Stock Market Today

Date: 28 March 2024 Stock Market Highlights

On the final day of FY24, the market recorded significant gains, continuing its winning streak into the second consecutive session on March 28 (F&O expiry day). 

• Sensex concluded the day with a rise of 655.04 points (0.90%), reaching 73,651.35.
• Nifty closed higher by 203.25 points (0.92%) at 22,326.90.
• Bank Nifty saw an increase of 338.65 points (0.72%), settling at 47,124.60.

Top Gainers of Nifty 50

Top Losers of Nifty 50

52 Week High Stocks of Nifty 50

Roundup of Stock Market Today

Sector Update

• Sectoral indices showed gains across various sectors.
• Auto, healthcare, metal, power, and capital goods sectors saw a 1% increase.
• Oil & gas, Information Technology, bank, realty, and FMCG sectors gained 0.5% each.
• BSE midcap index rose by 0.6%.
• Smallcap index increased by 0.3%.

Market Update

• ICICI Securities' shareholders have approved the Scheme of Arrangement for the company's delisting from the stock market and integration into ICICI Bank.
• Reliance Industries secures a 20-year power purchase agreement with an Adani Power subsidiary.
• Jio Financial Services invests Rs 2.5 crore in Reliance International Leasing IFSC.
• Biocon receives approval for its diabetes drug, Liraglutide, in the U.K.
• Mahindra Lifespace Developers acquires a 2-acre land parcel in Bengaluru.
• HDFC Life receives an Income Tax Order of Rs 2,883.01 crore.
• BHEL bags an order to set up a 2x800 MW thermal power plant.
• Kalpataru Projects secures new orders totaling Rs 2,071 crores.
• GOCL Corporation signs an MoU with Squarespace Builders to monetise 264.5 acres of land.
• The US FDA issues four observations for Zydus Lifesciences' Onco injectable manufacturing plant in Ahmedabad.
• Dr. Reddy’s Laboratories signs an exclusive distribution partnership with Sanofi Healthcare India.
• Emami signs a share purchase agreement to acquire the remaining 4.64% stake in Brillare Science, making it a wholly-owned subsidiary.
• Cyient partners with Deutsche Aircraft to design the rear fuselage section of the D328eco aircraft.
• Tata Elxsi partners with Drager to drive critical care innovation in India.
• Kotak Mahindra Bank acquires 100% of the issued and paid-up capital of Sonata Finance Private Limited for approximately Rs 537 crore.
• EaseMyTrip extends its partnership with the Yuva Kabaddi Series.
• Thomas Cook plans to make further investments in its subsidiary.
• Delta Manufacturing will form a joint venture with Spain-based PREMO, S L.
• IOC revises the cost of the Cauvery Basin Refinery and Petrochemicals project from Rs 29,361 crore to Rs 33,023 crore.
• The USFDA issues Form 483 with 10 observations for the Baddi manufacturing facility of Alkem Laboratories.
• DCM Shriram Industries' board declares an interim dividend of Rs 2 per equity share.
• Salasar Techno Engineering's JV secures a contract worth Rs 596.21 million.
• PPFAS Mutual Fund purchases shares worth Rs 88 crore in Zee Entertainment.
• Kotak Mahindra Mutual Fund buys shares worth Rs 51 crore in Vijaya Diagnostic Centre.
• Salasar Techno receives a $7.15 million order for the Rwanda Transmission System.
• Astra Micro bags an order worth Rs 385 crore from BEL.
• SRM Contractors IPO subscribed 86.57 times on the final day of the bidding.

Date: 27 March 2024 Stock Market Highlights

The stock market today rebounded, reversing losses from the previous session. This upturn was fueled by significant buying activity in heavyweight stocks and sectors.

• Sensex closed with a gain of 526.01 points, reaching 72,996.31.
• Nifty closed 119 points higher, ending at 22,123.70.
• Bank Nifty increased by 185.75 points, concluding at 46,785.95.

Top Gainers of Nifty 50

Top Losers of Nifty 50

52 Week High Stocks of Nifty 50

Roundup of Stock Market Today

Sector Update

• Sectors such as auto, bank, capital goods, power, realty, and telecom witnessed gains ranging from 0.5 to 1 percent.
• Sectors including metal, IT, and media experienced declines ranging from 0.3 to 0.5 percent.
• BSE midcap index closed flat.
• Smallcap index rose by 0.7 percent.

Market Update

• HCL Tech secures digital and customer services order from Finland-based Oriola Corp.
• Tata Motors' arm Tata Passenger Electric Mobility partners with HPCL to enhance EV charging infrastructure.
• Lupin received a demand order of Rs 477.28 crore from the Income Tax Department of the Government of India.
• lPCA Laboratories enters into a Technology Transfer Agreement with Omexa Formulary.
• Sanofi and Cipla signed an exclusive distribution partnership to expand the reach of the CNS portfolio in India.
• Shyam Metalics and Energy's joint venture with NREPL receives a letter of intent for a composite license for the Surjagad-1 iron ore block.
• Beige (an investment company) offloads a 2.9% stake worth Rs 2,469.7 crore in Mankind Pharma.
• PTL Enterprises receives an income tax demand notice of Rs 25.9 crore.
• Larsen & Toubro’s Construction's Buildings & Factories (B&F) vertical wins multiple orders in domestic and international markets.
• Brahmaputra Infrastructure receives LoA worth Rs 59.84 crore.
• Century Plyboards announces the successful commencement of commercial production at the newly set-up MDF unit of its wholly-owned subsidiary Century Panels Ltd. in Andhra Pradesh.
• RITES opens a Branch Office in Abu Dhabi, UAE, to explore regional business opportunities.
• Titan Company liquidates wholly-owned subsidiary TCL Watches Switzerland AG.
• CCI approves 100% acquisition of Lanco Amarkantak Power by Adani Power.
• Titan Intech approves a bonus share issue of 3 equity shares for every 5 equity shares held by equity shareholders.
• Indian Hotels infuses $6.5 million in its Netherlands-based subsidiary.
• Apollo Pipes acquires controlling stake in Kisan Mouldings.
• Welspun Corp's subsidiary finalizes investment for the next growth pipeline in multiple states.
• Dynacons Systems & Solutions bags an order worth Rs 42 crore.
• SRM Contractors IPO subscribed 17.39 times on the second day of the bidding.

Date: 26 March 2024 Stock Market Highlights

On March 26, amidst a volatile session, the markets halted a three-day winning streak, closing lower with the Nifty hovering around 22,000.

• Sensex fell by 361.64 points (0.50%), reaching a closing figure of 72,470.30.
• Nifty declined by 92.05 points (0.42%), ending the day at 22,004.70.
• Bank Nifty decreased by 263.55 points (0.56%), finishing at 46,600.20.

Top Gainers of Nifty 50

Top Losers of Nifty 50

52 Week Low Stocks of Nifty 50

FII & DII Activity

FII Net Purchase is of Rs 10.13 Cr
DII Net Purchase is of Rs 5024.36 Cr

Roundup of Stock Market Today

Sector Update

• IT sector declined by 0.5 percent.
• Capital goods, realty, oil & gas, and metal sectors increased by 0.5-1 percent.
• BSE Midcap index increased by 0.7 percent.
• Smallcap index remained unchanged.

Market Update

• Adani Ports is set to acquire a 95% stake in Gopalpur Ports.
• Tejas Networks announces a strategic partnership with Telecom Egypt.
• HUL secures a 22.2% stake in a special purpose vehicle (SPV) for Rs 2.23 lakh.
• Reliance Industries will purchase 100% of the stake in MSKVY Nineteenth Solar SPV & MSKVY Twenty-second Solar SPV from MSEB Solar Agro Power.
• Lupin plans to transfer its trade generics business in India to subsidiary Lupin Life Sciences on a slump sale basis.
• Hinduja Global Solutions signs an agreement to sell optical fibre assets to its subsidiary.
• Dr. Reddy's enters into a licensing agreement with Pharmazz, Inc. to market Centhaquine in India.
• Welspun Corp's associate company EPIC to terminate a Rs 339 crore contract with Aramco.
• Ambuja Cements divests 2% stake in Sanghi Industries.
• Hindustan Aeronautics secures an export order worth Rs 194 crore with the Guyana Defence Force.
• RailTel Corporation's share price rises by 2% on an order win worth Rs 36.35 crore.
• JSW Energy subsidiary to acquire the 45 MW Vashpet wind project from Reliance Power.
• Rail Vikas Nigam signs a Memorandum of Understanding (MoU) with the Airports Authority of India.
• NBCC sells Rs 1,905 crore of commercial space in The World Trade Centre, New Delhi, through auction.
• Shivalik Rasayan received approval from GIDC to construct RG-4 at Dahej Unit-I.
• Fortis Healthcare subsidiary receives an income tax demand notice of Rs 89.53 crore.
• Exide Industries invests Rs 110 crore in Chloride Metals through the subscription of equity shares on a rights basis.
• Shipping Corporation of India transfers all its 16 non-core assets at Kolkata to Shipping Corporation of India Land & Assets(SCILAL).
• UltraTech Cement commissions 1 MTPA brownfield cement capacity at Roorkee, Uttarakhand.
• In Q3, R K Swamy's net profit rose by 16.7% to Rs 5.6 crore, while revenue declined by 5.3% to Rs 72 crore compared to the previous year.
• Uno Minda enters into a technical license agreement with Starcharge Energy Pte.
• Hindustan Unilever completes the acquisition of a 22.33% stake in Transition Sustainable Energy Services One.
• KP Energy commissions a 16.8MW ISTS-connected wind power project at the Sidhpur site in Devbhoomi Dwarka.
• Wonderla Holidays has received board approval to set up an adventure park as an expansion of the Bangalore resort.
• Solara Active Pharma Sciences to sell 100% shareholding in subsidiary Sequent Penems.
• Ceinsys Tech received a work order from the Industries Department of Maharashtra.
• DBS Bank acquires a 5.26% stake in Asian Hotels (North).
• SRM Contractors IPO subscribed 3.32 times on the first day of the bidding.

Date: 22 March 2024 Stock Market Highlights

The stock market today closed higher, marking the third consecutive session of gains fueled by broad sectoral buying, with the exception of the IT sector.

• The Sensex rose by 190.75 points (0.26%), reaching a closing figure of 72,831.94.
• Nifty climbed by 84.80 points (0.39%), ending the day at 22,096.75.
• Bank Nifty gained 178.85 points (0.38%), finishing at 46,863.75.

Monday, 25th March 2024, will be a trading holiday on account of Holi. The evening session of Commodities will remain open from 5 PM onwards

Top Gainers of Nifty 50

Top Losers of Nifty 50

52 Week High Stocks of Nifty 50

52 Week Low Stocks of Nifty 50

FII & DII Activity

FII Net Sale is of Rs 3309.76 Cr
DII Net Purchase is of Rs 3764.87 Cr

Roundup of Stock Market Today

Sector Update

• Metal, auto, realty, FMCG, capital goods, healthcare, and power sectors saw an increase of 0.5-1 percent.
• The IT index saw a decline of 2 percent.
• The BSE midcap index rose 0.3 percent.
• The smallcap index increased by 1 percent.

Market Update

• Wipro IT Services enters into an agreement with General Motors and Magna International.
• Prestige Group purchases 62.5 acres of land in Indirapuram Extension, NCR.
• Sarda Energy's JV arm receives a Letter of Intent for a composite license for the Surjagad 1 iron ore block in Maharashtra.
• Mazagon Dock Shipbuilders acquire land and building measuring 14.55 acres on a long-term lease basis.
• Mahindra Lifespace Developers launches a residential project in Bengaluru South.
• Crompton Greaves Consumer Electricals receives a tax demand notice of Rs 68.67 crore.
• Tata Communications to transfer its digital services business to its subsidiary Novamesh for Rs 458 crore.
• Castrol partners with KTM to enhance performance.
• MICL Group acquires another project in South Mumbai.
• Lemon Tree Hotels signs a new hotel property in Ranchi, Jharkhand.
• Welspun Corp announces line pipe orders worth Rs 2,309 crore from both the US and India.
• Prestige Estates Projects' stock surges 4% after acquiring 62.5 acres in NCR.
• KEC International secures new orders worth Rs 1,004 crores across its various businesses.
• USFDA issues no observations to Neuland Laboratories.
• Star Housing Finance signs a co-lending partnership with Tata Capital Housing Finance.
• Hero MotoCorp introduces a category-first EV ownership package.
• Century Textiles discontinues operations at its Bharuch plant.
• SRM Contractors IPO to open for subscription from Tuesday, 26th March 2024.

Date: 21 March 2024 Stock Market Highlights

The stock market today closed higher following a surge in global markets. This was prompted by the US Federal Reserve's decision to uphold its forecast of three rate cuts for the year, thereby bolstering investor confidence.

• The Sensex experienced an increase of 539.50 points (0.75%), settling at 72,641.19.
• Nifty witnessed a surge of 172.85 points (0.79%), concluding the day at 22,011.95.
• Bank Nifty saw an increase of 374 points (0.81%), closing at 46,684.90.

Top Gainers of Nifty 50

Top Losers of Nifty 50

52 Week High Stocks of Nifty 50

52 Week Low Stocks of Nifty 50

FII & DII Activity

FII Net Sale is of Rs 1826.97 Cr
DII Net Purchase is of Rs 3208.87 Cr

Roundup of Stock Market Today

Sector Update

• Nifty Realty and Nifty PSU Bank had the highest gains.
• Nifty Bank and Nifty FMCG had the lowest gains.
• Overall, all sectors ended positively.
• BSE Midcap and BSE Smallcap gained over 2 percent.

Market Update

• Sasken Technologies purchases a 60% stake in Anups Silicon Services.
• Prince Pipes acquires Aquel bathware brand and a plant in Gujarat for Rs 55 crore.
• Rail Vikas Nigam emerges as the lowest bidder for a project valued at Rs 167 crore.
• Crompton Greaves Consumer Electricals secures another solar water pumping system order from HAREDA in Haryana.
• DroneAcharya partners with Hadron Aviation to jointly develop diploma and certificate courses for drones.
• Torrent Power buys SPV - Solapur Transmission from PFC Consulting.
• Gensol Engineering successfully commissions a 10.6 MWp single rooftop solar project in Madhya Pradesh.
• RailTel Corporation of India receives a work order from Bihar Education Project Council for supply, totaling Rs. 99,01,95,806 (Including Tax).
• M&M signs MoU with Adani Total Energies e-Mobility for EV charging infrastructure.
• Amber Enterprises signs a definitive agreement to acquire a 50% stake in Resojet for washing machine manufacturing.
• Blue Dart launches a unified shipping API software platform catering to all logistics requirements.
• Deepak Nitrite's arm commences manufacturing operations at the Dahej fluorination plant.
• Zaggle Prepaid signed an agreement with Expleo Solutions for the Zaggle Save platform.
• TVS Holdings' board approves an interim dividend of Rs 94 per share.
• TCS signs a 7-year multimillion-dollar deal to transform global IT infrastructure for Ramboll.
• Krystal Integrated Services listed on NSE at Rs 785, a 9.7% premium over the Rs 715 issue price. It peaked at Rs 793 intraday, closing at Rs 712, 0.30% below the issue price.

Date: 20 March 2024 Stock Market Highlights

The stock market today concluded with moderate gains following a turbulent session, with investors maintaining caution in anticipation of the Federal Open Market Committee (FOMC) meeting outcome.

• The Sensex experienced an increase of 89.64 points (0.12%), settling at 72,101.69.
• Nifty witnessed a surge of 21.65 points (0.10%), concluding the day at 21,839.10.
• Bank Nifty saw a drop of 73.91 points (0.16%), closing at 46,310.90.

Top Gainers of Nifty 50

Top Losers of Nifty 50

52 Week High Stocks of Nifty 50

52 Week Low Stocks of Nifty 50

FII & DII Activity

FII Net Sale is of Rs 2599.19 Cr
DII Net Purchase is of Rs 2667.52 Cr

Roundup of Stock Market Today

Sector Update

• Automobile, FMCG, real estate, oil & gas, and power sectors saw 0.5% to 1% increase.
• The metal index experienced a decline of almost one percent.
• BSE mid and smallcap indices ended flat.

Market Update

• Aster DM Healthcare's separation plan is nearing completion.
• Jyoti Structures' board approves a rights issue, offering 6 shares for every 17 held.
• Bharti Airtel's subsidiary, Bharti Hexacom, receives Sebi approval for IPO.
• Aurobindo Pharma obtains USFDA approval for Mometasone Furoate Monohydrate nasal spray.
• Central Bank in the US selects TCS BaNCS for core technology modernization.
• CCI greenlights UltraTech Cement's acquisition of Kesoram's cement business.
• Persistent Systems executes SPA to transfer Persistent Systems UK from Aepona Group to itself.
• Ramky Infrastructure secures two contracts with Greater Chennai Corporation.
• Adani Tradecom, a subsidiary of Adani Enterprises, acquires 49% stake in Adani Green Tech from Adani Trading Services.
• CreditAccess Grameen faces a tax demand order of Rs 46 crore.
• ICICI Prudential MF invests Rs 193 crore in shares of Star Health.
• NSE removes IREDA from several indices due to non-compliance with SEBI portfolio concentration norms.
• Himadri Speciality approves the acquisition of 40% equity shares of Invati Creations.
• Kotak Mahindra Bank receives a GST notice of Rs 33.63 lakh.
• Time Technoplast receives PESO approval to manufacture high-pressure Type-IV composite cylinders for hydrogen.
• Anup Engineering's board approves issuing bonus equity shares in a 1:1 proportion.
• Yes Bank transfers stressed loan exposure in Katerra India to Prudent ARC.
• SBI Cards declares an interim dividend of Rs 2.50 per share.

Date: 19 March 2024 Stock Market Highlights

The stock market today concluded positively, managing to recoup some of the losses from the previous session. 

• The Sensex experienced a decrease of 736.37 points (1.01%), settling at 72,012.05.
• Nifty witnessed a fall of 238.25 points (1.08%), concluding the day at 21,817.45.
• Bank Nifty saw a drop of 191.10 points (0.41%), closing at 46,384.80.

Top Gainers of Nifty 50

Top Losers of Nifty 50

52 Week High Stocks of Nifty 50

52 Week Low Stocks of Nifty 50

Roundup of Stock Market Today

Sector Update

• Sectors like capital goods, healthcare, auto, realty, metal, and media saw 0.5-3 percent gains.
• IT and FMCG sectors experienced losses of 0.5-1.5 percent.

