Latest Stock Market News

"I would urge investors to look at their individual stocks bottom up. In case, they are unsure, they should seek help from professional advisors or look towards Mutual Funds where experts manage the portfolio with better analysis. As a general advice investor portfolios should be slightly tilted towards largecap companies as they would be in a better place to withstand any incremental volatility from the various macro factors."

“Prashant Jain, through his career, has really built a lot of value for investors through the strategies he managed but he has also built a very robust investment process with HDFC, working with a lot of other team members and we have been interacting with a lot of them very closely for the past many years. The good part is that he leaves it in extremely capable hands as he moves on.”

The global cryptocurrency market cap was trading lower at the $1.01 trillion mark, dropping about 2 per cent in the last 24 hours. However, the total cryptocurrency trading volume jumped over 4 per cent, close to $62.64 billion.

"Though, the standalone broader chart shows a steep correction in Infosys off Jan 2022 peak. Yet, its (Infosys) relative strength against the IT index has been improving gradually, it suggests that the worst is behind this mammoth stock. We don’t expect runaway rally in the stock, but a steady approach and accumulation are recommended in the counter with a possible 14-15% rally expected in the next few months. Meanwhile, Reliance Industries is hovering around support of the yearly mean. "

Rate this item

(1 Vote)

ICICI Bank Ltd., incorporated in the year 1994, is a banking company (having a market cap of Rs 556543.17 Crore).

At the same time, the dollar built on its recovery from a 2 1/2-week low against major peers, supported by demand for the U. The dollar index - which measures the safe-haven currency against six major peers - edged 0.1% higher to 106.81, climbing further from a 2 1/2-week low of 106.10 reached Friday.

Stocks in focus include names like Eicher Motors which hit a fresh 52-week high, GSFC which rose more than 14 per cent, and HDFC Bank which closed with gains of over 2 per cent on Friday.

The situation in the quarter was exceptional. There was impact from the Russia-Ukraine war and entire commodity market went into a tizzy, said JSW Steel joint managing director Seshagiri Rao.

Rate this item

(1 Vote)

The subject has assumed importance because banks have never invoked a government guarantee in the past. Senior bank officials conveyed their reservations on the subject to the NARCL management at a meeting last week, the people cited above said.

Rate this item

(1 Vote)

About 52% of the institutional investors and 25% of the non-institutional public investors voted against proposals of special incentives for the two senior executives of PVR. About 64% of the shareholders voted in favour of the resolution. A special resolution requires the approval of shareholders holding at least 75% of the total equity.

Warning! Information Posting in this website is only for educational purpose. We are not responsible for losses incurred in Trading based on this information.