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LTIMindtree shares drop 2.12% as Sensex falls

Updated at : 2023-03-10 15:50:02

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The stock quoted a 52-week high of Rs 6520.0 and a 52-week low of Rs 3733.25.

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The Relative Strength Index of the stock stood at 48.53 on Friday.

ICICI Bank, incorporated in the year 1994, is a banking company (having a market cap of Rs 586453.78 Crore).

At a time when uncertainty looms over the industry, led by high inflation, unpredictable monsoons, continued weak rural sales, and delay in commodity costs decline, ITC’s earnings performance in the last couple of years and FY24 shines like a beacon, said Motilal Oswal.

"This impacted sentiments, and banking stocks took a beating on concerns that rising interest rates might trigger loan repayment defaults. This is a US-specific issue and will not have an impact on Indian banking stocks. But the sentiment impact can be negative," he cautioned.

The total volume in DeFi is currently 5.03 billion, 7.6% of the total crypto market 24-hour volume. The volume of all stablecoins is now $60.73 billion, which is 91.83% of the total crypto market 24-hour volume.

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A total of 4,528 shares changed hands on the counter till 01:43PM (IST)

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Under the IPO, Tata Motors intends to sell 81,133,706 shares of its subsidiary. Two other shareholders - Alpha TC Holdings and Tata Capital Growth Fund I - of the company are also selling shares in the offer.

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The Relative Strength Index of the stock stood at 48.5 on Friday.

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The European banking index hit a six-week low after U.S. tech-industry lender SVB Financial Group launched a share sale to shore up its balance sheet due to declining deposits from startups struggling for funding

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