Market Update

• Lemon Tree Hotels has signed a License Agreement for Lemon Tree Hotels Agartala in Tripura.
• JBM Auto has secured an order worth Rs 7,500 crore.
• Promoters are set to sell an 11.47% stake in Aditya Birla Sun Life AMC (ABSLAMC) via an offer for sale, with the retail date of the OFS scheduled for tomorrow.
• Sun Pharmaceuticals has announced the approval of Winlevi in Australia.
• Sonata Software has signed a Go-to-Market partnership with Zones.
• In consortium with Genesys International, Veritas India has secured a project worth Rs 156 crore from BMC.
• Stockwell Solar Services JV consortium with HG Infra have won four projects.
• RPP Infra Projects has received an order worth Rs 94.13 crore.
• HCLTech and CAST have expanded their partnership for custom chips.
• Dr. Reddy's Lab has launched Versavo (Bevacizumab) in the United Kingdom.
• Brahmaputra Infrastructure has received a Letter of Award worth Rs 50.80 crore.
• Bondada Engineering has secured a work order worth Rs 433 crore.
• Jindal Stainless is collaborating with JBM Auto for the fabrication of over 500 energy-efficient and lightweight stainless steel electric buses.
• REC board has declared a third interim dividend of Rs 4.50 per share and approved the sale and transfer of the entire shareholding of three wholly-owned subsidiaries.
• Shipping Corporation of India Land and Assets debuted on the NSE at Rs 48, a 72% premium over its Rs 27 opening price. However, it hit the lower circuit at Rs 44.40 during trading and closed at that level.
• Popular Vehicles & Services listed on NSE at Rs 289, a discount of 1.9% against the issue price of Rs 295. The stock concluded its session at Rs 276.15 

Date: 18 March 2024 Stock Market Highlights

The stock market today concluded positively, managing to recoup some of the losses from the previous session. 

• The Sensex experienced an increase of 104.99 points (0.14%), settling at 72,748.42.
• Nifty witnessed a surge of 32.35 points (0.15%), concluding the day at 22,055.70.
• Bank Nifty saw a drop of 18.20 points (0.39%), closing at 46,501.65.

Top Gainers of Nifty 50

Top Losers of Nifty 50

52 Week High Stocks of Nifty 50

52 Week Low Stocks of Nifty 50

FII & DII Activity

FII Net Sale is of Rs 2051.09 Cr
DII Net Purchase is of Rs 2260.88 Cr

Roundup of Stock Market Today

Sector Update

• Capital goods, healthcare, auto, realty, metal, and media sectors saw gains of 0.5-3 percent.
• IT and FMCG sectors experienced losses of 0.5-1.5 percent.
• BSE Midcap and Smallcap indices closed flat.

Market Update

• Railtel Corporation of India secured an order worth Rs 352 crore from BMC for the supply, operations, and maintenance of HMIS.
• SJVN received a Letter of Intent from Gujarat Urja Vikas Nigam for a 200 MW solar project.
• Ircon International was awarded a Letter of Award worth Rs 631 crore from NHIDCL.
• Torrent Power received a Letter of Award for setting up 300 MW wind-solar hybrid projects.
• KPI Green Energy was the successful bidder for developing a 100 MWAC solar power project.
• Aurobindo Pharma subsidiary CuraTeQ announced the successful outcome of the Phase 1 clinical study of its BP11 product.
• Arrowhead Separation Engineering secured a contract for the procurement of spares of the System/Dryer totalling approximately Rs. 22 million.
• Lupin stated that the US FDA issued Form 483 with 1 observation for its Aurangabad facility.
• J Kumar Infra received a Letter of Award from NBCC for a project worth Rs 334.25 crore.
• Brahmaputra Infrastructure secured an order worth Rs 50.8 crore.
• Shriram Properties sold 70% of its stake in the recently launched project "Codename Ultimate."
• Godawari Power's board approved the merger of its arm, Godawari Energy.
• Jindal Drilling announced the purchase of the Jack-Up Rig ‘Jindal Pioneer’ from Discovery Drilling for USD 75 million.
• Sandhar Technologies obtained a patent for its invention - System For Controlled Actuation of Electronic Handle Lock of a Vehicle and Method Thereof.
• RITES bagged an order worth Rs 67.5 crore from National Small Industries Corporation.
• Servotech Power Systems secured a contract from Nashik Municipal Corporation.
• Dilip Buildcon's JV received a Letter of Award worth Rs 412.92 crore from the Water Resource Department in Madhya Pradesh.
• Shipping Corporation of India's demerged entity, Shipping Corporation of India Land and Assets, will list on NSE and BSE on 19 March.
• Popular Vehicles & Services will be listed on the bourses tomorrow.
• Krystal Integrated Services IPO subscribed 13.49 times on the final of the bidding.

Date: 15 March 2024 Stock Market Highlights

The stock market today rebounded from losses in the previous session but ultimately closed lower, with the Nifty hovering around the 22,000 mark.

• The Sensex experienced a decrease of 453.85 points (0.62%), settling at 72,643.43.
• Nifty witnessed a surge of 148.95 points (0.56%), concluding the day at 22,023.35.
• Bank Nifty saw a drop of 195.85 points (0.42%), closing at 46,594.10.

Top Gainers of Nifty 50

Top Losers of Nifty 50

52 Week High Stocks of Nifty 50

Roundup of Stock Market Today

Sector Update

• Telecom sector gained 1%, while all other sectors experienced losses.
• Oil & gas, auto, capital goods, and healthcare sectors were down by 1-2%.
• BSE Midcap index dropped by 0.5%.
• Smallcap index ended positively.

Market Update

• Shakti Pumps secured an order valued at Rs 93 crore from Maharashtra Energy Department Agency.
• Wipro entered into an agreement with Desjardins.
• NPCI approved Paytm to participate in UPI as a third-party application provider.
• RailTel Corporation of India received a work order worth Rs 113.46 crore.
• Gujarat Fluorochemicals established a subsidiary company.
• ED conducted a search at 3M India’s offices in Bangalore.
• Navin Fluorine International decided to make additional investments in its subsidiary.
• SpiceJet announced plans to enhance haj operations with the induction of two wide-body A340 aircraft.
• Ahluwalia Contracts secured a contract worth Rs 364 crore for the construction of an Assam stadium.
• Bharti Airtel deployed additional sites in Ujjain district to strengthen its network.
• Elpro International acquired shares worth Rs 6.31 crore in Ami Organics.
• Crompton Greaves Consumer received orders for solar photovoltaic water pumping systems.
• Rose Merc signed a subscription agreement to acquire a 50% stake in LK Vet Care, aiming to enter the rural B2C market in the animal husbandry sector.
• Apeejay Surrendra Park Hotels launched its fourth hotel, Zone by The Park, in Digha, West Bengal.
• NCC's subsidiary agreed to pay Rs 175 crore as part of a settlement with TAQA India Power Ventures under arbitration awards.
• Indian Hume Pipe secured an order worth Rs 242 crore from Bangalore Water Supply and Sewerage Board, Bangalore, Karnataka.
• Nidhi Granites' board approved a bonus issue in the ratio of 1:1.
• Reliance Power signed a settlement agreement with ICICI Bank.
• Krystal Integrated Services IPO subscribed 0.72 times on Day 2 of the bidding.

Date: 14 March 2024 Stock Market Highlights

The stock market today concluded on a positive note, reclaiming ground lost in the preceding session. Nifty surged to approximately 22,150, buoyed by widespread buying across various sectors.

• The Sensex experienced an increase of 335.39 points (0.46%), settling at 73,097.28.
• Nifty witnessed a surge of 148.95 points (0.68%), concluding the day at 22,146.65.
• Bank Nifty saw a drop of 191.35 points (0.41%), closing at 46,789.35.

Top Gainers of Nifty 50

Top Losers of Nifty 50

52 Week Low Stocks of Nifty 50

FII & DII Activity

FII Net Sale is of Rs 1356.29 Cr
DII Net Purchase is of Rs 139.47 Cr

Roundup of Stock Market Today

Sector Update

• Telecom, power, oil & gas sectors increased by 3% each.
• Auto, capital goods, FMCG, IT, healthcare, and metal sectors rose by 1-2%.
• Broader indices performed better than main indices.
• BSE Midcap index surged by 2.2%.
• Smallcap index gained 3%.

Market Update

• Godrej Properties acquired a 3-acre land parcel in Kokapet.
• JSW Energy secured a Letter of Award from Solar Energy Corporation for 700 MW ISTS connected solar power projects.
• DLF sold a 4.67-acre land parcel in Chennai to Cholamandalam for Rs 735 crore.
• Kalpataru Projects was awarded orders worth Rs 2445 crore.
• Hindustan Aeronautics received an order worth Rs 8,073 crore for 34 advanced light helicopters from the Ministry of Defence.
• Indian Hume Pipe's joint venture won a work order worth Rs 1,138 crore from the Telangana government.
• Tamil Nadu Pollution Control Board directed Coromandel International to pay environmental compensation.
• Tata Motors Group signed an MoU with the Government of Tamil Nadu to establish a vehicle manufacturing facility.
• Ashoka Buildcon entered into a Share Purchase Agreement with GVR Infra Project.
• Sanofi India signed an exclusive promotion and distribution agreement with Emcure Pharmaceuticals.
• Azad Engineering signed a 7-year contract with GE Vernova.
• L&T secured a project in the Middle East.
• Royal Orchid Hotels signed a management agreement for a new property in Surat, Gujarat.
• Bajel Projects bagged a Rs 92.18 crore project to supply goods and services for a transmission line package.
• TCS signed a multi-million dollar cloud transformation deal with Denmark's Nuuday.
• Cyient signed a multi-year services agreement with Airbus for cabin and cargo engineering.
• XTGlobal Infotech is set to acquire 7% of the total stake of Network Objects Inc, USA.
• KEC International secured new orders worth Rs 2,257 crore.
• Zydus Life received Final Approval from the USFDA for Chlorpromazine Hydrochloride Injection.
• Power Mech secured an order worth Rs 305.81 crore.
• Adani Green Energy's subsidiary signed power purchase agreements with Solar Energy Corporation of India.
• Reliance is set to buy Paramount's stake in Viacom18.
• Praveg secured a work order for tent resorts in Lakshadweep's Bangaram and Thinnakara Islands.
• Patanjali Foods declared an interim dividend of Rs 6 per share.
• Genesys International Corporation bagged a contract worth Rs 155.85 crore from BMC.
• Bharat Electronics secured an order worth Rs 847.70 crore.
• Gopal Snacks listed on NSE at Rs 351, reflecting a discount of 13%. The stock concluded its session at Rs 362.
• Popular Vehicles & Services IPO subscribed 1.24 times on the final day of the bidding.
• Krystal Integrated Services IPO subscribed 0.37 times on Day 1 of the bidding.

Date: 13 March 2024 Stock Market Highlights

The stock market today experienced a significant downturn, with widespread selling and persistent declines in mid and small-cap stocks extending into another day. 

• The Sensex experienced a decline of 906.07 points (1.23%), settling at 72,761.89.
• Nifty witnessed a decrease of 338 points (1.51%), concluding the day at 21,997.10.
• Bank Nifty saw a drop of 301.10 points (0.64%), closing at 46,981.30.

Top Gainers of Nifty 50

Top Losers of Nifty 50

52 Week High Stocks of Nifty 50

52 Week Low Stocks of Nifty 50

FII & DII Activity

FII Net Sale is of Rs 4595.06 Cr
DII Net Purchase is of Rs 9093.72 Cr

Roundup of Stock Market Today

Sector Update

• All sectoral indices, except IT, experienced losses.
• Realty, media, PSU bank, telecom, power, oil & gas, and metals sectors saw declines of 4-6 percent.
• BSE Midcap index fell 4 percent, marking its sharpest decline since December 2021.
• Smallcap index dropped 5 percent, representing its most significant decrease since February 2022.

Market Update

• L&T's construction arm bags an order worth up to Rs 2,500 crore from AIIMS Madurai.
• Indoco Remedies to purchase 2,860.75 square meters of land parcel in Mumbai from Saldanha Realty and Infrastructure.
• Aurobindo Pharma says Eugia Pharma Specialities started distributing aseptic products manufactured at Unit III.
• Nirma completes the acquisition of a 75% stake in Glenmark Life Sciences after buying the remaining 20% shares.
• Shalby will acquire a 100% stake in Healers Hospital for Rs 104 crore.
• Salasar Techno Engineering bags a notification of award for seven contracts worth Rs 1,033.8 crore from TANGEDCO.
• Infibeam Avenues forges a payment processing pact with Saudi Arabia's bank.
• Nazara Tech earmarks Rs 830 crore towards M&A within the next 24 months.
• Shakti Pumps bags a Rs 73 crore order from the Haryana Renewable Energy Department.
• Evfin partners with Muthoot Capital to expand electric two-wheeler financing across India.
• Lumax Auto Technologies incorporates its wholly-owned subsidiary, Lumax Resources in New Delhi.
• Lemon Tree Hotels has opened its eighth hotel property, Keys Select by Lemon Tree Hotels, in Udaipur, Rajasthan.
• Sebi issues an administrative warning to ICICI Securities.
• SRF has incorporated a wholly-owned subsidiary, SRF Middle East LLC, in Dubai to undertake the trading in industrial gases.
• MRPL cancels a contract with BGR Energy Systems worth Rs 112 crore for the supply of Air Cooled Heat Exchangers (ACHE).
• SJVN gets LoI from GUVNL for a 500 MW solar project, and the construction cost is Rs 2,700 crore.
• RVNL receives LoA for an order worth Rs 106 crore in Madhya Pradesh.
• Paisalo Digital gets in-principle approval from BSE and NSE for bonus shares in the ratio of 1 new equity share for every 1 existing equity share held in the Company.
• Heritage Foods inaugurates a UHT Plant at Shamirpet, Hyderabad.
• Shriram Properties launches a new residential project in Bangalore with a potential revenue of Rs 350 crore.
• Hindustan Organic Chemicals sold 26.80 acres of land parcels for Rs.37.53 crores to BPCL.
• Dynamatic Technologies announced a new partnership with Deutsche Aircraft, the German OEM based in Munich, Germany.
• JG Chemicals listed on NSE at Rs 209, reflecting a discount of 5%. The stock concluded its session at a discount of 16% from its issue price of Rs 221, at Rs 184.80.
• Popular Vehicles & Services IPO subscribed 0.46 times on the second day of the bidding.
• Krystal Integrated Services IPO to open for subscription from tomorrow, i.e. Thursday, 14 March 2024

Date: 12 March 2024 Stock Market Highlights

The stock market today witnessed a fluctuating session, ultimately resulting in a mixed performance for equity indices.

• Sensex surged by 165.32 points (0.22%), closing at 73,667.96.
• Nifty increased by 3 points, concluding at 22,335.70.
• Bank Nifty fell by 45.45 points (0.1%), closing at 47,282.40.

Top Gainers of Nifty 50

Top Losers of Nifty 50

52 Week High Stocks of Nifty 50

FII & DII Activity

FII Net Purchase is of Rs 73.12 Cr
DII Net Purchase is of Rs 2358.18 Cr

Roundup of Stock Market Today

Sector Update

• IT sector was the only one with gains, while all other sectors experienced losses.
• Realty index dropped by nearly 3.3 percent.
• PSU Bank and Media indices decreased by 2 percent each.
• Capital goods, FMCG, healthcare, metal, and power indices fell by 1 percent each.
• BSE Midcap index was down by 1.3 percent, and Smallcap index shed 2 percent.

Market Update

• Ambuja Cements will sell a 2% stake in Sanghi Industries.
• Mahindra Lifespace Developers acquires over 9 acres of land at Whitefield, Bengaluru.
• Ion Exchange gets a contract from Maaden, Saudi Arabia.
• Manipal Hospitals enters the final leg of Medica Synergie buyout for Rs 1,200 cr-Rs 1,400 cr.
• Aditya Birla Capital will merge Aditya Birla Finance with itself to create a large, unified operating NBFC.
• DreamFolks partners with Healthians to offer health check-up services.
• BSE will add Honasa Consumer, DOMS Industries to its S&P BSE Fast Moving Consumer Goods index, effective from March 18..
• HG Infra Engineering receives a Letter of Award for a road project worth Rs 862 crore from NHAI.
• Aurobindo Pharma says WHO approves APL Healthcare's formulation manufacturing facility in Andhra Pradesh.
• Rail Vikas Nigam emerges as the lowest bidder for Maharashtra Metro Rail Corporation project worth Rs 339 crore and Central Railway project worth Rs 47 crore.
• AstraZeneca Pharma and Mankind Pharma are partners in distributing asthma medicine to patients in India.
• Wipro expands its partnership with Nutanix to launch a new Nutanix-focused business unit.
• HIL will acquire Crestia Polytech along with four other entities for Rs 265 crore on a cash-free & debt-free basis.
• Baker Hughes signs a long-term pact with Azad Engineering to supply machined components for oil field services.
• Droneacharya Aerial bags an order from Adani to provide DGCA certified drone pilot training.
• Urban Enviro Waste Management bags a work order worth Rs 7.42 crore.
• Goldman Sachs Funds buy a 2.2% stake in Praveg.
• Landmark Cars get an Expression of Interest (EoI) from Mercedes Benz India to open a workshop.
• Adani Green Power gets 87.7 million orders from WBREDA.
• Pitti Engineering signs a definitive agreement to acquire Bagadia Chaitra Industries at Rs 125 crore.
• Jupiter Wagons bags a Rs 957 crore contract.
• Kilburn Engineering received the award of orders worth Rs 2,517 lakhs.
• RVNL gets a Letter of Award from Rajasthan Rajya Vidyut Prasaran Nigam worth Rs 193 crore.
• KNR Constructions bags an order worth Rs 1163 crore.
• R K SWAMY listed on NSE at a discount of 13% at Rs 250 against the issue price of Rs 288. The stock concluded its first session at Rs 261.
• JG Chemicals to list on NSE and BSE tomorrow, i.e. 13th March 2024.

Date: 11 March 2024 Stock Market Highlights

The stock market today halted a two-day winning streak, concluding on a lower note with the Nifty falling below 22,350. Investor sentiment remained cautious in anticipation of tomorrow's release of US inflation data.

• Sensex fell by 616.75 points (0.83%), closing at 73,502.64.
• Nifty decreased by 160.90 points (0.72%), concluding at 22,332.65.
• Bank Nifty fell by 191.50 points (0.39%), closing at 47,327.85.

Top Gainers of Nifty 50

Top Losers of Nifty 50

52 Week High Stocks of Nifty 50

FII & DII Activity

FII Net Purchase is of Rs 4212.76 Cr
DII Net Purchase is of Rs 3238.39 Cr

Roundup of Stock Market Today

Sector Update

• Sectoral indices, including auto, capital goods, FMCG, oil & gas, bank, IT, realty, metal, and power, all recorded declines of 0.5-1 percent.
• BSE mid-cap index dropped by 0.2 percent.
• Small-cap index experienced a significant decline of 2 percent.

