Page 25 - Stock Market Trading
Growth triggers to keep earnings trajectory robust for Timken India
New plant expected to boost company's revenues, margins
 "Growth triggers to keep earnings trajectory robust for Timken India")
Astra Microwave jumps 7%; board to consider Rs 400-cr fund-raise on Friday
In the past three months, the stock of the aerospace & defence company has underperformed the market by falling 2 per cent, as compared to a 6 per cent rise in the S&P BSE Sensex
 "Astra Microwave jumps 7%; board to consider Rs 400-cr fund-raise on Friday")
Sensex down 208 pts, Nifty below 18,650 day head of RBI decision; PSBs gain
CLOSING BELL: Among sectors, the Nifty IT index fell 1.5 per cent, while the Nifty PSU Bank index gained 1.2 per cent
 "Sensex down 208 pts, Nifty below 18,650 day head of RBI decision; PSBs gain")
Ion Exchange hits new high; gains 6% in two days on securing IOCL order
In the past one month, the stock price of Ion Exchange has zoomed 41 per cent, as compared to 2.7 per cent rise in the S&P BSE Sensex.
 "Ion Exchange hits new high; gains 6% in two days on securing IOCL order")
PSU banks trade firm in a weak market; SBI nears record high
Recently, SBI raised Rs 10,000 crore through its maiden issue of infrastructure bonds, for funding infrastructure and affordable housing segment.
 "PSU banks trade firm in a weak market; SBI nears record high")
Cash turnover up 17% in Nov: In buoyant mkt, trading volume sees recovery
The ADTV for the futures and options segment (both NSE and BSE combined) stood at Rs 147.5 trillion - a gain of 2 per cent MoM
 "Cash turnover up 17% in Nov: In buoyant mkt, trading volume sees recovery")
JK Lakshmi Cement extends rally, up 27% in 9 days; stock nears record high
With today's rally, the market price of JK Lakshmi Cement has zoomed 117 per cent from its 52-week low of Rs 368.65, touched on May 12, 2022.
 "JK Lakshmi Cement extends rally, up 27% in 9 days; stock nears record high")
LTIMindtree commences trading with its new name; stock down 1%
Shareholders of erstwhile Mindtree, delisted from November 23, 2022, have been issued shares of erstwhile LTI in the ratio of 73 shares of LTI (now called LTIMindtree) for every 100 shares of Mindtree
Mahindra Finance up 6%, hits 52-week high on healthy disbursements in Nov
The company recorded a disbursement of approximately Rs 4,500 crore in November 2022, delivering a 75 per cent YoY growth, on the backdrop of positive macro environment.
 "Mahindra Finance up 6%, hits 52-week high on healthy disbursements in Nov")
Kalyan Jewellers hits new high in a weak market; rallies 18% in 4 days
The stock hit a new high at Rs 116.35 and has surged 111% from its record low of Rs 55.20 touched on May 11, 2022.
 "Kalyan Jewellers hits new high in a weak market; rallies 18% in 4 days")
TVS Motor dips 3% after 2.6 million shares change hands on BSE
At 09:15 am, around 2.6 million or 0.55 per cent holding of the company changed hands at the counter on the BSE, the exchange data shows.
 "TVS Motor dips 3% after 2.6 million shares change hands on BSE")
Stocks to Watch: ONGC, Oil India, Hatsun Agro, Inox Green, Indus Towers
Stocks to Watch Today: SBI too may be in focus after the PSU bank successfully raised Rs 10,000 crore via its maiden infrastructure bonds.
 "Stocks to Watch: ONGC, Oil India, Hatsun Agro, Inox Green, Indus Towers")
Sensex snaps 8-day winning run, ends 415 pts lower; IT, Auto stocks weigh
CLOSING BELL: The NSE Nifty shut shop at 18,696, down 117 points. Broader indices - BSE Midcap and Smallcap bucked the trend, and were up 0.8 per cent and 0.7 per cent, respectively, on Friday.
 "Sensex snaps 8-day winning run, ends 415 pts lower; IT, Auto stocks weigh")
Bajaj Hindustan Sugar zooms 20% on payment of entire overdues
There are no overdues in our account and the account is fully regular with all the lenders as on date, the Bajaj Group company said.
 "Bajaj Hindustan Sugar zooms 20% on payment of entire overdues")
Auto shares trade weak post November sales; Eicher, M&M down up to 3%
M&HCV segment witnessed mixed performance while LCV segment witnessed near double digit de-growth leading to overall de-growth in CV space.
 "Auto shares trade weak post November sales; Eicher, M&M down up to 3%")
Will one-licence regime revive trend in insurance stocks? Chart check here
Among individual stocks, even as SBI Life trades record high the stock has been unable to enter unchartered territory. The proposed changes to the sector may help revive sentiment going forward.
 "Will one-licence regime revive trend in insurance stocks? Chart check here")
Tata Steel hits over 3-month high in a weak market; stock up 6% in 4 days
The removal of export duty is a significant relief and a long term positive for the domestic steel sector, according to analyst at ICICI Securities.
 "Tata Steel hits over 3-month high in a weak market; stock up 6% in 4 days")
PB Fintech surges 6% after 5% equity changes hands on the NSE
Around 22.84 million shares representing 5 per cent of total equity of PB Fintech worth of Rs 1,042.53 crore changed hands in pre-open deals on the NSE today, the exchange data shows.
 "PB Fintech surges 6% after 5% equity changes hands on the NSE")
Skipper locked at 20% upper limit on heavy volumes; zooms 53% in two weeks
The stock now quotes at the highest level since September 2018, and saw trades of around 2 per cent of the equity size on Friday.
ONGC, Oil India jump up to 3% on sharp cut in windfall tax
The tax on crude oil produced by firms such as state-owned ONGC was reduced to Rs 4,900 per tonne from Rs 10,200 per tonne w.e.f December 02, 2022.
 "ONGC, Oil India jump up to 3% on sharp cut in windfall tax")
