Latest Stock Market News

Fitch forecasts GDP growth of 6.9% in the fiscal year ending March 2024, which is well above its earlier forecast of 6.0%. However, growth is likely to ease to 6.5% in FY25, Fitch predicts.

Revenue from operations during the third quarter jumped 12% year-on-year (YoY) to Rs 2,422 crore. The same stood at Rs 2,157 crore a year ago

​The 52-week high acts as a significant technical indicator for traders and investors, representing the highest price a stock has reached in the previous year.​

BSE is seen to be breaking out of a pattern formation and making a bullish candlestick on the daily timeframe, which indicates strength.

Shares of Aster DM Healthcare jumped over 12% and hit a 52-week high of Rs 449.70 after the company announced a dividend from the proceeds of the sale of a majority stake in Gulf Cooperation Council business.

The proposed IPO consists of a fresh issue of Rs 450 crore and an offer for sale (OFS) of up to 2,412,685 equity shares.

ster DM is currently trading at 430 level, having recently experienced a robust breakout above the 423 level, marked by a significant runaway gap. This breakout was accompanied by strong volumes, indicating substantial strength in the stock.

For a sustained upward movement towards 22,300, Nifty needs to decisively break above 22,150. On the downside, the immediate support is located at 21,950 levels and a clear break below this level could trigger further corrections towards the 21,800 mark.