Latest Stock Market News

Jindal Stainless Ltd., incorporated in the year 1980, is a Small Cap company (having a market cap of Rs 6066.85 Crore) operating in Metals - Ferrous sector.

“Why will the EU and the US suffer by not taking crude directly from Russia but taking it via media and making other companies or other countries profit so significantly? I think that is a risk if nothing happens there then they are in a good space right now. ”

"The financial sector evolves when and where it is needed. Seeing as how crypto and blockchain have proven that they are here to stay, we are now seeing attempts by regulators to adopt them into the existing system. But the progress in this matter is rather slow, as regulators and governments are struggling to keep up with the quick pace of the crypto industry."

State Bank of India, incorporated in the year 1955, is a banking company (having a market cap of Rs 419322.87 Crore).

Asian Paints (up 14 per cent), Hero MotoCorp (up 13.3 per cent) and Mahindra & Mahindra (up 11.8 per cent) are three other stocks seeing over 1o per cent earning upgrades in FY23 estimates.

An increase in capacity of 22.6 million tonnes per year (mtpa) has been approved by the Board of Directors today, with a combination of brown field and green field expansion. By the end of FY25, these new capacities are planned to begin commercial production in a staggered way. In the current growth plan, UltraTech expects to be finished by the end of fiscal year 23.

The U.S. central bank has raised interest rates by three quarters of a percentage point this year, and most Fed policymakers back raising interest rates another half of a percentage point at each of their next two meetings.

Friday is also the record date for RO Jewels to ascertain the eligibility of shareholders entitled for issue of bonus shares of the company in the proportion of 82:32 i.e. 82 new bonus shares for every 32 shares held by existing shareholders.

Multiple people told ET that talks are reaching the concluding stage on ownership transfer of the Jaora-Nayagaon Toll Road Company that operates the 120-km Jaora-Nayagaon section of SH-31 (erstwhile NH-79). An Ashoka subsidiary owns 74% of the Jaora-Nayagaon Toll Road Company, while Macquarie India owns the remaining 26%.

The Sensex ended up 436.94 points, or 0.79%, at 55,818.11 and the Nifty ended up 105.25 points, or 0.6%, at 16,628. Analysts see hurdles for the market in the days ahead.