Latest Stock Market News

LTIMindtree share price up 1.62 per cent

Updated at : 2023-04-27 11:25:04

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A total of 6,377 shares changed hands on the counter till 10:15AM (IST).

Non-resident Indians (NRIs) should invest in financial assets such as mutual funds if they need to remit money back and forth between India, according to Harsh Roongta, Founder of Fee Only Investment Advisers. He advised against investing in real estate because it may be difficult to sell and repatriate outside of India. NRIs should also consider double taxation, paying in multiple countries if applicable, when assessing investments. NRIs can invest in life and health insurance policies in India, but the payout process may be cumbersome if families want to repatriate the money overseas.

​So, it is very-very important for not just Mondelez, but everybody must state that, look, if 20 grams and seven-and-a-half grams carry 20 grams, then is that the right amount that goes into a spoonful of milk every day and therefore what is the total amount that is required by a child in his diet for the day, so it is not harmful by itself if you have only Bournvita and nothing else.

The Nifty Pharma index was trading 0.37 per cent down at 12411.3.

Daily, weekly strong uptrend forming a series ofhigher tops and bottoms.

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As of 31-Mar-2023, promoters held 41.94 per cent stake in the company, while FIIs held 25.39 per cent and domestic institutional investors had 15.59 per cent.

Adani Power shares gain 0.97% as Sensex rises

Updated at : 2023-04-27 11:25:04

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On the technical charts, the RSI of the stock stood at 65.96.

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The stock is currently trading at 66.0x and 57.0x its CY2023E and CY2024E earnings, respectively.

The 200-day DMA is used as a key indicator by traders for determining the overall trend in a particular stock. As long as the stock is priced above the 200-day SMA on the daily time frame, it is generally considered to be an overall uptrend.

Following the announcement of Q4 results by several companies, a few brokerages have upgraded the target prices on a number of counters in the last one month.

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