Market Update

• Gensol Engineering wins a Rs 450-crore battery energy storage project from GUVNL.
• SEBI bars JM Financial from acting as a lead manager of any public debt issue.
• Rail Vikas Nigam receives LoA for projects worth Rs 1,549 crore.
• PNC Infratech executes a concession agreement for an HAM project worth Rs 1,174 crore.
• Torrent Power receives the Letter of Award for setting up 306 MW grid-connected solar PV projects in Maharashtra.
• GAIL signs MoU with ONGC and Shell Energy India.
• DroneAcharya Aerial Innovations is awarded the prestigious First Person View (FPV) drone pilot training contract by the Ministry of Defence.
• HG Infra Engineering declared as L1 bidder for road projects worth Rs 1,472.11 crore by NHAI.
• Adani Green Energy operationalizes 1,000 MW (1 GW) of the 30,000 MW Khavda renewable energy park.
• USFDA issues a few procedural observations for Dishman Carbogen's Ahmedabad facility.
• Power Grid Corporation of India executes MoU with Rajasthan Rajya Vidyut Prasaran Nigam.
• India Glycols adds a further 270 KLPD capacity to the existing bio-fuel ethanol plant in Uttarakhand.
• JSW Group & MG Motor India to commence their Joint Venture on March 20.
• Lemon Tree Hotels has signed a License Agreement for an upcoming hotel in Coimbatore, Tamil Nadu, under its brand - Keys Lite.
• Ravindra Energy gets Letter of Award to develop 100 MW of decentralized feeder level PV solar projects from MSEDCL.
• REC signed an MoU with the government of Rajasthan to finance power and infrastructure projects worth Rs 20,000 crore annually for the next six years.
• SJVN inks power usage agreement PUA for 500 MW solar power and PPA for 100 MW solar power with RUVITL.
• NBCC Bagged an order worth Rs 368 crore.
• Sonata Software announces the integration of Sonata Harmoni.AI with Microsoft Azure AI service.
• Remsons Industries and Aircom Group AG, Switzerland, the JV partner, have incorporated a joint venture company namely Aircom Remsons Automotive, with a capital ratio of 26:74 respectively.
• PSP Projects wins a Rs 410 crore order.
• TVS Motor Company declares an interim dividend of Rs 8 per share.
• R K SWAMY to list on the purses tomorrow, i.e. Tuesday, 12th March 2024.
• Popular Vehicles & Services IPO will open for subscription starting tomorrow.
• Gopal Snacks IPO subscribed 9.50 times on the final day of the bidding.

Date: 7 March 2024 Stock Market Highlights

The stock market today couldn't sustain the initial gains and concluded the range-bound session on a rather stagnant note. Although the benchmark indices soared to unprecedented levels in the early trading session.

• Sensex surged by 33.40 points, closing at 74,119.39.
• Nifty rose by 19.50 points, concluding at 22,493.55.
• Bank Nifty fell by 129.60 points (0.27%), closing at 47,835.80.

Friday, 8th March 2024, is a holiday on account of Mahashivratri. The evening session of the commodities market will be open from 5 PM.

Top Gainers of Nifty 50

Top Losers of Nifty 50

52 Week High Stocks of Nifty 50

FII & DII Activity

FII Net Purchase is of Rs 7304.11 Cr
DII Net Purchase is of Rs 2601.81 Cr

Roundup of Stock Market Today

Sector Update

• Banks, oil & gas, auto, and real estate sectors performed poorly.
• Metal, capital goods, media, and FMCG sectors saw growth of 1-2.5%.
• BSE mid-cap index increased by 0.3%.
• Small-cap index experienced a 0.7% rise.

Market Update

• UPL's Mauritius subsidiary enters into a share subscription agreement with MIC.
• HUDCO signs MoU with Mahavitaran for providing credit of up to Rs 5000 crore for the largest feeder-level solarization scheme in India under the PM-KUSUM Scheme.
• Reserve Bank of India and Bank Indonesia signed a memorandum of understanding (MoU) to promote using local currencies for bilateral transactions.
• Prestige Estates Projects launches luxury residential project Prestige Somerville in Whitefield, Bangalore.
• Krishca Strapping Solutions secures Rs 20.25 crore packing contract order from Vedanta.
• Coforge launches Gen AI-based autonomous self-service solution - Coforge Orion.
• Ahluwalia Contracts bags an order worth Rs 338 crore.
• Persistent Systems launches AI platform SASVA.
• Asian Paints subsidiary signs agreements with GCPL to set up a facility.
• Infosys & ATP renew partnership until 2026 to drive AI-first innovations in professional tennis.
• HCLTech and ServiceNow partner to deliver GenAI-led solutions.
• L&T bags a significant order for its hydrocarbon business from ONGC for the MTPBP Project off India’s West Coast.
• SpiceJet resolves Rs 413 crore dispute with Echelon Ireland Madison One.
• USFDA allows Zydus Life's Ahmedabad API Unit to commercially manufacture & supply APIs.
• Government will divest a 5% stake in NLC India. The floor price was set at Rs 212. Non-retail bidding date was today, while retailers can bid on Monday, 11th March 2024.
• Jupiter Wagons wins an order worth Rs 957 crore from Railway Ministry.
• HAL announces revision in LCA IOC contract value to Rs 5,078 crore from Rs 2,701 crore.
• GPT Infraprojects bags an order worth Rs 135 crore from North Central Railway.
• Suzlon Energy secures a 72.45 MW order from Juniper Green Energy.
• Tata Motors increases prices of commercial vehicles up to 2% from April.
• Dredging Corporation of India & BEML signed an MOU for Indigenous Design, Development & Manufacturing of Spares for Dredgers & Joint Development of Manufacturing of Dredger.
• SJVN gets Letter of Awards for cumulative 1,352 MW of Solar Power Projects.
• Mukka Proteins listed on NSE at Rs 40 at a premium of 42%. The stock touched its lower circuit and then rose to its upper circuit of Rs 42.25 and concluded its session on it.
• JG Chemical IPO subscribed 28.52 times on the final day of the bidding.
• Gopal Snacks IPO subscribed 1.47 times on day 2 of the bidding.

Date: 6 March 2024 Stock Market Highlights

Experiencing a noteworthy rebound, the stock market today surged by one percent from the day's low and reached unprecedented heights. The 30-stock Sensex surpassed the 74,000-point milestone for the very first time, marking a significant achievement.

• Sensex surged by 408.86 points or 0.55%, closing at 74,085.99.
• Nifty rose by 117.75 points or 0.53%, concluding at 22,474.05.
• Bank Nifty increased by 384.40 points (0.81%), closing at 47,965.40.

Top Gainers of Nifty 50

Top Losers of Nifty 50

52 Week High Stocks of Nifty 50

FII & DII Activity

FII Net Purchase is of Rs 2766.75 Cr
DII Net Purchase is of Rs 2149.88 Cr

Roundup of Stock Market Today

Sector Update

• Pharma and IT indices increased by 0.7% each.
• Oil & gas, power, and realty sectors declined by 1% each.
• BSE midcap index closed 0.6% lower, while the smallcap index decreased by 2%.

Market Update

• RBI prohibits JM Financial from engaging in any form of financing against shares and debentures with immediate effect.
• LTI Mindtree to establish a joint venture with Saudi Aramco's subsidiary Global Digital.
• Coal India subsidiary South Eastern Coalfield's Gevra mine receives environmental clearance to expand production capacity to 70 million tonnes annually.
• IRCTC signs MoU with Swiggy to provide pre-ordered meals to railway passengers through IRCTC e-Catering Services.
• JSW Energy subsidiary signs BESPA for 250 MW / 500 MWh of battery energy storage system.
• CESC subsidiary Crescent Power acquires 100% shareholding of Purvah Green Power.
• J Kumar Infra gets a Letter of Acceptance (LoA) for a project worth Rs 912.3 crore from CIDCO.
• USFDA issues EIR to Torrent Pharma's oral-oncology manufacturing facility.
• Sakar Healthcare's oncology unit receives EU GMP approval.
• Sonata Software will open a delivery centre in Poland.
• Bhagiradha Chemicals gets board approval to split its one equity share into ten shares.
• KPI Green bags an order for a 9.40 MW solar power plant under the Captive Power Producer Segment.
• V-Guard Industries starts commercial production of kitchen appliances at the Gujarat manufacturing facility.
• Havells India plans to expand its existing product portfolio with the introduction of kitchen appliances.
• V Marc India receives a Rs 3.07 crore order for the supply of cables.
• GMDC board approves the land Resettlement & Rehabilitation plan for Baitarni-West Coal Mines in Odisha.
• R K SWAMY IPO subscribed 25.78 times on the final of the bidding.
• JG Chemical IPO subscribed 6.61 times on the second day of the bidding.
• Gopal Snacks IPO subscribed 0.60 times on day 1 of the bidding.

Date: 5 March 2024 Stock Market Highlights

The stock market today concluded its four-day winning streak by closing lower on March 5. The dip was influenced by a combination of mixed global cues and a sell-off in information technology and FMCG stocks during a notably volatile trading session.

• Sensex fell by 195.16 points or 0.26%, closing at 73,677.13.
• Nifty decreased by 49.30 points or 0.22%, concluding at 22,356.30.
• Bank Nifty increased by 124.90 points (0.26%), closing at 47,581.

Top Gainers of Nifty 50

Top Losers of Nifty 50

52 Week High Stocks of Nifty 50

FII & DII Activity

FII Net Purchase is of Rs 574.28 Cr
DII Net Purchase is of Rs 1834.61 Cr

Roundup of Stock Market Today

Sector Update

• Auto index increased by 1.3%, PSU Bank index gained 2.5%.
• Oil & gas, power, and realty indices rose by 0.5% each.
• IT and FMCG indices both declined by 1%.
• BSE midcap index remained unchanged.
• Smallcap index decreased by 0.6%.

Market Update

• Strides Pharma receives USFDA approval for Gabapentin Tablets USP, 600 mg, and 800 mg.
• Coforge partners with P&O Cruises and Cunard for precision quality engineering & testing.
• Cyient partners with MassMedic to accelerate MedTech innovation.
• EaseMyTrip and PNB collaborate to introduce PNB EMT co-branded credit card.
• Jindal Stainless commences use of green hydrogen for Hisar's stainless steel plant in partnership with Hygenco.
• SpiceJet settles dispute with aircraft lessor Cross Ocean Partners for about nearly Rs 100 crore.
• RBI instructs IIFL Finance to halt fresh gold loans.
• Fincare Small Finance Bank merger with AU SFB gets RBI nod.
• NBCC subsidiary secures a work order worth Rs 92 crore from PGIMER.
• Man Industries' ERW plant in Gujarat certified by API for manufacturing electric resistance welded pipes.
• Aurionpro bags an order from Haryana Government.
• L&T Technology collaborates with Intel to scale edge-AI solutions.
• Ace Turtle partners with Shopper Stop to expand Dockers in India.
• Adani Green Energy's wholly-owned step-down subsidiaries operationalize 448.95 MW of solar power projects at Khavda, Gujarat.
• J Kumar Infra receives a Rs 345 crore order from Navi Mumbai Municipal.
• Allied Digital Services secures a Rs 190 crore order.
• Metropolis Healthcare receives an income tax demand of Rs 24.46 crore.
• Power Mech Projects bags orders worth Rs 541.62 crore from Madhya Pradesh Water Resources Department and Rs 116.95 crores from Gujarat Mineral Development Corporation.
• Tanla Platforms launches Messaging-as-a-Platform for telecom companies to support Google Rich Business Messaging.
• LTI Mindtree's Fosfor launches Fosfor Decision Cloud to amplify business outcomes with AI.
• Wipro has secured a 27% ownership stake in SDVerse LLC, making a strategic investment of $5.85 million.
• Platinum Industries listed on NSE at a premium of 31% at Rs 225 against the issue price of Rs 171. The stock concluded its session at Rs 221.
• Exicom Tele-Systems listed on the NSE at a premium of 87%. The stock started trading at Rs 265 against the issue price of Rs 142. The stock closed today at Rs 224 near its intraday low.
• R K SWAMY IPO subscribed 6.05 times on Day 2 of the bidding.
• JG Chemical IPO subscribed 2.55 times on the first day of the bidding.
• Gopal Snacks IPO to open for subscription from tomorrow, i.e. 6th March 2024.

Date: 4 March 2024 Stock Market Highlights

The stock market today concluded its fourth consecutive session on an upward trajectory. However, it deviated from the day's peak due to a combination of mixed global signals and the optimism generated by an impressive Q3 growth performance.

• Sensex rose by 66.14 points, closing at 73,872.29.
• Nifty surged by 27.20 points (0.12%), concluding at 22,405.60.
• Bank Nifty increased by 158.60 points (0.34%), closing at 47,456.10.

Top Gainers of Nifty 50

Top Losers of Nifty 50

52 Week High Stocks of Nifty 50

FII & DII Activity

FII Net Sale is of Rs 564.06 Cr
DII Net Purchase is of Rs 3542.87 Cr

Roundup of Stock Market Today

Sector Update

• Oil & Gas index was the top performer, closing 1.87% higher.
• Media, IT, FMCG, Metal, and Auto sectors experienced losses.
• The BSE MidCap index increased by 0.16%.
• BSE SmallCap index declined by 0.78%.

Market Update

• Railtel secures a work order worth Rs 87.85 crore from the State Transport Authority, Odisha.
• Biocon signs a settlement with Bayer and Regeneron Pharma.
• Signature Global sells 1,008 luxury flats in Gurugram for Rs 3,600 crore.
• Swan Energy's arm Swan LNG prepay Rs 2,206 crore loan.
• Vipul Organics bags an order to supply pigment dyes to Tamil Nadu Newsprint and Paper.
• Sula Vineyards signs an agreement for a new tasting room and bottle shop near Nashik airport.
• Blue Star launches over 100 affordable and premium models of room air conditioners.
• Bharti Airtel expands its network footprint in Solapur under its rural enhancement project.
• Indiabulls Housing Finance repays debt worth Rs 1,249 crore related to a bond issue.
• PSP Projects has secured orders worth Rs 118 crore for a commercial building in GIFT City and Rs 268 crore for the Human and Biological Gallery at Science City, Ahmedabad.
• Godrej Properties will build a 62-acre township in Bengaluru with a revenue potential of Rs 5,000 crore.
• H G Infra Engineering bags an order worth Rs 447 crore from the South Central Railway.
• Tata Motors will demerge into two listed companies: one for Commercial Vehicles and related investments and the other for Passenger Vehicles, encompassing PV, EV, JLR, and related investments.
• IPOs of Platinum Industries and Exicom Tele-Systems are set to list on the bourses on Tuesday, 5 March 2024.
• R K SWAMY IPO subscribed 2.20 times on Day 1 of the bidding.
• Mukka Proteins IPO subscribed 136.89 times on the final day of the bidding.
• JG Chemical IPO to open for subscription from tomorrow, i.e. 5th March 2024.

Date: 2 March 2024 Stock Market Highlights

The stock market today, on a special trading day, achieved new record highs The stock market today was opened in two sessions. The first session being from 9:15 AM to 10:00 AM. The second session was from 11:30 AM to 12:30 PM 

• Sensex rose by 60.80 points, closing at 73,806.15.
• Nifty surged by 39.65 points (0.18%), concluding at 22,378.40.
• Bank Nifty closed flat, increasing by 10.60 points, closing at 47,297.50.

Top Gainers of Nifty 50

Top Losers of Nifty 50

52 Week High Stocks of Nifty 50

Date: 1 March 2024 Stock Market Highlights

The stock market today, on 1st March, achieved new record highs. This surge was fueled by positive factors such as better-than-expected GDP data, improved auto sales numbers, and US inflation figures aligned with expectations. 

• Sensex rose by 1245.05 points (1.72%), closing at 73,745.35.
• Nifty increased by 355.95 points (1.62%), concluding at 22,338.75.
• Bank Nifty surged by 1166 points (2.53%), closing at 47,286.90.

Special trading session is scheduled for tomorrow, with the first part running from 9:15 am to 10 am, including a pre-open session from 9:00 AM to 9:08 AM. 

The second session will occur from 11:30 AM to 12:30 PM, preceded by a pre-open period from 11:15 AM to 11:23 AM.

Top Gainers of Nifty 50

Top Losers of Nifty 50

52 Week High Stocks of Nifty 50

FII & DII Activity

FII Net Purchase is of Rs 128.94 Cr
DII Net Purchase is of Rs 3814.53 Cr

Roundup of Stock Market Today

Sector Update

• Metal index increased by 4%, with auto, bank, capital goods, and oil & gas indices rising by 2% each.
• Healthcare index saw a 1% decrease, and the Information Technology index dropped by 0.5%.
• BSE midcap and smallcap indices both rose by 0.5%.

Market Update

• Nila Infra secures a Rs 287 crore order from the Gujarat Housing Board.
• Dr. Reddys dismisses meritless allegations in a US antitrust case over the generic version of Revlimid.
• Paytm is in talks with Yes Bank to open a nodal account.
• Warner Music and Tips Industries expand their partnership.
• USFDA issues no observations to Shilpa Medicare's Unit 7 in Nacharam, Hyderabad.
• The Defence Ministry signs five major capital acquisition contracts worth Rs 39,125 crore.
• The Ministry of Defence awards Larsen & Toubro (L&T) a major contract for the supply of High Power Radars (HPR) to the Indian Air Force (IAF).
• CG Power, Renesas, and Stars Microelectronics plan to jointly build an outsourced semiconductor assembly and test facility in India.
• Tanla Platforms signs a definitive MOU with Vodafone Idea Business Services to deploy Messaging as a Platform (MaaP) in India.
• HCL Technologies launches FlexSpace 5G, an advanced digital workplace experience-as-a-service.
• US FDA issues seven observations for Aurobindo Pharma's Telangana injectable facility.
• US FDA issues four observations for Biocon Biologics' insulin facility.
• Welspun Enterprises receives a Letter of Acceptance for a project worth Rs 4,123.8 crore from Brihanmumbai Municipal Corporation.
• Adani Enterprises divests a 100% stake in subsidiary Vizag Tech Park for Rs 150.81 crore.
• Chalet Hotels will acquire Ayushi & Poonam Estates LLP for Rs 315 crore.
• ICICI Bank buys additional shares worth Rs 431 crore in ICICI Lombard General Insurance.
• The Supreme Court rejects Vedanta’s plea to reopen Sterlite Copper's smelting unit at Tuticorin.
• Suven Pharmaceuticals to merge Cohance Lifesciences with itself.
• NTPC completes trial operations of a 660 MW Capacity Unit at the North Karanpura Thermal Power Project.
• L&T commissions the first indigenously built hydrogen electrolyser at Hazira.
• MPS subsidiary acquires AJE LLC to scale AI capabilities and enter the B2C market.
• TVS Motor subsidiary buys 8,000 shares of Killwatt GmbH for 2 million euros, raising the total stake to 49%.
• Servotech Power Systems bags an order worth Rs 111 crore.
• HG Infra Engineering is declared the lowest bidder for a project worth Rs 709 crore.
• R K SWAMY IPO will open for subscription from Monday, 4th March 2024.
• Mukka Proteins IPO subscribed 7.02 times on the second day of the bidding.

Date: 29 February 2024 Stock Market Highlights

During a remarkably turbulent session on the February F&O expiry day, the stock market today concluded with slight gains, with the Nifty closing near the 22,000 level.

• Sensex rose by 195.42 points (0.27%), closing at 72,500.30.
• Nifty increased by 31.65 points (0.14%), concluding at 21,982.80.
• Bank Nifty surged by 157.75 points (0.34%), closing at 46,120.90.

Top Gainers of Nifty 50

Top Losers of Nifty 50

52 Week High Stocks of Nifty 50

FII & DII Activity

FII Net Purchase is of Rs 3568.11 Cr
DII Net Sale is of Rs 230.21 Cr

Roundup of Stock Market Today

Sector Update

• Healthcare was the only sector that didn't end positively.
• Capital goods, metal, and power indices showed gains of 0.5-1%.
• BSE midcap index increased by almost 1 percent.
• Smallcap index saw a 0.5 percent rise..

