Latest Stock Market News

“The trigger for bulls to break jail would be pivoting in the US, pivoting of the interest rates which I believe at least a couple of more 25 bps hikes are there and thereafter it is going to be a bit of a pause. So when the Fed starts cutting interest rates in the US, that is when I believe bulls are going to start coming out of wherever they are hiding for the moment.”

Despite the nascent bounce, the future of non-fungible tokens remains shrouded in mystery. Few crypto experts expect a repeat of the 2021 boom anytime soon. Some doubt the long-term appeal of paying to be recorded on blockchain as the owner of a digital file that anyone can see online for free.

The market watchdog had on January 25 said 9 out of 10 retail traders in the equity F&O suffered losses to the tune of Rs 1.1 lakh in FY22. It also said there has been a significant increase of over 500 per cent in the number of individual traders in the equity F&O segment in FY22 compared to FY19.

A total of 3,507 shares changed hands on the counter till 12:09PM (IST).

Promoters held 48.76 per cent stake in the company as of 31-Dec-2022, while FII and DII ownership stood at 20.71 per cent and 9.82 per cent, respectively.

The firm produced 0.81 million tonnes of crude oil in October-December, up from 0.75 million tonnes a year back. Gas output also increased from 0.79 billion cubic metres to 0.8 bcm. It sold 1.41 million tonnes of oil and oil equivalent gas in the quarter as opposed to sales of 1.35 million tonnes a year back.

The Relative Strength Index of the stock stood at 31.52 on Tuesday.

“We do not know when a financial emergency will come or when there will be a contingency. Ideally speaking, there should be at least six months of all necessary expenses plus the EMIs, if one is able to have in near cash condition. Largely speaking, that will be good for most people.”

Out of the 10 Adani stocks listed on stock exchanges, only Adani Ports was trading marginally higher and all other nine stocks were blinking red.

Sectorally, Nifty IT rose 1.03% and Nifty Metal surged 0.32%. Whereas, Nifty Auto and Nifty Pharma opened lower. In the broader market, Nifty Smallcap50 rose 0.10%, while Nifty Midcap50 dropped 0.20%.