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Latest Stock Market News

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At the interbank forex market, the local unit opened strong at 74.15 against the greenback and witnessed an intra-day high of 74.03 and a low of 74.21. It finally settled at 74.03, a rise of 31 paise over its previous close.

"Markets are showing tremendous resilience amid the rising COVID cases and the focus would now shift to the earnings season," said Ajit Mishra, VP - Research, Religare Broking.

IDFC Bank is a good bet: Daljeet Singh Kohli

Updated at : 2022-01-11 10:55:04

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"We have not added any new-age listed companies to our portfolio. Zomato we had added a few months back, but we immediately moved out also after a few months. So we are on the sidelines and are looking for how to adjust and try to understand the valuations."

Stock market update: Nifty IT index advances 0.19%

Updated at : 2022-01-11 10:55:04

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The Nifty IT index closed 0.19 per cent up at 38212.2.

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The value of loans disbursed through our platform during the quarter was Rs 2,180 crore, an increase of 365 per cent YoY, the company said in an exchange filing.

Macquarie was the first ever broker to come out with a coverage report on Paytm, but its price target of Rs 1,200 set the tone for the stock on the debut day itself

Goldman Sachs expects four Fed rate hikes this year

Updated at : 2022-01-11 10:55:04

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The research arm of the U.S. investment bank earlier predicted the Fed would raise rates in March, June and September, but it now expects another hike in December.

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If you consider the fact that money supply in America went up by over 30 per cent last year, you have to expect prices to go up by that much, said Mobius

ArcelorMittal is seeking a refundable security deposit that the erstwhile Essar Steel had paid to these two companies and were payable upon termination of the contract with these companies.

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Amfi data released for the month of December said investors invested a net Rs 25,076.71 crore from equity oriented funds thanks to consistent flows to NFOs

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