Latest Stock Market News

"Although the market is expecting an earnings rally in India for the next few years, purchasing at these valuations offers lower expected returns. We need to be cautious about because from these prices unless your thesis plays out as you anticipate, it is going to be hard to make money. "

I think it is important to say that the recovery in China is very different than the recovery in many other countries that have come out of COVID with a much more intense rebound than has been the case in China.

The F&O contracts of any stock enter the ban period when the open interest (OI) on it crosses 95% of the market-wide positions limits or MWPL. The ban on it is reversed only if the open interest falls below 80%.

On the sectoral front, Nifty Bank, Nifty FMCG, and Nifty IT declined, while Nifty Auto, Nifty Pharma, and Nifty Metal gained. In the broader market, Nifty Midcap 100 advanced 0.55%, and Nifty Smallcap 100 gained 0.52%.

Shankara Building Products Ltd., incorporated in the year 1995, is a Small Cap company (having a market cap of Rs 1972.81 Crore) operating in Retail sector.

Bernstein has maintained an outperform rating on NTPC with a target price of Rs 274. Choice Broking has retained an outperform rating on Gabriel India with a target price of Rs 263. Geojit has recommended an accumulate rating on Kajaria Ceramics with a target of Rs 1610 and a buy rating on Berger Paints with a target of Rs 774.

According to an ET Now report, about 8.1% equity of Adani Power changed hands in block trade, where promoter is the likely seller

Vodafone Idea had said in an exchange filing on Monday that one of its promoters has committed to providing financial support to the extent of ₹2,000 crore without saying which one. The Vodafone Group UK and the Aditya Birla Group are the main promoters of the company.

​The Futures Long Position Scan performed on August 16 revealed Aggressive New Long positions were taken on some largecap counters​

The issue offers 100% protection of the principal amount at maturity and a minimum total return of 14% on the maturity date, which is August 31, 2025, the non-banking financial company said in a statement.