Page 8 - Stock Market Trading

Vardhman Special Steel soars 9% on starting production for Toyoto Group Co

The company said sales of these products for FY2023- 24 will be 10,000 MT approx and further increase with receipt of more approvals in next 2-3 years.

HAL, L&T gain up to 3% as government inks contracts worth Rs 9,900 crore

Hindustan Aeronautics received an order for 70 HTT-40 trainer aircraft worth over Rs 6,800 crore, while L&T bagged a contract worth Rs 3,100 crore for supply of three cadet training ships.

Adani shares gain up to 5% after Group repays Rs 7,374 cr share-backed loan

So far in the last two months, the Adani Group now have prepaid share-backed financing up to $2,016 mn as part of the promoters' commitment to cut overall leverage.

Stock market holiday: Share market to remain closed due to Holi today

Stock market holiday news: While most people are celebrating Holi on Wednesday, March 8, BSE and NSE have declared a stock market holiday on March 7

MF inflow in equities crosses Rs 1.5-trn for second straight fiscal

Thus far in FY23, MFs have pumped in a net Rs 1.53 trillion in equities till March 1, 2023, Securities and Exchange Board of India (Sebi) data show, as compared to Rs 1.72 trillion in FY22

Stock of this company hits over 3-decade high; zooms 55% in one month

Finolex Cables has rallied 10 per cent to Rs 847.60, and trades at its highest level since March 1992.

ONGC, Oil India gain 3%; hit over 8-month highs

In past one month, Oil India has rallied 23%, while, ONGC surged 11%, as compared to 0.33 per cent decline in the S&P BSE Sensex.

Market rebound: Short-covering, or is the worst behind us now?

The weekly F&O data also highlights significant build-up in open interest at the 17,700 Put, suggesting likely support at this level.

5 Nifty 500 stocks to accumulate if market breadth continues to improve

Shares of Power Grid Corporation of India, GAIL (India) , Linde India, Symphony and Tech Mahindra may rise up to 14%, as per their respective technical charts

Traders can adopt buy on dips strategy on Nifty, Bank Nifty: Ravi Nathani

The technical analyst expects an upside target of 17,800 - 17,900 on the Nifty, with stop loss of 17,400.

Imagicaaworld zooms 27% in two days on launching Aquamagicaa in Surat

The company said business continues to show an excellent rebound after two years of adverse COVID-19 impact as well as overall improvement in the health of operations.

Bulls drive Sensex over 1,000 points higher: Here are top 3 reasons why

The spike comes after the US Federal Reserve Atlanta President Raphael Bostic vouched for a measured rate hike approach, which strengthened global sentiments

WPIL soars 10% on securing Rs 1,225 cr order from Madhya Pradesh Jal Nigam

Meanwhile, in the past one month, the stock of the industrial products company has zoomed 83 per cent after it reported robust December quarter (Q3FY23) results.

Escorts, Bajaj-Auto: Trading strategies for auto stocks post Feb sales nos

Auto index trades with a sluggish bias, may lose grip if falls below its 200-DMA

Techno Electric surges 9% on healthy growth outlook

The management expects growth momentum of business as well as execution to continue for the coming three years.

Adani Group shares rally up to 10% as GQG Partners buy Rs 15,446 cr stake

The promoters plan to use the proceeds to retire debt and for other purposes.

Alembic Pharma slips 5%; board approves Rs 1,150 cr as impairment charges

This one time impairment impact notwithstanding, we believe this move bodes well for future return ratios and profitability. We expect more impairments in due course, ICICI Securities said in a note.

F&O Strategy: Nandish Shah recommends Bull Spread on PowerGrid Corp

The derivative analyst from HDFC Securities recommends to Buy PowerGrid 222.50 Call and simultaneously Sell 230 Call for the March expiry.

Stock manipulation via YouTube: Sebi bars Arshad Warsi, wife & 31 entities

Are among 31 banned for stock manipulation via YouTube

Rail Vikas up 10% as JV emerges lowest bidder for 200 Vande Bharat trains

A joint venture of Russian firm Transmashholding (TMH) and RVNL emerged as the lowest bidder for the manufacture and maintenance of 200 lightweight Vande Bharat trains.