Latest Stock Market News

In the upcoming index review of the National Stock Exchange in March, the frontline indices – Nifty50, Nifty Bank, and Nifty IT – may not see any changes. >> For more such web stories click on the ET icon below

Axis Bank on Monday reported a sharp 62% YoY growth in net profit for the quarter ended December to Rs 5,853 crore. >> For more such web stories click on the ET icon below

The company is focussed on its key strategic pillars of building oral care habit in India, driving innovation and renovation through science-led products and premiumisation," Colgate-Palmolive (India) Managing Director Prabha Narasimhan said.

Its net interest income (NII) for the quarter grew 26.39% to Rs 1,609 crore from Rs 1,273 crore in the same quarter of 2021, whereas total income stood at Rs 3,656 crore against Rs 3,140 crore for Q3FY22

The Relative Strength Index of the stock stood at 32.43 on Tuesday.

The stock which is part of the S&P BSE Smallcap index is sustaining above the neckline of the rounding bottom pattern placed closer to Rs 300 which suggests that the upside remains intact. The stock closed at Rs 344 on 20 January 2023.

The stock quoted a 52-week high price of Rs 26332.9 and a 52-week low of Rs 17900.0.

Indian MFs have been making constant efforts to move the Indian equity market in an upward direction by making a net inflow of about Rs 1.27 trillion in FY23 so far. >> For more such web stories click on the ET icon below

The new business structure affirms the group’s focused approach towards the paints business. The demerger will lead to operational flexibility and facilitate businesses to independently pursue their growth plans through organic & inorganic routes," the company said in a BSE filing.

Investors must focus on the processes and controlling the controllable and not worry too much about other things, for e.g., macroeconomic factors like interest rates, inflation and crude oil prices which are beyond one’s control.