Latest Stock Market News

When the closing price falls below the VWAP, it signifies that the closing price is lower than the average price at which it was traded throughout the day, with the average being weighted by trading volume.

As of 30-Sep-2023, promoters held 0.0 per cent stake in the company, while FIIs held 7.93 per cent and domestic institutional investors had 3.2 per cent.

"RSI trending up" means that the Relative Strength Index (RSI) values are increasing, suggesting strengthening momentum in the price of the stock

“The onus now on the platform is to figure out ways to help customers do better because it is one thing to expand and get new people in but it is equally important to find ways to keep them invested. A challenge on platforms like us would be to help your customers do better in terms of money.”

The Relative Strength Index of the stock stood at 48.89 on Wednesday.

The stock traded at a P/E multiple of 10.07, while the price-to-book value ratio stood at 1.27.

Indian headline indices traded in the red on Wednesday amid selling pressure in bank and IT stocks. While the S&P BSE Sensex was down 168 points or 0.24% at 10 am and was trading at 69,382, the broader Nifty50 declined 43 points or 0.21% to trade at 20,848.

“It is hard to put a number in terms of the volume of AIFs that has been raised but overall I would say on an annual basis private credit across the return spectrum of 14 to let us say 22%. The market has the capacity to absorb at least a couple of billion dollars a year.”

Some $5 trillion in U.S. stock options are set to expire on Friday, 80% in S&P 500-linked contracts - the largest such expiration in at least 20 years - according to Asym500 MRA Institutional, a unit of derivatives strategy and execution firm Macro Risk Advisors.