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Thursday, December 19, 2024 | 10:06 PM ISTEN Hindi

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Sensex, Nifty end flat post lackluster trade; Syrma soars 42%, Titan 3%

CLOSING BELL: It was a range-bound trade on the bourses on Friday as investors awaited US Fed chief Jerome Powell's address at the Jackson Hole Symposium later tonight

Image SI Reporter New Delhi
Sensex, Nifty end flat post lackluster trade; private banks, RIL weigh

9:27 AM

SECTORS | All indices open in green; IT, metals, auto in fast lane

9:24 AM

BROADER MARKETS | Small-caps, mid-caps move in tandem with benchmarks

9:22 AM

NIFTY LOSERS | Eicher Motors, Bharti Airtel top index drags

9:20 AM

NIFTY GAINERS | Coal India, Metal players drive index higher

9:19 AM

SENSEX HEATMAP | Only 4 stocks sit in red; M&M in top gear

9:17 AM

OPENING BELL | Sensex jumps 400 points at open

9:17 AM

OPENING BELL | Nifty soars 140 points to move above 17,650

9:12 AM

PRE-OPEN | Nifty may start 100 pts higher

9:09 AM

PRE-OPEN | Sensex adds over 250 points

9:04 AM

CURRENCY ALERT | Rupee opens 2 paise stronger at 79.86/$

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9:01 AM

Stocks on radar: Titan, Dr Reddy's, Nelco, IOC, GIC Housing, Torrent Pharma

Stocks to watch today: Titan plans to add 20 to 30 Tanishq stores over two to three years in the Middle East and North America; Nelco inked pact with Intelsat to provide inflight connectivity services. Read here

stock market, markets, trading, investment, investors, mobile, smartphones, apps, tech, rally, growth, returns
8:58 AM

F&O Strategy: Nandish Shah recommends a Bull Spread on Canara Bank

The technical analyst from HDFC Securities recommends buying Canara Bank 240 Call and simultaneously selling 250 Call for the September series. Read here

Canara Bank alleges Rs 5 bn fraud by Kolkata-based R P Infosystems
8:55 AM

DIIs sell Rs 334 crore of shares Thursday

8:53 AM

FIIs buy Rs 369 crore of shares Thursday

8:51 AM

BROKERAGE VIEW | Berger Paints stepping up ahead of Grasim launch

The top two players Asian Paints and Berger Paints are gaining share and decorative paints industry is becoming a 2-player market in most regions across the
country.

Berger Paints is eyeing a series of new product launches, closing portfolio and price point gaps, increasing A&P spends, and augmenting and
fortifying team.

Berger is also gaining share in decorative and industrial coatings.

Demand environment is robust, GM should recover to 39-40% and EBITDA margin should surpass pre-pandemic high of 16-17% as RM prices ease.

VIEW: Cautious on expectations of rising competition (Grasim), which could weigh on margins/valuations.

By Kotak Institutional Equities

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First Published: Aug 26 2022 | 8:16 AM IST