Latest Stock Market News

Investors can reduce positions/exit from the weak stocks but should stay invested in quality stocks for the long term and use corrections to add more.

The rally over the last 5 months must be looked at in the overall context that between October 2021 and June 2023, Nifty 50 was largely sideways.

China stocks have shed 10% from their highs in January, as dismal economic data laid bare the stuttering post-pandemic recovery, with investors remaining unimpressed with just piecemeal support measures from policymakers.

The Aussie was pinned at $0.6411, having shed 1.3% for the week so far to hit a nine-month trough of $0.6365. There is little in the way of chart support until $0.6273, ahead of its 2022 low at $0.6170.

Golden Cross is an important technical indicator of bullishness. It occurs when the short-term moving average crosses over the major long-term moving average on the upside.

Nykaa, HDFC AMC, Indus Towers, Page Industries and ACC have been excluded from Nifty Next50 in the latest revision of various NSE indices.

​It is a one-day candlestick pattern in which there is a small red real body and an upper shadow extending from the body, and is formed at the top of an uptrend.​

Weighing heavily on the S&P 500, CVS Health tumbled 8% on news that Blue Shield of California plans to cut its reliance on the company as its pharmacy benefit manager (PBM) and work with others including Amazon.com.

Notebooks, which usually drive the majority of volume for personal computer shipments declined 18.5% on-year, while desktops, which had been on a growth trajectory till the quarter ending March, declined by 7% on-year.

The share of UP went up from 1.1 percent during 2013-14 to 16.2 percent in 2022-23 according to a study titled “ Private Corporate Investment: Performance and Near-term Outlook” published in the latest RBI bulletin. In the same period Maharashtra’s share went down 19.7 percent to 7.9 percent.