The benchmark indices closed at a seven-month low, extending their downtrend for the fourth consecutive session, declining over 1.4% on January 13, with negative market breadth. A total of 2,373 equity shares saw a correction, compared to 212 shares that gained on the NSE. The market may attempt a rebound amid likely consolidation; however, the overall sentiment remains bearish. Below are some tra...

Let's catch up on the latest news from the stock market. From significant investments to major deals, quarterly earnings, order wins, appointments, and fundraising, here’s a quick look at which stocks will be in focus in today's trade:Results TodaySiemens, Ansal Properties & Infrastructure, and Unistar Multimedia will announce their quarterly earnings on November 26.Quarterly EarningsACME Solar ...

The benchmark indices recorded a notable recovery from the day's low for another session, closing flat with a negative bias on July 11, while the breadth was positive. About 1,403 shares advanced, while 924 shares declined on the NSE. The Nifty 50 continued to defend 24,300, and if it breaks this level, then 24,200-24,100 is the next likely support area, while the resistance is placed at the 24,40...

Kotak Institutional Equities' latest report highlights companies with inflated market caps despite lacking profit margin opportunities. The report highlighted a clear disconnect between narratives and numbers, with certain stocks' market cap not matching their best-case profit projections.While acknowledging themes like electrification and increased defense spending, Kotak questioned the high mark...

Volte faceSome informed bulls appear to have jumped ship in Voltas just ahead of its disappointing fourth-quarter numbers announced post-market hours on Tuesday. The stock had been riding high after a strong fourth-quarter business update. However, its quarterly numbers showed that Voltas’s efforts at increasing market share are coming at the expense of margins. Mutual funds and PMS funds had lo...