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The sugar firm posted a consolidated net loss of Rs 162.37 crore in Q2FY23 against a loss of Rs 113.01 crore in Q2 FY22. However, its revenue dropped about two per cent to Rs 1,323.40 crore in the same quarter.

Adani Group have led the gainers as 5 out of 7 listed companies from the Gautam Adani led conglomerate are included in this list as their cumulative mcap has jumped by Rs 5.51 lakh crore.

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Polycab India, incorporated in the year 1996, is a Mid Cap company (having a market cap of Rs 40019.64 Crore) operating in Consumer Durables sector.

Bitcoin held the $17,000 mark, whereas Ethereum was marching towards the $1,300 mark. The Federal Open Market Committee would likely raise interest rates 50 basis points instead of continuing its current diet of 75 bps.

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The brokerage lifted China to overweight from an equal-weight position it had held since January 2021. It raised its end-2023 targets for the MSCI China Index to 70 from 59 and for the Hang Seng Index to 21,200 from 18,200.

Shares of BEL fall as Nifty drops

Updated at : 2022-12-05 12:25:03

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On the technical charts, the 200-day moving average of the stock stood at Rs 88.37.

Buy ICICI Bank, target price Rs 1150: Motilal Oswal

Updated at : 2022-12-05 12:25:03

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ICICI Bank, incorporated in the year 1994, is a banking company (having a market cap of Rs 649445.29 Crore).

Morgan Stanley maintained an overweight rating on ICICI Bank with a target price of Rs 1250. The global investment bank sees further room to improve market share in higher-margin segments.

2022 was impacted by FII selling, Russia Ukraine war, high inflation, and a sharp increase in interest rates. We believe that inflation has mostly peaked and the pace of interest rate hikes will be lower in the coming months.

The Indian market has opened on a weak note today. We have collated stocks from various experts for traders who have a short-term trading horizon

Warning! Information Posting in this website is only for educational purpose. We are not responsible for losses incurred in Trading based on this information.