The credit card market is emerging at a rapid pace in India and Indian banks haveSRF stock touched 52-week high on Thursday and the stock is currently looking strong on technical charts. SRF has touched 52-week high at Rs 2697 and the stock closed at Rs 2664.
News in Focus
Indian markets are witnessing higher volatility this week with market players not sure about the direction for the market.
IREDA share price declined by 3.4 percent before the public sector energy major announced quarterly results.
Motilal Oswal has issued a detailed research report on Manappuram Finance, maintaining a "Neutral" rating with a target price of Rs 205, implying a 14% upside from the current market price of Rs 18
Dredging Corporation opened at Rs 833 but started drifting towards intraday low of Rs 806. The stock closed the trading session near day's low and we could see major support around Rs 763.
HDFC Securities, a leading broking firm, has achieved a significant milestone with its mutual fund assets under management (AUM) surpassing Rs 25,000 crore.
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Initial Public Offerings (IPOs) continue to attract wide interest from retail investors in India. These investors are drawn to the listing gains that newly listed companies often provide.
SBI Cards Shares were trading nearly one percent lower in today's session. SBI Cards opened the trading session at Rs 740 and that remains day's high for the stock.
PAYTM share price has recently declined from 52-week high of Rs 1,062 but Bernstein Research is still bullish on the fin-tech stock. PAYTM was trading 0.4 percent lower today at Rs 899.
