Stock Market Highlights, June 27: Nifty hits 24,000 on June F&O expiry day; Sensex rises 567 pts

Stock Market Highlights on Thursday, June 27, 2024: The BSE Sensex topped the 79,000-mark for the first time on Thursday, touching an all-time high of 79,396. The Nifty50 hit a record high of 24,087

2:12 PM

Route Mobile soars 15%, hits 29-month high as Microsoft, Proximus sign pact

Shares of Route Mobile hit a fresh 52-week high of Rs 1,896.95, soaring 15 per cent on the BSE in Thursday's intraday trade, after Microsoft and Proximus Group signed a strategic partnership for collaboration on digital communications and cloud. READ MORE

2:02 PM

ALERT:: BSE MidCap index slips into red; Indian Hotels, AU SFB weigh

1:55 PM

Vraj Iron and Steel IPO Day 2: Subscription status, GMP, Should you apply?

Non-institutional investors (NIIs) have shown major interest, subscribing at 11.73 times, while retail individual investors (RIIs) have subscribed at 11.27 times. Qualified institutional buyers (QIBs), meanwhile, have subscribed at 0.62 times. READ MORE

 

1:44 PM

This railway related stock has zoomed 91% from its June 5 low

Shares of Titagarh Rail Systems hit a new high of Rs 1,896.50, surging 7 per cent on the BSE in Thursday's intra-day trade on account of a healthy business outlook. READ MORE

1:33 PM

Sebi considers sweeping changes to disclosure, listing requirements

The Securities and Exchange Board of India (Sebi) will soon consider close to 50 changes aimed at simplifying disclosure and listing obligations for listed companies and those looking to access the public markets. READ MORE

1:22 PM

ITD Cementation hits 52-week high on bagging contract worth Rs 1082 cr

Shares of civil construction firm ITD Cementation India soared up to 3.66 per cent at Rs 537 per share, hitting its 52-week high on the BSE in Thursday's intraday trade. READ MORE

1:11 PM

Groww files for Nifty EV & New Age Automotive FOF with SEBI

Groww Mutual Fund has filed draft documents with the Securities and Exchange Board of India (Sebi) for launching the Groww Nifty EV & New Age Automotive ETF FOF (Fund of Fund). The proposed fund aims to generate long-term capital growth by investing in securities that are part of the Nifty EV & New Age Automotive Index. READ MORE

1:01 PM

700% surge in just 6 months: 25 SME stocks double in 2024; sell or hold?

Of these 109 SME counters, 65 stocks have given a double-digit return (between 10 per cent and 99 per cent), while 25 stocks have more than doubled in price, i.e. return in excess of 100 per cent. The Nifty 50 index, on the other hand, has gained around 10 per cent during this period. READ MORE

12:55 PM

ALERT :: Microsoft, Proximus Group sign strategic partnership

>> Microsoft and Proximus Group have formally signed a 5-year strategic partnership, allowing both companies to strengthen their digital lead and accelerate their innovative offerings to business and residential customers in Belgium and abroad.

>> Both Proximus and Microsoft will reinforce their leadership positions thanks to this partnership.

>> Microsoft will strengthen its use of the best-in-class products of Proximus' international affiliates BICS, Telesign and Route Mobile, while Proximus will benefit from Microsoft's Azure Cloud, leveraging all innovative AI & Data evolutions.
 

12:46 PM

Whirlpool stock zooms 19% on heavy volumes; Here's what triggered the rally

A sharp up move in Whirlpool of India’s stock price was triggered today after a Reuters report stated that German engineering group Robert Bosch is weighing a bid for the US appliances manufacturer Whirlpool; a move that would boost its position in the household appliances market. READ MORE

12:36 PM

IIFL Sec shares slump as former consultant Sanjiv Bhasin faces SEBI probe

According to reports, the market regulator, SEBI is investigating Sanjiv Bhasin for his alleged involvement in market manipulation. Officials from the regulatory body have reportedly seized his digital devices and collected evidence as part of the ongoing probe. READ MORE

12:29 PM

ALERT :: Top contributors towards benchmarks' rally today, June 27

12:18 PM

ALERT :: Nifty tops 24,000, second fastest 1,000-point rally

>> Adds 1,000 points in 23 sessions

12:16 PM

ALERT :: New record highs for Sensex again!

12:12 PM

JSW Energy stock up 4% after arm inks PPA for 1,325 MW renewable projects

The surge in the share price came after the company revealed that JSW Energy Neo via its subsidiary, has signed a power purchase agreement (PPA) for wind and solar projects with cumulative capacity of 1,325 MW, comprising of 1,025 MW with Solar Energy Corporation of India Limited and 300 MW with Gujarat Urja Vikas Nigam Limited.  READ MORE