Latest Stock Market News

Asian Paints saw equal growth in T1, T2 and T3, T4 cities, according to Amit Syngal, CEO. The projects division has done particularly well, with B2B customers, builders, factories and government spending showing strong signs of recovery. A good performance in the industrial sector was also reported. Syngal also said that, buoyed by a longer season and strong monsoons, Q2 and Q3 looked good.

Among the notable gainers were Bharti Airtel, L&T, Tata Consumer Products, and more, as they continued their upward trajectory.

A host of brokerages are bullish on several stocks from different sectors such as banking, chemical and energy.

A total of 54,342 shares changed hands on the counter till time (IST).

Any investor who tracks these headline numbers might be tempted to take money off the table or at the least be wary of putting in additional money. The easiest behavior hack to counter this is to invest for longer (5+ years). Staying invested in equities has its ups and downs, but it may lead to the desired outcomes over the long term.

Promoters held 0.0 per cent stake in the company as of 30-Jun-2023, while FII and DII ownership stood at 15.43 per cent and 4.39 per cent, respectively.

Shares in LVMH fell by 3.7% in early trading on Wednesday after the report of in-line sales growth in the second quarter. Analysts believe that this signifies that the sector may be moving towards a less impressive path of growth as the luxury industry normalises after years of stellar growth.

​Do also keep in mind that there is an election round the corner there as well which means that they would not want to significantly upset any apple cart out there. Growth and stability which have surprisingly been very positive and continue to hold strong, I think will be far more paramount than just necessarily taming inflation is my view.

Name of Reliance Strategic Investments changed to Jio Financial Services w.e.f July 25

On July 25, Tuesday, StockEdge reported a staggering number of 90 stocks trading in the overbought zone, indicating potential cautionary signals for investors