Latest Stock Market News

A total of 5,191 shares changed hands on the counter till 11:47AM (IST).

A total of 34,536 shares changed hands on the counter till time (IST).

Bitcoin, akin to other peers, has wiped off about 70 per cent of its value from peak. It plunged to the lowest in about 18 months after the freezing of withdrawals by the Celsius lending platform added to concern that systemic risk in the crypto ecosystem will accelerate the digital-asset market meltdown.

“Unless the excesses of the pandemic are removed, the market will not settle. We have been seeing this in individual stocks. All these stocks are landing in their pre-pandemic levels especially in Nasdaq. So until S&P breaches the 3300-3400 zone, which is around 14x-15x multiple, we should not feel that we are out of the woods.”

At 9.25 am, the BSE Sensex was trading 215.28 points or 0.41 per cent lower at 52,631.42. Nifty50 was trading at 15,716.20, down 58.20 points or 0.37 per cent. Midcap and smallcap indices edged 0.2 per cent higher each.

The Relative Strength Index of the stock stood at 43.11 on Tuesday.

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

The stock quoted a 52-week high of Rs 3000.0 and a 52-week low of Rs 860.5.

Coal India (CIL), in which the central government holds two-third stake, is the star performer even in the last one-month period with a return of over 17 per cent. The stock had hit a 52-week-high of Rs 209 on April 22, 2022 and is now trading at a PE of 10.91.

SBI Life Insurance Company Ltd., incorporated in the year 2000, is a Large Cap company (having a market cap of Rs 113389.58 Crore) operating in Financial Services sector.