Stock Market Highlights on August 13, 2024: Broader indices also settled lower, with small-cap shares being the worst hit as the Nifty Smallcap 100 index fell 1.30 per cent
Elara Capital maintained a 'Buy' rating on OIL with a target price of Rs 780 per share on higher FY26E EV/EBITDA assumption at 10.0x (from 7.0x), led by expectations of strong production growth.
Pipavav Port is in the forefront amongst all Indian ports in driving the government's initiative of increasing the market share of railways in freight handling.
Shares of INOXGFL Group companies Inox Wind Energy (IWEL) and Inox Wind were on a roll and rallied up to 36% in past two days after the companies reported strong earnings and healthy outlook.
Genus Power Infrastructure, Shakti Pumps (India), Gallant Ispat, Suraj Estate Developers, Panacea Biotec, Suzlon and Elpro Intl among BSE Allcap index were frozen at the highest limit for the day.
It's more of a stock specific market rather than sectors now, says Kranthi Bathini, Director-Equity of WealthMills Securities
Stock market outlook: The S&P BSE Sensex and the Nifty50 have been mostly resilient - as compared to their global peers - amid this uncertain phase
Why are Sensex, Nifty up today: Shinichi Uchida, the deputy governor of Bank of Japan said on Wednesday that the central bank would not hike interest rates when markets are unstable
Shares of S.P. Apparels hit a new high of Rs 1,133, as they surged 20% on the BSE in Wednesday's intra-day trade amid heavy volumes.
With normal monsoon expected for this fiscal, TVS expects rural recovery to drive sustained momentum for the industry in the coming quarters.
The yen touched a seven-month high of 141.675 per dollar on Monday, well above the 38-year lows of 161.96 it was languishing in just at the start of July
Bangladesh crisis news, textile shares: This will provide a sentimental boost for related stocks, though the rally should not be chased on this trigger alone, analysts said
Shares of Gravita India hit a new high of Rs 1,838.40, as they surged 14 per cent in Tuesday's intra-day trade backed by heavy volumes on the BSE.
A technical pullback coupled with speculation of an aggressive rate cut by the US Fed has propelled Asian shares on Tuesday morning, says Kranthi Bathini of WealthMills Securities.
At 6:31 AM, GIFT Nifty futures were up 197 points, trading at 24,299.5, indicating a robust gap-up opening.
Shares of Arrow Greentech hit a new high of Rs 944.60, as the stock of packaging company has frozen 20% upper circuit on the BSE on Monday; after the firm reported a solid set of numbers for Q1FY25.
Sensex, Nifty end over a per cent lower on fears of US recession
Neuland Laboratories hit a new high of Rs 11,093.15, as the stock rallied 18% on the BSE in Friday's intra-day trade on the back of robust earnings for June 2024 quarter.
GHCL has been allotted 6,449 hectares of land in Kutch for salt production on a 30-year lease; stock up 40 per cent so far in FY25.
Devarsh Vakil, Deputy Head of Retail Research, HDFC Securities suggests that for the Nifty50 index to move up from the current levels, bank and IT sectors need to perform and do the heavy lifting