Latest Stock Market News

HDFC AMC shares 1.34% as Sensex rises

Updated at : 2025-01-16 13:20:03

Rate this item

(1 Vote)

On the technical charts, the RSI of the stock stood at 46.9.

Avenue Supermart shares 1.08% as Nifty gains

Updated at : 2025-01-16 13:20:03

Rate this item

(1 Vote)

The stock quoted a 52-week high price of Rs 5484.00 and low of Rs 3400.00.

Rate this item

(1 Vote)

A total of 19,043 shares changed hands on the counter till 01:02PM (IST)

The Indian market is expected to trade higher on Thursday, supported by positive global cues. India VIX dipped, indicating reduced investor concerns. Derivatives data shows cautious sentiment with key resistance at 23,300 and support at 23,200. Experts recommend a "Buy near support, sell near resistance" strategy. Stocks like BSE, Elecon Engineering, and Power Grid are suggested for short-term trading.

TCS shares will trade ex-dividend on the record date, January 17. When shares are traded ex-dividend, they no longer include the value of the upcoming dividend payment, which determines shareholder eligibility for the payout.

Indian benchmark indices, Sensex and Nifty50, opened higher on Thursday for the third consecutive day, driven by US core inflation data that rose less than expected in December, boosting hopes for further Federal Reserve rate cuts. The Sensex rose by 431 points to 77,155, while Nifty50 gained 123 points to 23,336. Other Asian markets also saw gains.

Rate this item

(1 Vote)

The rupee declined 4 paise to 86.44 against the US dollar in early trade on Thursday amid a firm American currency, rising crude oil prices and outflow of foreign funds. However, positive domestic equity markets resisted a sharp fall in Indian currency, forex traders said.

Rate this item

(1 Vote)

When the closing price falls below the VWAP, it signifies that the closing price is lower than the average price at which the stock was traded throughout the day, with the average being weighted by trading volume.

Mutual funds invested Rs 10,200 crore in Zomato shares in Q3, making it the most bought stock. Mutual fund holdings increased to 16.42%, while foreign investors reduced their stake. Jefferies downgraded Zomato amid rising competition. Despite this, Blinkit expects significant growth, but competitive pressure from players like Amazon may impact profitability.

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