πŸ“° Latest Economy & Stock Market News
Ramesh Damani buys stake in this defence PSU; stock zooms 15%
Updated at : 2022-01-07 11:35:01

According to the latest shareholding data filed by the company, Damani holds 12,51,156 equity shares or 1.09 per cent stake in the defence player.

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Chola Inv Finance shares up 1.12% as Nifty gains
Updated at : 2022-01-07 11:30:02

A total of 15,871 shares changed hands on the counter till 10:56AM (IST).

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Buy DCB Bank, target price Rs 140: Centrum Broking
Updated at : 2022-01-07 11:25:01

DCB Bank Ltd. key Products/Revenue Segments include Interest & Discount on Advances & Bills, Income From Investment, Interest On Balances with RBI and Other Inter-Bank Funds and Interest for the year ending 31-Mar-2021.

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Rupee strengthens on exporter activity; gains capped before US jobs data
Updated at : 2022-01-07 11:20:01

The partially convertible rupee opened at 74.3550/$1 against 74.4900/$1 at the previous close. So far in the day, the Indian currency moved in a band of 74.3400-74.3725/$1.

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Back to value investing? Get ready for valuation compression in growth stocks: Sandip Sabharwal
Updated at : 2022-01-07 11:00:01

Ò€œEven if there is earnings growth, the valuation compression will lead to many of the stocks actually not giving returns.Ò€

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Not the time to buy small and midcaps outright; be selective: Aniruddha Sarkar
Updated at : 2022-01-07 10:55:01

"We look at individual sectors and within those sectors we try to find out which are the stocks that give me comfort for both value and earnings growth."

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Meme coins fall as gloom overtakes crypto fanatics
Updated at : 2022-01-07 10:50:01

Dogecoin, Shiba Inu and other tokens associated more with online jokes rather than actual software products have been hit harder than sector originals Bitcoin or Ethereum during the recent retreat from the record price levels reached late last year. Doge is off nearly 80% from its all-time high of 74 cents in May, and Shiba has declined more than 65% since hitting its peak of fractions of a penny in late October.

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Buy Federal Bank, target price Rs 125: Centrum Broking
Updated at : 2022-01-07 10:45:01

Federal Bank Ltd., incorporated in the year 1931, is a banking company (having a market cap of Rs 18924.13 Crore).

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Gold rate today: Yellow metal edges higher; silver trades flat
Updated at : 2022-01-07 10:40:01

Ravindra Rao, CMT, EPAT, VP- Head Commodity Research at Kotak Securities said gold has stalled after the sharp sell-off triggered by FOMC minutes as market focus shifts to non-farm payrolls report. "Support from virus concerns and geopolitical risks is countered by FedÒ€ℒs aggressive monetary tightening stance and weaker investor interest," he added.

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Top cryptocurrency prices today: Ethereum, Solana and Terra tank up to 6%
Updated at : 2022-01-07 10:35:01

The global crypto market cap dropped over a per cent $2.04 trillion mark compared to the last day. The total crypto market volume jumped about 14 per cent to $101.89 billion.

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