Latest Stock Market News

In constant currency terms, sales grew 0.2% sequentially and were largely on expected lines. Operating profit, calculated as earnings before interest, taxes, depreciation, and amortization (EBITDA), rose 8% sequentially and 4% YoY to Rs 2,144 crore

India VIX moved up by 0.23% from 12.86 to 12.89 levels. Volatility was slightly up and needs to sustain at lower zones for bull’s way in the market

Vodafone Idea’s consolidated net loss for the quarter ended December widened to Rs 7,990 crore from Rs 7231 crore a year ago and Rs 7,596 crore a quarter ago.

COMEX gold was trading higher in Asian trading hours on Thursday amid a slight pullback in the dollar index, said Sriram Iyer, Senior Research Analyst at Reliance Securities

Share buyback through the open market is favourable for companies, but not for shareholders. A company keeps buying its shares from the open market at the market price

"It is very tough to see where production increase for ONGC will come from. I do not think they have any such oilfield or new discoveries which will actually lead to a production growth of as much as 4% to 5% because 4% to 5% increase is quite substantial. If they are actually able to achieve it, then I think the stock should be going much higher but I would be extremely sceptical."

The Nifty Realty index closed 1.33 per cent up at 410.95.

“I am still not really a convert in the case of new age tech stocks. I am still not recommending buying any of these names. Somebody reducing the losses at EBITDA level and things like that does not really mean much. Once you are listed in the public space, one has to see these ratios and the key one is PE multiple.”

"The participation was from across investor categories, LIC (Life Insurance Corp) being one of the largest ones, along with other insurance companies, provident funds, banks, mutual funds and pension trusts," VS Rangan, executive director at HDFC told Reuters.

India first imposed windfall profit tax on July 1, joining a growing number of nations that tax profits of energy companies. At that time, export duties of Rs 6 per litre (USD 12 per barrel) each were levied on petrol and ATF, and Rs 13 a litre (USD 26 a barrel) on diesel