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Market Highlights, July 12: Sensex up 622pts, ends atop 80,500; Nifty holds 24,500; IT stocks dazzle

Stock Market Highlights on Friday, July 12, 2024: TCS shares soared nearly 7 per cent today after it posted better-than-expected June quarter (Q1) results. Infosys, Tech M, and HCL Tech followed suit

Market Highlights, July 12: Sensex up 622pts, ends atop 80,500; Nifty holds 24,500; IT stocks dazzle
Updated On : 12 Jul 2024 | 4:06 PM IST

Brigade Enterprises stock gains 2% after unit launches residential tower

The uptick in share price came after the company announced that its arm has launched a new residential project, Cobalt

Brigade Enterprises stock gains 2% after unit launches residential tower
Updated On : 12 Jul 2024 | 12:26 PM IST

IRB Infrastructure jumps over 2% on strong June toll revenue growth

The uptick in the stock price came after the company announced a strong set of June toll revenue collections

IRB Infrastructure jumps over 2% on strong June toll revenue growth
Updated On : 11 Jul 2024 | 9:36 AM IST

Sahaj Solar IPO opens today; check price band, GMP, other details here

The subscription for Sahaj Solar IPO closes on July 15, 2024. The price band for Sahaj Solar IPO is fixed at Rs 171 to Rs 180 per share

Sahaj Solar IPO opens today; check price band, GMP, other details here
Updated On : 11 Jul 2024 | 8:43 AM IST

Sensex tumbles over 900 pts intraday: Why are stock markets falling today?

The NSE Nifty50 fell 1.19 per cent or 291 points, reaching a low of 24,141.80 levels

Sensex tumbles over 900 pts intraday: Why are stock markets falling today?
Updated On : 10 Jul 2024 | 4:10 PM IST

Asian shares edge higher, markets hope for dovish stance from Powell

Chinese blue chips edged up 0.1%, while Hong Kong's Hang Seng index was flat

Asian shares edge higher, markets hope for dovish stance from Powell
Updated On : 09 Jul 2024 | 9:48 AM IST

Citi initiates coverage on Affle with 'Buy', sees 20% upside; stock up 6%

Affle (India) share price zoomed as much as 6.68 per cent to hit a fresh 52-week high of Rs 1,461 after Citi's 'Buy' call. In comparison, BSE Sensex was trading 0.24 per cent higher at 80,155.59

Citi initiates coverage on Affle with 'Buy', sees 20% upside; stock up 6%
Updated On : 09 Jul 2024 | 9:43 AM IST

Stock Market Highlights, July 8: Indices end flat after listless day; PSBs fall, FMCGs buck trend

Stock Market Highlights on July 8: The broader indices, though, hit all-time highs in the intraday trade, ended with a negative bias as well

Stock Market Highlights, July 8: Indices end flat after listless day; PSBs fall, FMCGs buck trend
Updated On : 08 Jul 2024 | 3:52 PM IST

Mcap of 8 most-valued firms jumps Rs 1.83 trn; TCS, Infosys biggest gainers

Eight of the top-10 most valued firms together added Rs 1,83,290.36 crore in market valuation last week, with IT majors Tata Consultancy Services (TCS) and Infosys emerging as the biggest gainers, in line with a rally in equities. Last week, the BSE benchmark jumped 963.87 points, or 1.21 per cent. The market valuation of TCS jumped Rs 38,894.44 crore to Rs 14,51,739.53 crore, becoming the biggest gainer among the top-10 firms. Infosys added Rs 33,320.03 crore taking its valuation to Rs 6,83,922.13 crore. The valuation of Reliance Industries climbed Rs 32,611.36 crore to Rs 21,51,562.56 crore and that of ICICI Bank zoomed Rs 23,676.78 crore to Rs 8,67,878.66 crore. The market capitalisation (mcap) of Life Insurance Corporation of India (LIC) rallied Rs 16,950.99 crore to Rs 6,42,524.89 crore and that of Hindustan Unilever surged Rs 16,917.06 crore to Rs 5,98,487.89 crore. The mcap of ITC went up by Rs 10,924.13 crore to Rs 5,41,399.95 crore. State Bank of India's valuation climb

Mcap of 8 most-valued firms jumps Rs 1.83 trn; TCS, Infosys biggest gainers
Updated On : 08 Jul 2024 | 7:02 AM IST

Market outlook July 05: Nifty eyes 5th weekly gain; SME Nephro Care to list

All you need to know before the Indian stocks open for trade on Friday: GIFT Nifty hints quiet start. Nephro Care India will be the first SME IPO to debut after Sebi announced a cap on listing price.

