Latest Stock Market News

The company said its revenue from operations rose 1.25 per cent YoY to Rs 9,022 crore

“In FY21, there was a 50% growth in CNG cars versus FY20 and in the first six months of this financial year, we have already seen a 97% growth and with a 7% penetration in the market, this industry is going to touch or maybe cross more than two lakh in a year.”

The United States, Canada and Brazil are set to pump at all-time highs for the year while Saudi Arabia and Russia could also break their output records.

“We think the economy is going to improve, earnings are going to improve and to that extent, earnings growth in the small and midcaps is going to be sharper than the earnings growth in the largecaps over the next two-three years and that is one reason why you have to buy the small and midcaps and keep it because that will give you bigger return in your portfolio.”

The Nifty Realty index closed 0.15 per cent down at 501.9.

The 30-share pack Sensex tanked 654.04 points or 1.08 per cent to close at 60,098.82

Its Vice-Chairman T Shivaraman said, "The resumption of REC (renewable energy certificates) trading during November 2021 resulted in an increased cash inflow of Rs 42 crore during the quarter. The REC trading is expected to be buoyant in the periods to come."

NSE is ranked fourth in the world in cash equities by the number of trades as per the statistics maintained by the World Federation of Exchanges (WFE) for the calendar year 2021.

“Anchor allocations were very successful. We have Indian as well as international financial institutions and companies like HDFC Mutual Fund, Nippon, White Oak, Think Investments, Plutus, Saint, Quant, and Abacus in our anchor list and it has been fully subscribed.”

The total revenue of the company rose to Rs 1,984 crore in the quarter from Rs 1,659 crore a year ago.