Produced by: Prashanti Mokatan
Designed by: Mohsin Shaikh
The government announced an offer for sale to sell 9.67 crore equity shares, or 2.46 percent equity stake in SJVN. The SJVN OFS for retail investors will open today while it opened for non-retail investors on September 21
Titagarh Rail Systems Ltd, Bajaj Healthcare Ltd, Finolex Cables Ltd, Mrs Bectors Food Specialities Ltd, Hindustan Copper Ltd, Apollo Micro Systems Ltd, Aries Agro Ltd, Asi Industries Ltd, BCL Industries Ltd, Beekay Steel Industries Ltd, Bhandari Hosiery Exports Ltd, Bodhi Tree Multimedia Ltd, Ceejay Finance Ltd, HFCL Ltd, Jindal Poly Films, Titan Biotech Ltd, UCAL Ltd, VLS Finance Ltd and Windsor Machines Ltd are among stocks that will turn ex-dividend today (September 22)
Manoj Vaibhav Gems 'N' Jewellers IPO is set to open for subscription today (September 22). Manoj Vaibhav Gems 'N' Jewellers IPO will close on Sept 26. Manoj Vaibhav Gems 'N' Jewellers IPO price band has been set at Rs 204 to Rs. 215 per share. Manoj Vaibhav Gems 'N' Jewellers shares will list on the BSE and NSE with the tentative listing date of October 6
“Nifty has tested the short-term moving i.e. 20 EMA and also retraced almost fifty percent of the recent up move. It may take a breather now but the upside seems capped citing the underperformance of select heavyweights. We thus recommend staying stock-specific with a focus on risk management,” said Ajit Mishra, SVP - Technical Research, Religare Broking Ltd
"Bank Nifty has witnessed a sharp correction today and, in the process, has breached the 20 and 40 day moving averages which is a sign of weakness. The daily momentum indicator has a negative crossover which is a sell signal. thus, both price and momentum indicator are suggesting a further decline. On the downside we expect it to target levels of 44,500 – 44,360 which coincides with the 20 week moving average and the 78.6% fibonacci retracement level,” said Jatin Gedia – Technical Research Analyst at Sharekhan by BNP Paribas
“Crude Oil future opened gapped lower at 7,408 on Thursday and continues its negative momentum for 3rd consecutive session. Crude price showed decline despite of weaker-than—expected Crude inventories released by EIA in the previous session. Price is heading towards the immediate support of the 20-DMA mark placed at 7,237 on the Daily chart. If prices break down this support level, we may expect further decline in Crude price towards 7,000. Resistance would be at 7,510 - 7,650,” said Aamir Makda, Commodity & Currency Analyst, Choice Broking
IndianOil MotoGP Bharat 2023 is set to begin today (September 22) as India hosts its first-ever MotoGP event. MotoGP, Moto2 and Moto3 pratice sessions will begin at 9 am and go on till 4:40 pm, as per the official schedule today. The three-day Grand Prix will take place at the Buddh International Circuit in Greater Noida and tickets are available on BookMyShow
“Gold prices faced the dip on Thursday as US Dollar and US Bond yields surged significantly. This decline in Gold price was triggered by Fed reserve’s indication of an additional rate hike within this year. MCX Gold price is trading near 50-DMA level placed at 59,055 and if this support levels break through, we may expect further downfall in Gold price. Here, key support would be at 58,750 – 58,500,” said Aamir Makda, Commodity & Currency Analyst, Choice Broking
In a lead up to the upcoming ICC World Cup, Team India will be playing a three-match ODI series against Australia, which begins today (September 22). The Mohali ODI will be followed by the 2nd ODI in Indore on Sept 24 and the series will conclude with the ODI in Rajkot on Sept 27
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