Page 364 - Markets

Nippon Life India AMC surges 8%, hits new high after huge block deal

According to reports, IndusInd Bank was seeking to divest 2.86 per cent stake in Nippon AMC

Varun Beverages Ltd to acquire The Beverage Company for Rs 1,320 cr

Varun Beverages Limited said that the indicative time period for the completion of the acquisition is on or before July 31, 2024

Sensex gains 122 pts amid fag-end buying; Coal India rises 6%, Nestle 5%

Closing Bell on Tuesday December 19: Among sectors, the Nifty FMCG index rose 1.4 per cent , followed by the Nifty PSU Bank (up 0.8 per cent)

SBI m-cap nears Rs 6 trillion as stock hits new peak; surges 17% in 1 month

MOFSL estimates PSBs to sustain ongoing earnings traction, aided by improved loan growth, margin stability, and controlled credit costs

NTPC market cap touches Rs 3 trillion; zooms 88% thus far in CY 2023

At 01:27 PM, with a market cap of Rs 3.02 trillion, NTPC stood at 20th position in the overall ranking among the BSE listed companies

Kellton Tech zooms 16%, hits 52-week high on inking pack with LIC

The engagement will impact over 150,000 LIC employees, empowering them with advanced HR solutions

LIC sells 2% stake in Dixon Technologies; shareholding drops to 3%

Dixon Technologies India Limited reported a 2% decrease in holding from 5.012% to 3% during the period from April 20, 2022 to December 15, 2023 at an average cost of Rs 5877.65

Muthoot Microfin IPO: Issue size, GMP, financials, should you apply?

Muthoot Microfin IPO: Shares of the company are trading at a premium of Rs 90 in the unlisted market, translating into a listing premium of 31 per cent

Suraj Estate IPO opens today: Price band at Rs 340 to Rs 360 per share

The shares of Suraj Estate Ltd are available at a premium of Rs 70 in the grey market on Monday, which is Rs 14 higher from its weekend GMP of Rs 56

Solar Industries slides 11% after explosion at Nagpur plant kills 9

The factory, as per reports, produces products for like industrial and military explosives, as well as propellants and warheads

Zee Ent slips 4% as it seeks to extend deadline for merger with Sony

The request to extend the deadline comes just a day after two independent directors were unable to secure the re-appointment of the company's board

Sensex sprints 970 pts, ends atop 71,450; Nifty holds 21,450; IT, PSBs jump

Stock market LIVE updates on December 15, 2023: In the broader markets, the BSE MidCap and SmallCap indices were ruling 0.44 per cent and 0.65 per cent higher, respectively

SBI hits new high after a gap of 1 year; stock surges 5% in 3 days

State Bank of India, on Wednesday, said it will be signing EURO 70 million Line of Credit with KfW (German Development Bank) for supporting Solar PV projects in India

Stock of this smallcap cement company has zoomed 64% in one month

Shares of Mangalam Cement hit a new high of Rs 694.40 as they surged 16 per cent on the BSE in Friday's intraday trade

Texmaco Rail surges 10% on order win worth Rs 1,374 cr from Railway Board

The Ministry of Railways (Railway Board) has awarded an order to the company for manufacture and supply of 3,400 BOXNS wagons

Nifty Realty in 'overbought' zone; Nifty MidCap faces resistance at 13,200

A prudent trading strategy in the Nifty Realty index would involve booking profits, and adopting a cash position

Sensex up 930 pts, Nifty tops 21,150 as Fed sounds dovish; IT, Realty soar

Closing Bell on December 14, 2023: At close, the Sensex index stood at 70,514, up 930 points or 1.34 per cent, while the Nifty50 settled 256 points, or 1.23 per cent, higher at 21,183

US Fed keeps policy rates unchanged for 3rd time: Here're 5 key takeaways

A near unanimous 17 of 19 Fed officials project that the policy rate will be lower by the end of 2024 than it is now

Market cap of BSE-listed firms jumps to record high of Rs 354.41 trillion

The market capitalisation of BSE-listed companies surged to an all-time high of Rs 354.41 lakh crore in early trade on Thursday, with investors becoming richer by Rs 3.22 lakh crore, as the benchmark Sensex hit its all-time high level driven by a rally in global equities. Global markets rallied after the US Federal Reserve kept its key interest rate unchanged and signalled that they expect to make three quarter-point cuts to their benchmark interest rate next year. The 30-share BSE Sensex jumped 955.4 points to hit its all-time peak of 70,540 during the early trade. The market capitalisation (mcap) of BSE-listed firms hit a record high of Rs 3,54,41,617.18 crore during the early trade. Investors' wealth climbed by Rs 3,22,385.27 crore from Rs 3,51,19,231.91 crore on Wednesday. Among the Sensex firms, Infosys, HCL Technologies, Bajaj Finance, Tech Mahindra, Wipro and IndusInd Bank were the major gainers. Power Grid, Asian Paints, Nestle and Hindustan Unilever were among the ...

Nifty Metal eyes consolidation, Nifty Pharma trades with negative bias

The advised strategy for the Nifty Metal index is to buy near support levels and sell near resistance