Latest Stock Market News

Titan Company advanced 2.28 per cent to Rs 2,095.20. Tata Steel and Bajaj Finance gained over 2 per cent.

Binance edged 0.17 per cent higher at $1. Solana dropped 7.91 per cent to $47.14, taking its weekly fall to 44 per cent. Dogecoin surged 6.16 per cent to $0.088, after having fallen 31 per cent in the last one week. Polkadot rose 7.4 per cent, Avalanche was up 3.6 per cent while Shibu Inu added 3.44 per cent.

At 09:30 am, June gold futures on MCX were trading 0.08 per cent lower at Rs 50,135 per 10 gram. However, silver futures rose 0.19 per cent to Rs 58,865 per kg.

On the technical charts, the 200-day moving average of the stock stood at Rs 459.08.

Tata Motors on Thursday reported narrowing of consolidated loss to Rs 1,032.84 crore for the March 2022 quarter compared with Rs 1,516.14 crore in the December quarter and Rs 7,605.40 crore in the same quarter last year.

Coforge Ltd., incorporated in the year 1992, is a Mid Cap company (having a market cap of Rs 22617.05 Crore) operating in IT Software sector.

LIC IPO, which ran from May 4 to May 9, was sold in Rs 902 to Rs 949 price band.

Besides, it will foray into services to assist MSME exporters with easier risk protection and is set to launch factoring and other trade finance products to promote exports from this sector.

Cargo movements and associated trade payments are being routed through outfits and banks in Dubai in transactions that come across like regular bilateral trade between India and UAE.

The category for retail individual investors received 7.52 times subscription, while the portion for non-institutional investors got subscribed 2.61 times and qualified institutional buyers 36 per cent.