Market outlook July 05: Nifty eyes 5th weekly gain; SME Nephro Care to list
Updated On : 05 Jul 2024 | 7:36 AM IST

Zee Media rallies over 8% after board approves fundraise of up to Rs 200 cr

The uptick in share price came after the board of directors of the company approved a fund raise of up to Rs 200 crore via all permitted instruments

Zee Media rallies over 8% after board approves fundraise of up to Rs 200 cr
Updated On : 26 Jun 2024 | 11:53 PM IST

This small-cap auto company has approved capacity expansion; stock gains 4%

The uptick in the stock price came after the company announced that it has evaluated and approved capacity expansion for CVJ Forging Child Part

This small-cap auto company has approved capacity expansion; stock gains 4%
Updated On : 26 Jun 2024 | 1:10 PM IST

Exicom Tele-Systems zooms 40% in 4 days on strategic pact with Hubject

Shares hit a new high of Rs 461, as they rallied 14% on the BSE in Monday's intra-day amid heavy volumes and trading 225% higher over its issue price of Rs 142 per share.

Exicom Tele-Systems zooms 40% in 4 days on strategic pact with Hubject
Updated On : 24 Jun 2024 | 2:34 PM IST

Prestige Estates up 3% after board okays fundraising of Rs 5,000 cr via QIP

The uptick in share price came after Prestige Estates announced that its board has approved fundraising of up to Rs 5,000 crore via qualified institutional placement (QIP)

Prestige Estates up 3% after board okays fundraising of Rs 5,000 cr via QIP
Updated On : 24 Jun 2024 | 2:15 PM IST

Buy & Sell: Top three picks by Anand Rathi for June 24; key levels here

PVR Inox has recently exhibited two significant technical analysis signals that indicate a potential bullish shift. Firstly, there is a bullish divergence on the weekly RSI near 30 level

Buy & Sell: Top three picks by Anand Rathi for June 24; key levels here
Updated On : 24 Jun 2024 | 6:22 AM IST

Jakson Green bags NTPC bid for project to produce 4G ethanol from flue gas

New energy transition platform Jakson Green on Wednesday said it has bagged an order from state-owned NTPC for setting up a plant to produce 4G ethanol from flue gas. The proposed plant at Lara in Chhattisgarh will produce 10 tonnes per day (TPD) of 4G ethanol from flue gases emitted from power plants, a company statement said. Using the latest carbon capture technology by Veolia Carbon Clean, the plant will capture 25 TPD CO2 from flue gases, significantly reducing greenhouse gas emissions, it said. Also, 3 tonnes per day of green hydrogen will be generated through 7.5 MW electrolyser, the statement said. Captured carbon dioxide (CO2) and generated hydrogen (H2) are combined via advanced microbial fermentation technology from LanzaTech Inc., converting these inputs into 4G ethanol, it explained According to the statement, Jakson Green has been awarded a critical role in India's groundbreaking project towards a greener future, establishing the world's first flue gas CO2-to-4G etha

Jakson Green bags NTPC bid for project to produce 4G ethanol from flue gas
Updated On : 19 Jun 2024 | 5:31 PM IST

Nandan Denim locked in 20% upper circuit after announcing 1:10 stock split

The company's stock rose after it announced a 1:10 stock split, meaning each equity share having face value of Rs 10 each will be subdivided into ten equity shares having face value of Rs 1 each

Nandan Denim locked in 20% upper circuit after announcing 1:10 stock split
Updated On : 18 Jun 2024 | 2:27 PM IST

Gensol Engg hits 5% upper circuit on securing project worth Rs 1,340 crore

The rise in stock came after the company emerged as a successful bidder for a 250-Mw/500 MWh battery energy storage system (BESS) tender floated by Gujarat Urja Vikas Nigam Limited

Gensol Engg hits 5% upper circuit on securing project worth Rs 1,340 crore
Updated On : 13 Jun 2024 | 10:07 AM IST

Go Digit stock price zooms 10%, hits record high on robust Q4 results

The stock debuted on a quiet note on the stock exchanges, BSE and NSE, on May 23, 2024. Go Digit stock listed at Rs 281.10 apiece on the BSE as against an issue price of Rs 272

Go Digit stock price zooms 10%, hits record high on robust Q4 results
Updated On : 12 Jun 2024 | 10:56 AM IST

Persistent up 2% on deal with Google Cloud to drive innovative solutions

The uptick in share price came after the IT major announced that it has entered into a long-term strategic partnership agreement with Google Cloud, to drive innovative solutions

Persistent up 2% on deal with Google Cloud to drive innovative solutions
Updated On : 11 Jun 2024 | 2:14 PM IST