Latest Stock Market News
Microsoft rejoins Apple in $2 trillion club as rally acceleratesUpdated at : 2023-02-09 23:25:03 Rate this item (1 Vote)Microsoft rose as much as 3.4% to $276.76 early Wednesday, joining Apple Inc. as the only stocks with market capitalizations above $2 trillion. This is the first time it has exceeded that level since August after rallying 29% from a November low. Apple has a market value of about $2.44 trillion. |
Varun Beverages Block Deal: Promoters likely to sell Rs 850-crore worth stake on FridayUpdated at : 2023-02-09 22:35:04 Rate this item (1 Vote)Promoters, led by Ravikant Jaipuria cumulatively hold 63.90% stake in Varun Beverages, the second largest bottling company for Pepsico’s beverages |
M&M Q3 Preview: EBITDA to grow faster than PAT on favourable mix, realisationUpdated at : 2023-02-09 22:35:04 Rate this item (1 Vote)The flagship company of Mahindra Group will release its earnings for the third quarter on Friday. Standalone revenue for the December quarter is seen rising 41% on-year to Rs 21,474 crore, according to the average of 8 brokerage estimates |
How much does India contribute to global market cap?Updated at : 2023-02-09 21:20:04 Rate this item (1 Vote)The top 10 countries account for ~80% of the global market cap, with India among the top five contributors. India’s share in the global m-cap stands at 3.1%, above its historical average of 2.5%. |
LIC Q3 Results: PAT jumps multi-fold to Rs 8,334 crore; net premium income up 14% YoYUpdated at : 2023-02-09 21:20:04 Rate this item (1 Vote)Net premium income rose 14% year-on-year (YoY) to Rs 1.12 lakh crore for the quarter under review. It was Rs 98,052 crore in the last year quarter. |
Gainers & Losers: Paytm, Piramal Pharma among stocks in focus todayUpdated at : 2023-02-09 20:20:03 Rate this item (1 Vote)Indian equity markets traded close to the flatline in the day, but ended marginally higher amid mixed global cues, with gains led by IT and financials. The BSE Sensex climbed 142 points to end at 60,806.22, while Nifty advanced 21.75 points to 17,893.45. |
Stock market update: Nifty Pharma index falls 0.44%Updated at : 2023-02-09 19:25:03 Rate this item (1 Vote)The Nifty Pharma index closed 0.44 per cent down at 12302.5. |
Tech View: Nifty charts hint at confusion in battleground. What traders should do on FridayUpdated at : 2023-02-09 19:25:03 Rate this item (1 Vote)The daily momentum indicator has a positive crossover which is a buy signal. Thus, both price and momentum indicators are suggesting further upside in the index |
SIP inflows of nearly Rs 14,000 cr in Jan! Will Dalal Street’s new don stay strong footed?Updated at : 2023-02-09 19:25:03 Rate this item (1 Vote)This was despite the sharp correction in equities last month, when benchmark Nifty50 shed over 2%. The 2.5% fall in India’s heartbeat index in January follows an over 3% correction seen in December.Equity mutual funds saw total inflows of Rs 12,546.5 crore in January, way higher than Rs 7,303.4 crore in December, data released by the Association of Mutual Funds in India (AMFI) showed |
FII vs DII on Dalal Street: Desi investor holding touches another all-time highUpdated at : 2023-02-09 19:25:03 Rate this item (1 Vote)The FII to DII ownership ratio also declined to an all-time low of 1.32 as on December 31, 2022, down marginally from 1.33 as on September 30, 2022. Over a 13-year period (since June 2009), FII share has increased from 16.02 per cent to 20.18 per cent while DII share has increased from 11.38 per cent to 15.32 per cent," PRIME Database said |