Tata Capital IPO and ₹1,504 crore rights issue are set to reshape the financial market. Analysts predict a listing price of ₹500-700. IPO Listing expected by September 2025. Shares of listed entities that own stake in Tata Capital such as Tata Investment Corporation, Tata Consumer Products, Tata Chemicals, Tata Motors and Tata Power Company are in focus.
Life Insurance Corporation of India (LIC) reduced its stake in several NSE-listed companies in Q3 FY25, bringing its share by value down to 3.51% from 3.59% in Q2 FY25, according to primeinfobase.com, an initiative of the PRIME Database Group.Among the key stocks where LIC cut its holdings were Tata Power, Tata Chemicals, Voltas, Divi's Laboratories, CAMS, Coforge, and HPCL. Shift In Strategy
Tata Chemicals Europe announces a Rs 655 crore investment to build a pharmaceutical-grade baking soda plant in the UK by 2027. Learn about the plant's capacity, funding, and market impact.
Indian benchmark equity indices, Sensex and Nifty50, recorded their biggest single-day decline in nearly three weeks, dragged down by slowing corporate earnings and ongoing foreign selling.
Nifty50 and Sensex ended lower due to weak earnings and renewed profit-booking. Key resistance and support levels indicate heightened volatility, while mixed bullish and bearish signals show a rangebound market. High activity and varied interests are noticeable across different stocks, revealing a cautious market sentiment.
In the absence of any major triggers, market participants will focus on upcoming earnings for direction. In today's trade, shares of banking heavyweights HDFC Bank and Kotak Bank will be in focus following Q2 results.
Oct 17, 2024 / 01:00PM GMTOperator Ladies and gentlemen, good day, and welcome to the Q2 FY25 earnings conference call of Tata Chemicals Limited. (Operator Inst
Buzzing Stocks Today, Stocks that will see action today: 17 October 2024 - Infosys, Wipro, Axis Bank, Nestle India, LTIMindtree, Tata Chemicals, Tata Communications, Ceat, Havells India, Jindal Stainless, Central Bank of India, Indian Overseas Bank, Dhanlaxmi Bank, Polycab India, Reliance Industries, RVNL, Welspun Corp, Oberoi Realty, Cochin Shipyard, Titagarh Rail, Bikini Foods
The short-term trend of Nifty continues to be choppy and the market is now placed within a broader range of 25,200-24,900 levels. A decisive move above 25,200 levels could open the next upside of around 25,500-25,600 levels in the near term. Immediate support is placed at 24,900 levels, said Nagaraj Shetti of HDFC Securities.
Support for Nifty is now seen at 24,950-25,000 and 24,750. On the higher side, immediate resistance is at 25,100 levels and the next resistance zone is at 25,250-275 levels, Tejas Shah of JM Financial & BlinkX.
Indian indices closed slightly higher on Thursday, with financial stocks gaining and IT shares declining. However, higher-than-expected US inflation data may negatively impact Friday's trade. Analysts predict a sideways trend with support at 24,950-24,900 and resistance at 25,150-25,400.
Equity benchmark indices Sensex and Nifty settled higher on Thursday, powered by a rally in banking and power stocks amid a largely firm trend in global markets.
The stock markets mostly traded range-bound in the absence of any major trigger and persistent foreign capital outflows, traders said.
The 30-share BSE Sensex rose 144.31 points, or 0.18 per cent, to settle at 81,611.41.
Derivatives market update for Sept 18: Foreign investors continue to hold bullish bets in Nifty, Bank Nifty; while retail investors have increased short positions. Here's what experts have to say: F&O insights
Derivatives market update for Sept 05: The Put-Call Ratio dropped from 0.96 to 0.82, reinforcing the dominance of call writers and a cautionary trend; 25,150 remains a key level for the Nifty, says Dh