Markets@moneycontrol

Live: Suraj Estate Developers' ₹400 Cr IPO to open on Dec 18 | IPO Watch

Suraj Estate Developers' initial public issue share sale will open for subscription on December 18 and conclude on December 20, 2023. The company's IPO is entirely a fresh issuance of equity shares worth ₹400 crore. The company plans to use the IPO proceeds towards repayment of debt. Catch Nickey Mirchandani in conversation with Mr. Rajan Thomas, CMD & Mr. Rahul Thomas, Director of Suraj Estate Developers'.

Live: Early Santa Claus rally on D-Street? | INOX IPO opens for subscription | Opening Bell

Indian benchmark equity indices, Sensex and Nifty 50, are expected to open higher on Thursday following gains in global markets after the US Federal Reserve kept the key interest rates unchanged and foresees three rate cuts next year. Jerome Powell's dovish commentary to make the bulls regain their lost vigor. Stocks to watch out for include- IRCTC, Fusion MicroFinance and Sunteck Realty. From primary markets, Inox India, a manufacturer of cryogenic storage tanks, will launch the primary market with its initial public offering (IPO) to raise Rs.1,459 crore on December 14th. Catch @onlynickey with Chandan Taparia ,Senior Vice President, Head - Derivatives & Technical Research , Motilal Oswal and Andrew Holland, CEO of Avendus Capital Public Markets Alternate Strategies LLP.

Live: Indian shares may get a positive start; FOMC meet eyed | Opening Bell

Dalal Street looks for a positive start after taking a breather in the previous session. Though major moves aren't expected ahead of FOMC meet. The Fed takes center stage on Wednesday, where it is due to announce its rate decision at the conclusion of its two-day policy meeting. Market expectations are for policymakers to keep rates on hold, unfazed by a reading on U.S. inflation that came in largely in line with consensus. In today’s session, Banks stocks like Axis Bank and Indian Bank will be in focus; ITC analyst meet amongst other things. In Primary markets, two IPOS open for subscription i.e DOMS Industries and India Shelter Finance Corporation. Catch Moneycontrol's Nickey Mirchandani with Rajesh Palviya, Senior Vice President at Axis Securities and Gaurang Shah, Senior Vice President, Geojit Financial Services. #stockmarkets #openingbell #nifty50 #DowJones #StocksInFocus #GIFTNifty #StockToWatch #StockMarketindia #Nifty #BREAKOUTSTOCKS #FOMC #IPOAlert

Live: Sensex hits 70,000, new closing high for Nifty; Dr Reddy’s, HPCL in focus| Closing Bell

Sensex hits 70,000 milestone; Nifty ends around 21,000. Nifty Bank hits fresh high in intra-day trade. Mid & smallcap indices buoyant, market breadth positive Banks, FMCG & realty among top Sectoral gainers. Barring pharma all sectors ended ch the day in the green. Catch Nandita Khemka and Yatin Motas as they discuss stocks on their radar including HPCL & Dr Reddy’s..

IPO Watch: INOX India’s ₹1459 Cr IPO to open on Dec 14 | Price band fixed at ₹627-660/share

The initial public offering, which comprises only an offer-for-sale of 2.21 crore equity shares, will open for subscription on December 14, a day after launch of the public issues of Doms Industries and India Shelter Finance Corporation. The anchor book of the offer will open for a day on December 13, while the last day for subscription to the IPO will be December 18.

Live: Nifty to consolidate after positing best winning streak since 2020 | Opening Bell

Nifty might not witness any major moves in today’s trading session after scaling best stretch of weekly gains in nearly three years. All eyes will be now on FOMC meeting to provide further direction to D-Street. Investors widely expect the FOMC (Federal Open Market Committee) to hold interest rates steady at its meeting. The FOMC interest rate decision will be announced on December 13. In today’s session, Real estate stocks will be in focus after Oberoi Realty gets a downgrade from Morgan Stanley; Tata Motors’ plan to hike CV prices, GQG entry in GMR infra and Softbank’s exit from Zomato amongst other things. Seven IPOs will be hitting the main board and SME segment this week; raising a whopping Rs 3,000-3,500 crore. From mainboard, Doms Industries, India Shelter Finance, Cryogenic storage tanks manufacturer Inox India brace for the rush. In SME Segment, the name includes, Presstonic, S J Logistics, Shree OSFM, Siyaram and Microcrystalline cellulose maker Accent Microcell. Catch Moneycontrol's Nickey Mirchandani with Prashant Sawant, Founder Catalyst Wealth and Anirudh Garg Partner and Head of Research at Invasset, PMS.

