Latest Stock Market News

Tube Investments shares 1.34% as Nifty falls

Updated at : 2024-11-04 11:25:01

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The stock quoted a 52-week high price of Rs 4807.05 and low of Rs 3082.55.

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A long buildup, marked by rising open interest and prices, signals bullish trends; on Monday, five stocks recorded fresh long positions.

Shriram Finance shares 0.96% as Sensex falls

Updated at : 2024-11-04 11:25:01

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A total of 7,956 shares changed hands on the counter till 11:01AM (IST)

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The Nifty IT index was trading 0.98 per cent at 40039.10.

Sunil Singhania from Abakkus Asset Manager talks about investing in stocks with realistic return expectations over longer periods. He highlights opportunities in sectors like financials, pharma, infra-related, and capex-related areas. Singhania advises caution in overvalued theme-based sectors and sees potential in renewable energy, discretionary consumption, and the impact of transitioning to lower fossil fuel dependence.

Afcons Infrastructure is set to debut its shares on the stock exchanges this Monday, with a grey market premium (GMP) of Rs 15 indicating a potential listing price of Rs 478, reflecting a 3% premium over the upper issue price of Rs 463.

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