Page 29 - Indian Stock Market

Sun Pharma gains 3%; hits new high on UBS 'Buy' rating, sees more upside

UBS has a target price of Rs 2,450 on Sun Pharma and expects it to record the highest growth in the near-term and the medium-term via a ramp-up of the specialty drug pipelline.

Vedanta stock rallies 15% in one week as market cap climbs to Rs 2 trn

Vedanta will hold a board meeting on Tuesday, October 8, to consider and approve the fourth interim dividend for the financial year 2024-25.

Stocks To Watch: HDFC, IT stocks, Torrent Pharma, Ola Electric, Adani Green

Stocks to watch today: With Accenture raising its revenue guidance for FY25 to 3-6 per cent, exceeding its previous guidance, IT stocks in India would be in focus today.

Market Highlights, Sept 26: Record Highs! Sensex up 666pts; Nifty ends atop 26,200; Auto, metal zoom

Stock Market Highlights: Benchmark equity indices, the BSE Sensex and NSE Nifty50, scaled fresh highs before ending at new closing high levels on Thursday

Auto index hits record as MSIL surges 5%, M&M, Bajaj Auto hit life highs

Thus far in calendar year 2024, the BSE Auto index has surged 46 per cent, compared to the 18 per cent rally in BSE Sensex.

Zen Tech up 4% on launching remote-operated weapon & surveillance systems

The rise in Zen Technologies share price came after the company announced that it has launched remote-controlled weapon and surveillance systems to strengthen India's defence capabilities.

Newgen Software surges 19% on heavy volumes; zooms 42% in two weeks

A combined 2.42 million equity shares, representing 1.73 per cent of the total equity of the company, had changed hands on the NSE and BSE till 11:21 AM.

Indian shares hit record highs helped by gains in IT and consumer firms

The consumer goods index was up 0.4 per cent and was among the top gainers of the 13 major sub-indexes

Stocks To Watch: SBI, Vedanta, HDFC Bank, Piramal Pharma, Bank of India

Stocks to watch: Piramal Pharma aims to double its revenue to $2 billion by FY30, while tripling its Ebitda, said company Chairperson Nandini Piramal.

Market Highlights, Sept 25: Sensex up 256pts; Nifty holds 26,000; Media index soars 3%, VIX down 7%

Stock Market Today: Benchmark equity indices, the BSE Sensex and NSE Nifty50, climbed to fresh highs before ending at new closing highs on Wednesday

Why is PNB near its 8-month low after slipping 7% in 2 days? Details here

PNB shares have slipped after it announced Rs 109.16 per share as the floor price for the QIP, launched on September 23, that aims to raise Rs 7,500 crore.

IEX tanks 12% on reports of govt's plan to implement market coupling

IEX doesn't see any merit in market coupling for power exchanges and believes that there will be more complexities in its implementation, than gains.

Market Close Highlights, Sept 24: Markets muted after record; Sensex red at 84,900, Nifty at 25,950

Stock Market LIVE Updates: Indian equity benchmark indices pared their gains from the fresh all-time highs they touched late on Tuesday to close on a mixed note.

Motilal Oswal MF buys 2% in smallcap stock that is up 1,515% in 16 months

V2 Retail was locked in 5% upper circuit at Rs 1,284.85 on the NSE after Motilal Oswal MF bought a 2 per cent stake in the company via the open market on Monday.

Stocks To Watch: Adani Power, Vodafone Idea, PNB, Reliance Power, V2 Retail

Stocks to watch today: PNB has set a floor price of Rs 109.16 per share for its upcoming qualified institutional placement (QIP) to raise up to Rs 7,500 crore in 2024-25.

Market Close Highlights, Sept 23: Sensex adds 384 pts; Nifty ends near 25,950; PSB index soars 3%

Stock Market Highlights: 34 out of 50 constituent stocks on Nifty50 ended higher with gains led by Bajaj Auto, Mahindra & Mahindra, ONGC, Hero MotoCorp, and SBI Life Insurance

Market Highlights, Sept 20: Sensex up 1360pts, ends above 84,500; Nifty near 25,800 amid broad gains

Stock Market Highlights: Indian equity benchmark indices ended the week's last trading session at record high closing levels

US Fed rate cut: How leading brokerages interpret the development

US Fed rate cut: Policymakers, according to reports, expect the Fed's benchmark to fall another half of a percentage point by 2024-end, and another one per cent in 2025

Tactically cautious on India, Fed rate cut quantum a surprise: Chris Wood

If the US Federal Reserve (US Fed) rate cut is combined with a weaker dollar then the EMs (ex-China) should do well

Market Highlights, Sept 18: Sensex, Nifty retreat from record highs, end in red ahead of Fed outcome

Stock Market Highlights: As many as 33 constituent stocks on the Nifty50 ended in the red, dragged by TCS, Infosys, HCL Tech, Tech Mahindra, and Wipro, with a fall of up to 3.50 per cent