Latest Stock Market News

“In our case, there is a close-in weapon system, right from radars to command control to guns and a full-fledged system. We actually won that contract. It is yet to get into the order book. At some point in time, by the time the financial year unfolds, those are orders which one can obviously expect in very quick time and quite large. The order sizes are growing.”

This year’s winners include shares linked to billionaire Gautam Adani and banks boosted by a sharp recovery in credit demand. Some of the biggest losers were shares of technology firms that languished following their public debuts and software outsourcing providers that faced concerns of a potential slump in overseas demand.

Backed by aggressive product and powertrain initiatives, Tata Motors grabbed for itself the top slot in the SUV space from Hyundai Motor India with sales of 326,354 units until November, data from automotive consultancy firm JATO Dynamics showed.

The European Central Bank must be prepared to take the heat and raise interest rates further, ECB policymaker Isabel Schnabel said in an interview published on Saturday.

A lethal blizzard paralysed Buffalo, New York, on Christmas Day, trapping motorists and rescue workers in their vehicles, leaving thousands of homes without power and raising the death toll from storms that have chilled much of the United States for days.

Oil prices ticked up on thin trade on Tuesday, on concerns that winter storms across the United States are affecting logistics and production of petroleum products and shale oil.

The stock is currently placed a tad above its prior point of polarity, which was placed at around Rs 650. The key technical indicators reversed from the dip oversold zone on the short-term timeframe chart and are on the verge of a bullish crossover.

National Fertilisers via an exchange filing said that in respect of the post ballot notice that sought approval of members of company for appointment of Director, the resolution as set out in the earlier notice has been passed with requisite majority.

The Aon analysis also showed that overall attrition in the banking segment is 24.7% between January and September, with domestic banks showing 30.6% attrition and foreign banks 16.3%. Fintech players also contributed to high attrition levels of 27.4%. Wealth management players, too, saw a significantly high number of employee departures at 26.4%, while investment banks saw exits at 21.8%. The lowest exits in the BFSI space were recorded with asset management companies at 16.3%.

So far, more than 25 financial sector entities have already been onboarded on the NeSL DDE platform and are undertaking transactions. Bank and NBFC systems have to be connected to NeSL and lenders are yet to move towards it in a big way. However, bankers said the authenticity, seamlessness and speed that the NeSL system provides could make it the go-to system in the future.