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Sebi pointed out that almost all sale and purchase transactions of Mishtann Foods Ltd (MFL) since FY20 were prima facie found to be fictitious
On Monday, shares of Avalon Technologies enjoyed Rs 30 premium in the grey market, which translated to a likely listing price of Rs 465 apiece on the upper price band
CLOSING BELL: Bajaj Finance, Asian Paints, IndusInd Bank, ICICI Bank, Nestle India, HUL, Reliance Industries, HDFC Bank, Axis Bank, and SBI were the top laggards on the Sensex index
CLOSING BELL: Shaktikanta Das said the move was only "a pause and not a pivot"
Khanna was the MD & CEO of Orient Electric, a leader in consumer appliances, with revenues of over Rs 2,500 crore
According to the technical analyst, the Nifty Auto Index is expected to remain range-bound in the near term, with a potential breakout in either direction likely to trigger a directional bias
Hyundai Motor India on Wednesday said it will introduce an all-new sports utility vehicle in the country. The company currently sells models like Venue, Creta, Alcazar and Tucson in the sports utility segment in the domestic market. "Hyundai has been one of the forerunners to induce new mobility experiences and we are all set to once again excite customers with an all-new SUV that is coming soon to take you places," Hyundai Motor India COO Tarun Garg said in a statement. The company, however, did not share any details about the engine, or size of the vehicle. Built to bring out the explorer, this all-new SUV will evoke unfiltered experiences with advanced technology, superior safety and strong performance, the automaker said without divulging details. The sports utility vehicle segment has emerged as the fastest growing segment in the domestic passenger vehicle segment.
CLOSING BELL: Buying momentum in IT, HUL, and ITC shares also lent support
Extending gains to the third day, the broader NSE Nifty advanced 38.30 points or 0.22 per cent to close at 17,398.05 points
CLOSING BELL: Gas stocks, including Mahanagar Gas and Indraprastha Gas, dropped up to 6 per cent after the government kept domestic gas prices unchanged
The average trading volumes on the counter jumped three-fold as around 32.98 million shares changed hands on the NSE and BSE
The government kept domestic gas prices unchanged at $8.6/mmBtu on a provisional basis from April 2023 to September 2023
The technical analyst recommends to employ 'buy-on-dips' trading strategy for Nifty, given positive outlook for the index in the short term
Sustained rate hikes by global central banks, Russia-Ukraine war, stubborn inflation and developed world banking crisis kept a leash on stock price performance
Analysts, however, remain cautious over sustenance of this recent rebound as markets will face a slew of data driven activity in the coming days
CLOSING BELL: Nestle India, Infosys and ICICI Bank were the other major gainers among the Sensex 30 on Friday, up over 3 per cent each.
The technical analyst recommends traders to employ a "sell on the rise" strategy when trading Nifty Commodities, given that its short-term pattern appears to be trading within a range of 5,600-5,400
Stocks to watch today: From Reliance Industries to Hero MotoCorp, here are stocks to watch in Friday's trading session
If the Nifty finishes in the red for the month, this will be the first time in over two decades that the index has fallen for four straight months
CLOSING BELL: Adani Enterprises, Adani Ports, JSW Steel, Eicher Motors, HCL Tech, Bajaj Auto, Ultratech Cement, Tata Motors, and Hero MotorCorp were the large-cap winners