Category: Business & Economy

New Delhi: On Friday, the Nifty Bank index had a great day, finishing up by 0.56%, closing at 49,587.2. Several banks saw their shares rise sharply. Punjab National Bank led the way with a jump of 4.85% in its share prices. Other winners included IndusInd Bank (up 3.57%), IDFC First Bank (up 3.36%), Canara Bank (up 2.6%), and State Bank of India (up 1.36%).

However, not all banks did well. Bank of Baroda saw its shares drop by 4.05%, while ICICI Bank lost 0.23% and Kotak Mahindra Bank fell slightly by 0.02%.

Across the market, the Nifty50 index went up by 258.91 points, reaching 23,508.4. The BSE Sensex climbed by 740.76 points to hit 77,500.57. Out of the 50 stocks in the Nifty index, 43 gained in value while only 7 dropped.

Some of the most traded stocks today were Vodafone Idea, Ola Electric, Suzlon Energy, YES Bank, and Kalyan Jewellers. Exciting news for investors: shares of Blue Jet Healthcare, UPL, Navin Fluorine, Asian Hotels, and MPS Ltd reached their highest prices in 52 weeks! However, De Nora India, Whirlpool India, Indo Nat Ltd, Noida Toll Bridge Co, and Abans Holdings hit their lowest prices in the same time frame.

On Thursday, many stocks in Mumbai dropped more than 5% even though the main index, BSE Sensex, went up by 226.85 points to reach 76,759.81 thanks to strong buying of popular large companies.

Some of the biggest losers today were:
– Whirlpool India – down by 19.99%
– Voltas – down by 14.09%
– Deepak Fertilisers – down by 13.11%
– Aditya Vision – down by 10.33%
– Rose Merc. Ltd. – down by 9.96%

In the Nifty index, 35 stocks gained value while 15 stocks lost value. The Nifty index closed up by 86.41 points at 23,249.5.

On the BSE, some companies hit their lowest prices in 52 weeks, including Raymond Lifestyle, Rose Merc. Ltd., Tata Motors, Forbes Company, and Deepak Spinners. Meanwhile, some stocks reached their highest prices in 52 weeks, such as Associated Alcohols & Breweries, Blue Jet Healthcare, Jindal Drilling, Tanfac Ind, and CarTrade Tech

NEW DELHI: During Thursday’s trading session, stocks of Associated Alcohols & Breweries, Blue Jet Healthcare, Jindal Drilling, SRF, and CarTrade Tech reached their highest prices in 52 weeks on the NSE. The main market index, NSE Nifty, rose by 86.41 points to finish at 23,249.5, thanks to strong buying in popular large companies. However, some stocks, such as Raymond Lifestyle L, Asahi Songwon, MITCON Const & Engg. (PP), Tata Motors, and Balaxi Pharma, dropped to their lowest prices in a year.

In the Nifty 50 index, 35 stocks gained value, while 15 lost value. The top gainers included BEL, Power Grid, Hero MotoCorp, Bharti Airtel, and Cipla. On the other hand, Tata Motors, Adani Enterprises, Shriram Finance, Bajaj Finserv, and Adani Ports SEZ saw losses. The BSE Sensex also closed 226.85 points higher at 76,759.81. Overall, traders were active in some areas while selling was noted in others

NEW DELHI: The Nifty Bank index had a good day on Thursday, closing up by 0.3% at 49,311.95. The biggest winners were IDFC First Bank, which went up by 2.3%, followed by IndusInd Bank (up 0.93%), HDFC Bank (up 0.85%), State Bank of India (up 0.55%), and ICICI Bank (up 0.32%).

On the flip side, the top losers were Punjab National Bank (down 1.28%), Canara Bank (down 1.11%), Kotak Mahindra Bank (down 0.99%), Federal Bank (down 0.66%), and Bank of Baroda (down 0.09%).

The benchmark NSE Nifty50 index rose by 86.41 points to settle at 23,249.5, while the BSE Sensex increased by 226.85 points to reach 76,759.81. Out of the 50 stocks in the Nifty, 35 saw gains, while 15 faced losses.

