Stock Traders

Govt bond yields steady, benchmark holds above 6.85% as traders await data

Fed Chair Jerome Powell had last week delivered his strongest signal that interest rates will come down in September

Oriental Carbon stock up over 50% in July; what's leading the bull charge?

A combined 1.58 million shares changed hands in trade on Monday, July 15, and there were pending buy orders for 180,000 shares on the NSE and BSE, data showed

Elon Musk, Morgan Stanley 'hid' Twitter stock buying, suit says: Report

An Oklahoma public pension fund claims Musk's delay in disclosing his ownership of more than 5% of the social media company artificially kept its share price down

Indian govt bond yields seen steady as traders await fresh triggers

Bond yields have eased over the last few sessions, after the Reserve Bank of India's board last week approved the transfer of a record 2.11 trillion rupees as surplus to the government

ICICI Direct faces user outrage after multiple trading platform delays

Trading platform ICICI Direct with 1.8 million active users, resumed trading at 10:20 after multiple delays

Investors unwinding from strategy of 'buy India, sell China' stocks trade

The nascent swing highlights how funds are starting to buy into the narrative that China's policy support will be enough to revive growth

Foreign portfolio investors infuse Rs 18,500 cr in debt market in Feb

Foreign Portfolio Investors (FPIs) continued their bullish stance on the country's debt markets with a net infusion of over Rs 18,500 crore so far this month, driven by upcoming inclusion of Indian government bonds in the JP Morgan Index. This came following a net investment of over Rs 19,836 crore in January, making it the highest monthly inflow in more than six years. This was the highest inflow since June 2017, when they infused Rs 25,685 crore. "With introduction of India in global bond indices this year, Indian debt inflows should get steady flows going ahead. Also, further front-loading before actual inclusion in June this year is also expected. This is also in line with long-term aim to deepen our underdeveloped debt-markets," Kislay Upadhyay, smallcase Manager & Founder Fidelfolio, said. On the other hand, foreign investors pulled out Rs 424 crore from equities during the period under review. Before this, they withdrew a massive Rs 25,743 crore in January, data with the ..

Zerodha users face service disruption for third time in 3 months

Zerodha users encounter difficulties with account access and order placement, highlighting ongoing glitches; the company says that the problem has been resolved

Bank Nifty, Financial Services Indices: Plan to enter near support areas

According to Ravi Nathani, an independent technical analyst, anticipated support levels on charts for Bank Nifty are identified around 44,600, 43,500, and 42,900.

Brokers target March-end timeline for offering UPI block facility

Experts said that the facility will offer a competitive edge to brokers leading to larger adoption over time

Hong Kong cuts taxes for foreign home buyers, traders for global status

Hong Kong's leader on Wednesday cut taxes for some homebuyers and stock traders to boost markets as the city seeks to maintain its reputation as a global financial hub. Chief Executive John Lee said the extra stamp duties imposed on non-resident buyers and current local homeowners looking to buy additional properties would be halved, making the first easing over the past decade since property cooling measures were introduced. In his annual policy address, Lee also unveiled plans to reduce stamp duty on stock transactions to 0.1% from 0.13%, saying a vibrant stock market is vital to upholding the city's status as a financial hub. After the easing of COVID-19 restrictions, Hong Kong's economy has begun to recover, fuelled by growth in tourism and private consumption. The city's economy expanded 2.2% in the first half of 2023 year-on-year and is expected to grow between 4% and 5% for the full year. However, the path to full recovery remains uneven, particularly with geopolitics tensio

Govt may relook at allowing Indian companies to list overseas: FM

Under current regulations, Indian firms are not allowed to list directly on overseas exchanges. They can only list on foreign exchanges through instruments such as depository receipts

Jio Financial hit upper circuit limit for 3rd straight trading session

Shares of Jio Financial Services Ltd (JFSL), the demerged financial services unit of Reliance Industries, on Wednesday touched its upper circuit limit for the third consecutive day. Jio Financial Services jumped by 4.99 per cent to close at Rs 232.70 apiece -- its upper circuit limit -- on the BSE. On the NSE, it climbed 4.99 per cent to hit its upper circuit limit of Rs 231.25 per share. The company commanded a market valuation of Rs 1,47,840.92 crore on the BSE. In volume terms, 72.41 lakh shares were traded on the BSE while 2.14 crore shares were traded on the NSE. The 30-share BSE Sensex and Nifty closed on a flat note at 65,087.25 points and 19,347.45 points, respectively, on Wednesday. During the Annual General Meeting (AGM) on Monday, Reliance Industries Chairman Mukesh Ambani announced that Jio Financial Services will enter the insurance segment to offer life, general and health insurance products. It will leverage 450 million mobile phone subscribers' base of the teleco

HDFC Bank, Uflex among 5 oversold stocks you should avoid accumulating

The trend among stocks in oversold regions remains highly fragile and could see more downside ahead

LIVE: Terrorists attack convoy of Chinese workers in Pakistan's Balochistan

Catch all the latest updates from across the globe here

Stocks to Watch today, July 5: LTIMindtree, Bandhan Bk, Lupin, Adani Power

Stocks to Watch on Wednesday, July 5: LTIMindtree will replace HDFC in the benchmark Nifty50 index, while LIC Housing Finance will likely replace it in the Nifty Financial Services index

Nifty could enter corrective phase; sell rallies with stop loss at 18,500

A stoploss of 18,500 will help limit potential losses in case the index moves against the anticipated correction

FPIs bring in Rs 30,945 cr in May on strong economic fundamentals

Foreign investors have put in Rs 30,945 crore in the Indian equities in May so far, driven by strong macroeconomic fundamentals, prospect of reducing interest rates, positive earnings outlook and falling valuations of stocks. With this, net inflows by Foreign Portfolio Investors (FPIs) reached Rs 16,365 crore in 2023 so far, data available with the depositories showed. Going forward, FPI investment in India is expected to continue since the prospects for the Indian economy and corporate earnings growth appear bright now, VK Vijayakumar, Chief Investment Strategist at Geojit Financial Services, said. According to data from the depositories, FPIs invested a net sum of Rs 30,945 crore in Indian equities during May 2 - May 19. This came following a net infusion of Rs 11,630 crore in equities in April and Rs 7,936 crore in March. The March investment was mainly driven by bulk investment in the Adani Group companies by the US-based GQG Partners. However, if one adjusts for the investmen

NSE lifts lid on dabba trading, tippers, issues warnings to 24 platforms

Over the last year, NSE has been examining information or tips received about unauthorised or illegal activities such as collection of deposits assuring fixed or guaranteed returns

These realty stocks can rally up to 12% once index conquers 200-DMA

If Nifty realty index succeeds to break through its 200-DMA, technically the bullish push may trigger further upside in realty stocks.