Latest Stock Market News

Among Sensex stocks, L&T gained 3.54 per cent to Rs 1,851.35. TechM and Bajaj Finserv added 1.5 per cent each. HCL Tech, Bharti Airtel, M&M and SBI gained over 1 per cent each.

“The new guidelines would in fact be a market enabler for some of the asset classes especially the residential mortgage backed securities where relaxation has been given on different parameters such as MHP (Minimum Holding Period) requirements and MRR (Minimum Retention Rate) requirements,” Abhishek Dafria said in an interview to ETMarkets.com.

JM Financial upped its price target to Rs 660 from Rs 630. Motilal Oswal Securities has a target of Rs 710 while Axis Securities has target Rs 775 on Wipro.

At 09:25 hours (IST) the company’s scrip was at Rs 1,233.40, up 0.98 per cent on the National Stock Exchange.

SRF Ltd. key Products/Revenue Segments include Chemicals (Industrial), Packaging Film, Textiles, Others for the year ending 31-Mar-2021.

A total of 7,046 shares changed hands on the counter till 10:41AM (IST)

Bodal Chemicals Ltd., incorporated in the year 1986, is a Small Cap company (having a market cap of Rs 1704.94 Crore) operating in Chemicals sector.

The Nifty Auto index was trading 0.52 per cent down at 11753.3.

On the technical charts, the RSI of the stock stood at 49.21.

Shares of Indian Energy Exchange have soared as much as 360 per cent in the last one year, whereas the scrip has surged 55 per cent in the last one month.