Page 8 - Markets Sensex Nifty

Financial, IT shares drag Sensex 453 pts, ends below 60K; Nifty near 17,850

Closing Bell: Nifty IT fell 2 per cent followed by 0.7-1 per cent cuts each in Bank, Financial, Metal, Realty and Pharma indices. FMCG and Consumer Durables outperformed with fractional gains

Speciality Restaurants soars 20% in 2 days; hits record high in weak market

In past six months, the stock has rallied 122 per cent, as against 12 per cent rise in the S&P BSE Sensex.

Rama Steel freezes at 10% upper limit as stock turns ex-date for 4:1 bonus

The board of directors of the company had fixed Friday, January 6, 2023, as the record date, for the purpose of ascertaining the eligibility of shareholders entitled for issuance of bonus shares.

Day after lower AUM number, Bajaj Finance shares tumble 8%

Bajaj Finance acquired 3.1 million new customers (v/s 2.6 million acquired in Q2FY23). The new customer acquisition run-rate was healthy in Q3FY23.

Sensex ends 304 pts lower at 60,353, Nifty below 18K; Bajaj Finance down 7%

CLOSING BELL: Broader markets, meanwhile, outperformed benchmark indices as Nifty MidCap 100 and Nifty SmallCap 100 indices rose up to 0.4 per cent

Stock price of this SME company has zoomed 311% against its issue price

Shares of PNGS Gargi Fashion Jewellery were locked in upper circuit for the 12th straight trading session, and have more-than-doubled in the same period.

Mahindra Finance gains 3% as RBI lifts ban on outsourcing loan recovery

On September 22, 2022, the RBI had directed company to immediately cease carrying out any recovery or repossession activity through outsourcing arrangements, till further orders.

Sensex sinks 637pts, gives up 61K, Nifty near 18K; Realty, Metals top drags

CLOSING BELL: TCS, Maruti, Divis's Labs, HDFC Life and Dr Reddy's were among the handful of stocks that held minor gains

Stock of this private defense company has zoomed 170% in 6 months

In the past three months, the stock of Apollo Micro Systems has outperformed market as shares surged 75 per cent, as against 4.8 per cent rise in the S&P BSE Sensex.

Sensex ends 126 pts higher, Nifty atop 18200; HDFC Life soars 4%, TCS 1%

CLOSING BELL: Broader markets, meanwhile, outperformed benchmark indices as Nifty MidCap 100 and Nifty SmallCap 100 indices surged up to 0.2 per cent

Zomato dips 4% as co-founder, CTO Gunjan Patidar quits company

Gunjan Patidar is the fourth co-founder to exit the company since 2018 and also the fourth top level exit in the company in past two months.

Stocks to Watch: Zomato, IRCTC, Maruti Suzuki, RIL, Birlasoft, M&M Fin, ZEE

Stocks to watch today: Maruti Suzuki India recorded a 16.5 per cent YoY decline in production volume for passenger vehicles in December 2022

Sensex gains 327 pts in first session of 2023, Nifty nears 18200; RIL up 1%

Closing Bell: Among sectors, the Nifty metal index was the top performer of the day, which jumped 2.4 per cent after global brokerage Jefferies changed its stance on the sector to 'positive'

Kalpataru Power, JMC hit 52-week highs on fixing record date for merger

Pursuant to the amalgamation scheme, JMC's shareholders (other than KPTL) will be allotted one share of KPTL against every four shares held by them in JMC.

BF Investment zooms 20% as board to consider delisting plan on January 4

The promoters expressed their intention either individually or collectively, as the case may be, acquire all equity shares that are held by public shareholders.

Solar Industries hits all-time high, rallies 6% on stable outlook

The Atmanirbhar Bharat Abhiyan of the GoI, which is aimed at curtailing import dependence and increasing the sourcing of indigenous defence products, also presents large growth opportunities.

Elin Electronics makes weak debut; lists 2% below issue price

Post listing, the market price of Elin dipped to Rs 235.25, down 5 per cent when compared with its issue price of Rs 247 per share.

Lotus Chocolate hits 5% upper limit as Reliance eyes majority stake

Reliance Consumer Products will acquire 51 per cent controlling stake in Lotus for Rs 74 crore and also make an open offer to acquire additional 26 per cent stake.

Craftsman Automation soars 9%; hits record high on acquisition of DR Axion

The company and DRAIPL both operate in the auto components space and have strengths in complementary areas. The acquisition will help both entities leverage their strengths and build better synergies.

Global slowdown, Union Budget: 5 factors that will guide markets in 2023

Analysts expect the Indian equity markets to consolidate over the next few months, as they fully digest the negatives of rich valuations, rising interest rates amid growth headwinds.