Page 145 - Stock Market Trading
Manappuram, Muthoot slip up to 10% as RBI to review gold loan regulations
In March, reportedly, India's central bank had plans to ask lenders to follow stricter underwriting processes for gold loans and monitor the end-use of funds
 "Manappuram, Muthoot slip up to 10% as RBI to review gold loan regulations")
Tata Steel shares drop nearly 4% after block deal of 2.09 million shares
Tata Steel's shares fell as much as 3.82 per cent during the day to ₹125.3 per share
 "Tata Steel shares drop nearly 4% after block deal of 2.09 million shares")
5 pharma stocks that you should stay away from given their tech charts
Technical charts hint that pharma shares such as Cipla, Lupin, Sun Pharma, Zydus Lifesciences and Gland Pharma could slide up to 23% as Trump tariff threat on pharma import looms.
 "5 pharma stocks that you should stay away from given their tech charts")
IT shares under pressure; Wipro, Mphasis, Coforge down by up to 5%
In the past five days, the BSE IT index has slipped nearly 10 per cent, and it has tanked 26 per cent thus far in calendar year 2025.
 "IT shares under pressure; Wipro, Mphasis, Coforge down by up to 5%")
Home First Finance shares jump 4% on launching QIP to raise up to ₹1250-cr
The floor price of the QIP was set at ₹1,019.25 per share which implies 3 per cent premium over Tuesday's closing at ₹988.45 per share on BSE
 "Home First Finance shares jump 4% on launching QIP to raise up to ₹1250-cr")
65 days and counting! Nifty spends longest time below 200-DMA post Covid-19
In the last 25 years, the Nifty spent 64 or more days below its 200-DMA only on 10 instances, shows data. Here's what the past analysis on Nifty's negative trend reveals.
 "65 days and counting! Nifty spends longest time below 200-DMA post Covid-19")
Nifty maintains bearish bias; Two stocks with up to 12% short-term gains
Support for the Nifty has moved up to 22,341, while resistance is placed in the range of 22,800-22,900
 "Nifty maintains bearish bias; Two stocks with up to 12% short-term gains")
Sensex mirrors Asian peers, climbs 1,089 points to end 3-day losing streak
From the sectoral front, the Nifty PSU Bank index added 2.6 per cent ahead of the announcement of the policy decision by the RBI's MPC scheduled for tomorrow, April 8, 2025
 "Sensex mirrors Asian peers, climbs 1,089 points to end 3-day losing streak")
Hudco shares rise after signing ₹1.5 trillion MoU with MMRDA
The company's stock rose as much as 6.57 per cent during the day to ₹207.7 per share, the biggest intraday gain since March 19 this year
 "Hudco shares rise after signing ₹1.5 trillion MoU with MMRDA")
ITC rebounds 6% from Monday's low; analysts remain positive on the stock
On March 31, 2025, ITC had signed a Business Transfer Agreement to acquire the pulp and paper undertaking of Aditya Birla Real Estate Limited. Analysts view this development as a positive.
 "ITC rebounds 6% from Monday's low; analysts remain positive on the stock")
HPCL, BPCL, IOC: Time to buy or sell OMCs as govt hikes excise duty?
Technically, HPCL, BPCL stock seem to be favourably placed on the charts with key support at ₹ 324 and ₹ 255, respectively. IOC stock chart however flags a caution sign.
 "HPCL, BPCL, IOC: Time to buy or sell OMCs as govt hikes excise duty?")
Delhivery shares slip 10% from intra-day's high on heavy volumes
On Monday, April 7, 2025, the stock price of Delhivery had gained 4 per cent to ₹268.45 after the company announced its acquisition of Ecom Express for ₹1,400 crore in an all-cash deal.
 "Delhivery shares slip 10% from intra-day's high on heavy volumes")
This real estate player's stock gained 5% in trade today; check details
In FY25 the company's pre-sales for stood at ₹3,028 crore as compared to ₹2,266 crore in FY24, showing a growth of 34 per cent
 "This real estate player's stock gained 5% in trade today; check details")
RBI's likely 25 bps rate cut seen as non-event amid tariff war concerns
Reports suggest that India's overnight indexed swap (OIS) rates signal a bigger reduction or a change in its stance.
 "RBI's likely 25 bps rate cut seen as non-event amid tariff war concerns")
Arkade Developers up 5% on bagging cluster redevelopment rights in Borivali
The stock gained after the company secured the cluster redevelopment rights in Borivali West, Mumbai with an estimated gross development value (GDV) of ₹865 crore
NACL zooms over 100% in 1 month as Coromandel set to acquire majority stake
Synergies from Coromandel and NACL's combined sourcing, consolidation of R&D, benefits from the management's expertise and financial reputation shall improve NACL's business profile.
 "NACL zooms over 100% in 1 month as Coromandel set to acquire majority stake")
P N Gadgil Jewellers shares rose 4% after posting Q4 business update
In Q4FY25, the company's consolidated revenue increased by 5.1 per cent as compared to the same quarter in the previous financial year, contributing to full-year growth of 25.9 per cent
 "P N Gadgil Jewellers shares rose 4% after posting Q4 business update")
Shriram Finance shares rally 5%, outperform market on stable outlook
Shriram Finance's credit cost is expected to improve marginally to about 1.9% of average loans over the next couple of years from 2.1% currently.
 "Shriram Finance shares rally 5%, outperform market on stable outlook")
Global Health shares jump 4% on Assam Grid's offer for hospital land deal
Global Health's stock rose as much as 3.91 per cent during the day to ₹1,242.7 per share, the biggest intraday gain since March 18 this year
 "Global Health shares jump 4% on Assam Grid's offer for hospital land deal")
Will Nifty follow history and crash below the 20,000-mark? Details here
The NSE Nifty 50 has been trading above the psychological 20,000-mark since December 2023. Here are the key levels to watch out for on the index.
 "Will Nifty follow history and crash below the 20,000-mark? Details here")