Stock Market Today

Date: 19th December 2024 Stock Market Highlights

Stock market today saw India’s benchmark indices, Sensex and Nifty, plunging over 1% on December 19, extending their losing streak to the fourth consecutive session. Investor sentiment remained weak as global markets faced a downturn following the US Federal Reserve's cautious stance on rate cuts. The Fed revised its outlook, projecting only two rate cuts in 2025 instead of the previously estimated four, unsettling markets globally and weighing heavily on domestic indices.

• Sensex fell by 964 points or 1.2%, closing at 79,218.
• Nifty declined by 247.6 points or 1.02%, settling at 23,951.25.
• Bank Nifty ended the day with a decline of 563.85 points or 1.08% at 51,575.70

Top Gainers of Nifty 50

Top Losers of Nifty 50

52 Week Low Stocks

Roundup of Stock Market Today

Sector Update

• On the sectoral front, the Pharma and Healthcare indices gained over 1%
• IT, Defence, and Financials saw a decline of more than 1%.

Market Update

• Transrail Lighting secures Rs 246 crore from anchor investors ahead of its Rs 839 crore IPO.
• IKS shares debut with a strong 41% premium over IPO price.
• JSW Infra targets 400 mtpa cargo-handling capacity by FY30 as part of its expansion plans.
• Lupin gains in a weak market after receiving FDA approval for generic HIV tablets.
• Stove Kraft pares gains after rising 6% on announcing a partnership with IKEA for cookware sales.
• Zydus Life secures final USFDA approval for Lidocaine & Prilocaine Cream.
• Tata Motors gets an additional order for 148 electric buses from Bengaluru Metropolitan Transport Corporation.
• Mazda wins an export order worth Rs 98 crore, boosting its order book.
• Waaree Renewable Tech's board approves the listing of its shares on NSE.
• Nazara Technologies arm acquires AFK Gaming in a Rs 7.6 crore deal to enhance its gaming portfolio.
• JK Cement emerges as the successful bidder for Mahan Coal Mine in Singrauli District, Madhya Pradesh.

Date: 18th December 2024 Stock Market Highlights

Stock market today witnessed continued selling pressure as the benchmark indices extended their losing streak for the third straight session on December 18. The bearish sentiment dominated trading as investors stayed cautious, keeping a close watch on the Federal Reserve's upcoming rate decision expected tonight. Concerns around global economic conditions and policy outlook added to the cautious approach in the markets.

• Sensex dropped by 502.25 points or 0.62%, closing at 80,182.20.
• Nifty ended lower by 137.15 points or 0.56%, settling at 24,198.85.
• Bank Nifty ended the day with a decline of 695.25 points or 1.32% at 52,139.55

Top Gainers of Nifty 50

Top Losers of Nifty 50

52 Week Low Stocks

Roundup of Stock Market Today

Sector Update

• On the sectoral front, pharma was the only gainer, rising 1%.
• All other indices ended in the red, with auto, energy, PSU Bank, metal, media, and realty sectors falling by 0.5-2%.

Market Update

• Exide Industries invests Rs 100 crore in its subsidiary.
• Ambuja Cements' board approves the merger of Sanghi Industries and Penna Cement Industries.
• Aurobindo Pharma receives two observations from USFDA.
• RITES secures an order worth Rs 122 crore.
• Inox Wind bags an order from Serentica Renewables.
• Gensol Engineering wins a 22 MW solar PV project valued at Rs 88 crore.
• Pine Oak Global Fund acquires a 0.56% stake in Mos Utility.
• FIH Private Investments picks up a 1.45% stake in Fairchem Organics.
• Gujarat Industries Power's board approves an EPC contract award.
• Jindal Saw signs a share purchase agreement with ReNew Green Energy.
• Sai Life Sciences shares list at an 18% premium on NSE, surpassing GMP expectations.
• Vishal Mega Mart IPO delivers a strong debut with a 33% premium listing on NSE.
• J Kumar Infraprojects bags an order from NBCC.
• ITC sets January 6 as the record date for the demerger of its hotel business.
• Adani Energy Solutions incorporates a wholly owned subsidiary.
• KFin Technologies joins BlackRock’s Aladdin Provider Network.
• Eiko Lifesciences enters into a container management agreement with S J Logistics.
• HCL Tech launches an innovation lab for SAP Business AI in Germany.

Date: 17th December 2024 Stock Market Highlights

Stock market today extended its losing streak for the second consecutive session on December 17, as broad-based selling pressure dragged the indices lower. Weakness was seen across sectors, led by auto, financials, metal, and oil & gas stocks. Investor sentiment remained cautious amid global uncertainties and profit-booking at higher levels, contributing to the market's decline.

• Sensex declined by 1,064.12 points or 1.30%, closing at 80,684.45.
• Nifty ended the day at 24,336, down by 332.25 points or 1.35%.
• Bank Nifty ended the day with a decline of 746.55 points or 1.39% at 52,834.80

Top Gainers of Nifty 50

Top Losers of Nifty 50

52 Week Low Stocks

Roundup of Stock Market Today

Sector Update

• Broader indices underperformed, with the BSE Midcap and Smallcap indices falling 0.5% each.
• On the sectoral front, all indices ended in the red.
• Auto, bank, energy, metal, and oil & gas sectors declined by 1% each.

