Latest Stock Market News

The Central Board accorded an approval for raising capital by way of issuance of Basel III compliant debt instrument in INR and/or any other convertible currency, up to FY24, it said.

“Nifty is now placed at the crucial resistance of 18,650 level and is not showing any strength to surpass the hurdle decisively. A sustainable up move from here could confirm an upside breakout of the resistance and any failure is likely to result in minor downward correction ahead,” said Nagaraj Shetti of HDFC Securities.

The keenly awaited outcome of the Fed meeting would be announced by the US central bank at 12:30 am IST followed by a press conference by Fed Chair Jerome Powell at 1 am

The Nifty Realty index was trading 0.82 per cent up at 449.65.

Sensex ended 145 points higher at 62,678, while Nifty added 52 points and topped 18,660 level. Sectorally all the indices ended in the green, barring Nifty FMCG.

Barring the US dollar-pegged Tether, all other top crypto tokens were trading higher. Solana rallied more than 6%, whereas Ethereum and Shiba Inu were trading 4% higher each.

For more such web stories click on the ET icon below

“Competition is always very good for one’s business and who can say it better than us because we have seen all kinds of raiders from western countries, from far east countries etc; our own people who became like fly by night operators etc. Competition is going to stay, especially after Covid which attracted many more people who were not in pathology services earlier.”

RCF commands a dividend yield of over 2%. For the previous fiscal year ending March 2022, the company declared a dividend of Rs 3.85 or 38.5%. Considering the current share price, it amounts to a dividend yield of 2.85%.

In the Sensex pack, Tech Mahindra, Tata Steel, NTPC, SBI, IndusInd and Power Grid were the top gainers, rising about 1-2%