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European shares open higher on Telecom Italia boost

Updated at : 2023-03-06 15:30:04

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Shares of Telecom Italia (TIM) jumped 4.1% as Italian state lender CDP said on Sunday its board had approved a non-binding offer for the fixed-line network of the former phone monopoly, adding it would be valid until March 31

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Meanwhile, recently the brokerage firm ICICI Direct also said that the BSE Sensex may touch the 71,600 level by December 2023. For Nifty, the brokerage had set a target of 21,500 level.

Godrej Consumer shares fall 1.07% as Nifty gains

Updated at : 2023-03-06 15:30:04

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A total of 11,314 shares changed hands on the counter till time (IST).

The two-day rally, which comes after crisis-ridden Adani stocks got a Rs 15,000 crore booster shot from an NRI-owned FII, has made Dalal Street investors richer by Rs 6.11 lakh crore as the total market capitalisation of all BSE-listed stocks rose to Rs 266.1 lakh crore today.

Is the market closed tomorrow for Holi?

Updated at : 2023-03-06 15:30:04

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The uncertainty is rooted in how India marks the festival, with some parts of the country celebrating it on March 7, while the rest do it on March 8

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Metropolis Healthcare, incorporated in the year 2006, is a Mid Cap company (having a market cap of Rs 6731.32 Crore) operating in Hospitals & Allied Services sector.

"The crypto market is still recovering from the Silvergate fiasco as BTC, the world’s largest crypto by market cap, is down by 5% in seven days. If the Silvergate fallout doesn’t result in a broader contagion, then we may see a gradual recovery in digital assets across the board. The good thing is that the overall crypto market cap is still holding above the $1 trillion mark," Shivam Thakral, CEO of BuyUcoin, said.

Technical analyst Nilesh Jain remains bullish on stocks of state-run banks, and picks State Bank of India (SBI) and Bank of Baroda (BOB) as his top bets. Jain is Assistant Vice President (AVP), Equity Research Technical and Derivatives at Centrum Broking.

Britannia shares fall 2% after CLSA slams 'sell'

Updated at : 2023-03-06 14:30:03

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The profit includes an exceptional gain of Rs 359 crore, with respect to a JV with Bel SA for the cheese business and the consequent sale of a 49% equity stake in its subsidiary and a fair valuation of the residual stake of 51%

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The Relative Strength Index of the stock stood at 46.16 on Monday.

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