Stock Market Highlights, January 8, 2025: The benchmark equity indices showed great resistance on Wednesday as the BSE Sensex reovered around 650 points from its day's low to settle at 78,141.06, down
During CY24, Trent had outperformed the market and zoomed 133%, as compared to the 9% rise in the BSE Sensex and in CY23, the stock had rallied 126%, compared to the 20% gain in the benchmark index
A weekly close below the 50-WMA, shall open the doors for a likely slide towards 22,275 on the Nifty. Sensex likely to test 75,200 in the near-term.
Shares of NACDAC Infrastructure hit a new high of Rs 106.40, surging 17 per cent on the BSE in Wednesday's trade amid heavy volumes in an otherwise weak market
With robust cash flows and strategic expansions, Max is well-positioned for continued profitability and growth, while analysts expect KIMS to continue to be one of the fastest-growing hospital chains
Shakti Pumps shares locked in 5 per cent upper circuit at Rs 1,337.85, also its new high on the BSE, after its board approved raising Rs 400 crore by way of a qualified institutions placement issue
The stock price of real estate company Anant Raj has appreciated by 40 per cent since December 2024
Passive MF schemes, especially those tracking the Nifty 50 and Sensex, will need to offload their holdings in ITC Hotels as the stock will be excluded from these indices
In one year, PVR Inox has underperformed the market by falling 24 per cent, as compared to the 9 per cent rise in the BSE Sensex.
Markets Today Highlights: Among the broader markets, small-cap shares outperformed others, with the Nifty Smallcap100 ending up 1.35 per cent
Fertiliser companies are set to post healthy earnings growth, driven by volume growth in the Urea biz and sizeable cost savings in producing phosphoric acid for complex fertiliser makers
Shares of Goldiam International hit a new high of Rs 483.80, as they rallied 16 per cent on the BSE in Tuesday's intra-day trade amid heavy volumes on expectation of healthy earnings.
Markets Today Highlights: All sectoral indices ended in the red, with Nifty PSU Bank being the worst hit, ending down by 4 per cent, dragged by Union Bank of India, and Bank of Baroda
Kitex Garments, Reliance Infra, GVK Power, PC Jeweller, Motisons Jewellers, Black Box, Borosil Renewables, Mercury EV-Tech and EKI Energy were also locked in their respective lower circuits
At 12:20 PM; with a market cap of Rs 51,609 crore, ITI is trading 17 per cent higher at 535.15, the BSE data showed
Union Bank stock futures plunged nearly 8% on the back of 54% increase in OI. On the other hand, Dr. Lal Path Labs and Metropolis Health witnessed long build-up on Monday; shows derivatives data.
A robust consumer traction during Diwali translated into high single-digit buyer growth along with double-digit ticket size growth
Markets Today Highlights:32 out of 50 constituent stocks of Nifty50 ended in the red, dragged by Wipro, HDFC Bank, Tech Mahindra, Adani Ports, and Cipla, with losses extending up to 2.83 per cent
In two years, the stock price of ITI has skyrocketed 302 per cent from Rs 105.10 on January 3, 2023, on improved financial performance and a healthy business outlook
As per the demerger scheme, eligible shareholders will receive one share of ITC Hotels for every 10 shares held in ITC, with an effective record date of January 6, 2025