Some of the most traded stocks on the NSE included Vodafone Idea, YES Bank, Tata Motors, IDFC First Bank, and BEL. Today, stocks like Associated Alcohols & Breweries, Blue Jet Healthcare, Jindal Drilling, SRF, and CarTrade Tech reached their highest prices in 52 weeks. Meanwhile, companies like Raymond Lifestyle, Asahi Songwon, MITCON Const & Engg.(PP), Tata Motors, and Balaxi Pharma hit their lowest prices in 52 weeks.

NEW DELHI: In today’s trading session at 11:15 AM, these companies were the most active on the National Stock Exchange: Axis Bank (Rs. 131.91 crore), Tata Motors (Rs. 118.75 crore), Bajaj Finance (Rs. 81.14 crore), Zomato (Rs. 46.69 crore), Commercial Engineering (Rs. 40.40 crore), Waaree Energies (Rs. 35.18 crore), Kalyan Jewellers (Rs. 30.10 crore), Kaynes Technology (Rs. 26.78 crore), Voltas (Rs. 25.48 crore), and Sangam Renewables (Rs. 20.34 crore).

The NSE Nifty index rose by 125.21 points to reach 23288.3, while the BSE Sensex went up by 303.79 points to hit 76836.75.

Some of the top gainers in the Nifty index include Power Grid Corporation of India Ltd. (up 2.99%), Bajaj Finance Ltd. (up 2.84%), Oil and Natural Gas Corporation Ltd. (up 2.82%), Cipla Ltd. (up 2.72%), and Bharat Electronics Ltd. (up 2.66%).

On the flip side, some companies saw declines: Tata Motors Ltd. (down 6.31%), Infosys Ltd. (down 0.98%), UltraTech Cement Ltd. (down 0.40%), ICICI Bank Ltd. (down 0.23%), and Wipro Ltd. (down 0.15%).

On Wednesday, the Nifty Auto index went up, showing that many car and bike companies did well.

Shares of TVS Motor Company jumped by 5.53%, Tata Motors rose by 3.33%, Exide Industries gained 2.84%, Bajaj Auto increased by 2.71%, and Samvardhana Motherson International was up by 2.21%. These companies were the top winners for the day!

However, not all companies did great. Bosch shares dropped by 5.51%, Maruti Suzuki went down by 1.21%, Bharat Forge fell by 1.14%, and MRF shares decreased by 0.49%.

Overall, the Nifty Auto index finished 1.45% higher at 22,586.35 points. The main Nifty50 index increased by 205.85 points to stand at 23,163.1 points, while the BSE Sensex rose by 631.55 points, reaching 76,532.96 points.

Among the 50 stocks in the Nifty index, 40 went up in price, while 10 went down.

Some of the most traded shares today included Vodafone Idea, YES Bank, IDFC First Bank, Inox Wind Ltd., and Zomato.

In today’s trading, shares of Blue Jet Healthcare, Tera Software, Blue Coast Hotel, Navkar Builders, and Madhya Bharat Agro reached new 52-week highs. Meanwhile, Baazar Style Retail, Karda Const, Power Mech Proj, Baid Leasing, and Noida Toll Bridge Co hit new 52-week lows.

NEW DELHI: Sugar stocks are on the rise today! As of 11:22 AM, Bannari Amman Sugars Ltd. leads with a 5.69% increase, followed by Dhampur Sugar Mills Ltd. at 5.58%, and Magadh Sugar & Energy Ltd. at 5.56%. Other sugar companies like Dwarikesh Sugar Industries Ltd. (up 4.87%) and Uttam Sugar Mills Ltd. (up 4.59%) are also seeing good gains.

However, Ugar Sugar Works Ltd. is down by 4.22%, and KM Sugar Mills Ltd. has a slight drop of 0.14%.

In the broader market, the NSE Nifty50 index is up by 130.55 points at 23,087.8, while the BSE Sensex climbed 388.09 points to reach 76,289.5 around the same time.

Other top gainers in the Nifty pack include Bharat Electronics Ltd. (up 2.89%), Bajaj Auto Ltd. (up 2.57%), and Eicher Motors Ltd. (up 2.17%).

On the downside, stocks like Bharat Petroleum Corporation Ltd. (down 1.48%) and NTPC Ltd. (down 1.09%) are struggling.

