Latest Stock Market News

The stock quoted a 52-week high of Rs 442.95 and a 52-week low of Rs 242.0.

The Hyderabad-based company is betting on Covid-led demand for technology solutions to continue for the next few years as more industries adopt it

Market experts believe that the cryptocurrency market would not go lower from the current stage and discard the theory that the market is dead.

“We are still finding some attractive values around the world including in India in the stocks that have not participated in the market runup. We are very concentrated in India. We own only one stock -- HDFC Bank --and we are not selling.”

Nilesh Sha , MD & CEO, Kotak Mutual Fund speaks about his expectations from Budget 2022 and how it might impact the market.

The Nikkei edged up 0.24% to 27,588.37. Earlier in the day, it fell 1.2% after the S&P 500 and Nasdaq posted their biggest weekly drop since March 2020 last week. The broader Topix inched up 0.14% to 1,929.87.

Miners skidded 1.4%, with South32 falling 4% after the diversified miner warned that COVID-19 curbs may further hit labour shortages at its flagship Illawarra mine.

The BSE IPO index, which constitutes all stocks that debuted recently, is in a bear grip now, down nearly 20 percent from its highs

The pan-European STOXX 600 index slipped 0.4% by 0814 GMT, with Asian stocks also under pressure as investors braced for a hawkish update from the Federal Reserve this week.

“I would say we clearly need to leverage on our strengths as a country in terms of the huge consumption potential that we have - the ability to actually take advantage of the relocation of global value chain or even on the services side of the economy, there is a lot of scope in terms of digital penetration, lot of scope on food processing, new technology, new sectors, green tech etc,” says Sonal Varma.