Prashanth Tapse, Senior VP (Research), Mehta Equities
Markets held on to gains for the 3rd straight day but strong follow-through buying was however missing albeit lack of positive Asian cues. The positive takeaway was that the benchmark Nifty sticked to gains as Nifty Mid-cap and Small-cap indices continue to scale fresh all-time-highs. The risk mood has improved after Friday’s softer than expected US August payrolls report which suggests that September rate hike is off the table.
Kunal Shah, Senior Technical & Derivative analyst at LKP Securities
The Bank Nifty index is currently consolidating within a defined range, with support at 44,500 and resistance at 44,650. Despite the consolidation, a bullish undertone is observed, and traders are encouraged to consider buying on dips, with strong support around 44,300-44,200. A breakout above 44700 could lead to further upside moves, especially towards the 45,000 level where significant open interest is seen on call options.
Deepak Jasani, Head of Retail Research, HDFC Securities
Nifty steadily advanced on Sept 05 to end higher for the third consecutive session. At close, Nifty was up 0.24% or 46.1 points at 19574.9. Volumes on the NSE were high and near recent average. Broad market indices rose more than the Nifty even as the advance decline ratio closed up at 1.31:1.
Global equities mostly fell on Tuesday as higher Treasury yields weighed on growth stocks, while a slow pace of expansion in services activity in China (8 month low) stoked worries over demand in the world's second largest economy.
India's services sector activity eased in August but growth rates for new orders remain elevated, as services firms indicated the sharpest upturn in new export business which acted as a catalyst for firms to expand their workforces as well as output, a monthly survey said on Tuesday. Despite falling from 62.3 in July to 60.1 in August, the seasonally adjusted S&P Global India Services PMI Business Activity Index indicated one of the strongest increases in output seen since mid-2010. For the 25th straight month, the headline figure was above the neutral 50 threshold. The S&P Global India Composite PMI Output Index -- which measures combined services and manufacturing output -- fell from 61.9 in July to 60.9 in August.
Nifty remained in a narrow 62 point range through the day on Sept 05 but formed a higher low compared to the previous day. Nifty could now stay in the 19645-19452 range for the near term.
Shrikant Chouhan, Head of Research (Retail), Kotak Securities
While markets extended gains for the third straight session, the mood was more or less range-bound with a positive bias as US markets were shut on Monday and investors preferred to take selective bets. One needs to be watchful about the sharp volatility in rupee, which could impact FII flows going ahead.
Technically, the Nifty is comfortably trading above the 50 and 20 day SMA (Simple Moving Average) and on intraday charts it has been forming a higher bottom formation, which is largely positive.
The 19500 level would be the sacrosanct support zone for Nifty and above the same, the index could move up till 19620-19650. On the flip side, below 19500 bulls may prefer to exit from long positions and could slip till 19450-19420.
Jatin Gedia – Technical Research Analyst at Sharekhan by BNP Paribas:
The Nifty opened the gap up today and consolidated in a narrow range for the most part of the day. It closed with gains for the third consecutive day. Because of the sideways consolidation, the hourly momentum indicator has slipped in the negative indicating a loss of momentum. Also considering the sharp run up a consolidation is likely. Overall, the trend is positive, and dips are being bought into it, which is a bullish sign.
We expect the broader market participation to continue to outperform and sector rotation is helping Nifty to stay elevated. On the upside we expect the Nifty to target levels of 19650. In terms of levels, 19490 - 19470 shall act as a crucial support and 19650 – 19700 shall act as an immediate hurdle.
Bank Nifty has witnessed a day of consolidation. It consolidated within a narrow range of 250 point range. Overall, we believe that this consolidation has come after a sharp run up which is likely to break out on the upside over the next few trading sessions. Momentum indicator has a positive crossover which is a buy signal. Thus, we can expect trending moves on the upside. On the upside we expect targets of 44900 – 45000 from short-term perspective.
Vinod Nair, Head of Research at Geojit Financial Services:
Strong domestic factors are providing crucial support for Indian equities, allowing them to maintain their strength despite attempts by weak global peers to disrupt the mood. India's service PMI remains robust at 60.2, indicating sustained demand even in the face of inflationary pressures. Notably, small and mid-cap stocks have been standout performers, with both indices reaching all-time highs. Conversely, the weak Chinese service PMI has cast a shadow on hopes of an economic rebound in China, impacting global market sentiments.
