Latest Stock Market News

Paytm stock has lost 74.72 per cent of its value over its issue price of Rs 2,150.

While the situation has worsened an already crippled supply chain, it has also increased freight rates that now threaten to push up their costs. Freight rates are currently two to five times the pre-Covid levels, said auto industry insiders. With most countries lifting pandemic-related restrictions, the rates were expected to come down, but the war has changed the scenario.

"The Fed needs to move aggressively to keep inflation under control," St. Louis Fed President James Bullard told Bloomberg TV on Tuesday, calling for the central bank to raise its benchmark overnight interest rate to 3% this year.

Shares of GameStop closed up 30.7% at $123.14, registering their biggest one-day percentage gain since March 25 last year, with trading volumes soaring and likely squeezing bearish investors who sold the stock short.

Ajanta Pharma key Products/Revenue Segments include Pharmaceutical Products, Export Incentives and Other Operating Revenue for the year ending 31-Mar-2021.

For the past couple of weeks, the stock has been trending up. The appearance of a bullish candle at the current juncture ensures a shift of range on the upside.

CG Power and Industrial Solutions, incorporated in the year 1937, is a Small Cap company (having a market cap of Rs 25196.21 Crore) operating in Electric/Electronics sector.

Spot gold was down 0.2% at $1,918.29 per ounce by 0130 GMT. U.S. gold futures also slipped 0.2% to $1,918.40.

Investment bankers are privy to price sensitive information such as pricing in share sales or deals by companies. Sources said Sebi is checking whether these bankers passed on information to their relatives.

Edelweiss Financial Services, Haitong Securities, Motilal Oswal Investment Advisors, and SBI Capital Markets are the merchant bankers to the issue, said one of the persons cited above.