Page 158 - Market Trends
5 Reasons why Sensex fell 650 pts, Nifty below 21,600 intra-day on Tuesday
The S&P BSE Sensex fell over 650 points, while the NSE Nifty 50 shed nearly 200 points in intra-day trades on Tuesday, January 02.
 "5 Reasons why Sensex fell 650 pts, Nifty below 21,600 intra-day on Tuesday")
YES Bank hits 52-week high in dismal trade; stock soars 14% in 4 days
In the past two months, the stock has zoomed 48% and is currently trading at its highest level since December 2022
 "YES Bank hits 52-week high in dismal trade; stock soars 14% in 4 days")
As Covid-19 cases rise in India; should you keep pharma stocks on radar?
Barring Dr Lal Pathlabs, the other four healthcare related stocks listed below seem to be trapped in a range for now, charts suggest.
 "As Covid-19 cases rise in India; should you keep pharma stocks on radar?")
Stock of this consumer electronics firm has zoomed over 200% in 10 months
The stock of HPL Electric & Power hit a new high of Rs 273.55, and was trading higher for the fourth straight day on Monday
 "Stock of this consumer electronics firm has zoomed over 200% in 10 months")
Vodafone Idea hits over 4-year high; zooms 39% in 2 days on heavy volumes
The stock zoomed 15% to Rs 18.42 on the BSE in Monday's intra-day trade and surpassed its previous high of Rs 18.30 touched on April 1, 2019.
 "Vodafone Idea hits over 4-year high; zooms 39% in 2 days on heavy volumes")
DCB Bank hits 52-week high, has rallied 25% in last 1 month; here's why
On December 8, 2023, the bank's board approved allotment of up to 6.06 million equity shares on a preferential basis, to Aga Khan Fund for Economic Development, at an issue price of Rs 137 per share.
 "DCB Bank hits 52-week high, has rallied 25% in last 1 month; here's why")
RailTel Corporation soars 27% in 6 days on winning orders worth Rs 263 cr
In past two months, the stock has zoomed 68 per cent, while, in past six months it skyrocketed by 182 per cent.
 "RailTel Corporation soars 27% in 6 days on winning orders worth Rs 263 cr")
BHEL surges 6% on buzz of winning Rs 19,422 cr order from NLC India
The stock was seen trading at its highest level since October 2015, backed by strong volumes on the BSE and NSE.
 "BHEL surges 6% on buzz of winning Rs 19,422 cr order from NLC India")
Trent outperforms market for 9th straight calendar year; zooms 127% in 2023
In CY19, Trent Ltd had rallied 46%, followed by 31% surge in CY20, 55% in CY21, and 27% in CY22
 "Trent outperforms market for 9th straight calendar year; zooms 127% in 2023")
 "Bodyline's Ankur Fumakia - Navigating Global Trends with Indian Roots")
This Sensex, Nifty50 stock from Tata Group has zoomed over 100% in 2023
Shares of Tata Motors hit a new high at Rs 801, and have zoomed 107 per cent so far in the calendar year 2023.
 "This Sensex, Nifty50 stock from Tata Group has zoomed over 100% in 2023")
Tata Coffee, TCPL surge 4%; hit new highs on fixing record date for merger
Tata Coffee, Tata Consumer and its wholly-owned subsidiary TCPL Beverages and Foods merger to be effective from January 01, 2024; Record date for share swap set as January 05.
 "Tata Coffee, TCPL surge 4%; hit new highs on fixing record date for merger")
HPCL, BPCL, IOC: Will petrol, diesel price cut derail rally in OMCs?
Shares of OMCs have rallied around 50 per cent in the last two months on the back of strong Q2 earnings. Can a fuel price hike derail the rally? Here's what the chart suggests.
 "HPCL, BPCL, IOC: Will petrol, diesel price cut derail rally in OMCs?")
HDFC Bank market cap hits Rs 13 trn mark; stock surges 10% so far in Dec
Analysts believe the worst seems to be over in terms of margin compression, and are optimistic over its future growth prospects.
 "HDFC Bank market cap hits Rs 13 trn mark; stock surges 10% so far in Dec")
PNB soars 6% on heavy volumes; stock has more-than-doubled since April
Thus far in the month of December, PNB has appreciated by 25% on consistent improvement in headline asset quality metrics, and steady reduction in fresh slippages over the recent past.
 "PNB soars 6% on heavy volumes; stock has more-than-doubled since April")
GSK Pharma surges 7%, nears record high on healthy business outlook
Since November, the stock has appreciated by 36% after the company reported earnings improvement in Q2FY24 on strong demand for its vaccines and general medicine.
 "GSK Pharma surges 7%, nears record high on healthy business outlook")
KPI Green Energy zooms 9% on plans to consider second bonus issue in 2023
Recently, the company also announced successful commissioning of two solar power projects totaling 17.35 MWp and 16.83 MWp for its respective clients.
 "KPI Green Energy zooms 9% on plans to consider second bonus issue in 2023")
Azad Engineering makes strong debut; lists at 37% premium over issue price
Azad Engineering IPO had received a robust response with the issue being subscribed 80.6 times. Sportsperson Sachin Tendulkar, PV Sindhu, Saina Nehwal and Nikhat Zareen are among shareholders.
 "Azad Engineering makes strong debut; lists at 37% premium over issue price")
Cement shares zoom up to 5%; UltraTech joins Rs 3 trillion market cap-club
Nomura estimates margins to expand on stronger volume growth, pricing discipline and relatively lower fuel cost
 "Cement shares zoom up to 5%; UltraTech joins Rs 3 trillion market cap-club")
Stock of this iron & steel company has zoomed over 90% in 10 days
Shares of Gallantt Ispat hit a record high and were locked at the 10 per cent upper circuit for the second straight day on strong business outlook.