Market Update

• Mankind Pharma launches a Rs 3,000 crore QIP.
• Table Space appoints 4 banks and begins work on a Rs 3,500 crore-plus IPO.
• ADIA likely to offload a 9.2% stake in Mindspace Business Parks REIT.
• Kuber Investments acquires a 0.5% stake in Forcas Studio.
• HDFC Bank receives an administrative warning letter from SEBI.
• Texmaco Rail & Engineering bags an order worth Rs 187.41 crore.
• Gravita India’s QIP opens on December 16.
• Nitco secures a new order valued at Rs 105.40 crore.
• Rail Vikas Nigam secures an LoA for a Rs 270 crore project.
• Varun Beverages acquires a 39.93% stake in Lunarmech Technologies.
• Jungle Camps shares debut at a 90% premium on BSE SME.
• Toss The Coin shares list with a 90% premium on BSE SME.
• Religare Enterprises' arm gets a show-cause notice from IRDAI.
• Granules India secures FDA approval for ADHD treatment.
• RMC Switchgears bags a Rs 90 crore order for 5,000 solar pumps.
• ITC hotel business demerger to take effect on January 1.
• RailTel Corporation receives a Rs 37.99 crore work order from Central Warehousing Corporation.
• Wipro to acquire full 100% shareholding in Applied Value Technologies.
• LIC of India picks up a 0.03% stake in SRF.
• RMC Switchgears shares rise 5% on the Rs 90 crore order win.
• Genesys International wins a Rs 56 crore project for land records modernization in West Bengal.
• Unimech Aerospace & Manufacturing’s Rs 500-crore IPO to open on December 23.
• NMDC sets December 27 as the record date for its bonus issue.

Date: 16th December 2024 Stock Market Highlights

Stock market today ended on a weaker note as the Indian benchmark indices ignored the fall in WPI and erased part of the previous session's gains. On December 16, the Nifty slipped below 24,700 due to selling pressure in IT, metal, oil & gas, and FMCG stocks. However, buying interest in realty, PSU banks, and media stocks helped limit the downside. Market sentiment remained cautious amid mixed global cues and sector-specific trends.

• Sensex fell by 384.55 points or 0.47%, closing at 81,748.57.
• Nifty ended the day at 24,668.25, down by 100.05 points or 0.40%.
• Bank Nifty ended the day with a decline of 2.45 points at 53,581.35

Top Gainers of Nifty 50

Top Losers of Nifty 50

52 Week High Stocks

Roundup of Stock Market Today

Sector Update

• Broader indices outperformed, with the BSE Midcap and Smallcap indices gaining up to 0.3%.
• On the sectoral front, the realty index surged 3%, media gained 1.5%, and PSU Bank rose 0.5%.
• IT, metal, and oil & gas sectors declined by 0.5-1%.

Market Update

• Concord Enviro Systems to launch IPO on December 19 with a fresh issue of Rs 175 crore.
• GNG Electronics files draft papers with SEBI to raise Rs 825 crore via fresh issue.
• Dixon Technologies to establish a joint venture with vivo Mobile India.
• Waaree Energies’ subsidiary to acquire a 55% stake in Ewaa Renewable.
• Ventive Hospitality plans Rs 1,600-crore IPO, launching on December 20.
• DAM Capital Advisors' IPO to open on December 19, RHP filed.
• Lupin acquires three trademarks for anti-diabetes products.
• Reliance Industries takes a 74% stake in Navi Mumbai IIA.
• Zomato receives a GST demand order of Rs 401 crore.
• RITES secures a work order worth Rs 297.67 crore.
• Vedanta board to discuss the fourth interim dividend.
• Afcons Infrastructure bags LoA for a Rs 1,006.74 crore project.
• RMC Switchgears to invest Rs 100 crore in solar product manufacturing.
• Waaree Energies wins two orders for 398 MW solar module supply.
• Happy Forgings secures a Rs 140 crore order for crankshaft supply.
• Premier Roadlines bags multiple contracts worth Rs 30 crore.
• LG Electronics eyes a valuation of up to $15 billion for its India IPO.

Date: 13th December 2024 Stock Market Highlights

Stock market today witnessed high volatility, with Indian equity indices recovering sharply from the day's lows to close on a strong note. The rebound was driven by gains in auto, banking, telecom, and FMCG stocks. The BSE Sensex and Nifty50 surged over 2% from their intraday lows, supported by easing retail inflation and industrial growth hitting a three-month high of 3.5% in October.

• Sensex rose by 843.16 points or 1.04%, closing at 82,133.12.
• Nifty ended the day at 24,768.30, gaining 219.60 points or 0.89%.
• Bank Nifty ended the day with a decline of 30.15 points or 0.05% at 53,583.80

Top Gainers of Nifty 50

Top Losers of Nifty 50

52 Week High Stocks

52 Week Low Stocks

Roundup of Stock Market Today

Sector Update

• Auto, banking, FMCG, and telecom sectors gained 0.5-2%.
• Realty, metal, and media sectors declined by 0.5% each.

