Latest Stock Market News

Mamaearth stock has been on a downward spiral since its listing on November 7. Against the initial public offering (IPO) issue price of Rs 324, the stock got listed at a 2% premium at Rs 330 and hit a high of Rs 340.45 on an intraday basis on the listing day.

At such times and on a daily basis, hybrid schemes like balanced advantage and multi asset category have the leeway to rebalance their portfolio continually, taking advantage of market volatility and dislocations, in a tax efficient manner.

“As the wedding season sets in, the hotel industry is going through the roof. As an ancillary to that, car sales will pick up. Maruti becomes a very good play. Ashok Leyland is the third largest bus maker in the world and is only gaining traction. So, autos and entertainment is something which you can easily play. One can add some of the other consumer discretionaries.”

This is a bearish indicator that shows the futures OI has increased while the price has decreased. (Source: StockEdge)

The rupee dropped to a lifetime low of 83.3050 to the dollar, down from 83.2800 in the previous session. The previous lifetime low was 83.2950.

The DTH operator claimed that it has made close to a million new customer acquisitions during the quarter. It added that it is close to reversing the negative net addition trend.

Attractive investment opportunities, according to the value investor, happen when capable and competent managers/promoters work steadily toward creating long term wealth for shareholders.

The stock market witnessed a surge as several mid and smallcap stocks demonstrated remarkable strength by surpassing their 100-Day Simple Moving Average (SMA) on November 8.

During festivities, we are treated with a variety of sweets. Similarly, explore alternative investments beyond traditional stocks and equities. Private credit, private equity, real assets and other innovative options can add flavour to your portfolio.