The US debt ceiling negotiations and institutional flows will also be watched by investors
Adani vs Hindenburg: Gautam Adani-led Adani Enterprises shares will be removed from S&P Dow Jones Sustainability Indices due to alleged stock manipulation and fraud
As the Hindenburg report brought the company’s stocks crashing for two days, the share's current market price went below the lower band of the ongoing FPO
In initial trade, the BSE Sensex declined 92.7 points to 59,652.28 points while the NSE Nifty slipped 34.5 points to 17,519.80 points
Adani vs Hindenburg rout gets messy! Just a day after the Union Budget 2023 and Credit Suisse's report, most Adani Group stocks have tanked more and hit lower circuit
Adani Group's stocks crash: The Hindenburg Research that has created this havoc has reportedly been prepared after two years of research and investigation by this forensic financial research firm
Hindenburg vs Adani: Days after the Adani Enterprises stock witnessed massive selling along with others from Adani Group, Aswath Damodaran has valued the former at Rs 945
Elsewhere in Asia, equity markets in Seoul, Shanghai and Hong Kong traded in the green.
Global cues, movement of the rupee, Brent crude oil and foreign funds will also influence Dalal Street this week, they added.
At the NSE, it started the trade at Rs 575. Its market valuation was at Rs 2,542.38 crore on the BSE.
The 30-share BSE index was trading 115.09 points or 0.18 per cent higher at 62,685.77 in initial deals.
The total AUM (asset under management) of equity and debt passive funds tracking Nifty indices is Rs 4.35 lakh crore.
Asian shares were mixed on Wednesday as investors awaited the outcome of the U.S. midterm elections and a major inflation update due later in the week.
SBI's net profit in second quarter of the current financial year rose 74 per cent to Rs 13,265 crore from Rs 7,626.57 crore during the same period last year.
Stocks showed mixed signs on Wall Street on Wednesday, adding to weekly gains and losses for major indexes as quarterly results from several big technology...
The 30-share BSE Sensex declined 315.91 points to 58,791.28 in early trade. Similarly, the broader NSE Nifty fell 90.2 points to 17,422.05.
The Nifty Futures on Singapore Exchange also known as SGX Nifty Futures fell 0.77 per cent or 133 points to 17,080 amid weak global cues.
Snapping its two-day gaining streak, the 30-share BSE Sensex declined 30.81 points or 0.05 per cent to settle at 58,191.29.
Tata mutual fund on Friday launched the CRISIL-IBX GILT Index Fund, a target maturity index fund that seeks to capitalise on risk-free government securities...
On Tuesday, the BSE Sensex rose 456 points to 60,571, while the Nifty50 climbed 134 points to 18,070 and formed a small-bodied bullish candle on the daily...
The Nifty Midcap 100 and Nifty Smallcap 100 surged up to 0.9 per cent
The 30-share BSE benchmark Sensex tanked 1,154.78 points to 53,053.75 in early deals tracking weak global markets, persistent foreign fund outflows and a spurt...
The broader markets were also weak with the BSE MidCap and SmallCap indices slumped up to 2 per cent.
Tata Steel, L&T, Maruti, Titan, M&M were among the major gainers, rising up to 1.2 per cent.
Asian markets got off to a shaky start on Monday as US stock futures took an early skid on Fed rate worries
