Latest Stock Market News

And if we do not go beyond that and do start falling again, yes, we can create a case that this will become a further extended decline. But right now, at current levels, there are some oversold readings that allow us to look for some kind of a bounce back in the next one or two days

The board of multibagger stock KPI Green Energy has given the green light to a bonus share issue in the ratio of 1:2 for its eligible shareholders, allowing them to receive one additional share against every two shares held in the company.

The Relative Strength Index of the stock stood at 50.44 on Monday.

Indian fund managers made a poor investment decision in a recent car company IPO. The company paid significant dividends to foreign investors. This has raised concerns about the state of the Indian stock market. Experts are particularly concerned about the future of the NSE (National Stock Exchange). Investors are advised to be cautious and consider alternative investment options.

So, we were not in a position to price it into the market, but that is turning going forward. So, I am hoping that that plus all the corrective action that we have taken or put in place in the acquired entities will also yield improved margins and we will get back to our normal margins in the next fiscal year.

Promoters held 47.2 per cent stake in the company as of 30-Sep-2024, while FII and DII ownership stood at 12.66 per cent and 1.51 per cent, respectively.

A total of 2,585 shares changed hands on the counter till 02:04PM (IST)

Five stocks, including Deepak Nitrite and Wipro, saw short buildup on November 18, with rising open interest and declining prices.