Latest Stock Market News

The index is expected to move towards a higher band of channel placed around 17,600, sustainability above which will accelerate Nifty towards 18,100 in the coming quarter, this report said. The brokerage sees an immediate hurdle around 17,600.

Since SVB’s collapse, banking stocks in India, particularly those of public sector banks, have come under significant pressure.

Thus, if yields rise, then prices fall eroding the gains made from coupon accruals. Correspondingly, if yields fall, then prices rise adding to the gains made from coupon accruals.

JPMorgan’s target for the stock is driven by lower structural margins, risks from single vertical and high client concentration, and excessive valuations, according to media reports.

Of the many advantages of MFs, the most important is that it gives small investors access to professionally managed, diversified portfolios of equities, bonds and other securities.

Investors gain Rs 1.51 lakh crore as market capitalisation of all listed companies on BSE increased to Rs 259.70 lakh crore

Udayshivakumar Infra is engaged in the business of construction of various road projects including national and state highways, district roads and smart roads under PM’s smart city mission projects etc.

The Nifty Bank index closed 0.5 per cent up at 40813.05.

>> For more such web stories click on the ET icon below

​In terms of the working capital, it is a slightly working capital intensive business. Our inventory is about 120 days of sales and receivables is about 75 and payables about 50, that is the working capital cycle.