Latest Stock Market News

Buy Trent, target price Rs 1500: Axis Securities

Updated at : 2022-08-23 12:40:02

Rate this item

(1 Vote)

Trent Ltd., incorporated in the year 1952, is a Large Cap company (having a market cap of Rs 47142.97 Crore) operating in Retail sector.

Rate this item

(1 Vote)

"The market mood has suddenly changed after the release of the Fed minutes which indicate steeper rate tightening than what the market had discounted. Now, the focus will be on what the Fed chief Powell will say at the Jackson Hole symposium on Friday," said V K Vijayakumar of Geojit Financial Services.

Buy RBL Bank, target price Rs 125: Emkay Global

Updated at : 2022-08-23 11:45:02

Rate this item

(1 Vote)

RBL Bank Ltd. key Products/Revenue Segments include Interest & Discount on Advances & Bills, Income From Investment, Interest On Balances with RBI and Other Inter-Bank Funds and Interest for the year ending 31-Mar-2021.

Max Financial share price up 1.5 per cent

Updated at : 2022-08-23 11:45:02

Rate this item

(1 Vote)

A total of 6,116 shares changed hands on the counter till 10:20AM (IST).

Tata Power shares rise 1.2% as Nifty gains

Updated at : 2022-08-23 11:45:02

Rate this item

(1 Vote)

The stock quoted a 52-week high price of Rs 298.0 and a 52-week low of Rs 121.75.

Rate this item

(1 Vote)

Muthoot Finance Ltd., incorporated in the year 1997, is a Large Cap company (having a market cap of Rs 42094.57 Crore) operating in NBFC sector.

Rate this item

(1 Vote)

The Relative Strength Index of the stock stood at 57.6 on Tuesday.

Rate this item

(1 Vote)

Promoters held 48.76 per cent stake in the company as of 30-Jun-2022, while FII and DII ownership stood at 20.71 per cent and 9.82 per cent, respectively.

"The future continues to look bright. The government has been pushing capex and has asked the infrastructure ministries to achieve 60% (~4.45 lakh crores) of the FY23 capital expenditure budget by the September quarter to support the economy. The ministries have been asked to avoid any delays in completion and provide detailed monthly plans and progress reports. This clear mindset of the government will play a key role in achieving the $5 trillion economy."

“Some more consolidation is likely to happen in the market in some of the stocks and sectors which had kind of run up very sharply, and where we had seen sharp growth. So the fundamentals do not change but when we oscillate between greed and fear, that needs to come back to normal and that is where we have seen profit happening.”

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