News for SMC Global Securities Limited (SMCGLOBAL.NS)

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.

Nifty futures on the NSE International Exchange traded 213.35 points or 0.92 per cent down, at 22,417, hinting at a positive start for the domestic market on Wednesday.

Hexaware Technologies is selling its IPO in the price band of Rs 674-708 apiece, which could be applied for a minimum of 21 equity shares and its multiples to raise a total of Rs 8,750 crore.

Stock Market: The central bank is seen to cut rates after nearly five years, post the covid-19 pandemic in May 2020, to provide stimulus to its sluggish economy.

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.

Data shows that the NSE Nifty 50 index has declined in 13 out of the past 20 Januarys.

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.

Key financial announcements include dividend declarations by Reliance Industrial Infrastructure, Manappuram Finance, Indian Hotels, IndiaMart InterMesh, SMC Global Securities, Uno Minda, Home First Finance, Himadri Speciality Chemical, ICICI Lombard General Insurance, and JM Financial. Sharda Motor Industries approved a buyback, while Motilal Oswal announced a stock split.

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...

Sharing his views on investment trends, Shah shared that around 10 crore individuals are losing money while playing fantasy games, nearly 2 crore Indians have lost more than Rs 2 lakh crore in Ponzi schemes.

Wipro sells land, building for Rs 266.38 cr; Moody's upgrades Tata Steel rating; RIL seeks shareholders' nod to appoint Ambani siblings as directors; RBI imposes Rs 1.62 cr penalty on Bank; Arvog partners with Indian Bank; OFPL gets RDSO approval; Mankind Pharma starts commercial ops at Udaipur plant; RSWM's Lodha Unit commences commercial production; MCFL shuts down Ammonia, Urea plants; Birla Estates launches Phase 1 of Birla Trimaya; Sheela Foam raises Rs 1,200 cr via QIP; SMC Global, Ujjivan SFB partner for online trading; Choice Intl acquires 25 lakh shares of Choice Finserv; GR Infraprojects' ropeway bids annulled; Fortis Healthcare to buy 99.9% stake in Artistery; Welspun Corp to set up manufacturing unit in Telangana; RPP Infra wins 3 projects worth Rs 407.5 cr.

Stocks to watch: Check out the companies making headlines before the opening bell, on September 26, 2023.

Nifty futures on the Singapore Exchange quoted 16.50 points, or 0.09 per cent, higher at 18,452.50, hinting at a positive start for the domestic market on Monday.

Based on the open interest future percentage, 84 stocks saw a long build-up including GSPL, Bank Nifty, Bajaj Auto, ICICI Bank, and SBI.

Trends on SGX Nifty indicate a positive opening for the index in India with a 27 points gain.