Latest Stock Market News

Promoters held 34.64 per cent stake in the company as of 30-Jun-2022, while FIIs owned 24.76 per cent, DIIs 21.52 per cent.

While volatility is likely to play out in 2023 as well because developed economies like the US and Europe are on the brink of a recession and the fight against inflation is far from over, for experts, India is a buy on dips market.

A total of 2,080 shares changed hands on the counter till 11:06AM (IST)

The counter is making higher highs and higher lows. It has created a strong base in a cluster of the 20-and 50-day moving averages, and the RSI is also holding the 50-mark; therefore, we can expect the bullish momentum to continue.

Also, board meetings of Hinduja Global Solutions and SBC Exports for mulling share buyback or share repurchase are lined up for today. Acrow India’s board will meet for general purposes, while Gujarat State Financial Corporation will come out with its September quarter results. Further ahead in the week, board meetings of Sarthak Metals, Vivo Bio Tech and Supreme Infrastructure among others are lined up.

We have collated stocks from various experts for traders who have a short-term trading horizon:

"We have been very positive across the capital goods space as well as the ancillary or the proxy play which support power transmission and power distribution. It is also a proxy play towards India going into capex, greenfield and brown field projects. Most of these companies are part of the universe. Siemens is one company we hold across client portfolios. We can understand the enormous opportunity that India presents for the next three-five years."

“It has only been nine months since we opened and the south, in any case, has gone beyond pre-pandemic levels. The north, west, east is about 60% to 70% of pre-pandemic levels. Earlier, content was not being made. Now content is getting made full-fledged so there is much commitment from the film fraternity and appetite among people to go out and watch movies.”

These four stocks crossed their previous 5-year high value at the close on December 16, suggesting bullishness in counters.

Bajaj Auto, incorporated in the year 2007, is a Large Cap company (having a market cap of Rs 101656.64 Crore) operating in Auto sector.