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The 50-pack Nifty slipped below 19,300 mark on 1.35% slide in the index, its BSE counterpart Sensex lost 800 points and gave up the 65,000 mark.

The local unit finally settled at 83.18 (provisional), reflecting losses of 6 paise over the last close. On Friday, the rupee closed flat at 83.12 against the US dollar.

Its revenue from operations during the July-September quarter stood at Rs 655.27 crore, as against Rs 598.36 crore in the year-ago period, it said.

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Envy, greed, herding, fear, and overconfidence are identified as the demons of investing. Envy is difficult to control in the age of social media, where others seem to be getting richer faster. Greed leads to the desire for more and can cloud long-term investment goals. Herding, or blindly following the crowd, can lead to disaster. Fear is not the problem, but how investors respond to it is crucial. Overconfidence can lead to risky trading decisions. It is important to manage these emotions effectively to make better investment choices.

An analysis conducted by ET Markets identified 98 stocks that have consistently seen increased investments from mutual funds (MFs) over the past four quarters, spanning from December 2022 to September 2023.

CA Rudramurthy BV, Vachana Investments, recommends buying ICICI Bank with a target of Rs 1,000 and Escorts with targets of 3,300 and 3,500. He believes that the broader market, especially midcaps and smallcaps, could experience further correction. Laurus Labs is expected to see selling pressure, with support levels at around 335 to 340. BSE and Ipca Labs are identified as strong buys, with Ipca Labs showing a clear breakout above 980.

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Several major stocks in the Indian market demonstrated substantial movements by surpassing their 50-day SMA, signaling potential changes in their stock trends.

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Mumbai-based Cello World has a product portfolio across three key categories -- consumer houseware, writing instruments and stationery, and moulded furniture and related products.

Sanjiv Bhasin, Director at IIFL Securities, recommends accumulating PB Fintech (Policy Bazaar) at Rs 700-730, with a target of Rs 1,400 in the next year. He also suggests accumulating SRF at Rs 2,230-2,250, with a target of Rs 3,000 by next Navratri. Bhasin believes insurance and cross-selling opportunities make PB Fintech a must-have stock, while SRF is expected to outperform due to its diverse businesses. Additionally, Bhasin recommends investing in Idea at Rs 22-25, Reliance at Rs 2,750-2,800, and Paytm at Rs 850-900. He also suggests Tata Steel, Hindalco, and Devyani International as Navratri picks.

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