Trade Financial News
20.03 / 07:47
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Paytm share price jumps 5% after hitting upper circuits for 2 days in a row; can it rise more? Here's what experts say
BSE, in intraday trade on Wednesday, March 20. This gain followed its recent trend of hitting the upper circuit in the preceding two consecutive sessions. Paytm share price opened at ₹415.60 against its previous close of ₹405.85 and rose 4.93 per cent to hit its intraday high of ₹425.85.
20.03 / 07:47
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Discover the Potential of your money: Why Now Is the Time to Invest in India
universe of investing—a place not just for experts but for you, too. My first step into the stock market was actually helping my dad. I was about 18 or 19 years old and became the family's go-to person for technology.
20.03 / 07:37
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DLF share price down 0.36 per cent
DLF Ltd. traded 0.36 per cent up at Rs 820.4 at around 12:59PM (IST) on Wednesday. The stock had closed at Rs 823.4 in the previous session. Equity benchmark Sensex traded 193.77 points higher at 72205.82 around the same time.
20.03 / 07:37
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Nifty turns negative for 2024 as regulator warnings jolt mid and smallcaps
Nifty extended its losses on Wednesday falling by over 100 points and hitting the 2024 low of 21,710.20 amid selling pressure in banks, particularly index heavyweight HDFC Bank. The uncertainty over the fate of small and midcap stocks has triggered the slide and in this week, Nifty has conceded 313 points or 1.4% so far. The headline index had ended 2023 at 21,731.40 on December 29.
20.03 / 07:37
20.03 / 06:29
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FIVE
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International
IMF says it reaches a staff level agreement with Pakistan to disburse $1.1 billion
By Ariba Shahid and Asif Shahzad
20.03 / 06:23
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Shree Cements shares down 0.33% as Nifty drops
Shree Cements Ltd. traded 0.33 per cent down in Wednesday's trade at 11:37AM (IST). Around 303 shares changed hands on the counter. The scrip opened at Rs 25124.75 and touched an intraday high and low of Rs 25124.75 and Rs 24898.45, respectively, in the session so far. Shares of the company of Shree Cements Ltd. quoted a 52-week high of Rs 30710.15 and a 52-week low of Rs 22601.3.
20.03 / 06:23
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ACC shares rise 0.16 per cent in Wednesday's trading session
ACC Ltd. rose 0.16 per cent to Rs 2406.05 in Wednesday's trade as of 11:32AM (IST) even as the benchmark Nifty ruled at 21786.35, down 31.11 points. The scrip had closed at Rs 2402.0 in the previous session. The stock quoted a 52-week low of Rs 1593.5 and a high of Rs 2759.95. The company quoted a market-cap of Rs 45068.94 crore on the BSE.
20.03 / 06:23
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SBI Card shares drop 0.63% as Sensex falls
SBI Cards and Payment Services Ltd. traded at Rs 692.75 on BSE at 11:42AM (IST) on Wednesday, down 0.63 per cent. The stock quoted a 52-week low price of Rs 678.8 and a high of Rs 932.35. Earlier in the day, the stock saw a gap down opening.
20.03 / 06:23
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Eicher Motors shares jump 6% on UBS upgrade
Eicher Motors jumped 6% on Wednesday to hit the day's high of Rs 3,940 after UBS upgraded the stock to 'Buy' from an earlier 'Neutral' rating while raising its price target to Rs 5,000 from Rs 4,300. With today's gains, the rally has extended to two sessions in a row. Over 13 lakh shares were trading on the NSE around 10:15 am with the traded value standing at Rs 531.50 crore. It was also the top Nifty gainer around this time.
20.03 / 06:23
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JPMorgan sees foreign investors flocking to Indian stocks after elections
That’s the view from Rajiv Batra of JPMorgan Chase & Co., who says global funds’ positioning in India’s $4.3 trillion stock market remains light and investors will use any correction as an opportunity to increase holdings. His views come as overseas flows have become more volatile ahead of the national vote amid concerns over stretched valuations.
