Latest Stock Market News

A total of 3,212 shares changed hands on the counter till 01:58PM (IST).

Recommend Accumulate rating, considering capacity expansion & strong earnings growth.

A careful analysis of weekly charts suggests that the stock touched the Upper Bollinger band reversed which gave a confirmed downtrend, and the stock is in an overbought zone which is conformed by the RSI, suggest experts.

IndusInd Bank, incorporated in the year 1994, is a banking company (having a market cap of Rs 86977.85 Crore).

"Among the sectors which are still to report earnings numbers, auto is an important one because on an incremental basis, it is driving the net profits of coverage and that is also in the Nifty 50 Index quite significantly. Then, one will have to wait and see how some of the other larger companies report, especially on the consumer side and consumption demand is not looking that great at this point in time."

Gold prices extended overnight recovery but still traded within range as traders await fresh cues from US macro data that may help to guide the Federal Reserve’s interest-rate path, Saumil Gandhi, Senior Analyst (Commodities), HDFC Securities said.

In 95, our turnover was Rs 5 crore and every year, the thought was, whatever we are doing in one year, can we do in one month? On this philosophy, Mankind has risen actually. So 95, 5 crore; 2000, it was 50 crore; 2007, we reached to Rs 500 crore.

The stock quoted a 52-week high of Rs 10760.4 and a 52-week low of Rs 5708.1.

A total of 1,251 shares changed hands on the counter till 12:46PM (IST).

ICICI Bank on Saturday reported a standalone net profit of Rs 9,121.87 crore for the quarter ended March 31, 2023.