Stock Market Live: Indian indices were trading lower on Wednesday dragged by losses in IT and bank stocks. Broader markets, however, outperformed benchmarks. The Nifty IT index fell 0.7 percent while the Nifty Bank and Nifty Fin Services shed around 0.5 percent. However, the Metal index rallies over 2 percent and pharma, auto and FMCG sectors were also positive.Get latest Market online at cnbctv18.com
The timing of the IPO appears to be very good as the markets are at all-time highs, says Hemang Jani
As we step into December, the fears of bears taking control remain high as we trade near crucial resistance levels. But, the last 10-years data suggests that bulls remained in control of D-Street.
Gold had jumped ₹700 per 10 gram while silver about ₹3,000 per kg in the previous session.The rates of gold have fallen about ₹8,000 from August highs on optimism that the global economy can finally get back on course in 2021
Ambanis retained the top spot despite the decline of Anil Ambani (chairman of ADAG), who is no more a billionaire.
Rahul Mohindar of viratechindia.com suggests buying UPL with a stop loss of Rs 419, target at Rs 462 and Infosys with a stop loss of Rs 1,110, target at Rs 1,180.
Hyundai says a high-performance EV based on its E-GMP platform will fire from zero to 100 kmph in 3.5 seconds..The E-GMP will underpin Hyundai Motor Group’s plans to introduce a total of 23 BEV models including 11 dedicated BEV models, and sell more than 1 million BEVs worldwide by 2025.
Singapore has given US start-up Eat Just the greenlight to sell its lab-grown chicken meat, in what the firm says is the world's first regulatory approval for so-called clean meat that does not come from slaughtered animals.
Priced at ₹1.75 lakh (ex showroom), Royal Enfield Meteor 350 promises to be a solid cruise ride option..Royal Enfield is looking at getting more traction from younger buyers and has introduced colour customization on its Classic 350.
Businesses in India are hopeful of a quicker return to pre-pandemic levels of profitability than most others, and are positive about international trade despite the ongoing protectionism, says HSBC’s annual Navigator survey