Page 147 - Market Trends
NLC India jumps 5% as ICRA reaffirms rating on NCDs worth Rs 2,000 cr
That apart, NLC India has also participated in the bidding for 20 blocks in the initial phase of the auction for critical mineral blocks in India.
 "NLC India jumps 5% as ICRA reaffirms rating on NCDs worth Rs 2,000 cr")
Nifty tops 22,300: Are markets skating on thin ice? What analysts say
Even as the Nifty seems on course to register decade high fiscal gains, the rally seems to have lost momentum in the recent months, with net gains well below the overall average in FY24 so far.
 "Nifty tops 22,300: Are markets skating on thin ice? What analysts say")
Sensex leaps 1,245 pts to end near 73,750, Nifty tops 22,300 on solid Q3
Stock market highlights on March 1, 2024: The S&P BSE Sensex hit a record high of 73,819, while the Nifty50 touched 22,353 intraday
 "Sensex leaps 1,245 pts to end near 73,750, Nifty tops 22,300 on solid Q3")
Suven Pharma soars 13% on announcing merger of Cohance Lifesciences
As per the amalgamation arrangement, Cohance shareholders to get 11 shares of Suven for every 259 shares of Cohance held by them.
 "Suven Pharma soars 13% on announcing merger of Cohance Lifesciences")
Triveni Turbine hits new high; zooms 41% in 18 days post Q4 results
A combined 8.98 million equity shares representing 2.8 per cent of total equity of the company changed hands on the NSE and BSE.
 "Triveni Turbine hits new high; zooms 41% in 18 days post Q4 results")
Allcargo Logistics soars 9% on healthy volumes
Recently, the company's arm Allcargo Supply Chain Private Limited (ASPL) said would be expanded its warehouse space by adding 3 million square feet in the next two-three years.
Stock of this SME IPO has zoomed 240% against issue price in two weeks
Rudra Gas shares were locked in 10% upper circuit at Rs 214.39, bouncing back 22% from its intraday low, after the company received two orders from HPCL amounting to Rs 9.96 crore
Zee Entertainment tanks 10% in 2 days, stock nears 52-week low
The counter saw heavy volumes of around 35.64 million equity shares changing hands on the NSE and BSE till 11:09 am on Thursday
 "Zee Entertainment tanks 10% in 2 days, stock nears 52-week low")
RIL, HDFC Bk drag Sensex 790 pts, Nifty below 22K; Voda slides 14%, ZEEL 7%
Stock market highlights on Wednesday, February 28: The BSE MidCap and SmallCap indices declined 1.8 per cent and 1.9 per cent, respectively
 "RIL, HDFC Bk drag Sensex 790 pts, Nifty below 22K; Voda slides 14%, ZEEL 7%")
Paytm, Apollo Micro, IFCI & 373 other stocks freeze at lower circuits
At 01:21 pm; the S&P BSE Midcap index and the S&P BSE Smallcap index were down 1.7% and 2%, respectively, correcting by up to 4 per cent from their record high levels touched earlier this month
 "Paytm, Apollo Micro, IFCI & 373 other stocks freeze at lower circuits")
Market has already factored in BJP's victory, says Achin Goel of Bonanza
While the fundamentals of PSUs remain optimistic, current valuations offer limited upside potential for new entrants, says Achin Goel, vice-president, Bonanza Portfolio
 "Market has already factored in BJP's victory, says Achin Goel of Bonanza")
Sona BLW rallies 13% in 3 days on positive outlook; hits 23 month high
With five new Battery Electric Vehicles (BEV) program wins, the net order book of the company's order book rose to record levels of Rs 24,000 crore in Q3FY24 from Rs 21,500 crore in Q2FY24
 "Sona BLW rallies 13% in 3 days on positive outlook; hits 23 month high")
Sensex snaps 2-day losing run, gains 305 pts; broader indices in red
Stock market highlights on Tuesday, February 27: The Nifty50 shut shop 76 points higher at 22,198
 "Sensex snaps 2-day losing run, gains 305 pts; broader indices in red")
ICICI Lombard hits new high; stock surges 5% on heavy volumes
Till 11:54 AM; a combined 8.77 million equity shares representing 1.8 per cent of total equity of ICICI Lombard changed hands on the NSE and BSE, data shows.
 "ICICI Lombard hits new high; stock surges 5% on heavy volumes")
Whirlpool India hits 6-year low; stock dips 6% on brokerage downgrade
Jefferies has downgraded the household appliance maker to 'underperform' from 'hold', cutting the target price to Rs 1,125 from Rs 1,265.
 "Whirlpool India hits 6-year low; stock dips 6% on brokerage downgrade")
Rail shares in focus after PM flags-off Rs 41K cr projects; RailTel up 16%
Shares of RailTel zoomed nearly 16 per cent in intra-day deals on Tuesday and have gained over 43 per cent so far this calendar year.
 "Rail shares in focus after PM flags-off Rs 41K cr projects; RailTel up 16%")
AMC shares scale 52-week highs; HDFC, Nippon, Aditya Birla rally up to 5%
Shares of asset under management (AMC) companies were in demand on Tuesday as robust systematic investment plan (SIP) inflows helped sustain assets under management (AUM) growth momentum in January.
 "AMC shares scale 52-week highs; HDFC, Nippon, Aditya Birla rally up to 5%")
Paints shares lose sheen post Birla Opus launch; Asian Paints at 10-mth low
CLSA downgrades Asian Paints to 'sell'
 "Paints shares lose sheen post Birla Opus launch; Asian Paints at 10-mth low")
Sensex drops 533 pts in broad selling; IT, metals worst hit; VIX jumps 4%
Stock market highlights on Monday, February 26, 2024: The Nifty50 shut shop at 22,122, down 91 points or 0.41 per cent. The mid, small-cap indices fell up tp 0.3 per cent.
 "Sensex drops 533 pts in broad selling; IT, metals worst hit; VIX jumps 4%")
Adani Energy, Ambuja Cements: Adani group shares trade firm in weak market
Adani Enterprises and Adani Green Energy have touched their respective 52-week highs in intra-day trade today.
 "Adani Energy, Ambuja Cements: Adani group shares trade firm in weak market")