Latest Stock Market News

Shares of L&T Infotech rise as Nifty drops

Updated at : 2022-12-21 11:40:03

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On the technical charts, the 200-day moving average of the stock stood at Rs 4770.67.

Top crypto tokens were trading mixed. Bitcoin moved towards $17,000 level. Ethereum regained the $1,200 mark and topped the gainers with a 2% rise. Whereas, Dogecoin fell 1%. The change in the prices was capped.

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At the interbank foreign exchange, the domestic unit opened weak at 82.76 against the dollar, then inched higher to 82.75, registering a decline of 5 paise over its last close.

Promoters held 69.09 per cent stake in the company as of 30-Sep-2022, while FIIs owned 2.4 per cent, DIIs 0.76 per cent.

SRF rises 1.13% as Sensex slides

Updated at : 2022-12-21 11:40:03

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The stock traded at a P/E multiple of 31.44, while the price-to-book value ratio stood at 9.3.

Godrej Properties share price up 1.43 per cent

Updated at : 2022-12-21 11:40:03

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A total of 8,992 shares changed hands on the counter till 10:51AM (IST).

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Driving this trend is the softening of demand in certain car segments and fuel types. To shore up sales, most carmakers are offering discounts between 4.5% and 5% on their vehicles this month compared with 2-2.5% two years ago.

Alphabet chief says Google wants to be a constructive partner, while outlining some concerns around the CCI verdicts and roots for responsible regulation.

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CEO Hari Menon outlines quick commerce expansion, bringing 1mg on its app . The funding takes e-grocer’s valuation to $3.2 billion.

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