Live: Nifty scales 21,000 as it clocks 6th week of gains; Bank index up 5% this week| Closing Bell

Nifty cools off after scaling 21,000 . Nifty Bank steady around 47,000 RBI keeps Repo rate unchanged at 6.5%, stance unchanged. RBI revises FY24 GDP revised by 50 bps to 7%. FY24 inflation forecast unchanged at 5.4%. Mid & Smallcaps cool off after hitting record. Catch Nandita Khemka in conversation with Vinit Bolinjkar, Head of Research, Ventura Securities..

Live: Markets set for best weekly run in 3 years; to clock 6th straight week of gain | Opening Bell

Markets likely to consolidate on Friday ahead of RBI's monetary policy decision due later in the day. Overnight, US stocks closed higher with decent gains. Asian peers edge lower, Gift Nifty indicates a flat Start and RBI Monetary Policy Would Set The Tone for the markets. The RBI in its last review before Budget 2024 is expected to go for status quo at a time when concerns over high interest rates impacting economic growth have tapered with Q2GDP growth coming in at a robust 7.6%. In today’s session, stocks that will continue to be in focus will be sugar stocks after the previous few sessions’ sell-off, followed by IRCON, Titagarh Rail, IIFL Securities, Five Star Business Finance amongst others. Catch Moneycontrol's Nickey Mirchandani with Aamar Deo Singh Sr. Vice President Angelone and Rahul Arora, CEO, Nirmal Bang.

Live: Nifty snaps seven-day upmove, Midcaps outperform, Paytm crashes| Closing Bell

Nifty trades marginally lower; stays above 20,900. Mid & smallcaps outperform; breadth positive. Autos, PSU Banks, pharma among sectoral gainers. FMCG, metals among top sectoral losers. Catch Nandita Khemka in conversation with Kunal Rambhia—Fund Manager, The Streets.

Live: Markets consolidate: Nifty slips below 20,900 mark | Opening Bell

Indian stock markets set to open at fresh record highs for a fourth session in a row on Thursday, after the U.S. economic data kept intact the expectations of a U.S. Federal Reserve rate cut by March 2024 and as oil prices dropped. Things to watch out would include weekly options expiry, oil prices after Brent slips below $ 75/ barrel mark and FM's comments at CII event. In today’s session, Govt's divestment in IRCON, Warburg Pincus' Stake Sale in IDFC First Bank and Bharti Airtel, Brokerage downgrade on Paytm, price hike by M&M and sugar stocks will be in focus as govt steps in to check prices. Catch Moneycontrol's Nickey Mirchandani in conversation with Ruchit Jain, Lead Research Analyst at 5Paisa and Pankaj Pandey, Head Retail Research ICICIDIRECT.

Live: Nifty breezes past 20,800; Adani stocks on fire| HCL Tech, NMDC in focus| Closing Bell

Nifty makes new high; 6th day of gains. Nifty marching towards 20,900 Nifty Bank hits 47,000 for the first time. Mid & smallcaps hit fresh high. Banks & metals top sectoral movers. Catch Nandita Khemka and Santosh Nair as they discuss stocks on their radar including HCL Tech and NMDC.

Nifty surges to new highs as state election results boost market momentum| Closing Bell

Nifty hits new high as it conquers 20,700 first time ever. Nifty Bank hits record high. Banks, realty & energy stocks top sectoral movers. Adani Group stocks on a tear; stocks rally between 6-8%. BJP clean sweep in Hindi Heartland fuels near 400-point Nifty surge. 1,200-point Sensex rally powered by Saffron surge in Hindi hinterland. Catch Yatin Mota and Nandita Khemka in conversation with Deven Choksey, MD, DRChoksey FinServ Pvt Ltd..

LIVE: Nifty hits fresh high amid exit polls & GDP cheer; Will the momentum sustain? | Closing Bell

Nifty hits new high on GDP boost, FII buying. Time for caution as stocks surge to record high? Pockets of value at record high. Consolidation ahead after lifetime highs? Will the momentum sustain on D-street? Catch Nandita Khemka in conversation with Aishvarya Dadheech-- Founder & CIO, Fident Asset Management.

