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Latest Stock Market News

“Directionally, real estate still should be good over the next few years but none of these stocks are in the undervalued zone.”

Gold gains marginally; silver climbs to Rs 60,172

Updated at : 2021-10-07 18:20:01

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In the international market, gold traded in the green at $1,766 per ounce and silver flat at $22.74 per ounce.

All segments of the market saw buying, especially led by realty names that rallied on the back of Q2 sales updates. Auto stocks along with the IT sector also buzzed throughout the day.

"Unlocking value from investments and land banks will be a very big opportunity. These are the five, six themes the retail investor should bank on."

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“The rate cycle is going to continue very aggressively and even in this quarter, we will see strong performances across all the IT companies.”

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CoinSwitch Kuber happens to be the largest crypto platform in India, has onboarded nearly 1 crore users since June 2020.

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The 30-share BSE Sensex closed up 488.1 points at 59677.83

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According to the average of the estimates of ETIG and six brokerages, TCS is likely to report 3.8% sequential increase in revenue to $ 6,388.3 million for the September quarter compared with the 2.8% increase in the previous quarter.

“If there are no more extraneous factors, hopefully the worst is over because a lot of the worsening of the situation was caused by things like Covid in Malaysia, fire in Japan and storms in the US.”

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In the last one year, Nifty Metal Index has rallied over 150 per cent. Now, thanks to rising crude and gas prices, related stocks have also started rallying. But, DSP says this is nothing compared with what the metal sector made in earlier rallies.

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