Market Update

• BEML Limited secures an order worth Rs 72.71 crore from M/s. Eastern Coalfields Limited for the BH100 Rear dumper.
• HSCC (India), a wholly-owned subsidiary of NBCC (India), is awarded the work for a 600 Bedded General Hospital, 250 Bed Govt.Hospital, and a 250-bed Super Maharashtra Specialty Hospital at Kolhapur, Maharashtra.
• Bondada Engineering bags an order worth Rs 81 crore from NLC India.
• Cyient incorporates its wholly-owned subsidiary, Cyient Global Captive Solutions, to provide manpower placement services.
• Happiest Minds partners with Secureworks to deliver next-gen Extended Detection and Response (XDR) services.
• Man Industries receives new orders totaling approximately Rs 555 crore.
• Reliance enters into a joint venture with Disney for entertainment brands in India and plans to invest Rs 11,500 crore in the JV.
• Shriram Finance is set to replace UPL in Nifty 50 starting March 28.
• Coal India signs a joint venture agreement with BHEL to undertake coal-to-chemicals business.
• Mahindra Logistics commences operations at Malda, West Bengal.
• Suzlon Energy secures a 30 MW wind power project for EDF Renewables.
• Promoter Sasikala Raghupathy offloads a 2.46% stake in BGR Energy Systems.
• United Breweries launched a new brand, 'London Pilsner Strong Beer,' in the Karnataka market.
• Lemon Tree signs a License Agreement for Keys Lite by Lemon Tree Hotels in Vadodara, Gujarat.
• Sony formally withdraws the Zee merger application from NCLT.
• The Cabinet approves semiconductor fabrication, and Tata JV is set to make India's first semiconductor fab.
• GPT Healthcare is listed on NSE at a premium of 15.5% at Rs 215 against the issue price of Rs 186. The stock concluded its session at Rs 200 after making an high of Rs 219.
• IPOs of Platinum Industries and Exicom Tele-Systems are subscribed 99.01 times and 133.56 times respectively, on the final day of the bidding.
• Mukka Proteins IPO subscribed 2.63 times on the first day of the bidding.

Date: 28 February 2024 Stock Market Highlights

The stock market today concluded the day with a decline. Selling was widespread across various sectors, with small and midcaps bearing the brunt, especially in anticipation of the monthly expiry and the forthcoming release of GDP data.

• Sensex fell by 790.34 points (1.08%), closing at 72304.88.
• Nifty decreased by 247.20 points (1.11%), concluding at 21951.15.
• Bank Nifty fell by 624.90 points (1.34%), closing at 45963.15.

Top Gainers of Nifty 50

Top Losers of Nifty 50

52 Week High Stocks of Nifty 50

FII & DII Activity

DII Net Purchase is of Rs 1827.45 Cr
FII Net Sale is of Rs 1879.23 Cr

Roundup of Stock Market Today

Sector Update

• All sectoral indices closed lower.
• Auto, oil & gas, power, and realty sectors declined by 2% each.
• BSE midcap and smallcap indices both declined by 2%.

Market Update

• Salasar Techno Engineering secures an order worth over Rs 200 crore.
• ONGC incorporates a wholly-owned subsidiary, ONGC Green.
• LTI Mindtree partners with IBM for Quantum Computing Innovation.
• Tips Industries approves a share buyback of up to Rs 37.19 crore. The buyback price is set at Rs 625 and the stock concluded its session at Rs 500 on 28th February
• GE T&D India bags orders worth Rs 370 crore from Power Grid Corporation of India.
• Tanla Platforms extends its exclusive partnership with Truecaller.
• Remsons Industries gets board approval for the sub-division of 1 share of the company into 5 shares.
• Titan to acquire the balance 0.36% stake in CaratLane for Rs 60 crore.
• EaseMyTrip and Zaggle forge a strategic partnership to revolutionize travel and expense management solutions.
• Remedium Lifecare bags an export order worth Rs 169 crore.
• SJVN subsidiary commissions the 100 MW Raghanesda solar power project in Gujarat.
• RateGain partners with FLYR for AI-driven rate optimization across distribution channels.
• L&T Infrastructure Development Projects completes the sale of the entire stake in Interise Investment Managers.
• Bajaj Healthcare enters into a definitive CDMO agreement for 15 APIs with UK/EU customers.
• Finolex Cables' Global Depository Receipts (GDRs) to be delisted from the Luxembourg Stock Exchange with effect from April 15.
• Juniper Hotels' stock debuted on the NSE at Rs 365 slightly above its IPO price of Rs 360. The stock then hits its upper circuit at Rs 401.50, maintaining this level for the entire trading session.
• IPOs of Platinum Industries and Exicom Tele-Systems are subscribed 22.35 times and 30.70 times respectively, on the second day of the bidding.
• Mukka Proteins IPO will open for subscription starting tomorrow, i.e., 29th February 2024.

Date: 27 February 2024 Stock Market Highlights

On February 27, the stock market today rebounded, recovering a significant portion of their recent losses.

• Sensex surged by 305.09 points (0.42%), closing at 73,095.22.
• Nifty increased by 76.30 points (0.34%), concluding at 22,198.35.
• Bank Nifty rose by 11.55 points (0.02%), closing flat at 46,588.05.

Top Gainers of Nifty 50

Top Losers of Nifty 50

52 Week High Stocks of Nifty 50

FII & DII Activity

DII Net Purchase is of Rs 2861.56 Cr
FII Net Sale is of Rs 1509.16 Cr

Roundup of Stock Market Today

Sector Update

• Positive movement in sectors: Auto, Capital Goods, Information Technology, Pharma, and Realty gained 0.5-1% each.
• Contrastingly, the Oil & Gas index experienced a 1% decline.
• BSE Midcap and Smallcap indices showed marginal decreases.

Market Update

• Canara Bank receives board approval for a share split, with each share being split into five shares.
• Zydus Lifesciences' share buyback period opens on February 29 and closes on March 6.
• Sagar Cements plans to sell a 5% stake in Andhra Cement through an offer for sale.
• Paisalo Digital receives sanction and disbursement of Rs 200 crore from IREDA.
• Wipro and Nokia jointly launch a 5G private wireless solution.
• Kilitch Drugs subsidiary wins a tender worth $9.13 million from Ethiopian Pharmaceutical Supply Service.
• Mahanagar Gas will acquire a 30.97% stake in 3ev.
• Happiest Minds Technologies introduces a revamped organizational structure featuring six new Industry Groups.
• JSW Energy gets a Letter of Award to set up 700 MW ISTS-Connected solar capacity from SJVN.
• Lemon Tree Hotels signs a license agreement for two new hotel properties in Rajasthan and Andhra Pradesh.
• Power Mech Projects receives an order worth Rs 396 crore from South East Central Railway.
• Sigachi Industries subsidiary and iConsult Trading Consultancy form a JV to enter the growing UAE food and pharma market.
• HFCL bags purchase orders worth Rs 40.36 crore for the supply of optical fiber cables.
• Hind Rectifiers receives an order worth more than Rs 200 crore from Indian Railways.
• Route Mobile partners with Billeasy for a ticket purchase experience at Maha Metro Pune.
• The Reserve Bank of India imposes a monetary penalty of Rs 2 crore on SBI for deficiencies in regulatory compliance.
• The RBI imposes a monetary penalty of Rs 66 lakh on City Union Bank for deficiencies in regulatory compliance.
• DCM Shriram announces its entry into the business of Advanced Material.
• Ducon Infratechnologies signs an MOU with Germany’s deltaVision to enter India's rocket propulsion and hydrogen mobility markets.
• R Systems International will set up an applied AI for Sustainable Systems centre at IIT Delhi.
• Hindustan Zinc incorporated a new subsidiary, Hindmetal Exploration Services Pvt Ltd, with the aim of advancing the exploration of strategic minerals, both deep-seated and offshore.
• IPOs of Platinum Industries and Exicom Tele-Systems are subscribed 8.10 times and 11.09 times respectively, on the first day of the bidding.
• Juniper Hotels' IPO will be listed on NSE and BSE tomorrow, i.e., 28 February 2024.

Date: 26 February 2024 Stock Market Highlights

In a volatile trading session, the stock market today on February 26 closed in the red. 

• Sensex closed down 352.67 points (0.48%) at 72,790.13.
• Nifty decreased by 90.65 points (0.41%) closing at 22,122.05.
• Bank Nifty fell by 235.25 points (0.50%), closing at 46,576.50.

Top Gainers of Nifty 50

Top Losers of Nifty 50

52 Week High Stocks of Nifty 50

FII & DII Activity

DII Net Sale is of Rs 5.33 Cr
FII Net Sale is of Rs 285.15 Cr

Roundup of Stock Market Today

Sector Update

• Information Technology and Metal sectors both declined by 1%.
• The Pharma sector saw a 0.5% decrease.
• Conversely, the oil & gas, power, and capital goods sectors experienced gains of 0.5-1%.
• The BSE Midcap index registered a 0.4% loss.
• The Smallcap index concluded with no significant change.

Market Update

• Gensol Engineering secures two solar project orders with a combined value of Rs 337 crore.
• L&T Construction wins an order for its Railway Business Group.
• SpiceJet lessor, Celestial Aviation, withdraws its insolvency plea after settling a payment dispute with the lessor.
• Biocon issues a corporate guarantee of $20 million for its subsidiary, Biocon Generics Inc.
• SJVN signs a power usage agreement with J&K Power Corporation for a 300 MW solar power capacity.
• DLF plans to launch properties worth Rs 80,000 crore in the next 4 years to capitalize on the surge in demand.
• RBI instructs NPCI to examine Paytm’s request to become a Third-Party Application.
• Zurich Insurance Company is set to acquire a 70% stake in Kotak General for Rs 5,560 crore.
• Skipper bags an order worth Rs 737 crore from Power Grid Corporation.
• GE Power India receives an order from Tata Power for services related to the overhaul and other works for a turbine generator, with a base value of Rs 6.75 crore.
• Zydus Lifesciences obtains WHO prequalification approval for the API and formulation of the Miltefosine drug.
• Transformers and Rectifiers secure orders worth Rs 232 crore from Power Grid Corporation.
• Oriental Rail Infrastructure bags orders worth Rs 12.8 crore from Indian Railways.
• Piramal Pharma receives Form-483 with 2 observations for its Lexington (US) facility.
• Zaggle Prepaid Ocean Services signs a co-branding partnership and marketing agreement with Nishi Forex and Leisure.
• Advait Infratech collaborates with Carbon Technology Energy to revolutionize the fuel cell and electrolyser industry.
• HDFC Bank receives approval from the Reserve Bank of India for the sale of 90% equity shares of HDFC Credila Financial Services.
• Newgen Software Technologies' subsidiary secures a $1.3 million order.
• Supreme Industries signs a power delivery agreement for a 33.75 Mwp solar power project with O2 Renewable Energy XIV.
• Max Healthcare Institute acquires a land parcel in Lucknow, Uttar Pradesh, for Rs 167 crore, to develop a 500-bedded hospital with a built-up area of 8 lakh square feet.
• PNC Infratech receives a Letter of Acceptance worth Rs 699 crore from Madhya Pradesh Public Works Department (M.P.P.W.D.).
• Platinum Industries IPO and Exicom Tele-Systems IPO opens for subscriptions starting tomorrow, i.e., 27th February 2024.
• GPT Healthcare IPO subscribed 8.52 times on the final day of the bidding. 

Date: 23 February 2024 Stock Market Highlights

The stock market today concluded the day with marginal changes. Although they reached new highs during early trading, the market experienced a leveling effect due to a decline in banking stocks..

• Sensex fell by 15.44 points (0.02%), closing at 73,142.80.
• Nifty closed flat after decreasing by 4.75 points to 22,122.70.
• Bank Nifty fell by 108.05 points (0.23%), closing at 46,811.75.

Top Gainers of Nifty 50

Top Losers of Nifty 50

52 Week High Stocks of Nifty 50

FII & DII Activity

DII Net Purchase is of Rs 176.68 Cr
FII Net Purchase is of Rs 1276.09 Cr

Roundup of Stock Market Today

Sector Update

• Nifty media showed the highest gain among sectoral indices, up by 1.2%.
• Nifty Realty and Nifty Consumer Durables also saw increases, with 1% and 0.6% gains, respectively.
• Nifty PSU Bank index closed with a 1.1% decrease.
• Nifty IT, Nifty Bank, and Nifty Metals all experienced a 0.2% decline.

Market Update

• Sona Comstar has been certified under the auto Production Linked Incentive (PLI) scheme.
• L&T secures a Rs 13,000 crore order for supplying Radar Systems to the Defence Forces.
• Ceat is selected as the official partner for the Indian Premier League (IPL) by the Board of Control for Cricket in India (BCCI). 
• IRFC shares gain as the company plans to float up to Rs 3,000 crore in bonds on February 26.
• IRCTC signs a pact with Swiggy Foods for pre-ordered meals.
• Zydus Lifesciences incorporates a wholly-owned subsidiary company in the UAE.
• Tata Elxsi enters into a pact with Accuknox via its NEURON product suite.
• LIC resumes its Mauritius branch operations after the passing of cyclone ‘Eleanor’.
• Aramco selects contractors for the Master Gas System expansion, including L&T and Kalpataru Power.
• Servotech Power wins an order for nearly 1,500 DC Fast EV chargers from HPCL.
• Intellect Design launches the tech suite eMACH.ai for bankers in the Middle East and Africa.
• Kalyani Steels enters into an MoU with the Odisha government to set up manufacturing plants.
• Orchid Pharma's 'Exblifep' receives approval from the US Food and Drug Administration (USFDA).
• Juniper Hotels IPO subscribed 1.24 times on the final day of the bidding.
• GPT Healthcare IPO subscribed 0.85 times on Day 2 of the bidding.

Date: 22 February 2024 Stock Market Highlights

During a session marked by high volatility, the benchmark indices successfully wiped out the losses from the prior session. 

• Sensex rose by 535.15 points (0.74%), closing at 73,158.24.
• Nifty surged by 162.40 points (0.74%), closing at 22,217.45.
• Bank Nifty fell by 99.90 points (0.21%), closing at 46,919.80.

Top Gainers of Nifty 50

Top Losers of Nifty 50

52 Week High Stocks of Nifty 50

FII & DII Activity

DII Net Purchase is of Rs 1823.68 Cr
FII Net Sale is of Rs 1410.05 Cr

Roundup of Stock Market Today

Sector Update

• Positive gains in Auto, Capital Goods, Metal, Power, IT, and Telecom sectors, each up by 1%.
• BSE Midcap rose by 1%, while Smallcap index increased by 0.5%.

Market Update

• Space sector stocks experience a surge following the Cabinet's approval of an amendment in the Foreign Direct Investment (FDI) policy, allowing 100% FDI in the Space Sector.
• Mahindra Lifespaces achieves sales of over Rs 800 crore in three days at the Mahindra Vista project.
• LTI Mindtree signs a Memorandum of Understanding (MoU) with Eurolife FFH to establish Gen AI and digital hubs in Europe and India.
• Coal India is poised to exceed its capex target of Rs 16,500 crore for the fiscal year 2023-24.
• Ceinsys Tech receives a service order from Fugro USA Land Inc. to extract assets for a Lidar project covering 15,581 miles in New Mexico. 
• Dr Reddy’s Laboratories receives a tax demand notice from the GST Authority.
• Apollo Microsystems secures a Rs 110 crore term loan from the State Bank of India (SBI).
• Homefirst Finance obtains the IRDAI Corporate Agent (Composite) license, allowing solicitation of life, general, and health insurance.
• Grauer & Weil will consider the issuance of bonus shares on February 26, 2024.
• L&T Construction wins an order for its Buildings & Factories Business.
• Grasim Industries launches its paint business under the 'Birla Opus' brand.
• NBCC receives approval from the Greater Noida Authority to develop 5 Amrapali projects worth Rs 10,000 crore.
• Brigade Enterprises signs a Joint Development Agreement with PVP Ventures to develop a residential project in Chennai.
• ITC is considering the acquisition of a 47 percent stake in Prataap Snacks from Peak XV Partners.
• Juniper Hotels IPO to subscribed 0.24 times on the second day of the bidding.
• GPT Healthcare IPO subscribed 0.37 times on Day 1 of the bidding.

Date: 21 February 2024 Stock Market Highlights

The stock market today ended its six-day winning streak, with traders opting to secure profits.

• Sensex fell by 434.31 points (0.59%), closing at 72,623.09.
• Nifty decreased by 141.90 points (0.64%), closing at 22,055.05.
• Bank Nifty fell by 74.50 points (0.16%), closing at 47,019.70.

Top Gainers of Nifty 50

Top Losers of Nifty 50

52 Week High Stocks of Nifty 50

FII & DII Activity

FII Net Purchase is of Rs 284.66 Cr
DII Net Sale is of Rs 411.57 Cr

Roundup of Stock Market Today

Sector Update

• Realty and PSU Bank were the only sectors not trading in the red.
• BSE Midcap and Smallcap indices both experienced a 1 percent decline.

Market Update

• HFCL has approved a facility in Poland with an outlay of up to Rs 144 crore.
• Ultratech has commissioned a 1.8 million metric tonnes per annum (mtpa) brownfield capacity at Kotputli.
• Zaggle Prepaid Ocean Services has entered into an agreement with Wipro Limited.
• DLF's arm has acquired a land parcel in Gurugram for Rs 1,241 crore.
• TCS has expanded its partnership with The Co-operative Group Limited (Co-op) to adopt a cloud-first strategy.
• Tata Power will supply green power to BluSmart, enabling the company to become zero-emissions.
• Patel Engineering Company's joint venture has been declared the lowest bidder for a project worth Rs 525.36 crore.
• Hindalco's US-based subsidiary, Novelis, has filed documents with the SEC for a proposed US IPO.
• Ashok Leyland is set to establish an EV manufacturing plant in Uttar Pradesh, focusing on green mobility.
• Zee Entertainment clarifies that it is not involved in negotiations with Sony to revive the merger deal.
• Thermax has gained on a license and technical assistance deal with a South Korean company.
• Wipro and Intel Foundry have announced a new collaboration to advance chip design and development.
• According to sources, Yum Restaurants is set to sell its entire 4.4% stake in Devyani International.
• Sun Pharma plans to acquire a 16.33% stake in Surgimatix for $3.05 million.
• G R Infraprojects is set to sell its entire investment in seven wholly-owned subsidiary companies.
• Lumos has selected Sterlite Technologies as a partner to build Fiber Optic Internet Infrastructure in the US.
• Zen Technologies has received an order worth Rs 93 crores (inclusive of 18% GST) from the Ministry of Defence, Government of India.
• L&T has been awarded the EPC contract for the Al Kahfah Solar Power Plant.
• Juniper Hotels IPO to subscribed 0.12 times on the first day of the bidding.
• GPT Healthcare IPO is set to open for subscription starting tomorrow, February 22, 2024.

Date: 20 February 2024 Stock Market Highlights

The stock market today extended its winning streak for the sixth consecutive day, with one index achieving new record highs.

