News for India Tourism Development Corporation Limited (ITDC.BO)

Other companies that LIC increased its stake in include Ador Welding, Poonawalla Fincorp, Apollo Tyres, and Titan Company, among others

Stocks to watch: Check out the companies making headlines before the opening bell today, on April 5, 2024.

In terms of levels, immediate resistance for Nifty 50 is notable at 22,800, a significant level on higher time frames, with further resistance observed at 23,170 and 23,400.

More than 500 companies across all sectors will be revealing their third quarter financial results next week.

A breakout above 22,150, Nifty may experience upward momentum, potentially reaching levels such as 22,500 and beyond, says Rupak De, Senior Technical Analyst, LKP Securities.

In this week, the Indian rupee added 19 paise to end at 82.92 against the dollar.

Nifty hit a record high of 22,126.80 but the markets still closed lower at the time of closing. Sensex erased its 1000-point gain and closed 441 pts higher at 72,086 while Nifty closed at 21,854.

Top Nifty gainers were Maruti Suzuki, Cipla, Eicher Motors, SBI Life Insurance and Power Grid Corporation, while losers included UltraTech Cement, L&T, Dr Reddy's Laboratories, JSW Steel and Grasim Industries.

Stock market slumps, with Sensex and Nifty down, while most sectoral indices trade in the red.

The upcoming week is going to be sensitive for the markets as RBI will convene its Monetary Policy Committee (MPC) meeting and the release of earnings by major companies may drive markets

Shares of hotels and resorts entity India Tourism Development Corporation (ITDC) since its closing on Tuesday has galloped by a hefty 24% in 2 sessions. The stock in trade on August 18, 2022 has hit an intra-day high of Rs. 424 per share on the NSE as against the Tuesdays close of Rs. 342.2 per share on the NSE.

Global investors press safety button on rising delta variants around the world

Trends on SGX Nifty indicate a cautious opening for the index in India with a 25 points loss.

Stocks In News: Check out the companies making the biggest headlines before the opening bell.

One may expect Nifty to slip further down to 15,635 levels or may slide lower in the short term, says Nagaraj Shetti of HDFC Securities.