Latest Stock Market News

"We add Coal India, Honasa, Eicher, NTPC, HDFC Bank and ICICI Pru Life at the cost of cash, Marico, Maruti, Power Grid," Mahesh Nandurkar of Jefferies said, adding that cash is being redeployed as key macro concerns of higher US yields, rising oil prices and near-term state election results have subsided. Maruti was replaced with Eicher because two-wheeler demand is expected to grow at a faster pace than passenger vehicles over the next 2 years.

“India has just been marching forward and the US is clinging to the top spot but just by a hair. A lot of countries that are also very good for innovators are the UK, Singapore, Switzerland, Canada and a lot of the countries in Northern Europe. But countries like India and some of the countries in Latin America are marching up. It is a race to see which country is the freest and that will be where most of the great innovators come from.”

Ajanta Pharma Ltd. key Products/Revenue Segments include Pharmaceutical Products, Other Operating Revenue and Export Incentives for the year ending 31-Mar-2023.

The stock quoted a 52-week high price of Rs 641.05 and a 52-week low of Rs 336.55.

Fedbank Financial is one among five private bank promoted NBFCs in India. It focuses on catering to the MSMEs and the emerging self-employed individuals sector.

Abbott India Ltd., incorporated in the year 1944, is a Large Cap company (having a market cap of Rs 50892.08 Crore) operating in Pharmaceuticals sector.

As of 30-Sep-2023, promoters held 63.97 per cent stake in the company, while FIIs held 12.39 per cent and domestic institutional investors had 9.81 per cent.

A total of 8,107 shares changed hands on the counter till 12:37PM (IST)

As per the valuation report issued by RBSA Valuation Advisors LLP, the Rs 10,420.85 price per share approved by Maruti Suzuki board is equivalent to Rs 12,841.1 crore in value terms.

A significant uptick in futures open interest signifies a substantial growth in the number of active, unexpired futures contracts in a specific security.