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Latest Stock Market News

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A selloff sent the social-media giant’s stock plummeting 4.9% on Monday, adding to a drop of about 15% since mid-September.

“The increase in crude oil price rise may be transitory and could cool down eventually.”

Ethereum has started to witness good inflows upon recovery, which is a strong fundamental sign of the asset, showcasing that investors are still keen on accumulating the asset, said ZebPay Trade Desk.

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JSW Energy currently has a pipeline of 2.5 GW of renewable energy projects which are under construction.

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In the spot market, highest purity gold was sold at Rs 46, 394 per 10 gram while silver was priced at Rs 59,997 per kg on Monday, according to the Indian Bullion and Jewellers Association.

How divided the Street is on DMart is reflected in the price targets, where the median 12-month price target of 26 analysts suggests a potential 24 per cent downside for the stock; the lowest target suggest 56 per cent downfall while the highest target suggest 29 per cent upside for the scrip.

The Nifty Auto index was trading 0.56 per cent up at 10700.3.

Buy Cyient, target price Rs 1250: HDFC Securities

Updated at : 2021-10-05 12:20:02

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Cyient Ltd., incorporated in the year 1991, is a Mid Cap company (having a market cap of Rs 11563.91 Crore) operating in IT Software sector.

Ashok Leyland rises 1.73% as Sensex slides

Updated at : 2021-10-05 12:20:02

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The stock traded at a P/E multiple of -1293.65, while the price-to-book value ratio stood at 4.24.

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As of 30-Jun-2021, promoters held 60.5 per cent stake in the company, while FIIs held 11.25 per cent and domestic institutional investors had 0.87 per cent.

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