Latest Stock Market News

PI Industries Ltd. key Products/Revenue Segments include Agri inputs, Export Incentives, Sale of services and Scrap for the year ending 31-Mar-2023.

Sanjiv Bhasin highlights the strength of the cement sector, particularly UltraTech, ACC, and Ambuja. Cement is going through the roof. Look at the price. There is a cartel. 53% of market share is with five players. UltraTHe recommends buying Dalmia Cement on declines. Bhasin believes these stocks will continue to be re-rated and perform well in the current market.

Vinati Organics Ltd., incorporated in the year 1989, is a Mid Cap company (having a market cap of Rs 16311.00 Crore) operating in Chemicals sector.

Interestingly, several public sector companies have found them in this list and these stocks have more than doubled retail investors’ money in the last 10 months.

BofA Securities recommended an underperform rating on NHPC with a target price of Rs 63. The Q3 earnings were a miss on lower generation led by lower water availability.

Short-term traders can look to buy the stock for a possible target of Rs 841 in the next 1-2 months, suggest experts.

This uptrend reflects an increasing number of participants either initiating new positions or expanding the size of their existing positions within the futures market.

As of 31-Dec-2023, promoters held 0.0 per cent stake in the company, while FIIs held 35.58 per cent and domestic institutional investors had 36.01 per cent.

Following the rise in Bitcoin and other altcoins, the global cryptocurrency market cap surged 3.8% to around $1.87 trillion in the last 24 hours.

​As I see it, many of these companies probably may demand some amount of inclusion into the smallcap index, but I would feel that here the time is a little bit more watchful, careful.