Latest Stock Market News

Price resuming uptrend after higher base formation above 20 days EMAsuggest further upward momentum in coming sessions

On the technical charts, the RSI of the stock stood at 65.65.

A total of 9,270 shares changed hands on the counter till 12:36PM (IST)

In addition, we have our Goa resort where we are adding about 40 rooms so that would be another 50 crores. Our Puducherry Resort will be expanded investment of Rs 70 crores.

A non-performing asset (NPA) is a loan or advance for which the principal or interest payment remained overdue for a period of 90 days

Bharti Airtel, incorporated in the year 1995, is a Large Cap company (having a market cap of Rs 488164.98 Crore) operating in Telecommunications sector.

The stock traded at a P/E multiple of 6.33, while the price-to-book value ratio stood at 0.82.

See, again, it is a tough call. We would ideally like the PVC EDC spread as well as PVC VCM spread to be a little bit higher than what it is right now. The current prices of PVC are at around 75 rupees per kg and the PVC EDC spread also lags behind the PVC prices by a little bit.

Domestic and global investors, retail investors, and HNIs are buying, and supply has not appeared in the secondary market sale, QIPs, OFS, nor IPOs. The buying has overwhelmed selling, but market regulation works, and selling is inevitable. The Indian market is an oasis in the global desert, with the world tackling inflation and struggling with growth; India has regulated inflation and maintained positive growth rates.

Under the two terms of the Narendra Modi-led government, Dalal Street investors had a good time despite implementing demonetization, GST, and the COVID-19 pandemic. The Nifty 50 has doubled in value in 9 years, with foreign and domestic institutional investors pouring in a net of $49.21 billion and ₹7 lakh crore, respectively. Post-pandemic, Indian equity markets increased significantly, making it one of the best-performing emerging markets in the MSCI index. The IT sector gave the best returns to the investors, followed by the financial services and FMCG sectors. Investors remain bullish on India due to its positive macro side improvement and stability.