Latest Stock Market News

NHPC Ltd., incorporated in the year 1975, is a Large Cap company (having a market cap of Rs 32997.94 Crore) operating in Power sector.

Among Sensex stocks, Bajaj Finance plunged 3.43 per cent to Rs 5,473. Bajaj Finserv tanked 3.31 per cent to Rs 11,845. Kotak Mahindra Bank dropped 3.30 per cent to Rs 1,734. IndusInd Bank, ICICI Bank, SBI and HDFC slid over 3 per cent each.

Stocks that were in focus included names like Suzlon which fell more than 3 per cent, Indiabulls Housing Finance which fell by over 4 per cent, and IIFL Finance which rose by over 7 per cent on Friday.

Hindustan Aeronautics Ltd., incorporated in the year 1963, is a Large Cap company (having a market cap of Rs 63254.41 Crore) operating in Defence sector.

"A sustainable transformation is the market transition we are making whether in EV or fuel, renewable energy and carbon capture and the huge commitment towards biodiversity and water consumption," said N Chandrasekaran while replying to a question on the green mobility.

Metropolis chief executive Ameera Shah and her family has initiated a formal process to sell the controlling promoter stake and is understood to have hired investment bank Barclays to initiate a formal sale.

The stock fell over the past nine consecutive sessions - from ₹837 to ₹709.70 on Friday. Analysts expect a further correction in the stock, and according to them, the low made on the first day of trade after the lock-in period may act as a support for a fundamentally sound business.

Gold prices saw volatile trading on Friday, as focus turned to economic risks after elevated U.S. inflation readings bolstered bets for aggressive interest rate hikes

HDFC Bank, the largest private sector lender, said it has registered a 23 per cent growth in total advances in Maharashtra to Rs 3.28 lakh crore in FY22, and it commands a 13 per cent share by total business perspective in the western state.

Tata Sons and group companies are well-capitalised with robust balance sheets and every major company has staged a turnaround in the last four years to contribute in a significant manner to group profits, says Tata Sons chairman N Chandrasekaran.