Latest Stock Market News

A total of 1,310 shares changed hands on the counter till 11:36AM (IST)

​This indicates a bullish sentiment in these counters as the average traded and delivered quantity for 5 days, the cumulative open interest, and the price of the stocks have increased. ​

Indeed, and if you look at the current earnings results of these companies, they have all turned showing signs of getting to profit or almost there. And also the other thing that you must notice is they have all scaled back their growth plans.

Strong run-up in weekly scale with recent breakoutabove 1,000 zones and sector supporting up move.

Stock specific action is likely to continue with some major earnings including LIC, Adani Ports slated this week. Here are 8 technical picks from analysts that can offer gains up to 24%.

From the Sensex pack, M&M, NTPC, Bajaj Finserv, HCL Tech, Wipro, and TCS opened with gains, while ITC, Kotak Bank, Asian Paints, HUL, IndusInd Bank and Nestle opened with cuts.

The IPO comprised a fresh issue of up to Rs 490 crore and an offer for sale (OFS) of Rs 65.51 lakh shares. The issue received a thumbs-up from analysts with most recommending a "subscribe" over strong financials and growth potential in Northern India.

Even as the bank continues to make investments towards the franchise and capacity building, the management remains confident that improving productivity will support cost ratio improvement (C-I Ratio expected to improve to 55% over the medium term).

Delhivery can sustain strong 18-20% revenue CAGR for a long period of time. Over the medium term, the brokerage firm sees adjusted EBIT margins of ~5-6%, with an asset turn of 3-4x.

Lupin, incorporated in the year 1983, is a Large Cap company (having a market cap of Rs 49542.29 Crore) operating in Pharmaceuticals sector.