Latest Stock Market News

"Among the three-four sub-sectors of technology, which could see a lower spending from next year’s perspective, technology spending, particularly in IT services, figures in the top four"

In the previous trade, the precious metal had touched Rs 52,263 per 10 grams.Silver also gained Rs 311 to Rs 62,022 per kg from Rs 61,711 per kg.The rupee depreciated 16 paise to an all-time low of 82.33 against the US dollar in early trade on Friday as a firm American currency and risk-averse sentiment among investors weighed on the local unit.

Zhao said the tokens were stolen from a blockchain "bridge" used in the Binance-linked blockchain called BNB Chain, known as Binance Smart Chain until February.Blockchain bridges are tools used to transfer cryptocurrencies between different applications.

The provisional updates on the September quarter performance by FMCG companies did not surprise Roy and he said that the impact of a rural slowdown was expected in Q2 as well.However, he expects a recovery in rural demand in H2 because of the base effect and due to good monsoons in most parts of the country.

The 30-share Sensex surged 156 points to end at 58,222. Its broader peer, Nifty50, ended at 17,331, up 57 points.

The cut from the Organization of Petroleum Exporting Countries and allies including Russia, together known as OPEC+, is the largest since 2020 and comes ahead of a European Union embargo on Russian oil. The decision would squeeze supplies in an already tight market, adding to inflation.

Promoters held 50.83 per cent stake in the company as of 30-Jun-2022, while FII and DII ownership stood at 26.62 per cent and 0.55 per cent, respectively.

Federal Bank Ltd., incorporated in the year 1931, is a banking company (having a market cap of Rs 25210.56 Crore).

"Three to six months ago, we did a lot of brainstorming within a company and realised that the only product geared up for increasing interest rates was the floating interest category"

The Relative Strength Index of the stock stood at 45.38 on Friday.