Latest Stock Market News

Stabilization manager BofA Securities Europe SA gave notice to Volkswagen to partially exercise the greenshoe option in the amount of 11,059,061 non-voting preferred shares of Porsche, VW said. ($1 = 1.0321 euros) (Writing by Rachel More, Editing by Miranda Murray)

​Axis Securities expects infra companies under its coverage to see a 10 per cent revenue growth in Q2FY23. From the coverage list, two stocks, which are its preferred picks, H.G. Infra Engineering and KNR Constructions have turned multibaggers in the last three-year period.

The Relative Strength Index of the stock stood at 43.23 on Tuesday.

Benchmark indices are struggling to hold the key psychological levels. However, analysts suggest that the near-term view remains positive and traders should initiate long positions in select stocks to make a quick buck.

Dalmia Bharat Ltd. key Products/Revenue Segments include Income From Management Services for the year ending 31-Mar-2022.

Sectorally, selling pressure was seen in oil & gas, banks, auto, pharma, and FMCG stocks while some buying was visible in IT and media stocks.

The Nifty IT index was trading 0.91 per cent down at 27772.0.

Info Edge (India) Ltd., incorporated in the year 1995, is a Large Cap company (having a market cap of Rs 49542.80 Crore) operating in Services sector.

"FY23 as against FY21 and FY22 is a more structurally normal year with normal trends, whether in terms of seasonality or anything that is likely to play out"

Gold prices are expected to trade with a negative bias for the day amid a strong US dollar. It is likely to break the key support, it added. "Silver prices are likely to take cues from gold prices and trade in a downward trend."