LIVE: Protean eGov Technologies’ Q2 profit up 38.8% | Margins hold steady

Protean eGov Tech reports 32.6% YoY jump in revenues at Rs 235.7 cr. Margins stood at 15.5% vs 16.5% for September Quarter. Protean IPO was overall subscribed 23.86x but listed at par with issue price. Moneycontrol’s Nickey Mirchandani speaks with Mr. Suresh Sethi, MD & CEO, Protean eGov Technologies on Earnings Express

Live: Nifty ends November F&O series above 20,000; Tata Tech soars| Metro brands, HAL in focus

Nifty rebounds from day’s low ahead of Q2 GDP and exit polls. The advance-decline ratio in favour of gainers. Mid & smallcaps show strength. Nifty Bank snaps 4-day up move, but comes off day’s low. Pharma, realty & autos top sectoral gainers. Catch Nandita Khemka and Yatin Mota as they discuss stocks on their radar including Metro Brands and HAL.

Live: Nifty reclaims 20k first time since September| Tata Motors, Manappuram in focus| Closing Bell

Nifty around 20,100 amid all-round buying. Nifty midcap index hits a fresh high. IT, banks and autos among top sectoral gainers. Barring realty, all sectors are in the green. Catch Nandita Khemka and Yatin Mota as they discuss stocks on their radar including Tata Motors and Manappuram.

Live: Nifty clocks fourth week of gains; LIC, GIC & new India assurance shares soar | Closing Bell

Nifty clocks fourth week of gains.

Live: Nifty pares losses amid strength in IT stocks; Tata Investment & NMDC in focus | Closing Bell

Nifty gives up 19,700 amid volatile trade. Midcaps hold out; smallcaps give up gains. IT top gainer; PSU banks eke out gains. Autos, metals & FMCG under pressure. Catch Nandita Khemka and Yatin Mota as they discuss stocks on their radar including Tata Investment and NDMC.

Live: Nifty around 19,750 despite weakness in banks| NBFCs, Delhivery in focus|Closing Bell

Nifty around 19,750; ends the week with gains. NSE advance-decline ratio at almost 1:1. Broader markets hold out; both mid and smallcaps gain. RBI tightens consumer loan norms; Nifty Bank down over a percent. PSU Bank Index down over 2% RBI ups risk weight on consumer loans to 125% from 100%. Catch Yatin Mota and Nandita Khemka as they discuss stocks on their radar, including TVS Motor and Asian Paints.

LIVE: Indian shares set to open higher on US rate hopes, lower oil prices| Delhivery In Focus |Opening Bell

Indian shares are set to open higher on Friday and extend gains to a third consecutive week, helped by hopes of the U.S. Federal Reserve ending rate hikes and lower crude oil prices. Stocks to watch out for include Delhivery, TVS Motors Company and JSW Steel amongst others. Catch Santosh Nair in discussion with Jay Thakkar, Head - Alternate Research, Capital Market Strategy, Sharekhan by BNP and Sandip Agarwal, Fund Manager , Sowilo Investment Managers

Market Live: Stocks to watch out for in Samvat 2080 | Closing Bell

Nifty rebounds from day's low to hover around 19,450 .Banks off day's low; Metals and pharma top gainers. Broader markets continue to outperform. Catch Nandita Khemka in conversation with Gaurav Bissa, VP, Incred Equities as they discuss about stocks on their radar including ITC and L&T. Catch Nandita Khemka live on Closing Bell

Live: Nifty Hovers Around 19,400 In Rangebound Session; MTAR TECH In Focus| Closing Bell

Nifty hovers around 19,400 in rangebound session. Midcaps clutch on to gains; smallcaps slip. NSE advance-decline ratio at 1:2. Realty top sectoral mover; Autos, pharma among other gainers. FMCG & IT, metals among laggards today. Catch Nandita Khemka in conversation with Aamar Deo Singh, Sr. Vice President at AngelOne as they discuss stocks on their including MTAR TECH & M&M

LIVE: Indices trade higher; Nifty ends below 19,250; Apollo hospital & Tata Motors in focus| Closing Bell

Indian stock markets followed the overnight stock market rally in the US and ended around 0.45% higher with all sectors contributing to the rally on Friday. Realty and Media jumped the most, while heavyweights like Bank and IT gained around half a per cent. Catch Yatin Mota as he discusses stocks on his radar including Apollo and Tata Motors

LIVE: ESAF small finance bank IPO opens today | Boasts of AUM CAGR of 39% highest among peers

IPO of ESAF Small Finance Bank will open for subscription from 3rd till 7th November. The IPO comprises a fresh equity issue of Rs 391 crore and an offer for sale (OFS) of Rs 72 crore, aggregating up to Rs 463 crore. PNB MetLife and Bajaj Allianz Life will be looking to sell their stake.The lender has fixed a price band of Rs 57-60 per equity share for the IPO. Moneycontrol's Nickey Mirchandani speaks with Kadambelil Paul Thomas, MD & CEO and Gireesh C.P., CFO about the upcoming IPO