Latest Stock Market News

The closing prices of three stocks from Nifty200 pack dropped over 1.5% relative to the VWAP (Volume Weighted Average Price).

The Indian market is expected to trade higher on Tuesday, influenced by positive global cues. Nifty futures closed with a gain of 0.25% on Monday. Analysts suggest a broader trading range between 24,900 to 25,800 zones. Key stock recommendations include Infosys, Hindalco, and IndusInd Bank for short-term gains.

Brokerages have recently initiated coverage on eight Indian stocks, including Bajaj Finance, CCL Products, and AU Small Finance Bank, highlighting their growth potential. The optimism is driven by favorable domestic and international economic conditions. Stocks like CCL Products are expected to see significant upside due to advanced technology and strategic expansion efforts.

Kotak Mahindra Bank Ltd. key Products/Revenue Segments include Interest & Discount on Advances & Bills, Income From Investment, Interest On Balances with RBI and Other Inter-Bank Funds and Interest for the year ending 31-Mar-2023.

PVR INOX Ltd., incorporated in the year 1995, is a Mid Cap company (having a market cap of Rs 16583.95 Crore) operating in Media & Entertainment sector.

As the US Fed meeting starts, Sensex and Nifty opened flat; FMCG stocks rose, while Tata Motors dropped after a block deal.

According to the stockedge.com data, on September 16, seven stocks from the NSE large-cap pack appeared in the RSI Trending Up scan.

Gold October futures opened flat at Rs 73,428 per 10 gram on Tuesday, while silver December futures traded at Rs 89,653/kg. Gold prices have risen by Rs 1,500/10 gm and silver by Rs 6,000/kg in the past week. The market anticipates a U.S. interest rate cut soon.

As of September 16, four NSE F&O stocks saw a 15% rise in futures open interest from the previous trade.

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