Saturday, December 21, 2024 | 07:30 PM ISTEN Hindi

Sensex zooms 380 pts, ends at record high on US stimulus cheer, Brexit deal

All that happened in the markets today

SI Reporter New Delhi

1:37 PM

NIIT hits 52-week high after board approves Rs 237 crore buyback proposal

Shares of NIIT rose 5 per cent to hit a fresh 52-week high of Rs 209.90 on the BSE in intra-day trade on Monday after the company on Thursday said its board has approved an up to Rs 237 crore buyback proposal at Rs 240 per equity share. The buyback price of Rs 240 per share is at a 20 per cent premium to Thursday's closing price. READ MORE

market, markets, stock market, stock, stocks rise, stock rally

1:25 PM

MARKET CHECK | BSE advance-decline ratio at nearly 2:1

At around 1.25 pm, 1,937 shares were gaining while 973 were in the red. Some 236 stocks hit 52-week highs and 35 were at 52-week lows.

1:12 PM

SECTOR WATCH | BSE Realty best sectoral performer, rises nearly 4%

1:05 PM

Oil trims losses after Trump signs aid bill; demand concerns linger

Oil pared some of its losses from earlier on Monday after U.S. President Donald Trump signed a $2.3 trillion coronavirus aid and spending package but lingering worries about near-term demand weighed on market sentiment. Brent crude futures were down 25 cents, or 0.5%, to $51.04 a barrel at 0700 GMT, having fallen as much as 1.5% to $50.53 a barrel earlier in the session. U.S. West Texas Intermediate (WTI) crude futures slipped 19 cents, or 0.4%, to $48.04 a barrel. (Source: Reuters)

1:01 PM

India VIX rises 2%, hovers above 20 level

12:51 PM

Dixon Technologies arm inks deal with Motorola Mobility

Dixon Technologies, a contract manufacturer in electronic goods, on Monday said its wholly owned subsidiary Padget Electronics Pvt Ltd has entered into an agreement with Motorola Mobility LLC for manufacturing of smartphones. "Dixon's wholly owned subsidiary Padget Electronics has signed an agreement with Motorola for manufacturing of smartphones," Dixon Technologies said in a regulatory filing.

12:36 PM

2020, a 'gloom, doom and boom' year for metals amid Covid-19 pandemic

The year 2020 is one of those in which industrial commodities like metals and oil have seen extremes, both on the upside and downside. While Covid-19-led lockdowns across the globe destroyed demand in the early part of 2020, a supply cut-driven rally and sharp recovery in the auto sector have emerged as big themes. Domestic demand for these commodities, for instance, has seen a spike from September and is likely to increase further. READ MORE

metals sector, lead, copper, aluminium, steel

12:21 PM

MARKET UPDATE:: Broader indices outperform benchmarks

12:05 PM

Dish TV slips 10% on demand notice of Rs 4,164 crore from govt

Shares of Dish TV India tumbled 10 per cent to Rs 13.35 on the BSE on Monday, falling 14 per cent in the past two trading days on profit booking after the company said it has received a demand notice from the government for payment of Rs 4,164.05 crore, which includes licence fee and interest. The stock of the broadcasting & cable TV operator hit a 52-week high of Rs 16.30 on Wednesday in intra-day trade. Prior to two days' decline, the stock had outperformed the market by surging 60 per cent in the month of December. READ MORE

11:53 AM

Adani Group stocks in focus

COMPANY NAME	LATEST	HIGH	LOW	CHG(%)
ADANI POWER	50.15	50.15	47.85	4.92
ADANI PORTS	490.85	491.50	480.05	2.62
ADANI ENTERP.	501.30	501.35	473.00	5.94
ADANI TRANSMISSI	448.05	455.00	430.90	4.67
ADANI GREEN	1031.75	1045.90	1025.80	-0.39

11:45 AM

Replacement market helps tyre cos end 2020 with better capacity utilisation

going up on the backdrop of demand recovery, mainly driven by the replacement market. While some players have deferred part of the capex, some have decided to expand ont the hope that demand will be better in the coming fiscal. According to Automotive Tyre Manufacturers' Association (ATMA), tyre production dropped by 30% during the first half of FY21 in view of lockdown and restrictions on mobility in the first quarter which severely hampered the production. Reduced demand from both replacement and OE segments also affected the production. READ MORE

11:34 AM

Hindustan Foods advances 41% in 4 days

Shares of Hindustan Foods hit a fresh record high of Rs 1,459, rallying 12 per cent on the BSE in intra-day trade on Monday, after the company announced capex of Rs 125 crore to set up a manufacturing facility in north India as part of its goal to more than double its revenue to Rs 2,000 crore by fiscal year 2021-22. The company is one of India’s largest fast moving consumer goods (FMCG) contract manufacturer. In the last four trading days, the ctok has surged a massive 41 per cent. READ MORE

11:30 AM