News for SMC Global Securities Limited (SMCGLOBAL.BO)

Stock market plunges as geopolitical tensions rise, with Sensex and Nifty dropping significantly due to profit-taking and border concerns.

Indian stock market plunges as India-Pakistan tensions rise, causing broad sell-off; analysts predict continued volatility.

Global economic uncertainty due to US tariffs drives gold prices up, with India seeing record highs amid demand surge.

The multibagger stock ended at Rs 13.9 a day before Coronavirus crash on March 20, 2020. It ended at Rs 371.55 in the current session, delivering multibagger returns of 2,563% returns during the period.

ITC shares were trading on a flat note at Rs 403.65 on BSE. Market cap of the firm stood at Rs 5.06 lakh crore.

It was widely anticipated that the RBI will deliver a rate cut and, hence, the market has not reacted much to the rate cut, said an analyst.

Stocks including Titan Company, Swiggy, Tata Power, Aadhar Housing, Whirlpool, Religare, Birla Corp & PC Jewellers and more will be in the spotlight on Wednesday, February 05.

A proposed solution is to implement a unified tax system, which combines the advantages of both the old and new tax regimes, would make compliance easier for taxpayers.

Despite the volatile market, Sensex and Nifty have delivered 8% - 10% returns in 2024. While the market outlook for 2025 seems volatile in the short term, it is expected to generate good returns by the end of 2025.

An analyst at Ashika Stock Broking said that The share price of Cipla has formed a higher base above the 200-day EMA, indicating a potential resumption of the uptrend.

Tata Steel share price today: The metal stock has corrected 7% in five sessions. The BSE metal index and Sensex have lost 4.47% and 3.55%, respectively during the period.

BSE shares rose 8% after Sebi announced new rules for the derivatives market benefitting BSE. From November 20, BSE will have more days to compete with NSE in weekly derivatives. The new framework aims to regulate futures and options trading better. Angel One shares also rose despite expected short-term impacts on earnings.

Geopolitical concerns following Iran's official entry into the war in the Middle East, with missile launches on Israel, has flared up tensions, sending crude prices soaring.

Kerala-based Tolins Tyres is selling its shares in the price band of Rs 215-230 apiece. Investors can apply for a minimum of 66 shares and its multiples thereafter.

Shares of Radico Khaitan settled at Rs 1846.60 on Friday, rising more nearly 5 per cent for the session, with total market capitalization at Rs 24,700 crore.

“After this extended consolidation phase, Asian Paints stock has recently demonstrated renewed bullish momentum by surpassing its 200-day DEMA and breaking through the key resistance level of 3050. Traders can buy for a target of Rs 3400 in the next 6-7 weeks,” Shitij Gandhi, Senior Technical Analyst, SMC Global Securities, said.

The Securities and Exchange Board of India (SEBI) on Tuesday evening proposed raising the minimum trading amount for index options by over three times, reducing the number of contracts expiring each week and hiking margins. Shares of Angel One, 5Paisa Capital, SMC Global Securities, Motilal Oswal, Geojit Financial, Dolat Algotech and IIFL Securities fell between 1%-5%.

Bengaluru BSE Sensex and Nifty 50 rise, with bank stocks gaining, while Nifty realty sector sees losses.

Indian shares fell on Monday as investors sold riskier assets after Iran's retaliatory attack on Israel over the weekend spurred fears of a wider regional conflict. The NSE Nifty 50 was...