Sensex snaps 3-day winning run, ends 362 pts down; Airtel, HDFC Bank drag

Market wrap on March 26, 2024: The NSE Nifty 50 shed 92 points, but managed to end above 22,000-mark. The BSE MidCap index, outperformed and finished with a gain of 0.7 per cent.

11:03 AM

Breakout stocks: SRF, Shoppers Stop can rally up to 10%, hint tech charts

Alok Industries, Chambal Fertilisers, Shoppers Stop and SRF are among the select Nifty 500 stocks that seemed to have turned favourable, and hold promise of a potential trend reversal, based on the recent price action.

These four stocks have managed to scale back above the 30-day EMA (Exponential moving Average) and further the Parabolic SAR (Stop and Reversal) indicator signaled a favourable trend going ahead. Read more

10:51 AM

Trust Fintech SME IPO opens today: Check GMP, anchor issue & other details

The initial public offering (IPO) of small and medium enterprise (SME) Trust Fintech will open for public subscription on Tuesday, March 26 and close on Thursday, March 28. The price band for the offer is Rs 95-101 and the company is aiming to raise Rs 63.45 crore via a fresh issue of nearly 6.3 million shares. Read more

10:45 AM

Indus Towers at over 2-yr high; Citi maintains buy, bull-case target Rs 400

Shares of Indus Tower hit an over two year high of Rs 284.40 as they rallied 5 per cent on the BSE in Tuesday's intraday trade amid heavy volumes, in an otherwise subdued market. In the past two trading days, the stock of the telecom Infrastructure company has surged 14 per cent. Read more

10:42 AM

Tata powers Rekha Jhunjhunwala's portfolio in 2024; outperforms markets

A sharp run-up by up to 27 per cent in Tata Group stocks has helped Rekha Jhunjhunwala to outperform not only the market, but also portfolio returns of the other marquee investors such as Mukul Mahavir Agarwal, Ashish Dhawan, Ashish Kacholia, Vijay Kedia and Anil Kumar Goel & Seema Goel.

Thus far in calendar year 2024 (CY24), Rekha Jhunjhunwala’s net worth increased by over 7 per cent, or Rs 2,865 crore, as compared to less than 1 per cent rise in the S&P BSE Sensex. As on March 22, 2024, the combined net worth of Rekha Jhunjhunwala has stood at Rs 41,676 crore, up 7.4 per cent, as against Rs 38,811 crore at the end of December 31, 2023. Read more

 

10:28 AM

Heatmap: Tata Motors, Bajaj Fin up in opening deals

10:20 AM

Nifty holds 22k in early trade

10:17 AM

Major NSE indices in red

10:14 AM

BSE Sensex down 250 pts in early trade

9:55 AM

IIFL, Delhivery among top losers on BSE

9:52 AM

Top gainers on BSE

Max Financial Services and Electrosteel Castings were among the top gainers in early deals. 

9:45 AM

Broader market check

9:10 AM

Pre-Open Session :: Nifty nears 21,950

9:08 AM

Pre-Open Session :: Sensex declines over 400 points

9:05 AM

Currency Check :: Rupee starts 8 paise higher

8:59 AM

Explainer: What are meme coins and should you add them in your portfolio?

Meme coins are subject to extreme changes in value over short periods, driven by the current buzz surrounding the token. They typically have a massive or uncapped supply, leading to very low values per token. These coins leverage blockchain technology, often utilising smart contracts on platforms like Ethereum and Solana. READ MORE