Latest Stock Market News

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.

​A 5-year swing high represents the highest price a stock has reached within a five-year period.