Market Update

• Kalpataru Projects to raise up to Rs 1,000 crore.
• Ministry of Defence signs Rs 13,500 crore contract with Hindustan Aeronautics.
• Retail inflation drops to 5.48% in November.
• ECB reduces interest rates for the fourth time this year.
• Lemon Tree Hotels inks license agreement for a new hotel in Jharkhand.
• Endurance Technologies arm to acquire 60% stake in Stoferle Automotive GmbH and Stoferle GmbH, Germany.
• 360 ONE WAM unit to acquire equity shares in Maple Infra InvIT.
• Bluestone Jewellery files for IPO, plans Rs 1,000 crore fresh issue.
• Indus Towers signs power purchase agreement with JSW Green Energy.
• International Gemmological Institute raises Rs 1,900 crore from anchor investors in Rs 4,225-crore IPO.
• Gravita India’s Rs 1,000 crore QIP likely next week.
• Aye Finance board approves Rs 1,450 crore IPO, including Rs 885 crore fresh issue.
• Tata Motors to increase truck and bus prices by up to 2% from January 1.
• Mamata Machinery sets IPO price band at Rs 230-243 per share.
• Ambuja Cement starts power transmission from its 200 MW solar project in Khavda.
• Ecap Equities offloads 3.4% stake in Nuvama Wealth.
• Promoters exit completely from MTAR Technologies.
• Capri Global Holdings acquires 0.53% stake in Cantabil Retail.
• Zomato receives GST demand notice for Rs 401 crore.
• Bajel Projects wins contract from Solapur Transmission for supply of goods and services.
• Ashok Leyland bags order worth Rs 345.58 crore.
• CRISIL to invest Rs 33.25 crore in Online PSB Loans platform.
• NESCO declared highest bidder by National Highways Logistics Management.
• Firstsource Solutions partners with WebID Group.
• Veefin Solutions acquires 50% stake in Walnut AI Pte.
• Astra Microwave JV secures Rs 256 crore order from Ministry of Defence.
• ICICI Bank board approves sale of 19% stake in ICICI Merchant Services.
• SEBI proposes framework for retail algo trading, seeks comments by January 3.
• Madhav Infra Projects wins new railway order.

Date: 12th December 2024 Stock Market Highlights

The stock market today closed in the red on December 12, with Nifty settling near 24,550. The decline was driven by broad-based selling across sectors as investors remained cautious ahead of the retail inflation data expected later in the day and the WPI inflation data scheduled for Friday. Market sentiment was also influenced by global cues and concerns over economic trends.

• Sensex declined by 236.18 points or 0.29%, closing at 81,289.96.
• Nifty ended the day at 24,548.70, down by 93.10 points or 0.38%.
• Bank Nifty ended the day with a decline of 174.90 points or 0.33% at 53,216.45

Top Gainers of Nifty 50

Top Losers of Nifty 50

52 Week High Stocks

52 Week Low Stocks

Roundup of Stock Market Today

Sector Update

• Broader indices underperformed the main indices, with both BSE Midcap and Smallcap indices ending in the red.
• On the sectoral front, except IT, all other sectoral indices closed lower.
• The Media index dropped by 2%, while the FMCG index declined by 1%.

Market Update

• Inventurus Knowledge Solutions secures Rs 1,120 crore through anchor investors.
• Gland Pharma gets USFDA approval for Phytonadione Injectable Emulsion.
• Vedanta board set to discuss fourth interim dividend declaration.
• Promoter sells 0.76% equity stake in Pitti Engineering.
• Saltoro Alpha LP acquires 0.3% equity in Valor Estate.
• 30 lakh shares of Nuvama Wealth worth Rs 2,100 crore traded at Rs 7,025 per share.
• Indian Overseas Bank to receive Rs 808 crore as a refund.
• 1 million shares of GMR Airports traded in a block deal, says Bloomberg.
• Waaree Energies secures LoA for a 170 MW solar power plant project.
• Godawari Power signs agreement with GAIL for RLNG gas supply.
• Emerald Tyre shares debut with a 90% premium on NSE SME.
• Shriram Finance completes sale of 84.44% stake in its housing finance arm.
• PC Jeweller board approves issuance of 5.17 crore shares to consortium lenders.
• Sammaan Capital board approves plans for fund-raising activities.
• TCS signs a five-year deal with Telenor Denmark.
• Zaggle Prepaid shares dip 3% as the firm plans Rs 950 crore QIP for expansion.
• Reliance Power subsidiary secures a 930 MW solar energy project.
• One MobiKwik Systems IPO subscribed 10.99 times by Day 2, 12:20 PM.
• Aayush Wellness bags $3 million order from Singapore-based Cosmos Holdings Pte.
• RVNL wins LoA for a Rs 110 crore project from Southern Railways.

Date: 11th December 2024 Stock Market Highlights

Stock market today ended slightly higher on December 11 as investors remained cautious ahead of key inflation data from the US and India. Market participants are keeping a close eye on the upcoming US Consumer Price Index (CPI) report, which could provide vital clues about the Federal Reserve's policy decision in the coming week.

• Sensex was up by 16.09 points or 0.02%, closing at 81,526.14
• Nifty concluded the day at 24,641.80 increasing by 31.75 points or 0.13%.
• Bank Nifty ended the day with a fall of 186.35 points or 0.35% at 53,391.35

Top Gainers of Nifty 50

Top Losers of Nifty 50

Roundup of Stock Market Today

Sector Update

• Buying observed in Auto, FMCG, IT, and Metal sectors.
• PSU Bank index declined by nearly 1%.
• BSE Midcap and Smallcap indices increased by 0.3% each.

