Latest Stock Market News

Global benchmark Brent crude is steady at just over $81 a barrel due to demand from the US and supply disruption in Nigeria and Libya. The Brent and US West Texas Intermediate (WTI) contracts have risen for three consecutive sessions and are poised to register three weeks of gains for the first time since April.

The stock quoted a 52-week high price of Rs 1830.2 and low of Rs 1434.6.

According to market sources, the grey market premium (GMP) of Utkarsh SFB rose marginally from the previous day to Rs 17. Analysts advised investors to subscribe to the issue for the long-term strong loan portfolio and lowest cost-to-income ratio.

Cryptocurrencies have surged to their highest levels in months due to favourable regulatory and investment moves. The price of Bitcoin, which is up more than 90% for the year and nearly 30% in a month, reached its highest point since June 2022. Another popular token, Ether, saw its best session since March

“Sky’s the limit for SMEs. Many of these entrepreneurs only know their mother tongue. We have restricted capability. The day we realise that we have these types of restrictions and capability limitations, we will outgrow that. We will talk in their language. We will explain to them in their language how it is going to be useful for them to be visible.”

Data on U.S. consumer and producer prices earlier this week stoked speculation that the economy had entered a disinflation phase and the Fed could pause its tightening soon after July

See, we are market leader in east region and then we will continue to retain the market leadership in the east region. So, the focus will continue to be east and north.

37 stocks were trending down on the Relative Strength Index (RSI) on July 13, according to StockEdge. However, 10 stocks have been identified as currently trading down, according to ETMarkets. The RSI ranges from 0 to 100 and is a popular technical indicator used to identify whether a stock is oversold or overbought.

A total of 11,444 shares changed hands on the counter till 01:16PM (IST)

“In the case of railway and defence stocks, as long as investors know the risk associated with these stocks, the longer term growth story is still there. Since the visibility is so great, longer term, they should still do well. In the near term, valuations seem to have run ahead of performance.”