Page 153 - Stock Market Trading
Power Mech up 17% on ₹597 crore order from BHEL; zooms 50% from March low
The power sector continues to be the sector that drives the management's bullish sentiment on order inflow outlook for the next 2-3 years
 "Power Mech up 17% on ₹597 crore order from BHEL; zooms 50% from March low")
Nifty Bank up 2%, hits highest level of CY 2025; ICICI, Kotak at new highs
Bank Nifty: The index was quoting higher for the eighth straight trading day, having rallied 8 per cent during the period
 "Nifty Bank up 2%, hits highest level of CY 2025; ICICI, Kotak at new highs")
TVS Holdings gains 3% as board approves 1,860% dividend; check record date
The dividend payment will be made within a period of 30 days from the declaration of interim dividend, as provided in the Companies Act, 2013
 "TVS Holdings gains 3% as board approves 1,860% dividend; check record date")
DLF rises 3% post analysts meet; here's brokerage analysis on stock
Kotak Institutional Equities reckons that the Street's concerns about a slowdown in real estate, especially in Gurgaon, may be overplayed
 "DLF rises 3% post analysts meet; here's brokerage analysis on stock")
Finolex Cables, Finolex Industries surge up to 13% on heavy volumes
Till 10:52 AM; a combined 17.63 million shares, representing 2.8 per cent of the total equity of Finolex Industries, have changed hands on the NSE and BSE
 "Finolex Cables, Finolex Industries surge up to 13% on heavy volumes")
Gland Pharma jumps 6% on multiple bulk deals; check buyers' detail here
According to NSE bulk deal data, Vanguard Emerging Markets Stock Index Fund A Series of VIEIF purchased 0.83 million shares
 "Gland Pharma jumps 6% on multiple bulk deals; check buyers' detail here")
NCC shares up 5% on receiving LoA from Bihar Medical for ₹1,480-cr project
The company received a letter of acceptance (LoA) from Bihar Medical Services and Infrastructure Corporation Limited for the redevelopment of Darbhanga Medical College & Hospital at Laheriasarai
 "NCC shares up 5% on receiving LoA from Bihar Medical for ₹1,480-cr project")
CarTrade zooms over 450% in 2 years after tanking 79% against issue price
On Friday, March 21, 2025, global investment management firm Vanguard Group bought 713,835 shares or 1.5 per cent stake worth ₹128.81 crore of CarTrade Tech via bulk deals on the NSE
 "CarTrade zooms over 450% in 2 years after tanking 79% against issue price")
Welspun Corp hits life high on receiving ₹476 cr from reducing stake in arm
Post the stake sell, NSPL has ceased to be a subsidiary of Welspun and has become an associate of the company
 "Welspun Corp hits life high on receiving ₹476 cr from reducing stake in arm")
BSE Oil & Gas index rally 7% in 1 week; Gail surges 7% on positive outlook
As of 09:22 AM; the BSE Oil & Gas index was up 1.7 per cent, as compared to 0.68 per cent rise in the BSE Sensex.
 "BSE Oil & Gas index rally 7% in 1 week; Gail surges 7% on positive outlook")
Power Grid gains 3% in trade; among top gainers on Sensex; check details
The stock gained after the company acquired special purpose vehicles (SVPs) Fatehgarh II and Barmer I PS Transmission Limited, as well as Chitradurga Bellary REZ Transmission
 "Power Grid gains 3% in trade; among top gainers on Sensex; check details")
Street Signs: Mkt may build on upside momentum, F&O stocks to swell to 219
FPI ownership in Indian companies has fallen to a decade low, yet their influence on domestic markets remains strong
 "Street Signs: Mkt may build on upside momentum, F&O stocks to swell to 219")
The best investment opportunity remains in India: Venugopal Manghat
Manghat tells that they have increased cash positions across most of their schemes over the past few months
 "The best investment opportunity remains in India: Venugopal Manghat")
Manappuram surges 7%; nears record high on strategic deal with Bain Capital
A strategic deal with Bain Capital Asia, which will invest Rs 4,385 crore through a preferential allotment at Rs 236 per share, at a premium of 30%, will give it an 18% stake in the company
 "Manappuram surges 7%; nears record high on strategic deal with Bain Capital")
Sebi relaxes 'skin in the game' rules for MF employees, effective April 1
The revised rules also adjust lock-in periods. For employees retiring at superannuation age, the lock-in will be waived, except for units in closed-ended schemes
 "Sebi relaxes 'skin in the game' rules for MF employees, effective April 1")
FMCG: Investors should wait for correct valuations or demand to recover
Ongoing weakness in urban consumption may continue, weighing down value and volume growth of FMCG players in the ongoing January-March quarter (Q4) of FY25 and first half of FY26
 "FMCG: Investors should wait for correct valuations or demand to recover")
Tata Capital gears up for mega IPO, ropes in about 10 investment banks
Tata group financial services firm sets the ball rolling for a $2 bn maiden share sale
 "Tata Capital gears up for mega IPO, ropes in about 10 investment banks")
Sebi considers easier IFSC access for brokers operating from Gift City
In a consultation paper released on Friday, Sebi outlined plans to allow stock brokers to conduct securities market activities in Gift-IFSC through a separate business unit
 "Sebi considers easier IFSC access for brokers operating from Gift City")
Stock Market Highlights: Sensex ends 557 pts higher; Nifty at 23,550, records best week in 4 years
Sensex Today | Stock Market Highlights: The BSE Sensex surged 3,077 points to 76,906, and the NSE Nifty vaulted 953 points - both up around 4.2 per cent this week.
 "Stock Market Highlights: Sensex ends 557 pts higher; Nifty at 23,550, records best week in 4 years")
BSE Oil & Gas index surges over 3%; ONGC, BPCL, HPCL, GAIL rally up to 7%
In the past six months, the oil & gas index has underperformed the market by falling 18 per cent, as against a 9.5 per cent decline in BSE Sensex.
 "BSE Oil & Gas index surges over 3%; ONGC, BPCL, HPCL, GAIL rally up to 7%")