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Stock Market Highlights, April 3: Sensex, Nifty end flat; smallcaps extend rally; Bharti Hexa IPO subscribed 30%

Stock market Update on Wednesday, April 03: Till 3:30 PM, Bharti Hexacom IPO was subscribed 30 per cent led by retail investors

Image SI Reporter Mumbai
Photo: Bloomberg

Photo: Bloomberg

10:39 AM

Anupam Rasayan sprints 7% on signing $90-mn LoI with Japanese MNC

Shares of Anupam Rasayan rallied 7 per cent to Rs 945 on the BSE on Wednesday after the speciality maker signed a letter of intent (LoI) with a prominent Japanese multinational. At 10:12 AM, the shares were quoting 3 per cent higher at Rs 911 as against a 0.12 per cent dip in the benchmark S&P BSE Sensex.

In an exchange filing, Anupam Rasayan said it has signed a Letter of Intent (LoI) with a leading Japanese multinational company worth revenue of nearly $90 million (Rs 743 crore) over next seven years. Read more
 
10:29 AM

SRM Contractors freezes at 5% upper circuit; up 12% against issue price

Shares of SRM Contractors locked in 5 per cent upper circuit at Rs 236.20, a 12.5 per cent gain against its issue price of Rs 210 on the BSE in Wednesday's intra day deals. The trade saw only buyers seen on the counter on its market debut. A combined 1.1 million equity shares changed hands and there are pending buy orders for 0.97 million shares on the National Stock Exchange (NSE) and BSE. Read more

10:06 AM

Adani Green becomes first Indian firm with 10K MW renewable energy capacity

Adani Green Energy Ltd on Wednesday said it has commissioned 2,000 MW of solar capacity at the giant Khavda solar park in Gujarat that has made it the first company in India with over 10,000 MW of renewable energy capacity.

The company now has an operating portfolio of 10,934 MW, largest in India. Read more
9:53 AM

Adani Power hits record high; rallies 18% in 4 days on healthy outlook

Shares of Adani Power hit a record high of Rs 611.75, as they rallied 4 per cent on the BSE in Wednesday’s intra-day trade on a healthy business outlook in otherwise a weak market.

The stock of the Adani Group integrated power utilities company is quoting higher for the fourth straight trading days, surging 18 per cent during this period. It surpassed its previous high of Rs 589.30 touched on December 6, 2023. In comparison, the S&P BSE Sensex was quoting down 0.4 per cent at 73,618 at 09:23 AM. Read more
Adani power

9:47 AM

ALERT :: HDFC MF to discontinue accepting lump sum inflows into its Nifty Realty Index Fund

>> Starting Monday, HDFC Mutual Fund will discontinue accepting lump sum inflows into its HDFC Nifty Realty Index Fund from Monday, the company's website said.
 
>> Systematic investment plans & SIP top-ups will also be limited to Rs 1 lakh

>> The fund house, however, said there will be no restrictions on redemptions, switch-out, and registration of a fresh systematic withdrawal plan.

 
9:34 AM

Bharti Hexacom IPO opens today: Price band, offer size, GMP, review & more

Bharti Hexacom's Rs 4,275-crore initial public offer will open for subcription on Wednesday, April 3. With a price band of Rs 542 to Rs 570, the issue will remain open till Friday, April 5.   

At the upper price band, the company will command a market capitalisation of Rs 28,500 crore post the offer. Read more
ipo market listing share market

9:28 AM

Hindalco, Shriram Fin gain on Nifty

9:24 AM

Nifty Realty, FMCG lead sectoral losses

9:22 AM

Broader market check

9:20 AM

Bharti Airtel, Bajaj Fin lead losses on Sensex

9:19 AM

Opening bell: Nifty down 100 pts to 22,350

9:17 AM

Opening bell: Sensex slips 250 points to 73,646

9:05 AM

Pre-open: Nifty at 22,550

9:02 AM

Pre-open: Sensex up 150 points to 74,054

9:01 AM

Mutual funds' equity buying hits record Rs 45,120 crore in March

Domestic mutual funds (MFs) injected a record Rs 45,120 crore into domestic stocks in March, marking their highest ever buying in a month. This surge in domestic fund inflows took place amid a selloff in smallcap and midcap stocks, and the execution of large block trades in blue-chip companies. READ MORE

mutual fund equity market

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First Published: Apr 03 2024 | 7:43 AM IST

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