Latest Stock Market News
Au Small Fin Bank shares fall 2.66% as Nifty gainsUpdated at : 2022-06-09 15:30:02 Rate this item (1 Vote)The stock quoted a 52-week high price of Rs 732.9 and a 52-week low of Rs 467.5. |
Will add positions if Nifty falls to 14,000-14,500: Christopher WoodUpdated at : 2022-06-09 15:30:02 Rate this item (1 Vote)“I will just add to the positions in my existing portfolio. I remain very bullish on India structurally. This is a year with the monetary tightening going on but in America and India if the Indian market can trade sideways this year for the most of this year that is a very good outcome.” |
Front-loaded rate hikes margin positive for banks for now; ICICI, SBI best positionedUpdated at : 2022-06-09 15:30:02 Rate this item (1 Vote)The central bank has set the stage for more rate hikes by sharply increasing its inflation projections for the current year. India faces significant upside risks to inflation from the surge in global commodity prices following Russia’s invasion of Ukraine. |
Safe bets! Banks, FMCG among top 5 sectors to buy as rates rise: Satish MenonUpdated at : 2022-06-09 14:20:03 Rate this item (1 Vote)"Mid & smallcaps generally will continue to underperform the broad market in the short-term due to high valuation, downgrade in business outlook, and fall in market liquidity. However, quality names within the segment should do well, encouraging stock-specific buying. I feel that it is time for specific stock picking in the broader market with a long-term view." |
Equity MF inflows continue to be robust, investors pour in Rs 18,500 cr in MayUpdated at : 2022-06-09 14:20:03 Rate this item (1 Vote)Amfi data released for the month on Thursday said investors poured in a net Rs 18,529.43 crore in equity oriented funds, compared to Rs 15,890.38 crore in April. Flexicap funds got the biggest net investment of Rs 2,938.93 among categories, followed by Large Cap Fund that received net 2,485.37 crore. |
Havells India shares fall 0.7 per cent in Thursday's trading sessionUpdated at : 2022-06-09 14:20:03 Rate this item (1 Vote)The Relative Strength Index of the stock stood at 30.03 on Thursday. |
Ashok Leyland stock price down 1.23 per cent as Sensex slidesUpdated at : 2022-06-09 14:20:03 Rate this item (1 Vote)As of 31-Mar-2022, promoters held 0.0 per cent stake in the company, while FIIs held 13.34 per cent and domestic institutional investors had 15.31 per cent. |
The giant awakens! ITC has been on roll this year but could see up to 30% further upsideUpdated at : 2022-06-09 14:20:03 Rate this item (1 Vote)Shares of FMCG major hit a 52-week high of Rs 282.35 apiece in May and have risen 23 per cent so far this year. The recent rally in the share prices has been accompanied by an increase in exposure by foreign portfolio investors (FPIs) on the counter after four quarters of selling. Market experts are now overweight on the stock and believe it is in a bull trend and will continue to outperform. |
Adani Ent. shares rise 0.06 per cent in Thursday's trading sessionUpdated at : 2022-06-09 13:25:02 Rate this item (1 Vote)The Relative Strength Index of the stock stood at 51.45 on Thursday. |
Buy Sagar Cements, target price Rs 265: Emkay GlobalUpdated at : 2022-06-09 13:25:02 Rate this item (1 Vote)Sagar Cements Ltd., incorporated in the year 1981, is a Small Cap company (having a market cap of Rs 2377.61 Crore) operating in Cement sector. |