Latest Stock Market News

In the 9 months of the current financial year, RailTel has posted total revenue of Rs 1140 crore which is a 17.28 per cent growth over the 9 months of 2020-21

The initial public offering (IPO) of over 31.6 crore shares or 5 per cent government stake is likely to hit the market in March and employees and policyholders of the insurance behemoth would get a discount over the floor price

Total income also fell to Rs 2,056.31 crore in the third quarter of the fiscal from Rs 2,149.17 crore in the corresponding period of the previous year.

The railway ticketmaster said it resumed the services of cooked food in passenger trains of Indian Railways, which were suspended due to the Covid-19 pandemic in the country

Among the gainers, Tanla Platforms and Anant Raj hit an upper circuit each, whereas GMDC and TCPL were high in demand. On the contrary, NDTV saw some profit-booking, Jindal Poly Films was close to a lower circuit despite growth in the net profit

“Broadly, I am bullish on every bit of financials but specifically, the two areas which I like include some of the large banks. This is an area which I think can do really well. The other area which I like for a very long duration is insurance which has done really badly for at least six months.”

The Indian rupee closed 29 paise higher at 75.31 (provisional) against the US dollar on Tuesday.

Foreign institutional investors remained net sellers in the capital market on Monday as they offloaded shares worth Rs 4,253.70 crore, as per stock exchange data.

The airline recorded a 74% rise in the third quarter revenue to Rs 2,679 crore as against Rs 1,539 crore in the previous quarter as it added more destinations and newer aircraft to its fleet.

Despite hawkish central banks, inflation and asset bubbles being the top three market concerns, only 30% of investors expect an equity bear market in 2022. Russia-Ukraine tensions is the fifth biggest "tail risk" for markets.