Tata Technologies IPO Day 3, Manappuram Finance, PFC to turn ex-dividend; Top News on November 24: Stock market, Bank Nifty outlook, Crude Oil update

Produced by: Bhoomika Aggarwal Designed by: Manoj Kumar

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Crude oil
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Power Finance Corporation

Tata Technologies IPO subscription closes today

Subscription for Tata Technologies IPO opened on November 22 and will close today (November 24). Tata Technologies IPO issue size is Rs 3,042.51 crore, which is entirely an offer for sale (OFS) of 6.09 crore equity shares by the promoter and investors. The IPO price band has been set at Rs 475 to Rs 500 per share

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Ex-dividend stocks today (November 24): Manappuram Finance, Power Finance Corporation

Manappuram Finance: The company declared a final dividend of Rs 0.85. Shares will trade ex-dividend today. Power Finance Corporation: The company declared a final dividend of Rs 4.5. Shares will trade ex-dividend today.

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Share markets outlook today (November 24)

"Indian indices started the day with a slight uptick on Thursday, influenced by mixed global cues. However, they quickly stabilised, resulting in the Sensex dipping by 6 points and concluding the session at 66,017," said Shrey Jain, Founder and CEO, SAS Online.

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Nifty outlook today (November 24): Analyst view

"Nifty experienced a decrease of 10 points, closing at 19,802 or a 0.05% decline. The noteworthy highlights include Nifty managing to close above the important 19,800 mark. Analysing the levels, the range of 19,850 to 19,875 poses an immediate challenge, while the zone of 19,725 to 19,700 stands out as a crucial support area from a short-term perspective," as per Shrey Jain, Founder and CEO, SAS Online.

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Bank Nifty Technical View today (November 24)

"Bank Nifty maintained a position above 43,600," as per Shrey Jain, Founder and CEO, SAS Online

Petrol, diesel prices today (November 24)

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.

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Crude oil

Crude oil report (November 24)

"Crude oil prices also experienced a significant decline due to the postponement of the OPEC+ meeting over the weekend, contributing to the downward pressure on gold and silver prices," as per Rahul Kalantri, VP Commodities, Mehta Equities Ltd.