Latest Stock Market News

Sectorally, buying was seen in metal, oil & gas, energy, power, and utilities, while selling was seen in banks, IT, and capital goods.Stocks in focus included names like FACT, which rose nearly 15%, Tanla Platform, which closed with gains of over 3% and Tata Communications, which rose nearly 3% on Wednesday to hit a fresh 52-week high and is up about 30% in a month.

Explore the exciting prospects of large cap companies poised to break through their 5-year highs. This interactive and informative article highlights the potential investment opportunities offered by companies such as Trent Ltd., Cholamandalam Investment and Finance Company Ltd., DLF Ltd., ABB India Ltd., Axis Bank Ltd., and Ultratech Cement Ltd. Gain valuable insights about these companies and their sectors to aid in your investment decision-making process.

ETMarkets has identified 7 stocks with RSI below 30, indicating oversold conditions. This article explores these companies, and their business operations, and provides insights for potential investors looking to make informed decisions.

Discover the potential growth prospects of Linde India Ltd., Supreme Industries Ltd., ZF Commercial Vehicle Control Systems India Ltd., Prestige Estates Projects Ltd., Cummins India Ltd., IDFC First Bank Ltd., Tata Communications Ltd., MRF Ltd., and Power Finance Corporation Ltd. These mid cap stocks are edging closer to their 5-year highs, presenting investors with exciting opportunities for capitalizing on their upward momentum.

Dow falls 0.49%, S&P 500 opens lower by 2.72 points and Nasdaq Composite drops 2.76 points at the opening bell.

MSCI Inc may add Cummins India and IDFC First Bank to its global index in its quarterly review. If included, it could result in inflows of $108m and $101m to each respectively. Astral and Power Finance Corporation could also be included, however, the probability is significantly lower. MSCI’s announcement is due on 10 August, with changes coming into effect from 1 September.

As we are approaching the second half of CY23, ETMarkets.com conducted an analysis of the top-performing stocks during the second half of the past three calendar years. This examination focused on stocks that showed a share price growth of over 50% in each of the second halves of the last three years (2HCY20- 2HCY22).

Discover the Nifty 50 companies that have achieved significant milestones by hitting their 52-week highs today. This article provides valuable insights into these companies, their current stock prices, and their positions in their respective industries, offering potential investors valuable information to aid in their decision-making process.

In the Sensex pack, Tata Steel, Tata Motors, Power Grid, Reliance, UltraTech Cement, and NTPC closed higher, whereas, Bajaj Finance, IndusInd Bank, Axis Bank, Bharti Airtel and Bajaj Finserv closed lower.

Most of the loans today are linked to MCLR. Even when the customer asks for a fixed rate of interest, most of the banks today do not give that option.