Page 72 - Share Market

Market Today: GIFT Nifty, Nifty rebalancing, FII, Nasdaq, Quality Power IPO

At 7:06 AM, GIFT Nifty Futures were trading 139 points lower at 22,684, hinting at a gap-down start for the bourses

Stock Market Highlights: Sensex sheds 425 points, Nifty at 22,796; Auto shares bleed, metal shines

Stock Market Highlights: All sectoral indices, barring Nifty Metal, settled in the red, with Nifty Auto being the top laggard, which ended down by 2.58 per cent

Quality Power IPO listing on Monday, Feb 24; Here's what GMP indicates

Estimated to be worth around Rs 858.70 crore, the Quality Power IPO received a muted response from investors, with the issue being oversubscribed by 1.29 times

Bandhan Bank share pops 5% as CLSA upgrades to 'High Conviction Outperform'

The rally in Bandhan Bank's share price followed an upgrade from Hong Kong-based brokerage firm CLSA, which raised its rating to 'High Conviction Outperform' from the previous 'Outperform' rating

Nifty Metal bounces back from long-term support levels, can gain another 7%

The Nifty Metal index tested the 100-Week Moving Average for the last six weeks, and seems to have defended it for now. Among stocks Tata Steel, SAIL and Hindalco can rally up to 12%, suggest charts.

Kirloskar Oil Engines drops 3% as stock trades ex-dividend date today

Kirloskar Oil Engines shares reached their 52-week high of Rs 1,450 per share on the NSE on July 2, 2024, while they fell to their 52-week low of Rs 576.25 per share on February 21, 2025

KEI Industries rises 5% as Morgan Stanley initiates with overweight rating

The northward move in KEI Industries share price came after foreign brokerage firm Morgan Stanley initiated coverage with 'Overweight' rating, with a target price of Rs 4,391

Senores Pharma rises 6% after its arm inks agreement to acquire Roflumilast

Roflumilast is used for treatment to reduce the risk of Chronic Obstructive Pulmonary Disease (COPD) exacerbations in patients with severe COPD associated with chronic bronchitis

ITI share price locked in 5% upper circuit; Here's what sparked the rally

The increase in ITI's share price followed the company's announcement that it has received a revised order from the AMRCD

Sanofi Consumer share price slips 4% on weak Q4 results; check details here

The fall in Sanofi Consumer share price came after the company posted a weak performance in the financial results for the year-ended December 31, 2024

Rs 420 cr-order from MoD lifts Action Construction Equipment share 2%

The initial uptick in the ACE share price was fuelled by a Rs 420 crore order from the Ministry of Defence for Rough Terrain Fork Lift Trucks (RTFLT)

Nuvama bets on QSR, jewellery sectors post Q3, picks Jubilant, Titan, Trent

Nuvama has picked Jubilant, Trent, V-Mart, Titan, and Aditya Vision as its top bets going forward, highlighting their strong performances and promising outlook

Sahaj Agrawal of Kotak Securities suggests Short Strangle strategy on Nifty

Market is likely to remain range-bound in the near term, adhering to the key Support & Resistance levels established over the past two weeks

Stock Market Highlights: Sensex sheds 203 points, Nifty at 22,913; Smallcap shares outperform

Stock Market Highlights: Broader markets outperformed the benchmarks, with small-cap shares leading the charge. The Nifty Smallcap100 index settled with gains of 1.43 per cent

360 ONE Gold ETF NFO opens; check key details of this open-ended fund here

The minimum application amount for the 360 ONE Gold ETF NFO is Rs 500, with subsequent investments in multiples of Re 1. The exit load for the scheme remains nil

Avantel share zooms 14% on securing Rs 43 cr-order from NewSpace India

The rise in the share price of Avantel came after the company said it has received a purchase order of Rs 43.25 crore, including taxes, from NewSpace India Limited

Cyient share price jumps 4% on roping in Sukumal Banerjee as CEO; details

The rise in the share price followed the announcement of appointing Sukumal Banerjee as executive director and chief executive officer of its DET business, effective February 19, 2025

Natco Pharma trades lower for 10th straight day; tanks 40% on weak Q3

The pharma stock hit its lowest level since December 2023 and tanked 52 per cent from its record high level of Rs 1,638.35, touched on September 12, 2024.

ITC trades below this monthly avg after 4 years, VBL first-time; what next?

ITC, Varun Beverages share outlook: FMCG major ITC can slip another 10.5%, while Pepsi distributor VBL could slide another 27% suggests technical charts.

Here's why Waaree Energies share rose over 4% in trade on February 20

The rise in Waaree Energies share price came after it bagged an order for the supply of solar modules for 362.5 MWp by Khaba Renewable Energy to, a subsidiary of Engie India