Posts

Showing posts with the label mcx

Stock market Holidays 2025: Are NSE, BSE open or closed on April 14 for Ambedkar Jayanti 2025

Image
[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...

Can gold sustain its rally and touch Rs 1 lakh by Akshaya Tritiya? Here's what experts say

Image
[hfe_template id='11223'] [ad_1] A 24 karat gold is commanding a price of Rs 93,350 per 10 grams, and with 3% Goods and Services Tax (GST), the price of physical gold is well past Rs 96,000. On the MCX, gold contracts on Friday hit a lifetime high of Rs 93,940, with momentum remaining intact in favor of buyers amid growing tensions between the two largest global economies — the US and China. According to data from the India Bullion and Jewellers Association (IBJA), 22 karat gold costs Rs 91,110 per 10 grams, while 20 karat gold is priced at Rs 83,080. Prices for 18 karat and 14 karat gold stand at Rs 75,620 and Rs 60,210, respectively. So far in 2025, gold prices have risen by nearly 20%, or Rs 16,000 per 10 grams. Will gold hit the Rs 1 lakh mark by Akshaya Tritiya? "With momentum in favor of buyers, gold now eyes the resistance zone of Rs 94,500–Rs 95,000, while Rs 92,000 serves as an important support," said Jateen Trivedi, VP Research Analyst - Commodity an...

Stock market holiday on Mahavir Jayanti 2025: Is trading open or closed on NSE, BSE today?

Image
[hfe_template id='11223'] [ad_1] The Indian stock exchanges, BSE and the National Stock Exchange (NSE), will remain shu today, April 10, in observance of Mahavir Jayanti 2025. Regular trading across exchanges will resume on Friday, April 11, offering market participants a mid-week pause. Mahavir Jayanti is one of the 14 scheduled market holidays in 2025. All market segments—including equities, derivatives, currency trading, securities lending and borrowing (SLB), and electronic gold receipts (EGR)—will remain suspended for the day. Investors are advised to plan their trades in advance, keeping the holiday schedule in mind. Additionally, the Multi Commodity Exchange (MCX) will also remain closed for the occasion for its morning trading session from 09:00 am - 5:00 pm, according to their website. However, the exchange will remain open for its evening session from 5:00 pm - 11:30 pm. NSE holidays in April 2025 Live Events Indian stock exchanges remain operational from Monda...

High F&O rollovers in these stocks signal contrarian bets

Image
[hfe_template id='11223'] [ad_1] A look at select stock futures contracts that have seen strong rollovers to the March series, and their near-term outlook. While Voltas, HDFC Bank and Coal India are witnessing a contrarian bullish trend, analysts see more weakness in MCX. Voltas CMP: Rs 1,322 Change in Open Interest in March Series:21% Change in Price in March Series: 0.71%After having dropped 32% from the all-time high, stock futures of the consumer goods manufacturer are seeing a bullish build-up. “The stock is now showing signs of a gradual recovery and has reclaimed its short-term moving average, the 20-day EMA (exponential moving average), in the last trading session. The indicators suggest that the ongoing recovery is likely to gain further strength,” said Ajit Mishra, senior vice president of research at Religare Broking. Mishra recommends buying Voltas March Futures in the range of Rs 1,295-1,305 with stop loss at Rs 1,240 for a potential target of Rs 1,425. HDFC...

NALCO among 86 stocks set to trade ex-dividend from tomorrow. Do you own any?

Image
[hfe_template id='11223'] [ad_1] National Aluminium Company, along with 86 other companies, is expected to be in focus today, as they have set September 20 as the record date for determining shareholders eligible for dividend payments. This means today is the last day to buy shares of these companies in order to qualify for the dividends they have announced, as dividends are paid to shareholders listed in the company’s records on the record date. To be eligible for the dividends, shares must be purchased at least one day before the ex-date, as transactions settle the next day. Investors who purchase shares on the ex-date do not qualify for dividends. Here is a list of other stocks, according to StockEdge data, that will begin trading on an ex-dividend basis starting Friday: 63 Moons Technologies has announced a dividend of Rs 2 per share. Ahlada Engineers has declared a dividend of Rs 1.6 per share. Ahluwalia Contracts (India) has announced a dividend of Rs 0.5 per sh...

HAL, Indiamart Intermesh among 5 stocks with long unwinding - What is long unwinding?

Image
[hfe_template id='11223'] [ad_1] Indian Railway Finance Corporation Share Price 205.77 03:59 PM | 19 Jul 2024 -0.05(-0.03%) One97 Communications Share Price 458.75 03:58 PM | 19 Jul 2024 13.45(3.03%) YES Bank Share Price 24.77 03:59 PM | 19 Jul 2024 -0.99(-3.81%) ITC Share Price 474.55 03:59 PM | 19 Jul 2024 4.31(0.92%) HDFC Bank Share Price 1607.3 03:59 PM | 19 Jul 2024 -7.5(-0.47%) Tata Motors Share Price 990.0 03:59 PM | 19 Jul 2024 -34.55(-3.38%) Zomato Share Price 218.89 03:59 PM | 19 Jul 2024 -1.74(-0.79%) Adani Enterprises Share Price 3005.7 03:59 PM | 19 Jul 2024 -86.5(-2.8%) Infosys Share Price 1792.95 03:59 PM | 19 Jul 2024 34.91(1.99%) Reliance Industries Share Price 3110.3 03:59 PM | 19 Jul 2024 -63.05(-1.99%) Adani Power Share Price 694.5 03:59 PM | 19 Jul 2024 -5.0(-0.72%) Vedanta Share Price 439.8 03:59 PM | 19 Jul 2024 -11.6(-2.57%) Indian Renewable Energy Development Agency Share Price 272.1 03:59 PM | 19 Jul 2024 14.71(5.72%) NHPC Share Price 106.27 03:...

MCX shares plunge 8% after Q4 results

Image
[hfe_template id='11223'] [ad_1] Shares of Multi Commodity Exchange of India (MCX) plunged 8% to Rs 3,715 in Wednesday's intraday trade on BSE following the company's report of positive but below-estimate numbers for the quarter ended March 2024. Its net profit for the January-March quarter of FY24 stood at Rs 87.8 crore, compared to Rs 5.4 crore in the same period of FY23. Meanwhile, its operating revenue climbed 35% to Rs 181.14 crore in Q4 against Rs 133.75 crore in the March 2023 quarter. EBITDA came at Rs 120.33 crore in Q4 against Rs 22.15 crore in the corresponding quarter of the previous fiscal. The MCX saw its margins expand sharply to 56.3% from 1.6% during the same period of the previous fiscal. Also Read: How GQG's $11 billion India empire is growing fast beyond Adani The company also declared a final dividend of Rs 7.64 per equity share for FY24.The recommended dividend will be approved by the shareholders at the 22nd Annual General Meeting. The ...