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Colgate-Palmolive shares up 1.38% as Nifty falls

Updated at : 2022-12-09 11:25:04

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The stock quoted a 52-week high price of Rs 1695.0 and low of Rs 1375.55.

ICICI Lombard General Insurance Company, incorporated in the year 2000, is a Large Cap company (having a market cap of Rs 61501.13 Crore) operating in Financial Services sector.

The Nifty Bank index was trading 0.27 per cent up at 43713.1.

GAIL shares gain 0.32% as Sensex falls

Updated at : 2022-12-09 11:25:04

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On the technical charts, the RSI of the stock stood at 57.26.

The airport will commence commercial operations from January 5 next year. The present airport at Dabolim in South Goa will remain active, and IndiGo will continue its existing operations there, the airline said in a release.

Stocks that were in focus include names like Bank of India which was up nearly 8%, Canara Bank gained over 3% and Bank of Baroda was up more than 6% on Thursday.

Bajaj Consumer Care’s board will meet for buyback of shares. Also, VIP Clothing’s board meeting is lined up to consider the issue of warrants.

"Factoring in the rate hike expectation by the RBI, the long-term bond yields have gone up 82 bps in 2022 so far. Currently, the BEER ratio is trading above 1stdev, indicating a slightly expensive equity market at current levels as against the bond market," Axis Securities said in a report.

IHCL has shown its dominance and pricing power with domestic travelling already in full swing, increasing foreign tourist arrivals will make occupancy levels increase to even higher than current levels allowing the further potential of premium addition in Average Room rates.

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According to Nomura Financial Advisory and Securities, this tie-up opens up export avenues for Britannia, and given that Bel Group is a major player in the healthy dairy, fruit and plant-based snacks, it will give the former access to new categories from its global portfolio.

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