Inflation data, earnings, global cues to guide market this week: Analysts

WPI inflation data for March, quarterly earnings, global trends and foreign fund trading activity are major factors that will drive equity markets this week, analysts said. Investors would also focus on the movement of crude oil prices and the trend in the rupee against the US dollar. Wholesale Price Index (WPI) inflation data for March would be released on Monday. "Trend in global markets, domestic and global macroeconomic data, crude oil prices and movement of the rupee against the dollar will dictate the trend this week," said Arvinder Singh Nanda, Senior Vice President, Master Capital Services Ltd. HCL Technologies, Hindustan Zinc, Tata Coffee and Tata Communications are some of the major firms that will announce their quarterly earnings this week. "Focus will be on earnings and global markets for cues. On the earnings front, participants will first react to Infosys and HDFC Bank's numbers in early trade on Monday," Ajit Mishra, VP - Technical Research, Religare Broking Ltd, .

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SWIM IEO - World's first knowledge-sharing token sale kicks off on ProBit Global

New Delhi [India], April 15 (ANI/PNN): The initial exchange offering (IEO) of the token that powers the user experience within the Spread Wisdom (SWIM) ecosystem has kicked off on the ProBit Global exchange platform.

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Bitcoin surged past $30,000. Is another crypto boom on the way?

It's clear that while the mood has improved compared with last year's apocalyptic vibe, the promising Bitcoin rebound alone won't be enough to fix the damage from last year's scandal-filled downturn

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Gold price rises Rs 600 to Rs 61,800, silver surges Rs 1,600 to Rs 61,800

The price of ten grams of 22-carat gold rose by Rs 550 to Rs 56,650

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Twitter partners with Israeli company, users can soon trade stocks, crypto

Twitter has partnered with Israel-based social trading company eToro, which will allow users to access stocks, cryptocurrencies and other financial assets

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Heirs must know what you own to claim wealth: HNIs should opt for trusts

Appoint nominees and write a Will to make the transfer hassle-free

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Market regulator Sebi sets up framework for upfront collection of funds

Markets regulator SEBI on Thursday put in place a framework for upfront collection of funds from eligible issuers of debt securities to build the Settlement Guarantee Fund of the Limited Purpose Clearing Corporation (LPCC). The eligible issuers would be notified by the LPCC as per its risk management policy, the Securities and Exchange Board of India (SEBI) said in a circular. LPCC is an entity established to undertake the activity of clearing and settlement of repurchase agreement transactions. Under the framework, SEBI said that an amount of 0.5 basis points of the issuance value of debt securities per annum based on the maturity of debt securities will be collected by the stock exchanges and placed in an escrow account before the allotment of the debt securities. This amount is applicable on a public issue or private placement of debt securities. The stock exchanges would transfer the amounts so collected to the bank account of the LPCC within one working day of the receipt of

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NSE to introduce WTI crude oil, natural gas futures contracts from May 15

National Stock Exchange (NSE) on Friday said it will launch futures contracts on underlying WTI crude oil and natural gas in the commodity derivatives segment from May 15. This comes after the exchange, last month, received approval from markets regulator Sebi to launch the rupee-denominated Nymex WTI crude oil and natural gas futures contracts in its commodity derivatives segment. These contracts will expand NSE's product offering in the energy basket and its overall commodity segment. Experts believe that these contracts would provide the market participants with an efficient avenue to hedge their price risk. "Futures contracts on underlying WTI crude oil and natural gas (Henry Hub) would be available for trading in commodity derivatives segment with effect from May 15, 2023," NSE said in a circular. In February, NSE signed a data licensing agreement with CME Group. The pact allows the bourse to list, trade and settle rupee-denominated WTI crude oil and natural gas derivatives .

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HDFC Bank: Analysts see muted profit growth in Q4 amid higher provisions

HDFC Bank preview: Near-term focus, analysts said, would be the status of the merger with HDFC Ltd

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Market holiday: BSE and NSE closed today on account of Ambedkar Jayanti

Stock market holiday today: Full list of stock market holidays in 2023 here

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RBI okays re-appointment of Sanjay Agarwal as AU SFB's MD; stock surges 16%

The RBI approval removes a key overhang and will now shift the focus to the fundamental performance of the bank

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TCS slips nearly 2% on weak management commentary post Q4 results

Management indicated weakness in the US on account of deferrals in discretionary spending from clients, with the BFS vertical being the most affected

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Chart check: Buy the dips in Nifty Pharma, Sell the rallies in Nifty FMCG

The near-term trend is displaying a bullish bias for the Nifty Pharma index

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Gold price rises Rs 10 to Rs 61,320, silver unchanged at Rs 77,350

The price of 10 grams of 22-carat gold also rose by Rs 10 to Rs 56,210

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Sebi imposes Rs 25 lakh fine on 5 entities for non-genuine trades

