Page 160 - Market Trends

Nippon Life India AMC surges 8%, hits new high after huge block deal

According to reports, IndusInd Bank was seeking to divest 2.86 per cent stake in Nippon AMC

SBI m-cap nears Rs 6 trillion as stock hits new peak; surges 17% in 1 month

MOFSL estimates PSBs to sustain ongoing earnings traction, aided by improved loan growth, margin stability, and controlled credit costs

NTPC market cap touches Rs 3 trillion; zooms 88% thus far in CY 2023

At 01:27 PM, with a market cap of Rs 3.02 trillion, NTPC stood at 20th position in the overall ranking among the BSE listed companies

Nestle rallies 6% to fresh high; sets Jan 5 as record date for stock split

The company has fixed January 5, 2024 as the record date to determine shareholders eligible for its 1:10 stock split

India Glycols soars 11% on winning ethanol supply order from OMCs, Reliance

The company has won orders worth Rs 1,164 crore for supply of 165.5 million liters of ethanol to BPCL, Indian Oil, HPCL, Reliance Ind and Nayara Energy

Siemens hits new summit, soars nearly 9% on plans to spin-off energy biz

Siemens board has authorized the management to commence exploratory steps as may be required to examine a potential demerger of the energy business.

HFCL hits 52-week high, zooms over 10% on heavy volumes

The stock has rallied over 21 per cent in the last two trading sessions after unveiling new products for the defence market.

SBI hits new high after a gap of 1 year; stock surges 5% in 3 days

State Bank of India, on Wednesday, said it will be signing EURO 70 million Line of Credit with KfW (German Development Bank) for supporting Solar PV projects in India

IRFC extends rally with 32% jump in 1 week; hits new high on heavy volumes

The stock hit a new high of Rs 100.84, surging 9 per cent on the BSE in Friday's intra-day trade on the back of heavy volumes

Texmaco Rail surges 10% on order win worth Rs 1,374 cr from Railway Board

The Ministry of Railways (Railway Board) has awarded an order to the company for manufacture and supply of 3,400 BOXNS wagons

HUDCO zooms 20% on heavy volumes; stock up 51% from OFS price in 2 months

The average trading volumes at the counter jumped four-fold with a combined 181 million equity shares of HUDCO changing hands on the NSE and BSE till 02:48 PM.

This realty stock has zoomed 104% since October; m-cap nears Rs 50,000 cr

Prestige Estates Projects hit a new high at Rs 1,231.95, up 6% in Thursday's intra-day trade and has surged 46% in past one month amid expectation of healthy demand.

Nifty IT index surges 3%; Mastek, Sonata, Mphasis, Coforge rally up to 9%

At 10:12 AM, Nifty IT index, the top gainer among sectoral indices, was up 2.7 per cent

Fusion Micro Finance surges 8% after 10% equity change hands on BSE

Till 09:24 AM; around 10.30 million equity shares representing 10.2 per cent of total equity of Fusion had changed hands on the BSE, the exchange data shows.

This recently listed stock has zoomed 74% since its flat debut in November

Shares of Protean eGov Technologies locked in upper circuit of 20 per cent at Rs 1,380 on the BSE on back of heavy volumes

Stock of this PSU power generation company has zoomed 110% in 6 months

NLC today announced its foray into production of construction-grade sand from Mine Overburden with the inauguration of the proposed plant

India Shelter Finance IPO: Should you invest in this housing finance firm?

Here's what brokerages recommend investors should do, with this Rs 1,200 crore IPO which closes for subscription on Friday, December 15.

Paytm hits over 8-month low; stock tanks 38% from its 52-wk high of October

The stock of the fintech firm has remained under pressure since it announced it will scale down small-ticket size loans, especially, those below Rs 50,000

Growth concerns weigh on PI Industries; stock slips 12% in 2 days

The stock saw sell-off after reports indicated that the company might feel pressure on its key product -- pyroxasulfone -- due to capacity additions in China

Laurus Labs slips 4% as arm gets 5 observations post USFDA inspection

Laurus Synthesis Private Limited has been issued a Form 483 with five observations and the company plans to address the observations within stipulated timelines.