Latest Stock Market News

​Nothing is very cheap. So, they have all rallied. So, if you are of a view of seven, eight years, 10 years then this space has still potential to get bigger names.

Bitcoin remained strong after crossing $50,000 for the first time in over two years, thanks to inflows into exchange traded funds backed by the digital asset. It was last at $49,897.

The stock quoted a 52-week high price of Rs 6442.65 and low of Rs 4130.3.

As of 31-Dec-2023, promoters held 51.5 per cent stake in the company, while FIIs held 8.85 per cent and domestic institutional investors had 1.75 per cent.

PSU bank stocks such as Punjab and Sind Bank, Central Bank of India, Bank of Maharashtra, UCO Bank, and Indian Overseas Bank surged by 4-6%. Bank of India and Punjab National Bank (PNB) also rose over 3%.

A total of 342,981 shares changed hands on the counter till 12:49PM (IST)

The rupee declined marginally to 83.01 against the US dollar in early trade on Tuesday amid a muted trend in domestic equities. A stronger American currency and elevated crude oil prices also dented sentiments.

Among smallcaps, Kaveri Seed was LIC ownership reducing by about half to 2.66% in Q3. In MOIL, LIC stake fell from 7.42% to 5.46% quarter-on-quarter, shows ACE Equity data.

Forty-one of these 57 IPOs received a mega response of more than 10 times, with 16 IPOs garnering more than 50 times bids. Four issues even managed to cross over 100-times subscription.

Thirteen stocks are under the F&O ban list on Tuesday, February 13 viz. Aditya Birla Fashion and Retail (ABFRL), Ashok Leyland, Aurobindo Pharma, Balrampur Chini, Bandhan Bank, Biocon, Delta Corp, Hindustan Copper, India Cements, Indus Towers, Punjab National Bank (PNB), Steel Authority of India (SAIL) and Zee Entertainment Enterprises (ZEEL).