• Sensex rose by 349.24 points (0.48%), closing at 73057.40.
• Nifty increased by 74.70 points (0.34%), closing at 22196.95.
• Bank Nifty surged by 558.70 points (1.20%), closing at 47094.20.

Top Gainers of Nifty 50

Top Losers of Nifty 50

52 Week High Stocks of Nifty 50

FII & DII Activity

FII Net Sale is of Rs 1335.51 Cr
DII Net Purchase is of Rs 1491.33 Cr

Roundup of Stock Market Today

Sector Update

• Nifty Media led gains, rising by 2.27%.
• Nifty Realty, Nifty Bank, and Nifty Financial Services also posted gains of over 1% each.
• Nifty IT and Nifty Auto both saw declines of about 1%.

Market Update

• Zaggle Prepaid Ocean Services has inked an agreement with Easy Trip Planners Limited (EaseMyTrip).
• Vipul Organics has obtained environmental clearance for the proposed expansion at its Ambernath Facility.
• Godrej Consumer Products plans to divest its entire stake in the Mauritius-based subsidiary for $3.5 million.
• Tech Mahindra has successfully acquired a 100% stake in Orchid Cybertech Services.
• JSW Steel is considering the acquisition of a 20% stake in an Australian coal mine.
• Deepak Fertilisers has entered into a 15-year LNG contract with the Norwegian giant Equinor.
• Ramkrishna Forgings has secured a USD 220 million contract.
• Astra Microwave Products has incorporated a wholly-owned subsidiary, Astra Space Technologies.
• Waaree Renewable has secured the EPC work for a solar power plant valued at Rs 990 crore.
• Delta Corp is set to sell its entire stake in Caravella Entertainment for Rs 62 crore.
• Sun Pharma is set to acquire a 16.33% stake in Surgimatix for USD 3.05 million.
• TVS Supply Chain Solutions has extended its contract with Rolls-Royce for another 5 years.
• JSW Group and Volkswagen have initiated talks to establish an electric vehicle (EV) joint venture.
• ONGC subsidiary IEL is planning to merge its five step-down subsidiaries - IECL, IENL, RHL, BHL, and SAIL - into itself.
• NBCC has secured three work orders worth Rs 369 crore.
• Zee and Sony are making a last-ditch attempt to revive their $10 billion merger deal.
• Balrampur Chini Mills is set to venture into the manufacturing of Poly Lactic Acid.
• JSW Infrastructure has received a Letter of Intent (LoI) from Jawaharlal Nehru Port Authority.
• DroneAcharya Aerial Innovations is set to acquire a 76% stake in Aerophile Academy.
• Torrent Power plans to develop four projects worth Rs 25,000 crore in Uttar Pradesh.
• Sun Pharma is set to acquire a 16.33% stake in Surgimatix for USD 3.05 million (mentioned again).
• Vibhor Steel Tubes listed on NSE at Rs 425 per share against its issue price of Rs 151. The stock concluded its session at the upper circuit limit of Rs 446.25.
• Juniper Hotels IPO to open for subscription from tomorrow i.e. 21st February 2024.

Date: 19 February 2024 Stock Market Highlights

The stock market today maintained its upward trajectory for the fifth consecutive session, concluding near the day's peak as the Nifty surged to a new all-time intraday high of 22,186.65.

• Sensex rose by 281.52 points (0.39%), closing at 72,708.16.
• Nifty increased by 81.55 points (0.37%), closing at 22,122.14.
• Bank Nifty surged by 150.65 points (0.32%), closing at 46,535.50.

Top Gainers of Nifty 50

Top Losers of Nifty 50

52 Week High Stocks of Nifty 50

Roundup of Stock Market Today

Sector Update

• Capital goods, IT, metal, and realty sectors closed lower.
• Auto, bank, FMCG, healthcare, oil & gas, and power sectors gained 0.3-1%.
• BSE Midcap index increased by 0.3%.
• Smallcap index saw a rise of 0.7%.

Market Update

• NHPC has initiated the construction of a 300 MW solar power plant in Rajasthan by laying its foundation stone.
• Balrampur Chini Mills has received board approval to venture into the production of Polylactic Acid.
• Titagarh Rail Systems has secured a Rs 170 crore order from the Defence Ministry to supply 250 specialized wagons.
• IOL Chemicals is set to export Metformin Hydrochloride to China.
• IREDA and Punjab National Bank signed an MoU to co-finish green energy projects.
• Kaynes Technology India has established a wholly owned subsidiary, Kaynes Mechatronics, focusing on high-precision machining, sheet metal fabrication, molds, tools, fixtures making, and other molding.
• Paradeep Phosphates has temporarily shut down its NPK - A plant in Goa for routine annual maintenance activities.
• Clean Science and Technology's subsidiary, Clean Fino-Chem, has inaugurated a new manufacturing facility in Pune.
• Novartis AG is conducting a strategic review of its operations in India, with sources indicating that Dr. Reddy's is in the running to acquire Novartis AG's stake in Novartis India.
• Power Grid's board has approved an investment of Rs 656 crore for two projects.
• ITI has signed an MoU with JandK Operations to manufacture BharOS-enabled digital devices and services.
• GP Petroleums has entered into a distribution agreement with Bangladesh’s NOOR Trading.
• Omaxe consortium has emerged as the successful bidder for developing two bus terminals.
• LIC has received refund orders totalling Rs 21,741 crore from the Income Tax Department.
• The board of Quess Corp has approved the demerger of its company into three independent entities.

Date: 16 February 2024 Stock Market Highlights

The stock market today notched its fourth consecutive session of gains, with the Nifty surpassing the 22,000 mark.

• Sensex rose by 376.26 points (0.52%), closing at 72,426.64.
• Nifty increased by 129.95 points (0.59%), closing at 22,040.70.
• Bank Nifty surged by 165.95 points (0.36%), closing at 46,384.85.

Top Gainers of Nifty 50

Top Losers of Nifty 50

52 Week High Stocks of Nifty 50

FII & DII Activity

FII Net Purchase is of Rs 253.28 Cr
DII Net Purchase is of Rs 1571 Cr

Roundup of Stock Market Today

Sector Update

• Auto, capital goods, pharma, IT, and realty sectors show gains of 1-2 percent.
• PSU Bank, oil & gas, and power sectors are not performing well.
• BSE Midcap and Smallcap indices both up nearly 1 percent.

Market Update

• Carlyle Group sells a stake worth Rs 1,056 crore in Yes Bank.
• Finsider International sells shares worth Rs 1,737 crore in Vedanta.
• Coal India signs an MoU with Haryana Power Purchase Centre.
• Dilip Buildcon JV is declared as an L-1 bidder for a dam project worth Rs 412.9 crore.
• Happy Forgings bags an order worth Rs 400 crore for the supply of fully machined SUV components.
• Newgen Software Technologies receives an additional work order from a global management consulting firm.
• Volkswagen Group and Mahindra & Mahindra (M&M) sign the first supply agreement on components of Volkswagen´s MEB for Mahindra’s purpose-built electric platform INGLO.
• USFDA completes the inspection of Aurobindo Pharma's manufacturing unit with zero observations.
• Lupin receives USFDA approval for MinzoyaTM.
• JSW Group to invest Rs 65,000 crore in steel and cement plants in Odisha.
• KPI Green Energy's subsidiary, KPIG Energia, receives a new order of 1.5 MW for executing a solar power project under its captive power producer segment.
• Tata Motors has launched an ultra-range of heavy-duty CVs in South Africa.
• Zydus Life gets final US FDA nod for Isosorbide Mononitrate extended-release tablets.
• Surya Roshni gets a Rs 52.13 crore pipe supply order from Indian Oil.
• Marine Electricals (India) receives an order of Rs 104.25 crore (excluding taxes).
• Oberoi Realty signed a deal with Marriott International to develop hotels in Mumbai, Thane.
• The Reserve Bank of India (RBI) has issued a comprehensive list of frequently asked questions (FAQs) for individuals with Paytm Payment Banks accounts. For the complete FAQ, please refer to - PAYTM FAQ.
• Entero Healthcare Solutions IPO listed on NSE at a discount of 2.3% at Rs 1229. The stock traded in red throughout the day and later concluded its session at Rs 1149, down 8.6% from its issue price of Rs 1258.

Date: 15 February 2024 Stock Market Highlights

In a continued display of volatility, the stock market today closed positively, marking the third consecutive winning session on February 15, with the Nifty reaching 21,900.

• The Sensex concluded the session with a 0.32% increase, closing at 72,050.38.
• Nifty experienced a 0.32% rise, reaching 21,910.75.
• Bank Nifty ended the day 0.7% higher, closing at 46,218.90

Top Gainers of Nifty 50

Top Losers of Nifty 50

52 Week High Stocks of Nifty 50

52 Week Low Stocks of Nifty 50

FII & DII Activity

FII Net Sale is of Rs 3064.15 Cr
DII Net Purchase is of Rs 2276.93 Cr

Roundup of Stock Market Today

Sector Update

• FMCG index decreased by 0.9%.
• Auto, PSU Bank, metal, realty, power, and oil & gas indices increased by 1-2%.
• BSE Midcap and Smallcap indices both rose by 1%.

Market Update

• Amber Enterprises subsidiary makes a primary investment of Rs 100 crore in Shivaliks Mercantile.
• PSP Projects bags a work order worth Rs 630.90 crore from RVNL.
• Surya Roshni wins a Rs 94.75 crore order to supply MS-coated pipes.
• Star Health & Allied Insurance Company received a tax demand order worth Rs 170 crore.
• Lupin launches Ganirelix Acetate injection.
• Container Corporation signs an MoU with Container Company of Bangladesh.
• Adani Enterprises' subsidiary incorporates the wholly-owned subsidiary OSPREE International FZCO in UAE.
• ABB India introduces the next-generation compact drive specialized for HVACR systems.
• West Coast Paper Mills subsidiary doubles capacity for optical fiber cable production.
• Zodiac Energy enters into a Power Purchase Agreement (PPA) with UGVCL to procure solar power on a long-term basis.
• Coal India signs an MoU with Haryana Power Purchase Centre.
• Sterlite Technologies announces its partnership with BAPS temple in Abu Dhabi for optical solutions.
• MIC Electronics announces the development of a 42V/3A electric vehicle (EV) battery charger for e-cycles and two-wheelers.
• Entero Healthcare Solutions IPO lists on NSE and BSE tomorrow.
• Vibhor Steel Tubes IPO subscribed 320.05 times on the final day of the bidding.

Date: 14 February 2024 Stock Market Highlights

The stock market today exhibited a savvy rebound, concluding on a positive note primarily driven by the upswing in SBI and other PSU banks amidst a session marked by high volatility.

• Sensex closed 267.64 points (0.37%) higher at 71,822.83.
• Nifty initially slumped but ended 96.8 points (0.45%) higher at 21,840.05.
• Bank Nifty gained 405.90 points and closed 0.9% higher at 45,908.30.

Top Gainers of Nifty 50

Top Losers of Nifty 50

52 Week High Stocks of Nifty 50

52 Week Low Stocks of Nifty 50

FII & DII Activity

FII Net Sale is of Rs 3929.60 Cr
DII Net Purchase is of Rs 2897.98 Cr

Roundup of Stock Market Today

Sector Update

• PSU bank and oil & gas indices increased by 3% each.
• Auto, FMCG, capital goods, metal, power, and realty indices rose by 1.2% each.
• Information technology and pharma indices declined by 1% each.
• BSE Midcap and Smallcap indices both saw a 1% increase.

Market Update

• RITES and AD Ports Group collaborate to drive growth in Logistics Infrastructure Development.
• Great Eastern Shipping contracts to buy a medium-range product tanker of 49,999 dwt.
• Adani Green begins generation from the world's largest renewable energy park.
• Bharat Electronics bags a contract worth Rs 2,167.47 crore from the Indian Navy.
• Godrej Properties acquires a 12.5-acre land parcel in Hyderabad.
• Nazara Technologies arm signs an agreement to acquire 100% ownership in Ninja.
• Tata Power signs an agreement with Tata Comm to set up an 18.75 MW AC Grp Captive Solar Plant.
• Indian Hume gets a Letter of Intent (LoI) for an order worth Rs 495 crore from Tapi Irrigation Development Corp Jalgaon.
• Adani Green Energy puts 551-MW solar capacity in Gujarat on stream.
• Nxtra to procure 140,208 MWh of renewable energy for its data centres through a power-wheeling agreement with Ampln and Amplus Energy.
• Rashi Peripherals listed on the NSE at a price of 339.50 with a premium of 9.16% against the issue price of Rs 311. The stock concluded its session at Rs 321. 
• Jana Small Finance Bank listed on the NSE at a loss of 4.3% at Rs 396. The stock later touched a high of Rs 409 and later closed at Rs 368.
• Capital Small Finance Bank listed at a discount of 8% at Rs 430. The stock concluded its session at Rs 435.
• Vibhor Steel Tubes IPO subscribed 109.09 times on second day of the bidding.

Q3 Result Update 

Upcoming Result on 15th February 2024

• CRISIL
• EPACK Durable
• R Systems International

Results Declared

• Garden Reach Shipbuilders reports a 38% YoY increase in Q3 profit to Rs 88 crore.
• Prestige Estates Projects sees a 1.9% YoY rise in Q3 profit, reaching Rs 164.7 crore.
• Hindustan Copper witnesses a 21% YoY decline in Q3 profit, totaling Rs 63 crore.
• Zee Entertainment's Q3 profit surges 1.4x to Rs 58.5 crore, with a 14.8% increase in revenue.
• Rashtriya Chemicals & Fertilizers experiences a 95% YoY decline in Q3 profit to Rs 11.22 crore.
• Gujarat Gas sees a 41% YoY plunge in Q3 profit to Rs 220 crore.
• Sula Vineyards reports a 9.4% YoY growth in Q3 profit, totaling Rs 43 crore.
• Coffee Day Enterprises announces Q3 profit at Rs 69 crore.
• FACT Q3 Results show a net profit down 82% at Rs 30 crore versus Rs 166 crore, with revenue down 36% at Rs 1,097 crore versus Rs 1,722 crore, YoY.
• Ganesha Ecosphere's Q3 Earnings reveal a net profit down 42.9% at Rs 12 crore versus Rs 21 crore, and revenue up 4.5% at Rs 284.8 crore versus Rs 272.6 crore, YoY.
• Ipca Labs Q3 Earnings show a net profit rise of 66.9% at Rs 179.9 crore versus Rs 107.8 crore, with revenue up 33% at Rs 2,053 crore versus Rs 1,546 crore, YoY.
• M&M Q3 Earnings indicate a net profit jump of 61% at Rs 2,454 crore versus Rs 1,528 crore, and revenue rises 16% at Rs 25,642 crore versus Rs 21,653 crore, YoY.
• Snowman Logistics Q3 Results show a net profit up 13.5% at Rs 4.2 crore versus Rs 3.7 crore, with revenue up 13.3% at Rs 124 crore versus Rs 109.4 crore, YoY.
• Ethos Q3 Results reveal a net profit rise of 23.2% at Rs 25.5 crore versus Rs 20.7 crore, and revenue rises 22.7% at Rs 281 crore versus Rs 229 crore, YoY.
• Natco Pharma Q3 Results show a net profit at Rs 212.7 crore versus Rs 62.3 crore, with revenue up 54% at Rs 758.6 crore versus Rs 492.5 crore, YoY.
• Ahluwalia Contracts reports a 56% YoY spike in Q3 profit to Rs 70 crore.
• MTAR Technologies witnesses a 67% YoY plunge in Q3 profit, totaling Rs 10.4 crore.
• Suprajit Engineering Q3 Results indicate a net profit up 5.8% at Rs 40.2 crore versus Rs 38 crore, with revenue up 4.6% at Rs 724.2 crore versus Rs 692.1 crore, YoY.
• KPI Green Q3 Results reveal a net profit up 46.7% at Rs 50.6 crore versus Rs 34.5 crore, and revenue rises 84.4% at Rs 330 crore versus Rs 179 crore, YoY.
• Wockhardt Q3 Results show a net loss at Rs 83 crore versus a loss of Rs 96 crore, with revenue up 0.3% at Rs 701 crore versus Rs 699 crore, YoY.
• Crompton Greaves reports a 3.1% decline in net profit for Q3, amounting to Rs 85 crore.

Date: 13 February 2024 Stock Market Highlights

Benefiting from positive macroeconomic indicators, the stock market today rebounded in the latest session, recovering a significant portion of its previous losses. 

• Sensex finished the day higher by 0.68% at 71,555.19. 
• Nifty went up by 0.59% to 21,743.30.
• Bank Nifty bounced back, closing at 45,502.40, a 1.38% increase from the day before.

Top Gainers of Nifty 50

Top Losers of Nifty 50

52 Week High Stocks of Nifty 50

52 Week Low Stocks of Nifty 50

FII & DII Activity

FII Net Purchase is of Rs 376.32 Cr
DII Net Purchase is of Rs 273.94 Cr

Roundup of Stock Market Today

Sector Update

• Metal sector decreased by 2 percent.
• All other sectors, including, healthcare, information technology, and capital goods, saw gains of 0.4-1.5 percent.
• BSE midcap index increased by 0.6 percent.
• Smallcap index saw a 0.2 percent rise.

Market Update

• Sterlite Power secures Rs 2,400 crore funding from REC arm for the Beawar project.
• Lemon Tree Hotels signs a License Agreement for a new hotel in Telangana.
• HPL Electric bags an order worth Rs 181 crore for the supply of Smart Meters.
• Reliance Industries becomes India's first company to surpass Rs 20 lakh crore in market capitalization on February 13.
• Maruti Suzuki receives a show cause notice from Assistant Controller, Legal Metrology Department, Pulwama, Jammu & Kashmir.
• IndusInd Bank signs an MoU with the UP government to foster livestock welfare.
• Tata Motors arm reduces prices of Nexon.ev by up to Rs 1.2 lakh and reduces prices of Tiago.ev by up to Rs 70,000.
• L&T wins significant orders for its hydrocarbon business.
• HotelKey, a leading hospitality platform, selects RateGain to enhance its distribution capabilities.
• JSW Steel forms a 50:50 JV with JFE Steel Japan for electrical steel.
• JSW Energy subsidiary receives a Letter of Intent for 500 MW wind power capacity projects.
• HFCL bags a purchase order worth Rs 141 crore from BSNL.
• Ashok Leyland invests Rs 536.7 crore in the UK’s Optare Plc via equity shares in the second tranche.
• Lupin launches Bromfenac Ophthalmic Solution after receiving approval from the United States Food and Drug Administration (U.S. FDA).
• BHEL, PNB, NMDC, Union Bank of India, and GMR Airports have been included in the MSCI Global Standard Index.
• Eris Lifesciences successfully secures 51% stake in Swiss Parenterals for an impressive Rs 637 crore acquisition.
• Wipro is set to acquire US-based insurtech firm Aggne Global for $66 million, initially acquiring 60% in an all-cash deal with an option to purchase the remaining stake gradually.
• Vibhor Steel Tubes IPO subscribed 29.93 times on first day of the bidding
• Entero Healthcare Solutions IPO subscribed 1.43 times on Day 3 of the bidding.

