Latest Stock Market News

Rate this item

(1 Vote)

Jyothy Labs, incorporated in the year 1992, is a Mid Cap company (having a market cap of Rs 6940.24 Crore) operating in FMCG sector.

Rate this item

(1 Vote)

From the Sensex pack, Nestle, L&T, Bajaj Finance and Bajaj Finserv were the top gainers, rising over 1%. Reliance, Bharti Airtel, Axis Bank and Asian Paints also opened with gains. On the other flip side, Tech Mahindra, Power Grid, ITC and IndusInd Bank opened with cuts.

Rate this item

(1 Vote)

OysterRock Capital is a venture capital firm that is bullish on the market and believes that there are many opportunities to be found in the market at this time. They believe that the market is expensive right now, but that is changing and they are seeing better prices for their investments. They also believe that there are many opportunities to be found in the market in terms of acquisitions and capex. They advise investors to look for companies with good growth prospects and good underlying financials.

Rate this item

(1 Vote)

Dabur India, incorporated in the year 1975, is a Large Cap company (having a market cap of Rs 95250.00 Crore) operating in FMCG sector.

With global economic uncertainty persisting, and central banks around the world continuing to provide liquidity to the markets, it is expected that there will be positive returns for investors in the near future, even in the event of a correction. While there are still some risks to consider, such as regional banks in the US, overall, the global economy is doing well. Indian earnings are looking robust, and while valuations are becoming attractive, there is still scope for further compression.

"In Q3, capital goods companies reported strong margin expansion. This is usually a good lead indicator of a strong demand outlook (so that competitive intensity is less), better capacity utilisations or new capabilities that are not yet commoditized," said Prateek Agarwal of Motilal Oswal Asset Management Company.

ICICI Pru Life shares up 2.39% as Nifty gains

Updated at : 2023-03-21 11:20:03

Rate this item

(1 Vote)

The stock quoted a 52-week high price of Rs 608.65 and low of Rs 380.95.

Crypto wants its shine back

Updated at : 2023-03-21 11:20:03

Rate this item

(1 Vote)

Crypto companies were “moving gradually towards changing the narrative” even before Bankman-Fried’s exchange failed in November, said Todd Irwin, the chief strategy officer at Fazer, a branding agency that has clients in the industry. “After the FTX incident, the move has been turbocharged.”

Motilal Oswal initiated a buy on Phoenix Mills with a target of Rs 1700. The brokerage firm expects the company to deliver 34% CAGR in EBITDA of the rental portfolio.

Equities may get a spur in the second half of the calendar year 2023 when inflation drops and central banks begin to cut interest rates, says IIFL Co-founder R Venkatraman. He, however, expects Nifty, which is down 10% from its peak, to end 2023 at around the 17,000 mark. Venkatraman also talks about outlook on bank stocks and sectors that are likely to outperform in FY24

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