Page 417 - Si Reporter

Stock Market Highlights, June 5: Sensex soars 2,303 pts, Nifty tops 22,600 on Modi 3.0 hopes

Stock Market Highlights on June 5, 2024: The broader markets outperformed the benchmarks with the BSE MidCap, and SmallCap indices rising 4 per cent and 2.9 per cent, respectively

Tata Motors shares soar 3% on strong May JLR UK sales; up 28% in 6 months

Tata Motors' May JLR UK sales zoomed 29 per cent on a year-on-year (Y-o-Y) basis to 6,093 units, as opposed to 4,732 units in May last year

Railway stocks rebound up to 22% on hopes of BJP leading NDA coalition

Railway stocks had corrected sharply on Tuesday after the results of 2024 Lok Sabha elections showed that the BJP had failed to cross the halfway mark of 272-seats

KEC International share price rallies 7% on Rs 1,000-crore order win

The surge came on the back of an order win worth Rs 1,002 crore

GPT Infraprojects rises 5% on securing order worth Rs 547 cr from RVNL

The surge came after the company secured an order worth Rs 547 crore from Rail Vikas Nigam Limited (RVNL)

BSE FMCG index surges 5%, hits record high; Emami, HUL, Dabur jump over 7%

Analysts expect some populist measures to address rural stress and lift sentiments at the margin, given the nature of the Lok Sabha polls verdict.

Hindalco slumps 6% on deferring Novelis IPO amid valuation concerns

Novelis Inc, Hindalco Industries' US subsidiary, postponed its initial public offering (IPO) for the time being due to market conditions, the company said in an exchange filing today

NLC India shares slip 5% on plans to raise $600 mn foreign currency loan

NLC India's board of directors are set to meet on June 10, 2024 to consider and approve foreign currency loan through external commercial borrowings (ECB) up to $600 Million

Stock Markets, June 4: Sensex crashes 4,390 pts, Nifty gives up 22k on sub-par BJP tally in LS polls

Stock Market Highlights on June 04: In the broader markets, the BSE MidCap, and SmallCap indices sank up to 12 per cent intraday before settling up to 8 per cent lower

India VIX up 51%, posts biggest 1-day rally in 9 yrs amid LS polls jitters

India VIX, which measures the likely volatility in the Indian markets over the next 30 days, had slumped over 22 per cent on June 3

Rahul Gandhi stocks outperform; Nestle, Pidilite up 1% in a falling market

At 11:49 am; Nestle India (Rs 2,385.45), Pidilite Industries (Rs 2,988.45) and Divi's Labs (Rs 4,343.80) were trading higher by up to 1% higher, as compared to a near 5% decline in the BSE Sensex.

LS poll impact: PSU shares in free fall mode; most stocks hit lower circuit

Government-owned shares witnessed intense selling pressure as analysts feared that the relatively poor showing of the Modi-government may impact its reforms agenda.

Mid, SmallCap indices fall up to 5% amid tough fight for BJP in LS polls

This came after investors resorted to profit booking while tracking early trends indicating a closer contest between the BJP-led NDA and INC-led INDIA Alliance, diverging from exit poll predictions

Adani group shares trade weak; Total Gas, Enterprises, Power tank up to 19%

At 09:41 am; Adani group stocks had recovered up to 13 per cent of the intra-day losses, but were still down in the range of 6 per cent to 10 per cent on Tuesday.

PSU shares slump up to 8% as investors book profit, track LS poll results

Shares of state owned companies fell on the BSE in Tuesday's early trades. The BSE CPSE index was down by 8.3 per cent at 4,025 levels.

Real Estate shares rally on Modi 3.0 boost; Nifty Realty index soars 6%

According to analysts, the BJP's manifesto mentioned affordable housing as one of the key focus areas, among others, which could keep real estate players in the pink of their health

PNC Infratech stock jumps 7% as its subsidiary settles dispute with NHAI

The stock prices zoomed after the National Highway Authority of India (NHAI)and PNC Kanpur Highways, a subsidiary of the company, agreed to settle the amount of Rs 398.60 crore

Ashoka Buildcon soars 9%, hits all-time high on order win worth Rs 2,152 cr

The surge came after the company bagged two orders worth Rs 2,150 crore from Maharashtra State Road Development Corporation Ltd (MSRDC)

Automakers stocks sprint up post May sales; M&M, Ashok Leyland zoom 6%

Shares of Mahindra and Mahindra (M&M) zoomed 5.9 per cent, hitting its 52-week high at Rs 2,654 per share on the BSE in today's intraday trade

Nifty PSU Bank index zooms 9%; SBI, Central Bank, BOB rally up to 12%

India's banking system continues to ride the good economic growth momentum, well supported by recent structural improvements in the system.