Produced by: Prashanti Moktan Designed by: Manoj Kumar
The Tata Group is set to launch its very first IPO in two decades with the Tata Technologies IPO, which is set to open for subscription today (November 22). Tata Technologies IPO price band has been set at Rs 475 to Rs 500 per share. Tata Technologies IPO GMP was at Rs 355 as of 10:25 pm on Nov 21. Tata Technologies shares will list on the BSE and NSE with the tentative listing date of December 5
Flair Writing IPO, Fedbank Financial Services IPO and Gandhar Oil Refinery IPO are also set to open for subscription today (November 22). All the three IPOs are mainboard IPOs that will list on the BSE and NSE with the expected listing date being December 5
Mamaearth’s parent company Honasa Consumer Ltd, shares of which listed on the bourses on Nov 7, will release its quarterly earnings for July-September 2023 today (November 22). Honasa Consumer share price was up by 4.66% at Rs 366 on the NSE at closing on Nov 21
Oil India Ltd, Crisil Ltd, IPCA Laboratories Ltd, NALCO, TD Power Systems Ltd and Pearl Global Industries Limited shares are set to trade ex-dividend today (November 22)
"Markets snapped the recent losing streak and ended higher despite a mixed trend in other Asian indices and weakness in European gauges. Cautious optimism prevailed in the market as investors resorted to selective buying in an uncertain market. Corporate earnings season is coming to an end and the market is awaiting fresh cues to take exposure. Technically, Nifty needs to reclaim the 19,889 mark to unleash fresh upside. Nifty’s biggest supports are placed at the 19,471 mark,” said Prashanth Tapse, Research Analyst-Sr VP Research, Mehta Equities Ltd
"The Nifty is currently trading in a range of 19,625 to 19,875, and it is anticipated that prices will remain sideways… The index has a support zone around 19,700-19,600. Analysing the Open Interest (OI) data, the call side exhibited the highest OI at 19,900, followed by 20,000 strike prices. On the put side, the highest OI was observed at the 19,700 strike price,” said Mandar Bhojane, Research Analyst, Choice Broking
"The Bank Nifty is displaying neutral candlesticks at the bottom, taking support from the 20-day and 200-day exponential moving averages (EMA), indicating price stability in the market… For Bank Nifty, the support levels are identified at 43,500-43,300, while resistance is positioned at 43,900-44,000 levels. Overall, the market seems to be displaying stability with key support and resistance levels in focus,” said Mandar Bhojane, Research Analyst, Choice Broking
“The rupee showed some recovery from their lows after yesterday's fall against the dollar but recovery is with very low margin i.e. only by 2 paisa. The domestic equity markets also gained as well as weakness in the dollar index and the U.S. bond yields could support rupee at lower levels in the upcoming sessions. We expect a rupee to remain volatile this week amid volatility in the dollar index and a pair could trade in the range of 83.20-83.64,” said Rahul Kalantri, VP Commodities, Mehta Equities Ltd
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