Lowe's Financial News

Indian Hotels Company Ltd. traded 0.96 per cent up in Tuesday's trade at 12:43PM (IST).

DLF Ltd. traded 0.53 per cent up at Rs 524.85 on Tuesday at around 12:12PM (IST), while the benchmark BSE Sensex declined 27.99 points to 65995.7. As many as 26,771 shares changed hands on the counter with a total value of Rs 1.4 crore. The stock quoted a 52-week high price of Rs 544.45 and a 52-week low of Rs 336.55. On the technical charts, the 200-DMA of the stock stood at Rs 433.23, while 50-DMA was at Rs 502.3.

Colgate-Palmolive (India) Ltd. traded 0.01 per cent down at Rs 2001.3 at 12:17PM (IST) on Tuesday, even as BSE benchmark Sensex dropped 23.85 points to 65999.84.

Delta Corp share price dropped almost six per cent in the morning trade on BSE on Tuesday to hit its fresh 52-week low of ₹134.55. The stock opened at ₹137.50 against the previous close of ₹143 and plunged 5.90 per cent to its one-year low level. In the previous session, the stock cracked over 18 per cent after it received a government notification requiring it to pay a tax of ₹16,822 crore for the period spanning July 2017 and March 2022.

New Delhi: The Tata group acquired Air India and its low-fare unit Air India Express in January 2022 under a government-led strategic divestment programme. Later that year, the Tata group announced a merger between Air India and Vistara, and between Air India Express and AirAsia India. The two mergers are currently underway.

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Au Small Finance Bank Ltd. gained 0.9 per cent to Rs 748.65 in Tuesday's trade as of 10:51AM (IST).

ACC Ltd. traded at Rs 2015.2 on BSE at 10:45AM (IST) on Tuesday, up 0.74 per cent from previous close. The scrip quoted a 52-week low price of Rs 1593.5 and a high of Rs 2674.45. Earlier, the stock saw a gap down opening in the morning. A total of 4,960 lakh shares changed hands on the counter till 10:45AM (IST). The stock of ACC Ltd.

Crompton Greaves Consumer Electricals Ltd. traded 0.95 per cent up at Rs 296.2 at 10:25AM (IST) on Tuesday, even as BSE benchmark Sensex gained 10.89 points to 66034.58. The scrip had closed at Rs 293.4 in the previous session.

Bajaj Holdings & Investment Ltd. rose 0.96 per cent to Rs 7353.0 at 10:20AM hours (IST) on Tuesday.

Investing.com-- Most Asian currencies fell slightly on Tuesday, while the dollar steadied at its highest levels for the year on growing bets that U.S. interest rates will rise further this year.

Investing.com-- Gold prices fell in Asian trade on Tuesday, facing consistent pressure from a stronger dollar and higher Treasury yields as Federal Reserve officials reiterated the bank’s outlook for higher interest rates. 

equity indices ended flat amid volatility with the Sensex closing above 66,000 level and the Nifty 50 settling at 19,674.55. Nifty formed a small body candle on the daily chart with upper and lower shadow. The opening and close were almost identical for the day.

Expert: Milan VaishnavThe markets tried hard to put a potential base in place as they consolidated and ended flat while Bank Nifty mildly outperformed. The Nifty started off on a flat note after trading flat in the first hour of the session.

Balrampur Chini, Canara Bank, Granules India, Hindustan Copper and Indiabulls Housing Finance Company. The F&O contracts of any stock enter the ban period when the open interest (OI) on it crosses 95% of the market-wide positions limits or MWPL. The ban on it is reversed only if the open interest falls below 80%. Traders who trade in indices do not encounter a situation of security ban. The MWPL for Balrampur Chini stood at 100.5% on Monday with OI reported by Trendlyne at 6.2 million. It was down 28.8% from the previous session. For Granules India, MWPL stood at 84.3% on Monday with OI reported by Trendlyne at 9.6 million.

dollar stood by 10-month highs against a basket of major currencies on Tuesday, supported by U.S. bond yields scaling 16-year peaks, while the yen tiptoed deeper into the intervention danger zone. A combination of resilient economic data, hawkish Federal Reserve rhetoric and a budget deficit to be financed by borrowing has the 10-year Treasury yield up more than 45 basis points in September to top 4.5% for the first time since 2007. Rates markets are priced for an almost 40% risk of another Fed hike this year, against slimmer chances for another rise in Europe, and the difference has helped prop up a dollar many had bet would swiftly fall once short-term rates peaked. As U.S.

Treasury yields scaled a fresh 16-year peak on Tuesday, underpinning the dollar near a 10-month summit, as investors responded to the message from the Federal Reserve and other major central banks of rates staying elevated for longer. Asia-Pacific stock benchmarks sagged along with gold, while crude oil continued to drift back from 10-month highs. The yield on 10-year Treasury notes rose to 4.552%, a level not seen since October 2007. The U.S. dollar index — which measures the currency against six major developed market peers, including the euro and yen — ticked up 0.05% to 106.00, after reaching 106.10 overnight for the first time since Nov.

Wall Street's main indexes posted gains on Monday, with increases in Amazon.com shares and the energy sector, as Treasury yields rose further and investors looked to economic data and Federal Reserve policymakers' remarks later in the week for clarity on the path for interest rates. Investors are grappling with the rise in benchmark Treasury yields to 16-year highs after the Fed gave a hawkish longer-term rate outlook. The S&P 500 rebounded on Monday after last week it had its biggest weekly drop since March. There is a «tug of war between investors seemingly getting more concerned about 'higher for longer'… and bulls wondering maybe we have seen the correction and we can start to build from these levels higher,» said Chuck Carlson, chief executive officer at Horizon Investment Services. The Dow Jones Industrial Average rose 43.04 points, or 0.13%, to 34,006.88; the S&P 500 gained 17.38 points, or 0.40%, at 4,337.44; and the Nasdaq Composite added 59.51 points, or 0.45%, at 13,271.32. Among S&P 500 sectors, energy led the way, rising 1.3%, while materials gained 0.8%.

investors looking for better returns are set to buy more into Indian banks as improved margins and stable asset quality make such stocks attractive for bulge-bracket funds, said a report by S&P Global Market Intelligence. The total market value of foreign institutional investors' holdings in Indian banks has risen to ₹8.3 lakh crore as of June 30, from ₹7.7 lakh crore a year ago, said the report. The country's economic growth prospects and the lenders' solid performance are some factors driving the investor interest. Following this trend, more global investors are likely to participate. In its financial stability report, India's central bank said the asset quality of SCBs continued to improve and their GNPA ratio declined to a decade low of 3.9% in March 2023. «More investments in Indian lenders may come from Australia, Europe, Japan, South Korea and the Middle East», said the report.

casino operator Delta Corp plunged 18% on Monday on news the company and its subsidiaries got tax notices for ₹16,800 crore from the Directorate General of GST (Goods and Services Tax) Intelligence. The development spooked investors as the claims were over four times the company's market value of ₹3,829 crore on Monday. The stock hit a 52-week low of ₹140.20 before closing at ₹143.

Diversified FMCG major Hindustan Unilever is trading near crucial support areas and a pullback move is on the cards, which may take the stock towards Rs 2500 levels, suggested experts.The stock, which is also a part of the S&P BSE Sensex, hit a 52-week high of Rs 2768 on 7 July 2023, but failed to hold on to the momentum. It has fallen a little over 10% since then.