Produced by: Prashanti Moktan Designed by: Mohsin Shaikh
AIK Pipes And Polymers Limited IPO will open for subscription today (December 26) and close on December 28. AIK Pipes IPO comes at a fixed price of Rs 89 per share. AIK Pipes shares will list on the BSE and NSE with the tentative listing date of January 2
Christmas holidays are scheduled today in some North East states. Banks will remain closed in Nagaland’s Kohima, Mizoram’s Aizawl and Meghalaya’s Shillong, as per the RBI
"Market traded volatile on Friday but managed to end in the green amid mixed cues. After the flat start, the Nifty oscillated sharply on both sides. All the key sectors, barring banking, traded in sync with the move wherein realty, IT and metal were among the top performers,” said Ajit Mishra, SVP - Technical Research at Religare Broking
"The 'buy on dips' strategy continues to drive investors during the subdued week. Mid and small caps remain in the limelight, benefiting from ease in oil prices and the anticipation of a potential rate cut in CY24, supported by slower-than-expected US GDP growth and weakness in the dollar, signalling early rate cuts. Realty and Auto sectors shine, while PSU banks outperform peers on account of improvements in balance sheets and profitability. Despite a premium valuation, the short-term positive trend persists, supported by a strong revival in FIIs buying & stock specific actions. Heading into the festive season and year-end, we can anticipate a range-bound trade scenario with limited data points," said Vinod Nair, Head of Research at Geojit Financial Services
"The Nifty index displayed volatile movements on the last day of the week but managed to close above the crucial level of 21,300. The lower-end support for the index is positioned at 21,200, presenting a buying opportunity on any dips toward this level. Sustaining above 21,300 could pave the way for further upside momentum, targeting the 21,500 level,” said Kunal Shah, Senior Technical & Derivative Analyst at LKP Securities
"The Bank Nifty index faced selling pressure on the last day but managed to hold the key support level of 47,400. If the index fails to sustain above this support, it could witness further decline toward the 47,100 levels. On the upside, the immediate resistance is at 47,700, and a breakout above this level may trigger short-covering, pushing the index higher toward 48,000/48,200 levels,” said Kunal Shah, Senior Technical & Derivative analyst at LKP Securities
Samsung Galaxy A15 5G and Galaxy A25 5G is set to launch in India today (December 26). Galaxy A25 5G will offer a 120Hz Super AMOLED display with Vison Booster technology. Both the Samsung Galaxy A15 5G and Galaxy A25 5G will sport a 50-megapixel triple rear camera setup. Samsung Galaxy A15 5G price is expected to be around Rs 21,500 while Samsung Galaxy A25 5G price could be Rs 22,500 approx., as per 91mobiles based on the smartphone prices when they were earlier launched in Vietnam
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