Market Update

• NTPC Green secured a 500 MW solar power project in an e-reverse auction conducted by SECI.
• HG Infra received a LoA from the Ministry of Road Transport & Highways for a Rs 763 crore project.
• Asian Granito announced a joint venture with Shudh Investments and the UK's Klyn Stone.
• LTIMindtree partnered with GitHub Forge to enhance AI-driven software engineering.
• BEML bagged an Rs 84 crore order from the Defence Ministry.
• Indian Overseas Bank received an order confirming a refund of Rs 1,359.29 crore from the Income Tax Department for AY 2015-16.
• Ashiana Housing reported searches conducted by DGGI at Treehouse Hotel Club & Spa in Bhiwadi on December 6.
• NCLT approved Reliance Strategic Business Ventures' resolution plan for Karkinos Healthcare.
• Khattri Perfumers acquired a 2.13% stake in Kothari Products.
• Adani Ports announced plans to commission its Sri Lanka project by early next year.
• Glance partnered with Airtel Digital TV to launch Glance TV.
• Aurionpro Solutions secured an order with a leading bank in Saudi Arabia.
• Morepen Laboratories introduced "LightLife," a weight management program.
• Asahi India Glass signed a share purchase agreement with SPR Engenious.
• JSW Steel received a GST penalty order of Rs 64.5 crore.
• Hinduja Global Solutions' arm approved the merger of five wholly owned US subsidiaries with itself.
• Ugro Capital received a patent for its credit scoring model, "GRO SCORE."
• Inox Green Energy entered solar manufacturing through its privately held entity, Inox Solar.
• Greaves Cotton's arm unveiled its participation in "bauma CONEXPO India 2024."
• Tesla entered discussions with DLF for showroom space in India.
• Reliance Infra established a wholly-owned unit to engage in EV-related activities.
• VIP Clothing collaborated with Swiggy Instamart for 10-minute deliveries of its Frenchie brand.
• Tata Power partnered with Tivolt to enhance EV charging infrastructure for commercial vehicles in India.
• Dee Development Engineers received a $16.5 million purchase order from an international client.
• Bharat Global secured a supply contract with Tata Agro for premium agricultural commodities.
• Diamond Power planned to acquire machinery worth Rs 49.74 crore.
• Swiggy launched "One BLCK," an invite-only premium membership.
• Shakti Pumps received a Letter of Empanelment worth Rs 754 crore from Maharashtra State Electricity Distribution Company.
• IPOs of Vishal Mega Mart, Sai Life Sciences and Mobkwik subscribed 0.47 times, 0.84 times and 7.41 times respectively on the first day of the bidding.

Date: 10th December 2024 Stock Market Highlights

Stock market today concluded on a flat note after a highly volatile session on December 10. Following a flat to positive opening, the indices remained in positive territory during the first half. However, profit booking in the latter half pushed the Nifty into the red. Late-hour buying, particularly in IT and Realty stocks, helped recover the losses, leading to a near-unchanged close.

• Sensex was up by 1.59 points, closing at 81,510.05
• Nifty concluded the day at 24,610.05 decreasing by 8.95 points or 0.04%.
• Bank Nifty ended the day with a surge of 169.95 points or 0.32% at 53,577.70

Top Gainers of Nifty 50

Top Losers of Nifty 50

52 Week High Stocks

52 Week Low Stocks

Roundup of Stock Market Today

Sector Update

• Broader indices outperformed the main indices, with BSE Midcap and Smallcap indices gaining 0.3% each.
• On the sectoral front, power, telecom, and media declined by 0.5-1%.
• IT, metal, PSU Bank, and realty sectors rose by 0.4-1%.

Market Update

• JSW Steel reports consolidated crude steel production at 23.23 lakh tonnes for November.
• Brookfield India REIT launches QIP to raise up to Rs 3,500 crore; floor price set at Rs 287.55/share.
• Bajaj Healthcare enters into a definitive CDMO contract with UK/EU-based companies for 15 new APIs.
• ISGEC Heavy Engineering arm to sell its stake in Bioeq Energy to Triumph Excel for Rs 84.5 crore.
• Vodafone Idea selects Tejas Networks to scale its backhaul capacity for 4G and 5G rollouts.
• Tata Motors announces a price hike for its cars starting January 2025.
• Bharat Electronics receives additional orders worth Rs 634 crore.
• Metropolis Healthcare acquires Core Diagnostics for Rs 246.8 crore.
• Karur Vysya Bank reduces lending rates by 5-10 basis points.
• Glenmark Pharma arm presents clinical data from Phase 1 study of Trispecific TREAT Antibody, ISB 2001.
• Best Agro signs an MoU with Shanghai E-Tong Chemical for agrochemical R&D.
• Vodafone Idea to issue 175.53 crore equity shares to Usha Martin Telematics and Omega Telecom Holdings.
• Hardwyn India signs an MoU with Gyalsung Infra, Bhutan.
• NHPC to meet on December 12 to consider a revised borrowing plan.
• Coforge partners with ACORD Solutions Group for global insurance modernisation.
• Corona Remedies, backed by ChrysCapital, plans an IPO of up to Rs 2,000 crore.
• NBCC bags an order worth Rs 432 crore from the Central University of Odisha.
• Net equity inflow in November 2024 stands at Rs 35,927.3 crore, compared to Rs 41,865.4 crore in October 2024.
• GE Vernova T&D India bags an order worth Rs 400 crore.
• RailTel Corporation receives a Rs 24.5 crore work order from Haryana State Electronics Development Corporation for CAMC.
• Lemon Tree Hotels signs a license agreement for a resort in Mirik, West Bengal.
• LGB Forge to set up a new hot forging plant in Kinathukadavu, Coimbatore.
• Lumina Datamatics to acquire a controlling stake in TNQTech, a Chennai-based publishing technology company.
• IGL board approves a bonus issue of 1 share for every 1 held.
• Alkem Laboratories to transfer its trade generics business to Alkem Wellness through a slump sale.
• Cineline India approves the sale of Hyatt Centric Goa for Rs 270 crore.
• Shriram Pistons arm to acquire a 100% equity stake in TGPEL Precision Engineering.
• IPOs of Vishal Mega Mart, Sai Life Sciences and Mobkwik to open from tomorrow.

