Page 29 - Stock Market Trading
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
 "LTIMindtree commences trading with its new name; stock down 1%")
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.
 "Skipper locked at 20% upper limit on heavy volumes; zooms 53% in two weeks")
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")
Mehul Kothari recommends to buy Astral, Voltas
The technical analyst from Anand Rathi recommends to keep a stop on Astral at Rs 1,860 and Voltas at Rs 815.
F&O Strategy: Here's why Nandish Shah recommends Bull spread on M&M Finance
The derivative analyst from HDFC Securities recommends to Buy M&M Finance 220 Call and simultaneously Sell 230 Call of the 29-December expiry.
 "F&O Strategy: Here's why Nandish Shah recommends Bull spread on M&M Finance")
Benchmarks extend record breaking run; Nifty tops 18,800; IT, metals shine
CLOSING BELL: Global cues triggered by Powell's positive remarks boosted sentiment. The Sensex scaled a new high at 63,583, while the Nifty 50 came within striking distance of 18,900 on Thursday.
 "Benchmarks extend record breaking run; Nifty tops 18,800; IT, metals shine")
TCS, Tata Coffee: 5 Tata Group stocks that you can bet on for a good return
With in the Tata Group space, except for Indian Hotels, others like TCS, Tata Motors, Trent and Tata Coffee seem poised for a buoyant rally in the near term.
 "TCS, Tata Coffee: 5 Tata Group stocks that you can bet on for a good return")
Our goal will be to go public within the next three years: Mohit Batra
MarketsMojo is the first platform to cover all publicly traded companies, portfolio advisories, model portfolios, and equity market data.
 "Our goal will be to go public within the next three years: Mohit Batra")
Hotel shares in demand; TajGVK, Lemon Tree, Oriental Hotel rally up to 9%
Occupancy rate is expected to improve further from the pre-pandemic levels, on the back of strong demand drivers including resumption in foreign inbound travel, says analyst at Motilal Oswal.
 "Hotel shares in demand; TajGVK, Lemon Tree, Oriental Hotel rally up to 9%")
Thailand to tax stock trading, 0.05% levy for starters in 2023
A levy of 0.05% will be imposed on stock trading next year, before it's raised to 0.1%, according to a finance ministry statement
 "Thailand to tax stock trading, 0.05% levy for starters in 2023")