Latest Stock Market News

Adani Total Gas Q3 Results: Revenue from operations rose 5% year-on-year (YoY) to Rs 1,244 crore in the October-December period compared with Rs 1,185 crore in the same period last year.

Keki Mistry believes that the fiscal consolidation process will continue in India. He does not think it is too early to take the pedal off on capex given the volatile global environment. Mistry expects the allocation towards affordable housing to increase, as it generates employment and has a multiplier effect on the economy. He believes that the government will see enough interest in market borrowing with the inclusion in the bond index, which will bring liquidity and strengthen the foreign exchange position.

Bajaj Finserv Q3 Results: The strong earnings growth was backed by a robust show by the arm Bajaj Finance Ltd.

Rajagopal Menon says Indian crypto industry seeks level playing field, stable banking connections, and optimized taxes in upcoming budget. Regulatory measures expected to address TDS reduction, loss tax rule change, and taxation alignment with equity shares. Support for innovation and blockchain development crucial, G20 roadmap to be followed, optimized crypto taxes to boost investor confidence and encourage investment in Indian crypto ecosystem are needed. Closer collaboration between industry and government also needed for balanced regulation and mutual benefits.

Shares of Vodafone Idea were up 1.3% on Tuesday morning in early trade, a day after the telco narrowed its December quarter net loss to Rs 6989 crore on the back of a one-time exceptional gain as well as lower finance and operational costs, though the stressed telco continued to lose millions of subscribers to its bigger rivals.

Coming to the buildup of fresh short positions, When the stock prices move downward and open interest on the counter increases, it is taken as a sign of a short build-up.

In Tuesday’s trading session, the following five stocks witnessed a build of fresh long positions. Let us first understand how this conclusion is reached whether the stock has seen a buildup of fresh long position or not.

Renault shares rose as much as 4.5% in early session trade on Tuesday after the company ditched plans to list its electric vehicle business Ampere because of sluggish stock market conditions.

The stock quoted a 52-week high of Rs 338.9 and a 52-week low of Rs 251.25.

Shares of Tata Investment Corporation soared 19% to hit a 52-week high of Rs 5,749.70 on the NSE on Tuesday after the company posted a 62% year-on-year (YoY) jump in its standalone net profit for the quarter ended December 31, 2023, at Rs 24.08 crore.