Latest Stock Market News

Nifty has outperformed its global peers with gains of around nearly 3% in the calendar year 2022. However, among sectoral indices, Nifty PSU Bank index remained the top gainer with nearly 54% gains, while Nifty IT index remained the top loser as it fell 27% in CY22.

Buy Tanla Platforms, target price Rs 920: Geojit

Updated at : 2022-12-27 12:30:03

Rate this item

(1 Vote)

Tanla Platforms Ltd., incorporated in the year 1995, is a Small Cap company (having a market cap of Rs 9610.78 Crore) operating in IT Software sector.

Buy ITC, target price Rs 339: ICICI Direct

Updated at : 2022-12-27 12:30:03

Rate this item

(1 Vote)

ITC Ltd. key Products/Revenue Segments include Packaged Food Item, Agricultural Products, Paper & Paper Boards, Others, Tobacco Unmanufactured, Service (Hotel), Printed Materials, Other Operating Revenue for the year ending 31-Mar-2022.

“ If the crude oil prices remain stable, we should see balanced and stable growth going forward in the coming year and thereafter. I am directly positive on the metal and commodity space though I would be equally cautious about the unnatural outcome due to the crude oil prices which could possibly shock on the wrong side. So one could probably remain a bit cautious.”

Rate this item

(1 Vote)

The company had said that it sees positive signs of recovery going forward in the edible oils business for H2FY23, with softening of commodity prices and recent uptick in demand on the back of festivities and weddings.

Rupee falls 9 paise to 82.74 against US dollar

Updated at : 2022-12-27 11:30:03

Rate this item

(1 Vote)

According to an official announcement on Monday, China will scrap quarantine for international travellers from January 8 next year, as it reopens its international borders and comes out of international isolation after nearly three years.

Having risen more than 12% year-to-date, shares of the automaker have given double-digit returns for the first time since 2017. Year-to-date, Nifty 50 has gained a little over 5%. The stock remains a bet in the automobile pack for 2023 for most brokerages given the bullish outlook for passenger vehicle demand in the domestic market. Analysts expect Maruti Suzuki

"We think we should be done with interest rate hikes by central banks by mid 2023. However, the cost of capital for corporates and retail borrowers will continue to increase as liquidity tightens due to the balance sheet shrinking exercise by the US Fed. This may put the brakes on capex and consumer spending globally and reduce inflationary pressures."

Rate this item

(1 Vote)

Poonawalla Fincorp Ltd. key Products/Revenue Segments include Interest, Fees & Commission Income, Rental Income, Income From Sale Of Share & Securities for the year ending 31-Mar-2022.

Rate this item

(1 Vote)

Larsen & Toubro Ltd., incorporated in the year 1946, is a Large Cap company (having a market cap of Rs 294300.64 Crore) operating in Construction sector.

Warning! Information Posting in this website is only for educational purpose. We are not responsible for losses incurred in Trading based on this information.