Page 7 - Stock Market Trading

L&T extends gains, up 3% in three days on securing orders worth Rs 9,500 cr

The hydrocarbon business of L&T on Tuesday has secured major (ranging from Rs 5,000 crore to Rs 7,000 crore) contracts for multiple offshore packages from a prestigious overseas client.

Nifty Midcap 50 in 'Sell on Rise' mode, says Ravi Nathani

The short-term bias for Nifty Midcap 50 index is likely to remain negative as long as the index remains below 8,786.

Now, a B2B platform trading in unlisted shares, ESOPs, AIF units for PE/VCs

System aims to bring all stakeholders under one roof to create a large pool of investors and deal makers; Intermediaries can do such deals faster and cheaper, using various tools almost free of cost

VST Tillers zooms 18% on achieving 5L production milestone at Malur unit

Currently, overall power tiller industry in India is around 60,000 units and it is expected to grow to 100,000 units by the year 2025, VST Tillers said.

Sula Vineyards jumps 9% as CLSA initiates coverage with 'Buy' rating

Sula is well placed to leverage the global consumer shift towards the low-alcohol beverage segment - beer and wine, the report stated.

Hindustan Zinc surges 5% on announcing liberal interim dividend

Hindustan Zinc has fixed March 29, 2023 as the record date for the purpose of payment of fourth interim dividend worth Rs 26 per share.

Nifty showing signs of a trend reversal, says Vinay Rajani

Among individual stocks, the technical & derivative analyst from HDFC Securities recommends a Buy on Coromandel International and Zensar Tech.

Sensex leaps 446 pts, Nifty tops 17,100 as RIL, Bajaj Fin gain 3%; IT slips

CLOSING BELL: The market breadth was firmly in the favour of buyers as the broader markets, too, rose in tandem with the benchmark indices

Hariom Pipe hits new high, up 4% on shareholders nod for preferential issue

In past three months, the stock has zoomed nearly 50 per cent, as compared to 5 per cent decline in the S&P BSE Sensex.

UTI AMC surges 8% after PPFAS MF buys 1.1 million shares via block deal

PPFAS Mutual Fund purchased 1.12 million equity shares representing 0.88 per cent stake in UTI AMC for Rs 71.40 crore.

Will the markets regain lost glory in March despite volatility?

Despite high volatility in the months of March the Nifty has ended higher in five of the last seven occasions.

Sensex crashes over 900pts intra-day: 5 factors behind Monday's market rout

Analysts attribute fallout in domestic equities due to investors' fear of a domino effect after the collapse of big financial institutions in the US, and Europe

3 Adani group stocks out of ASM, Should you be bullish?

Adani Enterprise, Adani Power and Adani Wilmar may rise up 35 per cent upon conquering key hurdles

Sunflag Iron up 15% in two days on acquiring 11.89% stake in Lloyds Metals

LMEL on March 16, converted and allotted the 0% 60 million OFCD's in to 60 million equity shares, representing 11.89% in the total voting equity share capital of LMEL to Sunflag Iron.

Cochin Shipyard gains 7% in weak market on winning Rs 550 cr overseas order

The company has received an order of Rs 550 crore from Norway-based global logistics solution provider Samskip Group.

Charts suggest a pullback is likely for Nifty in near-term: Ravi Nathani

According to the technical analyst, the Nifty index exhibits an imminent pullback in the near-term post an oversold disposition

Nifty Realty index gains 3%; DLF, Prestige Estates, Lodha surge up to 5%

In past 2 days, DLF surged 9 per cent after the company said it has sold 1,137 luxury apartments, priced Rs 7 crore and above, in its housing project in Gurugram for over Rs 8,000 crore within 3 days.

Sterling Tools hits 5-year high, surges 10% on strong business outlook

EV penetration in 2W and 3W is expected to increase at a fast rate over the next few years which augurs well for the company's growth.

TCS down 1%, hits 4-month low day after CEO & MD Rajesh Gopinathan resigns

The board has nominated K Krithivasan as CEO designate with effect from March 16, 2023.

Wipro hits 52-week low amid revenue growth worries; down 38% in one year

The growth could be a challenge in Q1FY24, too, not just because of the cautious customer behavior but also due to the added issue of productivity concessions kicking in, says Nirmal Bang in a note.