Date: 9th December 2024 Stock Market Highlights

The stock market today observed a sideways trajectory on the 9th of December and concluded with a decrease for the second day in a row, as the Nifty index finished close to 24,600 following selling pressure in sectors such as FMCG, PSU Banks, automobiles, and pharmaceutical companies.

• Sensex was down by 200.66 points or 0.25%, closing at 81,5080.46
• Nifty concluded the day at 24,619 decreasing by 58.8 points or 0.24%.
• Bank Nifty ended the day with a fall of 101.75 points or 0.19% at 53,407.75

Top Gainers of Nifty 50

Top Losers of Nifty 50

52 Week High Stocks

52 Week Low Stocks

Roundup of Stock Market Today

Sector Update

• FMCG and Media sectors declined by 2% each.
• Pharma, PSU Bank, Auto, and Energy sectors were down 0.5 percent each.
• The metal sector gained 0.6 percent.
• Capital Goods sector added 1 percent.
• BSE Midcap index increased by 0.3 percent.
• BSE Smallcap index rose by 0.5 percent.

Market Update

• Tembo Global declared as the lowest bidder for a water treatment project in Northern India.
• JSW Energy arm receives LoA from NTPC for setting up a 400 MW solar power project.
• Ceat to acquire Camso brand off-highway tyres and tracks business from Michelin for USD 225 million.
• Welspun Corp secures two additional orders in the US worth Rs 7,000 crore for HSAW pipes and coated pipes.
• EaseMyTrip to acquire a 49% stake in Pflege for Rs 30 crore through a share purchase agreement.
• Delta Corp revises its demerger plan for hospitality and real estate businesses.
• NLC India wins bid for Patrapara South Coal Mine in Odisha, awarded by the Ministry of Coal.
• Biocon receives an Establishment Inspection Report (EIR) with VAI status from the USFDA.
• Paytm arm to sell stock acquisition rights in Japan-based PayPay Corporation.
• Suven Pharma to acquire a 56% stake in US-based NJ Bio, Inc.
• RITES secures a $9.71 million order from the Ministry of Public Works, Guyana.
• Alembic Pharmaceuticals dissolves six step-down subsidiaries.
• Hyundai Motor India plans to install nearly 600 fast public EV chargers.
• Kernex Micro Systems secures a contract worth Rs 2,041.04 crore.
• Laurus Labs to receive Rs 120 crore investment from Eight Roads Ventures and F-Prime Capital.
• Navin Fluorine's arm starts commercial operations at its Dahej, Gujarat plant.
• Wipro collaborates with SIAM.AI as part of the NVIDIA Cloud Partner program in Thailand.
• Styrenix board approves the acquisition of INEOS Styrolution for USD 20 million.
• Sumit Woods to develop a new project with an estimated revenue potential of Rs 230 crore.
• Grasim Industries commissions an expansion project for caustic soda lye at its Gujarat plant.
• Star Health receives a show cause notice from IRDAI for non-compliance with regulations.
• Trident Group to invest an additional Rs 3,000 crore in Madhya Pradesh’s textile sector.
• Zaggle Prepaid partners with HDFC Bank to offer credit cards integrated with Zaggle software.
• Waaree Energies secures an order to supply up to 1 GW of solar modules.
• MapmyIndia decides not to make any equity or debt investment in a proposed new company.
• Supriya Lifescience obtains ANVISA approval for Esketamine Hydrochloride.
• Railtel Corporation of India wins orders worth Rs 13 crore and Rs 16 crore from South Central Railways and EPFO.
• Baazar Style Retail closes operations of two Style Baazar stores in Raigarh, Chhattisgarh, and Dhanbad, Jharkhand.

Date: 6th December 2024 Stock Market Highlights

The stock market today ended on a volatile note, with the Indian benchmark indices closing with minor losses on December 6. The Nifty slipped below 24,700 after the RBI met market expectations by keeping the repo rate unchanged while announcing a CRR cut to enhance liquidity.

• Sensex was down by 56.74 points or 0.07%, closing at 81,709.12
• Nifty concluded the day at 24,67.80, decreasing by 30.6 points or 0.12%.
• Bank Nifty ended the day with a fall of 94.05 points or 0.18% at 53,509.50

Top Gainers of Nifty 50

Top Losers of Nifty 50

52 Week High Stocks

Roundup of Stock Market Today

Sector Update

• Most sectoral indices ended in the green, except for IT and media.
• Auto, metal, FMCG, telecom, and PSU Bank indices rose by 0.3-1%.
• The BSE Midcap index gained 0.3%.
• The BSE Smallcap index increased by 0.6%.

