Page 423 - Si Reporter

Sensex, Nifty end flat post range-bound day; Smallcaps shine; banks weigh

Stock market highlights on March 7, 2024: Among top large-cap gainers, Tata Steel, JSW Steel, Bajaj Finserv, Tata Motors, Bajaj Finance, ITC, Asian Paints, Neslte India, and TCS gained over 1%

Sensex ends atop 74,000, Nifty 22,450 for 1st time; Smallcap index down 2%

Stock market highlights on March 6, 2024: The BSE benchmark hit a record high of 74,151, while the Nifty50 claimed 22,497 intraday

Dollar Industries spurts 10%, hits 52-week high on heavy volumes

Average trading volume on the counter jumped over 10-fold today with a combined 1.08 million equity shares, representing 1.9% of total equity of Dollar Industries, changing hands on the NSE and BSE

Motherson tanks 6% as promoter sells 4.4% stake; to dilute holding further

SWS said it intends to further dilute its remaining stake in Motherson over a medium to long term duration as the latter's diversified business lines are not its core areas of focus and expertise

Indiabulls Real Estate dips 13% on MIDC order to vacate land in Nashik

The realty firm believes that the said order to be unlawful and was evaluating legal options to defend itself, including filing of an appeal in Court.

Gold hits new high; Jewellery related shares dip up to 5% on demand worries

Gold futures scaled a new high of $2,150 per ounce in international markets on hopes of Fed rate cut; but domestic demand a concern for jewellers back home.

Tata Chem soars 15% in 5 days, nears 52-wk high as Fitch revises outlook

Fitch Ratings has revised the outlook on TCL's long-term foreign-currency Issuer default rating (IDR) to 'Stable' from 'Positive'

Mahanagar Gas slumps 16% as Citi downgrades stock to 'sell'

The brokerage believes city gas distribution companies, such as MGL, stand vulnerable to regulatory changes, wherein the government would want consumers to benefit from sectoral reforms

JM Financial tanks 19% as RBI bars it from lending against shares, bonds

RBI barred JMFPL from financing of share of shares or debentures owing to violations and lapses

Will JM Financial shares go the IIFL Finance way on Wednesday?

The Reserve Bank of India (RBI) has barred JM Financial Products Ltd (JMFPL) from giving loans against shares and debentures

Will Zomato see block deals today, March 6? Check here

China's Ant Group's arm Antfin Singapore Holdings Pte is likely to sell up to 2 per cent stake (176.4 million shares) in Zomato

Here's why you should keep BHEL shares on radar today, March 6

Shares of BHEL have rallied nearly 15 per cent in two days amid reports that the company is likely to get an order worth Rs 17,000 crore to construct a thermal plant

Bajaj twins, IT shares drag Sensex 195 pts, Nifty near 22,350; TaMo up 3.6%

Stock market highlights on March 5, 2024: Tata Motors advanced 3.58 per cent, Bharti Airtel added 3 per cent, and SBI 1.6 per cent

SpiceJet jumps 4% on reaching settlement deal with Cross Ocean Partners

SpiceJet in an exchange filing on Tuesday said, the airline reached settlement terms with aircraft leasing firm, Cross Ocean Partners, resolving a dispute worth Rs 93 crore.

Platinum Industries lists at 33% premium over issue price in strong debut

Post listing, Platinum Industries hit a high of Rs 237 and a low of Rs 219 in intra-day trade. At 10:14 am; it was trading at Rs 221.20, about 29 per cent higher over its issue price.

Exicom Tele-Systems makes robust debut; lists 86% higher over issue price

Exicom's IPO was subscribed 133.56 times, with non-institutional investors (NII) leading from the front as they bid 159.29 times their allotted quota

IIFL Finance slumps 20% post RBI ban on sanctioning, disbursing gold loans

he RBI observed deviations in assaying and certifying purity and net weight of the gold at the time of sanctioning loans and at the time of auction upon default

Here's why IIFL Finance investors may have terrible Tuesday

The RBI found breaches in the loan-to-value ratio, significant disbursements and collections of loan amount in cash

Here's why you should keep an eye on Tata Motors shares on Tuesday, March 5

The board of Tata Motors Ltd (TML), after market hours on Monday, gave approval to a proposal to demerge the automobile maker into two separate listed companies

Own BEML, BEL in your portfolio? Check why they will be in focus today

On Monday, the MoD signed a tripartite MoU with BEML, Bharat Electronics, and Mishra Dhatu Nigam for indigenous development of Advanced Fuelling and Control System for Engines