Sensex, Nifty may open with gains; here’s all you need to know before opening bell today

Asian markets were largely in the green except for Shanghai Composite, which was trading with losses. Sensex and Nifty are now on a three-day winning streak and have recouped most of the losses registered on October 15. Although domestic benchmark indices closed lower from yesterday’s highs but they still managed to gain and continue the […]

Market HIGHLIGHTS: Sensex ends up for 3rd straight day, Nifty ends below 11,900; HCL Tech, HDFC Bank lead

We maintain REDUCE on L&T Tech (LTTS), as valuations more than adequately factor in the recovery curve. 2Q print was slightly ahead of estimates, and the growth rebound (despite 3Q furlough uncertainty) is supported by a pick-up in deal activity (deal pipeline and wins higher by ~16% over the previous quarter). While LTTS has a […]

Sensex, Nifty to gain or will bears return to Dalal Street? Key things to know before opening bell

Domestic benchmark indices clocked the second day of gains on Monday as equity markets followed their global peers and moved higher. S&P BSE Sensex ended Monday’s trading session 448.62 points or 1.12% higher while the 50-stock Nifty 110 points to close at 11,873 mark. “A small body of negative candle was formed with gap up […]

Equitas Small Finance Bank IPO opens Oct 20: Check grey market trend; should you subscribe?

The investors in primary market have turned cautious after the underperformance of recent IPOs. The Rs 518-crore Equitas Small Finance Bank initial public offer (IPO) will open for subscription on Tuesday, October 20, 2020. The company has fixed a price band of Rs 32-33 per share and the issue will close for subscription on October […]

market outlook: Q2 earnings, FII flows among key factors that will guide market this week

NEW DELHI: Even after closing in the green for four out of the last five sessions, benchmark indices closed over a per cent lower for the entire week. Analysts suggest investors should wait for further correction before buying stocks again. Inflow of foreign funds continued with heavy buying seen in IT, banks and financial stocks […]

Likhitha Infrastructure lists at a premium of 8.4% on debut

Shares of Likhitha Infrastructure Ltd made a firm debut on bourses on Thursday. They listed at Rs130 per share on the BSE, an 8.41% premium against the issue price of Rs120 per share. At 10.45 am, Likhitha Infrastructure was trading at Rs136.60, up 13.83% from its issue price, while the benchmark index, Sensex, fell 0.42% […]

Equitas Small Finance Bank IPO opens next week; check price band, lot size, other details

The listing is aimed to help the lender follow the Reserve Bank of India’s guidelines for banks, which mandates them to list equity shares on the stock exchanges within three years from the date of commencement of business. Adding to the list of initial public offerings (IPO) in recent months, Equitas Small Finance Bank today […]

Angel Broking, Chemcon Speciality, Happiest Minds hit new lows since debut

Shares of the three recently listed companies – Angel Broking, Chemcon Speciality Chemicals and Happiest Minds Technologies – hit their respective new lows since listing on the bourses in the intra-day deals on Friday. Individually, Chemcon Speciality Chemicals slipped 5 per cent to Rs 398.65 on the BSE today. The stock […]

Nifty: Market Watch: Where is Nifty headed towards this earnings season

Welcome to ETMarkets Watch, the show about stocks, market trends and money-making ideas. I am Atul P. M and here are the top headlines at this hour. RBI to announce monetary policy on October 9 Your jobs, increments, bonuses are secure: Aditya Puri tells HDFC Bank employees Axis Bank joins top private banks to offer […]