The N…
Read moreGIFT Nifty indicated that Indian equity indices BSE Sensex and NSE Nifty 50 may see a positive opening on Friday. Here’s a look at the key stocks to watch in trade.
Stocks in Focus: GIFT Nifty traded higher as the index was up 179 points or 0.74% at 24,324 indicating a higher start for domestic indices NSE Nifty 50 and BSE Sensex on Friday. Both the exchanges were not doing business yesterday, August 15, on account of Independence Day. Previously, on Thursday, the NSE Nifty 50 closed the session 4.75 points or 0.02% higher to settle at 24,143, while the BSE Sensex rose 150 points or 0.19% to close at 79,106.
Stocks to watch on August 16, 2024
Hindustan Zinc
Hindustan Zinc, a Vedanta group company, is…
Read moreStocks in Focus: GIFT Nifty traded flat at 20,105 down merely 0.08%, indicating a tepid opening for domestic indices NSE Nifty 50 and BSE Sensex on Thursday. Previously, on Wednesday, the NSE Nifty 50 soared 206.90 points or 1.04% to settle at 20,096.60, while the BSE Sensex jumped 727.70 points or 1.10% to 66,901.91.
“Investors placed strong bullish bets one day before the monthly F&O expiry, as funds have started flowing back into the secondary market after the recent IPO rush. There are hopes that interest rates may not firm up further in the US, and along with India’s strong economic data points, things could look better for markets in the medium term. However, exit poll results of five states on Friday could trigger a knee-jerk reactio…
Read moreThe initial public offering of Honasa Consumer, parent company of beauty and personal care brand Mamaearth, was subscribed 0.13 times, or 13%, on the first day of subscription.
The demand for the Rs1,701 crore-IPO was led by the portion reserved for employees, which was subscribed 1.98 times, followed by demand from retail individual investors, subscribing 0.34 times, or 34%. The portion of qualified institutional buyers was subscribed 0.10 times, or 10%, and that of non-institutional investors was subscribed 0.03 times, or 3%.
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The company, on Monday, had raised Rs 765.2 crore from anchor investors by allocating 23.6 million equity shares. Institut…
Read moreSun Pharmaceuticals’ stock price advanced 1.15% to Rs 1,129, a day after the company reported the profit of second quarter of FY24 at Rs 2375.51 crore, up 5% in comparison to Rs 2,262.22 crore during the second quarter of FY23, beating estimates. It posted revenue from operations at Rs 12,192.41 crore, up 11.3% as against Rs 10,952.28 crore during the quarter ended September 2022. The company’s EBITDA stood at Rs 3179 crore during the quarter and EBITDA margin for Q2 was at 26.1% vs 27% for Q2 last year.
The share price of Sun Pharmaceuticals gained 1.48% in the last five days, while it dropped 1.13% in the last one month. It has, however, delivered positive returns of 16% in the last six months and 13.25% year to date.
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Stocks to watch… Read more
Share Market News Today | Sensex, Nifty, Share Prices Highlights: The benchmark domestic indices ended Tuesday’s trading session in the positive territory. The NSE Nifty 50 gained 0.40% to settle at 19,811.50, while BSE Sensex added 261.16 or 0.39% to 66,428.09. Smallcap and Midcap stocks led the gains among the broader indices. The Bank Nifty index added 183.60 points or 0.42% to settle at 44,409.50. Financial Services, Oil & Gas, and PSU Bank stocks led the gains among the sectoral indices, while Consumer Durables slipped marginally 0.02%. BPCL, Power Grid Corporation, Coal India, SBI Life Insurance Company and HDFC Life Insurance Company were the top gainers on the NSE, while the laggards included Tata motors, Larsen & Toubro, UPL, IndusInd Bank …
Read moreShare Market News Today | Sensex, Nifty, Share Prices Highlights: The benchmark equity indices closed in the positive territory. The NSE Nifty 50 closed 202.90 points or 0.93% higher to settle at 22,097.45, while the BSE Sensex gained 759.49 points or 1.05% to 73,327.94. The broader indices closed in the green, with gains led by largecap and midcap stocks. Bank Nifty index closed higher by 448.50 points or 0.94% to settle at 48,158.30.
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15:30 (IST) 15 Jan 2024
Markets at close
The benchmark equity indices are trading flat during intraday trading on Thursday. The NSE Nifty 50 is up marginally 0.02% at 19,806.70, while the BSE Sensex is trading at 66,443.17, up 0.04 points. The broader indices are trading largely in the green. Bank Nifty is up 84.60 points or 0.19% at 44,601.50. Among the other sectoral indices, Media is leading the gains and has added over 3%, while Auto and Metal have also joined the rally. Meanwhile, IT and Realty stocks are trading in the red.
Gujarat Mineral Development Corpn, Infosys, TCS, Reliance Industries and HDFC Bank are among the most active stocks on the NSE.
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Stocks at 52-Week Highs
Bosch, Th…
Read moreGIFT Nifty indicated that Indian equity indices BSE Sensex and NSE Nifty 50 may see a gap down opening on Wednesday. Here’s a look at the key stocks to watch in trade.
Stocks in Focus: GIFT Nifty traded lower as the index was down 19.50 points or 0.08% at 24,911 indicating a negative start for domestic indices NSE Nifty 50 and BSE Sensex on Wednesday. Previously, on Tuesday, the NSE Nifty 50 closed the session 21 points or 0.09% higher to settle at 24,857, while the BSE Sensex rose 100 points or 0.12% to close at 81,455.
Stocks to watch on July 31, 2024
Tata Consumer Products
Tata Consumer Products reported a consolidated net profit of Rs 290 crore (attributable to owners) for the June quarter,…
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