Latest Stock Market News

For more such web stories click on the ET icon below

The Nifty Bank index closed 0.06 per cent up at 43683.6.

The smaller degree of higher tops and bottoms is intact on the daily chart and the recent unfilled opening upside gap around 19,250 levels could offer support for the market during the present consolidation to form a higher bottom, said Nagaraj Shetti of HDFC Securities.

As part of the expansion plan, the company announced a 250-bed new hospital in Pune expandable to 425 beds in 2 years at an overall cost of Rs 675 crores. The hospital is expected to be commissioned by Q1 FY25. With this expansion, Apollo will have over 1000 beds in Maharashtra including Mumbai, Pune and Nashik.

Total income declined to Rs 1,163.30 crore in the July-September period of 2023-24 fiscal, from Rs 1,329.99 crore in the corresponding period of the previous year, according to a regulatory filing

In a significant market development on November 8, several major stocks showcased robust performance by surpassing their 200-Day Simple Moving Average (SMA). This indicates a potential bullish trend for these companies.

“Strong flows for the month supported by SIP inflows, despite a volatile month, is a sign of increasing maturity of investors to continue their allocations in equity mutual funds,” said Akhil Chaturvedi, chief business officer, Motilal Oswal AMC.

MCX prices may move towards Rs 64,000 to Rs 66,000 per 10 gram in 2024 and crucial support lies at Rs 56,000, Nirpendra Yadav, Senior Commodity Research Analyst at Swastika Investmart observed.

The Nifty Realty index closed 1.23 per cent up at 660.6.