20.03 / 06:07
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Gold Prices
Gold prices steady with Fed in focus, copper retreats from 11-mth peak
Investing.com-- Gold prices moved little in Asian trade on Wednesday, steadying from recent volatility as markets looked to the Federal Reserve for more cues on interest rate cuts in 2024.
20.03 / 05:57
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Stock market update: FMCG stocks down as market falls
LT Foods Ltd.(up 7.44%), Colgate-Palmolive(India)Ltd.(up 1.94%), Nestle India Ltd.(up 1.17%), Marico Ltd.(up 0.61%), Varun Beverages Ltd.(up 0.61%), Jyothy Labs Ltd.(up 0.34%), Zydus Wellness Ltd.(up 0.34%), Vadilal Industries Ltd.(up 0.16%), Bajaj Consumer Care Ltd.(up 0.14%) and Nakoda Group Of Industries Ltd.(up 0.10%) were among the top gainers.
20.03 / 05:57
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Mphasis shares drop 0.24% as Sensex falls
MphasiS Ltd. traded 0.24 per cent lower in Wednesday's session at 11:16AM (IST). The stock opened at Rs 2365.65 and has touched an intraday high and low of Rs 2424.75 and Rs 2365.65, respectively, during the session so far. The stock quoted a 52-week high of Rs 2835.0 and a 52-week low of 1660.65. About 3,495 shares changed hands on the counter so far.
20.03 / 05:57
20.03 / 05:57
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Au Small Fin Bank stock price up 0.46 per cent as Sensex slides
Au Small Finance Bank Ltd. rose 0.46 per cent to Rs 562.3 at 11:06AM hours (IST) on Wednesday. Earlier in the day, the stock saw a gap up start to the session. As per data available on BSE, total traded quantity on the counter stood at 19,529 shares with a turnover of Rs 1.09 crore till 11:06AM (IST). The stock traded at a price-to-earnings (P/E) multiple of 23.44, while the price-to-book value ratio stood at 0.0.
20.03 / 05:57
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Pharmaceuticals
Stock market update: Sugar stocks down as market falls
Bannari Amman Sugars Ltd.(up 2.05%), Ponni Sugars(Erode)Ltd.(up 1.14%) and Ugar Sugar Works Ltd.(up 0.74%) were among the top gainers.
20.03 / 05:57
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LTIMindtree shares down 0.25% as Nifty drops
LTIMindtree Ltd. traded 0.25 per cent down in Wednesday's trade at 11:11AM (IST). Around 1,494 shares changed hands on the counter. The counter opened at Rs 5147.75 and touched an intraday high and low of Rs 5147.75 and Rs 5072.1, respectively, in the session so far. The stock of LTIMindtree Ltd. quoted a 52-week high of Rs 6442.65 and a 52-week low of Rs 4130.3.
20.03 / 04:47
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NVIDIA
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Asian stocks
Asian stocks muted before Fed meeting; KOSPI outperforms on AI cheer
Investing.com-- Most Asian stocks steadied in cautious trade on Wednesday as markets awaited more cues on U.S. interest rates from the conclusion of a Federal Reserve meeting later in the day.
20.03 / 04:47
markets
Citi
economy
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Asia FX flat as dollar rises before the Fed; yen plumbs 4-mth lows
Investing.com-- Most Asian currencies moved little on Wednesday amid caution before more signals on interest rate cuts from the Federal Reserve due later in the day, with the dollar sitting at two-week highs.
20.03 / 03:51
markets
Trade
Updates
Yes Bank share price in focus on sale of a stressed loan exposure in Katerra India to Prudent ARC for ₹203 crore
Yes Bank has received cash consideration of ₹203.40 crore in relation to the same, it said. On January 20, Yes Bank had invited Expression of Interest (EOI) for sale of identified stressed loan exposures through auction under Swiss Challenge Method. This was being undertaken by the bank in accordance with the provisions of Reserve Bank of India’s Master Direction on Transfer of Loan Exposures, 2021.
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