News for Tata Elxsi Limited (TATAELXSI.NS)

Starting February 28, 2025, 16 stocks including United Breweries and PVR Inox will exit the derivatives segment, trading only in the cash market. February 27 is the last day to trade their F&O contracts. The exclusion follows the December 20 announcement by NSE.

The stock quoted a 52-week high price of Rs 9082.90 and low of Rs 5924.00.

Indian markets closed lower due to selling in financial, energy sectors, and concerns over rising crude prices and a strong dollar. IT stocks like TCS showed resilience. US and European markets also faced declines due to inflation concerns after strong jobs data. Market sentiment remains bearish, with potential further declines for Nifty.

In the Nifty 50 index, 19 stocks were trading in the green, while 31 stocks were trading in the red.

Atlas Cycles, Indo Thai Sec, IRIS Business Services, Power & Instrument and Lloyds Metals, hit their fresh 52-week highs at 11:11AM.

The NSE Nifty index was trading 24.21 points down at 23502.3

Shriram Finance, NTPC, Adani Ent., BEL and Hindalco were among the top losers on NSE.

The Nifty Realty index was trading 1.67 per cent at 974.20.

The Nifty Auto index was trading 1.46 per cent at 22964.90.

Tata Elxsi's shares will be in focus after Q3 results showed a 3% drop in net profit to Rs 199 crore, despite annual revenue growth. Automotive sector challenges impacted new deals, while gains were seen in media and healthcare sectors. Shares fell by 0.33%.

The GIFT Nifty was trading below 23,600 early Friday. The futures contract based on the benchmark Nifty 50 was down 0.03% or 8 points lower at 23,583 as of 7:32 a.m.

PR NewswireBANGALORE, India, Jan. 9, 2025 Media & Communications and Healthcare businesses get back to constant currency QoQ growthBANGALORE, India, Jan. 9

The NSE of India will include six new stocks in the Futures and Options segment from January 31, 2025. The stocks are Castrol India, Gland Pharma, NBCC, Phoenix, Solar Industries India, and Torrent Power. Details about market lot and scheme of strikes will be announced on January 30, 2025.

National Stock Exchange has announced to add as many as 45 new stocks in the futures and options (F&O) segment after receiving the approval from the capital markets regulator Sebi.

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NSE will add 45 new stocks to its F&O segment from November 29. Zomato, DMart, and Jio Financial are some of the prominent inclusions. NSE selects highly liquid stocks with stable prices for the F&O segment. This allows investors to trade derivatives with lower capital. NSE is a leading derivatives exchange globally.

Domestic equity indices rose on Monday, with the Nifty 50 up 0.34% to 24,936 and the S&P BSE Sensex gaining 0.46% to 81,559. Analysts suggest resistance at 25,000-25,100 and support at 24,800-24,785, with a potential trend reversal if lower support levels are breached.

The Nifty50 index ended slightly higher on Wednesday after hitting a record 25,129.6, driven by IT stock gains and expectations of a US rate cut. Analysts suggest Nifty faces resistance near 25,075-100 and could remain volatile within the 24,750–25,250 range.

The NSE Nifty index was trading 15.75 points down at 25002.0