Latest Stock Market News

“Real estate, pure lenders, auto, logistics and healthcare are the five places where we find opportunity and we feel fairly confident about our portfolios going forward. There is a rising participation of the retail players in the equity market and retail tends to go after more of these bottom-up opportunities.”

All the top crypto tokens were trading lower on Tuesday. Polkadot plunged 12 per cent, whereas Polygon tanked 8 per cent. Ethereum, Avalanche and Solana dropped 7 per cent each, while Shiba Inu lost 6 per cent.

Canara Bank key Products/Revenue Segments include Interest & Discount on Advances & Bills, Income From Investment, Interest On Balances with RBI and Other Inter-Bank Funds and Interest for the year ending 31-Mar-2022.

Investors are betting that stocks have reached a bottom after their steep declines and may perform better in the second half of this year. However, at some point of time, hot inflation globally cannot be ignored entirely. Short-term hiccups would be anticipated but the broader trend looks continues to look optimisti

"The RBI can always reduce the pace of rate hikes from September onwards if inflation and growth momentum softens, but we think it is a risky strategy at this stage to be an outlier in delivering less than 50 bp rate hikes."

As many as 342,300 passenger vehicles were sold in July, as per industry estimates, an increase of 16% from a year earlier when manufacturers dispatched 295,000 units to dealerships. Prior to this, passenger vehicles sales had peaked at 334,000 units in October 2020.

Satish Sharma, President (Asia Pacific, Middle East and Africa), Apollo Tyres, told ET that adoption of electric vehicles (EV) is expected to gather pace over the next few years. Accordingly, the company is gearing up to cater to demand both in passenger vehicle and two-wheeler segments.

The just-launched Brezza, and yet-to-be-launched Grand Vitara, have boosted Maruti’s booking charts. Shashank Srivastava, senior executive director, Maruti Suzuki, told ET that going by vehicle buying trends globally, SUVs should comprise half of the passenger vehicle market in India.

In a statement, Jio said its 700 MHz spectrum footprint makes it the only operator providing true 5G services across India. “Jio 5G will ensure every Indian gets to access the most transformative digital services and platforms offered anywhere in the world,” the telecom market leader said in a statement Monday.

According to government and stock exchange data reviewed by ET, the government has pumped in ₹27,000 crore into IDBI Bank between April 1, 2010 and March 31, 2021. Data show the government acquired 4.5 billion shares in IDBI Bank during this 11-year period. This brings its weighted average cost of acquisition to ₹60 a share.