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5paisa Research Team || Nifty Prediction for 21st November The Nifty index broke its seven-day losing streak, closing above the 23,500 mark with slight gains. After opening on a positive note, the benchmark indices maintained upward momentum for most of the session. However, late selling pressure eroded earlier gains, and the Nifty ultimately settled at 23,518, up by 64.70 points. Join the Club of Lakhs of Tech-Savvy Investors! Open Account Now On the daily chart, the index struggled to hold above its 200-day SMA, which ser

5paisa Research Team || FirstCry IPO Allotment date, and Listing Details The FirstCry IPO concluded on 8th August 2024 with an overall subscription rate of 12.22 times. The company's shares will be listed on the NSE and BSE mainboard on 13th August 2024. By the end of the subscription period, the IPO had received bids for 60,64,27,424 shares, surpassing the 49,639,004 shares on offer. The FirstCry IPO garnered interest across various investor categories. Qualified Institutional Buyers (QIB) led with a subscription rate of 19.30 times, fol

5paisa Research Team || Tunwal E-Motors IPO Subscription Status on Day-1 at 1.95 Times As of 5.05 pm on 15th July 2024, out of the 186.20 lakh shares on offer in the IPO (excluding the market maker portion), Tunwal E-Motors saw bids for 362.24 lakh shares. This implies an overall subscription of 1.95X at a macro level. The granular break-up of subscriptions as of the close of the first day of the Tunwal E-Motors IPO was as follows: Market Makers (1.00X) HNI / NII (1.03X) Retail (2.86X) Total (1.95X) The

Sachin Gupta ||

Ruchit Jain || Nifty Prediction for Tomorrow - 16th July Nifty traded within a narrow range in Monday’s session, but continued its gradual up move and ended just below 24600 with gains of one-third of a percent. The benchmark index traded within a range in Monday’s session, but it continued its uptrend as the broader markets witnessed positive momentum. Since there are no signs of reversal yet, the overall trend remains positive and hence traders should continue to trade with a positive bias. However, the RSI readings on the Nifty

Ruchit Jain || Nifty Prediction for Tomorrow - 15th July In the week gone by, Nifty consolidated within a range for most part of the week. But fresh buying interest in the IT names post the TCS results propelled the benchmark higher and the index registered a new record to close above 24600. The index consolidated within a range in the last few sessions where it did not breach its short term support, and the positive momentum in the IT stocks in the last trading session led to a resumption of the uptrend. The RSI oscillator hints at a

Ruchit Jain || Nifty Prediction for Tomorrow - 12th July Nifty consolidated within a narrow range on the weekly expiry day and ended above 24300 on a flat note. The index has been consolidating within a range since last few days while stock specific momentum has been seen in the broader markets. However, this consolidation is above the short term support of 20 DEMA which is placed around 23950. Till this support is intact, this consolidation should be seen as a time-wise correction within an uptrend and the positive momentum should re

Tanushree Jaiswal || When we talk about the biggest and most powerful companies in India, we're often referring to the Maharatna companies. These are like the crown jewels of India's business world, playing a crucial role in the country's economy and development. What Is a Maharatna Company? Imagine you're playing a business game, and some players get special powers. That's what Maharatna's status is like in the real world of Indian business. Maharatna companies are the top dogs among India's government-owned businesses, also known as Pub

Tanushree Jaiswal || Indian stock markets are on a bull run reaching new highs and benefiting investors with profits. On 3rd July 2024, S&P BSE Sensex surpassed 80,000 mark for the first time. Sensex has seen milestones in its journey marking rapid gains and occasional slowdowns over the years. From its inception index has displayed remarkable growth achieving a compounded annual growth rate (CAGR) of approximately 16% over 45 years. Recent surge from 70,000 to 80,000 mark stands out as the shortest span for a 10,000 point increase ta

Tanushree Jaiswal || Quant mutual funds have been making waves in the Indian investment world lately. Investors are buzzing about their impressive growth and unique approach. But what's behind their recent success? Let's dive in and explore why Quant mutual funds are topping the charts and catching everyone's attention. Overview of Quant Mutual Fund Quant Mutual Fund has seen remarkable growth in recent years. As of May 2024, it manages 27 funds with a total asset under management (AUM) of over ₹84,000 crore. What's even more impressive i

Tanushree Jaiswal || National Stock Exchange of India (NSE) has introduced a new rule to make the pricing of IPOs on the SME platform more consistent. This change aims to standardize how IPO prices are set. The article will explain what this new rule is, what it means for investors and companies and why NSE decided to implement it. 90% cap on SME IPOs: What does it mean? National Stock Exchange of India (NSE) has introduced a new rule for small and midsize enterprises (SMEs) listing their shares. From now on, there will be a limit on how

Tanushree Jaiswal || Indian mutual fund industry has been experiencing rapid growth becoming a popular investment choice for many people across the country. In just the first two months of the current fiscal year (FY25), the mutual fund sector saw the addition of 81 lakh new investor accounts. According to the latest data from the Association of Mutual Funds in India (AMFI), as of the end of May, the total number of mutual fund accounts (folios) reached 18.6 crore. These figures highlight the growth and milestones achieved by the mutual fund in

Tanushree Jaiswal || In June 2024, mutual fund industry experienced changes in fund flows across various schemes. According to data released by the Association of Mutual Funds in India (AMFI), the industry's assets under management (AUM) increased to ₹60.89 lakh crore. Investments via systematic investment plans (SIPs) also saw a rise, with contributions reaching ₹21,262 crore in June, compared to ₹20,904 crore in May. The number of new SIPs registered during June was 55,12,962 bringing the total number of active SIP accounts to 8,98,66,962.

