Page 23 - Market Trends

Medanta-owner Global Health trades firm after debuting at 19% premium

Global Health, which operates hospitals under Medanta brand, witnessed heavy volume of around 26 million shares combined on the NSE and BSE in early deals.

Sugar stocks in focus; Balrampur Chini gains 3% as share buyback commences

The board of directors of Balrampur Chini on November 9 had approved Rs 145.44 crore share buyback at Rs 360 per share through the open market route.

F&O Strategy: Nandish Shah recommends Bull Call Spread on Glenmark Pharma

The derivative analyst from HDFC Securities also recommends buying United Spirits November futures for a price target of Rs 940.

Stocks to Watch: Bikaji Foods, Medanta, Paytm, NDTV, HDFC, SBI, Tata Motors

Stocks to Watch Today: Bikai Foods, Global Health (Medanta) set for market debut today. Meanwhile, in the F&O segment, BHEL, Delta Corp, GNFC, PNB and Sun TV were in F&O ban period on Wednesday.

NDTV can hit Rs 450-level; Sun TV, DB Corp on slippery ground, charts show

NDTV hits 5 per cent upper circuit as Adani Group gets SEBI nod to buy additional 26 per cent stake; the media stock can rally to Rs 450, chart suggests.

Fusion MicroFinance debuts on a weak note; sheds 9% against issue price

The stock tumbled over 9 per cent to Rs 334.40 as against the issue price of Rs 368 per share on the BSE and the NSE in morning trade on Tuesday.

Rail Vikas Nigam zooms 62% in 16 trading sessions on strong order inflows

In the past three months, the stock price of RVNL has zoomed 90 per cent, as compared to a 3 per cent gain on the Sensex.

Stocks to Watch: Fusion MicroFinance, Srei, IRCTC, Apollo Tyres, LTI, Paytm

Stocks to Watch Today: Fusion MicroFinance set for its market debut today. Meanwhile, in the F&O segment, BHEL, GNFC, PNB and Sun TV Network are ban period on Tuesday.

IndusInd, Ashok Leyland: Will Hinduja brothers' truce propel group stocks?

If IndusInd Bank breaks support at Rs 1,110, the stock can dip to Rs 1,000-mark; Whereas, Ashok Leyland needs to clear its near hurdle at Rs 160 for fresh strength to emerge.

Stock of this auto ancillary company has doubled in just 5 months

Shares of Fiem Industries hit a new high at Rs 2,024.95, and have rallied 22% in the past two days after the company reported 54% YoY jump in its consolidated net profit.

Zomato soars 13% on heavy volume as net loss narrows to Rs 251 cr in Q2

The company's revenue, too, increased 62.2 per cent year-on-year (YoY) to Rs 1,661 crore in Q2FY23 as against Rs 1,024 crore in Q2FY22

Sensex leaps 1,181 pts, Nifty holds 18350 amid global rally; HDFC duo up 6%

CLOSING BELL: Barring minor downtick in the Nifty Auto, FMCG, and PSU Bank indices, all other sectoral indices advanced on the bourses. The Nifty IT index led from the front with around 4% surge

DCX Systems makes strong debut, stock lists at 39% premium over issue price

DCX listed at Rs 287, a 39 per cent premium over its issue price of Rs 207 per share on the National Stock Exchange (NSE) on Friday.

F&O Strategy: Nandish Shah recommends Bull Spread on Hero MotoCorp

The derivative analyst from HDFC Securities recommends buying Hero MotoCorp 2750 Call and simultaneously selling 2800 Call of the November series.

Mehul Kothari recommends to buy Jubilant Ingrevia, Whirlpool; Check Why

According to the technical analyst from Anand Rathi, Jubilant Ingrevia can rally to Rs 570, while Whirlpool of India can target Rs 1,600 on the upside.

Stocks to watch: M&M, Eicher Motors, Zomato, Adani Green, Alkem Labs, JSPL

Stocks to watch today: LIC, M&M, Adani Power, Hindalco Industries will report the July-September (Q2FY23) quarter results on Friday, November 11

Sensex dips 420 pts on weak global cues; Aurobindo Pharma down 12%, TaMo 5%

CLOSING BELL: Hero MotoCorp, HDFC Bank, Kotak Bank, ONGC, Bharti Airtel, and Dr Reddy's Labs, meanwhile, eked out gains up to 2.6 per cent

Neuland Labs hits 20% upper circuit after solid Q2; stock at 10-month high

The company reported a record EBITDA margin of 23.6 per cent, led by shift in business mix towards higher margin products as well as various cost optimization initiatives.

Stock of this hospital company has zoomed 115% from its May 2022 low

Shares of Rainbow Children's Medicare hit a new high of Rs 884 on Thursday; rallied 25 per cent in five days after the company delivered robust operational and financial performance for Q2FY23.

Aurobindo Pharma slumps 6% amid reports of Sarath Reddy's arrest by ED

According to reports, ED has arrested Sarath Reddy, director of Aurobindo Pharma, under the money laundering act in the now scrapped Delhi Excise policy case.