Lok Sabha 2019 election result, which is slated to be declared tomorrow (May 23), will continue to sway investor sentiment on Wednesday.
The state-owned bank is also anticipated to report over 70 per cent jump in net profit or profit after tax (PAT) on quarter-on-quarter (q-o-q) basis, as per analysts' estimates
Nifty outlook and top trading ideas by Vinay Rajani - Technical Analyst, HDFC Securities.
Earlier this month, the tribunal had allowed an interim stay on the order passed by Sebi barring the brokerage from accessing the markets
The Sensex ended 383 points, or 0.97 per cent, lower at 38,970, while the Nifty50 index declined 119 points
Holdings in PSU banks, utilities, NBFCs, oil & gas, autos, chemicals, and infrastructure moderated during the month
Further correction in stock could present a buying opportunity
Currently, it takes 26 days from the notice of the board meeting to the opening of the rights issue
Traders are buying 'calls' of much higher levels and selling 'puts' to maximise their gains
Fund houses have been barred from being net sellers or holding net short positions at the scheme level in commodities
OPG had requested the tribunal to allow it to deposit Rs 99 lakh in cash and the balance amount of Rs 6.51 crore by way of securities
Currently, it takes 26 days from the notice of the board meeting to the opening of the rights issue
On April 30, Sebi had passed multiple orders against NSE and some of its current and former staff for lapses at its co-lo facility that allowed preferential access to certain brokers
All the sectoral indices ended the day in red, with Nifty Auto and Nifty Media taking the biggest hits, down 2.52 per cent and 2.32 per cent, respectively
All that happened in the markets today
Daily arrivals in the key markets have fallen to a combined 1,500-3,000 bags this month, from 8,000-12,000 bags at this time a year before
The management said the industry outlook is not going to be anything different in the short-term due to multiple uncertainties.
Rejects OPG plea to deposit Rs 99 lakh of a total Rs 7.5 cr with Sebi in cash, and the rest in securities; gives firm till May 30 to deposit in cash or PSU bank guarantee
The company reported 55 per cent YoY jump in its net profit at Rs 150 crore in March quarter.
During periods of high volatility, the best opportunities are offered in the options segment. Fortunately, the election result is falling on the day of weekly expiry; one can take maximum advantage