New Delhi: Today, several companies were popular on the National Stock Exchange (NSE) at 10:57 AM. Here are the most traded companies:

– Kaynes Technology: ₹1037.18 crore
– One Mobikwik Systems: ₹670.06 crore
– JSW Energy: ₹658.58 crore
– Syrma SGS Technology: ₹449.59 crore
– Anant Raj: ₹446.79 crore
– BSE: ₹446.74 crore
– TVS Motor: ₹433.35 crore
– Bajaj Auto: ₹432.75 crore
– HDFC Bank: ₹424.93 crore
– Bajaj Finance: ₹424.63 crore

At this time, the NSE Nifty index was up by 131.41 points, reaching 23088.65, while the BSE Sensex was up by 407.6 points, reaching 76309.01.

Some of the biggest winners today include:
– Bharat Electronics Ltd. (up by 3.49%)
– Bajaj Auto Ltd. (up by 2.77%)
– Shriram Finance Ltd. (up by 2.16%)
– Trent Ltd. (up by 2.11%)
– Eicher Motors Ltd. (up by 1.88%)

But not everyone did well. Here are the companies that lost value:
– Tata Consumer Products Ltd. (down by 1.44%)
– Bharat Petroleum Corporation Ltd. (down by 1.28%)
– ITC Ltd. (down by 0.80%)
– NTPC Ltd. (down by 0.66%)
– Britannia Industries Ltd. (down by 0.46%)

ITC Hotels is about to start trading on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) on Wednesday, January 29, 2025! Here are 10 important things shareholders should know:

1. Expected Listing Price: People think ITC Hotels will sell for between ₹113 and ₹170 per share when it first opens.

2. Brokerage Opinions: Different experts have different guesses – Nuvama thinks it could be around ₹200 per share, while Nomura believes it might range between ₹200 and ₹300. SBI Securities agrees with the previous expected price range.

3. When to Watch: ITC Hotels will start trading on the BSE and NSE at 9:15 AM on January 29, 2025.

4. Part of Major Indices: ITC Hotels will be included in the Sensex and Nifty for 3 trading days. This could change if its stock hits certain limits.

5. Becoming Independent: ITC Hotels separated from its parent company, ITC, on January 1, 2025. ITC still owns 40% of ITC Hotels, while the other 60% is shared by current ITC shareholders.

6. Price Changes: On January 6, there was a special session to adjust ITC shares. The price dropped by ₹26 on the NSE and ₹27 on the BSE.

7. Share Allotment: ITC gave out 125.11 crore shares of ITC Hotels to its shareholders on January 11.

8. How Shares Were Distributed: Shareholders got 1 share of ITC Hotels for every 10 shares of ITC they owned as of January 6. These shares will soon be tradable!

9. Effect of the Split: After the split, ITC shareholders now own parts of two companies, which changes the value of ITC on the market.

10. Cost Breakdown for Shareholders: If you own 1,000 ITC shares that you bought for ₹400 each, your total cost is ₹4,00,000. After the split, 86.49% (₹3,45,960) goes to ITC shares and 13.51% (₹54,040) to ITC Hotels shares

On Tuesday, shares of fertilizer companies went up. Madhya Bharat Agro Products Ltd. gained 3.30%, Krishana Phoschem Ltd. rose by 1.18%, Paradeep Phosphates Ltd. increased by 0.34%, and Aries Agro Ltd. went up by 0.30%.

However, some companies faced losses. Agro Phos India Ltd. dropped 5.52%, The Fertilisers and Chemicals Travancore Ltd. fell by 3.13%, Chambal Fertilisers & Chemicals Ltd. decreased by 2.32%, and several others also saw a drop in their share prices.

Overall, the NSE Nifty50 index went up by 128.1 points to reach 22,957.25, while the BSE Sensex climbed 535.24 points to settle at 75,901.41.

Among the top gaining companies in the Nifty group were Bajaj Finance Ltd. (up 4.27%), Axis Bank Ltd. (up 3.77%), and HDFC Bank Ltd. (up 2.5%). In contrast, Sun Pharmaceutical Industries Ltd. faced the biggest drop, falling 4.56%, along with Britannia Industries Ltd. (down 2.24%) and Hindalco Industries Ltd. (down 2.23%).