Page 1175 - Markets News

Sensex, Nifty end flat; broader indices up; IT shares weak, Adani rallies

Closing Bell on Friday, November 24: 8 of 10 Adani Group stocks surged as Sebi presented its findings in the Adani-Hindenburg case

Defence shares in focus; HAL hits new high, BDL, Mazagon Dock gain up to 4%

According to reports India is set to give preliminary approval to three mega indigenous projects worth Rs 1.4 trillion.

Himatsingka Seide soars 8% to hit fresh 52-week high on stable outlook

HSL's operating margin will stabilize at 18-22 per cent this fiscal year, compared to 12.8 per cent in fiscal 2023, aided by better capacity utilisation and easing of cotton prices, said CRISIL

State-owned insurers rally up to 11%; GIC Re, New India hit 52-week highs

In an exchange filing on Thursday, GIC Re said that the global rating agency AM Best has revised the credit rating outlooks of GIC Re to positive from stable

Stock of this B K Birla group company has zoomed 75% in four weeks

Kesoram Industries hit a 52-week high of Rs 129.43, gaining 5 per cent, on report that UltraTech Cement has expressed interest in acquiring cement assets of the company

Market share gains, margins and store network expansion to support Titan

The company delivered a better than expected performance in Q2FY24 on the back of healthy revenue growth and expansion in operating profit margins

Stocks to Watch: TCS, JSW Steel, NMDC, PFC, ONGC, HPCL, LTIMindtree, Apar

Stocks to Watch on November 24, 2023: TCS will turn ex-buyback today; govt plans to ask ONGC to consider launching a rights issue to help fund green projects at refining arm Hindustan Petroleum Corp

F&O Strategy: Bull Spread on Nifty for November expiry

Nandish Shah of HDFC Securities recommends to Buy Nifty 19900 CALL and simultaneously sell 20000 CALL of the November series.

Nifty FMCG, Energy indices offer divergent trading opportunities; check why

According to Ravi Nathani, an independent technical analyst, the Nifty FMCG index looks bullish on chart and presents a buying opportunity on dips for potential upward movement.

BSE, CDSL, KFin Tech: Rally in exchange-related stks may halt, say analysts

BSE, CAMS, CDSL, KFin Tech: With market buoyancy to keep up the pace, the long-term view remains robust, but there is likely not much upside in the medium-term after the recent gains, analysts said

Honasa Consumer shares soar 20% after strong performance in Q2

Shares of the company last closed at Rs 424

Smaller Indian companies propel mcap towards $4 trillion milestone

'The go-to market': India's strong earnings, macroeconomic stability, and domestic flows make it a standout market, say analysts

Sensex ends flat amid lacklustre trade; Hero Moto zooms 5%, Cipla tanks 8%

Closing Bell on November 23, 2023: In the broader market shares of realty, sugar and textile companies logged strong gains. SmallCaps too outperformed on Thursday.

Sugar shares rally up to 13% on positive outlook; Balrampur hits 52-wk high

Magadh Sugar & Energy, Avadh Sugar & Energy, Uttam Sugar Mills and Dalmia Bharat Sugar and Industries rallied in the range of 10 per cent to 13 per cent on the BSE in Thursday's intra-day trade.

Hero MotoCorp hits 33-mth high, soars 15% in 9 days on record festive sales

Last week the company said it recorded highest-ever festive sales, clocking more than 1.4 million units in retail sales during the 32-day festive period.

SpiceJet hits 52-week high on heavy volumes; stocks surges 27% in 3 days

The average trading volumes at the counter jumped four-fold today, with 21.24 million equity shares changing hands on the BSE till 12:23 PM.

Honasa Consumer hits new peak, zooms 20% post strong Q2 earnings

The stock price of Honasa has zoomed 65 per cent from Rs 256.10 touched on November 10, in intra-day trade on the BSE.

Man Infraconstruction zooms 12% on plans to raise funds; up 162% since Apr

The company said its board will meet on November 29 to consider the proposal for raising of funds by way of issue of one or more of instruments comprising of equity shares, etc.

Indian stock market set to hit new highs in 2024 as economy hums: Poll

The benchmark BSE Sensex index touched an all-time high of 67,927.23 in September, recording the longest streak of gains in 16 years

Nifty Metal, Nifty Pharma: 'Sell on rise' as charts suggest likely pullback

Technical indicators such as RSI and Stochastic are currently situated in the overbought zone for the Nifty Pharma index, said Ravi Nathani