Latest Stock Market News

Midcap indices continued to show weakness. The NSE Midcap index, which fell over 2 per cent the previous day, fell another 1 per cent on Wednesday. Stocks such as IRCTC, MSTC and Mastek plunged up to 15 per cent.

Oil prices turned down after the Chinese government flagged it was looking for ways to tame record high coal prices and that it would ensure coal mines operate at full capacity as Beijing moved to ease a power shortage.

Shriram Transport Finance Company Ltd., incorporated in the year 1979, is a Large Cap company (having a market cap of Rs 38119.70 Crore) operating in NBFC sector.

UltraTech Cement Ltd. key Products/Revenue Segments include Portland/Possolana Cement, Other Operating Revenue, Scrap, Sale of services, Lease Rentals for the year ending 31-Mar-2021.

Netflix Inc, after closing up 0.2%, added slightly to gains after the bell when quarterly results showed that global interest in Korean thriller "Squid Game" lured more new customers than expected.

Havells, Jubilant Foodworks, Tata Communications, Syngene International, L&T Holding Finance, Angel Broking, Just Dial and Tejas Networks are among the companies that will announce their September quarter results today.

Asian shares advanced and U.S. long-dated bond yields edged up to a five-month high on Wednesday on rising optimism about the global economy and corporate earnings while the yen slipped to a four-year low on the dollar.

The ETF folio addition in September was six lakh, a record level and double the one-year average of 3.7 lakh folios.

In the long-term too, gold faces challenges as households are saving proportionately less than they used to, which may reduce the amount of capital they allocate to gold, said WGC report.

The cost benefits that accrued to software services providers till now due to Covid-19 related travel restrictions may be coming to an end. Executives at top IT companies signalled a return to pre-Covid-19 margins and revenue while announcing results for the September quarter.