Aditya Gaggar, Director of Progressive Shares:
Extending its positive momentum, the Indian bourses started the day on a steady note at 19,540. The first half of the trading session was dominated by the bulls but in the mid-session, banking counters dragged the Index lower; however, it was the Pharma and Metal stocks which came to the rescue and helped the Index to end the day at 19,574.90 with gains of 46.10 points.
Among the sectors, Media and Realty were the outperformers while Mid and Smallcap indices extended their streak of outperformance.
Once again, Nifty50 has made a DOJI candlestick pattern at its stiff resistance level of 19,580. A strong close above the mentioned level will push the Index higher to 19,710 while the downside is protected at 19,450.
Arvinder Singh Nanda, Senior Vice President, Master Capital Services:
The Nifty Midcap index crosses the psychological 40,000 mark, gaining nearly 35% in the last six months, while the smallcap index soars above the 12,000 mark to capture around 40% gain since March 2023.
Despite this humongous gain in prices in such a short span of time, we are still more optimistic about both indexes as growing risk appetency will continue to buoy both segments.
Following the improving economic health and domestic developments, investors turned to midcap and smallcap stocks as they are often more closely tied to economic growth than large-cap stocks and offer lucrative returns. Apart from that, improving liquidity in these stocks further fuels investor's confidence to invest more in midcap and smallcap sectors.
Dilip Parmar, Research Analyst, HDFC Securities:
The Indian rupee declined to its lowest level in a month on concerns over higher crude oil prices and weaker regional currencies. The dollar rose against all Asian currencies after disappointing economic data from China and Europe bolstered a view that the US economy to outperform its peers. The haven dollar also benefited from the global risk-off tone on the expectation of hawkish Federal reserves.
In the near term, spot USDINR turned bullish after today’s price action. The pair has resistance at 83.16 and support at 82.60.
Rupee Close:
Indian rupee ended 29 paise lower at 83.03 per dollar versus previous close of 82.74.
Market Close
: Benchmark indices ended higher for the third consecutive session on September 5 with Nifty above 19,550.
At close, the Sensex was up 152.12 points or 0.23 percent at 65,780.26, and the Nifty was up 46.10 points or 0.24 percent at 19,574.90. About 2052 shares advanced, 1501 shares declined, and 140 shares unchanged.
Top gainers on the Nifty were Apollo Hospitals, Coal India, Sun Pharma, BPCL and Bajaj Auto, while losers included UltraTech Cement, SBI Life Insurance, Dr Reddy's Laboratories, Maruti Suzuki and Eicher Motors.
Among sectors, banks were down marginally, while other sectors ended in the green with healthcare and realty added 1 percent each.
The BSE midcap index rose 1 percent and smallcap index gained 0.6 percent.
Stock Market LIVE Updates | Jupiter Wagons board approves raising up to Rs 700 crore via QIP
The board of directors of Jupiter Wagons at its meeting held on September 5, 2023 has approved raising of funds, aggregating up to Rs 700 crores through Qualified Institutions Placement, through public and/or private offerings of equity shares and/or any other convertible securities, in one or more tranches.
Stock Market LIVE Updates | Websol Energy appoints Sanjana Khaitan as CFO
The board of directors of Websol Energy at their meeting held on September 5, 2023 approved the appointment of Ms. Sanjana Khaitan with effect from 5th September, 2023 as a Chief Financial officer of the company to fill the Casual Vacancy, arisen due to resignation of Mr. Sumit Kumar Shaw.
