Latest Stock Market News

Voltas shares gain 0.29% as Sensex falls

Updated at : 2022-04-05 11:20:03

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A total of 13,005 shares changed hands on the counter till 10:45AM (IST)

Buy Wipro, target price Rs 675: Axis Securities

Updated at : 2022-04-05 11:20:03

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Wipro Ltd., incorporated in the year 1945, is a Large Cap company (having a market cap of Rs 332385.01 Crore) operating in IT Software sector.

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Promoters held 0.0 per cent stake in the company as of 31-Dec-2021, while FII and DII ownership stood at 40.17 per cent and 31.06 per cent, respectively.

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The Nifty IT index was trading 0.4 per cent up at 36588.75.

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"(In FY22) total turnover has been Rs 1,436 crore (provisional) registering growth of 22 per cent in comparison to Rs 1,177 crore in the previous year, and marginally lower than the highest-ever achievement of Rs 1,441 crore in FY 2018-19," the ministry said, according to a PTI report.

Zomato’s share price skid to a low of Rs 82.15 as against Rs 86.20 at previous close on the BSE.

Berger Paints rises 1.26% as Sensex climbs

Updated at : 2022-04-05 10:50:04

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The stock traded at a P/E multiple of 85.26, while the price-to-book value ratio stood at 21.99.

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Asian stocks ticked up to their highest in more than a month supported by broad gains on Wall Street on Tuesday, while the euro was stuck near a one-week low against the dollar amid talk of more sanctions against Moscow.

Gold eases as dollar holds firm on safe-haven flows

Updated at : 2022-04-05 10:50:04

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Gold inched lower on Tuesday as the U.S. dollar held firm on rising prospects of more Russian sanctions, and bigger interest-rate hikes by the Federal Reserve to rein in inflation. Spot gold was down 0.2% at $1,929.60 per ounce by 0203 GMT. U.S. gold futures were flat at $1,933.60.

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Edelweiss said it prefers HCL, Infosys and TCS among largecaps, and Coforge, LTI and Mindtree in midcaps. Among smallcaps, it prefers Zensar, Birlasoft and Firstsource.

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