Mohit Burman, majority owner of Punjab Kings, discussed a dispute with co-owner Preity Zinta over selling part of his stake. Burman committed to legal compliance but stated no immediate selling plans. Zinta contested the sale in court, claiming a first-right-of-refusal clause, which Burman refuted.

Vodafone and 26 other stocks are exiting the Nifty 500 index while Trent and Bharat Electronics joined the Nifty 50, from which LTI Mindtree and Divi's Laboratories exited. Effective from September 30, 2024, these changes will come into effected.

Vodafone and 26 other stocks are exiting the Nifty 500 index while Trent and Bharat Electronics joined the Nifty 50, from which LTI Mindtree and Divi's Laboratories exited. Effective from September 30, 2024, these changes will come into effected.

Stock markets saw gains on Friday as Federal Reserve Chairman Jerome Powell indicated that interest rate cuts could be forthcoming due to cooling inflation. The Dow rose by 476 points, and the S&P 500 and Nasdaq also increased over 1%. The yen strengthened after Japan's central bank hinted at potential rate hikes.

JM Financial reports that Canara Bank's addition to the 12-stock Nifty index is projected to attract inflows of $84 million, while Bandhan Bank's removal could lead to outflows of $47 million. The NSE Indices committee announced these changes on Friday, set to take effect from September 30th (based on the closing prices of September 27th).

On Friday, India's benchmark Sensex rose by approximately 33 points, closing at 81,086. During this modest gain, 11 stocks within the BSE100 index reached their highest prices in the past year. Hitting a 52-week high is significant as it reflects the highest value a stock has attained over the last 12 months, offering crucial insights for traders and investors. This milestone is key for evaluating a stock's current value and forecasting future price movements.

Both benchmarks hit their lowest since early January this week, after the U.S. government sharply lowered its estimate of jobs added by employers this year through March, raising fears of a possible recession.

FTSE announced changes to its All-World Index on Friday, adding 13 Indian stocks, the highest from any country. The new additions include Bank of Maharashtra, Central Bank of India, Cochin Shipyard, Hitachi Energy India, HUDCO, KEI Industries, and Motilal Oswal Financial Services. Additionally, 14 Indian stocks were added to the FTSE Large Cap Index, including Bharat Dynamics and Dixon Technologies.

Long unwinding refers to the selling of positions or stocks owned for a longer period either to book profits or to exit it in anticipation of impending bearishness. In Friday's trading session, five stocks witnessed a long unwinding. Here's the list:

Short covering happens when traders buy back shares they previously sold short, often due to a shift in market sentiment or new information. This usually results in a decrease in open interest and can drive the stock price higher. In Friday's trading session, five stocks saw short covering. Here's the list:

Wall Street's key indexes surged following remarks from Federal Reserve Chair Jerome Powell about lowering interest rates. The S&P 500, close to a record high, saw gains led by tech and chip stocks. Powell's comments suggest possible policy easing, aligning with traders' expectations for a rate cut in the next Fed meeting.

Federal Reserve Chair Jerome Powell's recent remarks signal upcoming interest rate cuts, with diminished inflation risks and a cooling labour market. Powell emphasized that future rate cuts would depend on economic data, aligning with the Fed's previous indications. Markets and analysts are now anticipating policy easing at upcoming meetings. Despite signalling that rate cuts may be on the horizon, Powell stressed in his Jackson Hole address that the pace and timing of these cuts will be entirely guided by the incoming data.

Trent and Bharat Electronics have been added to the Nifty 50 index, replacing LTI Mindtree and Divi's Laboratories. This update, effective from September 30, 2024, follows a review based on market capitalization and liquidity.

US stocks opened higher Friday, as traders waited with anticipation for Fed chair Jerome Powell's keynote address on the path of monetary policy. Analysts expect Powell to use his keynote speech at the annual Jackson Hole Economic Symposium in the US state of Wyoming to signal support for cutting interest rates ahead of next month's rate decision.

The Federal Reserve, led by Chair Jerome Powell, plans to cut interest rates from their 23-year high, with potential reductions slated for mid-September. This decision follows a decline in inflation and a slowdown in hiring. The move aims to stabilize inflation at 2% and sustain economic growth and job markets, despite some concerns about potential recession.

Adani Group's Holderind Investments sold approximately 68 million shares. Following the transaction, Ambuja's stock initially jumped 4%. The Adani Group now holds a 70.33% stake. Recently, Ambuja enhanced its market share by acquiring Penna Cement, broadening its influence in southern India.

