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As the Sensex rallied over 1,000 points on Friday, investors were left richer by around Rs 4 lakh crore as the total market capitalisation of all BSE-listed stocks shot up to Rs 273.82 lakh crore.

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Time period given by analyst is one year when TCI Express Ltd. price can reach defined target.

SRF shares gain 1.39% as Sensex rises

Updated at : 2022-10-14 11:20:01

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The stock quoted a 52-week high of Rs 2864.35 and a 52-week low of Rs 1975.0.

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Gold prices dropped to a two-week low on Thursday as a higher-than-expected rise in US September inflation cemented bets, the Federal Reserve will persist with aggressive interest rate hikes, said ICICI Direct Research in its morning note.

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Promoters held 46.86 per cent stake in the company as of 30-Jun-2022, while FII and DII ownership stood at 10.1 per cent and 3.83 per cent, respectively.

Buy Infosys, target price Rs 1750: Axis Securities

Updated at : 2022-10-14 11:20:01

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Infosys Ltd., incorporated in the year 1981, is a Large Cap company (having a market cap of Rs 625462.82 Crore) operating in IT Software sector.

The Nifty Realty index was trading 0.53 per cent up at 425.7.

Concor shares up 1.27% as Nifty gains

Updated at : 2022-10-14 11:20:01

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A total of 7,020 shares changed hands on the counter till 10:56AM (IST).

"Gold should always find at least ~10-15% weight in a portfolio given its negative correlation with equities. This is particularly true in India because gold is also an elegant way to play currency. Gold USD may have proven to be a poor investment over the last few years, but in India, it allows you to play currency depreciation in a very accessible way."

“I like IT largecaps in the long term because they are cash generating companies, they have no debt, they keep on giving dividends and doing buybacks and at some stage, they will become a buy – maybe six months or nine months down the line, when there is a lot of negativity around. That is the time we will have to buy them.”

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