Latest Stock Market News

According to reports, the US-based investment firm is looking to acquire a controlling stake in the combined entity of Vadilal Industries and Vadilal Enterprises. However, there is no official communication from the company.

Prabhudas Lilladher has shared its seven top high-conviction largecap stock picks that can rise up to 22% from their current market prices.

On June 12, the capital market regulator had barred the Essel Group chairman and his son Punit Goenka from holding any directorship or key managerial positions in any listed company.

The assets under management (AUM) of open-ended equity funds stood at Rs 17.43 lakh crore, up over 5% month-on-month. Within equity funds, smallcap funds saw the highest inflows during the month at Rs 5,472 crore. For the third straight month, the inflows into smallcap funds have been the highest.

A total of 28,474 shares changed hands on the counter till 02:04PM (IST)

The cryptocurrency market experienced a slight dip with Bitcoin declining by 0.65% to trade at $30,069. Ethereum was also slightly affected, with it trading above the $1,850 range. Despite this, the total volumes of BTC rose by 17.78% in the last 24 hours to $8.8 billion. The crypto market cap traded lower at $1.17 trillion, down by 0.74% in the last 24 hours. The price of BTC has continued to range-trade above $30,000 as the market absorbs the nonfarm payroll report.

ETMarkets has identified four stocks that have consistently increased their revenue for the past 12 quarters. Notably, three of these stocks belong to the IT sector.

"We continue to advise allotted investors to book profits, and if anyone wishes to buy, they should wait and watch for the counter as markets may see some pressure to sustain at higher levels," Tapse said.

The Relative Strength Index of the stock stood at 70.42 on Monday.

Motilal Oswal Financial Services, incorporated in the year 2005, is a Mid Cap company (having a market cap of Rs 10992.47 Crore) operating in NBFC sector.