Stock Market Highlights, July 11: Mid, small-caps outshine Sensex, Nifty; Oil, shipping stocks soar

Stock Market Highlights on Thursday, July 11, 2024: The BSE Sensex ended at session 27 points lower at 79,897, while the Nifty50 closed at 24,316, down 8.5 points

11:23 AM

ALERT :: Ahluwalia Contracts bags order from Airport Authority worth Rs 893 crore

Check details here

11:13 AM

ALERT :: RVNL wins order worth Rs 138.45 crore; stock up over 4%

11:02 AM

Sula Vineyards stock price gains on highest ever Q1 revenue of Rs 130 crore

“We are pleased to announce our highest ever Q1 Net Revenue, although wine consumption and tourism during the quarter were impacted by several dry days nationwide and locally during the Lok Sabha elections and the scorching heatwave conditions,” said Rajeev Samant, CEO, Sula Vineyards. READ MORE

10:45 AM

Glenmark Pharma shares slide on plans to divest stake in Glenmark Life

Under the terms of the share purchase agreement, Nirma had acquired 91.9 million equity shares, making it the promoter of GLS. The acquisition involved 75 per cent of the current issued and paid-up equity share capital of GLS from Glenmark Pharmaceuticals. READ MORE

10:38 AM

Market Check :: Nifty slips below 24,300

10:36 AM

Market Check :: Sensex declines over 250 pts

10:26 AM

YES Bank stock rallies 8% on Moody's rating upgrade to 'positive'

At 09:35 am; YES Bank was trading 6.6 per cent higher at Rs 26.61, as compared to 0.01 per cent decline in the BSE Sensex. The counter saw huge volumes, with a combined 257.52 million shares changing hands on the NSE and BSE. READ MORE

10:15 AM

TCS share price zooms ahead of Q1FY25 results; key things to watch

The Indian IT giant is expected to report a single-digit growth in its topline and bottomline for (Q1FY25). The growth is led by recovery in the flow business and clients’ willingness to resume discretionary spending, however, wage hikes will be negatively impacting its margins, analysts said in their preview notes. READ MORE

10:05 AM

New Listing :: Ambey Labs lists at Rs 85 vs issue price of Rs 68 on NSE

9:59 AM

ALERT :: HPL Electric bags order worth Rs 2,100.7 crore

>>  HPL Electric & Power Limited has received work orders/Letter of Award of Rs 2,100.71 crore from their regular leading customers for the supply of smart meters in the normal course of business

 

9:54 AM

Crude oil outlook :: Oil may remain sideways, Natural Gas looks weak

Source: Angel One

9:49 AM

Gold, Silver outlook :: Angel One says precious metals to trade sideways

9:42 AM

Market Check :: Sensex pares gains, turns flat

9:38 AM

Glenmark Life slips in trade; Glenmark Pharma and Glen Saldanha mull stake sale

>> Glenmark Pharma and Glen Saldanha plan to sell up to 7.85 per cent of their stake via an Offer for Sale (OFS) at a minimum price of Rs 810 per share.

9:35 AM

Sula Vineyard pares gains; Co posts highest-ever Q1 revenue

>> Sula Vineyards reported its highest-ever Q1 revenue, with overall net revenue up by 9.7 per cent YoY to Rs 129.6 crore.

>> Revenue from own brands increased by 2.7 per cent YoY to Rs 104.4 crore.

>> Wine consumption and tourism were affected during the quarter due to dry days surrounding the Lok Sabha elections and heatwave conditions.