Latest Stock Market News

The stock quoted a 52-week high of Rs 2674.45 and a 52-week low of Rs 1593.5.

In a novel, unique and constructive move it has invited three of the main industry associations to together form an Industry Standards Forum which will assist in designing the implementation standards for some of the proposed regulations.

Vedanta Ltd. key Products/Revenue Segments include Aluminium, Copper Cathodes, Oils, Pig iron, Iron Ore, Others, Power, Other Operating Revenue, Metallurgical Coke, Export Incentives, Scrap for the year ending 31-Mar-2023.

The S&P BSE Sensex rose more than 300 points while the Nifty50 closed above 19600 levels on Friday.

An analysis of the performance of stocks with a market capitalization of over Rs 1,000 crore showed that there were five such stocks which gave double-digit returns in each of the last six months and even turned multibaggers in H1FY24.

Hero MotoCorp Ltd., incorporated in the year 1984, is a Large Cap company (having a market cap of Rs 60711.89 Crore) operating in Auto sector.

The MCX December gold futures were trading down by Rs 914 or 1.59% from the Friday closing price at Rs 56,686 per 10 gram on the MCX while the December Silver futures were trading at Rs 66,304 per kg, lower by Rs 3,553 or 5.09%.

Indian equity indices opened lower on Tuesday due to concerns about US interest rates and persistent selling by foreign institutional investors (FIIs). The sustained FII selling, rising dollar index, and US bond yields are major headwinds for the market, according to V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services. On the positive side, the recent decline in Brent crude prices could encourage buying.

Emkay initiated coverage on Dabur India and InCred also initiated coverage on the EMS industry.