Sep 26, 2023, 3:03 pm IST
Top 5 Gainers and Losers Today
Source: NSE
Sep 26, 2023, 3:01 pm IST
Nuvama Wealth Mgmt Debuts at Rs 2,764 on BSE, Hits 5% Lower Circuit
Nuvama Wealth Management Limited formerly known as Edelweiss Securities Limited listed on both major domestic Stock Exchanges today. On BSE it was trading at 5 percent lower circuit at Rs 2564.10 a share at 2.42 pm, Moneycontrol reported.
Sep 26, 2023, 2:48 pm IST
Midcap Defence Stock Surges Over 3% On Order From Ministry of Defence
Zen Technologies Ltd., a leading provider of defence company, on Tuesday, Sept 26, 2023, announced a landmark order win, which the company received on Sept 22, 2023, from the Ministry of Defence (MoD), Govt. of India. Zen was the resultant single vendor for this Anti-Drone systems order.
Sep 26, 2023, 2:20 pm IST
RVNL Emerges Lowest Bidder for Project Worth Rs 311.17 cr
RVNL emerges as the Lowest Bidder (L1) for construction of 4 Nos. Tunnels (total Length 1.6km) with ballast less track, Earthwork in formation, Construction of Important Bridges (2nos), Major Bridges (1no), Minor Bridges (25nos), Supply of Stone ballast, Track linking, side drain retaining wall etc. from Km 831.8 to Km 841.9 in Dharakoh Maramjhiri section in connection with third line, according to Moneycontrol.
Sep 26, 2023, 1:54 pm IST
Anupam Rasayan Inks Three MoUs With Government Of Gujarat, A Collaboration For Afforestation
Anupam Rasayan shares grabbed attention on Tuesday after the company said that it has signed three Memorandums of Understanding (MoUs) with the Government of Gujarat for afforestation on a total land area of 150 hectares – 50 hectares located in Narmada district, 50 hectares located in Tapi District and 50 hectares located in Surat District. This project will be a part of Green Belt Development Drive by the development of various lands earmarked by the Gujarat government for the purpose of plantation and maintenance of different kinds of trees.
Sep 26, 2023, 1:30 pm IST
JSW Infrastructure IPO Receives Decent Subscription On Day 2: Retail Quota Booked 2.7 Times
The initial public offering (IPO) of JSW Infrastructure Limited recorded a decent subscription on the second day of bidding. The issue was subscribed 90% as investors subscribed to 12.23 crore equity shares against an offer size of 13.62 crore. Retail investors bought 2.81 times the allotted quota or 10% of the total offer size, while the issue received a subscription of 1.36 times from net institutional investors.
Sep 26, 2023, 12:59 pm IST
Rupee Weakens To 83.2250 Against US Dollar
The Indian rupee weakened on Tuesday as the local unit tracked the performance of other Asian peers, while elevated US Treasury yields also weighed on the domestic currency, which neared key support levels.
On Tuesday, according to Reuters, the Rupee was at 83.2250 against the US dollar as of 10:55 a.m. IST, compared with 83.1450 in the previous session.
Sep 26, 2023, 12:25 pm IST
HDFC AMC Shares Trade Higher On Investment Of Rs 25 Crore In Fully Owned Subsidiary HDFC AMC International
HDFC AMC shares traded in the green Tuesday, a day after the company said in an exchange filing that it has invested an amount of Rs 25,00,00,000/- Wholly Owned Subsidiary (“WOS”) HDFC AMC International and continues to hold a 100% stake in the arm. HDFC AMC shares were up 0.68% at Rs 2688.90 per share at 12:22 pm IST.
Sep 26, 2023, 12:15 pm IST
Strides Pharma Shares Trade Lower On Plan To Spin-off CDMO And Soft Gelatin Biz Into Separate Entity
Strides Pharma shares traded almost 0.53% lower at Rs 532.80 in the intraday trading session on Tuesday after the company said that its wholly owned subsidiary in Singapore viz., Strides Softgels Pte. Ltd. will undertake the acquisition of CDMO business and Soft Gelatin business (‘the Business Undertaking’) from Strides Pharma Global Pte. Ltd, another step-down wholly owned subsidiary of the Company. The book value of the Business Undertaking of SPG as of August 31, 2023, is approximately USD3.12 Million.
