Latest Stock Market News

The pan-European STOXX 600 added 0.2% as of 0815 GMT, with retail, banks and travel stocks rising between 0.3% and 1.3%. The benchmark hit a five-week high in its previous session.

“We would probably look at some of the companies after 6- to 10 months or a year and we will try to look at which company was slotted better in terms of future space and whether there is a wide space that they are chasing or if it is just an online version of an existing company. ”

Trumping pandemic-induced uncertainties, the Indian equity market posted stunning gains this year achieving several feats and smaller stocks benefited the most from the strong momentum.

The demand for big-ticket IPOs had helped the primary market raise a record Rs 1.18 lakh crore in the calendar year.

“The market is now keeping pace with the fundamentals and that is reflected in the trailing 10-15 year returns which is around 12-13%, around the nominal GDP growth rate. It is also reflecting that PE multiples.”

As of 30-Sep-2021, promoters held 0.0 per cent stake in the company, while FIIs held 41.47 per cent and domestic institutional investors had 30.77 per cent.

The Nikkei declined 0.56% to 28,906.88 at the close, after touching an intraday high of 29,121.01 on Tuesday, a level not seen since Nov. 26.

“We and the NBFCs have been increasing the market share business, the banks have been increasing. That means the total gold loan market is widening and deepening. ”

Ashok Leyland Ltd., incorporated in the year 1948, is a Large Cap company (having a market cap of Rs 35740.04 Crore) operating in Auto sector.

A total of 2,494 shares changed hands on the counter till 01:54PM (IST)