Page 161 - Markets Today
Garden Reach Shipbuilders shares jump 6% on four multipurpose vessels order
The uptick in Garden Reach shares came after the company announced that it has secured an order for four (4) multi-purpose vessels from Carsten Rehder Schiffsmakler and Reederei GmbH & Co.
 "Garden Reach Shipbuilders shares jump 6% on four multipurpose vessels order")
NTPC hits all-time high after arm files draft papers for Rs 10,000-cr IPO
The surge in the NTPC share price came after the company filed Initial Public Offering (IPO) papers for its green energy arm, NTPC Green Energy Limited (NGEL).
 "NTPC hits all-time high after arm files draft papers for Rs 10,000-cr IPO")
Ion Exchange share price flies 10% on Rs 161-cr order win; details here
The uptick in Ion Exchange share price came after the company announced that it has secured an order worth Rs 161.19 crore from Adani Power.
 "Ion Exchange share price flies 10% on Rs 161-cr order win; details here")
Why did Mphasis, Nifty IT gain up to 4% after US Fed cut rates by 50 bps?
The surge in IT stocks was fuelled by the US Federal Reserve's decision to cut interest rates by 50 basis points, lowering the target range to 4.75 per cent to 5 per cent.
 "Why did Mphasis, Nifty IT gain up to 4% after US Fed cut rates by 50 bps?")
Bharti Airtel becomes 4th listed company to cross Rs 10 trillion market cap
The combined market cap of Bharti Airtel (Rs 9.52 trillion) and Bharti Airtel's partly paid shares (Rs 49,526 crore) touched Rs 10.02 trillion in intra-day trade on Thursday.
 "Bharti Airtel becomes 4th listed company to cross Rs 10 trillion market cap")
Will the BSE Sensex hit 90,000-mark by Dec 2024? Here's what chart says
The Sensex hit a new high at 83,774 in intra-day deals on Thursday; and has rallied 6% this quarter. Can the BSE benchmark rally another 7.4% to hit the 90K mark by year-end? Check key levels here.
 "Will the BSE Sensex hit 90,000-mark by Dec 2024? Here's what chart says")
Stocks To Watch: ICICI Securities, Nazara, NTPC, AB Capital, Tata Power
NTPC has filed for an IPO of its green energy arm, NTPC Green Energy Ltd, with an aim to raise approximately $1.2 billion (Rs 10,000 crore).
 "Stocks To Watch: ICICI Securities, Nazara, NTPC, AB Capital, Tata Power")
ICICI Bank's market cap tops Rs 9 trillion; stock hits new high
In one week, the stock of the second largest private sector lender has outperformed the market by gaining 3.5 per cent, compared to the 1.9 per cent rise in the BSE Sensex.
 "ICICI Bank's market cap tops Rs 9 trillion; stock hits new high")
Market Highlights, Sept 18: Sensex, Nifty retreat from record highs, end in red ahead of Fed outcome
Stock Market Highlights: As many as 33 constituent stocks on the Nifty50 ended in the red, dragged by TCS, Infosys, HCL Tech, Tech Mahindra, and Wipro, with a fall of up to 3.50 per cent
 "Market Highlights, Sept 18: Sensex, Nifty retreat from record highs, end in red ahead of Fed outcome")
Stocks To Watch: Jupiter Wagons, REC, Tata Motors, NTPC, Infosys
Stocks to watch today: Hindalco Industries is planning to enter the solar module manufacturing sector with a new plant in Mundra, Gujarat.
 "Stocks To Watch: Jupiter Wagons, REC, Tata Motors, NTPC, Infosys")
Market Highlights, Sept 17: Sensex up 90pts, Nifty holds 25,400; BHFL hits upper band for 2nd day
Stock Market Highlights: As many as 29 constituent stocks on the Nifty50 ended in the red, dragged by Tata Motors, Eicher Motors, Tata Steel, Coal India, and JSW Steel
 "Market Highlights, Sept 17: Sensex up 90pts, Nifty holds 25,400; BHFL hits upper band for 2nd day")
JK Tyre & Ind board okays merger with Cavendish Industries; stock gains 3%
The uptick in the JK Tyre & Industries share price came after the company's board approved the merger with Cavendish Industries.
 "JK Tyre & Ind board okays merger with Cavendish Industries; stock gains 3%")
Tata Motors dips 3% on heavy volumes; stock down 13% so far in September
TML Securities Trust sold 11.5 million new ordinary shares on the stock exchanges today for the purpose of distribution of fractional share entitlement as well as towards tax liabilities.
 "Tata Motors dips 3% on heavy volumes; stock down 13% so far in September")
Hero MotoCorp up 3%, at record high on positive outlook; zooms 95% in 1 yr
Hero MotoCorp stands to gain with rural growth expected to drive up demand in the two-wheeler market, particularly in the commuter segment.
 "Hero MotoCorp up 3%, at record high on positive outlook; zooms 95% in 1 yr")
Globus Spirits hits 52-week high on launching its first single malt whisky
The shares of Globus Spirits rose after the company announced the launch of its first single malt whiskey, DŌAAB India Craft Whisky.
 "Globus Spirits hits 52-week high on launching its first single malt whisky")
Carborundum Universal share price rises 6% on multiple acquisitions
The uptick in share price came after Carborundum Universal revealed that it has entered into a share purchase agreement to acquire a 100 per cent stake in Silicon Carbide Products, USA.
 "Carborundum Universal share price rises 6% on multiple acquisitions")
Here's why Tarmat shares were locked in 5% upper limit on Sept 17; details
The uptick in Tarmat shares came after the company announced that it has secured an order of Rs 139.48 crore from Maharashtra State Infrastructure Development Corporation.
 "Here's why Tarmat shares were locked in 5% upper limit on Sept 17; details")
Firstsource Solutions share price up 4% on inking pact with Microsoft
The uptick in Firstsource Solutions share price came after the company announced that it has inked a pact with Microsoft to deliver cutting-edge digital transformation services to clients worldwide.
 "Firstsource Solutions share price up 4% on inking pact with Microsoft")
Investec bets on Adani Green, initiates with 'Buy'; sees 31% upside
Despite this positive outlook, Adani Green's stock was trading about 2 per cent lower at Rs 1,890.20 as of 9:26 AM, while the BSE Sensex was down 0.08 per cent to 82,920.90 levels.
 "Investec bets on Adani Green, initiates with 'Buy'; sees 31% upside")
Stocks To Watch: M&M, LIC, Adani Wilmar, Trent, Vedanta
Stocks To Watch: Adani Enterprises and Wilmar International plan to sell a 13 per cent stake in their listed consumer joint venture, Adani Wilmar, to meet Indian shareholding norms.