News Overview

Metal stocks were trading in red, with the S&P BSE Metal index decreasing 1001.46 points or 4.24% at 22593.69 at 13:51 IST.

G.M. Breweries tumbled 5.20% to Rs 673.10 after the company reported 11.6% fall in net profit to Rs 40.08 crore despite a 11.2% rise in total revenue from operations to Rs 142.03 crore in Q4 FY22 over Q4 FY21.

Lidocaine and Prilocaine Cream USP, 2.5%/2.5% has an estimated market size of US$29 million for twelve months ending Dec. 2021 according to IQVIA.

Larsen & Toubro Infotech Ltd is quoting at Rs 5847.4, down 3.5% on the day as on 13:24 IST on the NSE. The stock jumped 42.33% in last one year as compared to a 20.54% rally in NIFTY and a 32.72% spurt in the Nifty IT index.

Coforge Ltd is quoting at Rs 4134.05, down 4.13% on the day as on 13:24 IST on the NSE. The stock jumped 43.02% in last one year as compared to a 20.54% rally in NIFTY and a 32.72% spurt in the Nifty IT index.

Mphasis Ltd is quoting at Rs 3054.8, down 2.38% on the day as on 13:24 IST on the NSE. The stock jumped 81.59% in last one year as compared to a 20.54% rally in NIFTY and a 32.72% spurt in the Nifty IT index.

The move will enable traders to manage their risk better, especially when it comes to out-of-the-money contracts.

The scheme is expected to push the mobile phone manufacturing at a healthy growth trajectory of 15-20% CAGR to reach a value of Rs5-5.5 lakh crore by FY2026

Here is the stock market performance at 1:30 PM today.

UK retail sales declined slightly in March as consumer confidence continued to weaken, the British Retail Consortium said on Tuesday. The like-for-like sales dropped 0.4 percent in March from the previous year. Meanwhile, total sales grew 3.1 percent, underpinned by non-food sales. Food sales were down 6.1 percent, due to the timing of Easter in 2021 and compounded by the impact of the lockdown in […]