Q3 Result Update 

Upcoming Result on 14th February 2024

• Aarey Drugs & Pharmaceuticals 
• Aarvee Denims & Exports 
• Aditya Birla Fashion and Retail 
• Abhishek Corporation 
• Agro Phos India 
• Ahlada Engineers 
• Akash Infra Projects 
• AKI India 
• Aksh Optifibre 
• Alankit 
• Alembic 
• Alps Industries 
• Ambica Agarbathies & Aroma industries 
• Ansal Properties & Infrastructure 
• Apollo Sindoori Hotels 
• Arcotech 
• Aries Agro 
• Arshiya 
• Ashapura Minechem 
• Amit Spinning Industries 
• AVG Logistics 
• Avonmore Capital & Management Services 
• AVT Natural Products 
• AXISCADES Technologies 
• Bannari Amman Spinning Mills 
• B&B Triplewall Containers 
• Bharatiya Global Infomedia 
• BGR Energy Systems 
• Bhandari Hosiery Exports 
• B. L. Kashyap and Sons 
• Bohra Industries 
• Barak Valley Cements 
• Capacit'e Infraprojects 
• Celebrity Fashions 
• Cerebra Integrated Technologies 
• Cinevista 
• Confidence Petroleum India 
• Consolidated Finvest & Holdings 
• Crompton Greaves Consumer Electricals 
• Davangere Sugar Company 
• Dishman Carbogen Amcis 
• DCW 
• Debock Industries 
• DJ Mediaprint & Logistics 
• Diligent Media Corporation 
• DS Kulkarni Developers 
• Dynemic Products 
• E2E Networks 
• Emmbi Industries 
• Eros International Media 
• Ester Industries 
• Ethos 
• Fertilizers and Chemicals Travancore 
• Fineotex Chemical 
• Ganesha Ecosphere 
• Ganges Securities 
• GACM Technologies 
• Generic Engineering Construction and Projects 
• Genesys International Corporation 
• Genus Paper & Boards 
• GKW 
• Gland Pharma 
• Glenmark Pharmaceuticals 
• Goenka Diamond and Jewels 
• Orient Green Power Company 
• GRP 
• Gujarat State Petronet 
• Gufic Biosciences 
• Gujarat Apollo Industries 
• Gujarat Raffia Industries 
• GVK Power & Infrastructure 
• Hardwyn India 
• Hinduja Global Solutions 
• HPL Electric & Power 
• Indiabulls Housing Finance 
• Indian Terrain Fashions 
• IPCA Laboratories 
• Jay Bharat Maruti 
• JHS Svendgaard Laboratories 
• Jindal Photo 
• Jindal Poly Films 
• Jindal Cotex 
• Jullundur Motor Agency (Delhi) 
• Jindal Poly Investment and Finance Company 
• Jtekt India 
• Jyoti CNC Automation 
• Kanoria Chemicals & Industries 
• Kavveri Telecom Products 
• KDDL 
• DSJ Keep Learning 
• Kernex Microsystems (India) 
• Khandwala Securities 
• Kirloskar Brothers 
• Kohinoor Foods 
• KPI Green Energy 
• Kshitij Polyline 
• Laxmi Goldorna House 
• Liberty Shoes 
• Lords Chloro Alkali 
• Mahindra & Mahindra 
• Maan Aluminium 
• Madras Fertilizers 
• Maheshwari Logistics 
• Marine Electricals (India) 
• Marshall Machines 
• MBL Infrastructure 
• MEP Infrastructure Developers 
• Morarjee Textiles 
• Mufin Green Finance 
• Credo Brands Marketing 
• Mukta Arts 
• Munjal Auto Industries 
• Murudeshwar Ceramics 
• Muthoot Finance 
• Narmada Agrobase 
• Natco Pharma 
• North Eastern Carrying Corporation 
• Nectar Lifesciences 
• National Fertilizers 
• Narayana Hrudayalaya Ltd.
• NMDC 
• Noida Toll Bridge Company 
• Nova Agritech 
• NMDC Steel 
• Oricon Enterprises 
• Osia Hyper Retail 
• ShreeOswal Seeds And Chemicals 
• Parsvnath Developers 
• Pavna Industries 
• PC Jeweller 
• Plaza Wires 
• Polyplex Corporation 
• Prozone Realty 
• Prudential Sugar Corporation 
• PTC India 
• Radaan Mediaworks India 
• Rajesh Exports 
• Raj Television Network 
• Rama Steel Tubes 
• Rana Sugars 
• Reliance Chemotex Industries 
• RKEC Projects 
• Roto Pumps 
• R.P.P. Infra Projects 
• Ravinder Heights 
• Sri Adhikari Brothers Television Network 
• Sanwaria Consumer 
• SEL Manufacturing Company 
• Synergy Green Industries 
• Shanti Overseas (India) 
• Shirpur Gold Refinery 
• Shivam Autotech 
• Shriram Properties 
• Signet Industries 
• SIL Investments 
• Silver Touch Technologies 
• Solara Active Pharma Sciences 
• SONAM 
• South West Pinnacle Exploration 
• Southern Petrochemicals Industries Corporation  
• Sintex Plastics Technology 
• Shree Ram Proteins 
• STEEL EXCHANGE INDIA 
• Sun TV Network 
• Superhouse 
• Suprajit Engineering 
• SVP GLOBAL TEXTILES 
• Syncom Formulations (India) 
• Tarmat 
• Tourism Finance Corporation of India 
• Thomas Scott (India) 
• TIL 
• UCAL 
• Uniinfo Telecom Services 
• United Polyfab Gujarat 
• Udayshivakumar Infra 
• Vaswani Industries 
• Vaxtex Cotfab 
• Venus Remedies 
• Vardhman Holdings 
• Vinny Overseas 
• Visa Steel 
• Visesh Infotecnics 
• Vivimed Labs 
• Wockhardt 
• Xelpmoc Design And Tech 
• Yatra Online 
• Yuken India 
• Zee Learn 
• Zodiac Clothing Company 

Results Declared

• Hindalco's Q3 net profit rises by 68.3% to Rs 838 crore versus Rs 498 crore, YoY.
• JM Financial's Q3 profit sees a 34% YoY jump, reaching Rs 322 crore.
• SAIL records a 22% YoY decline in Q3 profit, standing at Rs 423 crore.
• Repco Home Finance reports a 23% YoY increase in Q3 profit, totaling Rs 99 crore.
• Tilaknagar Industries sees a 42% YoY fall in Q3 profit, totaling Rs 43.8 crore.
• TVS Srichakra's Q3 net profit rises by 23%, reaching Rs 24.1 crore, with revenue down 1.7% at Rs 719 crore versus Rs 731.3 crore, YoY.
• West Coast's Q3 net profit declines by 48.4% to Rs 136 crore versus Rs 263.7 crore, and revenue falls by 15.7% to Rs 1,045 crore versus Rs 1,239 crore, YoY.
• MTNL reports Q3 net loss at Rs 839 crore versus a loss of Rs 793 crore, with revenue down 3% at Rs 192 crore versus Rs 198 crore, QoQ.
• Deccan Cements' Q3 net profit is up by 26.2% at Rs 15.4 crore versus Rs 12.2 crore, and revenue increases by 2.8% at Rs 216.9 crore versus Rs 211 crore, YoY.
• Borosil reports Q3 net profit at Rs 37.3 crore against Rs 15.9 crore, with revenue up 45.9% at Rs 302 crore against Rs 207 crore, YoY.
• KIOCL's Q3 net profit is Rs 39 crore versus a loss of Rs 34 crore, and revenue is up 91% at Rs 549.5 crore versus Rs 287.9 crore, YoY.
• Siemens reports Q1SY24 earnings with a net profit of Rs 505.4 crore versus CNBC TV Poll of Rs 449 crore.
• Arvind Fashion's Q3 earnings show a 14% YoY increase in net profit at Rs 30.1 crore versus Rs 26.4 crore.
• KRBL reports Q3 earnings with a 35% YoY decrease in net profit at Rs 133.8 crore versus Rs 205.4 crore, and revenue down 6.4% at Rs 1,437 crore versus Rs 1,536 crore, YoY.
• PG Electro reports Q3 earnings with a 40.1% YoY increase in net profit at Rs 19.2 crore versus Rs 13.7 crore.
• Info Edge reports Q3 earnings with a net profit of Rs 213.5 crore versus a loss of Rs 84.2 crore, and revenue up 7.2% at Rs 595.3 crore versus Rs 555.1 crore, YoY.
• Eicher Motors reports Q3 net profit at Rs 996 crore and revenue at Rs 4,179 crore.
• Marksans Pharma's Q3 earnings reveal a 31.2% YoY increase in net profit at Rs 83.2 crore versus Rs 63.4 crore, with revenue up 22.2% at Rs 586.1 crore versus Rs 479.8 crore, YoY.
• BHEL's Q3 earnings show a net loss of Rs 163 crore versus a profit of Rs 31 crore, with revenue up 4.6% at Rs 5,504 crore versus Rs 5,263 crore, YoY.
• Panacea Biotec's Q3 results indicate a net loss at Rs 2.2 crore versus a profit of Rs 19.4 crore, with revenue up 30.6% at Rs 150.5 crore versus Rs 115.2 crore, YoY.
• ITI's Q3 results show a net loss of Rs 101.3 crore versus a loss of Rs 87.6 crore, with revenue up 0.9% at Rs 258.8 crore versus Rs 256.4 crore, YoY.
• Bosch's Q3 earnings report a 62.4% YoY increase in net profit at Rs 518 crore versus Rs 318.9 crore, and revenue up 14.9% at Rs 4,205.2 crore versus Rs 3,659.9 crore, YoY.

Date: 12 February 2024 Stock Market Highlights

The stock market today saw a slight uptick at the opening, yet it struggled to sustain the momentum. The sell-off gained momentum throughout the session, leading to both the Sensex and the Nifty concluding near the day's lowest point.

• Sensex closed 523 points (0.73%) lower at 71,073 from the day's low of 70,922.57.
• Nifty concluded 166.50 points (0.76%) down at 21,616, reaching a low of 21,575 during the day.
• Bank Nifty experienced pressure, hitting the day's low of 44,633.85, ultimately closing 1.65% lower at 44,882.25.

Top Gainers of Nifty 50

Top Losers of Nifty 50

52 Week High Stocks of Nifty 50

FII & DII Activity

FII Net Purchase is of Rs 126.60 Cr
DII Net Purchase is of Rs 1711.75 Cr

Roundup of Stock Market Today

Sector Update

• FMCG, PSU bank, capital goods, metal, oil & gas, power, and realty sectors saw declines of 1-4%.
• Healthcare and IT indices finished positively.
• BSE midcap index dropped by 2.6%, while the smallcap index saw a 3% decrease.

Market Update

• Man Industries secures new orders totaling approximately Rs 525 crore for the supply of various types of pipes.
• Gensol Engineering & Matrix Gas consortium successfully wins a PLI bid for Hydrogen Electrolyser Manufacturing.
• Minda Corporation enters a partnership with a Japanese player to manufacture smart vehicle access systems.
• Dynacons Systems and Solutions secures a Rs 90.02 crore order from BSNL for providing Integrated Telecom Network & IT Solutions, including a Command Centre and Network Operations Centre.
• Rane Group announces the merger of Rane Brake Lining and Rane Engine Valve into Rane (Madras).
• Surya Roshni receives an order worth Rs 119.70 crore for the supply of coated pipes.
• Aurobindo Pharma obtains USFDA approval for Deflazacort Tablets, indicated for the treatment of Duchenne Muscular Dystrophy.
• Yatharth Hospital and Trauma Care Services acquires Faridabadbased Asian Fidelis Hospital for Rs 116 crore.
• USFDA classifies the inspection conducted at Dr Reddy's Labs R&D centre in Hyderabad as Voluntary Action Indicated (VAI).
• Apeejay Surrendra Park Hotels IPO makes its NSE debut with a 20% premium, opening at Rs 186, Rs 31 higher than the issue price of Rs 155. The stock touches a high of Rs 223 and concludes the session at Rs 203.
• Vibhor Steel Tubes IPO is set to open for subscription starting tomorrow.
• Entero Healthcare Solutions IPO subscribed 0.18 times on Day 2 of the bidding.

Q3 Result Update 

Upcoming Result on 13th February 2024

• Aakash Exploration Services 
• Accuracy Shipping 
• Archidply Decor 
• Agarwal Industrial Corporation 
• Abans Holdings 
• Asian Hotels (East) 
• Ahluwalia Contracts (India) 
• Airan 
• Alpa Laboratories 
• Alphageo (India) 
• Arrow Greentech 
• Art Nirman 
• Arvind Fashions 
• Bartronics India 
• Atam Valves 
• Antony Waste Handling Cell 
• Bombay Burmah Trading Corporation 
• BF Investment 
• BF Utilities 
• Bharat Heavy Electricals 
• Bkm Industries 
• BEML Land Assets 
• Blue Chip India 
• Bodal Chemicals 
• Borosil 
• Bosch 
• BPL 
• Capital Trust 
• Career Point 
• Country Club Hospitality & Holidays 
• Century Extrusions 
• Cineline India 
• Coffee Day Enterprises 
• Commercial Syn Bags 
• COSMO FIRST 
• Country Condo's 
• Creative Newtech 
• Creative Eye 
• Cura Technologies 
• Dangee Dums 
• DCM  
• Deccan Cements 
• Deepak Nitrite 
• Delphi World Money 
• Digidrive Distributors 
• Donear Industries 
• D P Wires 
• Dredging Corporation of India 
• Dynamatic Technologies 
• Eicher Motors 
• Euro India Fresh Foods 
• Entertainment Network (India) 
• Equippp Social Impact Technologies 
• Eris Lifesciences 
• Federal-Mogul Goetze (India) .
• Focus Lighting and Fixtures 
• GB Global 
• Genus Power Infrastructures 
• Global Vectra Helicorp 
• GOCL Corporation 
• Aion-Tech Solutions 
• Garden Reach Shipbuilders & Engineers 
• Gujarat Gas 
• Sri Havisha Hospitality and Infrastructure 
• HCL Infosystems 
• Housing Development and Infrastructure 
• Hindalco Industries 
• Hindustan Composites 
• Hindustan Copper 
• Hindustan Oil Exploration Company 
• The Hi-Tech Gears 
• HLE Glascoat 
• Indiabulls Real Estate 
• IFB Agro Industries 
• IG Petrochemicals 
• Industrial Investment Trust 
• Impex Ferro Tech 
• IMP Powers 
• India Nippon Electricals 
• Indo Borax & Chemicals 
• Indo Tech Transformers 
• Innova Captab 
• INOX India 
• Indian Railway Catering And Tourism Corporation 
• Intrasoft Technologies 
• Isgec Heavy Engineering 
• ITI 
• IL&FS Investment Managers 
• IZMO 
• Jindal Worldwide 
• Jyoti Structures 
• Kakatiya Cement Sugar & Industries 
• Kalyani Commercials 
• Kalyani Forge 
• Kaushalya Infrastructure Development Corporation 
• Kellton Tech Solutions 
• Kalyani Investment Company 
• KIOCL 
• KRBL 
• La Opala RG 
• Lasa Supergenerics 
• Laxmi Cotspin 
• LCC Infotech 
• Libas Consumer Products 
• Likhitha Infrastructure 
• Loyal Textile Mills 
• Lumax Auto Technologies 
• Magadh Sugar & Energy 
• Mangalam Drugs And Organics 
• Marksans Pharma 
• Mcnally Bharat Engineering Company 
• Mcleod Russel India 
• Medi Assist Healthcare Services 
• Megastar Foods 
• Modison 
• Mtar Technologies 
• Mahanagar Telephone Nigam 
• Nagreeka Exports 
• National Aluminium Company 
• Info Edge (India) 
• NBCC (India) 
• Naga Dhunseri Group 
• Nesco 
• Norben Tea & Exports 
• NRB Bearing 
• Nupur Recyclers 
• Nalwa Sons Investments 
• Nuvama Wealth Management 
• Oil India 
• Orient Ceratech 
• Ortin Laboratories 
• Panacea Biotec 
• Prime Focus 
• PG Electroplast 
• Power & Instrumentation (Gujarat) 
• Pilani Investment and Industries Corporation 
• Pritish Nandy Communications 
• Power Mech Projects 
• Prakash Pipes 
• Prakash Steelage 
• Prestige Estates Projects 
• Prozone Realty 
• PTC Industries 
• Quintegra Solutions 
• Radiant Cash Management Services 
• Rashtriya Chemicals and Fertilizers 
• RHI Magnesita India 
• Raj Oil Mills 
• Sakuma Exports 
• SEMAC Consultants 
• Senco Gold 
• SEPC 
• Sequent Scientific 
• Shaily Engineering Plastics 
• Shankara Building Products 
• Shree Pushkar Chemicals & Fertilisers 
• Sical Logistics 
• Siemens 
• Sikko Industries 
• Standard Industries 
• Simbhaoli Sugars 
• Simplex Infrastructures 
• Sindhu Trade Links 
• SPML Infra 
• Sree Rayalaseema Hi-Strength Hypo 
• Sula Vineyards 
• Sundaram Multi Pap 
• Supreme Engineering 
• Suryalakshmi Cotton Mills 
• Take Solutions 
• Tarsons Products 
• Tasty Bite Eatables 
• TCI Finance 
• Techno Electric & Engineering Company 
• Texmo Pipes and Products 
• TGB Banquets And Hotels 
• Thejo Engineering 
• Tide Water Oil Company (India) 
• Technocraft Industries (India) 
• TruCap Finance 
• TVS Srichakra 
• The Ugar Sugar Works 
• Uniphos Enterprises 
• Universus Photo Imagings 
• Valiant Organics 
• Vardhman Polytex 
• Veto Switchgears And Cables 
• Vikas Lifecare 
• VIP Clothing 
• Vipul 
• VLS Finance 
• West Coast Paper Mills 
• Xchanging Solutions 
• Zee Entertainment Enterprises 
• Zenith Steel Pipes & Industries 
• Zuari Industries 

Results Declared

• Mishra Dhatu Nigam's Q3 profit sees a 67% YoY decline to Rs 12.8 crore, attributed to higher input costs.
• Anupam Rasayan's Q3 net profit drops by 57.1% to Rs 18.4 crore, while revenue decreases by 24.6% to Rs 295.5 crore, YoY.
• Advanced Enzyme Technologies records a 52% YoY surge in Q3 profit, reaching Rs 42.5 crore.
• Anup Engineering's Q3 net profit rises by 44.3% to Rs 20.2 crore, with revenue up 12.2% at Rs 128.4 crore, YoY.
• Kiri Industries reports Q3 net profit of Rs 126.4 crore (previously Rs 54 crore) and a 7.3% YoY increase in revenue to Rs 218.7 crore.
• EMS Q3 Results show a 26.4% YoY increase in net profit at Rs 37.3 crore and a 32% rise in revenue to Rs 200 crore.
• Cera Sanitary's Q3 net profit is down by 9.6% at Rs 51 crore, and revenue decreased by 4.1% to Rs 439 crore YoY.
• Bharat Forge's Q3 net profit grows by 30.7% to Rs 377.8 crore, and revenue increases by 16% to Rs 2,263.3 crore, YoY.
• Patel Engineering reports Q3 net profit at Rs 68.2 crore (previously Rs 17.2 crore) and an 11.1% YoY rise in revenue to Rs 1,061 crore.
• Sakhti Sugars Q3 Results show a net loss of Rs 42.7 crore (previously a profit of Rs 19.5 crore) and an 18.8% YoY decline in revenue to Rs 151 crore.
• BCL Industries reports a 16.5% YoY increase in revenue at Rs 622.2 crore and a 31% rise in profit to Rs 30.6 crore in Q3.
• DCM Shriram records a net profit of Rs 29 crore in Q3.
• Force Motors reports a Q3 net profit of Rs 85.40 crore.
• Hindustan Aeronautics Q3 net profit rises by 9%, with a 7% increase in revenue.
• NHPC Q3 Results show a 30.1% YoY decrease in net profit at Rs 546.1 crore and a 25.3% decline in revenue to Rs 1,697 crore.
• Edelweiss Financial Services Q3 PAT rises to Rs 125 crore from Rs 101 crore; revenue at Rs 2398 crore vs Rs 2118 crore.
• TCI Express Q3 net profit is down by 9.5% at Rs 32.2 crore, and revenue decreases by 2.5% to Rs 314 crore, QoQ.
• BLS E-Services consolidated revenue for Q3 stands at Rs 71.65 crore, compared to Rs 69.07 crore in the corresponding previous quarter, with operating EBITDA growing by 15.7% to Rs 10.31 crore.
• Samvardhana Motherson's Q3 consolidated profit rises by 26.5% to Rs 633.3 crore, and consolidated revenue increases by 26.8% to Rs 25,697.6 crore, YoY.
• Mazagon Dock's Q3 net profit is up by 77% at Rs 626.8 crore against Rs 354.2 crore, and revenue increases by 30.1% to Rs 2,362.5 crore, YoY.

