🎈 Up Big Today: Find today's biggest gainers (some over 50%!) with our free screenerTry Stock Screener

Bajaj Finance trading volume dips, oil prices fall, and GIFT Nifty declines

EditorPollock Mondal
Published 11/16/2023, 02:29 AM
© Reuters.
LCO
-
CL
-
BJFN
-
US10YT=X
-

MUMBAI - Bajaj Finance experienced a significant decrease in trading volume today, with the number of units traded dropping to 741,972 from its weekly average of 1,923,440 units. This decline in activity comes amidst a broader market environment where key indices and commodities have also seen movements.

Oil prices have retreated, with Brent crude falling by 0.85% to $80.49 per barrel and Nymex crude declining by 0.91% to $75.96 per barrel. In the currency markets, the U.S. Dollar Index is currently at 104.4, reflecting the dollar's strength against a basket of other major currencies.

In the bond market, the yield on the U.S. 10-year bond is standing firm at 4.50%, which is a significant indicator for investors on the trajectory of interest rates and economic expectations.

The GIFT Nifty index edged lower early in the day by 12 points to stand at 19,752.5. In the cryptocurrency space, Bitcoin saw a modest decrease of 0.45%. Additionally, there were price band revisions for EMS and Bliss GVS Pharma.

Corporate announcements included interim dividend declarations with Bayer (OTC:BAYRY) Cropscience and Power Grid setting their ex/record dates for these payouts to shareholders. These developments are particularly important for investors tracking income-generating stocks.

Moreover, insider trading activity was reported between Sunday and Monday as Arti Mody of Sasken Technologies and Jagdish Kumar Arora of Som Distilleries & Breweries purchased shares in their respective companies while Nidhi Rajgarhia of Usha Martin sold shares.

Market participants are keeping an eye on these movements as they may signal broader trends or company-specific developments that could impact investor decisions and market sentiment.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.