Latest Stock Market News

As per reports, 2.7% equity changed hands in a block deal in Adani Green Energy. The buyers and sellers in the deal are not known.

​So we are actually in a good place because we have been an SUV company all along and we think this is a trend which will continue because the many things about SUV in an India kind of context, SUV represents much better status, ground clearance sitting height.

The stock traded at a P/E multiple of 61.9, while the price-to-book value ratio stood at 7.18.

The Relative Strength Index of the stock stood at 51.56 on Monday.

“Once you have a domestic focus, keep a broad market focus. If FIIs want to come into largecaps, somebody has to sell. Local players like domestic mutual funds, the domestic alternative investment funds, insurance companies will keep rotating that. I do not see a cause for worry in terms of wealth creation in India.”

A total of 1,310 shares changed hands on the counter till 11:36AM (IST)

​This indicates a bullish sentiment in these counters as the average traded and delivered quantity for 5 days, the cumulative open interest, and the price of the stocks have increased. ​

Indeed, and if you look at the current earnings results of these companies, they have all turned showing signs of getting to profit or almost there. And also the other thing that you must notice is they have all scaled back their growth plans.

Strong run-up in weekly scale with recent breakoutabove 1,000 zones and sector supporting up move.

Stock specific action is likely to continue with some major earnings including LIC, Adani Ports slated this week. Here are 8 technical picks from analysts that can offer gains up to 24%.