Sensex Today | Share Market Live Updates: Sensex, Nifty expect cautious start
Sensex Today | Share Market Updates: FIIs on Monday sold stocks of Indian companies resulting in a net outflow of ₹549.37 crore, according to NSE data. DIIs bought equities resulting in an inflow of ₹595.70 crore, the exchange data showed.
Oil held a modest advance after Saudi Arabia and Russia’s announcements that they would prolong supply cuts through the end of the year was balanced by a worsening demand outlook.
The yield on the 10-year Treasury rose to 4.64%. That’s up from 4.57% late Friday, but it’s still below the perch above 5% that it reached last month, its highest level since 2007.
Sensex Today Live:: Buy or sell: Vaishali Parekh recommends three stocks to buy today
Vaishali Parekh, Vice President — Technical Research at Prabhudas Lilladher recommends these stocks for day trading:
1] Cochin Shipyard: Buy at ₹1005, target ₹1060, stop loss ₹985;
2] SAIL: Buy at ₹86.85, target ₹92, stop loss ₹84.50; and
3] Devyani International: Buy at ₹189.85, target ₹207, stop loss ₹186. (Read More)
Sensex Today Live: Bajaj Finance launches QIP, floor price set at ₹7,533.81 per share
Bajaj Finance Ltd made an announcement on November 6 regarding the commencement of a qualified institutional placement (QIP) aimed at raising funds. The floor price for this placement has been set at ₹7,533.81 per share. It has been disclosed by the company that they may offer a discount of up to 5 percent on the floor price.
The QIP Special Committee of Bajaj Finance Ltd, which convened earlier on the same day, provided the necessary approval for the launch of the issue. The company officially confirmed the opening of the issue on the same day, Monday, November 6, 2023, as per the information disclosed in a regulatory filing. (Read More)
Sensex Today Live | Share Market Updates: Mamaearth’s parent Honasa Consumer IPO listing date today
Today, on the 7th of November 2023, Mamaearth’s parent company, Honasa Consumer Limited, is scheduled to be listed on the Indian exchanges. The Bombay Stock Exchange (BSE) has announced that the equity shares of Honasa Consumer Limited will be listed and admitted to dealings on the Exchange in the list of ‘B’ Group of Securities effective from today, with trading set to commence at 10:00 AM. The special pre-open session for the listing will take place earlier at around 9:45 AM on both BSE and NSE.
Market experts have indicated that the initial trading of Honasa Consumer Limited’s IPO might result in a flat listing. (Read More)
Sensex Today: Wall Street drifts to a mixed and quiet finish on Monday following last week’s big swings
U.S. stocks drifted to a mixed finish Monday as Wall Street’s wild recent moves calmed a bit.
The S&P 500 added 7.64 points, or 0.2%, to 4,365.98, even though the majority of stocks within it and across Wall Street weakened. The index was coming off its best week of the year, which itself came on the heels of several months of sharp losses.
The Dow Jones Industrial Average rose 34.54, or 0.1%, to 34,095.86, and the Nasdaq composite gained 40.50, or 0.3%, to 13,518.78.
The flashpoint for the stock market’s movements in both directions has been what the bond market is doing, and it regressed Monday following its own extreme moves.
The yield on the 10-year Treasury rose to 4.64%. That’s up from 4.57% late Friday, but it’s still below the perch above 5% that it reached last month, its highest level since 2007. High yields hurt prices for stocks and other investments, while slowing the economy and raising the pressure on the financial system. (AP)
Download the App to get 14 days of unlimited access to Mint Premium absolutely free!
