Page 41 - Nifty 50
Stock Market Highlights, Sept 03: Nifty closes nearly flat, Sensex in red; broader markets gain
Stock Market Highlights: The NSE Nifty 50 index has rallied 4.7 per cent or 1,140 points in the last 14 straight trading sessions.
 "Stock Market Highlights, Sept 03: Nifty closes nearly flat, Sensex in red; broader markets gain")
Raymond up 9% on confirming demerger and listing of lifestyle, realty biz
Raymond will demerge into three entities--Raymond, Raymond Lifestyle and Raymond Realty
 "Raymond up 9% on confirming demerger and listing of lifestyle, realty biz")
Jhunjhunwala portfolio: This brokerage's stock has zoomed 53% in 3 weeks
Shares of Geojit Financial Services hit a record high of Rs 154.60, after surging 14 per cent on the BSE in Tuesday's intra-day trade amid heavy volumes.
 "Jhunjhunwala portfolio: This brokerage's stock has zoomed 53% in 3 weeks")
Shipbuilding stocks in focus: GRSE, MDL, Cochin Shipyard gain up to 7%
The Defence Acquisition Council (DAC) is likely to discuss proposals of mega projects worth around Rs 1.2 trillion for approval in a meeting scheduled for today.
 "Shipbuilding stocks in focus: GRSE, MDL, Cochin Shipyard gain up to 7%")
Kaynes Tech rallies 8% on govt approval for semiconductor unit in Gujarat
The proposed unit, with a production capacity of six million chips per day, will be setup with an investment of Rs 3,300 crore.
 "Kaynes Tech rallies 8% on govt approval for semiconductor unit in Gujarat")
Stocks to Watch: Adani Green, Vedanta, Ireda, Sterlite Tech, NMDC, TaMo
Vedanta has approved a third interim dividend of Rs 20 per share for FY25, raising the total dividend payout so far to Rs 13,474 crore.
 "Stocks to Watch: Adani Green, Vedanta, Ireda, Sterlite Tech, NMDC, TaMo")
Stock Market Highlights, Sept 02: Markets post record close; Sensex tops 82,550, Nifty near 25,300
Stock Market highlights: 27 out of 50 constituent stocks of Nifty50 ended higher, with gains led by Bajaj Finserv, Bajaj Finance, HCL Tech, Hero MotoCorp, and SBI Life Insurance
 "Stock Market Highlights, Sept 02: Markets post record close; Sensex tops 82,550, Nifty near 25,300")
HCL Tech's market cap nears Rs 5 trillion; stock zooms 46% from June low
With HCL Tech's stock up 3 per cent at 11:58 AM, the market cap of the company stood at Rs 4.9 trillion, and 2 per cent away from the Rs 5-trillion-mark, exchange data showed.
 "HCL Tech's market cap nears Rs 5 trillion; stock zooms 46% from June low")
Globus Spirits zooms 28% in two days; Motilal Oswal MF buys stake in co
Motilal Oswal Mutual Fund purchased 200,000 equity shares, representing a 0.69 per cent of the total equity of Globus Spirits on Friday, August 30, via block deal on the NSE.
 "Globus Spirits zooms 28% in two days; Motilal Oswal MF buys stake in co")
Nifty's winning run extends to 13th day in longest uninterrupted streak
During these 13 trading sessions, starting August 14, the Nifty has rallied 1,150 points, or 4.7 per cent
 "Nifty's winning run extends to 13th day in longest uninterrupted streak")
Weekly Outlook: Nifty eyes 25,550; but this chart pattern can derail rally
Market outlook for Sept 02 - 07, 2024: The Nifty seems favourably placed on the short-term chart; but formation of 'Hanging Man' pattern on the monthly chart may be a reason to worry going ahead.
 "Weekly Outlook: Nifty eyes 25,550; but this chart pattern can derail rally")
Emkay ups Nifty Sept 2025 target to 26,000; 'extended' sideways move likely
Emkay Global has raised the Nifty50 target to 26,000 for September 2025 on the back of rate cuts, revival in rural consumption, and earnings growth
 "Emkay ups Nifty Sept 2025 target to 26,000; 'extended' sideways move likely")
Stocks to Watch: Eicher, MSIL, NBCC, Biocon, Insecticides India, KIMS
Sales of Royal Enfield motorcycles fell 5 per cent to 73,629 units in August 2024, compared to 77,583 units in the year ago period. Meanwhile, their exports dropped 2 per cent to 8,006 units YoY.
 "Stocks to Watch: Eicher, MSIL, NBCC, Biocon, Insecticides India, KIMS")
This PSU upstream oil stock has zoomed 209% thus far in calendar year 2024
Oil India shares have zoomed 209 per cent in the calendar year 2024, as compared to 14 per cent rise in the BSE Sensex.
 "This PSU upstream oil stock has zoomed 209% thus far in calendar year 2024")
Stocks to watch: NTPC, IndiGo, Shipping Corp, LIC, SpiceJet, Sugar Cos
Promoter entity of Interglobe Aviation, The Chinkerpoo Family Trust sold a 5.24 per cent stake in IndiGo, for a total of Rs 9,549 crore.
Stock market today: RIL GDR up 3%, India Q2 GDP, Baazar Style IPO on radar
Stock market today: Indian equities are expected to open flat; India's Q2 GDP, Dow Jones hitting life high, Baazar Style IPO on radar
 "Stock market today: RIL GDR up 3%, India Q2 GDP, Baazar Style IPO on radar")
Defence stocks tumble up to 27% since Budget presentation; time to buy?
"A correction was needed in defence stocks as they were overvalued after the Interim Budget amid high expectations from the Budget," said Palka Arora Chopra, director of Master Capital Services
 "Defence stocks tumble up to 27% since Budget presentation; time to buy?")
JM Financial reiterates 'Buy' on Nykaa; ups target price with 15% upside
Based on expectations of the BPC company delivering robust numbers during the festive period this year, JM Financial has raised the target price on Nykaa with an upside of 15 per cent
 "JM Financial reiterates 'Buy' on Nykaa; ups target price with 15% upside")
PFC, REC gain up to 3% as UBS initiates 'buy' rating on high growth outlook
UBS believe REC and PFC's growth drivers and trajectory will be similar, with REC growing slightly ahead of PFC.
 "PFC, REC gain up to 3% as UBS initiates 'buy' rating on high growth outlook")
Share Market Today: Reliance 2024 AGM eyed; Asia dips after Nvidia results
Share market today, August 29, 2024: Indian equities are expected to open lower; US GDP, Reliance Industries (RIL) 2024 AGM, Premiere Energies IPO on radar