Produced by: Prashanti Moktan Designed by: Manoj Kumar
IRCTC, MRF Ltd, R R Kabel Ltd, Page Industries, United Spirits Ltd, Metropolis Healthcare Ltd, Procter & Gamble Hygiene & Health Care Ltd, Man Infraconstruction Ltd, Archean Chemical Industries Ltd, Axita Cotton Ltd, Bhagiradha Chemicals & Industries Ltd, Computer Age Management Services Ltd, Gabriel India Ltd, IFL Enterprises Ltd, Jamna Auto Industries Ltd, K.P. Energy Ltd, Info Edge (India) Ltd, Nile Ltd,, Panama Petrochem Ltd, Polyplex Corporation Ltd, Precision Wires India Ltd, Ram Ratna Wires Ltd, Shradha AI Technologies Ltd, Stylam Industries Limited, Vidhi Specialty Food Ingredients Ltd, Yug Decor Ltd. shares are set to trade ex-dividend today (November 17)
Prime Minister Narendra Modi is set to inaugurate the second Voice of Global South Summit today (November 17). The Voice of Global South Summit, which witnessed participation from 125 countries, was one of the foremost initiatives under India’s G20 Presidency and this edition marks the second time that India is hosting it in less than a year
Orient Tradelink Ltd, Rapid Investments Ltd, United Leasing Industries Ltd, Rotographics India Ltd are among companies that will release their Q2 earnings for July-September 2023 today (November 17)
“The Indian market continued its positive resurgence, tracking global gains. Softer than expected US inflation data and easing bond yields has bought optimism that spending will emerge like in technology. Taking the cues further, IT stocks have shown a significant jump in the broader market. The market is sensing that exports based sectors like IT and Pharma could be future winners. While cut in inflation will also benefits domestic placed staples and consumer sector,” said Vinod Nair, Head of Research at Geojit Financial Services
“Moderating inflation in the US could be signalling that the Federal Reserve may be done with rate hikes, which is good for global markets. Further, domestic economic numbers like exports have shown signs of recovery, which has further boosted the market sentiment and has triggered renewed buying interest in recent sessions. Technically, Nifty needs to reclaim the 19,889 mark to unleash fresh upside. Nifty’s biggest supports are placed at 19,471 mark, while the benchmark's 200 DMA is at 18,708 mark,” said Prashanth Tapse, Research Analyst-Sr VP Research, Mehta Equities Ltd
"The index encountered resistance near 19,850, the consolidation high, on the daily chart, resulting in a sharp intraday decline. However, the index displayed strength by closing above the previous session's high. In the short term, the market outlook suggests a 'buy on dips' strategy as long as the index maintains levels above 19,500. A breakthrough above 19,850 could propel the Nifty towards the 20,000 mark,” said Rupak De, Senior Technical analyst at LKP Securities
"The Bank Nifty index encountered resistance at 44,500, where notable selling pressure emerged in the last half-hour of trading. The index continues to adopt a "buy on dip" strategy, with a support level at 43,700, aligning with its 20-day moving average (20 DMA). A close above 44,500 is anticipated to trigger additional short-covering, potentially propelling the index towards the 45,000 mark,” said Kunal Shah, Senior Technical & Derivative analyst at LKP Securities
The Indian Railways will flag off the Bharat Gaurav tourist train from Mumbai’S CSMT today (November 17). The train’s route will take it to places like Pune, Solapur, Guntala, Rengunta, Rameshwaram, Madurai, Kannadiga, and Kochuveli before it makes a return to its starting point on November 25. The IRCTC tourist train offers an all-inclusive tour package in the Economy, Comfort and Deluxe classes and will include train fare, meals, accommodation and transportation during the trip
Public sector OMCs including BPCL, IOCL and HPCL revise their petrol price and diesel price daily in line with international benchmark prices and forex rates. Petrol and diesel prices remained stable today in major cities