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[hfe_template id='11223'] [ad_1] Synopsis Ipca Laboratories Ltd hit a fresh record high in October 2024, breaking a 2-week consolidation. Experts suggest the rally may continue, with short-term traders targeting Rs 1,650-1,680 in 1-2 months. The stock has been on an upward trend, trading above key moving averages. Traders are encouraged to buy, with a stop loss below Rs 1,450. Ipca Laboratories Ltd, part of the pharma space, broke a 2-week consolidation to hit a fresh record high in October 2024 and chart pattern suggests that the rally may not be over yet.Short-term traders can look to buy for a target of Rs 1,650-1,680 in the next 1-2 months, suggest experts.The pharma stock has rallied more than 30% in the last 3 months. The momentum helped the stock to breakout from the 2-week consolidation seen on the daily BY ETMarkets.com Oct 11, 2024, 10:00:00 AM IST Gift A Story Share member-only stories with your friends or family and help them read it for free. Gifting Limit R...

[hfe_template id='11223'] [ad_1] Mumbai: Zero brokerage as a service perquisite could well be a thing of the past as regulatory changes, such as Tuesday's new measures aimed at curbing the F&O frenzy, push up transaction charges and cause trading volumes to decline. Angel One, India's third-largest brokerage by client count, introduced a flat fee of ₹20 or 0.1% of turnover (whichever is lower) on cash market transactions starting November 1, anticipating a drop in revenues from the derivative segment. Previously, these transactions were free of charge. Market participants expect other brokerages to raise their fees, which could take the sheen off discount broking that had broken the stranglehold of big banks. "In the changing environment, it is no longer easy for the broking industry to survive on such low fees," said Dhiraj Relli, MD, HDFC Securities. "Fees will have to increase, especially for discount broking firms, as they have been relying...

[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...