Latest Stock Market News

“From very early July or maybe the first week of July, we expect to start booking tickets.. At Akasa, we hope to have very affordable fares for our consumers as well as a level of customer service that is warm, friendly, and comfortable. We hope that we will be able to provide our consumers with a very good travel experience and extremely affordable fares.”

Ashok Leyland Ltd., incorporated in the year 1948, is a Large Cap company (having a market cap of Rs 38558.15 Crore) operating in Auto sector.

While things might look bleak, I firmly believe this is a great time to go back to the drawing board and work on products and services that have the potential to disrupt the crypto industry as and when things stabilise over the next few months.

Jhunjhunwala’s move disappointed investors but the IPO news brought the bulls back to the counter. Delta stock was placed under F&O ban today.

"In India we never had that many companies, we had hardly five or six companies. When we look at sectors like chemicals, for example, they seem to be in some extremely high-valued sectors, some of the small caps in certain sectors look very overvalued. So maybe those areas will not form part of the next bull market.

“I feel that we have a little more to slip – 4-5%. I think maybe 14,500 on the Nifty. We moved 3% intraday yesterday. It is not something massive. But I feel that the market would then consolidate for some period of time. The reason is that in the last decade, we always had V-shaped corrections whenever the markets fell.”

Vodafone Idea’s total user base slid to just over 25.9 crore in April. India’s total wireless subscriber count witnessed a slight increase to 114.3 crore users at the end of April 2022.

“For at least six months it is going to be very volatile because the Fed is contracting the balance sheet. For most government securities, Fed was the biggest buyer. We do not know how it plays out but once inflation settles at a more palatable level, focus would come back on micro and fundamentals which remain very healthy for an economy like India.”

Jhunjhunwala, who along with his better half Rekha owned 5.1 per cent stake in the Tata Group company, several other long-term investors have been bullish on Titan stock. PMS fund manager Saurabh Mukherjea had recently said that after TCS and HDFC Bank, Titan is the third stock that can become a $1 trillion company after 10 years.

"Robust performance during challenging times and industry leading performance will continue to warrant premium valuations for Trent. We maintain our BUY rating on the stock," said ICICIdirect in a note. This brokerage has a target of Rs 1,470 on the stock.