Sebi on Wednesday imposed fines totalling Rs 25 lakh on five entities for indulging in non-genuine trades in the illiquid stock options segment on BSE. In five separate orders, the watchdog levied a fine of Rs 5 lakh each on Natraj Dealtrade, Queen Tie-Up Pvt Ltd, Octagon Merchants, Noble Tradelink and Nirmal Kumar Chopra HUF. The Securities and Exchange Board of India (Sebi) had observed large scale reversal of trades in the illiquid stock options segment of BSE, leading to creation of artificial volumes on the bourse. It had conducted an investigation into the trading activities of certain entities engaged in the segment on BSE from April 2014 to September 2015. According to Sebi, the five entities were among those who indulged in the execution of reversal trades. The reversal trades are alleged to be non-genuine in nature as they are executed in the normal course of trading, which leads to a false or misleading appearance of trading in terms of generating artificial volumes, Se

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Share of NRIs, overseas investors in mutual fund assets declining

Accounted for a larger share in the years leading up to Covid-19

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Venus Pipes rallies 7% to hit record high as Ashish Kacholia buys 2% stake

On April 11, 2023, Ashish Rameshchandra Kacholia bought 4 lakh equity shares, which represented 1.98 per cent stake of Venus Pipes at Rs 750 per share via block deal

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Sula Vineyards jumps 11% after strong March quarter business update

Analysts believe that the wine producer is well placed to leverage global consumer shift towards low-alcohol beverage segment - beer and wine

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Gold prices surge Rs 330 to reach Rs 60,760, silver jumps Rs 30 per kg

The price of ten grams of 24-carat gold in Delhi, Bengaluru, and Chennai is Rs 60,910, Rs 60,810, and Rs 61,420, respectively

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Charts show bullish trend for Nifty Auto, adopt buy-on-dips: Ravi Nathani

Based on the technical analysis of the Nifty Auto index using near-term charts, it is anticipated that the index may continue its upward trend in the near to short term, said the technical analyst

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Cryptocurrency to FTA: Nirmala Sitharaman discusses range of issues in US

Sitharaman said that the World Trade Organisation (WTO) needs to be more progressive and must give space to countries that have something different to say

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Sebi to AIFs: Offer direct plans; introduces trail model for commissions

New norms to curb mis-selling, bring parity on upfront commissions that are already barred in MFs, PMS

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Neogen Chemicals surges 5% after it inks pact with Japanese firm MUIS

This acquisition will help Neogen to strengthen its position in the electrolyte market in India.

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Gold price declines Rs 430 to Rs 60,430, silver dips Rs 300 at Rs 76,300

The price of ten grams of 22-carat gold fell by Rs 390 to Rs 55,400

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Stocks to watch: JSW Steel, Cipla, Zydus Life, Kaveri Seed, Kalpataru Power

Stocks to watch today: From Cipla to Zydus Lifesciences, here are top stocks to watch in Tuesday's trading session

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National Stock Exchange cautions investors against 'dabba' trading

The National Stock Exchange (NSE) on Monday cautioned investors against some fraudsters running illegal dabba trading with guaranteed returns to investors. Dabba trading is an illegal form of trading in shares, where operators of such trading rings allow people to trade in equities outside the stock exchange platform. The cautionary statements came after NSE found that the entities -- Shri Parasnath Commodity Private Limited, Shri Parasnath Bullion Private Limited, Faary Tale Trading Private Limited and Bharat Kumar (associated with Trade with Trust) --were providing dabba or illegal trading platform with assured returns. The exchange said that these persons are not registered either as a member or authorised persons of any registered member of the NSE. Moreover, a police complaint has been lodged in this regard. Cautioning investors, NSE asked them not to subscribe to any such scheme or product offered by any person or entity offering guaranteed returns in the stock market as the

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Godrej Properties soars 8% on strong Q4 business update

The management said sales growth for the year was on the back of both an improving project mix as well as strong volume growth of 40 per cent.

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Gold price falls Rs 10 to Rs 60,860, silver remains unchanged at Rs 76,600

The price of ten grams of 22-carat gold fell by Rs 10 to Rs 55,790

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Stock Market Live: SGX Nifty up 60pts, Asian indices firm; Brent at $85/bbl

Stock market live updates: As of 8:05 am, the SGX Nifty quoted 17,713 levels, up over 50 points, as against Nifty Futures last close

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Stocks to watch: ONGC, IGL, MGL, RIL, L&T, Titan, Adani Group, Delta Corp

Stocks to Watch: Shares of city gas distributors are likely to be in focus today as they react to government's nod for new pricing regime.

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Weak demand, excess supply get tile makers walking on eggshells

Although lower gas prices could offer some relief on margins

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