Market Update

• GRSE signs a contract for the construction and delivery of Multi-Purpose Vessels.
• Ola Electric: CCPA seeks additional documents and information with a 15-day timeline for submission.
• Waaree Energies obtains NABL accreditation for its advanced testing lab.
• Shriram Pistons renews a technical collaboration agreement with Fuji Oozx Inc, Japan, for five years.
• RBI approves Canara Bank's proposal to divest its stake in life insurance and mutual fund ventures.
• Zaggle Prepaid Ocean Services signs an agreement with Blink Commerce.
• Torrent Power allots 2.32 crore equity shares to eligible qualified institutional buyers.
• Sarveshwar Foods secures an export order of 5,350 MT of Basmati Rice worth Rs 498 million from I SIFOL LLC, USA.
• Garden Reach signs a contract for the construction and delivery of the second ship.
• Ramco Systems partners with Hanjin Information Systems.
• RITES is appointed as a project management consultant by IIMR.
• Maruti Suzuki announces a price hike of up to 4% on its cars from January 2025.
• Dabur India receives a demand order of Rs 4.2 crore from the Commissioner of Customs (Prev.), Patna.
• Baazar Style Retail opens a new Style Baazar store in Betiahata, Uttar Pradesh.
• GPT Healthcare signs an MoU to construct a hospital building in Jamshedpur, Jharkhand.
• Synergy Green Industries signs a supply agreement with Envision Energy.
• Samvardhana Motherson to acquire Japan-based Atsumitec for USD 57 million.
• Piramal Pharma's arm enters into a settlement agreement with VetDC, Inc. for USD 407,400.
• Landmark Cars executes an Asset Transfer Agreement to acquire a Kia Showroom.
• Subex arm surrenders its Account Aggregator license to RBI.
• Venus Remedies receives marketing authorization for Pemetrexed in the Philippines.
• UltraTech Cement receives communication from CCI on its proposed acquisition of India Cements.
• Dr. Reddy’s subsidiary faces a penalty order from the Department of State Revenue, Kazakhstan.
• Kalpataru Projects secures new orders worth Rs 2,174 crore.
• The Appellate Tribunal passes an order in favor of L&T.
• Waaree Energies incorporates a subsidiary in Australia.
• RBI keeps the repo rate unchanged at 6.50%.
• RBI maintains MSF and SDF rates at 6.75% and 6.25%, respectively.
• Q3FY25 GDP growth estimate is revised to 6.8% from 7.4% earlier.
• RBI cuts the cash reserve ratio by 50 bps to 4%.

Date: 5th December 2024 Stock Market Highlights

In another session of high volatility on December 5, the stock market today closed higher, with the Nifty ending above 24,700. This marked the fifth consecutive session of gains, supported by buying in various sectors except for real estate.

• Sensex was up by 809.53 points or 1%, closing at 81,765.89
• Nifty concluded the day at 24,708.40, increasing by 240.95 points or 0.98%.
• Bank Nifty ended the day with a surge of 336.65 points or 0.63% at 53,603.55

Top Gainers of Nifty 50

Top Losers of Nifty 50

52 Week High Stocks

Roundup of Stock Market Today

Sector Update

• Except for realty and PSU bank, all other sectoral indices closed in the green.
• The Information Technology index was the top gainer, rising nearly 2%.
• The BSE midcap and smallcap indices ended with marginal gains.

Market Update

• Torrent Pharma to acquire three anti-diabetes brands from Boehringer Ingelheim.
• L&T completes acquisition of a 15% stake in E2E Networks.
• Technopack Polymers approves a 1:1 bonus share issue.
• Bondada Engineering secures a contract worth ₹108.9 crore from the Bihar Renewable Energy Development Agency.
• Suraj Estate Developers' subsidiary acquires land in Mumbai for ₹101 crore.
• Mazagon Dock reports ongoing commercial negotiations for three additional Scorpene-class submarines under Project 75.
• Bharat Forge launches a ₹1,650 crore Qualified Institutional Placement (QIP) with a floor price of ₹1,323.54 per share.
• Nazara Technologies collaborates with Lysto to launch a Web3 marketing infrastructure platform, The Growth Protocol.
• Tejas Networks was selected as a broadband equipment supplier in Tamil Nadu.
• PG Electroplast opens QIP with a floor price of ₹705.18 per share.
• Metropolis Healthcare schedules a board meeting on December 9 to consider a preferential issue of shares.
• Dynamic Services receives a mega project offer letter from the Maharashtra government.
• Aurionpro launches the Integro Smart Lender ESG platform for sustainable lending.
• KIOCL's pellet plant in Mangalore resumes operations.
• Adani Energy receives a letter of intent from REC Power Development and Consultancy.
• Vikas Lifecare announces the establishment of a new manufacturing facility under the Rajasthan Investment Scheme.
• Hyundai Motor will implement a price hike across its vehicle range starting January 1, 2025.
• NCLT approves the merger of HT Mobile Solutions with HT Media.
• NBCC secures a ₹599 crore project order.
• RDB Realty and Infrastructure approves a stock split, dividing one equity share into ten shares.
• Vishal Mega Mart IPO to open for subscription on December 11.
• Muthoot Microfin reduces lending rates by 25 basis points.
• Gallantt Ispat reimburses ₹80.45 crores.
• Zen Technologies expands its partnership with AVT Simulation.
• Eugia Pharma, a subsidiary of Aurobindo Pharma, receives US FDA approval for Pazopanib tablets.
• Jaguar Land Rover (JLR) reports an 11% year-over-year decline in UK sales, with November figures falling to 5,558 units from 6,251 units a year ago.
• Tantia Constructions secures an order worth ₹151 crore.

Date: 4th December 2024 Stock Market Highlights

In a session marked by significant volatility the stock market today concluded the day on a positive trajectory, continuing its winning streak for the fourth consecutive session, with the Nifty hovering around the 24,450 level, primarily driven by the performance of real estate and financial sector equities.

