty down 10% from peak. A Claus rescue mission could be underway this Christmas In March, the markets will remain closed on the 14th for Holi and the 31st for Id-Ul-Fitr (Ramadan Eid) while the month of April will see three holidays: Shri Mahavir Jayanti on the 10th, Dr. Baba Saheb Ambedkar Jayanti on the 14th, and Good Friday on the 18th. May 1st marks Maharashtra Day, resulting in a market holiday. Stock Market 2025 NSE Holidays Calendar Agencies The exchanges will observe Independence Day on August 15t...

[hfe_template id='11223'] [ad_1] Capital markets regulator Sebi on Friday slapped a monetary penalty of Rs 9 lakh on Reliance Securities for flouting market norms as well as stock brokers rules. The order came after the regulator and exchanges, NSE and BSE, had conducted a thematic onsite inspection of the books of accounts, records and other documents of authorised persons (APs) of Reliance Securities Ltd (RSL), a Sebi-registered stock broker. The inspection was conducted to ascertain whether the same are being maintained in the manner required by RSL, with respect to provisions of stock brokers rules, NSEIL Capital Market (CM) regulations and NSE Future & Options (FO) trading norms. The inspection was conducted for the period from April 2022 to December 2023. Pursuant to the findings of inspection, Sebi issued a show cause notice to RSL on August 23, 2024. In a 47-page order, Sebi found multiple violations committed by RSL and its authorised persons, including no...

[hfe_template id='11223'] [ad_1] Shares of Afcons Infrastructure rallied 3.7% to a day’s high of Rs 506 on the BSE after the company received a work order worth Rs 1,274 crore from the Government of Uttarakhand. “We are pleased to inform you that the Company has received Letter of acceptance dated November 21, 2024 from Uttarakhand Project Development and Construction Corporation Ltd for Civil Works including HM Works for the Construction of 130.6 m High Concrete Gravity Dam and Appurtenant Works across River Song of Song Dam Project in District Dehradun, Uttarakhand,” the company said in its press release. The construction engineering company was declared the lowest bidder for the project, which will be completed in 60 months. The company’s board will meet on November 23 to announce its quarterly results. Afcons Infrastructure made its debut on BSE and NSE on November 4. The company’s muted debut was in line with analyst expectations, driven by negative market sentiment...

[hfe_template id='11223'] [ad_1] Optimism surrounding Donald Trump’s victory in the US elections fizzled out soon as Nifty ended the week 0.2% down and outperformed most global markets amid concerns around slowing macro and weak Q2 earnings. IT stocks rallied post-US election results, lifting the Nifty IT index by 4%. Conversely, the high-beta Nifty Realty Index fell by 4%. "Consolidation continued in the market as investors stayed cautious due to disappointment in earnings and the flight of FIIs. The US Fed continued its rate-cutting cycle to stimulate the economy and is expecting a similar 25-bps rate cut in December policy meet amid moderation in inflation. While inflation in India is estimated to increase in October and the strengthening USD would reinforce RBI to hold the rate in the near-term," said Geojit's Vinod Nair. With major global events and Q2 earnings behind us, the market focus now shifts to key macroeconomic data and the last round of Q2 ea...

[hfe_template id='11223'] [ad_1] (This story originally appeared in on Oct 24, 2024) Zomato has a clarification on the recent platform fee hike – a day after the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) reportedly sought clarification from the online food delivery platform. Zomato said that the Rs 10 platform fee hike is “not a rumour”. In a document addressed to the BSE, Zomato said that the news about platform fee hike is not a rumour and the changes “are a routine business matter”. Here’s the complete clarification by Zomato. Dear Sir, We are in receipt of your email bearing ref. no. L/SURV/ONL/RV/AA/ (2024-2025)/ 77 dated October 23, 2024, seeking a clarification on news item appearing on https://www.livemint.com captioned "Zomato hikes platform fee to Rs.10 amid festive season rush". At the outset, we would like to state that this is not a rumor, as the source of information mentioned changes in our platform fee are a routine business...

[hfe_template id='11223'] [ad_1] The National Stock Exchange (NSE) will conduct its annual Diwali Muhurat trading session on Friday, November 1, 2024, from 6:00 PM to 7:00 PM, marking the beginning of the Hindu calendar year Samvat 2081. While the market will be shut for normal trading to mark Diwali, the special trading window will be open for just one hour in the evening. NSE said that the pre-opening session will be conducted from 5:45 pm-6:00 pm. This tradition of executing trades during the auspicious one-hour session is based on planetary positions, as it is considered favorable to start new business activities in the glow of diyas and amidst the vibrant colors of rangoli patterns. Historically, investors have seen positive returns, with the BSE Sensex closing higher in 13 of the last 17 special sessions. The equity indices have historically performed quite well on these special trading sessions, though low trading volumes have usually been observed and fewer stock...

[hfe_template id='11223'] [ad_1] India’s stocks have powered ahead in recent months as surging earnings outweighed fears about lofty valuations. That dynamic is at risk with companies forecast to report slowing profit growth. Brokerages predict that companies in the benchmark NSE Nifty 50 Index will either report flat or low single digits profit gains for the quarter ended September. Earnings may expand at the slowest pace in more than four years, Jefferies Financial Group Inc.’s analysts forecast for their coverage universe excluding oil and gas. The benchmark gauge has dropped almost 3% in October, paring the year’s gains to over 15%. That’s fueling speculation it may have topped out in September following a stellar run, before an exodus of global funds toward China. The earnings slowdown is being driven by weakening consumer spending and increasing commodity prices. “There is a visible loss in macro momentum,” said Rajat Agarwal, an Asia equity strategist at Societe G...

