Latest Stock Market News

According to Trendlyne data, a SWOT analysis reveals that most of these stocks demonstrate strong fundamentals, indicating significant potential for sustained growth, with strengths outweighing weaknesses

PL Asset Management’s advanced quantitative models indicate a market shift towards low volatility, suggesting that less volatile securities are set to outperform. This change emphasizes that defensive factors and investment styles are currently outperforming more aggressive strategies

The formation of a third consecutive long bull candle on the weekly chart indicates a bullish "three advancing soldiers" pattern, signaling the continuation of the uptrend. This pattern suggests strong upward momentum and potential for further gains in the market.

BPCL Share Price: Nearly 3 crore shares were traded across both exchanges throughout the day, bringing the company’s total market capitalization to Rs 1.6 lakh crore.

I think investor communication on that front would be helpful in cooling off speculation. And I think the stock has now stabilised. But the last three days have been very volatile. So, clarity on that front will be helpful.

When valuations across the stock markets are high, one should look for sectors with macro tailwinds. Sectors and stocks with structural tailwinds do well in the long term, even if they come under pressure in the short term due to market conditions. And, remember, investing is about the long term. Healthcare is one such sector – and the numbers have clearly shown this in the last couple of years. There is one possible event risk which can hit the sector. But even if that were to happen, experience suggests it will be taken care of in the long term.

Even if you take the upper-quality NBFCs like Bajaj Finance and Chola and you do not really need to go down the risk curve and look at the growth rates. It is like 25-30% even after a slowdown in an economy where the nominal GDP growth rate is only 8.5%, so where is 8.5%, where is 25%.

Sensex and Nifty fell into the red on Friday, ending their seven-day winning streak, despite gains in some financial stocks.

The stock quoted a 52-week high of Rs 682.84 and a 52-week low of Rs 331.28.

A total of 31,939 shares changed hands on the counter till 02:09PM (IST).