Latest Stock Market News

Varun Beverages shares down 1.07% as Nifty falls

Updated at : 2024-10-04 14:25:02

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The stock quoted a 52-week high price of Rs 682.84 and low of Rs 331.28.

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A total of 542 shares changed hands on the counter till 01:43PM (IST)

Positive October seasonality ties together six F&O stocks—PFC, REC, Canara Bank, GMR Airports Infrastructure, Delta Corp, and TVS Motor Company—despite each experiencing declines of up to 15% in the past month. Historically, October has produced 10 winners in the F&O segment, with these stocks, along with MGFL, ICICI Bank, NMDC, and SAIL, achieving positive returns in October on eight or more occasions over the last decade.

InterGlobe shares decline 1.46% as Sensex slides

Updated at : 2024-10-04 13:20:02

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A total of 12,603 shares changed hands on the counter till 12:52PM (IST)

Pidilite Ind shares drop 2.55% as Sensex falls

Updated at : 2024-10-04 13:20:02

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On the technical charts, the RSI of the stock stood at 46.3.

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Axis Securities has overweight call on Lupin with a target price of Rs 2,500. The current market price of Lupin is Rs 2,216.

Shares of DMart fell by 5% to Rs 4,701.90 following a 14% growth in standalone revenues to Rs 14,050 crore for Q2 and the addition of 6 new stores. Brokerage firms have mixed views; Macquarie is optimistic, Goldman Sachs recommends selling, while Morgan Stanley remains positive.

​Partly because, obviously, very strong inflows from the domestic investors into mutual funds, which have been sort of a stabilising effect when FIIs have been more or less net sellers in the last couple of years and that has brought out some stability into the market.

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