Latest Stock Market News

"Seeds of a bull run are always sown in a bear market!!! In the words of Shelby Davis “You make most of your money in a bear market, you just don’t realize it at the time.” I’d like to Advice the investors to stay invested in quality stocks and not be affected by all the noise going around."

“We are currently still at about 35% odd cash levels. We have used the dips to buy and we have been buying private sector banks. They were available at a very reasonable price. We selectively bought into IT as well. I am a believer that this is a multiyear trend in IT. We also looked at some auto and energy plays.”

In the SUV segment, the company plans to launch new models, while in the non-SUV space comprising hatchbacks, sedans and vans, Maruti aims to bring in new features, technology and aggressive design language. In order to prune the deadwood, MSI has also decided to discontinue the S-Cross from the line up and plans to focus on the new model which is going to be produced by Toyota and feature both mild and strong hybrid technology.

Almost all analysts expect credit growth for the banking system will be upward of 12%, largely driven by private banks. Net interest margins (NIM) could also inch upward of 3% largely due to better net interest income and an upward interest rate cycle.

The investments would be towards expanding city gas distribution (CGD) infrastructure and setting up new compressed natural gas (CNG) stations, among other areas. "We would be investing in steel pipelines, in polyethylene pipelines, setting up of CNG stations, purchase of land parcels, among others. This is a very capital-intensive project," said Chiradeep Datta, chief operating officer, AG&P Pratham.

Industry executives expect the cash-rich Gautam Adani-led conglomerate to engage in a possible bidding battle with Reliance Jio and Bharti Airtel for 5G airwaves in both the coveted but expensive 3.3-3.67 GHz and the cheaper 26 GHz bands.

The State Bank of India (SBI) is said to join the syndication process that already has confirmed participation from Mizuho Bank, MUFG and Standard Chartered Bank, the people cited above said.

As per smartphone and electronics industry researcher GfK India, the contribution of organised retail surged in January to May compared with the same period last year by 1-4 percentage points across products such as smartphones, televisions and large appliances.

Spandana Sphoorty, Mishtann Foods, 5Paisa Capital and Star Housing Finance are among the companies that will announce their quarterly earnings for the quarter ended June 2022.

After a miserable first half for the stock market, investors are assessing whether the U.S. economy can avoid a significant downturn as the Fed raises rates to fight the worst inflation in decades.