Page 459 - Si Reporter

Sensex soars 385 pts, ends atop 66K; Nifty reclaims 19,700; L&T, banks lead

CLOSING BELL ON SEPTEMBER 07, 2023: The S&P BSE benchmark index has now gained 1,434 points, and the Nifty 473 points in the last five straight trading sessions.

Stocks to Watch: Reliance, Tata Consumer, Biocon, TCS, REC,Som Distilleries

Stocks to Watch on September 7, 2023: Tata Consumer Products has refuted reports that said it is in talks to acquire a majority 51 per cent stake in Haldiram's

HDFC Bank, ITC lift Sensex 100 pts on late buying; Nifty ends atop 19,600

CLOSING BELL ON SEPTEMBER 06, 2023: The Sensex gained 483 points from the day's low, with HDFC Bank, ITC and Bharti Airtel contributing 217 points to the BSE benchmark on Wednesday.

Paper stocks on a roll; Andhra, West Coast, TNPL, JK Paper rally up to 15%

A strong and robust domestic demand, coupled with strategic exports of both paper and converted paper products, augers well for the Indian paper industry

SpiceJet zooms 19% after nearly 3% equity change hands on the BSE

The stock has rallied 27% in two days after the board allotted equity shares and warrants to the promoter group company, and allotted equity shares to aircraft lessors on preferential basis.

Rice miller stocks in focus; KRBL, LT Foods soar 6% on positive biz outlook

The impact of El Nino on Basmati production is minimal due to the irrigation methods employed, utilizing both canal and groundwater sources

LIC surges 4% on heavy volumes; stock hits over seven-month high

The stock of state-owned life insurer quoted at its highest level since January 27, 2023 and has recovered 30 per cent from its 52-week low of Rs 530.20 touched on March 29.

Stocks to Watch: Zee Entertainment, Jio Financial, NBCC, Vedanta, PowerGrid

Stocks to watch on September 6, 2023: Private lender IDBI Bank has filed an appeal against the NCLT order approving the merger of Zee Entertainment Enterprise Ltd (ZEEL) with Culver Max Entertainment

Third straight gain for Sensex; Nifty nears 19,600 led by Pharma, FMCG stks

CLOSING BELL ON SEPTEMBER 05, 2023: The broader market continued to outperform - BSE MidCap index soared over a per cent while the SmallCap added 0.6 per cent on Tuesday.

These two PSU stocks have zoomed 50% in last three days on heavy volumes

Shares of Indian Railway Finance Corporation (IRFC) and MMTC surged by up to 20 per cent on the BSE in Tuesday's intra-day trade on the back of heavy volumes

Cyient surges 140% so far in CY23; Cyient DLM zooms 179% over issue price

Shares of Cyient and its subsidiary Cyient DLM hit their respective all-time highs on Tuesday as they rallied up to 19 per cent on the BSE in the intraday trade

Raymond surges 10%, hits record high on healthy business outlook

Brokerage firm Motilal Oswal Financial Services has initiated coverage on the stock with a 'BUY' rating and a target price of Rs 2,600 per share

IDBI Bank surges 16% in 2 days as govt invites bids to appoint asset valuer

The government along with the Life Insurance Corporation of India (LIC) is selling nearly 61 per cent stake in IDBI Bank and has received multiple Expressions of Interest (EoI) for the same

Vishnu Prakash makes strong debut; lists 67% higher over its issue price

The stock listed at Rs 165, a 67% premium over its issue price of Rs 99 per share on the NSE

Stocks to Watch: Vishnu Prakash, Hero Moto, Cipla, Escorts, Oil, IEX, M&M

Stocks to watch on September 5, 2023: Vishnu Prakash R Punglia will debut on the bourses today. The issue price is Rs 99 and the stock may list with up to 60 per cent premium

Sensex ends 241 pts higher, Nifty reclaims 19,500; IT, Metal stocks shine

CLOSING BELL ON SEPTEMBER 04, 2023: In the broader market, the BSE MidCap and the SmallCap indices gained close to a per cent each on Monday.

BSE ups share buyback price, fixes record date; stock soars 28% in 4 days

BSE announced increase in the buyback offer price from Rs 816 per equity share to Rs 1080 per share.

Nazara Tech zooms 12% on plan to raise Rs 100 cr from Nikhil Kamath's firms

The company said it is proposing to issue 1.4 million equity shares at a price of Rs 714 per equity share aggregating to Rs 100 crore proportionately to M/s Kamath Associates & M/s NKSquared.

GMR Power zooms 20% as Group wins contract worth of Rs 5,123 cr in UP

The company said the total contract value for Prayagraj & Mirzapur Zone is about Rs 2,386.72 crore and for Varanasi & Azamgarh Zone is about Rs 2,736.65 crore.

Stocks to Watch: IDBI Bank, Paytm, Hero Moto, Eicher, BEL, ICICI Bank, RVNL

Stocks to watch on September 4, 2023: The government has invited bids to appoint an asset valuer for its stake sale in IDBI Bank