Latest Stock Market News

Rate this item

(1 Vote)

​The FIIs flows were something which was keeping the markets high and it was DIIs which were keeping a quiet note. Probably the 1.5 lakh crore odd figure that these mutual funds hold on their accounts, that is something which is the domestic liquidity that we have seen will be a litmus test.

Berger Paints dropped 6% to Rs 582.8, while Asian Paints fell 4.4%. Kansai Nerolac, Akzo Nobel, and Indigo Paints also saw declines of up to 3%. Similarly, tyre stocks like Apollo Tyres, Balkrishna Industries, Ceat, Goodyear, JK Tyre, and MRF plunged by up to 4%. The fall in paint and tyre stocks is attributed to rising crude oil prices, as both sectors heavily depend on petroleum-based raw materials.

The Relative Strength Index of the stock stood at 50.91 on Thursday.

Nilesh Shah, MD of Kotak AMC, advises investing in sectors with reasonable valuations and high floating stocks. He anticipates market volatility and sector rotation from micro and small caps to larger caps, and from sectors like defence and real estate to banks, FMCG, and telecom. Earnings and foreign investment flows will be key drivers.

Cybersecurity has become a critical concern for crypto investors as the number of security breaches, frauds and hacking attempts in the ecosystem increases. To help investors better protect their assets, Mudrex will collaborate with experts from the crypto and cybersecurity industries to share tips, case studies, and success stories on staying protected from emerging threats.

Varun Beverages shares down 3.96% as Nifty drops

Updated at : 2024-10-03 14:30:01

Rate this item

(1 Vote)

A total of 533,069 shares changed hands on the counter till 02:10PM (IST).

Bajaj Finserv shares down 2.19% as Nifty drops

Updated at : 2024-10-03 13:20:01

Rate this item

(1 Vote)

Bajaj Finserv share price today: Bajaj Finserv stock opened at Rs 1961 and touched an intraday high and low of Rs 1970.75 and Rs 1927.25, respectively, in the session so far. Bajaj Finserv quoted a 52-week high of Rs 2029.90 and a 52-week low of Rs 1419.05. The closing price of the stock on the previous day was Rs 1975.25. A total of 488,428 shares changed hands on the counter till 11:46AM (IST).

​I think it is healthy that after seeing a very significant up move in the last one year, if they go through a bit of a pause, we should not complain about it and you will find some good opportunities wherever you see meaningful correction in the broader market as well.

Rate this item

(1 Vote)

AMFI may grant RVNL and Suzlon Energy large-cap status in February 2025, according to early predictions by Nuvama Alternative Research. These two stocks, currently classified as mid-cap based on a threshold of Rs 27,500 crore, are expected to enter the large-cap category, which will have a cut-off of Rs 1 lakh crore based on current average market-cap levels.

Garuda Construction and Engineering Ltd has announced a price band of Rs 92-95 per share for its Rs 264-crore IPO. The IPO will open for subscription on October 8 and close on October 10. Major proceeds will be used for working capital and corporate purposes. The company is engaged in various construction projects with a significant order book.

Warning! Information Posting in this website is only for educational purpose. We are not responsible for losses incurred in Trading based on this information.