Latest Stock Market News

Sebi observed that the finfluencer was promoting himself as a stock market expert on various social media platforms and luring investors to enrol for various ‘educational courses’ offered by him and induced them to invest in securities market by convincing them about the prospect of making profits with near certainty if the recommendation is followed.

The S&P 500 opened lower by 15.26 points, or 0.36%, at 4,232.42, while the Nasdaq Composite dropped 100.01 points, or 0.76%, to 13,039.86 at the opening bell.

In this article, we explore stocks that are currently trading in the overbought zone and discuss the significance of the Relative Strength Index (RSI) in assessing stock movements. We provide insights to help potential investors make informed decisions.

Several largecap stocks are trading below their 10-year average PE, suggesting these stocks can turn out to be good value buys as the euphoria in midcaps and smallcaps makes them overvalued

BSE was up by 4.5% on Wednesday due to news of increasing transaction charges on the equity derivative segment from 1 November 2023. The stock has given a good run up from Rs 1420-1820 levels in the last 2 months so we would avoid fresh longs at the current levels as we can see some divergence in RSI.

In an earnings statement, Network18 Media said its EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortisation) declined due to investments made in growth verticals -- sports and digital.

September quarter shareholding data shows the promoters have bought 6.1 crore shares. In the meantime, mutual funds have decreased their ownership from 6.27% to 4.71%. FIIs too have reduced holding to 21.58% from 26.4% at the time of listing.