Sunday, January 19, 2025 | 02:11 AM ISTEN Hindi

Sensex ends 134 pts lower, Nifty settles at 11,505; Nifty Pharma jumps 5%

All that happened in the markets today

SI Reporter New Delhi

India VIX fell nearly a per cent to 19.93 levels. (Photo credit: Kamlesh Pednekar)

2:25 PM

SECTOR WATCH :: Sharp slide in banking counters; HDFC Bank dips 3%, PNB 2%

2:24 PM

BUZZING STOCK :: Dr Reddy's extends gains, up over 13%

2:19 PM

NEWS ALERT :: Shilpa Medicare Board approves to establish wholly-owned subsidiary in Malaysia

2:12 PM

Rupee Closing

Rupee ends stronger at 73.45/$ vs Thursday's close of 73.65 per US dollar

2:06 PM

Surya Roshni surges 25% in 8 days after winning orders worth Rs 287 crore

On September 8, 2020, the company said it received two separate orders worth Rs 287.45 crore from Indian Oil Corporation and Bharat Gas Resources. The company received an order worth Rs 152.31 crore from Indian Oil Corporation for supplying API grade pipes for LPG pipe line project in Uttar Pradesh. The order is to be executed in 10 months. The company also received an order worth Rs 135.14 crore from Bharat Gas Resources for supplying API grade pipes for pan-India city gas distribution. The order is to be executed in 12 months. READ MORE

markets, stock market, sensex, nifty, shares, growth, profit, economy, gain

1:55 PM

BROKERAGE VIEW | Emkay Global Financial Services on Lupin, Cipla

Assuming Perrigo remains out of market for the next six months and a shift of incremental US$30mn sales to each Cipla and Lupin, our rough calculation indicates an 8-9% upgrade for Cipla and around 13-14% for Lupin in FY21 earnings. There will not be any change in FY22/23 EPS as Perrigo may re-enter the market by then. We have a Buy rating on Cipla with a TP of Rs 800 and Hold on Lupin with a TP of Rs 905. Currently, Cipla is an overweight in EAP while Lupin is underweight.

1:46 PM

Market share gains, pick up in ad growth to help Zee Entertainment

Rise in viewership of general entertainment channels for the second consecutive month, improvement in market share, and expected gains in revenue from advertising are positives for Zee Entertainment. Analysts at Elara Securities say the broadcaster reported strong performance in August and was able to gain market share across general entertainment and regional genres over the previous month. READ MORE

1:38 PM

European indices mixed in early deals

1:26 PM

Global automobile sales forecast to fall by 20% this year, says S&P

"We project global vehicle sales to expand 7 to 9 per cent both in 2021 and 2022, meaning that light vehicle sales two years from now will still be 6 per cent below 2019 volumes."

Any upside to our sales scenario will stem mainly from the Chinese market, the most dynamic but least predictable among the main global auto markets, said Ferraris adding that China may be the only market to catch up with 2019 volumes by the end of 2022. READ MORE

1:18 PM

Real estate stocks in focus; Oberoi Realty, DLF advance over 5%

Shares of real estate companies were in focus with the Nifty Realty index gaining 3 per cent on Friday. Oberoi Realty and DLF rallied 8 per cent and 6 per cent, respectively, on the National Stock Exchange (NSE). Brigade Enterprises, Sobha, Godrej Properties, Sunteck Realty, and Indiabulls Real Estate were up in the range of 1 per cent and 3 per cent. READ MORE

construction, realty, real estate, concrete, cement, buildings, high rise

1:10 PM

SECTOR WATCH:: Auto stocks trade higher

COMPANY	LATEST(rs)	CHG(%)
ASHOK LEYLAND	82.10	4.85
TATA MOTORS	149.10	1.02
M & M	643.60	1.01
TATA MOTORS-DVR	66.05	1.15
ESCORTS	1277.70	2.71

» More

12:58 PM

344 stocks in Nifty 500 index are indicating a bullish trend, shows MACD

The moving average convergence divergence (MACD) is a technical indicator that helps to understand the changes in the strength, momentum, and direction of any stock/security. The relationship between two moving averages helps to determine the buy or sell signal with the assistance of a 'signal line'. READ MORE

12:45 PM

India VIX cools off 3%

12:38 PM

India Inc looks to raise more than Rs 50,000 crore from IPOs in FY21

According to data made available by Geojit Financial Services, as many as 80 firms have approached the regulator Securities and Exchange Board of India (Sebi) to get the necessary approvals for tapping the primary market through the rest of the current fiscal. READ MORE