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Shares of Manappuram Finance and Rossari Biotech traded ex-dividend on Wednesday, May 24.
Price as on 24 May, 2023 09:53 AM, Click on company names for their live prices.
Taking stock: How shares of Adani companies are trading in morning session
Price as on 24 May, 2023 09:34 AM, Click on company names for their live prices.
Rupee rises 5 paise to 82.80 against US dollar in early trade.
Mishtann Foods looks to introduce new products, aims to increase presence in Africa.
Price as on 24 May, 2023 09:25 AM, Click on company names for their live prices.
Billionaire Infosys founder to double private firm’s investments – Bloomberg News
Price as on 24 May, 2023 09:24 AM, Click on company names for their live prices.
BLOCK DEAL IN MAHINDRA CIE | 3.2% equity changes hands
Price as on 24 May, 2023 09:21 AM, Click on company names for their live prices.
Biocon, Adani Power among top movers today
Price as on 24 May, 2023 09:21 AM, Click on company names for their live prices.
Opening Bell: Sensex falls over 200 pts, Nifty below 18,300; SpiceJet gains 4%, JSW Energy sheds 2%
Pre-open session: Sensex dips over 130 points; Nifty below 18,310
The uncertainty surrounding global stock markets due to talks on the U.S. debt ceiling continues to create ripples, casting a shadow on the SGX Nifty (-74, 18288). With the Fed meeting minutes expected later today, the crucial deciding factor lies in the balance. As we tread cautiously, let us remember that Nifty’s true upward journey begins beyond the 18503 mark, while Bank Nifty awaits its breakthrough at 44153. Amidst overbought technical conditions, it is prudent to exercise caution and keep a watchful eye on Nifty’s make-or-break support at 18181. In these times, the reassuring presence of net buyers, both FIIs and DIIs, at Dalal Street serves as a glimmer of hope. Amidst the trading range of 18000-18800, Nifty faces a crucial resistance at 18500, while support rests at 18181. Caution is advised in the face of overbought conditions. A breakthrough beyond 18503 could lead Nifty to aggressive targets at 18888. Similarly, Bank Nifty’s breakthrough at 44153 could propel it towards the psychological 45,000 mark. The positive catalyst lies in the net buying of shares by both FIIs and DIIs at Dalal Street. Let us closely watch Q4 earnings today, with companies such as Hindalco, NALCO, Oil India, Cummins India, and others sharing their performance.
– Prashanth Tapse, Senior VP (Research), Mehta Equities
Quarterly earnings today
LIC, Hindalco Industries, Nykaa, Cummins India and a slew of other companies will announce their quarterly results today.
Markets Live Updates: SGX Nifty signals a negative start
Nifty futures on the Singapore Exchange traded 82.5 points, or 0.45 per cent, lower at 18,376.50, signaling that Dalal Street was headed for negative start on Wednesday.
Tech View: Nifty forms small-bodied candle
Headline equity index Nifty moved in a narrow range of 30-40 points for most part of the day and formed a small-bodied candle on the daily charts. It has started to make higher highs and higher lows from the last two sessions.
Markets Live Updates: Tokyo shares open lower on US debt ceiling talks
Tokyo shares came under pressure Wednesday on uncertainty over US debt ceiling negotiations, which saw Wall Street end on a down note overnight.The benchmark Nikkei 225 index dropped 0.55 percent, or 168.92 points, to 30,788.85 in early trade, while the broader Topix index lost 0.37 percent, or 8.03 points, to 2,153.46.
Wall Street ends sharply lower on deadlocked debt ceiling talks
Wall Street stocks finished sharply lower on Tuesday and short-term Treasury yields shot up as investor jitters grew over a lack of progress in U.S. debt limit talks.
Rupee closes almost flat at 82.85 against US dollar
The rupee traded in a narrow range and settled for the day 1 paisa down at 82.85 against the US dollar on Tuesday, amid a muted trend in domestic equities. Forex traders said the strength of the American currency capped sharp gains for the local unit.
Markets Live Updates: Oil prices rise on concerns over tightening supply
Oil prices gained on Wednesday after U.S. oil and fuel supplies tightened and as a warning from the Saudi energy minister to speculators raised the prospect of further OPEC+ output cuts.Brent crude futures rose 86 cents, or 1.1%, to $77.70 a barrel by 0007 GMT, while the U.S. West Texas Intermediate crude (WTI) gained 88 cents, or 1.2%, to $73.79 a barrel.
Sensex, Nifty on Tuesday
The 30-share BSE benchmark Sensex rose 18 points or 0.38% to settle at 61,981, while the blue-chip Nifty index climbed 33 points to 18,348, propelled by a broad-based rally across sectors and powered by Adani group stocks.