Page 58 - Market Trends

Rate sensitive shares trade mixed after RBI keeps repo rate unchanged at 4%

At 10:40 am; barring the Nifty PSU index which gained nearly a per cent, most of the other sectoral indices such as Nifty Bank, Financial Services, Auto and Realty were more or less unmoved.

Bandhan Bank rebounds 7% from day's low after huge block deals

At 09:15 am; 50.14 million equity shares representing 3.11 per cent of total equity of Bandhan Bank changed hands on the BSE, the exchange data shows.

F&O Strategy: Nandish Shah recommends a Bull spread on FSL

The derivative analyst from HDFC Securities recommends buying FSL April 140 Call and simultaneously selling 150 Call.

Here's why Mehul Kothari recommends buying HDFC Bank, Sunteck

According to the technical analyst from Anand Rathi, HDFC Bank is trading near multiple support area, hence the probability of the stock resuming its uptrend is high.

YES Bank up 11%, hits 52-week as CARE Ratings upgrade outlook to 'positive'

The ratings agency upgraded the outlook to 'positive' on account of stable growth in deposits and advances

NTPC, PowerGrid hit life-time highs; soar up to 17% in the last five days

Significant rise in electricity consumption has pepped up the investors' interest at these counters.

Zee Ent slips over 3% on Invesco block deal buzz; stock recoups soon

The counter saw trades of around 124 million shares in the first couple of minutes of trade

Sugar stocks sweeten; Dwarikesh, Dalmia Bharat, Triveni surge up to 10%

Magadh Sugar & Energy, Rana Sugar, Uttam Sugar Mills, KM Sugar, Andhra Sugar, Mawana Sugar and Shree Renuka Sugar surged 10 per cent to 15 per cent on the BSE.

Ruchi Soya tanks 19% as board okays FPO allotment; down 28% in one week

Ruchi Soya on Tuesday said that board has approved the allotment of 66.15 equity shares of face value of Rs 2 each, for an amount aggregating to Rs 4,300 crore, pursuant to the FPO issue.

Tata Power surges 21% in 4 days on heavy volume; stock hits record high

The stock hit a record high of Rs 287.90, up 5 per cent in the intra-day trades so far on the BSE

Adani Group stocks hit fresh record highs on fund raising plan

The boards of directors of Adani Enterprises, Adani Transmission and Adani Green are scheduled to meet on Friday, April 8, 2022 to consider the proposal for raising of funds.

Mangalore Chemical, Kaveri Seeds are the top trading ideas of Vinay Rajani

The technical analyst from HDFC Securities expects the Nifty to find support in the range of 17,703 to 17,791.

Stocks to Watch: Adani Group, JSW Steel, JSPL, IndiGo, SpiceJet, Textiles

Steel stocks are likely to be in limelight following reports of price hike in April.

Over half of Nifty500 stocks trade above 200-DMA; analysts see more upside

Nifty 50 is back to 18,000, still half of Nifty 500 stocks trade below 200-DMA

Adani Group shares at lifetime highs; Adani Power zooms 92% in one month

Adani Wilmar has surged 61% in the last one month; Adani Total Gas and Adani Enterprises rallied 35 per cent and 33 per cent, respectively.

Zomato falls 5% on reports of CCI probe against unfair business practices

In the past three months, Zomato has underperformed the market by falling nearly 40 per cent, as compared to a 0.4 per cent rise on the S&P BSE Sensex.

SBI Cards dips 5% as over 3% equity change hands via block deals on NSE

Around 31.9 million equity shares representing 3.37 per cent equity of SBI Cards changed hands on the NSE in the first 10 minutes of trade, NSE data shows.

Here's why Mehul Kothari recommends buying L&T Infotech, Symphony

According to the technical analyst from Anand Rathi, Symphony may give decent gains in the coming 3 to 4 weeks.

Indo Count soars 10% on completing acquisition of home textile biz of GHCL

The acquisition would potential see addition of around Rs 1,300 - 1,500 crore per annum to the topline of the Company at peak capacity.

Vedant Fashions hits record high; stock surges 25% in one month

The stock has recovered 34 per cent from its 52-week low of Rs 793 hit on February 24, 2022.