On the bourses, IndusInd Bank shares have tanked about 8 per cent in the last five trading sessions, 15 per cent in the past month and 37 per cent in the past six months
Towards the end of 2023, ACC initiated a strong rally from the Rs 1,800-1,850 zone, surging sharply to around Rs 2,700 within just three months
The surge in Brigade Enterprises share came after the company launched a residential project 'Brigade Altius' in Chennai with a revenue potential of Rs 1,700 crore
The northward move in the K&R Rail Engineering shares came after the company announced it has inked a memorandum of understanding (MoU) of up to Rs 5,000 crore, with Indian port Rail and Ropeway Corp
The uptick initially in the Nykaa share price came after Zurich, Switzerland-based brokerage firm UBS upgraded Nykaa stock to 'Buy', from 'Neutral'
Stock Market Today: As of 6:33 AM, GIFT Nifty Futures were down 75 points at 22,545, hinting at a negative start.
MosChip Technologies shares rose following the announcement of the launch of MosChip DigitalSky GenAIoT, a digital solutions suite
Till 11:11 am; a combined 27.24 million equity shares representing 2.75 per cent of total equity of the company have changed hands on the NSE (26.35 million shares) and BSE (0.89 million shares).
The uptick in Zydus Life share price came after the company announced that it has received final approval from the USFDA to manufacture Dasatinib tabs, 20 mg, 50 mg, 70 mg, 80 mg, 100 mg, and 140 mg
The uptick in RIL's share price followed an upgrade from domestic brokerage firm Kotak Institutional Equities, which raised its rating to 'Buy' from 'Add'
The rise in the BEL share price came after the company announced that its Board of Directors has declared an interim dividend of Rs 1.50 per equity share for the financial year 2024-25
The rise in Biocon share price came after the company announced that its wholly-owned subsidiary, Biocon Pharma, has received final approvals for Lenalidomide capsules and Dasatinib tabs from USFDA
According to Ambreesh Baliga, an independent analyst, "It's essentially a pullback rally following a prolonged decline in the Indian market."
The uptick in Welspun Specialty share price came after the company was notified as L1 bidder by Bharat Heavy Electricals Limited (BHEL, Trichy) for a project worth about Rs 231.77 crore, excluding GST
Stock Markets Today: As of 6:31 AM, GIFT Nifty Futures were down 54 points at 22,137, hinting at a negative start.
As of 6:40 AM, GIFT Nifty Futures were up 79 points at 22,359, hinting at a higher start
Notably, stocks like Infosys, M&M, Bharti Airtel, TCS, and HCLTech were the top contributors to the downward pressure on the indices
Despite the optimism surrounding growth, many brokerages are concerned about Jubilant FoodWorks' margin outlook
The downfall in the LIC share price came after the company announced that it has received a communication/demand order for GST, interest and penalty for Maharashtra state worth about Rs 480 crore
Stock Market Today: At 6:50 AM, GIFT Nifty Futures were down 148 points at 22,536, hinting at a gap-down start