Share Market News Today | Sensex, Nifty, Share Prices LIVE: Domestic equity market benchmarks BSE Sensex and Nifty 50 were trading over half a per cent higher on Tuesday.
Vodafone Idea was the most active stock on NSE, with more than 21.32 crore equity shares exchanging hands as the stock rose 1.44%.
Tech Mahindra rose to a new 52-week high of Rs 1,629.40 apiece, crossing its previous high of Rs 1,575.95 apiece, hit on 20 October 2021.
On hopes of a faster return to normalcy from the COVID-19 pandemic, the Indian share market kept rising from last Diwali 2020, except for sideways trade between February 2021 to May 2021.
Analysts have increased the target price for Tata Motors to Rs 625 per share from Rs 565 apiece earlier, on improving India franchise, early leadership in EVs in India, and JLR focus returning to the higher-margin Land Rover brand.
Along with the rise of Tesla Inc share price, Elon Musk’s net worth has also soared by a massive $36 billion, according to Bloomberg Billionaires Index, extending his lead as the world’s richest person ahead of Amazon’s Jeff Bezos.
Even though the current trend continues to remain positive, it is advisable to gauge the markets before taking a directional call.
On Multi Commodity Exchange, gold December futures were trading Rs 80 or 0.16 per cent down at Rs 48,140 per 10 gram, as against the previous close of Rs 48,200.
If so, the momentum of the rupee will also largely depend on RBI’s tolerance to let the rupee appreciate and how aggressive is the central bank in absorbing inflows.
Amid the fallout from the Facebook Papers documents supporting claims that the social network has valued financial success over user safety, Facebook on Monday reported higher profit for the latest quarter.
All the Nifty sectoral indices were trading in the positive territory.
Gold in COMEX has breached the resistance of 1800$ which indicates bullish momentum will remain intact in prices.
The US markets ended higher on Monday on optimism about more upbeat earnings reports, with a slew of big-name companies due to report their quarterly results this week.
Petrol and Diesel Rate Today in Delhi, Bangalore, Chennai, Mumbai, Hyderabad: The price of petrol and diesel were left unchanged by oil marketing companies for the second day straight on Tuesday.
The economy is likely to register a 9.5 per cent growth this fiscal over 7.3 per cent contraction last year, as the ongoing recovery is faster and more credible than earlier foreseen, according to a foreign brokerage report.
Entering the second trading session of the day, SGX NIfty was in the green, hinting at positive momentum building up ahead of the day’s trade.