markets

August 18, 2022 01:46 PM IST

Syrma SGS Technology IPO closes today | Issue subscribed 32.61 times, QIBs portion booked 87.56 times

The portion reserved for qualified institutional investors was subscribed 11.62 times, while the quota set aside for non-institutional investors was subscribed 10 times.

RBI opens discussion on MDR charges; clouds gather over SBI Card

Though analysts believe there may not be any immediate concern, the market gave the stock a thumbs down

Commodity Live: Gold, Silver prices fall to 2 week low; Is it a good time to buy?

Gold and silver prices fall to a 2-week low. Is it a good time to buy as India enters festivities? Find out with Karunya Rao and Manisha Gupta

Safari – Taking off in style

Structural positives at play for Safari, earnings trajectory looks strong

India at 75 – hits & misses, a perspective by Manish Chokhani

There's no reason to doubt that India will give a 15 percent compounded return, and a $5,000 per capita at the end of a decade from today

Gold prices today: Yellow metal to edge lower following FOMC minutes, global growth worries

Today's trend in bullion may remain down and any rise in prices may witness selling pressure. Gold has resistance at Rs 52000 and support at Rs 51000, said Nirpendra Yadav, Senior Commodity Research Analyst at Swastika Investmart.

Indian rupee falls 23 paise to 79.68 against US dollar in early trade

At the interbank foreign exchange, the rupee opened at 79.60 against the US dollar, then fell to 79.68, registering a decline of 23 paise over the last close.

Can privatisation crowd out net real investment?

Privatisation can ‘crowd out’ new or greenfield investment, as there is no new physical capital being created

Stock Market Live: Tide may be turning for IT shares, should you log in? | Markets with Santo & CJ

Is it time to start looking at IT stocks again? Sector cheerleader CJ agrees with CLSA's bullish view, but Santo feels it is too soon to get excited considering the looming slowdown in the US. Also, watch the duo spar on CESC, KPIT, Sona BLW and Kirloskar Oil Engines

Chart of the Day: Fears of stagflation haven’t gone away

Trade Spotlight | What should you do with Zee Entertainment Enterprises, Hikal, ICICI Securities on Thursday?

Hikal share price clocked 9.2 percent gains at Rs 322.35, continuing uptrend for fourth straight day, and formed strong bullish candlestick pattern on the daily charts for second consecutive session. In fact, it has broken long down sloping resistance trend line adjoining September 16, 2021 and May 6, 2022.

Cash Market |   A cup and handle formation in Indian Hume Pipe

A bull sash candle appearance near the breakout, and a strong RSI indicates a bullish breakout in Indian Hume Pipe

Oil edges off low as strong export demand drains US crude stocks

U.S. crude stocks fell by 7.1 million barrels in the week to Aug. 12 to 425 million barrels, Energy Information Administration (EIA) data showed, compared with analysts’ forecasts for a 275,000-barrel drop in a Reuters poll.

Gold gains as dollar, yields retreat after Fed minutes

Spot gold was up 0.3% at $1,765.89 per ounce, as of 0055 GMT, after falling to a two-week low of $1,753.97 in the previous session.

Cash Market | Hero Moto Corp is breaking out of a massive inverse Head and Shoulder pattern

A golden cross is seen recently in Hero Moto Corp

Options Trade | A non-directional options strategy in Tata Steel

Tata Steel is expected to remain sideways within our range. An Iron Condor trade to capitalise

Currency Options | A low-risk and high probability options strategy in currency pair USDINR

USDINR is expected to remain sideways within our range. A Double Butterfly (Asymmetrical) trade to capitalise on a sideways trend

Cash Market | Sterling Tools back in a buy zone

Sterling Tools has corrected significantly and is near its support

Commodity Futures | A Double Top breakdown and close below 61 EMA in Gold Mini

Two consecutive bear sash candles formed in the daily time frame chart indicate further fall can be anticipated in Gold Mini

Stock Market Live: Should mutual fund investors bet on NFOs? | Natco Pharma, ONGC, Sona BLW in focus

Europe markets retreated yesterday, having struggled to build positive momentum so far this week. Stoxx 600 slipped 0.5% by early afternoon, having given up earlier gains. Dax shed nearly 2%, while CAC ended over a percent lower. Stocks in the spotlight today – Natco Pharma, ONGC, Craftsman Automation. As several new NFOs hit the street, we decode if mutual fund investors should bet on them.

Closing Bell: Nifty erases losses to end flat at 17,956, Sensex gains 38 points after a volatile trading session

Stock Market Live updates: Buying was seen in realty, FMCG, power and banking names.

Hot Stocks | Here is why you should bet on NTPC, Ambuja Cements in short term?

NTPC witnessed an Inverted Head & Shoulder pattern breakout on August 17 which was placed above Rs 159 levels on the daily time frame. The stock has closed above its neck line support which is an additional confirmation for the pattern.

Stocks to Watch Today | ONGC, Infibeam Avenues, GAIL India, and others in news today

Stocks to Watch: Check out the companies making headlines before the opening bell.

Stock Market Today: Top 10 things to know before the market opens today

Stock Market News: Trends in SGX Nifty indicate a negative opening for the broader index in India with a loss of 16 points.

Wall Street ends down, but indexes briefly cut losses after Fed minutes

Major indexes sharply cut their losses after the release of the minutes, with the Dow briefly turning positive, before they returned to earlier lower levels.