The Indian rupee is nearing its record low, with the central bank’s intervention crucial to prevent a further slide. Bond traders also anticipate continued RBI support to manage yields. Meanwhile, global markets await U.S. Federal Reserve signals on interest rates, while domestic IPOs could influence portfolio flows. Investors are closely watching these developments.Read More
Investors have a final chance today, November 3, to buy shares in Coal India, Mazagon Dock Shipbuilders, and RailTel Corporation of India. These public sector undertakings are offering interim dividends. Shares will trade ex-dividend from November 4. Other companies like Bhansali Engineering Polymers, Happiest Minds Technologies, and Sundram Fasteners also go ex-dividend on November 4.Read More
Jayesh Logistics is making its stock market debut on the NSE SME platform. The company’s Rs 29-crore IPO saw strong subscription rates, indicating potential listing gains. Jayesh Logistics offers end-to-end logistics services, focusing on the India-Nepal corridor. The company has shown significant financial growth and plans to expand its operations.Read More
Investors who applied for Orkla India’s ₹1,667 crore IPO can check their allotment status today as the company finalises share allocations. The IPO, subscribed 48.74 times overall, saw strong institutional demand. Shares will be credited on November 4 and listed on November 6, with a grey market premium of 13%, indicating potential listing gains of...Read More
A 5-year swing high represents the highest price a stock has reached within a five-year timeframe. This level acts as a significant resistance point where the price has historically struggled to go beyond.Read More
The group agreed to a modest output increase for December, but will pause further increments in the subsequent months. Analysts remain cautious due to supply uncertainties and anticipated demand softness.Read More
Gold prices declined on Monday, influenced by a stronger dollar and reduced expectations for Federal Reserve rate cuts following hawkish remarks from Chair Jerome Powell. Easing U.S.-China trade tensions also contributed to the downward pressure on bullion, which has seen a significant year-to-date gain but a recent pullback.Read More
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