Stock Market News

Over the past few months, rising interest rates amid surging inflation has dented market sentiment across the globe

The National Stock Exchange Nifty50 gained 126 points, or 0.7 per cent, to close at 18,817

The latest gains come on the back of robust sales posted by realty developers for the three-month period ending March (Q4FY23)

Inspired by Brazil's Novo Mercado, the platform would accept any listed company that voluntarily adopted its stricter corporate governance code

Price wars led by increasing capacities and aggressive competition may hit prospects

Realty stocks could see more gains while banking and NBFCs may witness a relief rally

The engineering and construction company, however, did not provide the exact value of the contract, but specified that as per its classification, a mega project is of over Rs 7,000 crore.

Adani Green, Nykaa, APSEZ among firms with maximum cut in TPs in Jan-March 2023, shows Bloomberg data. Canara Bank, JSW Steel and Bank of Baroda have seen highest increase in TPs

Industry experts say it could help attract global players

Rural consumption will be crucial in the near-term for two-wheelers, while tractor sales have been healthy due to higher crop prices and adequate water reservoir levels

Listing and value unlocking to be the key event for RIL's stock price, says Nomura

Some believe alternative investment funds may face teething issue but the regulatory changes will eventually improve governance

The brokerage has assigned a target price of Rs 520, or 36 per cent lower that KPIT's last closing price of Rs 810

JP Morgan has initiated coverage on the stock with an "underweight" rating and a target price at Rs 540 per share

The move is expected to create a big player in segments including the NBFC (non-banking financial company) space with net worth of Rs 25,851 crore as of March 2022.

The stock is inching towards its 52-week high of Rs 424 touched on November 25, 2022.

The Ministry of Defence (MoD) on March 30 signed contracts with Indian shipyards, Bharat Dynamics, Bharat Electronics, and BrahMos Aerospace for equipments worth over Rs 35,000 crore.

Positive divergence may push Sensex and NIfty in a bullish trend for coming sessions, show technical charts.

The BSE smallcap index jumped 7,566.32 points or 36.64 per cent in 2021-22 fiscal, and the midcap surged 3,926.66 points or 19.45 per cent

Strong volume growth in its core segments of M&HCV/tractors should help keep the sales trajectory elevated