Page 586 - Si Reporter

Sensex slides 366 pts, Nifty below 16,500; auto stocks bleed; IT dazzle

CLOSING BELL: Ultratech Cement, HDFC Life, Asian Paints, Shree Cement, Eicher Motors, SBI Life, and Tata Consumer Products were the top laggards, down up to 6.5 per cent

Input cost worries! ACC, Ambuja, UltraTech slip 3%; down heavily in a month

Apart from higher coal/petcoke prices, the recent increase in crude prices/ocean freight rates may further put pressure on operating costs for the cement industry.

Sugar stocks sweeten market mood; Balrampur, Dhampur, Triveni gain up to 8%

Ethanol demand should grow at a 15 per cent CAGR over FY22-30E driven by the government's mandate of 20 per cent ethanol-blending in petrol, analysts say

Eveready falls 7% after Burman Family makes an open offer to buy 26% shares

The open offer has been priced at Rs 320 per share aggregating to a total consideration of up to Rs 605 crore.

HDFC Bank dips 5%, nears 52-week low; stock down 10% in one week

The stock has underperformed post management change, more so due to the RBI's embargo on its card/ digital initiatives and Covid-induced disruption.

Sensex gyrates 1,227pts, ends 779pts down; Maruti dips 6%, Coal India up 9%

Closing Bell: The benchmarks were bogged down by Maruti Suzuki, Dr Reddy's Labs, Bajaj Auto, Hero MotoCorp, ICICI Bank, HDFC twins, Eicher Motors, and Sun Pharma

Nuvoco Vistas surges 30% in 3 days after promoter increases stake

On February 25, 2022, Niyogi Enterprise Private Limited, one of the promoters of Nuvoco Vistas, purchased 68,222 equity shares of the company via market purchase

Vedanta climbs 4%, hits over 11-year high on soaring commodity prices

In the past one week, Vedanta has outperformed the market by gaining 12 per cent on higher commodity prices including crude oil and metals as tensions between Russia and Ukraine flared up

Adani Group to acquire minority stake in Quint Digital arm; stock zooms 20%

Meanwhile, Bloomberg Media and Quintillion Media, part of Quint Digital Media, on Tuesday announced the restructuring their partnership in India

Sensex ends 1,414 pts off low, gains 389 pts; Tata Steel rises 6%, RIL 3%

Closing Bell: Hindalco (up over 7 per cent), Tata Steel, Power Grid, JSW Steel, Coal India, BPCL, Titan Company, RIL, and Indian Oil Corporation were the biggest large-cap gainers on the bourses today

Nifty Metal index surges 3% in subdued market; Hindalco hits record high

Russia produces about 6 per cent of the world's aluminium and accounts for about 7 per cent of global nickel mine supplies

Endurance Technologies falls 6%; stock nears 52-week low on weak Q3 results

The stock of the automotive components manufacturer has fallen 20 per cent in the past one month after the company reported a weak set of December quarter (Q3FY22) numbers.

FMCG shares under pressure; Hindustan Unilever, Britannia hit 52-week lows

In the past six months, HUL and Britannia have underperformed the market by falling 20 per cent and 15 per cent, respectively, as against 1 per cent decline on the S&P BSE Sensex.

Bharti Airtel dips 3% on plans to buy 4.7% stake in Indus from Vodafone

The agreement in on the principal condition that the amount paid shall be inducted by Vodafone as fresh equity in VIL and simultaneously remitted to Indus Towers to clear VIL's outstanding dues.

Sensex snaps 7-day losing run, soars 1,329 pts; Nifty tops 16650; PSBs zoom

CLOSING BELL: Sectorally, the Nifty Realty and PSB indices logged the sharpest rebound today with 5 per cent gain each on the NSE

This Porinju Veliyath-owned smallcap stock has zoomed 55% in 5 weeks

Investor Porinju Veliyath held 145,000 shares or 1.01 per cent stake in Orient Bell at the end of December 2021 quarter

Fine Organic gains 9%, hits new high; stock zooms 83% in one year

Fine Organic Industries hit a record high of Rs 4,318.05, surging 9.5 per cent on the BSE in Friday's intra-day trade.

Ambuja Cements, Nuvoco Vistas gain up to 6% on heavy volumes; here's why

Shares of state-owned construction & engineering company NBCC (India), meanwhile, soared 13 per cent to Rs 39 on the BSE

Apollo Hospitals to enter Nifty50 index on March 31; stock surges 7%

Apollo Hospitals Enterprises will replace state-owned oil marketing company Indian Oil Corporation in the index

Britannia slips 3%, nears 52-week low on input cost pressure concerns

In the past six months, the stock has declined 12 per cent, as compared to a 0.37 per cent decline on the S&P BSE Sensex.