Stock Market LIVE Updates | Jefferies View On Mahindra & Mahindra Financial Services
-Hold rating, target at Rs 295 per share
-For Aug 2023, AUM grew 2.7 percent MoM, disbursement steady MoM, but up 15 percent YoY
-Collection efficiency at 96 percent was stable on MoM & YoY basis
-Stage 2 & 3 assets were range-bound versus June 2023
-Company stopped disclosing monthly divergence between IndAS Vs IRAC since March
-At 2.1x FY24 core BV, upside appears limited given 13-14 percent RoE outlook over FY23-26
Sensex Today | Anuj Choudhary - Research Analyst at Sharekhan by BNP Paribas:
Indian Rupee depreciated on Tuesday on strong Dollar and weak Asian currencies. Weak global markets and disappointing macroeconomic data from India also weighed on Rupee. India’s services PMI declined to 60.1 in August from 62.3 in July and forecast of 61. FIIs continued to sell in the domestic markets. However, softness in crude oil prices cushioned the downside. US Dollar gained on safe haven demand amid risk aversion in global markets.
We expect Rupee to trade with a negative bias on strong US Dollar and elevated crude oil prices. Risk-off sentiments in global markets may also put downside pressure on the local currency. However, positive domestic markets and expectations of a no rate hike by Fed in its September FOMC may support Rupee at lower levels. Any intervention by the Reserve Bank of India may also prevent sharp fall in Rupee. USDINR spot price is expected to trade in a range of Rs 82.60 to Rs 83.50.
Stock Market LIVE Updates | Antique View On Prince Pipes & Fittings
-Reiterate our positive stance with high conviction on re-rating potential
-Expect 14% volume CAGR over FY23-25
-Improving penetration & new plants will drive incremental growth
-Operating leverage expected to deliver adjusted EBITDA CAGR of 14% over FY23-25
-Bathware segment entry sets tone for long-term double-digit revenue growth
-Industry demand visibility remains strong
Sensex Today | Market at 3 PM
The Sensex was up 127.06 points or 0.19 percent at 65,755.20, and the Nifty was up 42.00 points or 0.22 percent at 19,570.80. About 1781 shares advanced, 1361 shares declined, and 101 shares unchanged.
Madhabi Buch of SEBI
My belief, cemented by my observation over last few years, incumbents are now morphing into Fintechs.
For instance, stock exchange is now a Fintech.
Incumbents have cashflow and manpower so it is a big advantage. When they put their mind to it and apply modern technology, they become new rocketships
Parth Nyati, Founder at Tradingo:
The midcap segment is experiencing a significant upswing due to several key factors. Foremost among these is the robust economic outlook in India, which is fueling investor optimism. This positive sentiment is further amplified by a substantial influx of domestic liquidity actively seeking opportunities in the market.
Notably, midcap and smallcap mutual funds are currently witnessing a surge in inflows as investors flock to these segments. Moreover, Portfolio Management Services (PMS), High Net Worth Individual (HNI) investments, and innovative products like Smallcase are all contributing to the growing momentum in the midcap and smallcap space.
The broader market currently exhibits signs of being overheated, with a limited margin of safety in the short term. This heightened risk is underscored by the fact that any negative catalyst could potentially trigger significant profit-taking. It's noteworthy that the market appears to be disregarding the adverse impact of a weak monsoon at the moment.
Furthermore, numerous stocks are trading at significantly elevated valuations compared to their historical averages. Consequently, investors would be prudent to exercise caution in the near term, as these elevated valuations could make them susceptible to market corrections.
Nevertheless, it's important to maintain a long-term perspective, as the overall outlook remains optimistic. While the short-term environment may be characterized by volatility and potential downside risks, the fundamentals supporting the market's growth potential over the long run remain intact. Therefore, strategic investors should continue to focus on their long-term investment objectives while staying vigilant in the current market conditions.
| Company | CMP | Chg(%) | Volume |
|---|---|---|---|
| Jubilant Food | 535.30 | 6.48 | 8.52m |
| Trident | 42.25 | 5.49 | 86.28m |
| Bank of India | 94.30 | 5.48 | 34.59m |
| Zee Entertain | 278.75 | 4.93 | 24.45m |
| Petronet LNG | 228.75 | 4.45 | 6.20m |
| JSW Energy | 378.70 | 4.15 | 7.49m |
| Tube Investment | 3,160.30 | 3.47 | 244.20k |
| Aurobindo Pharm | 846.25 | 3.25 | 1.51m |
| ABB India | 4,443.15 | 3.11 | 234.98k |
| Aditya Birla F | 226.15 | 2.98 | 6.84m |
Stock Market LIVE Updates | CG Power & Industrial Solutions gains 1% after huge block deal
CG Power and Industrial Solutions jumped over 1 percent after a huge block deal. Around 1.02 million shares or 0.1 percent stake of the company changed hands in a block deal, according to Bloomberg. However, details of the buyers and sellers were not known.
