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Latest Stock Market News

The prime minister called Jhunjhunwala "lively", "insightful" and "bullish on India"

Going by options data, the 17,600-17,800 zone not only saw unwinding of Calls Open Interest, but also witnessed additional Put writing across this area. The 17,800 level has the second highest accumulation after the 18,000 level.

Currently, Arihant Superstructures has about 12,000+ homes under construction with an area of 11 million sq ft. and there are 17+ projects under construction in high growth regions like Mumbai MMR (Navi Mumbai & its peripheries) and Jodhpur.

Will investors now look at the world’s largest coal producer from the lens of a new-age technology company driving India into an EV future?

Damodaran, also renowned as the Dean of Valuation, in his latest blog post said the fintech company should be valued at Rs 1,45,671 crore, or $19.60 billion. As per this, its existing shares should be valued at Rs 2,190.24.

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After hearing the matter for some time on Monday, the tribunal adjourned the proceedings for Tuesday.

Gold climbs by Rs 269; silver jumps to Rs 59,704

Updated at : 2021-10-05 18:20:01

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In the international market, gold traded lower at$1,759 per ounce and silver remained flat at$22.58 per ounce.

Stock market update: Nifty Bank index advances 0.43%

Updated at : 2021-10-05 18:20:01

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The Nifty Bank index closed 0.43 per cent up at 37741.0.

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Nifty50 formed a bullish candle on the daily scale and higher highs on the shorter time frame chart, indicating that buying interest could continue. Now, the index has to hold above the 17,777 level for a bounce towards 17,950 and 18,000 levels while support was seen at the 17,650 and 17,580 levels.

“FIIs are selling shares worth billions of dollars in the last one week but still markets are refusing to bow to them. With billion dollar sales, there should be blood on the Street, but there is no blood on the Street.”

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