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Trade Spotlight | What should be your strategy for MapmyIndia, Coforge, KPIT Technologies today? November 17th, 2023 07:27
Coforge has formed robust bullish candlestick pattern on the daily scale with above average volumes. In fact, there was a consolidation breakout in previous session, and now the stock traded above all key moving averages, which is positive sign.

Stockarchitect
UCO Bank wrongly credits Rs 820 crore to many accounts November 17th, 2023 06:27
The bank on Friday informed the stock exchanges that it recovered Rs 649 crore, which is 79% of the amount wrongly credited to account holders between November 10 and November 13. The bank has blocked the recipients’ accounts and has taken the IMPC system offline to prevent further drain.

Stockarchitect
Indices rally for 2nd day on buying in IT stocks November 17th, 2023 06:27
The BSE Sensex climbed 306.55 points or 0.47% to settle at 65,982.48. During the day, it jumped 682.44 points or 1% to 66,358.37.

Stockarchitect
Tata Tech's Rs 3,042-crore IPO to open on Nov 22 November 17th, 2023 06:27
The issue size is estimated at ₹2,890 crore at a lower price band and ₹3,042 crore at the upper price band. The issue will close on November 24.

Stockarchitect
IT gains on hopes low inflation in US can spur revival in tech spends November 17th, 2023 06:27
The US consumer price index remained unchanged month on month and rose 3.2% on year in October, both lower than what economists had forecast, sparking a stock market rally after the numbers were published on Tuesday on hopes that the Federal Reserve may stop raising interest rates.

Stockarchitect
Low-cost funds seen to slow transmission of rate changes November 17th, 2023 06:27
The authors pointed out that while the increase in term deposit rates in the latest tightening cycle has outstripped that in lending rates, savings deposit rates of banks - which represent a third of total deposits - stayed almost unchanged.

Stockarchitect
Rajesh Exports fails to provide vital data, NSE asks it to clarify November 17th, 2023 06:27
The exchange has also sought clarification about the auditor's report, which deviates from the format prescribed by Sebi.

Stockarchitect
Wall St rally takes breather as Cisco, Walmart drop November 16th, 2023 23:27
While money markets have fully priced in a probability that the Fed will hold rates steady in its December meeting, they see about 62% odds of an at least 25 basis point rate cut in May, according to CME Group's FedWatch tool.

Stockarchitect

Stockarchitect
Oil prices dive on US crude build and China concerns November 16th, 2023 22:27
Brent futures were down 70 cents at $80.48 a barrel by 1250 GMT. U.S. West Texas Intermediate crude (WTI) shed 65 cents to $76.01. Both benchmarks fell more than 1.5% in the previous session.

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