Latest Stock Market News

Among Sensex names, TCS rose 1.8 per cent to Rs 3,924 apiece on BSE. The IT major will report its quarterly earnings on Wednesday and its board will consider a share buyback.

Oil lost more ground on Monday as rapidly climbing cases of the Omicron COVID-19 variant hit economic activity, although losses were curbed by supply disruptions in Kazakhstan and Libya. Brent crude slid 38 cents, or 0.46%, to $81.37 a barrel, while U.S. West Texas Intermediate (WTI) crude was down 34 cents, or 0.43%, to $78.56 a barrel.

Asian share markets were muted on Monday as investors count down to another U.S. inflation reading that could well set the seal on an early rate hike from the Federal Reserve, lifting bond yields and punishing tech stocks.

GNA Axles, 5Paisa Capital, Vikas Lifecare, Ganga papers India, Excel Realty and Add-Shop ERetail are among the companies that will announce their December quarter results today.

The 248-room and suites property at Columbus Circle, is one of the city’s uber luxury lodging establishments towering over Central Park in mid-town Manhattan, frequented by Hollywood celebrities and hedge fund billionaires.

Ahead of this week’s interactions of startups with key policymakers, including the PM, the government on Sunday said that it is looking at demands for direct overseas listing by several companies, but pointed to the development of a healthy ecosystem within the country.

The valuation of Reliance Industries Limited (RIL) zoomed by Rs 46,380.16 crore to reach Rs 16,47,762.23 crore.

The GDP numbers are spot on as compared to what we expected. With Omicron and a global surge in Covid cases, the GVA number is slightly higher than expected, says Saugata Bhattacharya, Chief Economist, Axis Bank.

Those having lumpsum cash to invest can create a synthetic SIP by making lumpsum investments in liquid fund and set up a weekly/fortnightly or monthly transfer plan to equity funds.

The benchmark indices moved from strength to strength, thanks to healthy buying across sectors, especially the banking pack. However, the momentum paused later on in the week as the US Fed meeting minutes suggested tightening of monetary policy and a faster than expected rate hike.