Tanushree Jaiswal || Investing in mutual funds just got a whole lot easier! Imagine having a single key that opens all your investment doors. That's exactly what a Common Account Number (CAN) does for mutual fund investors in India. It's like a magic wand that simplifies your investment journey and helps you keep track of all your mutual fund investments in one place. What Is A Common Account Number (CAN) In a Mutual Fund? A Common Account Number, or CAN for short, is a unique identification number given to mutual fund investors by the Mu

Tanushree Jaiswal || Investing your hard-earned money wisely is crucial for achieving your financial goals. If you're looking for a short-term investment option that offers potential growth and flexibility, a Systematic Investment Plan (SIP) for one year might be just what you need. Let's explore the world of 1-year SIPs and discover the best options available in 2024. What Is A Systematic Investment Plan (SIP)? A Systematic Investment Plan, commonly known as SIP, is a popular investment strategy that allows you to invest a fixed amount r

Tanushree Jaiswal || Time is a critical factor in options trading that can significantly impact an option contract's value and potential profitability. One concept that options traders need to be familiar with is "time decay," which refers to the gradual erosion of an option's value as it expires. This phenomenon is a natural consequence of the time-sensitive nature of options and can significantly affect trading strategies and decision-making. What Is Time Decay? {{ stocks_table('Top Stocks to Buy') }} Time decay, also known as theta

5paisa Research Team || Nifty registered a new record of 22500 during last week, but it witnessed some profit booking at the start of this week and ended the day above 22300 with a loss of about three-fourths of a percent. In Monday’s session, our markets witnessed profit booking at the start of the week where the small cap index corrected by a couple of percent. As of now, this dip seems to be a correction within an uptrend as the technical indicators are still positive and the index is trading above its crucial supports. In the deriva

5paisa Research Team || Nifty started the first day of the week around 22400 and traded within a narrow range throughout the day. The index ended around the opening levels itself, thus forming a small ‘Doji’ candlestick pattern on the daily chart. After a time-wise corrective phase for about a month, our markets resumed positive momentum last week after the GDP data. The rollover in Nifty was in line with its 3-month average while the same was lower than average in the Bank Nifty. We witnessed a long formation on the first day of the ne

5paisa Research Team || Nifty started the week marginally negative and the index traded within a narrow range throughout the day. Amidst stock-specific momentum, Nifty ended the day above 22100 with a loss of less than half a percent. During last week, Nifty registered a new all-time high but momentum has been lacking since the midcap index has entered a consolidation phase. In Nifty, the recent up move has been because of some short covering and we have not seen significant long build-up. FIIs have reduced some of their net short posit

Tanushree Jaiswal || Good Afternoon, Dear reader, In bustling Indian startup scene, we may not have disruptor like Elon Musk, but we do have our own maverick founders. Chief among them is Gaurav Munjal, mercurial co-founder of Unacademy. Munjal isn’t here to make friends. Amidst swirling rumors of impending sale or merger, he remains as defiant as ever, wielding his social media presence like megaphone. Unlike his competitor Byju Raveendran, who prefers curated & managed media appearances, Munjal thrives on being media-aggressive. H

Tanushree Jaiswal || The PLI Scheme has truly impacted India’s telecom and electronics manufacturing industries. It was created to boost local production and reduce dependence on imports. Since it started, it has delivered impressive results in a short period. Over the past three years, India's Production Linked Incentive (PLI) scheme for the telecom sector has been a gamechanger. It has attracted investments amounting to ₹3,400 crore, resulting in a remarkable surge in domestic telecom equipment production, valued at over ₹50,000 crore. Thi

Tanushree Jaiswal || In this week's wrap-up, we delve into anticipated IPO of Hyundai Motor India Limited (HMIL), providing insights into why Hyundai India is going public, its expected valuations, & broader implications for Indian car market. Hyundai India: Going Public Hyundai India, second-largest passenger carmaker in country, has filed its draft red herring prospectus (DRHP) with Securities & Exchange Board of India (SEBI) to launch its initial public offering (IPO). This move comes as India's car market booms, with 4 millio

