Latest Stock Market News

The NSE Nifty index was trading 31.8 points up at 16666.45

Seven of these stocks have beaten the index returns by delivering up to 128 per cent return year-to-date. These include SAIL, IDFC, Dish TV, Ircon International, Dishman Carbogen Amcis and JK Paper.

Shares of Swan Energy have underperformed the benchmark indices in the last one year. The scrip has added 10 per cent during the period where BSE Sensex has jumped 45 per cent.

As of 30-Jun-2021, promoters held 59.47 per cent stake in the company, while FIIs held 24.01 per cent and domestic institutional investors had 2.93 per cent.

Hindustan Aeronautics Ltd., incorporated in the year 1963, is a Large Cap company (having a market cap of Rs 42781.54 Crore) operating in Defence sector.

"When the government comes up with these mega pipelines — infrastructure pipeline earlier, monetisation pipeline now — the numbers are staggering, very big. There is absolutely no capacity, no clarity of structure. The sheer inability and the record of the government in carrying out such transactions makes me very suspicious."

Shares of NBCC (India) and NMDC fell 16-17 per cent since July 1 despite reporting a 2-3 times jump in year-on-year Q1 sales. Ircon International, Dixon Technologies (India) and Bajaj Auto also declined despite logging in strong year-on-year numbers for the June quarter.

“As indications come that easy money conditions may peter out and interest rates may go higher, one needs to find high ROE, ROCE companies; zero debt companies which are free cash flow generating machines and FMCG companies make good bets.”

Here is a look at how different commodities are behaving in today’s market.

“You cannot go away from the reforms… we have to make sure that what we have announced is implemented in a short period of time. This is an important administrative problem and the number of ministries which are involved in doing anything that we want to do on the economic policy is also a problem.”