Latest Stock Market News

"The midcaps and the small caps usually underperform the large caps during tough times, but at the same time they tend to outperform when the markets rebound. Hence it makes a lot of sense to increase allocation to midcaps/ small caps. However, within this space, the exposure should be taken only in high-quality stocks, as they would be able to survive if the crisis was to get elongated."

“We think that the next three years may be a golden phase for banks in general. Within the financial basket, I will just buy the top four, five banks. One can argue whether one is better than the other. I think all of them will do well. You pick your stock and just stay put for three years. There is a lot of money to be made in the banks.”

Rate this item

(1 Vote)

“The good thing going for Zomato is that it is a technology stock; it is something which is creating a disruption in the market place and so one has to allow it a lot of time to generate returns and value for its shareholders. I would reckon that time will only tell whether Zomato will come back to its IPO levels.”

Rate this item

(1 Vote)

Cholamandalam Investment & Finance Company Ltd., incorporated in the year 1978, is a Large Cap company (having a market cap of Rs 61345.28 Crore) operating in NBFC sector.

Rate this item

(1 Vote)

The company posted a net loss of $295 million. Stripping out the restructuring charges, Robinhood reported a loss of 32 cents per share versus analyst estimates of a loss of 37 cents per share, according to Refinitiv IBES data.

PayPal, which was among companies that won big during the pandemic, saw shares wipe out over 70% of their market value in a year as e-commerce growth retreated from pandemic-era records.

Zomato stock: Big block deal likely tomorrow

Updated at : 2022-08-03 08:40:03

Rate this item

(1 Vote)

A Zomato shareholder is trying to raise $373 million from the block sale.

The sale has been fixed at Rs 48-Rs 54 apiece, a discount of 2.8-13.6% to Tuesday’s closing price of Rs 55.55 on the National Stock Exchange.

Rate this item

(1 Vote)

"Prices can touch $90 in two months if the US continues with inflation and low growth and China is unable to find fixes for its economic troubles. Economic woes in these two countries can affect demand," BPCL chairman Arun Kumar Singh told ET in an interview.

Rate this item

(1 Vote)

South East UP Power Transmission Company by Resurgent Power Ventures, a JV between Tata Power and ICICI Bank. It had emerged as the highest bidder in February, quoting ₹3,251 crore upfront payment for the stressed transmission asset under insolvency.

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