Page 1091 - Markets News

Sensex gains 191 pts, Nifty nears 22,100; realty, auto shine, IT drops

Stock market highlights on March 22: In the broader markets, too, positive sentiment lifted the BSE MidCap index 0.38 per cent and the BSE SmallCap index 1.06 per cent

DMart hits new 52-wk high, up 7% in 3 days after CLSA initiates buy rating

The brokerage believes investor concerns around competition from quick commerce and vertical-based players are valid but still factored in the stock price

Promoter buying lifts this cement stock to 52-week high; do you own it?

Shares of Star Cement advanced 5.3 per cent to its fresh 52-week high on the BSE in Friday's intraday trade. Since February 12, various promoter entities have been acquiring stake via open market

JSW Holdings surges 10% on bulk deal of 59k shares worth Rs 6,253 cr

The share price of JSW Holdings, the investment arm of JSW Group saw a sharp jump of 10.2 per cent at Rs 6,876 in Friday's intraday trade after the company sold its shares through a bulk deal on Thurs

Newly listed automation stk at 10% upper circuit; up 110% over issue price

The company had a strong order book position of Rs 3,242 crore at the end of December quarter (Q3FY24)

Skipper jumps 22% in two days as promoter entity Ventex ups stake to 5.02%

The rally comes after Skipper promoter group entity Ventex Trade Private Ltd raised its stake in the company from 4.86 per cent to 5.02 per cent over March 19-20

Shares of Prestige zoom 5% on new land purchase worth Rs 468 cr

Share of realty estate group Prestige soared 5 per cent on Friday's intraday trade. The company's shares jumped 5.41 per cent on National Stock Exchange as against 0.05 per cent dip in Nifty50

Hi-Tech Gears hits new high; surges 26% in 2 days on healthy outlook

In the past six weeks, the stock of Hi-Tech Gears has soared 56 per cent; while, thus far in the financial year 2024, it has zoomed 159 per cent

Amber rallies 6% on inking JV pact with Resojet to make washing machines

The JV is being set up to manufacture fully automatic top and front load washing machines; Amber will invest Rs 35 crore in Resojet to acquire 50% in the JV

Sarda Energy zooms 14% as JV bags Composite Licence for iron ore block

Natural Resources Energy Pvt. Ltd. - a subsidiary Joint Venture company (NREPL), has been awarded the Letter of Intent for Composite Licence for iron ore block in Maharashtra

Stock market outlook: What's working in favour of the bulls and bears?

Here are three key factors that are working in favour of the bulls and bears and could dictate the market trend going ahead as per the technical charts.

Stocks to Watch on Mar 22: Bharat Dynamics, IT stocks, Prestige, L&T, PCBL

Stocks to Watch on March 22, 2024: Bharat Dynamics' board has approved an Interim Dividend of Rs 8.85 and a stock split of one share into two shares

Derivative Strategy on Cummins for March expiry as stock nears fresh high

Primary trend of the stock has been bullish with higher tops and higher bottoms on the weekly chart

Trend bearish in Nifty FMCG; Metal close to resistance level: How to trade?

The Nifty Metal index is now positioned very close to its resistance levels, which are located at 8,110 and 8,250

Bond yields drop as US Federal Reserve sticks with three-rate-cut signal

The yield on the benchmark 10-year government bond fell by four basis points to settle at 7.05 per cent on Thursday, against 7.09 per cent on Wednesday

Our small, midcap portfolios haven't participated in the rally: Marcellus

Given the macroeconomic strengths, the market is pricing in a reasonable earnings growth and hence justifying current valuations, Pramod Gubbi of Marcellus Investment Managers said in this interview

Sebi directs mutual funds to stop inflows into ETF-based overseas schemes

Sebi and some of the MFs have made representations to the Reserve Bank of India (RBI) seeking new limits but the central bank is yet to take a call

IPO activity to see spillover effect from mid, smallcap weakness: Analysts

Overall, so far in calendar year 2024 (as of March 19), 10 of 21 new listings have been subdued despite decent subscription levels, shows data from PRIME Database

T+0 settlement beta version from next week, Sebi issues guidelines

The new framework will come into force from March 28

US Fed decision powers 540-pt rally in Sensex; broader indices jump over 2%

Stock market highlights on March 21: In the broader markets, the rebound was steeper with the BSE MidCap and SmallCap indices closing 2.3 per cent and 2 per cent higher, respectively