Wall Street's main indexes opened higher on Friday as investors looked to a speech from Federal Reserve Chair Jerome Powell at the Jackson Hole Symposium for clues on the pace of rate cuts in the world's biggest economy.

Economists predict that Fed Chair Powell will hint at interest rate cuts starting in September, but won't be too specific due to an upcoming jobs report. The recent rise in unemployment has made officials cautious, as they want to assess if the job market is truly weakening before committing to any action.

Wyoming, - U.S. economic data is giving the Federal Reserve the green light to cut interest rates, financial markets are aligned for the first move, and the central bank all but gave the game away on Wednesday when a readout of its July meeting showed a "vast majority" of policymakers agreed the policy easing likely would begin next month.

Indian benchmark equity indices ended flat in a highly volatile session on Friday, as traders awaited Federal Reserve Chair Jerome Powell's speech later today for insights on potential U.S. rate cuts. Despite the market’s fluctuations, five Nifty50 stocks achieved new 52-week highs in today’s trading session. Here’s the list:

The Securities and Exchange Board of India (SEBI) has barred Anil Ambani and 24 others, including former key officials of Reliance Home Finance Ltd (RHFL), from the securities market for five years for diverting company funds. SEBI has also imposed a ₹25 crore fine on Anil Ambani and restricted him from holding any position as a director or Key Managerial Personnel (KMP) in listed companies or registered intermediaries.

Nifty formed a small negative candle on Friday, with an ongoing trend of higher highs and lows. The index shows a choppy but positive bias, potentially reaching 25,000-25,100 soon. Immediate support is at 24,650. Weekly charts indicate a positive candle and a filled down gap resistance at 24,700.

Wyoming - With the Federal Reserve considered certain to start cutting its benchmark interest rate next month, Chair Jerome Powell's highly anticipated speech Friday morning at an economic conference will be closely watched for any hints about how many additional rate cuts might be in the pipeline.

Tata Technologies shares surged 4.5% to Rs 1,054 on BSE after a block deal worth Rs 1,218 crore, representing 2.9% of equity took place. About 1.2 crore shares were traded at Rs 1,019.8 each, according to reports.

"We have seen some challenges there (SME platform). We request you to be extra careful as far as SME IPOs and fundraising are concerned because these small companies will become much, much bigger going forward," the banker-turned-capital markets regulator said.

Indian equity indices closed flat on Friday in a highly volatile session. Traders showed caution ahead of Federal Reserve Chair Jerome Powell's upcoming speech. Despite the muted performance, both NSE Nifty 50 and S&P BSE Sensex have gained around 3% in seven sessions due to US rate cut expectations and strong domestic inflows.

Markets expect Federal Reserve Chair Jerome Powell to play it safe at the Jackson Hole symposium. Amid high equity volatility and speculation about rate cuts, strategists foresee moderate bond movements and small stock swings. Historically, the event has had minimal market impact.

Financial markets are keenly awaiting the Fed Chair's speech at the Jackson Hole Symposium, which could hint at future rate cuts. Powell will address global central bankers at 10 am EST on Friday. This event, hosted by the Kansas City Fed, is expected to provide crucial insights into economic policies.

Hindalco Industries will list its US subsidiary Novelis only at a desired valuation, delaying the IPO due to market conditions. The company aims for a valuation of $12.6 billion.

Public Sector Undertakings (PSUs) in India have seen their market capitalisation rise by 4% over 24 months, and now represent 15% of the market. Despite unchanged earnings metrics, their valuation multiples have expanded significantly. ROE is improving, and substantial capex suggests future growth.

Algorithmic trading has transformed India's stock market since its introduction by SEBI in 2008, now accounting for 50-55% of all trades. While algos offer benefits like speed and reduced errors, they also pose risks such as algorithm errors, technology failures, and compliance.

SEBI has proposed faster rights issues and flexible allotment to selective investors, aiming to streamline fundraising for listed companies. The regulator suggests reducing the timeline and intermediaries involved, making the process as simple as a preferential issue.

Shares of Reliance Power fell by 5% after Sebi barred Anil Ambani from the securities market for five years, citing fund siphoning from Reliance Home Finance.

