Nifty FMCG: The range-bound movement of Nifty FMCG, within a defined range of 58,025 to 55,625, reflects a lack of clear directional bias for the index
Markets Today Highlights: The NSE Nifty50 settled in the green at 23,176.05, with gains of 90.10 points, or 0.39 per cent
The company's stock locked in lower circuit for the third straight day, down 5% at Rs 414.25 on the BSE and has corrected 44% from its 52-wk high level of Rs 744.37 hit on August 12, 2024
The company may also receive further amounts in subsequent years from any eligible profits and future earnouts relating to the Imaging Group, subject to a maximum of $200 million
The rally in Jindal Stainless shares followed an upgrade by Nuvama Institutional Equities (Nuvama), which raised its rating on the stock to 'Buy' from 'Hold' and set a revised target price of Rs 836
On Monday, the company reported its Q3 result which showed its net profit at Rs 3.71 crore as compared to Rs 0.6 crore ayear ago
Mahanagar Gas shares surged following reports that Morgan Stanley, a New York-based brokerage firm, initiated coverage with an 'Overweight' rating
The rise in the BEL share price came on the back of an additional order win worth Rs 561 crore
Brokerage Angel One on Monday, after market hours, reported its third-quarter profit at Rs 281 crore as compared to Rs 260.31 crore, a rise 8 per cent Y-o-Y
Shares of Adani Power, Adani Green Energy, Adani Energy Solutions, Adani Total Gas and Adani Enterprises have rallied between 5 per cent and 12 per cent, so far today
Notably, Biocon share price has surged about 6 per cent in the last two sessions
Shares of IT company HCL Tech on Tuesday slumped nearly 10 per cent after the company's December quarter earnings failed to cheer investors. The stock tanked 9.41 per cent to Rs 1,798.40 on the BSE. At the NSE, it dropped 9.63 per cent to Rs 1,797.75. The stock emerged as the biggest laggard among the BSE Sensex and NSE Nifty firms. Its market valuation eroded by Rs 46,987.11 crore to Rs 4,91,743.25 crore during the morning trade. "HCLT's 3Q numbers and 4Q guidance were underwhelming," according to Motilal Oswal Research. Other IT stock like Tech Mahindra, Infosys and Tata Consultancy Services were also trading lower. "HCL Tech reported decent revenue growth of 3.8% q-o-q in cc but missed our estimates of 4.8% q-o-q in cc with largely broad performance across geos and verticals," Shaji Nair, Research Analyst, Capital Market Strategy, Mirae Asset Sharekhan, said. IT company HCL Tech on Monday reported a 5.54 per cent uptick in consolidated net profit to Rs 4,591 crore for the De
Foreign portfolio investors reduced their stake in IndusInd Bank to 46.63 per cent in December 2024, from 55.53 per cent in the September 2024 quarter, enhancing foreign headroom at 25 per cent
In previous trading session, the Sensex plunged 1,048.90 points, or 1.36 per cent, to close at 76,330.01. Similarly, the Nifty50 dropped 345.55 points, or 1.47 per cent, ending the day at 23,085.95
The Nifty IT Index is exhibiting a clear bearish trend in the near term, prompting traders to adopt a cautious stance
Several brokerages have revised their target prices for DMart, citing concerns about sustained margin pressure.
Markets Today LIVE: Benchmark Indian equities were trading significantly lower on Monday amid muted global cues
Shares of Phoenix, Macrotech Developers, Sobha, Brigade, Raymond, DLF, Oberoi Realty, Prestige Estates Projects and Godrej Properties were down in the range of 4 per cent to 9 per cent
The company's net profit for the third quarter ended December 31. 2024, stood at Rs 131.31 crore as compared to Rs 92.01 crore a year ago which implied a rise of 42.7 per cent year-on-year (Y-o-Y)
Waaree Energies share rose after it entered into a Share Purchase Agreement with Enel Green Power Development for acquisition of Enel Green Power for Rs 792 crore