Page 205 - Market Trends
HG Infra wins NHAI project worth Rs 997 crore; stock surges 8%
The project namely construction of six lane greenfield Karnal Ring road starting from NH44 near Village Shamgarh and terminating at Karnal Munak Road Vill Samalakhal in Haryana.
 "HG Infra wins NHAI project worth Rs 997 crore; stock surges 8%")
Global slowdown, Union Budget: 5 factors that will guide markets in 2023
Analysts expect the Indian equity markets to consolidate over the next few months, as they fully digest the negatives of rich valuations, rising interest rates amid growth headwinds.
 "Global slowdown, Union Budget: 5 factors that will guide markets in 2023")
Ashoka Buildcon gains 4% on securing orders worth Rs 755 cr
The company was awarded projects worth Rs 754.60 crore from the Madhya Pradesh PoorvKshetra Vidyut Vitaran company for supply, installation, testing and commissioning of new 11 KV lines in Balaghat.
 "Ashoka Buildcon gains 4% on securing orders worth Rs 755 cr")
KFin Technologies makes listless debut; slips over 2% from issue price
Post tepid listing, KFIN stock price slipped to a low of Rs 355 as against the issue price of Rs 366 per share.
 "KFin Technologies makes listless debut; slips over 2% from issue price")
Shriram Finance slips 7% as additional 174 mn shares get listed on bourses
17,43,44,710 equity shares of Rs 10 each of Shriram Finance were listed and permitted for trade on the exchange with effect from Thursday, December 29, 2022.
 "Shriram Finance slips 7% as additional 174 mn shares get listed on bourses")
From SBI to IHCL: 23 stocks brokerages are betting for 2023
So far in calendar year (CY22), frontline indices Nifty50 and the S&P BSE Sensex have climbed around 4 per cent each, as against 10-20 per cent fall in most of the global indices
 "From SBI to IHCL: 23 stocks brokerages are betting for 2023")
Sensex, Nifty end flat; Broader market outperforms, Titan gains 3%
CLOSING BELL: Auto majors - Maruti and Mahindra & Mahindra were the other prominent gainers among the Sensex 30, while Bharti Airtel and Tata Steel declined around a per cent each
 "Sensex, Nifty end flat; Broader market outperforms, Titan gains 3%")
India Pesticides surges 11% as arm gets nod to set-up agrochem unit in UP
Shalvis Specialities has received environmental clearance for setting up manufacturing plant of agrochemicals & intermediates, API ingredients & intermediates and fine chemicals manufacturing unit.
 "India Pesticides surges 11% as arm gets nod to set-up agrochem unit in UP")
Time Technoplast soars 19% on winning Rs 75 cr order from Adani Total Gas
The order is for supply of CNG cascades made from Type-IV composite cylinder. The delivery of these cascades shall begin from January 2023.
 "Time Technoplast soars 19% on winning Rs 75 cr order from Adani Total Gas")
Midhani gains 4%; Firm to inaugurate wide plate mill facility today
Going forward, as facilities ramp up production, additional revenue is expected is likely to flow from wide plate mill as well as the Rohtak plant, thereby providing healthy revenue visibility.
 "Midhani gains 4%; Firm to inaugurate wide plate mill facility today")
HEG incorporates new arm for manufacturing graphite node; stock soars 9%
The plant would be made in two phases, spending Rs 1,000 crore in Phase 1 over the next 3 years which would cater to 10-12 GWH of cell manufacturing capacity.
 "HEG incorporates new arm for manufacturing graphite node; stock soars 9%")
Sensex snaps 4-day losing streak, ends 721 pts up; Nifty reclaims 18,000
CLOSING BELL: The NSE Nifty shut shop at 18,015, up 208 points. Broader indices outperformed the benchmarks with gains of up to 3 per cent.
 "Sensex snaps 4-day losing streak, ends 721 pts up; Nifty reclaims 18,000")
Dreamfolks hits new low, falls 35% from listing price on Covid-19 fears
With Monday's decline, the stock corrected 35 per cent from its listing day high value of Rs 550
 "Dreamfolks hits new low, falls 35% from listing price on Covid-19 fears")
Sensex tumbles over 950 points: Top 5 factors behind Friday's market crash
All sectors, meanwhile, drowned in the sea of red, with Nifty Media, Nifty Metal, Nifty Realty, and Nifty PSU Bank indices declining up to 6 per cent
 "Sensex tumbles over 950 points: Top 5 factors behind Friday's market crash")
Sensex slumps 981 pts, Nifty ends near 17,800; PSU index crashes 6%
Market at close: The pain was even more severe in the broader market space where the BSE MidCap and SmallCap indices fell 3 and 4 per cent, respectively
 "Sensex slumps 981 pts, Nifty ends near 17,800; PSU index crashes 6%")
Pharma stocks upbeat amid Covid-19 scare; Divi's, Lupin can gain up to 10%
Technically, the Nifty Pharma index needs to immediate hurdle at 13,500, for further upside to 14,250.
 "Pharma stocks upbeat amid Covid-19 scare; Divi's, Lupin can gain up to 10%")
Strong support for Nifty seen at 17,850; Buy the dips, suggests chart
The options data indicates that the Nifty may look to hold on the 18,000-mark till expiry, given the high OI at the 18,000 Put.
 "Strong support for Nifty seen at 17,850; Buy the dips, suggests chart")
Droneacharya Aerial sees stellar debut, lists at 89% premium to issue price
Post listing, the stock froze 5 per cent upper circuit at Rs 107.10 and almost doubled or zoomed 98 per cent from its issue price
 "Droneacharya Aerial sees stellar debut, lists at 89% premium to issue price")
F&O Call: Nandish Shah recommends Bear Spread strategy on Federal Bank
The derivative analyst from HDFC Securities recommends to Buy Federal Bank 128 Put and simultaneously Sell 125 Put for the December expiry.
 "F&O Call: Nandish Shah recommends Bear Spread strategy on Federal Bank")
Shankar Sharma at BFSI Summit: Budget 2023 shouldn't tinker with LTCG tax
Market closing: The S&P BSE Sensex dropped 241 points to end at 60,826 levels in a broad-based sell-off. The Nifty50 gave up the 18,150-mark to close at 18,127, down 72 points
 "Shankar Sharma at BFSI Summit: Budget 2023 shouldn't tinker with LTCG tax")