Latest Stock Market News

On the technical charts, the RSI of the stock stood at 60.24.

The Nifty Bank index closed 0.18 per cent down at 39368.8.

Time period given by analyst is Intra Day when Hemisphere Properties India Ltd. price can reach defined target.

“I do not think the banking industry has a great future, at least in the short term."

“EV has been the play for the last six months and that is the future.TVS Motors looks to be one of the top picks in the two-wheeler space. Second, one should also look at Tata Motors which has rallied quite a bit but some more upside is expected from here as well.”

Five brokerages have a median 12-month target of Rs 1,350 on the stock, suggesting single-digit upside potential ahead.

Provisional data showed FPIs sold Rs 2,445.25 crore worth of domestic equities on Tuesday.

Mahindra & Mahindra Ltd., incorporated in the year 1945, is a Large Cap company (having a market cap of Rs 110911.42 Crore) operating in Auto sector.

As of 30-Sep-2021, promoters held 48.76 per cent stake in the company, while FIIs held 21.71 per cent and domestic institutional investors had 9.28 per cent.

Nykaa IPO was open for subscription from October 28-November 1 to raise Rs 5,352 crore from its primary stake sale.