Latest Stock Market News

According to the BSE, the equity segment, derivative segment, and SLB segment will be closed tomorrow. Further, the multi-commodity exchange will also be closed for the morning session and trading will resume at 5 pm on March 30 for the evening session.

GAIL (India) Ltd., incorporated in the year 1984, is a Large Cap company (having a market cap of Rs 68808.42 Crore) operating in Gas & Petroleum sector.

One of the projects worth Rs 897.37 crore is for the construction of a 4/6 lane bypass in Karnataka on HAM mode package 1 (hybrid annuity model). The project has to be completed within 912 days from the appointed date.

The stock quoted a 52-week high price of Rs 115.63 and low of Rs 83.0.

Reliance Industries Ltd., incorporated in the year 1973, is a Large Cap company (having a market cap of Rs 1501103.43 Crore) operating in Diversified sector.

A total of 2,292 shares changed hands on the counter till 12:19PM (IST)

The Relative Strength Index (RSI) is placed at 70.4. RSI above 70 is considered overbought. This implies that stock may show pullback, Trendlyne data showed. MACD is above its center and signal Line, this is a bullish indicator.

Sandeep Bagla, CEO of TRUST AMC, predicts that bond funds could perform well in 2024 due to increased yields and a potential decrease in inflation. He advises retail investors to turn to mutual funds rather than going direct to access equity markets as a fund manager has more resources to determine the long-term value of a company. Bagla believes that global diversification in 2023 could be better than in 2022 and suggests focusing on longer-term factors and values during periods of volatility.

Promoters held 62.4 per cent stake in the company as of 31-Dec-2022, while FII and DII ownership stood at 6.84 per cent and 0.54 per cent, respectively.

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