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​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

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​In the NSE list of stocks with a market cap of over Rs 10,000 crore, seven stocks crossed their previous 5-year high value at the close on May 29

Considering a base case, we can see NIFTY to be around 20,000 levels given that India has positioned itself in the best spot where it can achieve exponential growth in exports as well as the domestic market.

We have witnessed a strong rally in equities since April 2023 after lacklustre market returns over the last 18-24 months. After two years of subdued returns, we could witness strong returns this year or the next.

Indian markets may consolidate on Tuesday following mixed global cues. The Sensex gained over 300 points with Nifty50 closing just below 18600 levels. India VIX rose 3.34% from 11.90 to 12.29 on Monday, indicating some consolidation in record-high index levels amid the start of the new series. Options data reveals a potential trading range of 18300 to 18800 zones, with minor call writing seen at 18700 to 18800 strikes, and put writing at 18400 to 18300 strikes. Several experts recommend short-term trades in select companies.

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Adani Ports is expected to register a 31% growth in revenues to Rs 5,028 crore with an 80% profit rise to Rs 1,842 crore in their quarter four report. However, continuing export curbs may impact underlying comparable volume growth in the company. Meanwhile, Apollo Hospitals is set to see its net profit more than double YoY to Rs 241 crore, with sales expected to grow 25%. The growth is expected to come from store additions and higher sales from already established stores.

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Bharat Electronics, incorporated in the year 1954, is a Large Cap company (having a market cap of Rs 81467.49 Crore) operating in Defence sector.

It is very-very simple, India is an economy which is deficient in all of its major consumption sectors, FMCG, auto, banks, specialty chemicals, pharma, all these domestic facing economy stocks will continue to do exceptionally well as consumption of India in every aspect continues to keep rising.

​After the Q4FY23 earnings, a host of brokerages upgraded the target price on a number of scrips

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Among Sensex stocks, UltraTech Cement, ITC and HCL Tech were the top gainers, rising over 1% each. Kotak Bank, Titan, NTPC, Wipro, Bajaj Finance and Tech Mahindra also opened higher. On the flip side, Nestle, SBI, IndusInd Bank, Tata Steel, and Asian Paints opened in the red.

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