Latest Stock Market News

Major crypto tokens were trading with big cuts as Solana plunged 11 per cent, followed by Avalanche which was down over 9 per cent. Polygon and Bitcoin dropped 8 per cent each. XRP and Ethereum shed 6 per cent each.

Titan Company Ltd. key Products/Revenue Segments include Jewellery, Watches, Precious & Semi Precious Stones, Eyewear, Others, Other Operating Revenue, Scrap, Other Services for the year ending 31-Mar-2022.

“There are good opportunities within some of the pockets where we have seen outperformance in the last three months which include banks, autos, consumer names, real estate, QSR plays and hotels. In fact, a lot of people would be on the sidelines and they would be waiting for some correction. ”

A total of 159,781 shares changed hands on the counter till 10:40AM (IST)

While Madhya Bharat Minerals emerged as the highest bidder for a coal mine in Chhattisgarh, Avassa Ferro Alloys bid the highest for a mine in Maharashtra.

Stocks that were in focus included names like Tata Investment, which rose more than 11 per cent, Campus Activewear which hit a fresh 52-week high and DB Corp closed with gains of 20 per cent on Tuesday.

Other than this, the bonus issue of AAA Technologies is lined up for Wednesday. The company shall trade ex-bonus. It had announced a 1:2 bonus share issue. Also, AGMs of Niyogin Fintech, KLRF and Dharamsi Morarj shall be held today.

Britannia Industries Ltd. key Products/Revenue Segments include Food Products, Other Operating Revenue, Scrap, Royalty Income for the year ending 31-Mar-2022.

"Investors continued to move away from highly valued and overpriced sectors to value-oriented segments of the market. Nifty IT Index is down 28% year-to-date, with sharp cuts in stock prices across large and mid-cap companies. At present, the valuations are comparatively better, but not compelling enough to take a serious interest for substantial investment. Another bout of correction, around 10%, would make the investors gravitate towards this sector once again."

“I am okay if tech stocks do not deliver for the next two quarters. Who cares? I do not buy for two quarters, I buy for multiple years. One never makes big money by thinking about six months and one year. In IT services, we have moved from the largecaps to specialised companies which structurally are growing faster.”