Page 78 - Latest Updates on Stock Market
RVNL zooms 6% on MoU with Airport Authority of India worth Rs 294 cr
Shares of Railway Vikas Nigam, the construction arm of Indian Railways zoomed 6 per cent on BSE in Tuesday's intraday trade against a 0.36 per cent dip in BSE Sensex
 "RVNL zooms 6% on MoU with Airport Authority of India worth Rs 294 cr")
Trust Fintech SME IPO opens today: Check GMP, anchor issue & other details
Trust Fintech has raised Rs 18.05 crore from allocating nearly 1.8 million shares at Rs 101 to anchor investors ahead of the IPO
 "Trust Fintech SME IPO opens today: Check GMP, anchor issue & other details")
Nifty50, Nifty Financial, PSB indices: Check key levels for trading action
If Nifty closes above 22,225, the next resistance levels on the charts would likely be around 22,350 and 22,575
 "Nifty50, Nifty Financial, PSB indices: Check key levels for trading action")
Wall Street declines ahead of US data; dollar faces heat from yen, yuan
Wall Street's main indices kicked off the week on a lower note. Market participants are hoping that Friday's US prices data will back investor bets for a June interest rate cut by the Federal Reserve
 "Wall Street declines ahead of US data; dollar faces heat from yen, yuan")
Donald Trump's social media company to be traded on Nasdaq from March 26
Shareholders of Digital World Acquisition Corp., a publicly traded shell company, approved a deal to merge with the Trump's media business in a Friday vote
 "Donald Trump's social media company to be traded on Nasdaq from March 26")
Stock markets closed today: BSE, NSE to remain closed today on Holi
Stock mkt closed: India will embark on Holi celebrations today. In view of the occasion, a public holiday has been declared and prominent institutions, including the markets will remain closed
 "Stock markets closed today: BSE, NSE to remain closed today on Holi")
5 reasons why the fall in mid, smallcaps in 2024 is not similar to 2018
The market correction in 2018, analysts believe, was led by several risk events coming together in the same year, which triggered the market bear phase
 "5 reasons why the fall in mid, smallcaps in 2024 is not similar to 2018")
Indian stock markets to remain closed for 2 days next week: Here's why
Stock markets will remain closed on upcoming Monday and Friday, taking the total holidays to three in March, which is the highest for any month in 2024
 "Indian stock markets to remain closed for 2 days next week: Here's why")
Sensex gains 191 pts, Nifty nears 22,100; realty, auto shine, IT drops
Stock market highlights on March 22: In the broader markets, too, positive sentiment lifted the BSE MidCap index 0.38 per cent and the BSE SmallCap index 1.06 per cent
 "Sensex gains 191 pts, Nifty nears 22,100; realty, auto shine, IT drops")
DMart hits new 52-wk high, up 7% in 3 days after CLSA initiates buy rating
The brokerage believes investor concerns around competition from quick commerce and vertical-based players are valid but still factored in the stock price
 "DMart hits new 52-wk high, up 7% in 3 days after CLSA initiates buy rating")
Newly listed automation stk at 10% upper circuit; up 110% over issue price
The company had a strong order book position of Rs 3,242 crore at the end of December quarter (Q3FY24)
 "Newly listed automation stk at 10% upper circuit; up 110% over issue price")
Skipper jumps 22% in two days as promoter entity Ventex ups stake to 5.02%
The rally comes after Skipper promoter group entity Ventex Trade Private Ltd raised its stake in the company from 4.86 per cent to 5.02 per cent over March 19-20
 "Skipper jumps 22% in two days as promoter entity Ventex ups stake to 5.02%")
Hi-Tech Gears hits new high; surges 26% in 2 days on healthy outlook
In the past six weeks, the stock of Hi-Tech Gears has soared 56 per cent; while, thus far in the financial year 2024, it has zoomed 159 per cent
 "Hi-Tech Gears hits new high; surges 26% in 2 days on healthy outlook")
Amber rallies 6% on inking JV pact with Resojet to make washing machines
The JV is being set up to manufacture fully automatic top and front load washing machines; Amber will invest Rs 35 crore in Resojet to acquire 50% in the JV
 "Amber rallies 6% on inking JV pact with Resojet to make washing machines")
Bulls charge on D-Street as Fed signals three rate cuts; Sensex up 539 pts
The Nifty finished at 22,012, with a gain of 173 points, or 0.8 per cent
 "Bulls charge on D-Street as Fed signals three rate cuts; Sensex up 539 pts")
IPO activity to see spillover effect from mid, smallcap weakness: Analysts
Overall, so far in calendar year 2024 (as of March 19), 10 of 21 new listings have been subdued despite decent subscription levels, shows data from PRIME Database
 "IPO activity to see spillover effect from mid, smallcap weakness: Analysts")
US Fed decision powers 540-pt rally in Sensex; broader indices jump over 2%
Stock market highlights on March 21: In the broader markets, the rebound was steeper with the BSE MidCap and SmallCap indices closing 2.3 per cent and 2 per cent higher, respectively
 "US Fed decision powers 540-pt rally in Sensex; broader indices jump over 2%")
Rico Auto hits record high on heavy volumes; stock rallies 61% in a month
Rico Auto was trading 6 per cent higher at Rs 143.75, as against 0.5 per cent rise in the benchmark index
 "Rico Auto hits record high on heavy volumes; stock rallies 61% in a month")
Shares of NTPC surge nearly 4% on NCD issue worth Rs 1500 cr
The recent hike in the stock price comes on the back of issuance of non-convertible debentures worth Rs 1,500 crore on Wednesday
 "Shares of NTPC surge nearly 4% on NCD issue worth Rs 1500 cr")
PSU Banks soar: PNB, Indian Bank, Central Bank, PSB, BOI zoom up to 4%
The Nifty PSU Bank index rose sharply at 2.66 per cent against 1.01 per cent rise in the Nifty50 benchmark index. A total of 1,86,178 shares worth 12.61 crores changed hands intraday
 "PSU Banks soar: PNB, Indian Bank, Central Bank, PSB, BOI zoom up to 4%")