Latest Stock Market News

“No portfolios can be bulletproof. That has been my experience for the last 25-30 years. There is no concept of safe stocks. Three months ago, IT was safe, and now it is the worst performing sector,” Singhania said.

The regulator said that the tool should be able to gather unstructured publicly available data from the web, including public websites, social media platforms, open source databases among others, in respect of relevant entities, individuals, groups and topics.

Gold prices extended loses as firm dollar and speculation ahead of US FOMC meet has pinned down investment sentiments on expectations of larger rate hike," Tapan Patel, Senior Analyst (Commodities) at HDFC Securities, said.

The rupee closed at 79.77, barely changed from 79.74 in the previous session. Earlier, it hit 79.60, which traders said may have been due to wariness in running long dollar positions amid range-bound markets and high cost of carry.

The 30-share Sensex rose 300.44 points to end at 59,141.23. Its broader peer, Nifty50, ended at 17,622.25, up 91.40 points.

The real estate firm has a portfolio comprising over 100 million square feet and 628 acres of prime property, mostly in Mumbai. Also, the company has tied up with Adani Goodhomes on various projects.Promoters, including Vinod Goenka family, Balwa family and a few others, have close to 69 per cent stake in the Mumbai-based DB Realty.

"BAF continues to deliver stronger than peer-group growth as well as profitability. Moreover, even if there is some moderation in NIMs due to a rise in funding costs, it could get compensated by the potential for operating efficiencies. These would support its premium valuations," the brokerage said in a report.

“One still needs to be wary about technology companies. Indian companies are good, cash rich and with high dividend yield. All those things are there but if we enter into a scenario where instead of earnings growth, there is going to be earnings decline, then we need to be ready for the valuations. I would still think that there are downsides in these companies.”

The next meeting of the board of directors is to be held on Friday, September 23, 2022, inter-alia to consider and approve the scheme of arrangement ("Demerger") and any other matter incidental thereto, said the company in BSE filing.

“For internal multimodal connectivity, we wanted to bring down the logistic cost and increase logistic efficiency. The National Master Plan addresses the infrastructure issue. It was launched last year. It has already started doing extremely well. To complement that, because the infrastructure is there, systems, processes and skilled manpower are needed and to address these issues, the policy has been launched.”