Latest Stock Market News

Sunil Subramaniam highlights the appeal of the US market due to high interest rates and a strong dollar. FIIs are booking profits in India, driven by attractive US opportunities and periodic profit-taking. Market corrections and global uncertainties persist, but a resolution in the Russia-Ukraine conflict could trigger a rally and benefit India significantly.

The Nifty Auto index was trading 1.04 per cent down at 21723.5.

Indian Continent Investment Ltd sold a 0.84% stake in Bharti Airtel through a market transaction, raising Rs 8,485.11 crore. Bharti Telecom Ltd acquired a significant portion of these shares, boosting its holding to 40.47%. The deal attracted global and domestic investors like GQG Partners, Fidelity, and ICICI Pru.

This suggests that traders are anticipating further price declines and are establishing short positions.

​There are only two companies which really did really well across when that space did nothing, even in the agrochemical space PI Industries kind of a company did so well.

Hexaware Technologies shares: The GMP, reflecting unofficial trading activity before the listing, is commonly used as an indicator of investor sentiment. A higher GMP indicates strong demand for the stock, while a lower or zero premium suggests cautious interest.

An Argentine judge will investigate fraud allegations against President Javier Milei, who promoted the $LIBRA cryptocurrency before its value crashed. Milei asserts he acted in good faith and withdrew his support upon learning more about the coin. The project led to significant financial losses for investors.

Diptanshu Sinha aims to accumulate Rs 75 lakh in six years through a monthly SIP of Rs 40,000. However, due to a shortfall, financial expert Nisreen Mamaji suggests either increasing the SIP amount by Rs 25,000 or extending the investment period to eight-and-a-half years.

The third quarter was disappointing, people expecting too much from the third quarter after the bad second quarter that we saw, but that expectation was fruitless because things did not really materialise as we were expecting.

Gold and silver traded within a narrow range on Monday in international markets, as U.S. markets were closed for a holiday and ahead of the FOMC meeting minutes release. Prices rebounded from their lows due to a weaker dollar index, which is currently at a 9-week low, providing support to gold and silver prices.