Page 495 - Si Reporter

IT drags benchmarks lower for 3rd day; Sensex dips 159pts, Nifty near 17600

CLOSING BELL: Infosys, TCS and HCL Technologies, down 1.3 - 2.4 per cent, collectively accounted for a loss of 156 points on the BSE Sensex.

BEML Land Assets freezes at 5% lower circuit post stock market debut

BEML had incorporated as a wholly owned subsidiary (WOS), namely BEML Land Assets, on July 15, 2021

Metal shares gain in subdued market; Jindal Steel, Tata Steel soar up to 4%

Thus far in the month of April, Jindal Steel has rallied 8 per cent, as against 1.6 per cent rise in the Nifty 50 and 5.7 per cent gain in the Nifty Metal index.

Sensex dips 184 pts as RIL, HDFC twins weigh; Avalon Tech tanks 9% on debut

CLOSING BELL: The broader markets outperformed; Midcap and SmaIlcap indices were up 0.5 per cent and 0.2 per cent, respectively.

Stock of this auto ancillary company has zoomed 40% in two days

Shares of Precision Camshafts (PCL) rallied 16 per cent to hit a 52-week high of Rs 149 on the BSE in Tuesday's intra-day trade on heavy volumes

Nifty Realty up 13% so far in April; Godrej, DLF, Oberoi zoom up to 27%

With a decline in interest rate, sustained affordability and gradual price hikes, the analysts expect industry growth to be back on track.

Indian Bank hits over 4-year high on FII buying; stock jumps 12% in 2 days

The average trading volumes on the counter jumped nearly three-fold, as around 3.2 million shares changed hands on the NSE and BSE till 11:09 am

Tata Chemicals declines 7% after company slashes soda ash prices

Analysts at Kotak Institutional Equities see this as an incremental negative for soda ash prices, though uncertainties remain around demand and supply and will need to be monitored

Avalon Technologies lists on a subdued note; dips 5% from issue price

The stock dipped to a low of Rs 411 on the NSE, down 5.5 per cent when compared with the issue price of Rs 436 per share.

Tata Motors hits 8-month high on strong Q4 hopes; stock up 20% in 3 weeks

The stock of Tata group passenger cars & utility vehicles maker quoted at its highest level since August 19, 2022

Sensex snaps 9-day rally, sinks 520 pts; Infy cracks 9%; banks limit losses

CLOSING BELL: The BSE IT index plunged 4.7 per cent, while the FMCG and Bankex gained 1 per cent and 0.3 per cent, respectively. Midcap and SmaIlcap indices too outperformed in trades on Monday.

PSU banks rally; Punjab & Sind, Uco Bank, Indian Bank surge up to 12%

At 02:23 pm, Nifty PSU Bank index, the top gainer among sectoral indices, was up 2.5 per cent

Zee Entertainment falls 3% as nearly 6% equity change hands via block deals

At 9:15 am; around 54.77 million equity shares, which represented 5.7 per cent of total equity of ZEEL changed hands on the BSE

Nestle surges 4%, nears 52-wk high ahead of record date for dividend payout

The company has fixed Friday, April 21 as the record date for a dividend of Rs 102 per share, which includes final dividend of Rs 75 per share for 2022 and interim dividend of Rs 27 per share for 2023

Nifty IT index plunges 8% after TCS, Infosys post subdued Q4FY23 results

At 09:47 am; Nifty IT index, the worst performer, down 6 per cent, as compared to 1 per cent decline in the Nifty50 index

IDBI Bank gains 10% as report says RBI has begun bid evaluation process

According to Reuters, the RBI is evaluating at least five potential bidders interested in picking up a majority stake in state-owned IDBI Bank Ltd

Surya Roshni hits 52-week high on healthy outlook; zooms 53% so far in 2023

Thus far in CY23, the stock has outperformed the market on the expectation of a sustained healthy performance ahead, supported by a steady volume growth

RBI okays re-appointment of Sanjay Agarwal as AU SFB's MD; stock surges 16%

The RBI approval removes a key overhang and will now shift the focus to the fundamental performance of the bank

Anand Rathi Wealth soars 6%, hits record high on strong Q4 result

Given the increase in incomes and savings, the management believes there is significant untapped market for the wealth management sector

DLF rallies 19% in 9 days, nears 52-week high on hopes of healthy sales

Analysts anticipate residential sales momentum will remain healthy amid sustained demand and new launch offtake, despite rate hikes.