Latest Stock Market News

Poonawalla Fincorp Ltd. key Products/Revenue Segments include Interest, Fees & Commission Income, Income From Financial Services, Rental Income and Income From Sale Of Share & Securities for the year ending 31-Mar-2023.

MCX December gold futures traded in the red on Monday at Rs 60,537 per 10 gram, up by Rs 191, or 0.33%. Meanwhile, the December Silver futures were trading at Rs 72,543 per kg, higher by Rs 366 or 0.50%.

Voltas Ltd., incorporated in the year 1954, is a Large Cap company (having a market cap of Rs 27086.22 Crore) operating in Consumer Durables sector.

Nifty Midcap Select stocks such as Polycab, Ashok Leyland, and Mphasis are trading at lower PE than their respective industry PE.

A total of 11,870 shares changed hands on the counter till time (IST).

On the technical charts, the 200-day moving average of the stock stood at Rs 773.85.

CLSA maintained a sell rating on JSW Steel but raised the target price to Rs 250 from Rs 234 earlier.

The breakout has opened room for the stock to head towards 200 levels in the next 3 months, suggest experts. Short-term traders can look to buy the stock around 160.

Among foreign brokerages, Jefferies downgraded the stock to hold while slashing the price target while CLSA took a contrary view and maintained an outperform rating on the counter.

BSE said with effect from November 1, the transaction charges structure for equity derivatives segment will be revised with effect from November 1 for Sensex options with nearest and immediate expiry. Under the new rules, transaction charges for incremental billable monthly turnover or premium value up to Rs 3 crore would be Rs 500.