Latest Stock Market News

One of the other reasons for improving valuation for India is a structural decline in volatility, says Bharat Shah. Foreign money was talking much more than it deserved to in terms of the impact and therefore the structural decline in volatility itself is a source of greater confidence for the future and therefore greater valuation today.

Gupta’s new position comes at a key point when the company has announced its international expansion plans in the Middle East and North Africa region with the acquisition of BitOasis.

WazirX has decided to implement a "socialized loss" strategy following a major cyberattack that compromised nearly half of its user funds. According to a statement from WazirX, this approach aims to spread the financial impact across all users, enabling them to access a portion of their assets immediately while maintaining the possibility of further recovery

​Up until now what we have seen is a couple of the domestic events, whether it is the elections or the budget having panned out and market has at some level digested them reasonably well.

A total of 18,335 shares changed hands on the counter till 01:45PM (IST).

On the technical charts, the RSI of the stock stood at 71.1.

​Several brokerages are bullish on a number of stocks from different sectors, such as banking and Iron & Steel.

A short buildup occurs when open interest and volumes increase while the price of the underlying stock falls in the Futures and Options segment.

The stock traded at a P/E multiple of 159.62, while the price-to-book value ratio stood at 2.39.

As of 30-Jun-2024, promoters held 59.41 per cent stake in the company, while FIIs held 25.33 per cent and domestic institutional investors had 3.81 per cent.