Stock Market Highlights, June 11: Sensex, Nifty end flat on late sell-off; RIL, ITC weigh

Stock Market highlights on Tuesday, June 11, 2024: The BSE Sensex ended 33 points lower at 76,457, while the Nifty was up six points at close; Broader indices, however, settled with decent gains.

2:19 PM

This Tata group stock has zoomed over 100% since April; do you own it?

Shares of Tejas Networks (Tejas) hit a record high of Rs 1,413.70 as they rallied 10 per cent on the BSE in Tuesday's intraday trade on a healthy outlook. In the past four trading days, the stock of the Tata group company has bounced back 40 per cent from its recent low of Rs 1,007.60 touched on Wednesday, June 6. READ MORE

2:07 PM

RailTel share gains 10% in two days on receiving new orders; details here

Shares of RailTel Corporation of India surged by 8.8 per cent at Rs 418.50 per share on the BSE in Tuesday's intraday trade. The stock extended its rally from the previous day. READ MORE

1:55 PM

Aavas, HUDCO: Shares of housing finance firms zoom up to 11%; here's why

Affordable Housing remains a focused segment with high operational intensity and companies with mono-product focus can deliver better outcomes in the long run. READ MORE

1:42 PM

ALERT:: Sensex at day's high, up 300 points

1:32 PM

Tata Motors turns net debt free in FY24; shares recover 2.5% from lows

Automaker Tata Motors' shares bounced 2.5 per cent from lows after the company said it has achieved net debt-free status for the financial year 2024 (FY2024). READ MORE

1:21 PM

ALERT:: IRM Energy informs resignation of EVP; stock trades flat

IRM Energy in an exchange filing today said, Manas Khaire has tendered his resignation from the position of Executive Vice President - CNG removal, death or otherwise Projects & O&M (Senior Management Personnel) of the company vide his letter dated June 10, 2024.

1:13 PM

Gopal Snacks zooms on new product launch; stock falls 17% from issue price

Shares of Gopal Snacks surged by 3.1 per cent at Rs 331.10 per share on the BSE in Tuesday’s intraday trade. The stock, however, has slipped 17.4 per cent from its issue price in the last three months. The FMCG company got listed on BSE and NSE on March 14, 2024.  READ MORE

1:04 PM

Tata Chemicals share price jumps 3% after ANSAC raises soda ash prices

Shares of Tata Chemicals soared by 3.1 per cent at Rs 1,120 per share on the BSE in Tuesday’s intraday trade. This came after a US based distributor American Natural Soda Ash Corporation (ANSAC) hiked prices of soda ash. Soda ash is a key product for Tata Chemicals.  READ MORE

12:53 PM

Domestic passenger vehicle sales rise 4% in May to 347,492 units: SIAM

Passenger vehicle wholesales in India increased 4 per cent year-on-year in May to 347,492 units, as compared to the same month last year, industry body SIAM said on Tuesday. READ MORE

https://www.business-standard.com/industry/auto/domestic-passenger-vehicle-sales-rise-4-in-may-to-347-492-units-siam-124061100289_1.html?1718089637

12:42 PM

This infra stock has zoomed over 100% in 1 year; Elara sees more upside

Hindustan Construction Company rallied 15% to Rs 45.62 amid heavy volumes as Elara Capital initiated coverage on the stock with a 'Buy' rating. READ MORE

12:30 PM

Paytm, Zomato: Key levels to track on new-age stocks amid F&O entry buzz

New-age stocks such as PolicyBazaar, Nykaa and Delhivery too may be included in the F&O segment as Sebi proposes key changes in stock selection. READ MORE

 

12:18 PM

Repco Home shares drop over 2% on CFO resignation; up 28% in 3 months

The fall came after the company announced that K Lakshmi tendered her resignation as chief financial officer (CFO). READ MORE

12:09 PM

Hyundai Motor India prepares for IPO filing, potential to raise $2.5 bn

Hyundai Motor India IPO: Indian unit of the Korean automaker is expected to file a DRHP with Sebi within the next two weeks. READ MORE

11:55 AM

Block deal: Mamaearth slides 5% after 6.6 mn shares change hands

Shares of Honasa Consumer, parent company of Mamaearth dropped by 4.8 per cent at Rs 435.05 per share on the BSE in Tuesday's early morning trades. READ MORE

11:41 AM

State-owned BPCL planning to set up new refinery worth Rs 50,000 crore

The state-run oil marketing company will invest around Rs 50,000 crore in the project and is currently assessing locations in three states - Andhra Pradesh, Uttar Pradesh, and Gujarat. READ MORE