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European shares opened flat on Tuesday as worries of further interest rate hikes by major central banks in the face of slowing economic growth countered support from defensive healthcare stocks.

The Relative Strength Index of the stock stood at 57.21 on Tuesday.

SEBI committee member Nithin Kamath has stated that although investment advisers are helpful to investors, they often set unrealistic expectations that can lead to disappointment. Underlining the positive impact advisors have had, Kamath said that when people expect to achieve returns they cannot realistically aspire to, they can end up being disenchanted. Speculating that such dissatisfaction could result in discouragement from further participation in the market, Kamath stressed that it is "not really good for anyone.” SEBI is working on regulations to address the rise of unregistered investment advisers active on social media platforms.

A total of 30,300 shares changed hands on the counter till 01:59PM (IST).

As of 31-Mar-2023, promoters held 0.22 per cent stake in the company, while FIIs held 36.39 per cent and domestic institutional investors had 27.88 per cent.

The stock quoted a 52-week high of Rs 2616.0 and a 52-week low of Rs 1660.65.

The stock quoted a 52-week high price of Rs 775.0 and a 52-week low of Rs 557.0.

We are seeing consumption now broadening out, initially it was largely services after we reopened last year in April 2022 and it is now transitioning towards more balanced recovery in consumption with goods and services coming together.

Indian Hotels Company, incorporated in the year 1902, is a Mid Cap company (having a market cap of Rs 55054.72 Crore) operating in Tourism & Hospitality sector.

A total of 460 shares changed hands on the counter till 12:36PM (IST)