Page 584 - Si Reporter

Sensex soars 936 pts, Nifty tops 16,850; HDFC Bank rises 3%, Paytm dips 12%

CLOSING BELL: Shares of One97 Communications, the parent company of digital payments major Paytm, tanked 14.5 per cent to hit a new low of Rs 662 on the BSE in Monday's intra-day trade

Jubilant FoodWorks slumps 15%, hits 52-week low as CEO Pratik Pota resigns

In the past three months, the stock has underperformed the market falling 35 per cent as against a 4.4 per cent decline on the S&P BSE Sensex.

Sensex adds 86 pts; GNFC, JK Paper surge 12% each, auto stocks slide

CLOSING BELL: Sectorally, the Nifty Pharma index was the best performing index, rising 2.5 per cent on the NSE. The Nifty Auto index, on the other hand, slipped 0.4 per cent

Sugar stock on a roll; Balrampur, Triveni, Dhampur, Dwarikesh hit new highs

Sugar stocks rallied up to 11 per cent on the BSE in Friday's intra-day trade on strong outlook and foreign institutional investors (FIIs) interest.

Paper stocks rally; JK Paper, TN Newsprint, West Coast surge up to 14%

Paper stocks rallied on expectation that reopening of offices, educational institutions and courts will lead to regularization of demand

Laurus Labs surges 6% to hit over 4-month high

Analysts remain optimistic on the company's outlook for FY23 & FY24 with new capacity addition for commercial usage for FDF and API segments, ARV business and robust growth expected in CS business.

Cipla gains 3%, hits record high; trades higher for 5th straight day

Analysts at ICICI Securities have maintained a 'buy' rating on the stock with target price of Rs 1,100 on the stock

Sarda Energy surges 6%, hits all-time high on healthy earnings outlook

For the October-December quarter (Q3FY22), Sarda Energy reported 46 per cent year-on-year (YoY) jump in its consolidated net profit at Rs 169 crore

Sensex rises 817 pts, Nifty near 16,600 as BJP set to win 4 states

CLOSING BELL: The markets, however, ended mildly off highs as European markets dropped up to 1 per cent in early deals as investors monitored the war in Ukraine and fluctuations in commodity prices

Entertainment Network soars 14%, nears 52-week high on improved earnings

Thus far in March, the stock has outperformed the market by surging 21% after CRISIL Ratings reaffirmed its ratings on the bank facilities

Finance stocks in focus; Axis Bank, Bajaj Finserv, SBI rally up to 6%

At 11:53 am; Nifty Bank, Nifty Financial Services, Nifty PSU Bank and Nifty Private Bank indices were up 4 per cent, as compared to a 2.3 per cent rise in the Nifty50 index.

Balrampur Chini gains 4%; hits record high on strong business outlook

Wiith a favourable mix of ethanol towards B-heavy/ juice (feedstock) coupled with higher sugar realisations; operating margins of sugar companies are expected to improve.

Coforge dips 6% after 10% equity changes hands on BSE

At 09:15 am; around 6.18 million equity shares representing 10.14 per cent of total equity of Coforge changed hands on the BSE, the exchange data shows.

Sensex rises for 2nd day, surges 1,223 pts; Nifty tops 16,300; RIL zooms 5%

CLOSING BELL: Ukrainian President Volodymyr Zelenskyy's reported statement that his country has cooled down on the question of a NATO membership calmed investor nerves

Bajaj Electricals dips 5% in a firm market on growth concerns

Demand in the consumer product segment slowed down in Q3FY22, largely due to weaker demand in rural markets

These two beaten-down Tata Group stocks freeze at 5% upper circuit

Nelco was locked in the upper circuit at Rs 637.10 and Tejas Networks was frozen at Rs 384.90 on the BSE.

Sun Pharma rallies 8% in 2 days on heavy volumes; stock nears 52-week high

Sun Pharma announced that its subsidiary Taro Pharmaceuticals USA Inc has completed the acquisition of subsidiary companies of Galderma

This UP-based sugar stock has zoomed 41% in 8 days; trades at record high

Dwarikesh Sugar hit a new high of Rs 113.70, on rallying 9% on Wednesday. The stock has surged 25% in the last one week, as compared to a 3% decline on the S&P BSE Sensex.

IndiGo, SpiceJet fly high up to 8% as govt lifts ban on overseas flights

The move is expected to boost international capacity and will help soften airfares, which have been soaring due to increased demand and rise in crude oil prices.

Ashok Leyland tanks 22% in 1 week on margin concerns; hits 15-month low

The company's raw material costs in Q3 rose to 77.9 per cent of sales, up 120 bps quarter-on-quarter