Page 170 - Markets Today

Craftsman Automation surges 13%, hits record high on healthy outlook

The stock of the auto components and equipment company is trading higher for the fifth straight day, surging 23 per cent during the period.

Go Digit, Star Health extend rally after Jefferies initiates coverage

In the past two trading sessions, Go Digit's stock increased up to 3 per cent. Including today's gain, it reached an intraday high of Rs 370 on Monday.

Weekly Outlook: Nifty, Sensex near key hurdles; Bank Nifty can rally 5%

Market outlook for the week Aug 26 - 30: The Nifty needs to clear resistance at 24,971, and Sensex at 81,750 for further gains. Here are the key support levels to watch out the NSE, BSE benchmarks.

Nifty50 key levels to watch: Support at 24,750-24,700, other details here

On the lower end, there has been an ascend to the support zone, starting from 24,750-24,700, followed by 24,650- 24,600 with anticipation of dips auguring well for the bulls.

Nifty50 bullish on charts; Breakout above 24,950 may lead to new highs

The Nifty50 Index is currently showcasing a bullish trend on the charts, indicating strong upward momentum in the near-term.

Stock Market Highlights: Sensex, Nifty end flat, broader indices mixed ahead of Powell's speech

Stock Market Highlights on Friday, August 23: At closing bell, the BSE Sensex was at 81,086.21, up by 33.02 points. Nifty 50 was at 24,823.15, up marginally by 11.65 points

Sun Pharma hits 52-week high on launch of skin infection drug 'Starizo'

Starizo is used to treat Acute Bacterial Skin and Skin Structure Infection.

Lancor Holdings jumps nearly 7% after signing redevelopment MoU in Chennai

Lancor, in an exchange filing, said the re-development project will have a total built-up area of 85,337 sq. ft, and it expects to begin work on the project after receiving the required approvals.

What fuelled this Ashish Kacholia-owned stock's 74% rally in past one month

Shares of Balu Forge Industries hit a new high of Rs 679.95 in intra-day trade today. It has zoomed 205 per cent from its June month low of Rs 223 on the BSE.

SEPC up 5% on bagging Final Acceptance Certificate from Hutti Gold Mines

The uptick in SEPC share price came after the company announced that it has received the Final Acceptance Certificate from HGML for a contract worth Rs 232 crore.

Zomato stock price zooms 4% on shutting down intercity 'Legends' services

The surge came after the Zomato chief executive officer Deepinder Goyal said that they have discontinued their intercity food delivery service "Legends" as it could not find product market fit.

Jain Irrigation Systems sees 6% surge on MoU with Indian Coffee Board

The uptick follows the company's recent signing of a MoU with the Coffee Board of India, aimed at the commercial launch of advanced, high-quality, disease-resistant coffee plants.

Inox Green hits new high; stock zooms 55% over preferential issue price

Inox Green's board had allotted 28.98 million shares on preferential basis to its promoters and non-promoters, at an issue price of Rs 138 per share, which amounted to a total of Rs 400 crore.

Market Highlights, Aug 22: Sensex up 148 pts, ends atop 81k; Nifty holds 24,800; banks, FMCG gain

Following the release of the latest US Fed minutes, the Indian markets are likely to be buoyed by indicators of at least one interest rate cut by the Fed before the year ends

Transformers and Rectifiers bags $16.8 mn orders; shares hit upper circuit

In the past one year, shares of Transformers and Rectifiers India have gained 481 per cent, compared to the Nifty 50's rise of nearly 28 per cent during the same period.

Wonder Electricals share price climb 7% after announcing 1:10 stock split

Shares of integrated fan manufacturing services provider Wonder Electricals have gained nearly 350% in the six months.

Paytm up 5% on sale of entertainment biz; stock zooms 95% from 52-week low

With a strong focus on long-term value creation, Paytm's management said it remains confident of substituting the revenues from its entertainment ticketing business by expanding its core business.

P&G Health stock slips 4% on weak Q4 performance; Rs 60 dividend announced

The drop in the stock price of Procter & Gamble Health came after the company announced a weak set of June quarter results (Q4FY24).

BEML stock price rallies 4% on inking multiple deals; up 27% in 6 months

The rise in the BEML stock came after the company announced that it has inked multiple deals.

Aarti Drugs surges 13% as board mulls share buyback on August 26

Going ahead in FY25, the management anticipates an improvement in margins, mostly driven by an anticipated growth in export sales and backward integration.