MARKET OVERVIEW :
Currency Market Overview March 13, 2024
Stock Market LIVE Updates | Nifty 50 slips below 22,300, led by NTPC, Power Grid
Stock Market LIVE Updates | Indian benchmark indices Nifty 50 and Sensex are currently trading with losses. ITC, Aurobindo Pharma, Hindustan Construction Company, Muthoot Capital, ICICI Prudential, Vedanta, Shalby, Signature Global are among the stocks in focus today.
Thank you for reading this post, don't forget to subscribe!Stock Market LIVE Updates | JSW Steel Recovers From Lows
Stock Market LIVE Updates | L&T Bags ‘Significant’ Construction Order From AIIMS Madurai
Larsen & Toubro on Wednesday, March 13 said its buildings and factories vertical has bagged a ‘significant’ order from the All-India Institute of Medical Sciences (AIIMS) Madurai, in Tamil Nadu.
The order is under the ministry of health and family welfare’s PMSSY division.
Stock Market LIVE Updates | Mutual Funds Exit PSUs Like SJVN, IRCON In February, Increase Stake In PFC, IRCTC
India’s Mutual Funds exited their positions in five state-run companies like SJVN Ltd. Bank of Baroda Ltd., SAIL Ltd., RITES Ltd. and IRCON International Ltd., according to a note by Nuvama Alternative & Quantitative Research.
Additionally, some funds also pared their existing positions in PSUs like NHPC, Oil India and NALCO.
Stock Market LIVE Updates | Metal Stocks Under Pressure, Led By Welspun Corp, National Aluminium, Adani Ent
The Nifty Metal index is the top loser among sectoral indices, down 2.07%.
Barring APL Apollo Tubes, the remaining 14 stocks in the Nifty Metal index are in the red.
Stock Market LIVE Updates | PSE Components Trading In The Red, NHPC, HAL, Power Grid Down Up To 5% Each
Stock Market LIVE Updates | Broader Market Fall Resumes, Nifty Smallcap Hits Lowest Intra-Day Level Since December 2023
Stock Market LIVE Updates | JG Chemicals Shares Disappoint At D-St Debut, Stock Lists At 5.43% Discount On Bourses
The shares of Kolkata-based Zinc Oxide manufacturer JG Chemicals made a disappointing debut at Dalal Street on Wednesday (March 13) as the stock was listed at ₹209, a discount of 5.43%, over its issue price of ₹221 apiece on the NSE. Similarly, the stock kicked-off its maiden trading session at BSE with a discount of 4.5% at ₹211 over the same issue price.
Ahead of its debut, shares of JG Chemicals were trading at a premium of ₹28 in the grey market, suggesting a listing gain of 12.67% against its issue price of ₹221 apiece.
Shares of IIFL Finance surged about 3% during the early trading session on Wednesday ahead of its meeting of the board of directors on Wednesday, March 13, to consider raising of funds. The non-banking finance company attempts to shore up capital days after the Reserve Bank of India (RBI) barred it from offering gold loans.
The company’s board will consider raising funds through the issuance of a range of securities, including equity shares or convertible bonds or debentures or warrants, by way of rights issue, private placement, preferential issue or any other methods, it had said in an exchange filing earlier