Latest Stock Market News

A total of 739,654 shares changed hands on the counter till 12:02PM (IST)

The stock quoted a 52-week high price of Rs 3750.0 and a 52-week low of Rs 1968.25.

Five Nifty 200 companies reported rising EPS for four consecutive quarters, indicating improved profitability, strong management, and potential for sustainable growth, enhancing investor confidence.

Electrification is a global trend, gaining momentum from electric vehicles (EVs) and data centers, according to a Motilal Oswal report. Power stocks have thrived, with the 13-stock BSE Power index yielding 90% returns over the past year. Four stocks delivered multibagger gains of 221% to 103%, while others achieved high double-digit returns of 94% to 75%.

Reliance Power Share Price: Reliance Power shares surged 46.6% over eight sessions, hitting a 52-week high as the company plans a Rs 1,525 crore equity issuance for expansion and debt reduction.

HDFC Bank shares, after hitting an all-time high in July 2023 and then declining post-merger, are now nearing a breakout. The stock has shown strong positive momentum, but traders should watch for potential pullbacks. Experts suggest key support levels and potential targets for strategic trading.

Nuvama Wealth Share Price: Shares of Nuvama Wealth increased by 182% in the last one year while in the current year so far, the stock has gained 90%. According to the BSE analytics, the shares have gained 45% and 39.5% in the last 6 and 3 months respectively.

​I do not think that the oil price necessarily at the moment harbingers a slowdown, although clearly there is slowdown in some of the global markets and it might actually be quite positive for growth. So, I think that the oil price at the moment is really more of a neutral rather than an indicator either way.

A long buildup indicates bullish trends.On Friday, five stocks registered fresh long positions in the Futures and Options segment.

The stock traded at a P/E multiple of 40.53, while the price-to-book value ratio stood at 7.3.