The National Stock Exchange (NSE) has announced exclusion of 16 stocks from the futures & options (F&O) segment with effect from February 28, 2025 and no contracts will be available for trading from this date.
Outlook 2025: FMCG a space to avoid; you can bottom fish in Bandhan Bank, says Varun Saboo
Varun Saboo, Head-Equities at Anand Rathi Shares, predicts the Nifty will remain firm due to India’s superior growth rates. He advises caution in the FMCG sector, favors Bandhan Bank among struggling banks, and expresses optimism about two-wheelers and hospital stocks. He also sees potential in the QSR and online delivery platform sectors.
NITCO shares in focus after securing Rs 105 crore order from Prestige Group
Shares of tiles maker NITCO will be in focus on Thursday following the company’s announcement of a Rs 105 crore order from Bengaluru-based real estate firm Prestige Group. NITCO will supply tiles and marble for several Prestige Group projects across various cities.
EIH shares in focus after ITC acquires 2.44% stake
Shares of luxury hospitality company EIH Limited will be in focus on Thursday after ITC acquired a 2.44% stake in the company, representing over 1.5 crore equity shares. Additionally, ITC purchased a 0.53% stake in HLV Limited, equivalent to 34.60 lakh equity shares. EIH is part of The Oberoi Group, while HLV is associated with The Leela Mumbai. The acquisitions come as ITC announces a demerger of its hotels business.
Bank of Japan keeps interest rates steady at 0.25%
The Bank of Japan held steady its interest rates on Thursday, opting to observe wage growth and inflation trends. The decision, widely anticipated, maintains the short-term policy rate at -0.1%. Governor Kazuo Ueda will elaborate on this decision and the findings of a policy review examining 25 years of deflation-fighting strategies, marking a potential shift away from extensive stimulus.
Sensex falls! But these stocks are up over 10% on BSE
In the Nifty 50 index, 15 stocks were trading in the green, while 35 stocks were trading in the red.
Share price of Shriram Finance as Nifty
A total of 10,309 shares changed hands on the counter till 11:05AM (IST).
Stock market update: Power stocks down as market falls
The 30-share BSE Sensex was down 371.11 points at 80313.34
Jungle Camps IPO listing today. Check GMP to know listing potential
Jungle Camps India shares are set to debut on the BSE SME platform Tuesday with a grey market premium of Rs 60, indicating a potential 83% listing premium. The IPO, which was oversubscribed 490 times, offered 40.86 lakh fresh equity shares. The company operates four award-winning eco-friendly resorts in central India, focusing on luxury and conservation-based tourism.
Death Crossovers: These 4 stocks signal bearishness on December 17
These stocks’ 50-day SMA crossed below their 200-day SMAs on November 4.