Latest Stock Market News

Share price of IGL falls as Nifty weakens

Updated at : 2022-03-04 14:45:04

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A total of 112,497 shares changed hands on the counter till 01:44PM (IST).

Buy UPL, target price Rs 910: Emkay Global

Updated at : 2022-03-04 12:20:04

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UPL Ltd., incorporated in the year 1985, is a Large Cap company (having a market cap of Rs 54533.74 Crore) operating in Pesticides/Agro Chemicals sector.

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On Thursday, the rupee ended at an over-two-month low as banks relentlessly purchased dollars on behalf of oil importing companies noting the surge in the price of crude.

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As of 31-Dec-2021, promoters held 0.0 per cent stake in the company, while FIIs held 8.67 per cent and domestic institutional investors had 1.17 per cent.

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Tracking decline in equities, the market capitalisation of BSE-listed companies plunged Rs 4,09,554.44 crore to Rs 2,46,96,434.57 crore in morning deals.

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In an interview to ET NOW, Rogers said he would add more commodities on any correction, as he sees them offering huge opportunities in the long term.

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A total of 18,015 shares changed hands on the counter till 11:57AM (IST).

“I would buy commodity indexes, things like RJA on the New York Stock Exchange, it is an agricultural index, those things I hope will do better than individual commodities. War always makes commodities go up. I expect this war to be over or calm down soon and that will make commodities correct and then I will buy more because I can see there is going to be inflation.”

GAIL shares drop 1.48% as Sensex falls

Updated at : 2022-03-04 12:20:04

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On the technical charts, the RSI of the stock stood at 64.52.

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The Relative Strength Index of the stock stood at 43.72 on Friday.

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