Posts in category Economic Times
Tech View: Sideways Nifty getting primed for sharp move. Here’s how to trade on Friday (13-06-2024)
Nifty formed a small negative candle with a minor lower shadow. The short-term trend of Nifty continues to be a range bound with positive bias. Nifty has been consolidating in the broad range of 23,200-23,500. A decisive close beyond the boundaries can lead to a trending move.
Sun Pharma, Hindustan Copper among 5 stocks with short covering (13-06-2024)
Short covering signals a shift in view regarding a security from extreme bearishness to bullishness.
Ambuja Cements to acquire 100% stake in Penna Cement for Rs 10,422 crore (13-06-2024)
The acquisition will be fully funded through internal accruals, the filing said. The move is expected to boost Ambuja Cements' growth, said Ajay Kapur, CEO & Whole Time Director. The consolidated turnover of PCIL for the last three years i.e. FY2023-24, FY2022-23 and FY2021-22 is Rs 1241 crore, Rs 2002 crore and Rs 3204 crore, respectively.
A breakout above 50,200 required for bulls to take control of Nifty Bank: Experts (13-06-2024)
The index closed with a negative bias at 49,846. Counters like IndusInd Bank, SBI, Kotak Bank and HDFC Bank saw strong buying action, while selling was seen in Federal Bank, ICICI Bank, Axis Bank and Bandhan Bank.
Stock market update: Nifty Auto index advances 0.7% (13-06-2024)
The Nifty Auto index closed 0.7 per cent up at 25393.2.
Sensex rises! But these stocks fell 5% or more in Thursday’s session (13-06-2024)
In the Nifty pack, 35 stocks closed in the green, while 15 stocks ended in the red.
Stock market update: Nifty Pharma index advances 0.5% (13-06-2024)
The Nifty Pharma index closed 0.5 per cent up at 19838.5.
Stock market update: Nifty Bank index falls 0.1% (13-06-2024)
The Nifty Bank index closed 0.1 per cent down at 49846.7.
Share market update: Most active stocks in today’s market in terms of volume (13-06-2024)
The NSE Nifty index closed 75.96 points up at 23398.9
Stock market update: FMCG stocks down as market rises (13-06-2024)
The 30-share BSE Sensex closed up 204.33 points at 76810.9