Stock Market LIVE Updates | Rupee falls more than 20 Paise from opening of 82.78/$, now at 83/$
Sensex Today | BSE Smallcap index up 0.6 percent supported by 3i Infotech, MMTC, Sarla Performance Fibers
| Company | CMP | Chg(%) | Volume |
|---|---|---|---|
| 3i Infotech | 40.02 | 20 | 2.09m |
| MMTC Ltd | 62.96 | 19.99 | 6.75m |
| Sarla Performan | 57.40 | 17.07 | 296.16k |
| STC India | 137.10 | 14.82 | 404.10k |
| Dish TV | 20.14 | 13.4 | 13.49m |
| Zee Media | 13.15 | 10.78 | 4.28m |
| Centrum Capital | 26.63 | 10.77 | 192.65k |
| Guj Mineral | 262.40 | 10.28 | 1.18m |
| Raymond | 2,177.00 | 10.07 | 109.01k |
| GMRP&UI | 37.66 | 9.99 | 1.78m |
Abhilash Pagaria of Nuvama Alternative & Quantitative Research:
With the revised circuit breaker expanded from 5% to 20%, Jio Financial Services has managed to trade smoothly on both Monday and today (until 1:15 pm) without hitting any limits.
Anticipating, NSE will announce the exclusion of JIOFIN from Nifty Indices by this evening (provided stock doesn’t hit limit). The adjustment is slated for tomorrow, September 06.
According to the calculations, passive funds (Nifty50) will need to offload approximately 105 million shares in the last 30 minutes on September 06.
Sensex has already excluded the stock while Global Indices - FTSE and MSCI will maintain the constituent.
Stock Market LIVE Updates | Som Distilleries approve to raise funds worth Rs 350 crore
Som Distilleries and Breweries' board approved raising of funds by issue of equity shares and/or other securities convertible into equity shares to raise funds for an aggregate consideration of up to Rs 350,00,00,000, through public and / or private offerings and / or by way of a qualified institutions placements or any combination thereof, in one or more tranches.
Sensex Today | Market at 2 PM
The Sensex was up 50.83 points or 0.08 percent at 65,678.97, and the Nifty was up 18.90 points or 0.10 percent at 19,547.70. About 1666 shares advanced, 1450 shares declined, and 110 shares unchanged.
| Company | CMP | High Low | Gain from Day's Low |
|---|---|---|---|
| MMTC Ltd | 63.00 | 63.00 53.55 | 17.65% |
| Bayer CropScien | 5,313.00 | 5,450.00 4,828.70 | 10.03% |
| Devyani | 216.85 | 218.15 198.35 | 9.33% |
| Cyient | 1,903.75 | 1,945.00 1,768.00 | 7.68% |
| Jubilant Food | 536.95 | 539.90 501.10 | 7.15% |
| Network 18 | 75.65 | 76.40 71.20 | 6.25% |
| Nazara | 894.65 | 906.00 843.85 | 6.02% |
| Tanla Platforms | 1,024.00 | 1,053.50 967.95 | 5.79% |
| HFCL | 78.65 | 79.10 74.55 | 5.5% |
| IDBI Bank | 68.95 | 71.25 65.40 | 5.43% |
| Index | CMP Chg(%) | YTD(%) 1 Week(%) | 1 Month(%) 1 Year(%) |
|---|---|---|---|
| NIFTY AUTO | 15939.75 -0.02 | 26.39 2.32 | 3.99 20.34 |
| NIFTY IT | 32383.40 0.68 | 13.14 4.92 | 6.40 16.33 |
| NIFTY PHARMA | 15212.05 1.06 | 20.75 0.60 | -0.19 21.06 |
| NIFTY FMCG | 51506.95 0.66 | 16.61 0.55 | -1.04 17.71 |
| NIFTY PSU BANK | 4673.60 0.53 | 8.22 2.89 | 5.76 54.10 |
| NIFTY METAL | 6986.80 -0.29 | 3.92 5.59 | 5.49 16.72 |
