Page 17 - Stock Market Trading

Sensex ends 303 pts higher fueled by Infosys, ICICI Bank; Nifty near 17950

CLOSING BELL: Within sectors, barring consumer durables, PSB and Metal indices on the Nifty logged in most gains, up over 1 per cent each, followed by IT and financial pockets

HDFC Bank, ICICI Bank: Will Q3 results ease volatility in banking stocks?

HDFC Bank's stock to turn bearish only beneath the support of Rs 1,500

Rail Vikas gains 13% in 3 days on securing orders worth of Rs 1,173 crore

On Wednesday, January 11, RVNL announced that the company bagged a Chennai Metro Rail project worth of Rs 1,134 crore and the project has to be completed in 1,065 days.

HCL Tech down 3% as investors turn cautious on lowered revenue guidance

Despite strong performance in Q3, management lowered guidance in services and total revenue growth indicating weak Q4FY23.

L&T Technology Services dips 5% on plans to buy SWC biz from parent L&T

LTTS said that it has agreed to acquire the Smart World & Communications business (SWC) of its parent company Larsen & Toubro (L&T) by way of slump sale for Rs 800 crore.

F&O Call: Nandish Shah recommends Bull Spread strategy on UltraTech Cement

The derivative analyst from HDFC Securities suggests to BUY 7,200 Call for January 25 expiry of UltraTech Cement, and simultaneously SELL 7,400 Call of the same series.

Nifty consolidating in the range of 17,775 - 18,265, says Ravi Nathani

According to the technical analyst, a big move on the Nifty is likely once the trading range is dismissed.

Stocks to Watch: Infosys, HCL Tech, Wipro, Shriram Finance, M&M, Just Dial

Stocks to Watch: IT shares are likely to be in focus after Infosys and HCL Technologies reported stronger than expected Q3 results; and Wipro scheduled to report earnings on Friday.

Sensex ends 147pts lower at 59,958; Nifty50 below 17,900; RIL declines 2%

CLOSING BELL: Broader markets, too, were subdued in trade as Nifty SmallCap 100 and Nifty MidCap 100 indices slipped up to 0.2 per cent

Kamdhenu Ventures to list on stock exchanges this month: Group CMD

Kamdhenu Ventures, the paints business of Kamdhenu Group, will be listed on the stock exchanges BSE and NSE later this month. The paints division was separated from the steel business of the group last year for better management focus and operational flexibility, its CMD Satish Agarwal said, citing reasons for the demerger. There are plans to raise Rs 200 crore through multiple routes and expand the paints business post listing, the CMD said. The group also aims to garner a revenue of Rs 1,000 crore from the paints segment over the next five years, he said. "Kamdhenu Ventures has also issued 2,69,35,500 shares of Rs 5 each in the ratio of 1:1 towards the consideration for demerger to the shareholders of Kamdhenu Ltd having shares on 7th September 2022 being the record date," Group CFO Harish Agarwal said. The new venture had received the in-principle approval for listing from the BSE and NSE in November 2022, the CFO said. Kamdhenu has its paint manufacturing plant at Chopanki in

Stock of this SME plastic products maker has zoomed 100% in 15 trading days

In past two days, the stock price of Captain Pipes has rallied 20% after the company said its board will meet on January 27 to consider stock split and bonus issue proposal.

Tech view: Check key levels on Sensex, Nifty as trend remains indecisive

The overall sentiment towards the market has remained indecisive and ambiguous, with market participants waiting for a clear direction

Sah Polymers debuts on strong note; lists at 31% premium to issue price

Post listing, the stock hit a high of Rs 89.25, up 37 per cent when compared with its issue price of Rs 65 per share.

CARE Ratings surges 7%, hits 52-week high in subdued market

In past one month, the stock has outperformed the market by surging 20 per cent, as compared to 3 per cent decline in the Sensex.

Mehul Kothari is bullish on Hind Petroleum, SAIL; check why

According to the technical analyst from Anand Rathi, Hind Petro can surge to Rs 278; while SAIL can advance to Rs 97.

Here's why Ravi Nathani is optimistic on the financial sector

According to the technical analyst, the Nifty Private Bank, PSU Bank and Financial Services indices may extend the pullback in the near term.

Stocks to Watch: Infy, HCL Tech, Sah Polymers, Concor, IIFL Wealth, RailTel

Stocks to Watch: Infosys and HCL Technologies to announce Q3 results; Sah Polymers to debut on Thursday.

Securitisation volumes likely to jump to Rs 1.70 trn in FY23: Icra

Securitisation volumes for FY23 can reach Rs 1,70 lakh crore, as against Rs 1,26,500 crore in FY22, a domestic rating agency estimated on Wednesday

Societe Generale acquires ICICI Bank's shares worth Rs 173 crore

Financial services company Societe Generale on Wednesday bought ICICI Bank's shares worth over Rs 173 crore through an open market transaction

Sebi imposes securities market ban on 8 entities for misusing client funds

Sebi has barred 8 entities from the securities markets for up to seven years and imposed penalties totalling Rs 11.5 crore on them in a case related to misuse and diversion of clients' funds