Latest Stock Market News

Ambuja Cements shares 1.66% as Sensex falls

Updated at : 2024-10-30 11:35:01

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On the technical charts, the RSI of the stock stood at 48.32.

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The Nifty Bank index was trading 0.63 per cent at 51992.15.

Maruti Suzuki Q2 Results: The profit figure was below Street estimates of Rs 3,525 crore.

TCS Stocks: TCS posts modest weekly returns

Updated at : 2024-10-30 10:30:01

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ONGC Share Price: ONGC's Price Movement Analysis

Updated at : 2024-10-30 10:30:01

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Nifty index opened flat, initially fell but found support at 24,150, and pulled back near 24,500. It formed a bullish candle yet did not surpass 24,500. Further movement hinges on holding above 24,500 with potential targets of 24,600 and 24,750, while supports lie at 24,350 and 24,150.

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UBS has maintained a buy rating on Maruti, lowering the target price to Rs 14,800 despite Q2 results missing expectations. Improved demand and margins led to this decision. Meanwhile, JPMorgan holds a neutral stance on Container Corporation with a target price of Rs 1,000. Although growth was sluggish, cost reductions boosted margins, while volume growth of 6% YoY fell short of guidance.

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