Sep 26, 2023, 11:36 am IST
Mines Ministry Gives Jspl A Personal Hearing In October In Connection With Compensation Order
Jindal Steel and Power announced that the Minstry of Mining has given the company a date in October for the personal hearing with regards to the compensation order. The Mines Ministry had determined incremental fixed cost of Rs 285.2 croe for the Utkal C Mine, Moneycontrol reported.
Sep 26, 2023, 11:19 am IST
Larsen & Toubro's Rs 10,000 Crore Buyback Offer Oversubscribed By 7.2 Times; Stock Rises
Larsen & Toubro (L&T) received massive demand for its Rs 10,000 crore worth of shares buyback as the offer oversubscribed by over seven times on the final day. Due to the impressive success of the buyback, L&T shares rallied over 1% on Tuesday.
Sep 26, 2023, 10:49 am IST
AB Fin First Public Issue on September 27
Aditya Birla Finance's First Public Issue Of NCDs Worth Rs 2,000 Crore To Open On September 27
Sep 26, 2023, 10:48 am IST
Voltamp Transformers drops 6% after Rs 603 crore block deal
Shares of Voltamp Transformers opened around 6 percent lower on September 26 after a block deal worth Rs 603 crore took place on the bourses.
Around 13 lakh shares or 12.9 percent equity changed hands in a block deal at an average price of Rs 4,650 per share, which represents a near 6 percent discount from the stock's Monday closing price of Rs 4,928.50, Moneycontrol reported.
Sep 26, 2023, 9:43 am IST
Global Crypto Market Rises 0.51%
The digital asset market traded in the green on Tuesday (September 26) as the price of two major cryptocurrencies moved northward today. The global crypto market cap rose 0.51% at .05 Trillion on Tuesday.
Sep 26, 2023, 9:36 am IST
Voltamp Large Trade
Voltamp Large Trade | 13 lakh shares (12.9 percent equity) worth Rs 603 crore change hands at an average of Rs 4,650 per share, reported CNBC-TV18.
Sep 26, 2023, 9:33 am IST
Top 5 Gainers and Losers
Source: NSE
Sep 26, 2023, 9:26 am IST
Anand James,Chief Market Strategist at Geojit Financial
"Prima facie an average F&O trader, is less likely to warm up to the idea of the evening session as it eats into one’s personal time and space, which is essential for research and planning or more importantly time off the market for recharge and introspection. But the possibility that the evening session could attract a different breed of investors, should not be underestimated. Also, while large investors who need depth and tight spreads could wait for the regular session, those looking to react early to global news flow could be interested, despite the risk of potentially lower volumes. Further, we have so far taken credit for the strength of our macros, which has helped our indices less troubled by global market volatility. In other words, the prospects of even the index derivatives matching US markets blow for blow look low, and could be limited to some data releases like US non farm payrolls data or CPI/GDP numbers, while FOMC rate decisions which Indian markets are sensitive to are mostly announced quite late in the session."
Sep 26, 2023, 9:19 am IST
Indian Rupee Opens Lower
Indian rupee opens at 83.19 per US dollar vs 83.15 at close on Monday
Sep 26, 2023, 8:58 am IST
Top Stock Picks For Today By Sumeet Bagadia - Executive Director - Choice Broking
Grasim Industries: Buy in cash @ Rs 1939.85, stop-loss: Rs 1889, target: Rs 2030
Bank of Baroda: Buy BANKBARODA in cash @ Rs 217.40, stop-loss @ Rs 207, target @ 235.
Sep 26, 2023, 8:55 am IST
Stocks To Watch Today
On the trading session of Tuesday shares of SBI, Indian Bank, Indian Hotels, Religare Enterprises, Birla Estates are the hot stocks that are likely to be in focus today.