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Tata Motors near seven-month high; stock surges 16% in six days
Posted on 18th December 2019

Shares of Tata Motors continued their their northward journey, trading close to seven-month high of Rs 185, up 2 per cent on Wednesday, on the back of a slew of positive news.

The commercial vehicles major's stock has rallied 16 per cent in the past six trading days, as compared to 3 per cent rise in the benchmark S&P BSE Sensex.


Navin Fluorine gains for third straight day; stock hits fresh all-time high
Posted on 16th December 2019

Shares of Navin Fluorine International were trading higher for the third straight day, up 2 per cent at Rs 960 in intra-day trade on Monday after the company announced a capex plan of Rs 450 crore at Dahej through a wholly-owned subsidiary, which is to be incorporated.

The stock has rallied 8 per cent in the past three trading days, as compared to 1.5 per cent rise in the benchmark S&P BSE Sensex. In the past two months, it rallied 32 per cent against 6 per cent gain in the benchmark index.


BGR Energy surges 39% in two days on Rs 4,443 crore contract win
Posted on 16th December 2019

Shares of BGR Energy surged 16 per cent to Rs 41.15 in early morning deals on Monday, thus rallying 39 per cent in the last two trading days after the company won a contract worth of Rs 4,443 crore from Tamil Nadu Generation and Distribution Corporation Limited (TANGEDCO).

In a regulatory filing on Friday, BGR Energy said the company was awarded a contract by Tamil Nadu Generation and Distribution Corporation Limited for the execution of 1x660 MW Supercritical Ennore Thermal Power Station Expansion Project under EPC basis.


NSE suspends Karvy Stock Broking's license due to non-compliance
Posted on 2nd December 2019
National Stock Exchange (NSE) on Monday suspended the license of Karvy Stock Broking with effect from today (December 2, 2019) due to non-compliance of the regulatory provisions of the Exchange.

In a circular, the exchange informed that the brokerage firm has been suspended from capital market, Futures & Options (F&O), Currency derivatives, Debt, Mutual Fund Service System (MFSS) and commodity derivatives segments.


Jindal Steel & Power hits over 4-month high, zooms 60% in one month
Posted on 7th November 2019

Shares of Jindal Steel & Power (JSPL) hit an over four-month high of Rs 150, up 11 per cent on the BSE on Thursday on expectation of raw material benefits led by lower coking coal costs to offset the decline in steel prices in the near term.

The stock of the steel company was trading at its highest level since June 27, 2019. It has rallied 60 per cent in the past one month.


MSTC stock zooms 20% after L&T appoints the firm as its selling agent
Posted on 7th November 2019

Shares of MSTC zoomed 20 per cent to Rs 148 on the BSE on Thursday after the construction & engineering giant Larsen & Toubro (L&T) appointed the company as its selling agent.

The stock of the state-owned e-commerce firm was trading at its highest level since listing on March 29, 2019. In the past nine trading days, it soared 56 per cent, as compared to a four per cent rise in the S&P BSE Sensex. The stock has more than doubled from its recent low price of Rs 70, touched on August 14 in the intra-day deal.


Sensex gains 582 points, Nifty settles at 11,787; Tata Motors top gainer at 16%
Posted on 31st October 2019
Market benchmark Sensex on Tuesday gained almost 582 points to close at 39,831.84 while the broader NSE Nifty settled at 11,786.85 after surging 159.70 points.

The 30-share Sensex rose over 666 points before settling at 581.64, or 1.48% higher at 39,831.84. It hit an intra-day high of 39,917.01 and a low of 39,254.12.


BSE, NSE closed on account of Diwali Balipratipada; key highlights from Muhurat trading session
Posted on 28th October 2019
The leading stock market bourses –the Bombay Stock Exchange (BSE) and the National Stock Exchange of India (NSE) are closed for trading today, October 28, 2019, on account of Diwali Balipratipada. Wholesale commodity markets, including metal and bullion, will also remain shut on the occasion. There will be no trading activity on forex and commodity futures markets to observe the occasion. Muhurat trading for this year has ended with headline indices posting gains. Sensex closed 192 points higher to 39,250, while Nifty closed at 11,627, after surging 43 points.

Sensex, Nifty a tad higher as assembly results limit gains
Posted on 25th October 2019
Indian equities on Friday opened marginally higher amid mixed cues from global markets. Disappointment over state election results kept the gains in check.

At 9.25am, the benchmark Sensex rose 0.2% to 39120 points while Nifty gained 0.02% to 11584.75 points.


Brexit deal, divestment plans boost Sensex, Nifty
Posted on 19th October 2019
Equity market witnessed sixth consecutive session of gains with benchmark indices Sensex and Nifty-50 gaining over 0.6 per cent on positive global and domestic cues after Brexit deal and the Central government planning more PSU divestments to bridge the fiscal deficit gap.

Sensex gained 246.32 points or 0.63 per cent closing at 39,298.38 while the broader Nifty-50 gained 75.50 points or 0.65 per cent to close at 11,661.85.


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