Latest Stock Market News

"Corrections in prices and valuations must be looked at on a stock-by-stock basis after incorporating for the change in operating conditions and business outlook. I believe selectively there are businesses that are available at reasonable valuations in these categories. Historically, the midcap category produces amongst a higher percentage of outperforming stocks, especially in strong rising markets."

“If you have to save bonds, we will have to sacrifice equity and if you have to save equity we will have to sacrifice currency significantly so my sense is that the best thing for RBI and I have made this point many times over that pivot to weakening currency dramatically from here anyways foreigners are actually leaving you and they will continue to leave for reasons which are very fundamental and we can discuss them separately.”

“I would rather be a buyer on dips rather than selling at these prices. In this period of bottom formation, which from now, is on for another couple of months, one will get opportunities with the market being sideways and data still does not support it. One should cash those dips rather than selling now at these levels.”

The global cryptocurrency market cap was trading higher at the $909.69 billion mark, zooming more than 6 per cent in the last 24 hours. However, the total cryptocurrency trading volume jumped almost 38 per cent to $55.27 billion.

Asian Paints Ltd., incorporated in the year 1945, is a Large Cap company (having a market cap of Rs 267644.96 Crore) operating in Building Materials sector.

The company plans to carry out branch expansion across South India and North India. Branch expansion will also aid in creating employment opportunities in the sector as the company plans to train and hire 600 more people to support this expansion.

Tata Motors hopes to return to the list of dividend-paying companies soon. The flagship of the Tata Group has not paid dividends to its shareholders for the last five years.

The company has plans of expanding the product portfolio to 10 electric vehicles by 2025 and he expects the share of EVs in total sales to rise to 25% in the next five years.

The case dates back to 2014 when TCS was accused of stealing intellectual property from Epic Systems.

The proposed transaction is likely to value Manipal Hospitals at around ₹18,000 crore, said a second person. If the deal fructifies, it will yield a near three-fold return for the US PE firm on its seven-year-old investment.