Page 21 - Market Trends

Hariom Pipe hits all-time high as production kicks off for melting furnace

Shares of Hariom Pipe Industries (HPIL) rallied 12 per cent to hit an all-time high of Rs 313 amid heavy volumes after the company completed the set up of 15 ton electric melting furnace

Bikaji Foods m-cap crosses Rs 10,000 crore; stock 36% above issue price

At 10:33 am; the stock traded 6.8 per cent higher at Rs 405.35, with a market capitalisation of Rs 10,114 crore, the BSE data shows

PNB surges 8% to hit 21-month high on govt's nod to divest stake in UTI AMC

PNB received the government's approval to divest its entire stake in UTI Asset Management Company (AMC) as part of its non-core asset sale plan and shore up its capital base.

Mehul Kothari recommends to buy Bajaj Finance, Redington; Check Why

The technical analyst from Anand Rathi has reiterated the Buy call on Redington (India) with a higher price target of Rs 210; Also, expects Bajaj Finance to rally to Rs 7,060.

F&O Strategy: Nandish Shah recommends Bull Spread on Larsen & Toubro

The derivative analyst from HDFC Securities recommends to Buy L&T 2100 Call and simultaneously Sell 2160 Call of the 29-December expiry.

F&O expiry: Sensex ends at record closing peak, up 762pts; Nifty near 18500

CLOSING BELL: A surprise dovish tone by the US Federal Reserve, where it said that the central bank is looking to slow the pace of rate hike, cheered market bulls

Indoco Remedies hits 8-month high on hopes of margin boost; stock surges 7%

In the past one week, it rallied 17 per cent, as against 0.35 per cent rise in the S&P BSE Sensex

Stock of this aerospace & defence company has zoomed 210% in 9 months

Shares of Rossell India rallied 16 per cent to hit an all-time high of Rs 371.80 on the BSE amid heavy volumes

Fino Payments zooms 36% in 2 days as Capri Global buys 1.3 mn shares

On Wednesday November 23, Capri Global Holdings Private Limited bought 1.32 million shares representing 1.59 per cent of total equity of Fino Payments Bank via open market deals.

Keystone Realtors makes quiet debut, but analysts see long-term value

The stock listed at Rs 555, a 3 per cent premium to its issue price of Rs 541 per share on the NSE and BSE.

Stock of this beaten down fintech company zoomed 20% today on heavy volumes

Shares of Fino Payments Bank were locked in 20 per cent upper circuit at Rs 230.70 in Wednesday's intra-day trade

Is the bottom near for Nykaa shares? Here's what charts say

Shares of Nykaa have managed to hold ground above its all-time low despite multiple bouts of selling pressure from pre-IPO investors, thus raising hope for the bulls at the counter

HUDCO hits 52-week high on stable outlook; stock up 40% so far in November

Moody's Investor Service expects the HUDCO's liquidity and funding to remain stable over the next 12-18 months because of its status as a government-owned company

Fertilizer shares in focus: RCF, GNFC, GSFC, NFL, Chambal surge up to 12%

Shares of RCF, NFL, GSFC, GNFC, Chambal Fertilisers, and Zuari Agro Chemicals were up between 5 per cent and 12 per cent

Nykaa dips 3% a day after CFO Arvind Agarwal quits; stock nears record low

On Tuesday, private equity firm Lighthouse India sold 18.44 million equity shares worth of Rs 336 crore of FSN E-Commerce Ventures through a block deal.

Nifty may resume up trend; BUY MAS Finance, GMM Pfaudler, says Vinay Rajani

The technical & derivative analyst from HDFC Securities expects Nifty to find support around 18,100 for now.

Paytm hits new all-time low, stock tanks 26% in two weeks

Shares of Paytm hit a new low at Rs 483.30 on the BSE in Tuesday's intra-day trade, thus were now trading 77 per cent below the company's IPO price of Rs 2,150 per share.

JK Paper jumps 4% on acquiring majority stake in Horizon Packs and SPPL

The shift in consumer preferences are driving demand for superior quality, eco-friendly packaging, JK Paper said.

Kaynes Technology makes stellar debut, lists at 33% premium to issue price

The stock listed at Rs 778 on the NSE, a premium of 33 per cent over its issue price of Rs 587 per share.

Here's why Mehul Kothari recommends to Buy Page Industries, Sell TCS

According to the technical analyst from Anand Rathi, TCS can decline to Rs 3,160; whereas Page Industries can witness a sharp rally to Rs 48,500 level.