Page 45 - Indian Stock Markets

GMM Pfaudler jumps 13% after over 3 mn shares change hands via block deals

Around 84,000 shares had changed hands on the counter on the BSE, while 3.15 million shares had changed hands on the NSE till 10:15 AM.

Bajaj Finserv, Lupin, REC: Top picks by Chandan Taparia of MOFSL for today

Lupin stock has breached its previous ATH price of 10 years on the monthly chart with massive buying volumes which suggests very bullish sentiment.

Vinay Rajani of HDFC Securities suggests buying these stocks on August 28

Trend of the Nifty is bullish and long positions should be held with 24,875 stoploss on closing basis. On the higher side, 25,078, 25,300 and 25,500 are the next resistances.

Nifty Bank & Private Bank: Check support, resistance and other details here

The Nifty Bank Index is currently exhibiting a bullish trend on the charts, suggesting a positive outlook for the near term.

Foreign investors ditch India's pricey stocks, opt for new listings

Investors are pumping money instead into initial public offerings (IPOs), whose valuations are lower

KFintech rallies 10% on healthy outlook; stock zooms 131% so far in 2024

Over the next 5 years, the non-domestic MF biz would account for 45%-50% of the company's overall revenue led by faster growth in the Int'l investor solutions and AIF, PMS, and PWM solutions biz.

JM Financial says 'Buy' PCBL for 27% upside, lifts target price; details

On the bourses, the PCBL shares were trading 1.68 per cent lower at Rs 475.45 per share, at 10:40 AM. In comparison, BSE Sensex was trading with slight (0.05 per cent) gains at 81,742.85 levels.

Bondada Engineering locks in 5% upper circuit, hits new high on order win

The surge in the share price came after the company announced that it has secured an order worth Rs 5,75,74,73,650 crore (approximately Rs 576 crore).

CLSA raises DMart target price, sees 14% upside, says report; stock gains

The uptick in share price came after reports indicated that Hong Kong-based international brokerage CLSA has increased DMart's target price.

KPI Green Energy jumps 4% after arm bags 13.30 MW solar power plant project

The rise in KPI Green Energy share price came after the company announced that its wholly-owned subsidiary, Sun Drops Energia Private Limited, has received a 13.30 MW solar power plant project.

BHEL stock up 3% on multiple order wins of Rs 11,000 cr; more details here

The shares of BHEL rallied after the company announced that it has secured multiple orders worth over Rs 11,000 crore from Adani Power and its subsidiary Mahan Energen Limited.

Ashoka Buildcon up 5% on emerging as lowest bidder for project of Rs 478 cr

The rise in Ashoka Buildcon share price came after the company announced that it has emerged as lowest bidder for project of Rs 478 crore from Mumbai Metropolitan Region Development Authority (MMRDA).

Cyient stock rallies up to 4% on incorporating wholly owned subsidiary

The rise in the Cyient share price came after the company announced that it has incorporated Cyient Semiconductors Private Limited as a wholly owned subsidiary of the company.

Nifty50 key levels to watch: Support at 24,750-24,700, other details here

On the lower end, there has been an ascend to the support zone, starting from 24,750-24,700, followed by 24,650- 24,600 with anticipation of dips auguring well for the bulls.

Nifty50 bullish on charts; Breakout above 24,950 may lead to new highs

The Nifty50 Index is currently showcasing a bullish trend on the charts, indicating strong upward momentum in the near-term.

Stock Market Highlights: Sensex, Nifty end flat, broader indices mixed ahead of Powell's speech

Stock Market Highlights on Friday, August 23: At closing bell, the BSE Sensex was at 81,086.21, up by 33.02 points. Nifty 50 was at 24,823.15, up marginally by 11.65 points

Sun Pharma hits 52-week high on launch of skin infection drug 'Starizo'

Starizo is used to treat Acute Bacterial Skin and Skin Structure Infection.

SEPC up 5% on bagging Final Acceptance Certificate from Hutti Gold Mines

The uptick in SEPC share price came after the company announced that it has received the Final Acceptance Certificate from HGML for a contract worth Rs 232 crore.

Zomato stock price zooms 4% on shutting down intercity 'Legends' services

The surge came after the Zomato chief executive officer Deepinder Goyal said that they have discontinued their intercity food delivery service "Legends" as it could not find product market fit.

F&O cues: FIIs bullish on Nifty MidCap; JK Cement, Deepak Nitrite on radar

Derivatives market update for Friday, August 23: Analysts suggest Nifty options market reflects a bearish sentiment, with increased Call writing vs. Puts, as the index nears major hurdles.