Date: 9 February 2024 Stock Market Highlights

The stock market today closed the day with slight gains amidst a volatile trading session. Investors remained on the lookout for additional triggers to guide market movements.

• Sensex concluded with a 0.23% surge, up by 167.06 points at 71,595.49.
• Nifty wrapped up the day up 64.55 points or 0.30% to reach 21,782.50.
• Bank Nifty observed an increase of 622.55 points (1.38%), concluding at 45,634.55.

Top Gainers of Nifty 50

Top Losers of Nifty 50

52 Week High Stocks of Nifty 50

52 Week Low Stocks of Nifty 50

FII & DII Activity

FII Net Purchase is of Rs 141.95 Cr
DII Net Sale is of Rs 421.87 Cr

Roundup of Stock Market Today

Sector Update

• Nifty Healthcare gained about 1%, while Nifty Pharma rose by 0.5%.
• Nifty Metal experienced the largest loss, declining by 1.54%.
• Nifty Realty, Nifty IT, and Nifty Media closed with losses due to selling pressure on constituent stocks.

Market Update

• IRCTC signs MoU with Uttarakhand Government to operate tourist trains.
• Zydus Lifesciences announces a buyback at Rs 1,005 per share with a size of Rs 600 Cr. The record date is set on Feb 23, 2024. The stock concluded its session today at Rs 805.
• Goldman Sachs Funds offloads 0.91% stake in Paradeep Phosphates.
• Dixon Technologies' subsidiary Dixon Electro Manufacturing begins production of refrigerators.
• BHEL wins Rs 5,500-crore order from Haryana Power Generation Corp Ltd for setting up a 1x800 MW ultra super-critical expansion unit.
• Max Healthcare Institute board approves the acquisition of a 100% stake in Alexis Multi-Speciality Hospital.
• USFDA issues a complete response letter for Biocon's Bevacizumab Biologics License Application (BLA).
• Nirma announces an open offer to acquire up to 17.33% stake in Glenmark Life.
• EPIC Energy receives a Letter of Award (LOA) for the supply, installation & commissioning of a 54.6 KW Grid Connected Solar PV System with 3 Phase Inverters.
• DB Realty board gives in-principle approval to demerge the hospitality business.
• J Kumar Infra and NCC secured a Rs 2,556 crore order from BMC.
• IPOs of Rashi Peripherals, Jana Small Finance Bank, and Capital Small Finance Bank were subscribed 62.95 times, 19.89 times and 4.17 times, respectively, on the final day of the bidding.
• Entero Healthcare Solutions IPO was subscribed 0.09 times on Day 1 of the bidding.

Q3 Result Update 

Upcoming Result on 10th February 2024

• Advanced Enzyme Technologies 
• Akg Exim 
• Amber Enterprises India 
• Apex Frozen Foods 
• Atlas Cycles (Haryana) 
• Aurobindo Pharma 
• Autoline Industries 
• Balkrishna Paper Mills 
• Beardsell 
• BSL 
• Chemcon Speciality Chemicals 
• Digjam 
• Divi's Laboratories 
• Filatex India 
• Flair Writing Industries 
• Hisar Metal Industries 
• Ice Make Refrigeration 
• Iris Business Services 
• Jagran Prakashan 
• Jayant Agro Organics 
• Sai Silks (Kalamandir) 
• Lexus Granito (India) 
• Madhucon Projects 
• Maithan Alloys 
• Manomay Tex India 
• Manorama Industries 
• Mawana Sugars 
• Nahar Capital and Financial Services 
• Nahar Industrial Enterprises 
• Nahar Poly Films 
• Nahar Spinning Mills 
• Orissa Bengal Carrier 
• Orient Press 
• PPAP Automotive 
• Pritika Auto Industries 
• Raj Rayon Industries 
• Shree Rama Newsprint 
• Reliance Communications 
• Ravi Kumar Distilleries 
• Sahyadri Industries 
• Sakar Healthcare 
• The Sandesh 
• Sarveshwar Foods 
• Satia Industries 
• Silly Monks Entertainment 
• SMS Lifesciences India 
• Suumaya Industries 
• Tera Software 
• Themis Medicare 
• Tijaria Polypipes 
• TVS Electronics 
• Updater Services 
• UFLEX 
• V2 Retail 
• Yatharth Hospital & Trauma Care Services 
• Zenith Exports 

Upcoming Result on 12th February 2024

• 63 moons technologies 
• A2Z Infra Engineering 
• Aaron Industries 
• Aartech Solonics 
• Airo Lam 
• AJR INFRA AND TOLLING 
• Allcargo Logistics 
• Almondz Global Securities 
• Ami Organics 
• Amines & Plasticizers 
• The Andhra Sugars 
• The Anup Engineering 
• Anupam Rasayan India 
• Anjani Portland Cement 
• Archies 
• Rajdarshan Industries 
• Arihant Superstructures 
• Ashiana Housing 
• Avadh Sugar & Energy 
• AVRO INDIA 
• Bafna Pharmaceuticals 
• B.A.G Films and Media 
• Bajel Projects 
• Bal Pharma 
• Bannari Amman Sugars 
• BASF India 
• Bharat Forge 
• Bhartiya International 
• BLS International Services 
• BLS E-Services 
• Burnpur Cement 
• Cera Sanitaryware 
• Chemplast Sanmar 
• Coal India 
• Cambridge Technology Enterprises 
• Cubex Tubings 
• Dilip Buildcon 
• DB (International) Stock Brokers 
• DCM Shriram Industries 
• Dhunseri Investments 
• D. P. Abhushan 
• Edelweiss Financial Services 
• Elgi Equipments 
• EMS 
• Future Market Networks 
• Galaxy Surfactants 
• Ganesh Benzoplast 
• GE Power India 
• Gillanders Arbuthnot & Company 
• GlaxoSmithKline Pharmaceuticals 
• Gujarat Pipavav Port 
• G R Infraprojects 
• GVP Infotech 
• Hindustan Aeronautics 
• HB Stockholdings 
• HEC Infra Projects 
• HEG 
• Hindware Home Innovation 
• HLV 
• Honda India Power Products 
• IL&FS Engineering and Construction Company 
• Indian Card Clothing Company 
• Ind-Swift Laboratories 
• Jet Freight Logistics 
• JM Financial 
• Kirloskar Electric Company 
• Khadim India 
• Khaitan Chemicals & Fertilizers 
• Khaitan (India) 
• Kiri Industries 
• Kirloskar Oil Engines 
• Kothari Sugars And Chemicals 
• Kothari Products 
• Krebs Biochemicals and Industries 
• Kridhan Infra 
• Krishana Phoschem 
• Krsnaa Diagnostics 
• Lagnam Spintex 
• Lambodhara Textiles 
• Latteys Industries 
• Lakshmi Machine Works 
• Lokesh Machines 
• Landmark Property Development Company 
• Lypsa Gems & Jewellery 
• Mahamaya Steel Industries 
• Mallcom (India) 
• Malu Paper Mills 
• Manaksia Aluminium Company 
• Manaksia 
• Manaksia Steels 
• Manali Petrochemicals 
• Manugraph India 
• Mazda 
• Mazagon Dock Shipbuilders 
• Madhya Bharat Agro Products 
• Medicamen Biotech 
• Medico Remedies 
• Modi Rubber 
• Modern Threads (India) 
• Mohit Industries 
• Samvardhana Motherson International 
• MRO-TEK Realty 
• MSP Steel & Power 
• Manoj Vaibhav Gems N Jewellers 
• Nagreeka Capital & Infrastructure 
• Nandan Denim 
• NGL Fine-Chem 
• NHPC 
• NINtec Systems 
• Niraj Cement Structurals 
• Nitco 
• Nucleus Software Exports 
• Oriental Aromatics 
• Oil Country Tubular 
• OM INFRA 
• Optiemus Infracom 
• The Orissa Minerals Development Company 
• Oswal Agro Mills 
• Oswal Greentech 
• Pansari Developers 
• Patel Engineering 
• Pearl Global Industries 
• The Phoenix Mills 
• Precot 
• PVP Ventures 
• Race Eco Chain 
• Radhika Jeweltech 
• Rajshree Sugars & Chemicals 
• Rama Phosphates 
• Ramky Infrastructure 
• Repco Home Finance 
• Renaissance Global 
• Robust Hotels 
• Rishabh Instruments 
• Radha Madhav Corporation 
• Ruchira Papers 
• Sab Events & Governance Now Media 
• SAIL
• Sakthi Sugars 
• Sampann Utpadan India 
• Sansera Engineering 
• Seamec 
• Selan Exploration Technology 
• Shivalik Rasayan 
• Shreyans Industries 
• Sintercom India 
• Skipper 
• Softtech Engineers 
• Soma Textiles & Industries 
• Somi Conveyor Beltings 
• Savita Oil Technologies 
• S. P. Apparels 
• SPL Industries 
• Sreeleathers 
• Sumit Woods 
• Suraj Estate Developers 
• Suvidhaa Infoserve 
• TARC 
• TCI Express 
• Tembo Global Industries 
• Tilaknagar Industries 
• Time Technoplast 
• Tamilnadu Telecommunication 
• TREJHARA SOLUTIONS 
• TRF 
• TV Vision 
• Ujaas Energy 
• Unitech 
• Uravi T and Wedge Lamps 
• Viceroy Hotels 
• Vineet Laboratories 
• Visaka Industries 
• Vishnu Chemicals 
• Vishwaraj Sugar Industries 
• Wonder Electricals 
• WE WIN 
• The Western India Plywoods 
• Zee Media Corporation 

Results Declared

• Datamatics Global Services Q3 Net Profit declines by 10% to Rs 41.3 crore, with a 1% drop in revenue to Rs 369.3 crore, YoY.
• Sapphire Foods India Q3 Net Profit plunges 72.7% to Rs 9 crore, while revenue sees an 11.6% increase to Rs 665.5 crore, YoY.
• Alkem Laboratories Q3 Net Profit rises by 30.9% to Rs 595 crore, with a 9.3% growth in revenue to Rs 3,324 crore, YoY.
• Bajaj Hindusthan Sugar Q3 Net Profit reaches Rs 20.3 crore, compared to a loss of Rs 58.4 crore, and revenue rises by 21.7% to Rs 1,740 crore, YoY.
• Zydus Lifesciences Q3 Net Profit increases by 26.8% to Rs 790 crore, and revenue grows by 6% to Rs 4,505 crore, YoY.
• PSP Projects Q3 Net Profit drops by 12.2% to Rs 31.1 crore, while revenue climbs by 41% to Rs 704.8 crore, YoY.
• MRF Q3 Net Profit stands at Rs 508 crore, up from Rs 169 crore, with revenue increasing by 9.3% to Rs 6,048 crore, YoY.
• Saregama India Q3 Net Profit decreases by 1.2% to Rs 52.2 crore, and revenue rises by 12.3% to Rs 204.3 crore, YoY.
• Grasim Industries Q3 profit falls by 8% YoY to Rs 236 crore.
• Aster DM Healthcare Q3 profit surges by 29% YoY to Rs 179 crore.
• Global Health Q3 profit sees a 53.4% YoY surge to Rs 123.6 crore.
• Rail Vikas Nigam Q3 profit falls by 6.2% YoY to Rs 359 crore.
• Heranba Industries Q3 Net Profit increases by 10.3% to Rs 13.9 crore, and revenue rises by 8.6% to Rs 299.7 crore, YoY.
• Ramco Cements Q3 profit surges by 38.6% YoY to Rs 93.4 crore.
• United Breweries reports net profit at Rs 84 crore for Q3.
• Patanjali Foods Q3 profit drops by 19.6% YoY to Rs 216.5 crore.
• Pfizer Q3 Net Profit declines by 13.7% to Rs 130 crore, with a 13.2% drop in revenue to Rs 540 crore, YoY.
• Globus Spirits Q3 Net Profit rises by 65% to Rs 44.5 crore, and revenue increases by 16% to Rs 687 crore, YoY.
• KCP Q3 Net Profit reaches Rs 95.7 crore, compared to a loss of Rs 12 crore, and revenue rises by 41% to Rs 777 crore, YoY.
• Paras Defence Q3 Net Profit decreases by 32% to Rs 66.6 crore, while revenue goes up by 5% to Rs 642 crore, YoY.
• Finolex Cables Q3 Net Profit declines by 4.2% to Rs 151 crore, and revenue increases by 6.2% to Rs 1,221.7 crore, YoY.
• VA Tech Wabag Q3 Net Profit rises by 33.6% to Rs 62.9 crore, and revenue increases by 8.1% to Rs 704.4 crore, YoY.
• Easy Trip Q3 Net Profit increases by 9.6% to Rs 45.7 crore, YoY.
• GMDC Q3 Net Profit drops by 56.1% to Rs 116.8 crore, and revenue falls by 34% to Rs 564.3 crore, YoY.
• Emami Q3 net profit rises by 12% to Rs 260.65 crore, with a marginal increase in revenue.

Date: 8 February 2024 Stock Market Highlights

The stock market today witnessed a significant decline as the Reserve Bank of India (RBI) opted to maintain the status quo on key interest rates.

• Sensex concluded with a 1% decline, down by 723.57 points at 71,428.43.
• Nifty wrapped up the day 0.97% lower, shedding 212.55 points to reach 21,717.95.
• Bank Nifty observed a decline of 806.50  points (1.76%), concluding at 45,012.

Top Gainers of Nifty 50

Top Losers of Nifty 50

52 Week High Stocks of Nifty 50

52 Week Low Stocks of Nifty 50

FII & DII Activity

FII Net Sale is of Rs 4933.78 Cr
DII Net Purchase is of Rs 5,512.32 Cr

Roundup of Stock Market Today

Sector Update

• Auto, bank, realty, capital goods, and FMCG sectors declined by 0.6-2%.
• Oil & gas, power, Information Technology, and PSU Bank sectors saw an increase of 0.3-2%.
• BSE midcap index closed flat, while the smallcap index was down by 0.4%.

Market Update

• RBI MPC maintains the Repo Rate at 6.5%.
• The GDP growth projection for the fiscal year 2025 is set at 7%, with individual quarterly growth rates of 7.2% in Q1, 6.8% in Q2, 7% in Q3, and 6.9% in Q4.
• Headline inflation averages 5.5% (Apr-Dec 2023), down from 6.7% in 2022-23.
• Jan-Mar 2024 CPI inflation forecast revised to 5.0% from 5.2%.
• Suven Pharma in merger talks with Cohance Lifesciences.
• Welspun was declared L1 bidder for the Rs 4,128 crore BMC water treatment plant project.
• Perennial Emerging Growth Fund acquires 5 lakh shares in Star Housing Finance.
• Indiabulls Real Estate sells 0.78% stake in RattanIndia Power.
• BPCL's PLL renews 20-year, 7.5 MMTPA LNG partnership with Qatar Energy.
• USFDA issues Form-483 with three observations for Piramal Pharma's Riverview facility.
• INOXCVA signs MoU with IUAC for superconducting magnet-based systems.
• Kalyani Steels pays Rs 425 crore for Kamineni Steel asset acquisition.
• DroneAcharya Aerial secures first order from Vimaan Aerospace.
• Landmark Cars receives a Letter of Intent from MG Motor India for Mumbai dealership.
• SJVN gets Letter of Intent for 200 MW solar power project from Gujarat Urja Vikas Nigam.
• Zydus Life receives final US FDA approval for Dexamethasone Tablets.
• Apollo Hospitals announces Rs 6 per share dividend.
• IPOs of Rashi Peripherals, Jana Small Finance Bank, and Capital Small Finance Bank were subscribed 3.38 times, 1.98 times and 1.25 times, respectively, on the final day of the bidding.

