Latest Stock Market News

Bajaj Holdings shares rise 0.27% as Sensex slides

Updated at : 2022-01-19 11:30:02

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A total of 336 shares changed hands on the counter till 10:46AM (IST)

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Ramkrishna Forgings Ltd., incorporated in the year 1981, is a Small Cap company (having a market cap of Rs 3238.08 Crore) operating in Auto Ancillaries sector.

As Bitcoin heads into 2022, a growing cohort of long-term investors is doubling down on its stashes of the cryptocurrency, hoping a December dip was merely a blip.

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“We are quite excited about the entire pharmaceutical plus healthcare space along with automobiles and real estate.”

“We remain very constructive on the outlook for the economy. We are already seeing very strong signs of consumer demand resurgence that is coming into the consumer discretionary sector and that is visible in strong numbers that some of the retail companies are reporting.”

Ravindra Rao, CMT, EPAT, VP- Head Commodity Research at Kotak Securities said gold trades in a range as support from inflation concerns, rising virus spread and geopolitical issues are countered by higher US and global bond yields, firmness in US dollar and lack of ETF buying.

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“Infrastructure spending is expected and power capacities are getting built up along with power equipment. So companies like Thermax, Siemens and L&T which are in this space should benefit.”

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Some 30 analysts tracking the stock have a median target of Rs 536.50, which suggests a limited single-digit upside potential in Tata Motors.

Add ITC, target price Rs 250: ICICI Securities

Updated at : 2022-01-19 10:20:03

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ITC Ltd., incorporated in the year 1910, is a Large Cap company (having a market cap of Rs 272022.24 Crore) operating in Tobacco sector.

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While bitcoin and ether both posted gains last week - up 2.9% to $43,107 and up 6.3% to $3,350, respectively - they are still some way off their 2021 highs of $69,000 and $4,868.

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