Latest Stock Market News

The rupee dropped to 83.9900 to the dollar, inching past the previous lifetime low of 83.9850 hit on Sept. 12 and down from 83.9675 in the previous session.

To get the consumer going again, you do not just need a string of monetary policy actions and therefore I am going to remain very sceptical about this rebound in equities until some more significant actions are taken on the fiscal side.

So, a lot of HFCs like PNB Housing Finance, LIC Housing Finance, they are trading at a very cheap valuation. So, again, there can be a significant upside in those stocks.

A total of 2,445 shares changed hands on the counter till 11:40AM (IST)

The stock quoted a 52-week high of Rs 719.8 and a 52-week low of Rs 486.75.

The miss is probably more to do with margins because of the skew of the BSNL deal in the quarter, but this is also going to be a tailwind in the subsequent year.

As of 30-Jun-2024, promoters held 43.92 per cent stake in the company, while FIIs held 13.67 per cent and domestic institutional investors had 1.11 per cent.

ICICI Securities has add call on Tata Consultancy Services Ltd. with a target price of Rs 4,840. The current market price of Tata Consultancy Services is Rs 4,171.05.

The stock quoted a 52-week high of Rs 264.7 and a 52-week low of Rs 157.65.