Page 141 - Stock Market Trading
Trend turns favourable for GlaxoSmithKline Pharma, key levels to track
GlaxoSmithKline Pharma stock has seen formation of 'Golden Cross' on the daily chart on Thursday; last time the stock saw a similar development, it rallied almost 117% over the next 14 months.
 "Trend turns favourable for GlaxoSmithKline Pharma, key levels to track")
Wipro shares dip 6% on disappointing Q4 results; weak Q1 guidance
As per the management, client spends deteriorated toward the end of Q4, and Q1 could see further impact.
 "Wipro shares dip 6% on disappointing Q4 results; weak Q1 guidance")
Gensol tumbles another 5% on Sebi crackdown; stock down 84% this year
From its peak of ₹1,376 apiece in early February, the stock has fallen by nearly 90 per cent
 "Gensol tumbles another 5% on Sebi crackdown; stock down 84% this year")
IDFC First Bank slips 4% after board approves ₹7,500 crore fund raise
The bank's board approved preferential issue of equity capital (CCPS) amounting to ₹7,500 crore to Currant Sea Investments B.V. and Platinum Invictus B 2025 RSC.
 "IDFC First Bank slips 4% after board approves ₹7,500 crore fund raise")
Waaree Renewable Tech shares soar 14% as Q4 profit rises 83% to ₹94 crore
The bottom line rose to ₹93.8 crore during the fourth quarter on account of higher revenue
 "Waaree Renewable Tech shares soar 14% as Q4 profit rises 83% to ₹94 crore")
Sonata Software shares plunge 13%; here's what is worrying investors
The selling on the counter can be attributed to the company expecting lower revenue estimates for Q4 2024-25 from its largest client
 "Sonata Software shares plunge 13%; here's what is worrying investors")
Stock market holiday 2025: Will BSE, NSE remain closed on Good Friday?
Stock market holiday 2025: Are stock and commodity markets closed on Friday, April 18, 2025? Check details
 "Stock market holiday 2025: Will BSE, NSE remain closed on Good Friday?")
Market trading guide for April 17: Q4 results, US tariffs, global mkts
Stock Market Today, April 17, 2025: Here's what to know before trading on Thursday, April 17, 2025
 "Market trading guide for April 17: Q4 results, US tariffs, global mkts")
Banking stocks, FPI propel domestic markets for third consecutive day
Most of the Sensex gains were contributed by Axis Bank, which rose by 4.3 per cent; HDFC Bank, which rose by 0.7 per cent; and Bharti Airtel, which rose by 1.35 per cent
 "Banking stocks, FPI propel domestic markets for third consecutive day")
I am sanguine IPO markets will take off soon: Tuhin Kanta Pandey
Pandey highlighted Sebi's efforts to engage with foreign portfolio investors and market participants to streamline compliance
 "I am sanguine IPO markets will take off soon: Tuhin Kanta Pandey")
Guardrails in place to check fraud: Sebi Chairman Tuhin Kanta Pandey
Independent directors, boards, auditors must step up to rein in greed: Pandey
 "Guardrails in place to check fraud: Sebi Chairman Tuhin Kanta Pandey")
Infosys Q4 Preview: Profit likely to dip 1.5% as margins set to contract
The information technology bellwether will report its earnings for the quarter ended March on April 17, Thursday
 "Infosys Q4 Preview: Profit likely to dip 1.5% as margins set to contract")
Stock Market Close Highlights: Sensex up for 3rd day, gains 309 pts, Nifty at 23,437; banks shine
Sensex Today | Stock Market Close Highlights: The Sensex gained 3,197 points in last 3 trading days, Nifty added 1,038 points. Broader indices outperformed on Wednesday, breadth 2:1 in favour of bulls
 "Stock Market Close Highlights: Sensex up for 3rd day, gains 309 pts, Nifty at 23,437; banks shine")
BSE Oil & Gas index up 2%; ONGC, Oil India, GAIL surge up to 4%
British energy major BP, along with Reliance Industries and ONGC, has secured an offshore block off the Gujarat coast in the latest exploration bidding round
 "BSE Oil & Gas index up 2%; ONGC, Oil India, GAIL surge up to 4%")
KFin Tech shares rally 6% on acquisition of Singapore-based Ascent Fund
KFin Tech's stock rose as much as 5.9 per cent during the day to ₹1,067 per share
 "KFin Tech shares rally 6% on acquisition of Singapore-based Ascent Fund")
These 2 smallcap stocks trade above 200-DMA after 11 months. Time to buy?
Technical chart suggests that Valor Estate (former DB Realty) can potentially zoom over 30%, while other smallcap stock - Ujjivan SFB can rally over 14% from present levels.
 "These 2 smallcap stocks trade above 200-DMA after 11 months. Time to buy?")
FIIs revisit Indian stocks with 2025's 3rd-biggest buy; will flows sustain?
The renewed interest by FIIs in Indian stock markets could be a one-off, said market analysts, who expect flows - both domestic and foreign - to remain volatile going ahead depending on news flow
 "FIIs revisit Indian stocks with 2025's 3rd-biggest buy; will flows sustain?")
Smallcap fertiliser stock zooms 53% in 4 weeks on hopes of normal monsoon
In the past two days, the stock price of Paradeep Phosphates soared 16% after the India Meteorological Department (IMD) on Tuesday predicted an "above normal" monsoon in 2025.
 "Smallcap fertiliser stock zooms 53% in 4 weeks on hopes of normal monsoon")
Hospital stocks in demand; Narayana, HCG hit new high, Yatharth surges 6%
Shares of Hospital firms gained amid rising demand for specialized treatments, including oncology and high-end surgical procedures; this trend contributes to higher ARPOB and overall revenue growth.
 "Hospital stocks in demand; Narayana, HCG hit new high, Yatharth surges 6%")
Landmark Cars shares vroom 6% on posting Q4 biz update; Details here
In its Q4 business update released after market hours, the company posted a 17.31 per cent rise in the total revenue from operations to ₹1,525 crore
 "Landmark Cars shares vroom 6% on posting Q4 biz update; Details here")