As one after another more sectors get tailwinds of higher economic growth, there are many small and medium size companies making a comeback. A comeback on the front of real business and not only the stock market. A number of them are not names which are heard on the street every day, just because of the fact that they don't deal in consumer facing goods. So a company making graphite electrodes , abrasive or supplier of electromineral will not come to mind when it comes to performers in this bull run. Though it is a different thing that these companies have given decent returns in the current bull run.

Investors put $20.4 billion into stocks, $15.1 billion into bonds, and $1.1 billion into gold, BofA said, in its weekly round up of flows in and out of world markets

SEPC shares surged 17% to a day’s high of Rs 25.47 on the BSE after the company announced it received the final acceptance certificate from Hutti Gold Mines for a 2013 agreement. The certificate, received on August 22, confirms that all systems—electrical and mechanical equipment, D.C./A.C. drives, PLC systems, and 11 KV grid power—were successfully tested and deemed satisfactory

While the banking sector saw moderate Q1 earnings with most banks contracting margins and higher credit costs, brokerages remain optimistic. HDFC Bank, ICICI Bank, and SBI are top recommended stocks, despite a lagging performance. Axis Bank, Bank of Baroda, and Indian Bank show greater potential upside.

For investors, it’s valuable to observe if a conglomerate is excelling in both price performance and fundamental growth, as it reflects strong financial health and suggests potential for continued success. ETMarkets' analysis of Tata Group stocks reveals that, out of 25 listed companies, 22 have delivered price returns ranging from 15% to 250% over the past year, with six becoming multibaggers in the same period. We concentrated on stocks that gained over 50% in the past year, and notably, most of these stocks also exhibited strong fundamentals, with sales and profit growth for FY24 exceeding 10% compared to the previous fiscal year. It's worth noting that most of these 12 top-performing stocks are still priced 10% or more below their 52-week high levels.(Data Source: ACE Equity)

A short buildup occurs when there is a rise in open interest and trading volumes, coupled with a decrease in the price of the underlying stock in the Futures and Options segment. This indicates that more traders are expecting the prices to decline and are creating short positions. In Friday's trading session, five stocks saw fresh short positions being built. Here's the list:

Shares of Anil Dhirubhai Ambani Group dropped by up to 14% after Sebi barred Anil Ambani from the securities market for five years over fund siphoning allegations from Reliance Home Finance. Reliance Home Finance and Reliance Power shares fell 5%, while Reliance Infrastructure shares plummeted 14%. Trading in some other group companies remains suspended.

Hindalco Industries will list its US subsidiary Novelis only at a desired valuation, delaying the IPO due to market conditions. The company aims for a valuation of $12.6 billion.

TVS Motor Company shares reached a record high of Rs 2,818 after unveiling the upgraded Jupiter 110. Brokerage UBS raised the target price to Rs 3,200, anticipating heightened sales volumes.

Reliance Power shares surged 5% to a 52-week high of Rs 38.07 amid reports of Adani Power negotiating to acquire its 600 MW Butibori Thermal Plant for Rs 2,400-3,000 crore.

Tata Group's Trent and Bharat Electronics might join the Nifty 50 index, replacing LTI Mindtree and Divis Laboratories, as per JM Financial. The rebalancing, based on six-month data till July 31, will be effective from September 30. Jio Financial and Zomato are not included due to segment restrictions.

Retail investors have bolstered their market presence by raising stakes in 29 companies, delivering substantial returns. Public sector firms like Bharat Electronics and Hindustan Aeronautics have seen significant gains. Mid and small-cap stocks have particularly benefitted, though they now exhibit stretched valuations. Investors are advised to consider midcaps for better opportunities.

Anil Ambani and 24 entities, including former officials of Reliance Home Finance, are barred by Sebi from the securities market for five years for fund diversion. Sebi imposed a Rs 25 crore penalty on Ambani and restricted him from participating in the market. Reliance Home Finance was also fined Rs 6 lakh and barred for six months.

IREDA shares surged over 10% in the past week, with a 3.3% gain to Rs 265.7 during Friday's intraday trade on the BSE. This rally precedes a crucial board meeting on August 29, where the company is expected to discuss raising Rs 4,500 crore through a FPO or other financing methods.

RailTel Corporation's shares surged 8% to a day's high of Rs 507.70 on the BSE today, following its announcement of a Rs 52.66 crore order from the Uttar Pradesh Police Recruitment and Promotion Board.

A long buildup occurs when open interest and trading volumes increase alongside a rise in the underlying stock price in the Futures and Options segment, signaling a bullish market trend. In Friday's trading session, five stocks saw fresh long positions. Here’s the list: