Latest Stock Market News

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In the Nifty pack, 42 stocks closed in the green, while 8 stocks ended in the red.

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The Nifty Bank broke key resistance levels ahead of the Lok Sabha election results, with experts advising caution for a buy-on-dips strategy.

A businessman named Rajat Bothra from Noida was duped of over Rs 9 crore by cyber thugs after joining a stock market trading group. Social media, especially WhatsApp, has become a breeding ground for scams.

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The Nifty Bank index closed 4.07 per cent up at 50979.95.

IIFL Securities has identified five new stocks which it said are its election recommendations. ​

Cryptocurrencies surge as U.S. inflation stabilizes, hinting at Fed rate cuts. BTC and ETH prices rise with a market cap at $2.56 trillion. CEOs anticipate positive momentum amid moderate growth and weak consumer spending.

Canara Bank, IOC among 5 stocks with long buildup

Updated at : 2024-06-03 16:20:01

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​A long buildup occurs when there is an increase in open interest and trading volumes alongside a rise in the price of the underlying stock in the Futures and Options segment.

The stock is in overall and trading at lifetime high territory and formed a strong bullish candle on monthly scale.

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The 8.2% FY24 GDP growth reflects a modest deceleration from 3QFY24 at 8.6%. Real gross value added growth slowed considerably in 4QFY24 to 6.3% from 8.3% in 1QFY24.

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