Latest Stock Market News

GAIL shares rise 0.78% as Sensex climbs

Updated at : 2024-08-27 12:30:03

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A total of 326,674 shares changed hands on the counter till 11:47AM (IST)

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InvestorAi, an AI-based equity investment platform, secured Rs 80 crores in a Series A funding round from Ashish Kacholia and his associates. The investment aims to scale the business and introduce new products. The platform provides stock recommendations through several brokers and has maintained a solid track record of strong investment returns.

​Oil and gas is another sector where we are seeing companies embarking on very heavy capex. There is a lot of dependency on government policy regulations, capital allocation remains a concern and valuations are not necessarily cheap. So, oil and gas is another one.

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On the technical charts, the RSI of the stock stood at 53.89.

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As of 30-Jun-2024, promoters held 51.46 per cent stake in the company, while FIIs held 11.2 per cent and domestic institutional investors had 5.16 per cent.

Bajaj Holdings shares fall 0.2% as Nifty gains

Updated at : 2024-08-27 11:20:01

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The stock quoted a 52-week high price of Rs 10080.15 and a 52-week low of Rs 6634.6.

As of August 26, six NSE F&O stocks saw a 10%+ rise in futures open interest, indicating new or expanded positions in the futures market.

Gold and silver futures exhibited high volatility, driven by U.S. economic data and Federal Reserve comments. Gold October futures opened at Rs 71,807, while silver September futures reached Rs 85,410/kg.

These people should be well-funded and paid and incentivised to come and work in the public sector when I also have a growing private sector, which is taking a large amount of my skill base away and therefore, I feel that this decision is in line with that strategy that we should incentivise good people to work in the government but have a smaller government.

HDFC AMC rises 1.13% as Sensex climbs

Updated at : 2024-08-27 11:20:01

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The stock traded at a P/E multiple of 46.12, while the price-to-book value ratio stood at 11.32.

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