Page 11 - Markets
Transrail Lighting shares zoom 12% on 70% rise in manufacturing capacity
From its 52-week low of ₹400.65, touched last week on September 16, Transrail Lighting stock has jumped 16 per cent.
 "Transrail Lighting shares zoom 12% on 70% rise in manufacturing capacity")
Meesho surges 6%, nears record high; what's driving this internet stock?
Meesho targets a 25% Net Merchandise Value (NMV) compound annual growth rate (CAGR) over five years, with scale benefits expected to support margins over time.
 "Meesho surges 6%, nears record high; what's driving this internet stock?")
Block deal impact: RHI Magnesita gains 8%; transaction valued at ₹826 cr
The deal was executed in the morning block deal session at the price of ₹360 compared with the previous close of ₹368, marking a 2.17 per cent discount.
 "Block deal impact: RHI Magnesita gains 8%; transaction valued at ₹826 cr")
Pace Digitek shares surge 13% as arm bags ₹488-crore BESS supply order
Pace Digitek's material subsidiary, Lineage Power Private Limited (LPPL), secured an order valued at ₹488.46 crore from NTPC GE Power Services Private Limited.
 "Pace Digitek shares surge 13% as arm bags ₹488-crore BESS supply order")
Stocks to watch: ONGC, Pine Labs, GRSE, Waaree, Lloyds Metals, Aarti Inds
ONGC struck gas at its first Mahanadi Basin well, MN-DW18-1-H-D, at a depth of 1,441-1,452 metres, around 43 km off Konark.
 "Stocks to watch: ONGC, Pine Labs, GRSE, Waaree, Lloyds Metals, Aarti Inds")
LIC, Axis Bank: Kotak Securities explains why they prefer these 2 stocks
Shrikant Chouhan, Head of Equity Research of Kotak Securities explains why the analyst is bullish on LIC and Axis Bank.
 "LIC, Axis Bank: Kotak Securities explains why they prefer these 2 stocks")
Lupin, Akums, Heritage Foods look relatively strong on charts: Anand James
Anand James of Geojit Investments identified three stocks Lupin, Akums Drugs and Heritage Foods with a favourable technical set-up on charts at current levels.
 "Lupin, Akums, Heritage Foods look relatively strong on charts: Anand James")
Stock Market Close: Sensex rises 564 pts, Nifty at 23,414; pharma, FMCG, realty top sectoral winners
Sensex Today | Stock Market Highlights, Monday: In the broader markets, the Nifty MidCap and the Nifty SmallCap fell 0.29 per cent and 0.07 per cent, respectively
NSE IPO subscribed 5.60 times so far on final day; retail lags, NIIs lead
The NSE IPO closes for bidding on September 21. The exchange has set a price band of ₹1,700-1,785 per share.
 "NSE IPO subscribed 5.60 times so far on final day; retail lags, NIIs lead")
Sensex jumps 690 pts intraday, Nifty tops 23,400: 4 factors behind mkt rise
Sensex today: Analysts at SBI Securities said that the gradual decline in crude oil prices over the last four trading sessions has provided some respite to Asian equities.
 "Sensex jumps 690 pts intraday, Nifty tops 23,400: 4 factors behind mkt rise")
Raymond share price jumps 9% on volume spike; stock gains 70% in a year
Raymond stock has gained 5.46 per cent over the past week, 64.43 per cent in the last month, 148.48 per cent year-to-date, and 70.42 per cent over the past year.
 "Raymond share price jumps 9% on volume spike; stock gains 70% in a year")
OFSS shares crack 7%; what's spooking Nifty IT's best-performing stock?
As of Friday's close, OFSS shares are up 55 per cent on a year-to-date (YTD) basis, making it the best-performing stock in the worst-performing Nifty IT index.
 "OFSS shares crack 7%; what's spooking Nifty IT's best-performing stock?")
Nifty's 6-week losing run: 9 stocks fall 10-14%; 6 defy trend, add ₹73K cr
Bogged down by crude oil prices trading above $100, the Nifty 50 index has lost 5 per cent during the six-week selloff, which is also its longest since 2020.
 "Nifty's 6-week losing run: 9 stocks fall 10-14%; 6 defy trend, add ₹73K cr")
Biocon spurts 3% as Pertuzumab drug moves closer to marketing nod in Europe
Biocon jumped nearly 3% in Monday's trade after the company's Pertuzumab biosimilar drug received EMA CHMP recommendation for breast cancer care.
 "Biocon spurts 3% as Pertuzumab drug moves closer to marketing nod in Europe")
Most Tata stocks slip as Tata Sons-Trusts dispute threatens legal battle
Tata stocks: Analysts believe the boardroom battle playing out in public forums is creating more uncertainty for the group.
 "Most Tata stocks slip as Tata Sons-Trusts dispute threatens legal battle")
Block deal alert: Lenskart Solutions slips 3% amid heavy volume on NSE
As of 09:27 AM on Monday, as many as 39.18 million shares representing 2.25 per cent of total equity of Lenskart changed hands on the NSE, the exchange data shows.
 "Block deal alert: Lenskart Solutions slips 3% amid heavy volume on NSE")
Manika Plastech shares make flat market debut, list at par with IPO price
Manika Plastech shares listed flat at ₹43 on both BSE and NSE. The issue was subscribed 28.14 times.
 "Manika Plastech shares make flat market debut, list at par with IPO price")
Tata Capital shares fall even as Emkay sees growth, asset quality on track
Brokerage firm Emkay said, about a year after listing, Tata Capital continues to impress with its execution, with growth, asset quality, credit costs, and profitability broadly tracking guidance
 "Tata Capital shares fall even as Emkay sees growth, asset quality on track")
Stocks to watch: Tata Group, OMCs, Welspun Corp, Mazagon Dock, Apollo Pipes
Stocks to watch today: IOCL, HPCL, BPCL, Asian Paints, IndiGo, among others, will be in focus following a decline in crude oil prices.
 "Stocks to watch: Tata Group, OMCs, Welspun Corp, Mazagon Dock, Apollo Pipes")
Stock Market Close: Sensex ends flat as gains fade at fag-end; Nifty at 23,346, metals shine
Sensex Today | Stock Market Highlights, Friday: In the broader markets, the Nifty MidCap and the Nifty SmallCap rose 1.24 per cent and 1.74 per cent, respectively
 "Stock Market Close: Sensex ends flat as gains fade at fag-end; Nifty at 23,346, metals shine")