Tanushree Jaiswal || In a notable surge, housing sales across India's top 30 tier-II cities rose by 11% during the fiscal year 2023-24, driven by robust economic growth, infrastructure development and increased aspirations for home ownership. According to PropEquity, a leading real estate data analytics firm, the total housing units sold reached 207,896, up from 186,951 units in the previous fiscal year. Regional Highlights Chandigarh Leads Growth: Chandigarh witnessed the highest jump in housing sales with an impressive 89% increase year

Tanushree Jaiswal || Unified Payments Interface (UPI) has revolutionized digital transactions in India, making money transfers quick and easy. However, like any technology, UPI can sometimes face issues. When problems arise, knowing how to register a complaint is crucial. Let's explore the process of filing a UPI complaint online and get your transactions back on track. Why Should You Raise a UPI Complaint? Raising a UPI complaint is important for several reasons: 1. Protect your money: If you've sent money to the wrong account or face

Tanushree Jaiswal || Imagine your financial toolbox. Every tool has a specific purpose: to keep your finances secure. A fixed deposit (FD) is like a sturdy toolbox. It safely stores your money and allows it to grow steadily, perfect for saving towards short-term goals. Life insurance, on Life insurance, on the other hand, is like a multi-purpose tool. It protects your loved ones in unforeseen circumstances while offering potential long-term savings benefits. Both FDs and life insurance are valuable tools. Still, they play distinctly differen

Tanushree Jaiswal || Inflation can be a real headache for investors. It eats away at the value of your money, making your investments worth less over time. But what if there was a way to protect your investments from inflation? That's where inflation-indexed bonds come in. Inflation-indexed bonds, also called inflation-linked bonds or real return bonds, are special bonds designed to shield investors from rising prices. Unlike regular bonds that pay a fixed amount, these bonds adjust their payments based on inflation rates. This means your in

Tanushree Jaiswal || A responsible citizen must file income tax return on time. The deadline for filing tax returns for individual taxpayers is 31st July of the assessment year. Waiting until the last minute and rushing to file can lead to errors in the information you disclose which could negatively affect your tax return. You can file your returns either manually or online. Since the financial year 2016-17 e-filing has become mandatory if you're claiming a refund or if your total income exceeds ₹2,50,000. However, under the new tax rules this

5paisa Research Team || Highlights 1. The recent NTPC Green Energy IPO has garnered significant attention, marking a key milestone in India's renewable energy sector. 2. Following the successful IPO, NTPC Green Energy stock has seen a notable surge, reflecting investor confidence in the company's long-term growth. 3. As India continues to invest heavily in its renewable energy sector, NTPC Green Energy stands out as a leading player in this transformation. 4. The growth potential of NTPC Green Energy is immense, with its strategic i

Tanushree Jaiswal || Why Apollo Tyres Share is in Buzz? Apollo Tyres Limited (NSE:APOLLOTYRE) has garnered significant attention in stock market for multiple reasons. Despite its relatively low price-to-earnings (P/E) ratio of 16.3x compared to Indian market average, company has shown robust earnings growth. Over past year, Apollo Tyres posted impressive earnings increase of 132% & cumulative three-year growth of 1,136%. However, future growth forecasts by analysts suggest more modest annual increase of 11% over next three years

Tanushree Jaiswal || Mphasis Share movement of the Day Why Mphasis Share is in Buzz? Mphasis Ltd has recently caught the attention of investors due to its notable performance. The company's share price surged by 12.47% over the last month, outpacing the BSE Information Technology index's 9.37% gain and the SENSEX's 4.52% rise. On a single day, Mphasis rose by 5.39%, reflecting strong investor sentiment. Fundamental Analysis Stock Performance Mphasis stock price hit a record high of ₹2835 on February 19, 2024, and c

Tanushree Jaiswal || In first quarter of FY25, Tata Elxsi reported mixed financial results. Despite year-on-year revenue growth, company faced declines in net profit, attributed to higher expenses & increased tax rates. This report provides comprehensive analysis of Tata Elxsi's Q1-FY25 performance, covering key financial metrics, segment-wise performance, & market reactions. Tata Elxsi Key Financial Metrics Metric Q1 FY25 Q1 FY24 QoQ Change YoY Change Revenue from Operations ₹

Tanushree Jaiswal || ChatGPT can code your website. Another AI tool, Midjourney AI, can generate an image of Kareena Kapoor riding a bicycle just by responding to a prompt. AI tools are now doing things that were once hard to imagine. They're changing voices, analyzing documents, and potentially revolutionizing various industries. But can AI also pick your stocks? To find out this. A financial comparison site called finder.com conducted an experiment. They asked ChatGPT to create a stock portfolio following investment principles from reputab

Prakarsh Gagdani || Bucking media opposition, popular perception and Hillary Clinton’s campaign, Donald Trump has emerged as the 45th president of the United States of America. With Trump in the White House now, his agendas which formed basis for his win will have implications on India. These would result from his New Tax Plan, plans to bring jobs back to America, the Energy plan and his views on terrorism. The most prominent impact would be felt by the India IT companies as major portion of these companies’ revenues come from the outsourcin