Page 439 - Si Reporter

Sensex gyrates 1,175 pts intraday, ends 535 pts higher; Nifty tops 22,200

Stock market highlights on Thursday, February 22, 2024: The Nifty50 index hit a record high of 22,252.5 in late deals

Grauer & Weil hits new high on bonus issue plan; zooms 50% thus far in CY24

The board of directors of the company is scheduled to meet on Monday, February 26, 2024, to consider Issue of bonus shares to the shareholders of the company.

Grasim gains 2%, hits record high on paint biz launch; Asian Paints dips 2%

The company will launch Birla Opus Paints Business and inaugurate three Birla Opus Paints plants at Haryana, Punjab and Tamil Nadu today on February 22, 2024.

Sensex sinks 434 pts in fag-end, Nifty holds 22,050; ZEE tanks 14%

Stock market highlights on February 21, 2024: In the broader markets, the BSE MidCap index fell 1.27 per cent, while the BSE SmallCap index declined 0.84 per cent

NTPC, Power Grid sink 3% on profit taking after rallying up to 21% in 1 mth

The BSE power index, meanwhile, closed calendar year 2023 with gains of 34 per cent with NTPC and Power Grid surging 87 per cent and 48 per cent, respectively, for the year

Medplus slips 2% after board defers expansion plan of diagnostics division

The company's board on Wednesday decided to defer the expansion plans for Diagnostics Division beyond Hyderabad, until the profitability of the pilot project was established.

Sterlite Tech soars 9% on entering into strategic partnership with Lumos

Sterlite Technologies said that it has been strategically engaged in co-creating fiber and optical connectivity solutions suited for Lumos

ABB India rallies 9% as order book rises 35% in Dec qtr, PAT jumps 13%

In the fourth quarter, total orders rose up by 35 per cent to Rs 3,147 crore

UBI shares surge 7%, approach 52-week high as bank launches Rs 3,000-cr QIP

A meeting of the Committee of Directors for Raising Capital Funds is scheduled to be held on February 23, 2024 to consider and approve the issue price for the QIP

Hindalco Ind gains 5% on report of Novelis Inc's likely IPO in US

On successful completion of its IPO, Novelis will be among the few subsidiaries of Indian companies to be listed separately on foreign bourses

Zee Entertainment sinks 14% amid report of Rs 2,000-cr fund diversion

Bloomberg reported that market regulator Securities and Exchange Board of India (Sebi) has found a hole of more than $240 million in the accounts of ZEE

Sensex ends wild session 349 pts up, Nifty at record closing high of 22,197

Stock market highlights on February 20, 2024: The Nifty50 index hit record high of 22,216 in intraday trade

Zee Entertainment soars 12% on reports of fresh merger discussion with Sony

ZEEL and Sony Group are in discussions that may save the $10 billion merger that the Japanese conglomerate had called off on January 22

Nifty IT slides for second day with 1% fall: What's weighing on IT stocks?

The latest inflation data in the US for January, which showed a surprise increase, has kept domestic IT stocks listless from last week

Bank stocks outperform markets on Tuesday; HDFC Bank rises 2%; here's why

Shares of HDFC Bank gained 2 per cent to Rs 1,447.5 apiece in the intraday trade after global brokerage Citi gave a 'buy' rating

Coal India dips 8% in 2 days as mgmt flags drop in e-auction premium in Q4

The stock had hit a record high of Rs 487.75 on Friday, February 16 and has rallied 75 per cent in the past five months

Whirlpool dips 4%, nears 52-wk low as promoter likely sells 24% stake in co

At 09:15 am; as many as 30.82 million equity shares, representing 24.33 per cent of total equity of Whirlpool of India, changed hands on the BSE, exchange data shows

Vibhor Steel Tubes makes solid debut; zooms 196% over issue price

Vibhor Steel Tubes made a solid stock market debut on Tuesday as its shares got listed at Rs 425, a stellar 181 per cent premium over its issue price of Rs 151 per share on the National Stock Exchange

Jindal Saw surges 5% after nearly 1% equity changes hands via block deal

Around 2.35 million equity shares, representing 0.74 per cent of total equity of Jindal Saw, changed hands on the NSE, exchange data shows

Novartis soars 11%; board to support parent firm explore strategic options

According to reports, Dr Reddy's Laboratories is likely in a race to acquire Novartis AG's stake in Novartis India.