Latest Stock Market News

Santosh Rao of Manhattan Venture Partners discusses the demand for skilled and unskilled workers in the US and Canada. He highlights the strain on local infrastructure and educational systems due to immigration. Rao emphasizes the need for balanced immigration policies amidst economic challenges and an undercurrent of xenophobia in some Western countries.

The stock quoted a 52-week high price of Rs 506.85 and a 52-week low of Rs 207.85.

A long buildup occurs when open interest and trading volumes increase alongside a rise in the underlying stock price in the F&O segment, signaling a bullish market trend.

A total of 10,372 shares changed hands on the counter till 10:51AM (IST).

Axis Capital has downgraded IndiGo from a buy rating to an add rating, though it has raised the target price to Rs 5,100 from Rs 4,700. The downgrade reflects limited upside potential, with Axis Capital highlighting supply-side issues and noting that further improvement may be constrained as load factors are already at an optimal level of 80%.

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.

Gujarat Ambuja Exports Ltd. key Products/Revenue Segments include Other Agro Products, Yarn, Other Operating Revenue, Power Generation for the year ending 31-Mar-2024.

Shares of Balu Forge Industries, backed by investor Ashish Kacholia, have surged over 1300% in the last two years, driven by strong profit growth. The stock, which manufactures crankshafts and forged components, saw profit booking on Monday, falling by 1.5%. Experts suggest monitoring the Rs 740 and Rs 800 levels for future price action.