Latest Stock Market News

"In India, there are opportunities across the market capitalisation curves. A lot of sectors, new themes, new segments are emerging. As we move from $1,800-2,000 per capita income to $3,000 per capita, a lot of new themes will come in. In the last five years, general insurance, chemicals, diagnostics, exchange companies have come out in the listed space. A lot of these were not listed five, six years back."

Sell Lupin, target price Rs 625: Chandan Taparia

Updated at : 2022-08-29 11:15:01

Rate this item

(1 Vote)

Lupin Ltd. key Products/Revenue Segments include Pharmaceuticals, Other Services, Other Operating Revenue and Export Incentives for the year ending 31-Mar-2022.

Rupee opens at record low of 80.07 against US dollar

Updated at : 2022-08-29 11:15:01

Rate this item

(1 Vote)

Asian currencies and equities tumbled on Monday after Powell said the US central bank would raise rates as high as needed and would keep them there "for some time" to bring down inflation near its medium-term goal.

Rate this item

(1 Vote)

At 9.27 am, the BSE Sensex was trading 1,098 points or 1.87 per cent lower at 57,760.47. It had opened over 1,300 points lower. Nifty50 was trading at 17,240.50, down 318.40 points or 1.81 per cent. It, too, fell below 17,200 at open.

Rate this item

(1 Vote)

G R Infraprojects Ltd., incorporated in the year 1995, is a Small Cap company (having a market cap of Rs 13246.39 Crore) operating in Construction sector.

"My assessment of the current situation is that if there is a recession, the impact of a lurking US economic slowdown will possibly be seen for a short period here as well, only to be followed by a boom in Indian IT, as the value proposition of India for IT talent at scale is intact."

Currently, Axis Bank and its two subsidiaries - Axis Capital Ltd and Axis Securities Ltd - collectively own 12.99 per cent of Max Life Insurance post approval of the deal in April last year. Under the deal, the Axis entities also have the right to acquire an additional stake of up to seven per cent in Max Life, in one or more tranches, subject to regulatory approvals.

Rate this item

(1 Vote)

​​Americans are headed for a painful period of slow economic growth and possibly rising joblessness as the Fed raises interest rates to fight high inflation, Powell warned on Friday at the Jackson Hole central banking conference in Wyoming.

Alfavision Overseas (India) had announced the splitting of shares into face value of Rs 1 from the face value of Rs 10 while Kritika Wires had announced the splitting of shares into face value of Rs 2 from the face value of Rs 10.

In Friday’s trading session, the counter has given a breakout of the triangle formation. The overall structure of the counter looks remunerative, as it trades above all its important SMA moving averages. The demand zone is near Rs 326.

Warning! Information Posting in this website is only for educational purpose. We are not responsible for losses incurred in Trading based on this information.