Sensex's indicative price fell more than 2,000 points during the Closing Auction Session before recovering; traders blamed CAS, but Sebi ruled out changes
Wonder Electricals share price tanked 20% to ₹124.80, plunging 30% from its intra-day high of ₹179 on Thursday on the BSE amid massive volume.
Sterlite Technologies (STL) share price was locked at the 5% upper circuit at ₹695.20 on the BSE in Thursday's intra-day deals in an otherwise weak market.
Over the medium term (6-24 months), PL Capital said that it prefers large private banks, capital goods, and consumer durables.
Tempsens Instruments' IPO garnered bids for 279.44 crore shares as against 1.51 crore shares on offer, resulting in a subscription of 184.07 times.
Jindal Saw, Man Industries, Ratnaveer Precision and Welspun Corp traded up to 6% higher in Thursday's intra-day deals on the BSE.
The strong capex cycle in the thermal power sector propelled the company's order book and execution. In addition, the management has focused on structurally favourable terms in the orders, says Ind-RA
Motilal Oswal Financial Services has initiated coverage of Adani Enterprises with a 'Buy' rating and a target price of ₹3,880, implying a 25 per cent upside from the previous close of ₹3,112.
Bombay Burmah's stock surged after the Supreme Court withdrew its earlier observation on the ₹4,655 crore lease rent liability.
The Singapore International Commercial Court has dismissed the Company's challenge, holding that there was no breach of natural justice.
Under the share-swap ratio, Sapphire Foods shareholders will receive 177 shares of Devyani International for every 100 shares held in the former as of the record date, which will be announced later.
According to BSE data, at 09:15 AM on Thursday, as many as 10.09 million equity shares representing 2.04 per cent of total equity of ICICI Prudential AMC changed hands.
Omnitech Engineering, SEDEMAC Mechatronics, and Shadowfax Technologies shares have more than doubled investors' money compared with their IPO issue price.
Jatin Gedia expects Nifty to resume its uptrend towards 24,492, while maintaining a bullish view on Bank Nifty.
MSMEs and SMEs account for nearly one-third of GDP, but they represent just 0.2 per cent of the country's overall equity market cap.
IPOs raised about ₹18,349 crore in July and ₹26,302 crore in August through August 26, together accounting for nearly 96 per cent of the FY27 fundraising so far.
Bonanza, recommends Hindustan Zinc, Bank of Maharashtra and Anthem based on strong technical setups and bullish momentum.
July and August together accounted for 33 deals and ₹49,592 crore, or nearly 69 per cent of the total issue amount raised in the first eight months.
Varun Beverages Share: Varun Beverages' board of directors on Tuesday approved plans to enter the ready-to-drink alcoholic beverage (alcobev) and allied product categories.
At 12:07 PM on Wednesday, the Nifty Cement index was up 1.3 per cent at 15,057.10, compared to a 0.24 per cent decline in the NSE benchmark Nifty 50.