• Sensex was up by 110.58 points or 0.14%, closing at 80,956.33
• Nifty concluded the day at 24,467.45, increasing by 10.3 points or 0.04%.
• Bank Nifty ended the day with a surge of 571.15 points or 1.08% at 53,266.90

Top Gainers of Nifty 50

Top Losers of Nifty 50

52 Week High Stocks

Roundup of Stock Market Today

Sector Update

• Auto and FMCG sectors declined by 0.7% each.
• IT and Media sectors rose by 0.5% each.
• Realty and PSU Bank sectors gained over 2% each.
• The BSE Midcap index gained nearly 1%, while the Smallcap index rose 0.6%.

Market Update

• Wipro partners with Netskope to offer cybersecurity optimisation advisory services.
• KDL board approves a bonus issue of 2 shares for every 1 share held.
• ONGC acquires an additional 1.12% stake in ONGC Petro for Rs 4,906.2 crore.
• Kaynes Tech arm acquires a 54% stake in an Austria-based information provider.
• RVNL receives LoA for a project worth Rs 186.76 crore from East Central Railway.
• KKR is in final talks to acquire a controlling stake in HCG.
• SEBI halts the listing of Trafiksol, orders a refund to investors, and cancellation of issued shares.
• Smallcap World Fund Inc sells a 2.2% stake in Medi Assist Healthcare Services.
• The Centre approves five defence proposals worth nearly Rs 22,000 crore.
• CaratLine founders acquire a 3.49% stake in Arihant Foundations.
• LTIMindtree arm signs a definitive agreement with Voicing.AI, Inc.
• L&T Tech signs a multi-year deal worth USD 50 million with a global network provider.
• Apex Ecotech shares list at a 90% premium over the IPO price on NSE Emerge.
• HSBC's November Services PMI stands at 58.4 vs 58.5, and Composite PMI at 58.6 vs 59.1, MoM.
• Suzlon Energy expands its partnership with Jindal Renewables for an additional 302.4 MW wind project.
• The Special Intelligence and Investigation Branch searches for EPACK Durable's manufacturing facility.
• Ericsson secures a multi-year 4G & 5G extension deal from Bharti Airtel.
• Ambuja Cement evaluates a deal to acquire Star Cement for North East expansion.
• DGCA authorizes Nitiraj Engineers as a Drone Remote Pilot Training Organization.
• Cyient DLM signs an MoU with Arcedo Systems for a 500 kWp solar power plant at its Mysore facility.
• SECI withdraws the debarment notice against Reliance Power.
• Alembic Pharma receives USFDA tentative approval for Olopatadine Hydrochloride Ophthalmic Solution.
• Nazara and Lysto sign an LOI to launch "The Growth Protocol."
• Thyrocare Technologies has increased its investment in Thyrocare Laboratories (Tanzania).
• Max Healthcare Institute issues a corporate guarantee of Rs 1,000 crore to Axis Bank.
• Tembo Global wins a Rs 43.89 crore domestic water irrigation project order.
• Zaggle Prepaid Ocean Services enters into an agreement with AGP City Gas.
• Royal Enfield commences operations at a new assembly plant in Thailand.
• Policybazaar parent PB Fintech forays into healthcare services.
• Panache Digilife signs a manufacturing and supply agreement for CCTV and NVR devices.
• Hero MotoCorp introduces three variants of the V2 Series electric scooters.
• Vodafone Plc plans to sell a 3% stake in Indus Tower.
• IGL will consider bonus shares on December 10.

Date: 3rd December 2024 Stock Market Highlights

Bulls continue to strengthen their control over Dalal Street as the stock market today extended their upward movement for the third consecutive trading day on December 3, with the Nifty surpassing the 24,450 mark, driven by purchasing activities across various sectors except for FMCG.

• Sensex was up by 597.67 points or 0.74%, closing at 80,845.75
• Nifty concluded the day at 24,457.15, increasing by 181.1 points or 0.75%.
• Bank Nifty ended the day with a surge of 586.75 points or 1.13% at 52,695.75

Top Gainers of Nifty 50

Top Losers of Nifty 50

52 Week High Stocks

Roundup of Stock Market Today

Sector Update

• Except for FMCG, all sectoral indices closed in the green.
• Media and PSU Bank indices gained over 2% each.
• The BSE Midcap and Smallcap indices rose by 1% each.