[hfe_template id='11223'] [ad_1] Mumbai: Stock traders must shell out more to punt in equity derivatives - and on fewer weekly contract choices than they now have - after the markets regulator introduced a raft of measures Tuesday to curb retail participation in a segment where at least nine out of ten participants have consistently lost money over the past three years. The Securities and Exchange Board of India (Sebi) Tuesday increased the minimum contract size in index derivatives to ₹15 lakh from the current ₹5 lakh, making options trading costlier. At the same time, it reduced weekly index product offerings to just one per exchange, seeking to curb frenzied speculation among retail traders. "Given the inherent leverage and higher risk in derivatives, this recalibration in minimum contract size, in tune with the growth of the market, would ensure that an inbuilt suitability and appropriateness criteria for participants is maintained as intended," Sebi said i...

[hfe_template id='11223'] [ad_1] As Indian markets continue their bull run, investors are faced with key changes, effective October, which could impact their trading strategies and profits. Among the notable changes are charges levied by the exchanges, a hike in Securities Transaction Tax (STT), and revamped rules governing share buybacks. NSE, BSE revise transaction charges Leading stock exchanges BSE and NSE revised their transaction fees for cash and futures and options trading. These changes, which will kick in from October 1, came after markets regulator Sebi mandated a uniform flat fee structure for all members of market infrastructure institutions.BSE has revised the transaction fees for Sensex and Bankex options contracts in the equity derivatives segment to Rs 3,250 per crore of premium turnover. However, the transaction charges for other contracts in the equity derivatives segment remain unchanged. For Sensex 50 options and stock options, BSE charges a transact...

[hfe_template id='11223'] [ad_1] Nifty hit fresh intra-day record highs on each trading session last week ending with weekly gains of 1.5% led by banks and pharma stocks. When markets resume trading on Monday, a host of important domestic and global events lined-up during the week are likely to impact them. On Friday, benchmark indices took a breather as BSE Sensex declined 264 points or 0.31%, settling at 85,571. Nifty ended with a marginal loss of 37.10 points or 0.14% at 26,178.95. "The Nifty took a breather after a few days of continuous gains though the sentiment remains strong as the index continues to stay above important moving averages," Rupak De, Senior Technical Analyst at LKP Securities said. In his view, the strength will likely persist as long as it remains above 25,900 and a fresh rally could begin above 26,300 leading the 50-stock index towards 26,600. It will be a holiday shortened week as domestic stock markets will remain closed on October 2,...

[hfe_template id='11223'] [ad_1] Indian benchmark indices, Nifty50 and Sensex, rebounded from a slow start to hit record highs on Thursday, fueled by gains in financial and IT stocks. The BSE Sensex was trading at 82,150 points, up 365 points or 0.45%. The Nifty 50 was at 25,150, up 98 points or 0.39%, around 1:05 pm. Despite the rally, the market capitalisation of all listed companies on the BSE declined by nearly Rs 1 lakh crore to Rs 462.1 lakh crore. On the sectoral front, Nifty Bank, Financial, IT, Consumer Durables, and Oil & Gas sectors surged, while Nifty Auto, Media, Metal, Pharma, and Realty sectors saw declines. In the broader market, both the Nifty Midcap 100 and Nifty Smallcap 100 fell by 0.7%. The benchmark Nifty 50 hit a record high on Wednesday but pared gains as profit booking across most sectors limited advances in IT stocks.Among individual stocks, PB Fintech gained 3.3% after 2.1% of its equity shares were traded in a block deal.Paytm shares surge...

[hfe_template id='11223'] [ad_1] Indian stock markets will remain open on Monday, August 26, the day of Krishna Janmashtami. All segments, including equity, derivatives, and SLB, will operate as usual. Additionally, the Multi-Commodity Exchange (MCX) will also remain open for both the morning and evening sessions. For the remainder of 2024, markets will be closed on Mahatma Gandhi Jayanti (October 2), Diwali (November 1), Gurunanak Jayanti (November 15), and Christmas (December 25). The exchanges may issue separate circulars if there are any changes to the holiday schedule. This week, Indian stock indices Sensex and Nifty surged by 0.7-1%, marking their seventh consecutive session of gains on Friday, reportedly the longest rally in 2024. On Friday, the S&P BSE Sensex ended at 81,086.21, up by 33.02 points or 0.04%, while the broader Nifty closed at 24,823.15, gaining 11.65 points or 0.05%.Global markets also surged on Friday following dovish remarks from U.S. Federal...

[hfe_template id='11223'] [ad_1] After forming a potential top and extending weekly losses, the markets finally took a breather and closed the week on a positive note. It was a truncated week with August 15th being a trading holiday on account of Independence Day. During the past four trading days, the markets remained choppy; however, they remained within a defined range while keeping their heads above the 50-DMA. The trading range remained modestly higher; the Nifty oscillated in a 464.20 points range during these four trading sessions before ending toward their high point. The volatility cooled off a bit; the India VIX retraced 6.08% to 14.40 through the week. The headline index closed with a weekly gain of 173.65 points (+0.71%). ETMarkets.com The markets are still within a range; however, they are currently trading close to the upper end of the defined trading range. Going by the derivatives data, the strikes between 24,500 and 24,800 are seeing the accumulation of ...