| NIFTY REALTY | 576.70 1.15 | 33.56 5.42 | 6.96 22.31 |
| NIFTY ENERGY | 26635.15 0.01 | 2.96 2.22 | 1.46 -3.26 |
| NIFTY INFRA | 6079.30 0.25 | 15.75 1.64 | 1.14 18.88 |
| NIFTY MEDIA | 2411.05 3.36 | 21.03 5.24 | 17.76 12.69 |
Stock Market LIVE Updates | Motilal Oswal Financial Services View On Raymond
-Initiate buy rating, target at Rs 2,600 per share
-Rebranding a legacy with financial discipline
-Demerger & promoter’s capital infusion are key drivers
-Multiple growth levers in place; real estate, a key focus area & growth driver
-Ethnix by Raymond is aiming to expand its wedding reach
-Expect rev, EBITDA CAGR of 11%/12% over FY23-27
-Operating leverage should drive 17% PAT CAGR with 190 bps margin improvement
| Company | CMP | Chg(%) | 3 Days Ago Price |
|---|---|---|---|
| Dolphin Offshor | 214.55 | 5546.05 | 3.80 |
| Dolphin Offshor | 214.55 | 5546.05 | 3.80 |
| Century Extr | 16.30 | 43.61 | 11.35 |
| MMTC Ltd | 62.60 | 43.09 | 43.75 |
| WS Industries | 135.65 | 29.13 | 105.05 |
| Manaksia Coated | 23.60 | 24.54 | 18.95 |
| Agarwal Float | 49.40 | 24.28 | 39.75 |
| Tirupati Forge | 10.05 | 23.31 | 8.15 |
| Precot | 229.25 | 23.29 | 185.95 |
| 3i Infotech | 40.00 | 21.95 | 32.80 |
Stock Market LIVE Updates | 3i Infotech forms strategic partnership with InsureMO
3i Infotech announced its partnership with InsureMO, a world leading Insurance Middleware Platform.
This Partnership will help 3i Infotech to expand its services offering with implementation capabilities for InsureMO platform which modernize & transform the insurance providers’ offerings without changing their core solutions.
Stock Market LIVE Updates | Yes Bank says post sale of loan portfolio to JC Flower ARC, it has no further role in settlements
On the news that JC Flowers ARC mentioned as Yes Bank's asset reconstruction arm, the private sector lender clarified that post the sale of the of identified loan portfolio to JC Flower ARC in December 2022, it has no further role in settlements or negotiations being undertaken by JC Flower ARC. Bank's association with the JC Flower ARC is limited only to the extent of its current shareholding of 9.9%.
Sensex Today | Nifty Information Technology index up 0.6 percent led by Coforge, L&T Technology Services, Persistent Systems
| Company | CMP | Chg(%) | Volume |
|---|---|---|---|
| COFORGE LTD. | 5,610.00 | 2.2 | 438.61k |
| Persistent | 5,905.00 | 2.12 | 417.27k |
| L&T Technology | 4,613.80 | 2.05 | 213.16k |
| MphasiS | 2,542.90 | 2.03 | 564.62k |
| LTIMindtree | 5,445.85 | 1.49 | 413.76k |
| Infosys | 1,477.10 | 0.82 | 2.64m |
| TCS | 3,429.05 | 0.31 | 1.01m |
| HCL Tech | 1,233.35 | 0.07 | 1.76m |
Stock Market LIVE Updates | Hero MotoCorp to invest up to Rs 550 crore in Ather Energy via Rights issue
Hero MotoCorp has received approval from the board of directors for investment of up to Rs 550 in the Rights issue of associate company Ather Energy. Post the investment, its shareholding in Ather will increase. Currently, Hero holds 33.1% shareholding in Ather.
