Latest Stock Market News

Every day you talk to so many people, our investors, other stakeholders, everybody is saying why market is not correcting. So, market is just looking for some reason for correction which may or may not last for long and which may or may not be justified but that is what the market is all about.

The stock market rally is facing significant challenges, including US recession fears, weaker payroll growth, and concerns about growth in China and Germany. The S&P 500 and Nasdaq 100 experienced notable declines last week. Additionally, frothy valuations and the concentration of money in mega-cap tech stocks are creating new vulnerabilities.

Brokerages have started coverage on several stocks, including Aadhar Housing Finance, Chalet Hotels, Godawari Power & Ispat, and Praveg, predicting up to 40% upside potential.

The market capitalisation (mcap) of Infosys tanked Rs 17,061.44 crore to Rs 7,89,819.06 crore and that of Life Insurance Corporation of India (LIC) eroded by Rs 16,381.74 crore to Rs 6,57,009.14 crore

Tolins Tyres IPO opens September 9 with a price band of Rs 215-226. Grey market premium suggests a 13% gain. The company aims to raise Rs 230 crore, with notable anchor investors.

A long buildup signals bullish trends with rising open interest and volumes. On Friday, five stocks saw fresh long positions.

The Indian market closed in the red for the fourth consecutive day, with the Sensex falling over 1,000 points and Nifty50 below 24,900. Despite this, Glenmark Pharma, Piramal Pharma, and Suven Pharma showed positive trends. Analysts suggest a bullish outlook for these stocks based on recent technical indicators.

Expert stock predictions often miss the mark due to consensus bias. Success lies in spotting undervalued stocks before the market does. Understanding market expectations and avoiding common advice can yield better returns

Copper prices have dropped over 17% from their highs due to weak Chinese demand, high inventories, and a strong US dollar. Despite a long-term bullish outlook, near-term prices remain pressured

Indian benchmark indices saw a significant drop of over 1% on Friday due to weak global signals and regulatory challenges. Analyst Sahaj Agrawal from Kotak Securities discussed the market outlook, highlighting critical resistance levels for Nifty and Bank Nifty. He suggested focusing on specific sectors like Pharma, FMCG, and consumer durables for medium-term gains