Latest Stock Market News

​Bearish reversal scans on the candlestick screener help ascertain stocks which can slip downward from an uptrend zone​

We remain optimistic of positive demand uptick in coming quarters and remain focused on consolidating and leveraging our portfolio," Rampraveen Swaminathan, Managing Director and CEO of Mahindra Logistics said.

A formal agreement with lenders is of considerable significance for Byju’s as its differences with the former over the $1.2 billion TLB have emerged as a key pain point for the firm

Net interest income (NII), the difference between the interest earned on loans and that paid for deposits, increased 61% to ₹3,998 crore, helped by a sharp increase in net interest margin (NIM) as the bank could pass on higher interest rates to borrowers.

The regulator is also working on instantaneous settlement of stock market transactions and reviewing the trading plan mechanism for insiders at listed firms. Sebi will issue a discussion paper on the delisting process before December.

Option data suggests a shift in trading range in between 19500 to 20200 zones while an immediate trading range in between 19600 to 20000 zones.

​And that is one more reason why the stock is probably down. So I think both in the news, as well as the expectations in terms of being held by 40% by the parent company itself, entailing a holding company discount for minority shareholders.

Investors are awaiting Microsoft, Google-owner Alphabet and Meta Platforms earnings this week, which will show whether their stocks justify sky-high valuations.

The crude benchmarks have already climbed for four weeks in a row with supplies expected to tighten due to cuts from the Organization of the Petroleum Exporting Countries (OPEC) and allies like Russia, a group known as OPEC+.

The euro was shaky at $1.1063, up just 0.02% having slumped to a two-week low of $1.1059 earlier in the session, after a survey on Monday showed euro zone business activity shrank much more than expected in July, reigniting recession fears.