Sensex gains 191 pts, Nifty nears 22,100; realty, auto shine, IT drops
Stock market highlights on March 22: In the broader markets, too, positive sentiment lifted the BSE MidCap index 0.38 per cent and the BSE SmallCap index 1.06 per cent
3:09 PM
Global check:: US, UK stock futures trade with a mixed bias
Source: Investing.com
2:56 PM
JSW Holdings surges 10% on bulk deal of 59k shares worth Rs 6,253 cr
The share price of JSW Holdings, the investment arm of JSW Group saw a sharp jump of 10.2 per cent at Rs 6,876 in Friday's intraday trade after the company sold its shares through a bulk deal on Thursday. READ MORE
2:43 PM
ALERT:: Century Textiles discontinues textile ops at Guj plant; stock marginally down
Century Textiles in an exchange filing said owing to restructure process of the company's Textile Business operations at Birla Century were discontinued and outsourcing of specialized greige fabric was proposed to be increased from 45,000 meters per day to 1,05,000 meters per day and a VRS scheme was also implemented for the workers/employees.
2:30 PM
Market check:: SmallCaps outperform; BSE SmallCap index up over 1%
2:15 PM
71 Indian companies on FT's Asia Pacific top 500 high-growth list
Seventy-one Indian companies made it into the ranks of the sixth annual "High-Growth Companies Asia-Pacific 2024" report, jointly released by The Financial Times (FT) and Statista, a data company. Electric-vehicle platform Zypp Electric and agritech firm BigHaat claimed the top two ranks, respectively. READ MORE
2:02 PM
Promoter buying lifts this cement stock to 52-week high; do you own it?
Shares of Star Cement advanced 5.3 per cent to Rs 221.5 per share, also its fresh 52-week high, on the BSE in Friday's intraday trade. The stock surpassed its previous high of Rs 219.45, hit on February 12, 2024.
At 1:08 PM, the shares were quoting 3.8 per cent higher at Rs 218.3 per share as against 0.34 per cent rise in the benchmark S&P BSE Sensex. Read
1:43 PM
Newly listed stock freezes at 10% upper circuit; up 110% over issue price
Shares of Jyoti CNC Automation were locked in the 10 per cent upper circuit on BSE at Rs 693.70 in Friday's trade on a healthy business outlook.
The stock of the industrial products company was trading at its highest level since its market debut on January 16, 2024. With today’s rally, the market price of Jyoti CNC Automation has more-than-doubled or zoomed 110 per cent from its issue price of Rs 331 per share. Read
1:29 PM
Budget carrier IndiGo forecasts slowdown in capacity growth next year
InterGlobe Aviation Ltd., which operates India’s biggest airline IndiGo, forecast slower capacity growth in the fiscal year starting April 1.
The budget carrier expects capacity to grow in the “early double digits” next year, with a similar rate of increase in the number of passengers it flies, it said in an analyst presentation Friday. The pace is slower than growth seen in the December quarter and guidance for the current financial year. Read
1:12 PM
Skipper jumps 22% in two days as promoter entity Ventex ups stake to 5.02%
Shares of smallcap company Skipper extended previous sessions's rally to Friday as it soared 12.7 per cent to Rs 292 on the BSE. With this, the stock has jumped nearly 22 per cent since Wednesday's close. Read
12:57 PM
Amber rallies 6% on inking JV pact with Resojet to make washing machines
The JV will also facilitate both the companies to cater to the evolving customer needs, deliver high quality products, and develop the local manufacturing ecosystem in India, it added. READ MORE
12:47 PM
Sarda Energy zooms 14% as JV bags Composite Licence for iron ore block
Natural Resources Energy Pvt. Ltd. – a subsidiary Joint Venture company (NREPL), has been awarded the Letter of Intent for Composite Licence for Surjagad 1 Iron Ore Block in the state of Maharashtra for iron ore for an area of 1,526 hectare. The iron and steel company has 51 per cent economic interest in the JV, the company said in an exchange filing. READ MORE
12:37 PM
ALERT :: KEC International wins order worth Rs 1,004 crore; stock up 2%
12:25 PM
Market Check :: Indices trade range-bound amid lack of triggers
12:13 PM
Hi-Tech Gears hits new high; surges 26% in 2 days on healthy outlook
For the first nine months (April to December) of financial year 2023-24 (9MFY24), Hi-Tech Gears had posted consolidated profit after tax (PAT) of Rs 96.4 crore. The company reported PAT of Rs 23.1 crore in the entire previous fiscal 2022-23 (FY23). In 9MFY24, EBITDA (earnings before interest, taxes, depreciation, and amortization) stood at 13.3 per cent, as compared to 12.09 per cent in FY23. READ MORE
12:03 PM
Govt rejects Hindustan Zinc's plans to split company into different units
The Indian government is the largest minority shareholder in Hindustan Zinc, owning a 29.54 per cent stake, but was not consulted by the company when it decided to split the firm to create separate entities for its zinc, lead, silver and recycling business, the government source said requesting anonymity. READ MORE
Topics : Stock Market Sensex MARKET LIVE MARKET WRAP S&P BSE Sensex Gift Nifty NSE Nifty50 benchmark index Markets
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First Published: Mar 22 2024 | 7:43 AM IST