Sensex Today | BSE Healthcare index up 0.7 percent led by Shalby, Take Solutions, Caplin Labs
| Company | CMP | Chg(%) | Volume |
|---|---|---|---|
| Shalby | 252.15 | 6.08 | 130.46k |
| Take Solutions | 23.76 | 4.35 | 67.29k |
| Caplin Labs | 1,105.95 | 3.33 | 6.10k |
| Glenmark Life | 645.55 | 3.3 | 20.64k |
| Max Healthcare | 592.70 | 3.18 | 11.91k |
| Sun Pharma Adv | 257.05 | 3.07 | 107.07k |
| Apollo Hospital | 4,969.30 | 3.03 | 10.95k |
| Neuland Lab | 3,726.05 | 2.81 | 1.11k |
| Nectar Life | 27.59 | 2.6 | 211.54k |
| Aster DM Health | 337.75 | 2.1 | 27.93k |
Stock Market LIVE Updates | Cipla Medpro South Africa to acquire Actor Pharma for $48.6 million
Cipla's subsidiary Cipla South Africa has signed a binding term sheet with Actor Holdings (Pty) to acquire 100% stake in Actor, which is going to strengthen its over-the-counter product portfolio. Founded in 2009, Actor is the 5th largest OTC player in the South African private market. The transaction is expected to be completed within 4 months from the date of signing of the share purchase agreement.
Sensex Today | Market at 1 PM
The Sensex was up 77.64 points or 0.12 percent at 65,705.78, and the Nifty was up 22.80 points or 0.12 percent at 19,551.60. About 1705 shares advanced, 1400 shares declined, and 101 shares unchanged.
| Company | CMP | Chg(%) | Volume |
|---|---|---|---|
| Apollo Hospital | 4,967.95 | 2.97 | 610.39k |
| LTIMindtree | 5,440.70 | 1.4 | 401.44k |
| Bajaj Auto | 4,698.65 | 1.33 | 195.08k |
| Titan Company | 3,139.35 | 1.26 | 458.87k |
| BPCL | 349.00 | 1.25 | 2.61m |
| Nestle | 21,966.45 | 1.05 | 32.82k |
| Adani Enterpris | 2,494.55 | 0.97 | 4.17m |
| Sun Pharma | 1,117.95 | 0.82 | 535.65k |
| Bajaj Finance | 7,324.90 | 0.75 | 540.33k |
| Infosys | 1,476.10 | 0.75 | 2.45m |
| Company | CMP | Chg(%) | Volume |
|---|---|---|---|
| Dr Reddys Labs | 5,585.00 | -1.32 | 202.48k |
| NTPC | 232.75 | -1.29 | 8.65m |
| Tata Steel | 130.20 | -1.18 | 22.09m |
| SBI Life Insura | 1,313.70 | -1.1 | 602.01k |
| UltraTechCement | 8,488.25 | -1.1 | 108.48k |
| Hindalco | 481.60 | -1.04 | 2.81m |
| Power Grid Corp | 253.75 | -0.65 | 5.90m |
| Maruti Suzuki | 10,299.20 | -0.61 | 276.12k |
| SBI | 572.50 | -0.53 | 7.94m |
| HDFC Bank | 1,576.40 | -0.51 | 10.47m |
Stock Market LIVE Updates | IEX surges as total electricity volume jumps 21% in August
Shares of Indian Energy Exchange soared 3.5 percent in early trade on September 5 as the company recorded strong growth in total electricity volumes over the month of August.
The company saw a 21 percent on year jump in total electricity volumes to 8,469 million units in August. The month under review experienced the lowest monthly rainfall since 1901, resulting in hot weather conditions that led to a surge in electricity demand, the company stated in an exchange filing.
Moreover, energy demand reached an all-time peak of 236 GW on August 31 along with the highest-ever single day energy consumption of 5,126 million units. Read More
Stock Market LIVE Updates | Acacia Partners offloads stake in NRB Bearings, stock gains
Shares of NRB Bearings were trading nearly 6 percent higher on the NSE at open on September 5, a day after Foreign portfolio investor Acacia Partners LP sold its stake in the company.
