On the other hand, Cyient, CAMS, Hero MotoCorp, ICICI General Insurance, Jio Financial Services witness short build-up in trades on Monday.
The statutory inspection of the companies was conducted by the RBI with reference to their financial position as of March 31, 2023
Spot gold gained 1.1 per cent to $2,662.98 per ounce, as of 01:41 PM ET (1841 GMT). US gold futures settled 1 per cent higher at $2,685.50
Cues from F&O market for December 10: Foreign investors are seen building long positions in Nifty futures thus far this month, with open interest rising by 27% in the last six days.
This stock movement aligns with the company's stock trading ex-date today following the announcement of an interim dividend of Re 1 for eligible shareholders
F&O cues for Nov 12: Options data hint support for Nifty at 23,950; with a high probability of a bounce back towards 24,500 - 24,700; says Sahaj Agarwal of Kotak Securities.
F&O cues for Nov 11: Nifty's outlook has shifted to a bearish-to-sideways bias, as multiple rally attempts have been thwarted by sellers, says Dhupesh Dhameja of SAMCO Securities.
The gold loan financier's consolidated net profit rose 2% from last year to Rs 571 crore (about $68 million) for the three months ended Sept 30
F&O cues for Oct 30: Nifty options reveals a neutral sentiment with Call and Put activity nearing parity, and the PCR rising to 0.93, said Dhupesh Dhameja of SAMCO Securities.
According to the report, Asirvad contributes around 27 per cent to the consolidated assets under management (AUM) of Manappuram Finance
Manappuram Finance share price: Manappuram Finance share price tanked 15 per cent to Rs 150.80, hitting an 11-month low on the BSE after the RBI put restrictions on Asirvad Micro Finance
Derivatives market update Oct 14: The Nifty weekly options data shows a tug-of-war between the bulls and the bears at the 25,000 Strike Price. FIIs continue to hold notable shorts in Bank Nifty.
Derivatives market update for Oct 04: Data shows Balrampur Chini, Dabur, Bata India, Reliance, Axis Bank and Manappuram Finance are few of the F&O stocks that saw short build-up on Thursday.
Derivatives market update for Oct 03: Dhupesh Dhameja of SAMCO Securities sees max pain for Nifty at 25,750 and Bank Nifty at 52,900 based on the existing options data.
Muthoot Finance, Manappuram Finance shares slipped after the RBI found several irregular practices being followed by gold loan financiers
Writes off NPAs worth Rs 71 crore in MFI biz
The company's consolidated net profit attributable to owners rose about 12 per cent to Rs 555 crore ($66 million) for the three months ended June 30
F&O stock watch: Shares of Mahindra & Mahindra and Shriram Finance face up to 15 per cent downside risk; whereas, Manappuram Finance and Sun Tv can potentially gain up to 13 per cent.