Latest Stock Market News

Whereas Jubilant Ingrevia is well placed to capitalize on long-term growth opportunities given by the 60 new products pipeline, strong traction in CDMO, import substitution, China+1 policy and commensurate Capex outlay of Rs 20.5bn over FY22-25, said the brokerage.

Following its impressive show in Q2 business update, Titan shares ended 5.2% higher on Friday and closed a tad below its lifetime closing high. “We believe the stock will surpass its lifetime high of Rs 2,768 and explore uncharted territory, which could take it towards Rs 3,000,” says Jatin Gohil, Technical and Derivative Research Analyst at Reliance Securities, in this interview with ETMarkets. Edited excerpts:

The second largest cryptocurrency, Ethereum, has been changing hands above the $1,300 level. Ethereum has been experiencing the heat of macroeconomic factors post the Merge. If Ethereum can close the week by trading above the $1,400 level, we might see an upward trend in the coming week.

Rate this item

(1 Vote)

The indicator is a measure of the difference between a company’s fixed and variable costs. It can turn negative in the wake of peak inflation when some of a company’s costs remain high but isn’t able to offset them by raising prices because demand has faltered.

Due to short covering moves seen post September settlement, the futures open interest has been relatively lower in Bank Nifty and fresh shorts were not seen during the week. However, stock specific significant activities were observed ahead of result season and major Call writing positions are visible among PSU stocks and we may see limited upsides in this pack.

Second-quarter earnings will be led by the banking and finance, consumer, and automobile sectors and dragged down by commodity sectors such as metals and oil and gas, said Gautam Duggad, institutional research head at Motilal Oswal Financial Services.

The US Federal Reserve will release its minutes of meeting for the last meeting on Wednesday, when it announced a rate hike of 75 basis points. Markets will be looking at the commentary from the Fed members in order to tame the rising inflationary pressure.

Consider having some exposure to international funds once your domestic MF portfolio is well-diversified. Ideally an average investor should take 5% to 10% exposure to international funds.

We are one of the biggest importers of defence equipment and the government is very clear of going atmanirbhar on this of self-reliance.

Tracxn Technologies aims to raise Rs 309.38 crore via its initial stake sale, which is entirely an offer for sale (OFS) of up to 3.86,72,208 equity shares with a face value of Re 1 each by the promoters and existing shareholders of the company.

Warning! Information Posting in this website is only for educational purpose. We are not responsible for losses incurred in Trading based on this information.