Market Update

• HCL Tech has completed the acquisition of Communication Technology Group assets from Hewlett Packard Enterprise.
• Godrej Properties closes QIP with an issue price of Rs 2,595 per share.
• KPI Green secures a Rs 1,311 crore order from Coal India.
• Solar Industries bags an export order worth Rs 2,039 crore for defence product supply.
• Nazara Technologies acquires a 60% stake in Funky Monkeys Play Centre for Rs 43.7 crore, marking its entry into physical entertainment.
• Protean eGov Technologies wins a Rs 161 crore order from CERSAI.
• Godavari Biorefineries secures an exclusive license agreement with Catalyxx Inc.
• Lemon Tree Hotels signs a new property in Kufri.
• Zydus Wellness acquires the remaining 1.86% equity in Naturell.
• Siemens' unsecured creditors approve the Scheme of Arrangement with Siemens Energy India.
• Tata Power commissions a 431 MW DC solar project in Neemuch, Madhya Pradesh.
• Gland Pharma receives USFDA approval for Latanoprost Ophthalmic Solution.
• Pricol's subsidiary acquired the injection moulding business of Sundaram Auto Components.
• TCS signs a deal with the Bank of Bhutan to modernize its digital core.
• Apollo Micro Systems is the lowest bidder for Bharat Electronics' Rs 21.42 crore order.
• MOIL reports manganese ore production of 1.63 lakh tonnes in November.
• Chambal Fertilisers partners with TERI for research.
• Bangladesh VAT Tribunal dismisses KEC International's appeal against VAT demand.
• BPCL and Coal India to set up a coal-to-synthetic natural gas project.
• Vakrangee partners with the Central Bank of India to offer banking services across India.
• Advait Infratech's arm qualifies to bid for standalone battery energy storage systems.
• TVS Motor's subsidiary board approves the sale of its injection-moulded plastic component solutions division.
• Indoco Remedies collaborates with Clarity Pharma, UK, to launch 20 products over 18 months.
• NBCC secures an order worth Rs 213 crore in New Delhi.
• USFDA issued Form 483 with six observations to Granules India's Gagillapur facility.
• Hindustan Unilever pays 20% of the total outstanding tax demand.
• Swiggy reports a consolidated Q2 loss of Rs 625.5 crore, improving from Rs 657 crore YoY.
• Suraksha Diagnostic IPO subscribed 1.27 times on the final day of the bidding.

Date: 2nd December 2024 Stock Market Highlights

The stock market today closed higher for the second day in a row, reaching a one-month peak on December 2, with the Nifty surpassing 24,300 during the trading day, driven by buying activities in various sectors, particularly real estate, media, and metals.

• Sensex was up by 445.29 points or 0.56%, closing at 80,248.08
• Nifty concluded the day at 24,276.05, increasing by 144.95 points or 0.60%.
• Bank Nifty ended the day with a surge of 53.4 points or 0.10 % at 52,109

Top Gainers of Nifty 50

Top Losers of Nifty 50

Roundup of Stock Market Today

Sector Update

• All sectoral indices ended in the green, with realty, pharma, metal, IT, auto, and media rising by 1-3%.
• The BSE Midcap index rose by 1%.
• The BSE Smallcap index gained 1%.

Market Update

• Cochin Shipyard bags Rs 1,000 crore order from the Defence Ministry
• KEC International secures new orders worth Rs 1,040 crore in T&D business in international markets
• Greaves Cotton board approves IPO of Greaves Electric Mobility via fresh issue and OFS
• Biocon: US FDA approves Biocon Biologics' YESINTEK for treating Crohn’s Disease, Ulcerative Colitis, Plaque Psoriasis, and Psoriatic Arthritis
• Eicher Motors’ Royal Enfield sales increased by 2% YoY to 82,257 units
• India’s GDP falls to a seven-quarter low of 5.4% in Q2
• Kavveri Telecom Products wins order for penta-band high-gain antenna
• Hyundai Motor India’s total sales decreased by 6.9% YoY to 61,252 units
• Tata Motors’ total sales rose by 0.8% YoY to 74,753 units
• Ambuja Cements partners with Finland-based company to move closer to Net Zero
• Escorts Kubota’s total sales decline by 9.4% YoY to 8,974 units
• India’s November GST collection rises 8.5% YoY to Rs 1.82 lakh crore
• NSE revises expiry day for index derivatives contracts, effective from January 1
• Info Edge files FIR in connection with 4B Networks
• VST Tillers Tractors' total sales increased to 2,251 units YoY
• Sterling and Wilson Renewable Energy bags order worth Rs 504 crore
• AXISCADES Tech restructures its subsidiaries
• Steel Strips Wheels achieved net turnover of Rs 371.52 crore in November 2024
• Veranda Learning to consider fundraising via equity issuance on December 11
• Aster DM Healthcare announces merger with Blackstone-backed CARE Hospitals
• TVS Motor to acquire additional stake in DriveX Mobility
• DLF subsidiary to sell Kolkata Tech Park 1 to RDB Primarc Techno Park
• SpiceJet secures rights to operate Haj flights from four Indian cities in 2025
• Tembo Global Industries bags order from Domestic Organisation
• RBL Bank and Bajaj Finance mutually decided to stop issuing new co-branded credit cards
• HCLTech partners with Google Cloud for AI-driven response solutions to global enterprises
• Lemon Tree Hotels signs two license agreements for properties in Mussoorie and Varanasi
• Sterling Tools partners with China-based Meishuo Electric for power transmission solutions in India
• Datamatics achieves UK Government-backed cyber essentials certifications
• GP Petroleums enters into a supply agreement with HPCL
• Government scraps windfall tax on ATF, crude products, petrol, and diesel exports
• ONGC Videsh completes acquisition of 0.615% interest in Offshore Azeri Chirag Gunashli
• Oriental Green Power board approves expansion of solar capacity to 25 MW AC from 19.8 MW AC
• Paradeep Phosphates schedules planned shutdown of ammonia and urea plants in Goa
• HG Infra declares qualified bidder for 100 MW battery energy storage systems project in Gujarat
• KPI Green Energy gets LoA to set up 300 MWac solar PV plant in Gujarat from Coal India
• Gateway Distripark launches container train service to Kandla
• Phoenix Mills sells Janus Logistics to Macrotech for Rs 48 crore
• Waaree Energies bags order to supply modules up to 364 MWp & 160 MWp
• RVNL emerges as the lowest bidder for Rs 643 crore project from PSPCL
• Suraksha Diagnostic IPO subscribed 0.25 times on the second day of the bidding.

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