Streetview Daily Updates Streetview Weekly Updates

Streetview Daily Updates

Top Gainers

INDUSINDBK

₹904.50

(1.61%)

YESBANK

₹21.78

(1.35%)

IDFCFIRSTB

₹86.65

(1.21%)

FEDERALBNK

₹268.40

(0.81%)

BANKBARODA

₹302.55

(0.60%)

HDFCBANK

₹996.65

(0.55%)

UNIONBANK

₹154.30

(0.47%)

SBIN

₹989.30

(0.46%)

AXISBANK

₹1,278.40

(0.31%)

AUBANK

₹1,002.25

(0.28%)

Top Losers

CANBK

₹153.08

(-0.75%)

Trending Now

Zydus Wellness : Zydus Wellness shares rise 10% in two days as Motilal Oswal gives 'buy' rating.

Blue Dart : Blue Dart shares rise 9% as tax demand against arm cut to Rs 65 lakh from Rs 421 crore.

Vodafone Idea : Vodafone Idea shares jump 10% but Emkay still sees 44% downside.

Get daily predictions and stock updates

Price Movers	Change (Price & %)	Price
HDFCBANK	6.2 (0.63%)	₹990.33
RELIANCE	12.7 (0.81%)	₹1580.6
M&M	41.4 (1.1%)	₹3805.04
BAJFINANCE	13.2 (1.36%)	₹983.79
MARUTI	229.0 (1.37%)	₹16944.33
ICICIBANK	4.1 (0.31%)	₹1326.68
BHARTIARTL	9.2 (0.44%)	₹2100.11
ETERNAL	3.55 (1.25%)	₹287.55
BEL	7.1 (1.79%)	₹403.75
HINDALCO	17.55 (1.96%)	₹912.96
NTPC	4.7 (1.4%)	₹340.41
SBIN	4.9 (0.5%)	₹984.9
COALINDIA	7.05 (1.76%)	₹407.62
JIOFIN	4.15 (1.4%)	₹300.58
ASIANPAINT	29.0 (1.05%)	₹2790.9
TATASTEEL	1.56 (0.86%)	₹182.96
ONGC	2.79 (1.17%)	₹241.25
INFY	2.9 (0.18%)	₹1614.01
AXISBANK	3.3 (0.26%)	₹1272.53
JSWSTEEL	9.8 (0.84%)	₹1176.47
HINDUNILVR	9.4 (0.4%)	₹2359.4
SBILIFE	17.7 (0.87%)	₹2052.18
TCS	7.7 (0.24%)	₹3216.03
LT	6.2 (0.15%)	₹4139.53
ADANIPORTS	10.4 (0.7%)	₹1496.11
GRASIM	17.8 (0.62%)	₹2888.77
KOTAKBANK	4.6 (0.21%)	₹2195.08
SUNPHARMA	6.3 (0.37%)	₹1709.0
TMPV	2.85 (0.78%)	₹368.23
TRENT	23.9 (0.56%)	₹4291.76
WIPRO	1.65 (0.62%)	₹267.78
HDFCLIFE	4.3 (0.57%)	₹758.69
CIPLA	6.8 (0.45%)	₹1517.91
POWERGRID	0.75 (0.28%)	₹268.61
MAXHEALTH	4.0 (0.38%)	₹1056.63
ADANIENT	10.6 (0.47%)	₹2265.92
BAJAJFINSV	4.6 (0.23%)	₹2004.6
TATACONSUM	3.5 (0.3%)	₹1170.17
HCLTECH	0.9 (0.06%)	₹1500.9
APOLLOHOSP	-13.5 (-0.19%)	₹7091.76
INDIGO	-8.5 (-0.17%)	₹4991.5
TECHM	-4.2 (-0.26%)	₹1611.18
EICHERMOT	-23.5 (-0.32%)	₹7320.25
NESTLEIND	-4.9 (-0.38%)	₹1284.57
DRREDDY	-9.4 (-0.75%)	₹1243.93
ULTRACEMCO	-49.0 (-0.41%)	₹11902.22
SHRIRAMFIN	-5.4 (-0.53%)	₹1013.47
TITAN	-26.3 (-0.65%)	₹4019.85
BAJAJ-AUTO	-143.0 (-1.5%)	₹9390.33
ITC	-12.9 (-3.55%)	₹350.48
DUMMYHDLVR	0.0 (0.0%)	₹N/A

Intraday Momentum Scanner: Stocks Breaking Out Right Now

Stock	Current Price	Breakout Level	Volume	Momentum Indicator
Bharti Airtel	₹2122	2174.5	6,56,488	Neutral
State Bank of India	₹990.1	999	13,05,782	Neutral
Infosys	₹1633.9	1982.8	4,62,622	Neutral
Larsen & Toubro	₹4149.6	4146.8	1,71,694	Neutral
Hindustan Unilever	₹2335.2	2705.09	1,83,022	Neutral
Maruti Suzuki	₹16978	16818	92,675	Neutral
Mahindra & Mahindra	₹3806.5	3795	5,35,767	Neutral
Kotak Bank	₹2224.2	2301.9	4,33,155	Neutral
Sun Pharmaceutical	₹1725.7	1902.95	1,10,558	Neutral
UltraTech Cement	₹11864	13097	22,628	Neutral

P/E Ratio

The Price-to-Earnings (P/E) Ratio is a key financial metric used to evaluate a company's valuation.It is calculated by dividing the current share price by the earnings per share (EPS).

A high P/E ratio may indicate that a stock is overvalued or that investors are expecting high growth rates in the future, while a low P/E ratio might suggest that the stock is undervalued or that the company is experiencing difficulties.

Investors often use the P/E ratio to compare companies within the same industry or to assess market trends over time.

Relation to Current Market Conditions:

As of now, the P/E ratios of many tech stocks have come under scrutiny due to rising interest rates and inflation concerns.Investors are increasingly cautious, as high P/E ratios may not be sustainable in a tightening monetary environment.

Recent market volatility has led to a reevaluation of growth stocks, with many analysts suggesting that a more conservative approach to valuation is warranted