ESDS Software Services shares were listed on Friday at a premium of 76 per cent and soon extended gains to trade over 100 per cent higher.
Purple Style shares listed at ₹539 on the BSE, a discount of 6.26 per cent against the offer price of ₹575. Meanwhile, on the National Stock Exchange, it debuted at ₹535, down 6.96 per cent.
The new pre-open auction session from Monday is divided into three time slots for order entry, modification/cancellation and order matching/execution for determining the opening (equilibrium) price.
Market experts broadly see equities as having the strongest structural case over the next decade.
The CME FedWatch tool signals that market participants are pricing in a 58 per cent chance of a hike, as against 45 per cent a month ago.
The gains in base metals have powered several metal stocks like Hindustan Copper and NALCO, which rose 112 per cent and 77 per cent in a year.
Stocks to buy today: ACME Solar is maintaining a strong bullish structure on the daily chart, with the stock consistently forming Higher Highs and Higher Lows, indicating sustained upward momentum.
Stocks to watch today: ICICI Bank, LIC, SBI, Dixon Tech, TCS, NMDC, JSW Steel, RVNL, Tata Motors, CG Power, BEML, among others, will be in focus today.
The emerging technical structure highlights the need to exercise caution and warrants a clear strategy to avoid venturing into aggressive long trades.
Technical analysts Drumil Vithlani and Ved Anil Gawker flag breakout from consolidation chart patterns on Motilal OFS, CRISIL, City Union Bank and Supreme Petrochem.
Sensex Today | Stock Market Highlights, Friday: In the broader markets, the Nifty MidCap fell 0.25 per cent and the Nifty SmallCap rose 0.22 per cent
The BSE barometer Sensex rallied 730 points or 0.95 per cent to 76,883, while the Nifty 50 index gained 132 points or 0.55 per cent to reclaim 24,000. The index hit the day's peak of 24,005.
Today's buying in RIL came after Nuvama reiterated its 'Buy' rating on the stock, with a target price of ₹1,766. The target implies an upside of nearly 36 per cent from the previous close of ₹1,301.05
MOFSL noted that Physicswallah is among India's largest education platforms, built on what the brokerage believes is one of the most capital-efficient business models in Indian EdTech.
Brokerages believe the positioning appears more aggressive than initially envisaged, also tallying with Grasim's rollout in paints, and could add materially to UltraTech's FY30 revenue.
Nuvama said UltraTech's scale ambition could intensify industry competition and its aggressive posturing on capacity, portfolio, and distribution could drive an interim de-rating for C&W industry
Ruto on Thursday ordered the ousting of Tata Chemicals Ltd. and is said to be looking for fresh investors to take over its century-old mining rights for minerals that are processed into soda ash.
ESDS Software's share price listed at ₹757 apiece on the National Stock Exchange (NSE) as against the offer price of ₹429, a premium of 76.46 per cent.
Priority Jewels shares listed at ₹225 on the BSE, a premium of 12.60 per cent against the offer price of ₹200. Meanwhile, on the National Stock Exchange, it debuted at ₹230, up 15 per cent.
Technical analysts flag presence of multiple hurdles in the 24,000-24,200 region for the Nifty; on the downside, they expect immediate support at 23,800.