Latest Stock Market News

Garuda Construction and Engineering IPO was subscribed 6 times on the last day, with strong retail demand. As of 2 pm, retail investors had subscribed 9.14 crore bids against 97.3 lakh shares reserved for them.

AI is reshaping crypto options trading. Saketh Ramakrishna demonstrated how to use AI for market analysis and trading strategies. He achieved a 20% return in ten weeks with an initial investment of Rs 1 lakh. Effective leverage management is crucial for success in crypto options trading

Amnish Aggarwal from Prabhudas Lilladher analyzes the current stock market. He notes geopolitical stability and election results as recent drivers. Aggarwal sees potential in sectors like two-wheelers and specific stocks like Hero and TVS. He advises a stock-specific approach, expressing caution due to possible earnings downgrades if consumption growth does not meet expectations.

As of 30-Jun-2024, promoters held 59.28 per cent stake in the company, while FIIs held 24.61 per cent and domestic institutional investors had 5.04 per cent.

The Relative Strength Index of the stock stood at 32.35 on Thursday.

Vedanta, led by Anil Agarwal, cancels its board meeting due to unforeseen circumstances, causing a 2% drop in stock prices. The meeting, initially rescheduled, aimed to declare and approve the fourth interim dividend. No further details were provided regarding the cancellation.

The stock quoted a 52-week high of Rs 2312.0 and a 52-week low of Rs 1113.0.

Shares of Rain Industries surged 9% on Thursday, reaching a day’s high of Rs 180.75 on the BSE, following news that its wholly-owned subsidiary, Rain Carbon, has partnered with Northern Graphite to develop natural graphite battery anode materia