Latest Stock Market News

Promoters held 45.25 per cent stake in the company as of 30-Jun-2024, while FII and DII ownership stood at 17.03 per cent and 19.35 per cent, respectively.

The stock quoted a 52-week high of Rs 6442.65 and a 52-week low of Rs 4518.35.

Over time, that strategy has resulted in us identifying many stocks that have done well. For example, we had Page Industries, which was 100x. We had Bajaj Finance, which was almost 28 times. Eicher Motors as well. And a few other names like that.

Macquarie and UBS both maintain Neutral ratings on Airtel, with target prices of Rs 1,280 and Rs 1,530, respectively. The company saw softer growth, with PAT exceeding expectations due to one-offs and EBITDA margin expansion from lower network costs. However, ARPU misses and enterprise performance could impact sentiment.

On August 5, six NSE stocks with market caps over Rs 50,000 crore closed below their 200 DMA, signaling a negative trend as their prices fell beneath the long-term trend line.

After Monday’s surge, the India VIX dropped over 13% to 17.7. All 30 Sensex stocks were in the green, with Tata Motors, Tech Mahindra, L&T, Infosys, JSW Steel, HCL Tech, and Maruti leading gains of up to 3%. All major sectoral indices were trading with gains, with auto, IT, media, Metal, PSU bank, realty, cons durables, and oil & gas rising between 1-3%.

Max Healthcare Institute Ltd., incorporated in the year 2001, is a Small Cap company (having a market cap of Rs 84143.32 Crore) operating in Hospitals & Allied Services sector.

The Indian market was projected to open higher on Tuesday, driven by global optimism. The Nifty Future fell by 2.50% to 24,094 on Monday. Analysts outlined key trading ranges and provided stock recommendations, including ITC, Tata Motors, and HPCL, with target prices and stop losses for short-term investors.

Promoters held 0.0 per cent stake in the company as of 30-Jun-2024, while FII and DII ownership stood at 54.11 per cent and 12.52 per cent, respectively.