Latest Stock Market News

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

As long as the stock is priced above the 200-day SMA on the daily time frame, it is generally considered to be an overall uptrend.

Firstly, the original Budgeted number for FY24 was very high, in my view. From where we are with the revised estimates for FY24, an estimate of Rs11.11 lakh crore is a reasonable increase.

When we have been evaluating the PSU pack, we are looking at it on a stock-by-stock or a business-by-business basis. As you rightly pointed out, the entire segment by itself has run up on the basis of the expectation of policy continuity, focus on efficiencies and valuations which were extremely cheap.

​Ideally, yes, it is a good time for this type of a company to come into the market. The market size is expanding. The size of the opportunity is huge. Probably, yes, market can digest a bit of more passenger vehicle companies. Maruti has been sort of losing market share to the Hyundais and the Kias and the Hondas of the world a bit, but still it is a large company.

160 companies, including Britannia Industries and FSN E-Commerce Ventures, will announce their December quarter earnings on Tuesday. Street will be closely watching these results. Other important results include Brigade Enterprises, Computer Age Management Services, Chambal Fertilizers and Chemicals, Eid Parry, Eveready Industries, Godrej Properties, JK Tyre & Industries, Lemon Tree Hotels, Nazara Technologies, Radico Khaitan, Tata Teleservices Maharashtra, and Zaggle Prepaid Ocean Services.

Britannia is expected to see a muted growth in numbers across parameters amid weak volumes, subdued rural demand, higher raw material costs, and likely price cuts in some categories.

According to market regulator Sebi, a primary factor contributing to the rise in unclaimed assets is incomplete nominations or unavailability of nominations. "This feeds into and impacts the consequent transmission process of the deceased/incapacitated holder of assets, making transmission an ordeal for (his/her) family."