Latest Stock Market News

Options traders are less wary of Indian banks, with hedging costs near January lows. Despite underperformance, private banks like HDFC and ICICI are expected to outperform as valuations reflect concerns.

With crude prices declining, companies in the paints, rubber, plastics, and chemicals sectors are poised to benefit.

​On the other hand, in the debate she has made a pretty good fight of it and had Trump on the back foot quite a bit.And, of course, American elections are not won by the rich necessarily. They are run by the mass of the people. If the mass of the people move in her direction, we could see America move slightly more towards the left which would mean that, yes, we will see more taxes and it will be slightly negative for the market. But I think at the end of the day, the market has got other issues to think about.

Farah Mourad from Equiti Group discusses the impact of falling crude oil prices on global economies. Lower oil prices benefit central banks and countries facing high inflation but pose challenges for oil-dependent nations. The article also explores the potential effects on emerging markets like India and the overall global economic growth.

The Relative Strength Index of the stock stood at 65.98 on Wednesday.

Zomato Share Price: Zomato shares surged 15.5% to a record high of Rs 280.60, driven by a Paytm deal, positive broker ratings, and strong earnings growth. Jefferies targets Rs 335, predicting significant delivery revenue growth.

On Wednesday, Mach Conferences and Events made its debut on the BSE SME platform, listing with a 33.3% premium. The shares opened at Rs 300, well above the issue price of Rs 225. Prior to the listing, the stock was trading with a grey market premium (GMP) of about 76%.

A total of 8,986 shares changed hands on the counter till 10:45AM (IST)

A long buildup happens with rising open interest and volumes, indicating bullish trends. On Wednesday, five stocks saw new long positions.

The stock quoted a 52-week high price of Rs 1556.75 and a 52-week low of Rs 1011.5.