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Stock market update: Nifty Auto index falls 1.03%

Updated at : 2023-04-21 17:30:05

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The Nifty Auto index closed 1.03 per cent down at 12898.75.

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The company said that its revenue was impacted during the quarter due to cost increase on account of certain cost provisions made. These provisions have impacted the percentage-of-completion and led to a revenue reversal in ongoing EPC projects.

Bitcoin and Ethereum both suffered losses, with Bitcoin dropping 3.35% to $28,026 and Ethereum falling below the $1,950 level. Other major cryptocurrencies also traded lower, with Dogecoin declining by over 8%. The global cryptocurrency market cap decreased by 2.49% in the last 24 hours, with the market cap of Bitcoin standing at around $542 billion

Relaxo Footwears, incorporated in the year 1984, is a Mid Cap company (having a market cap of Rs 20536.40 Crore) operating in Leather sector.

"Gold price traded modestly down with spot gold at Comex was trading lower by 0.06% at $2,003.0 per ounce in the morning trade. Upside was capped by hawkish commentary from Federal Reserve officials while weaker US macro data protected the downside in yellow metals. Data showed the labour market is starting to soften," Saumil Gandhi, Senior Analyst (Commodities) at HDFC Securities said.

The Relative Strength Index of the stock stood at 60.88 on Friday.

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As Apple is expanding its market reach, which will surely help its profitability, here is the YoY market cap data that shows how it crossed $2 trillion m-cap in 5 years.

Within the midcap category, the majority of stocks have experienced a drop of over double digits from their peak, with five stocks from the list falling more than 50%.

Godrej Properties shares down 1.03% as Nifty falls

Updated at : 2023-04-21 15:20:04

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The stock quoted a 52-week high price of Rs 1674.0 and low of Rs 1005.7.

The stock was trading at Rs 581.90 on the BSE on Friday at 12:45 pm and was up Rs 49.90 or 9.38% from the previous closing price on Thursday.

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