Latest Stock Market News

Rate this item

(1 Vote)

"Despite unfavourable global news, the bulls have taken full control of the market. Notably, this buying surge came from Domestic Institutional Investors (DIIs), especially in the cash market, as Foreign Institutional Investors (FIIs) were net sellers."

The volatility gauge, INDIA VIX, showed a marginal increase of 3.08% to 10.62 on a weekly basis. It remains within a striking distance of 10.14, the lowest level seen on this indicator so far. This remains a point of concern as this will keep the market exposed to profit-taking bouts.

Rate this item

(1 Vote)

"Looking at the texture for Nifty, it is on the bullish side as we are holding the 19,650 level. Till these levels are intact, the trend is likely to remain on the bullish side and possibly Nifty may scale up to the level of 19,850 and 19,900 in the coming week."

The upcoming week will feature a series of speeches by Fed officials, including Fed Chair Jerome Powell, along with the release of US Retail Sales and Industrial Production data. Chinese GDP, fixed asset investment, and Retail Sales data are also expected to draw significant attention. With ongoing geopolitical tensions in the Middle East and fading prospects of another Fed rate hike, we anticipate that gold prices will remain well-supported in the short term.

Rate this item

(1 Vote)

Prices clocked one-year highs at the end of September, driven by worries about supply shortages after a surprise extension of voluntary supply cuts by Saudi Arabia and Russia, but the momentum was short-lived. An unexpected buildup in US crude inventories and concerns over demand adversely hit the sentiments.

In the largecap segment, 15 companies witnessed significant block deals worth Rs 6,668 crore, led by HDFC Bank with a 49 block count, totalling Rs 2,963 crore. The next in line were Axis Bank (Rs 785 crore), Kotak Mahindra Bank (Rs 603 crore), Cholamandalam Investment & Finance Company (Rs 325 crore) and UltraTech Cement Company (Rs 325 crore).

If an investor had invested Rs 10,000 in the stock 10 years ago and stayed put, the investment would have swelled to nearly Rs 6.5 lakh, according to an analysis by ET Markets. In the last five-year period, the shares have jumped nearly 623% and about 374% in the past three years.

Rate this item

(1 Vote)

For instance, in the current scenario, if you deposit your money for 180 days (6 months), you might earn around 5.25% interest annually. However, keeping the same money locked in for 2 to 3 years could earn a higher return of 7% per annum.

Rate this item

(1 Vote)

A non-performing asset (NPA) is a loan or advance for which the principal or interest payment remained overdue for a period of 90 days.

Warning! Information Posting in this website is only for educational purpose. We are not responsible for losses incurred in Trading based on this information.