Latest Stock Market News

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

In 10 stocks alone, retail investors bet more than Rs 62,100 crore in the quarter ended September, data shared by Prime Database showed. Retail investors invested nearly 75% of this money alone in HDFC Bank.

We believe that the RBI ban on Bajaj Finance lending via eCOM and Insta EMI cards would be lifted by the end of this quarter or most probably by the fourth quarter of this financial year. This could also turn out to be a phenomenon for the entire sector as of now.

Rajesh Cheruvu – MD and CIO – LGT Wealth India in an interview with ETMarkets said that festive times augur well for consumption-related stocks.

A total of 19,288 shares changed hands on the counter till 11:21AM (IST).

The Nifty IT index was trading 1.34 per cent up at 31850.95.

On the technical charts, the RSI of the stock stood at 41.92.

RLMM or Revised List of Models & Manufacturers listing is an important milestone required for the successful commercialisation of the product, the company filing said. S144 – 3 MW series of wind turbines are extendable to 3.15 MW.

Meanwhile, a fall in US retail sales in October after months of strong gains pointed to a cooling economy and strengthened expectations that the Fed is done hiking rates.

The stock traded at a P/E multiple of 5.53, while the price-to-book value ratio stood at 0.83.