Produced by: Prashanti Moktan Designed by: Manoj Kumar
Flair Writing shares are set to list on the BSE and NSE today (December 1). Flair Writing IPO price band has been set at Rs 288 to Rs 304 per share. Flair Writing is likely to make a strong debut as it was commanding a GMP of Rs 136 as of November 30
Tata Consultancy Services or TCS’ Rs 17,000-crore share buyback programme is set to open today (December 1). The buyback, where investors can sell to the company their shares at an offer price of Rs 4,150 apiece, will close on December 7, as per TCS in a regulatory filing
Gujarat Narmada Valley Fertilizers & Chemicals or GNFC’s Rs 652.81 crore buyback programme via tender offer will open today (December 1) and close on Dec 7. The company has fixed its buyback price at Rs 770 per share
Alphalogic Industries Ltd shares will trade ex-bonus today (December 1) as it had earlier declared a bonus issue in the ratio 1:1
“After a flat opening Nifty traded volatile on the monthly expiry day but managed to close near day’s high at 20,133. On Bank Nifty the pressure was seen today where bank nifty closed negative but has managed to close near 44,500 levels. The market has traded Positive with the Sensex gaining 0.13 percent and closed at 66,988.44 and Nifty was up by 0.18 percent intraday and closed at 20,133.15 levels whereas Bank Nifty was down by 0.19 percent and settled at 44,481.75,” said Deven Mehata, Research Analyst, Choice Broking
“Index has a support around 20,050-20,100 zone. Coming to the OI Data, on the call side, the highest OI observed at 20,400 followed by 20,300 strike prices while on the put side, the highest OI is at 20,000 strike price. On the other hand, Bank Nifty has support at 44,100-43,900 while resistance is placed at 44,900-45,000 levels,” said Deven Mehata, Research Analyst, Choice Broking
""Nifty ended close to the day's high on a choppy expiry day. The sentiment remains strong as long as it stays above 20,000 since the Put writers at the 20,000 strike will defend this level moving forward. The sentiment might weaken only if there's a drop below 20,000; until then, the buy-on-dips strategy is likely to stay prevalent. On the higher side, 20,200-20,230 acts as a resistance zone. If breached, the index could potentially move towards 20,450-20,500,” said Rupak De, Senior Technical analyst at LKP Securities
""The Bank Nifty index experienced heightened volatility on the last day of the monthly expiry, navigating a broad trading range. Facing immediate resistance at 44,700, a level associated with a previous correction, a breakout above this point is anticipated to trigger additional short-covering moves towards 45,000. The lower end support is situated at the 44.300-44,200 zone, acting as a supportive cushion for the bulls,” said Kunal Shah, Senior Technical & Derivative analyst at LKP Securities
Citizens of China and India can now enjoy visa-free entry to Malaysia for up to 30 days starting today (December 1). Malaysian Prime Minister Anwar Ibrahim has announced the move aimed at boosting tourism during a speech on Sunday
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