Latest Stock Market News

EUROPE-STOCKS/ (URGENT)European stocks steady after three-day selloff

​So, we are suggesting for exporters they should be looking to hedge for short-term but for importers they could be looking at a medium-term perspective.

​Furthermore, apart from determining the likely uptrend or uptrend, RSI also enables an understanding of the stock’s overvalued or oversold state. So, here are major largecap stocks that signal a possible uptrend in the near term. ​

A total of 5,536 shares changed hands on the counter till 02:00PM (IST)

"From Q2 onwards, we expected to get back to double digit growth and are very happy that it is happening in Q1 itself. The growth year on year was 10.2%. In fact, if we take out the Cidmus 50 effect from the base and adjust for price impact, the growth was actually 13.6% – ahead of market growth. And it is really the outcome of some of the efforts we have been putting in."

Hindustan Zinc has the highest QoQ rise in the promoter pledge. Its promoter, Vedanta, increased its pledged shares to 99.4% of its total holding.

"We expect a revenue CAGR of 11% over FY23–25E driven by new products and network expansion. Recent launches such as Hunter 350cc and Meteor 650cc along with the upcoming line-up have the potential to rev up growth in the face of higher competitive intensity," Nuvama said.

The retail portion of the IPO was subscribed 3.67 times and the NII category was booked 7.7 times. The part reserved for qualified institutional buyers (QIB) was subscribed just 52% so far.

The overall market, especially BTC, seems to be rather immune to many macro developments in its current state. The latest example is the rise of jobless claims and treasury rates, which usually triggers a risk-off sentiment amongst investors," Parth Chaturvedi, Investments Lead at CoinSwitch Ventures, said.

Get into more diversified assets; equities are too expensive, says Maneesh Dangi. “Within India versus US, you would look at India more favourably versus US right now. But again, in absolute terms you will have to be underweight equity, because equities both in India and US actually are pretty expensive.”