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Stock Market Highlights, June 10: Sensex snaps 3-day winning run, dips 203 pts; IT, HDFC Bank weigh

Stock Market Highlights on June 10: The broader markets, however, stayed afloat with the BSE MidCap, and SmallCap indices adding up to 1 per cent

Image SI Reporter New Delhi
BSE NSE, Bull market, Indian share market

The Bombay Stock Exchange (BSE) building in Mumbai. Photographer: Dhiraj Singh/Bloomberg

2:21 PM

Motilal Oswal surges 19%, hits all-time high as shares trade ex bonus

MOSL began trading ex-bonus during Monday's session, indicating that the bonus shares issued to shareholders are now available for trading on the index. READ MORE

Motilal Oswal Financial Services



2:11 PM

This smallcap iron & steel firm plans share buyback; stock up 187% in 1 yr

The board of directors of Godawari Power & Ispat is scheduled to meet on Saturday, June 15, 2024 to consider and approve a proposal for buyback of equity shares. READ MORE

molten steel, steel industry
2:01 PM

Samvardhana Motherson gains 4% on Moody's rating upgrade; Outlook 'stable'

The auto components manufacturer's stock price jumped after Moody's Rating upgraded the credit rating of SAMIL and Samvardhana Motherson Automotive Systems Group B.V (SMRP B.V). READ MORE

Samvardhana Motherson International

1:49 PM

Rallis India hits 32-month high; soars 14% on favourable volume outlook

The company's portfolio of Crop Protection, Crop Nutrition and Improved Seeds supported by wide market reach, aims to address the emerging needs of the Indian farming community. READ MORE

Sensex, Nifty, stock brokers
1:38 PM

Here's a list of key global events that await Modi govt in its third term

With the NDA leaders' oath ceremony now complete, here's a look at the key global events the Modi 3.0 government will focus on to continue advancing its diplomatic agenda. READ MORE

Narendra Modi, PM Modi, Modi
1:27 PM

Suzlon dips 4% as director flags corporate governance issues; time to sell?

Analysts at ICICI Securities said that Suzlon has been focused on debt reduction and efficient management of working capital in the last 15 months. It will look to improve corporate governance further. READ MORE

Stock broker, broker, trader, market, markets, stock markets, stock, market crash, market fall, loss

1:17 PM

Dalmia Bharat stock surges after subsidiary acquires stake in solar firm

Dalmia Bharat shares surged by 2.93 per cent at Rs 1,862.10 per share on the Bombay Stock Exchange (BSE) in Monday's intraday deals. READ MORE

Stock market rally, bull trading, Sensex, nifty

1:07 PM

This bank stock has surged 55% in 4 days; zoomed 103% from listing day low

Shares of Jana Small Finance Bank (Jana SFB) hit a record high of Rs 740 as they rallied 15 per cent on the BSE in Monday's intraday trade, amid heavy volume, in an otherwise rangebound market. READ MORE

JANA SFB
12:56 PM

EIH Associated Hotels surges 17%, hits record high on bonus issue plan

EIH Associated Hotels said that its board will meet on Friday, June 14, 2024, to consider and recommend, capitalisation of reserves by issuing bonus shares to the equity shareholders of the company. READ MORE

Sensex, BSE, stock markets
12:44 PM

Market at record high but a fifth of Nifty 500 stocks trade below 200-DMA

The 200-DMA is a key long-term moving average in determining a bullish and bearish trend for any stock or underlying index.  READ MORE

Buy, Sell, markets, stocks, shares, investments, mutual funds, investors

12:34 PM

Kronox Lab Sciences debuts with 21% premium over issue price, slips later

Kronox Lab Sciences listing: While the listing marked a positive performance, it fell short of pre-listing expectations fueled by the high grey market premium (GMP). READ MORE

Photo: Bloomberg

12:25 PM

Mphasis block deal: Stock slips 5% after nearly 30 mn shares change hands

Mphasis share price: While the buyers and sellers could not be ascertained, reports said BCP Topco, an affiliate firm of BlackStone, was the likely seller. READ MORE

Mphasis

12:15 PM

Indian bond yields inch higher as US peers jump on robust economic data

Indian government bond yields rose at the start of the week, tracking a spike in US Treasury yields after strong economic data dampened bets of rate cuts by the Federal Reserve. READ MORE

Bond yields slide as reports tout progress in global listing of Indian debt

12:05 PM

KEC International soars 8% on securing multiple orders; details here

KEC International's transmission and distribution (T&D) business has received orders for T&D projects in India, East Asia Pacific, and the Americas. READ MORE

A broker laughs while speaking to a colleague, as they trade on their computer terminals at a stock brokerage firm in Mumbai
11:56 AM

Japan's economy shrinks 1.8% in Q1, slightly less than previous forecast

The Japanese economy shrank at an annual rate of 1.8 per cent in the first quarter of this year, slightly better than the initial estimate at a 2.0 per cent contraction, according to revised government data Monday. READ MORE

Japan flag, Japan

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First Published: Jun 10 2024 | 7:33 AM IST

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