On September 5, Foreign portfolio investor Acacia Partners LP offloaded shares worth Rs 16.35 lakh or 1.68% stake in NRB Bearings at an average price of Rs 269 per share. In June 2023, Acacia Partners LP held a 2.13% stake in the company. Read More
Sensex Today | China to launch new $40 billion state fund to boost chip industry, sources say
China is set to launch a new state-backed investment fund that aims to raise about $40 billion for its semiconductor sector, two people familiar with the matter said, as the country ramps up efforts to catch up with the U.S. and other rivals.
It is likely to be the biggest of three funds launched by the China Integrated Circuit Industry Investment Fund, also known as the Big Fund.
Its target of 300 billion yuan ($41 billion) outdoes similar funds in 2014 and 2019, which according to government reports, raised 138.7 billion yuan and 200 billion yuan respectively. Read More
Stock Market LIVE Updates | Tata Motors to issue 4.55 lakh equity shares to eligible employees via ESOPs at Rs 345 per share
Tata Motors has received approval from the Allotment Committee, for allotment of 4,55,218 ordinary shares to the eligible employees pursuant to exercise of stock options at an exercise price of Rs 345 per share. Post the allotment, the paid-up ordinary share capital of the company stands increased from Rs 664.42 crore to Rs 664.51 crore.
| Company | CMP Chg(%) | Volume | Value(Rs cr) |
|---|---|---|---|
| IRFC | 72.70 9 | 376.52m | 2,726.78 |
| HDFC Bank | 1,575.95 -0.54 | 9.05m | 1,428.41 |
| Adani Enterpris | 2,493.90 0.94 | 3.65m | 907.75 |
| Rail Vikas | 157.75 2.17 | 55.58m | 883.81 |
| MMTC Ltd | 63.00 20 | 106.18m | 643.12 |
| ICICI Bank | 963.80 -0.37 | 6.67m | 643.82 |
| Reliance | 2,422.30 0.48 | 2.49m | 602.86 |
| Zee Entertain | 276.45 4.07 | 19.37m | 537.32 |
| Raymond | 2,190.85 10.78 | 2.27m | 495.55 |
| BHEL | 139.40 0.47 | 32.62m | 459.64 |
Stock Market LIVE Updates | Ramco Cements commissions 3 MW of waste heat recovery system at Kolimigundla plant
Ramco Cements has commissioned the balance capacity of 3 MW of waste heat recovery system out of 12 MW capacity, at Kolimigundla plant. With this, total operating capacity of waste heat recovery system for the company has increased to 43 MW.
Stock Market LIVE Updates | Gali Seshavataram resigns as CFO of Hindustan Bio Sciences
Gali Seshavataram has resigned as Chief Financial Officer (CFO) of Hindustan Bio Sciences with effect from August 30.
Sensex Today | BSE Midcap index rose 1 percent supported by IDBI Bank, Bayer CropScience, Jubilant FoodWorks
| Company | CMP | Chg(%) | Volume |
|---|---|---|---|
| IDBI Bank | 69.81 | 7.47 | 4.22m |
| Bayer CropScien | 5,190.00 | 7.3 | 7.12k |
| Jubilant Food | 532.05 | 5.89 | 78.60k |
| Zee Entertain | 277.15 | 4.41 | 731.99k |
| Petronet LNG | 227.45 | 3.88 | 141.26k |
| Nuvoco Vistas | 369.05 | 3.62 | 62.91k |
| Aditya Birla F | 227.05 | 3.44 | 148.56k |
| Bank of India | 92.40 | 3.4 | 1.39m |
| Tube Investment | 3,156.00 | 3.36 | 3.24k |
| Castrol | 148.25 | 3.35 | 250.69k |
Stock Market LIVE Updates | Jyoti Structures bags order worth Rs 260.9 crore from Apraava Energy
Jyoti Structures Limited has received a LoA (Letter of Award) from Apraava Energy Private Limited for turnkey supply and construction of 400 KV Double Circuit transmission line in Rajasthan. The contract is valued at Rs 260.85 crores (including GST) & is to be executed by November 2024.
Stock Market LIVE Updates | Satia Industries bags multiple orders worth Rs 96.5 crore
Satia Industries bagged major contracts for supply of paper for printing textbooks from Orissa, Himachal Pradesh and West Bengal for totals valuing Rs 96.50 crores for immediate execution.
