Produced by: Prashanti Moktan Designed by: Manoj Kumar
Adani Energy Solutions, Max Healthcare Institute Ltd, Bikaji Foods International Ltd, Emami Ltd, Bajaj Electricals Ltd, Bharat Forge Ltd, Zydus Wellness Ltd, Greenply Industries Ltd, Singer India, Greenply Industries Ltd, Eco Hotels And Resorts Ltd and Radico Khaitan Ltd are among companies that will release their Q2 earnings for July-September 2023 today (November 6)
Protean eGov Technologies IPO is set to open for subscription today (November 6) and close on November 8. Protean eGov Technologies IPO price band has been set at Rs 752 to Rs 792 per share. Protean eGov Technologies shares will list on the BSE with the tentative listing date of November 17
“Considering the dominant position in the domestic e-governance market, its capabilities to roll-out nationally critical and population scale greenfield technology solutions and attractive demanded valuations, we assign a “SUBSCRIBE” rating for the issue,” stated Choice Broking in their report on the Protean eGov Technologies IPO
Colgate-Palmolive (India) Ltd, Shriram Finance Ltd, MPS Ltd, IRB Infrastructure Developers shares are set to trade ex-dividend today (November 6)
“The Indian stock market had a positive week, suggesting a potential turnaround from the previous downtrend. Notably, the Nifty started the week at 19,241 and closed at 19,133.25, while the Sensex opened at 64,444.90 and closed at 64,363.78. Small and mid-cap stocks performed well, gaining 1.2% and 0.75% respectively, surpassing the performance of blue-chip stocks, thanks to robust retail inflows. All sectoral indices on the NSE ended in positive territory, with Nifty Realty experiencing a significant increase of 2.54%,” said Shrey Jain, Founder and CEO SAS Online
“The corporate earnings outlook for H1 has been favourable, and expectations for a positive H2 earnings outlook are high. A positive performance in H2 could lead to potential earnings upgrades. This week, market is anticipating results from major PSU banks, auto, and metal sectors with an optimistic outlook,” said Vinod Nair, Head of Research at Geojit Financial Services
"After a gap up opening Nifty faced resistance around 19,250-19,300 levels and we can see maximum put writing at 19,200 levels which may act as strong support for Nifty while we can see maximum open interest in 19,300 call option so, one should only be bullish on Nifty if it closes above its crucial 100 days moving average placed at 19,300,” said Kunal Shah, Senior Technical & Derivative analyst at LKP Securities
"The Bank Nifty index had a strong opening but went into consolidation at higher levels. It encountered difficulty surpassing the immediate resistance level of 43,500, where a significant amount of call writing was observed. The lower-end support for the index is situated at 42,800, and a breach below this level could intensify selling pressure,” said Kunal Shah, Senior Technical & Derivative analyst at LKP Securities
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