Latest Stock Market News

The dollar gained 0.6% but losses for dollar-priced bullion were capped by a downturn in benchmark 10-year Treasury yields from November 2022 highs hit on Friday. [USD/] [US/]

The survey conducted with more than 2,000 investors participating from across the country, shares insights on the usage and attitude of investors towards passive funds in India

MACD or Moving average convergence divergence is a momentum indicator used in stock market technical analysis.

Power Finance Corp funds power projects in India. The company serves state power utilities, central power sector utilities, power departments, private power sector utilities, joint sector power utilities, power equipment manufacturers, and municipal power utilities

The S&P BSE Sensex ended at 65,846, down 107 points or 0.16% while the broader Nifty50 settled at 19,571, down 26 points or 0.13%. The banking gauge Nifty Bank finished 127 points or 0.28% higher at 44,964

Adani Ports & SEZ (APSEZ) reported an 80% rise in quarterly profits due to robust operations and a swing to forex gains from a loss in the previous year. In addition, APSEZ has provided guidance for the current fiscal year of up to a 15% increase in cargo tonnage, a 20% rise in revenue, and a 17% increase in EBITDA

India VIX was up by 2.03% from 11.10 to 11.32 levels. Volatility inched higher and caused some discomfort to the bulls, but is hovering at overall lower zones

Revenue from operations also beat the estimates at Rs 35,983 crore in the reporting period, rising by a marginal 3% YoY.

"India still remains, for example, for a business like Zomato, a market which is only in a few cities even now. Things will have to evolve. To my mind, some of them are still fairly expensive. But because of the fact that there is now at least a path to profitability, there is a reason to assume that they will survive and therefore do reasonably well over a period of time. "

This article delves into the concept of the Relative Strength Index (RSI) and its significance in assessing stock movements. On August 7, StockEdge reported over 70 stocks were trading in the overbought zone. ETMarkets has handpicked 10 of these stocks for closer analysis.