RVNL, SAIL, Mazagon Dock ex-dividend stocks today, RR Kabel shares listing in Top News on September 20: Share markets, Bank Nifty outlook, Signature Global IPO to open, Aprilia RS 457 to be unveiled
Produced by: Prashanti Moktan
Designed by: Mohsin Shaikh
Rail Vikas Nigam Ltd, Steel Authority Of India Ltd, Mazagon Dock Shipbuilders Ltd, Century Plyboards Ltd, Hindware Home Innovation Ltd, Aksharchem (India) Ltd, Bharat Dynamics Ltd, BEML Ltd, CG-VAK Software & Exports Ltd, Comfort Intech Ltd, Ester Industries Ltd, Filatex India Ltd, Garware Hi-tech Films Ltd, Lehar Footwears Ltd, Likhitha Infrastructure Ltd, Medicamen Biotech Ltd, Mercury Laboratories Ltd, Indo-National Ltd, PTC India Ltd, Ruby Mills Ltd, Sky Gold Ltd, Spenta International Ltd, Southern Petrochemicals Ltd, Sunteck Realty Ltd, Tanfac Industries Ltd, Victoria Mills Ltd, Vintage Coffee And Beverages Ltd are among stocks that will turn ex-dividend today (September 20)
Ex-dividend stocks today
(September 20): RVNL,
SAIL, Mazagon Dock
RR Kabel shares are set to list on the stock exchanges today (September 20). The FMEG player will become the first entity on the Indian bourses to make a T+2 listing, which is listing after two working days from the closure of the issue. RR Kabel IPO was likely to list up to 10 per cent over its issue price as the shares were commanding a premium of Rs 95-100 in the grey market a day before its listing
RR Kabel shares to list
today (September 20)
Signature Global IPO is set to open for subscription today (September 20). Signature Global IPO will close on Sept 22. Signature Global IPO band has been offered at a fixed price band of Rs 366-385 apiece. Signature Global shares will list on the BSE and NSE with the tentative listing date of October 4
Signature Global IPO to open today (September 20)
“The Nifty index has been consolidating within a broad range, with notable call writing activity observed at higher levels. This suggests that market participants are cautious and have been selling call options to hedge against potential downward movements… The index has support at the 20,100 level and resistance at 20,200. A break on either side of this range is likely to lead to trending moves, with potential implications for market direction,” said Kunal Shah, Senior Technical & Derivative analyst at LKP Securities
Nifty outlook today (September 20): Analyst view
“This week markets would take cues from their global peers as several central banks including US Fed would hold policy meetings. Market is showing strength and is sustaining above 20k levels. Overall, we expect the market to gradually inch upwards with minor profit booking at intervals,” said Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd
Share market outlook today (September 20)
"The Bank Nifty has an immediate support zone in the range of 45,800 to 45,700. This level is crucial, and a breach below it could trigger further selling pressure in the index. Despite the profit booking, the overall sentiment for the Bank Nifty remains bullish, as long as the mentioned support levels are held on a closing basis. This suggests that there is still confidence in the upward trajectory of the index,” said Rupak De, Senior Technical analyst at LKP Securities
Bank Nifty technical view
today (September 20)
“We anticipate gold prices to consolidate in range before the FOMC policy outcome, and post-event volatility is likely to expand. For the week, Comex gold has first support at $1,901; a fall below that level can retest August's low of $1,884, and it has resistance at $1,935 and $1,960. The MCX Gold (October) contract is expected to move in a price range of Rs. 58,600 to Rs. 59,580,” said Saumil Gandhi, Senior Analyst - Commodities, HDFC Securities
Gold Price today (September 20): Analyst outlook
Italian motorcycle manufacturer Aprilia is set to unveil its sports bike Aprilia RS 457 in India today (September 20), ahead of India hosting its first MotoGP. Touted as the KTM RC390 rival, the entry-level Aprilia bike will reportedly be made in India
Aprilia RS 457 to be
unveiled in India today
(September 20)
“We maintain our long-term bullish view on crude oil on the back of an improved demand outlook and tight supply. Technically, WTI crude oil price is forming a higher top and higher bottom formation on the daily chart, which has short-term Fib. supports around $88 and $86.25, while resistance is at the $93.8 and $95 mark. MCX crude oil October contract is anticipated to move in the range of Rs. 7,260 to Rs. 7,700 this week,” said Saumil Gandhi, Senior Analyst - Commodities, HDFC Securities
Crude oil price outlook
today (September 20)
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