Amic Forgings was trading at Rs 251.35 against its issue price of Rs 126 per share, while Deepak Chemtex was quoting at Rs 159.60, against its issue price of Rs 80 per share.
Posts in category Business Standard
Investors’ wealth rises by Rs 2.17 trn in deals as markets scale new peaks (06-12-2023)
Investors turned wealthier by Rs 2.17 lakh crore on Wednesday, as benchmark indices raced to scale new peaks, lifted by gains in blue chip stocks on the back of strong institutional inflows.
Benchmark sensitive indices Sensex and Nifty touched record highs in initial trade on Wednesday, with Nifty nearing the psychologically-important level of 21,000.
The 30-share BSE Sensex jumped 303.25 points, or 0.44 per cent, to a new record high of 69,599.39 in the morning trade. The broader index Nifty also climbed 100.05 points, or 0.48 per cent to hit its fresh lifetime high of 20,955.15.
The market rally added Rs 2.17 lakh crore wealth to investors’ kitty.
The market capitalisation of BSE-listed companies surged to Rs 348.64 lakh crore in initial deals on Wednesday, from Rs 346.47 lakh crore in the previous trading session.
Analysts said foreign institutional investors have reversed their selling strategy and have been consistent buyers during the last seven days. This momentum is a …
Vedanta’s Hindustan Zinc to give interim dividend worth Rs 2,535 crore (06-12-2023)
Earlier in July, Hindustan Zinc had announced its first interim dividend of Rs 7 per share
Patanjali Foods hits record high on healthy biz outlook; soars 24% in 2 mth (06-12-2023)
The company said it is aiming to increase market share in foods segment through continued focus on biscuits and masala category
India’s stock market value tops $4 trillion, narrowing gap with Hong Kong (06-12-2023)
The market capitalisation of companies listed on India’s exchanges has risen by $1 trillion in less than three years, as the South Asian market emerges as one of the best performers
Infra, manufacturing, utilities to be biggest beneficiaries of bull market (06-12-2023)
Apart from the aforementioned traditional sectors, current capex cycle may have additional drivers in the form of new-age sectors such as data centres, AI infrastructure, EVs and green energy
Stocks to Watch today, Dec 6: Canara Bk, Somany, Zee Learn, Patanjali Foods (06-12-2023)
Stocks to Watch on Wednesday, December 6, 2023: Axis Bank has initiated Corporate Insolvency Resolution Process against Digital Ventures Private Limited, wholly-owned subsidiary of Zee Lear
Stock Market LIVE: Sensex rises 250 pts to fresh high, Nifty near 20,950 (06-12-2023)
Stock market live on December 6, 2023: At 7:15 am, the Nifty futures in Gift City were trading 85 points higher at 21,028
Gold price falls Rs 1,090 to Rs 63,110, silver down Rs 2,000 at Rs 78,500 (06-12-2023)
The price of 22-carat gold declined Rs 1,000, with the yellow metal selling at Rs 57,850
Minor pullback in Nifty IT; range-bound movement in Nifty Auto likely (06-12-2023)
The optimal trading strategy for risk-tolerant traders involves selling Nifty IT either at the current levels or on upward movements, suggests Ravi Nathani