Latest Stock Market News

Asian shares end week with profit-taking as U.S. dollar strength pressures yen towards intervention zone.

The dollar strengthened against the yen, euro, and sterling amidst U.S. economic concerns and central bank actions. Bitcoin price rose to $65,105 amidst market fluctuations.

Nvidia’s m-cap exceeds the m-cap of countries like France, Canada, Germany, and Australia.

Gold prices steadied as investors awaited retail sales data and interest rate changes amid economic uncertainties.

Keep an eye on fertilisers, gaming, and NBFC stocks more than banking, says Rajat Sharma of Sana Securities because in the GST meeting, the talk has been to do away with the middle GST slab and either have a 5% or an 18% slab or at least reduce some taxation.

We expect the NDA government to sustain focus on capex-led growth around PLI, Roads, Ports, Aviation, Defence, Railways, and Green energy, given a 20 bps lower fiscal deficit in FY24 (Than RE), normal monsoons, and Rs 2.1 lakh crore dividend from RBI.

Indian Hotels Company Ltd., incorporated in the year 1902, is a Mid Cap company (having a market cap of Rs 90871.91 Crore) operating in Tourism & Hospitality sector.

Stifel, Nicolaus & Co. predicts a potential 10% rally for the S&P 500 Index this year, reaching 6,000 by 2024. However, Barry Bannister warns of a subsequent drop to 4,800 by mid-2026, erasing 20% of its value.