Latest Stock Market News

Bajaj Holdings shares gain 0.51% as Sensex rises

Updated at : 2024-07-02 11:20:01

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The stock quoted a 52-week high of Rs 9355.0 and a 52-week low of Rs 6634.6.

Indian rupee weakens as Asian currencies fall amid strong dollar demand. US bond yield rise impacts currencies, with Chinese yuan and Korean won leading losses.

Akiko Global Services debuted on the NSE SME platform with a 27.27% premium. The IPO was oversubscribed 30 times. The company focuses on credit cards and loans, using direct selling for product demos. In January 2024, their revenues were Rs 26.09 crore, with a profit after tax of Rs 3.21 crore.

Gold and silver prices remain stable but cautious as markets await speeches from Fed Chair and ECB President. Manoj Kumar Jain predicts price volatility this week.

Petro Carbon and Chemicals, under the Atha Group, dominates the B2B market by supplying calcined petroleum coke to a wide range of industries, ensuring high-quality carbon anodes for aluminum smelting. Its strategic growth through vertical integration and tech innovation secures its position in the market.

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Foreign investors seek improved access to Indian bonds through global platforms, awaiting RBI approval. The new model aims for efficient trading with straight-through processing on the NDS-OM platform.

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A total of 57,409 shares changed hands on the counter till 11:06AM (IST)

The Nifty Auto index was trading 0.08 per cent down at 25304.7.

AC stocks surge post heatwave, showing robust growth amidst cyclicality risks. Price hikes fuel expectations of strong growth momentum and secondary sales. Market growth relies on cooler penetration driven by purchasing power, not just rising temperatures.

Trent shares rise 0.49% as Nifty gains

Updated at : 2024-07-02 10:20:02

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The stock quoted a 52-week high price of Rs 5552.65 and a 52-week low of Rs 1657.25.

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