SEBI alleges that Jane Street manipulated key Indian indices using high-frequency trades to book massive profits from index options.
Reasonable valuations, good monsoons make sugar stocks having large ethanol production capacity buy picks for next few weeks ahead.
Ahead of the block deal, shares of Five Star Business Finance, which has a market capitalisation of nearly Rs 23,700 crore, closed 5 percent higher at Rs 812.2 during Wednesday’s trading session
The company plans to raise Rs 3,000 crore through a fresh issue of shares and an OFS of up to 32 lakh equity shares.
The RSI on the monthly chart is in an overbought zone, signaling potential selling momentum in the medium term
The base deal size is approximately $200 million at the floor price, with an option to upsize.
Merchant bankers attribute the higher fee to the higher efforts needed to market digital companies as most are loss-making.
Bankers rake in more fees in eight months this year compared to FY23
The market trend remains positive after this surge, forming a healthy bullish candle on both daily and weekly charts.
Significant unwinding has occurred at the 1,800 call strike, and the next highest call OI is now at the 1,900 level for Kotak Mahindra Bank.
The unwinding of call writing bets fueled the market rally in the last hour. The sudden surge, driven by short-covering on Nifty's expiry day, pushed the index to a record high above 25,400.
Titan stock is currently trading above its short- and long-term moving averages.
Options data shows the highest put writing for Nifty at 25,000, with 24,900 levels acting as a crucial support zone
United Spirits stock has shown a strong price-volume breakout on the daily charts and continues to trade above breakout zones in recent market movements.
Japan's allocations to Indian capital goods stocks have seen a sharp rise.
Stock futures rollovers for the September series were at 92 percent, consistent with the average rollovers of the last three series. Here are 5 stocks to watch for breakout.
Nifty may continue its uptrend in the near term as long as it holds above 25,000. However, stocks have seen rollovers below their averages, which is a sign of caution, said experts.
Bajaj Finserv is trading above its short- and long-term moving averages, which are in a rising trajectory.
The September 2024 series begins with 2.23 million shares, down from 2.41 million shares in the previous series.
'A close above 25,000 in tomorrow's expiry could set a bullish tone for the next expiry,' said an expert.
There is significant put writing at the 400 strike price, which is expected to provide strong support for HindPetro.
The relative strength index is at 61, indicating possibility more room for potential gains, said technical analyst..
The IPO comprises of a fresh issue of equity shares worth Rs 185 crore and an offer for sale of up to 1.68 crore shares.
Nifty's short-term support is positioned between 23,950 and 24,000.
The Rs 600 Crore IPO opens for subscription on monday August 19.