Q3 Result Update 

Upcoming Result on 9th February 2024

• Aban Offshore 
• Alicon Castalloy 
• Alkali Metals 
• Alkem Laboratories 
• Amrutanjan Health Care 
• ARSS Infrastructure Projects 
• Ashoka Metcast 
• Astron Paper & Board Mill 
• ATLANTAA 
• Baid Finserv 
• Bajaj Healthcare 
• Bajaj Hindusthan Sugar 
• Balaji Telefilms 
• BALAXI PHARMACEUTICALS 
• Bandhan Bank 
• Banka BioLoo 
• Binani Industries 
• Camlin Fine Sciences 
• Campus Activewear 
• Caplin Point Laboratories 
• Cello World 
• Centrum Capital 
• CMI Limited
• Delta Manufacturing 
• Dhani Services 
• Diamond Power Infrastructure 
• Dish TV India 
• DMCC SPECIALITY CHEMICALS 
• DOMS Industries 
• Dhunseri Ventures 
• Easy Trip Planners 
• Everest Kanto Cylinder 
• Eldeco Housing And Industries 
• Elgi Rubber Company 
• Emami 
• Emami Realty 
• Excel Industries 
• Future Consumer 
• FCS Software Solutions 
• Globus Spirits 
• Gujarat Mineral Development Corporation 
• GNA Axles 
• Godrej Industries 
• Gokul Refoils and Solvent 
• GSS Infotech 
• GP Petroleums 
• Happy Forgings 
• Hariom Pipe Industries 
• Harrisons  Malayalam 
• Heranba Industries 
• Hercules Hoists 
• Hero MotoCorp 
• Hilton Metal Forging 
• Honasa Consumer 
• Hindprakash Industries 
• Hubtown 
• HUDCO
• IFCI 
• Igarashi Motors India 
• Indigo Paints 
• Indo Amines 
• Inox Green Energy Services 
• Inox Wind 
• International Conveyors 
• IRFC
• IRM Energy 
• India Tourism Development Corporation 
• IVP Limited
• Inox Wind Energy 
• Jayshree Tea & Industries 
• Jain Irrigation Systems 
• JITF Infralogistics 
• Jupiter Life Line Hospitals 
• Jubilant Industries 
• KCP Limited
• KCP Sugar and Industries Corporation 
• Keynote Financial Services 
• Kirloskar Industries 
• Kothari Petrochemicals 
• Kritika Wires 
• Landmark Cars 
• Lumax Industries 
• Manaksia Coated Metals & Industries 
• Mangalam Organics 
• Mask Investments 
• Matrimony.Com 
• Max Estates 
• Megasoft 
• Mishra Dhatu Nigam 
• MITCON Consultancy & Engineering Services 
• Moksh Ornaments 
• Mold-Tek Technologies 
• Mold-Tek Packaging 
• The Motor & General Finance 
• MRF 
• MT Educare 
• NCL Industries 
• Neogen Chemicals 
• The New India Assurance Company 
• NRB Industrial Bearings 
• NRB Industrial Bearings 
• Nila Infrastructures 
• Indo-National 
• Niraj Ispat Industries 
• Omaxe 
• One Point One Solutions 
• Paras Defence and Space Technologies 
• Pennar Industries 
• PI Industries 
• Pitti Engineering 
• Pix Transmissions 
• Poddar Pigments 
• Prakash Industries 
• Premier 
• Priti International 
• PSP Projects 
• Reliance Infrastructure 
• Remsons Industries 
• Shree Renuka Sugars 
• Royal Orchid Hotels 
• Rajshree Polypack 
• RPSG VENTURES 
• RSWM 
• S&S Power Switchgears 
• Sadbhav Engineering 
• Sah Polymers 
• Sambhaav Media 
• Sapphire Foods India 
• Saregama India 
• Sat Industries 
• Shipping Corporation Of India 
• Setco Automotive 
• STL Global 
• Shalimar Paints 
• Shiva Mills 
• Shiva Texyarn 
• Shreyas Shipping & Logistics 
• Shyam Telecom 
• Sigma Solve 
• SJVN 
• Smartlink Holdings 
• SML Isuzu 
• Star Paper Mills 
• The State Trading Corporation of India 
• Stove Kraft 
• Sundaram Clayton 
• Sundaram Brake Linings 
• Sunflag Iron And Steel Company 
• Swelect Energy Systems 
• Tata Power Company 
• Tega Industries 
• Touchwood Entertainment 
• TPL Plastech 
• TV Today Network 
• Uma Exports 
• United Drilling Tools 
• The United Nilgiri Tea Estates Company 
• Univastu India 
• Universal Cables 
• Valiant Laboratories 
• Vesuvius India 
• Vikas EcoTech 
• Vindhya Telelinks 
• Vishnu Prakash R Punglia 
• VA Tech Wabag 
• Windsor Machines 
• W S Industries (I) 
• Zydus Lifesciences 

Results Declared

• Wonderla Holidays recorded a 3.9% decline in Q3 Net Profit, reaching Rs 37.4 crore compared to the previous year.
• Thermax reported a substantial 89% increase in Q3 Net Profit, reaching Rs 238 crore, with a 13% rise in Revenue to Rs 2,324 crore (YoY).
• Greaves Cotton's Q3 Net Profit stood at Rs 58 crore, marking a 29.6% growth in Revenue at Rs 665.4 crore (YoY).
• Munjal Showa's Q3 Net Profit was Rs 8.6 crore, experiencing a 2% decline in Revenue, amounting to Rs 303 crore (YoY).
• BEML's Q3 Net Profit decreased by 27% to Rs 48 crore, while Revenue saw a 1% increase, reaching Rs 1,047 crore (YoY).
• Bectors Food Specialities witnessed a 23.6% surge in Q3 Net Profit at Rs 35 crore, coupled with a 17% rise in Revenue to Rs 429 crore (YoY).
• Mukand's Q3 Net Profit increased by 4% to Rs 19.8 crore, although Revenue declined by 12% to Rs 1,177 crore (YoY).
• 3M India reported an 8% growth in Q3 Net Profit, totaling Rs 135 crore, with a 1% increase in Revenue at Rs 1,006 crore (YoY).
• Saksoft's Q3 Net Profit rose by 13% to Rs 22.5 crore, accompanied by a 12% increase in Revenue, reaching Rs 193 crore (YoY).
• CarTrade Tech incurred a loss of Rs 24.2 crore in Q3, despite a 42.6% growth in Revenue at Rs 138.6 crore (YoY).
• Zydus Wellness faced a significant decline in Q3 Net Profit, dropping by 98.4% to Rs 0.3 crore, with a 3.2% decrease in Revenue at Rs 403.2 crore (YoY).
• Lincoln Pharmaceuticals saw a 29.8% rise in Q3 Net Profit, reaching Rs 28 crore, alongside a 9.5% increase in Revenue at Rs 146.4 crore (YoY).
• Venky’s reported a loss of Rs 8 crore in Q3, with an 8% decline in Revenue, amounting to Rs 953 crore (YoY).
• Cummins India witnessed a 26% YoY increase in Q3 profit, reaching Rs 455 crore.
• GNFC experienced a 70% YoY decline in Q3 profit, amounting to Rs 97 crore.
• Manappuram Finance recorded a 46% YoY spike in Q3 profit, totaling Rs 575 crore.
• Apollo Hospital reported a Q3 Net Profit of Rs 245 crore, with Revenue at Rs 4850 crore.
• Balrampur Chini's Q3 Net Profit stood at Rs 91.13 crore, with Revenue reaching Rs 1230 crore.
• Page Industries reported a Q3 Net Profit of Rs 152 crore, coupled with Revenue at Rs 1230 crore.
• Escorts Kubota witnessed a 49% YoY increase in Q3 Net Profit, reaching Rs 277 crore, with a 2.5% rise in Revenue at Rs 2,320 crore.
• NCC reported a 40% YoY increase in Q3 Net Profit, amounting to Rs 220.7 crore.
• Zomato's Q3 Consolidated Net Profit was Rs 138 crore, with Revenue growing by 79% to Rs 3,288 crore (YoY).
• MMTC faced a 42.9% decline in Q3 Net Profit, reaching Rs 55.7 crore, while Revenue stood at Rs 0.73 crore (YoY).
• Power Finance Corporation reported a 22.5% YoY increase in Q3 Net Profit, totalling Rs 4,727.4 crore, with Revenue up by 20% at Rs 23,571.8 crore.
• LIC's third-quarter result reveals a substantial 49% year-on-year surge in net profit, reaching Rs 9,441 crore.

Date: 7 February 2024 Stock Market Highlights

The stock market today closed flat after a volatile day. Despite opening above 22,000, Nifty struggled. Gains faded as investors focused on RBI's monetary policy announcement on February 8.

• Sensex closed at 72,152, down by 34.09 points.
• Nifty closed flat at 21,930.50, with a marginal increase of 1.1 points.
• Bank Nifty observed a surge of 127.70  points (0.28%), concluding at 45,818.50.

Top Gainers of Nifty 50

Top Losers of Nifty 50

52 Week High Stocks of Nifty 50

FII & DII Activity

FII Net Sale is of Rs 1691.02 Cr
DII Net Purchase is of Rs 327.73 Cr

Roundup of Stock Market Today

Sector Update

• Nifty PSU Bank and realty sectors gained 2.86% and 1.84%.
• IT and auto sectors experienced profit booking.

Stock Update

• Biocon receives tentative approval from the US FDA for Dasatinib tablets.
• Intellect Design secures an order from Turkey’s VakifBank International.
• Tata Steel and TRF withdraw the scheme of amalgamation.
• L&T clinches multiple orders in India and West Asia for construction work.
• Quess Corp sells Qdigi Services to Onsitego for Rs 80 crore.
• SBI Life Insurance Company acquires Rs 239.6 crore worth of shares in KIMS.
• Godawari Power obtains Environment Clearance for iron ore pelletisation capacity expansion.
• Suraj Estate Developers launches the new project ‘Suraj Lumina’ in Mumbai.
• Lupin receives US FDA approval for Bromfenac ophthalmic solution.
• CCI approves the acquisition of a 70% stake in Kotak Mahindra General Insurance Company by Zurich Insurance Company.
• Apeejay Surrendra Park Hotels IPO subscribed 62.91 times on day three of the bidding.
• IPOs of Rashi Peripherals, Jana Small Finance Bank, and Capital Small Finance Bank were subscribed 1.16 times, 0.96 times and 0.53 times respectively on the first day of the bidding.

Q3 Result Update 

Upcoming Result on 8th February 2024

• 21st Century Management Services 
• 3M India 
• Aarti Industries 
• ABM International 
• Ambika Cotton Mills 
• Apollo Hospitals Enterprise 
• Ashima 
• Asian Hotels (North) 
• Aster DM Healthcare 
• Astra Microwave Products 
• AstraZeneca Pharma India 
• Atcom Technologies 
• Balmer Lawrie & Company 
• Balrampur Chini Mills 
• Bang Overseas 
• Black Box 
• Brand Concepts 
• Mrs. Bectors Food Specialities 
• BEML 
• Biocon 
• Bombay Dyeing & Mfg Company 
• Bodhi Tree Multimedia 
• Cartrade Tech 
• Chemfab Alkalis 
• Chaman Lal Setia Exports 
• Coastal Corporation 
• Concord Biotech 
• DCM Financial Services 
• DCX Systems 
• DEEP ENERGY RESOURCES 
• Dynacons Systems & Solutions 
• Dhunseri Tea & Industries 
• Electrosteel Castings 
• Electrotherm (India) 
• Esab India 
• ESAF Small Finance Bank 
• Escorts Kubota 
• Essar Shipping 
• Gabriel India 
• Gokul Agro Resources 
• Goldiam International 
• Grasim Industries 
• Greaves Cotton 
• Garware Hi-Tech Films 
• GTL Infrastructure 
• Harsha Engineers International 
• Hindustan Construction Company 
• Healthcare Global Enterprises 
• Hexa Tradex 
• Hikal 
• Hind Rectifiers 
• HMA Agro Industries 
• Hindustan Foods 
• Honeywell Automation India 
• IKIO Lighting 
• Imagicaaworld Entertainment 
• Indian Hume Pipe Company 
• India Shelter Finance Corporation 
• Indo Rama Synthetics (India) 
• Inspirisys Solutions 
• Ircon International 
• ITD Cementation India 
• Jai Corp 
• JK Lakshmi Cement 
• Jocil 
• Kanpur Plastipack 
• Karma Energy 
• Kilitch Drugs (India) 
• KNR Constructions 
• Kokuyo Camlin 
• Life Insurance Corporation Of India
• Linc 
• Lincoln Pharmaceuticals 
• Lyka Labs 
• Madhav Marbles and Granites 
• Maha Rashtra Apex Corporation 
• Max India 
• Global Health 
• Menon Bearings 
• Mahalaxmi Rubtech 
• MIRC Electronics 
• MMTC 
• Motisons Jewellers 
• MSTC
• Munjal Showa 
• NCC 
• Ndr Auto Components 
• Neuland Laboratories 
• Orchid Pharma 
• Orient Paper & Industries 
• Page Industries 
• Patanjali Foods 
• Power Finance Corporation 
• Precision Camshafts 
• Precision Wires India 
• Pyramid Technoplast 
• The Ramco Cements 
• Ramco Industries 
• Ratnamani Metals & Tubes 
• Refex Industries 
• RattanIndia Enterprises 
• Rupa & Company 
• Rail Vikas Nigam 
• Sadbhav Infrastructure Project 
• Sagardeep Alloys 
• Saksoft 
• S.A.L. Steel 
• Salzer Electronics 
• Sandhar Technologies 
• Sandur Manganese & Iron Ores 
• Schneider Electric Infrastructure 
• SecMark Consultancy 
• Shah Alloys 
• Sharda Motor Industries 
• Shilpa Medicare 
• Siyaram Silk Mills 
• SKF India 
• Sarthak Metals 
• SMS Pharmaceuticals 
• Starteck Finance 
• Surya Roshni 
• Suryoday Small Finance Bank 
• Sutlej Textiles and Industries 
• Tantia Constructions 
• Thermax 
• Times Guaranty 
• Tamilnadu PetroProducts 
• Torrent Power 
• Total Transport Systems 
• Trigyn Technologies 
• United Breweries 
• Uniparts India 
• Venky's (India) 
• Vertoz Advertising 
• Weizmann 
• Windlas Biotech 
• Wonderla Holidays 
• Zomato 
• Zota Health Care 
• Zydus Wellness 

Results Declared

• Vascon Engineers reports a 14.1% YoY increase in Q3 net profit at Rs 18.6 crore and a 10.4% rise in revenue at Rs 280.3 crore.
• Trent announces Q3 net profit at Rs 370.6 crore and revenue at Rs 3,466.6 crore.
• Gujarat Fluorochemicals records a 76% YoY decrease in Q3 net profit at Rs 80 crore and a 30% decline in revenue at Rs 992 crore.
• UNO Minda sees an 18% YoY jump in Q3 net profit at Rs 205 crore and a 21% increase in revenue at Rs 3,523 crore.
• Firstsource Solutions reports a 1.7% QoQ rise in Q3 net profit at Rs 128.7 crore and a 3.6% increase in revenue at Rs 1,596 crore.
• Navin Fluorine International witnesses a 27% YoY drop in Q3 profit to Rs 78 crore.
• Radico Khaitan's Q3 profit grows 23% YoY to Rs 75 crore.
• Nazara Technologies experiences a 47% YoY surge in Q3 profit to Rs 29.5 crore.
• Max Financial Services sees a 36% YoY decline in Q3 profit at Rs 171 crore.
• Godawari Power & Ispat records a 79% YoY spike in Q3 profit at Rs 229 crore.
• JB Chemicals reports a 26% YoY growth in Q3 profit at Rs 134 crore.
• Redington's Q3 profit falls 11% YoY to Rs 348 crore.
• Britannia Industries witnesses a 40% YoY decrease in Q3 profit at Rs 556 crore.
• Nocil's Q3 net profit rises 61.3% YoY to Rs 30 crore, with a 4.6% increase in revenue at Rs 340.6 crore.
• FDC reports Q3 net profit up 94.6% at Rs 79.2 crore and an 11.9% rise in revenue at Rs 458.2 crore.
• Varroc Engineering's Q3 net profit is Rs 382.6 crore, up from Rs 20.4 crore YoY, with revenue up 9.4% at Rs 1,884.5 crore.
• Ramco Systems reports Q3 net loss of Rs 26.3 crore, compared to a loss of Rs 50.2 crore YoY, with revenue up 0.6% at Rs 128.2 crore.
• Shalby's Q3 net profit rises 25% at Rs 19 crore YoY.
• Parag Milk reports Q3 net profit at Rs 34.1 crore, up from Rs 9.2 crore YoY, with an 8.8% rise in revenue at Rs 800.8 crore.
• Electronics Mart's Q3 net profit is Rs 45.8 crore, up from Rs 21.9 crore YoY, with a 20.7% increase in revenue at Rs 1,788.7 crore.
• Subex reports Q3 net loss of Rs 4.9 crore, compared to a loss of Rs 4.7 crore YoY, with an 11% rise in revenue at Rs 81.8 crore.
• DreamFolks Services' Q3 net profit rises 5.3% at Rs 20 crore YoY, with a 49.5% increase in revenue at Rs 305 crore.
• Talbros Automotive Components sees Q3 net profit rise 65.7% at Rs 22.7 crore YoY, with a 25.4% increase in revenue at Rs 198.7 crore.
• Sanghvi Movers reports Q3 net profit up 76.2% at Rs 61.3 crore YoY, with a 36.3% increase in revenue at Rs 167 crore.
• Zuari Agro Chemicals witnesses a 72.6% YoY decrease in Q3 net profit at Rs 28.6 crore and a 40.4% decline in revenue at Rs 843.4 crore.
• Nestle India's net profit rises 4.4%, with an 8% gain in revenue in the Dec quarter.
• Power Grid Corporation of India sees a 10.5% YoY increase in Q3 net profit at Rs 4,028.3 crore, with a 2.6% rise in revenue at Rs 11,549.8 crore.

Date: 6 February 2024 Stock Market Highlights

The stock market today maintained its early momentum, concluding the session near the day's peak on February 6. 

• Sensex concluded at 72,186.09, registering a 0.63% gain of 454.67 points. 
• Nifty finished at 21,929.20, reflecting a 0.72% rise of 157.50 points.
• Bank Nifty observed a drop of 134.75 points (0.29%), concluding at 45,690.80.

Top Gainers of Nifty 50

Top Losers of Nifty 50

52 Week High Stocks of Nifty 50

52 Week Low Stocks of Nifty 50

FII & DII Activity

FII Net Purchase is of Rs 92.52 Cr
DII Net Purchase is of Rs 1096.26 Cr

Roundup of Stock Market Today

Sector Update

• Sectoral gains: Auto, energy, IT, infra, metals, and pharma rose 1-3%.
• Banks and FMCG marginally declined by 0.1% each.
• BSE midcap and smallcap indices outperformed, both gaining around 1%.

Stock Update

• JK Cement announces the merger of Acro Paints with JK Maxx Paints.
• S. P. Apparels strategically acquires Young Brand Apparel Pvt Ltd for Rs 223 crore.
• NCLT agrees to hear Zee’s plea regarding the merger with Sony.
• Sun Pharma's subsidiary Taro Pharma incorporates Taro Pharma Corporation Inc in the USA.
• L&T Construction secures a contract from the Public Works Roads Department, Assam.
• Droneacharya Aerial Innovations enters into an MoU with Vimaan Aerospace.
• HDFC Bank Group receives RBI approval to acquire up to 9.5% stake in Yes Bank and IndusInd Bank.
• Gulf Oil Lubricants declares an interim dividend of Rs 16 per equity share.
• Inox Wind signs a pact to launch 4.xmw wind turbines in India.
• Thermax will acquire a 51% stake in the TSA Process for Rs 71.14 crore.
• SBI will acquire the entire stake of SBI Capital Markets in SBICAP Ventures.
• Petronet LNG executes a long-term contract to purchase 7.5 MMTPA LNG with QatarEnergy.
• Tata Group has achieved a significant milestone by becoming the inaugural Indian conglomerate to surpass a market capitalization of Rs 30 lakh crore.
• BLS E-Services IPO listed on the stock exchanges at a premium of 126%. The stock started to trade at Rs 305 against the issue price of Rs 135 and later, it ended its session at the Upper Circuit of Rs 366.
• Apeejay Surrendra Park Hotels IPO subscribed 6.15 times on day two of the bidding.
• IPOs of Rashi Peripherals, Jana Small Finance Bank, and Capital Small Finance Bank will open for subscription starting tomorrow.