Unimech Aerospace said it is exploring opportunities in the nuclear power space as well as in semiconductors, along with plans to participate in domestic defence programmes.
The small and midcap stocks also mirrored weak trends with losses of 0.2 and 0.4 percent, respectively. The two have remained more resilient, falling just 5 percent in the last three months against Nifty's 9 percent decline.
Incred anticipates a robust recovery for the shrimp industry in CY2025, driven by rebounding global demand and reduced competition from Ecuador, where overproduction has led to industry consolidation.
Sharekhan is bullish on ITC has recommended buy rating on the stock with a target price of Rs 595 in its research report dated December 30, 2024.
Zinka Logistics stock has already surged over 100 percent since its market debut last month, which, according to Morgan Stanley, makes it less attractive at current levels.
All six large-cap IT majors fell between 1-3 percent, while mid-cap players like Coforge, L&T Tech, Mphasis, and Persistent Systems saw declines of 1-4 percent.
Anand Rathi, has come out with its report on Indo Farm Equipment Ltd. The research firm has recommended to “ Subscribe” the ipo in its research report as on December 30 2024.
Adani Wilmar shares are lower by 17% in 2024. JPMorgan's note has ascribed an Underweight with a target of Rs 320 per share, adding that the company has significant sourcing, supply chain and scale advantages.
According to Geojit Financial Services, The water level in 155 key reservoirs in the country fell to 135.404 billion cubic metres as of Thursday from 139.392 billion cubic metres on Dec.
The land has been sold to a prominent South Indian healthcare and educational group; strategically located on GST Road that renders high value to the property
In today's session, the IT index was the worst performer with losses of a massive 3 percent. A sharp downturn in Infosys, TCS, and HCL Tech dragged the index lower.
Improvement in Dominos same-store sales growth and scale-up of Popeyes franchise remain key growth triggers
Strong backward integration helps the company sustain high EBITDA margin
Moneycontrol had exclusively reported Pitti’s plan to divest his remaining 14 percent stake in Easy Trip Planners, aiming to raise around Rs 780 crore through the sale.
Benchmark indices Sensex and Nifty fell over 1 percent from day's highs and settled lower in the last session. On this final day of 2024, Nifty has already gained over 8 percent and is poised to end this year on a positive note, marking ninth consecutive year of good returns. Broader indices, on the other hand, have outperformed benchmarks this year. Today, the Street is eyeing Nifty's resistance at 23,900, with support placed around 23,500. This morning, global cues were mixed. US markets ended lower overnight, with headline indices down 1 percent each. Asia-Pacific markets also traded mixed this morning as investors digested China's manufacturing data. Among stocks in focus, watch out for ITC, Hindalco, and RVNL. Catch Lovisha Darad in conversation with Aamar Deo Singh, Senior Vice President, Angel One and Kunal Valia, Founder, StatLane.
Wall Street ended in the negative territory overnight while most Asian markets remained closed today. Trends from the GIFT Nifty suggest a gap-down start for the domestic market on the last trading day of 2024.
While the Nifty clocked in nearly 9 percent in 2024, the Sensex followed close with its 8 percent upmove. The broader market--housing the small and midcaps, outperformed yet again. The Nifty Smallcap 100 and Nifty Midcap 100 indices surged over 20 percent each.
Benchmark indices are expected to remain under bearish control as long as they trade below all key moving averages. Below are some trading ideas for the near term.
Stocks To Watch Today, Dec 31: Stocks like Rail Vikas Nigam, CESC, Dhanlaxmi Bank, Jubilant Ingrevia, Adani Green Energy, Archean Chemical Industries, Century Enka, Bank of India, Prataap Snacks, Power Grid Corporation of India, SBI Life Insurance Company, and GMR Airports Infrastructure will also be in focus on December 31.
Arti Kothari acquired 20.89 lakh shares or a 7 percent stake in Kothari Products for Rs 195.3 per share, while promoter group Dham Securities Private offloaded the same number of shares at the same price
Lupin had been marketing Huminsulin through an existing agreement with Lilly India before proceeding to acquire the brand. Huminsulin is used in the treatment of Type 1 and Type 2 diabetes mellitus.
The project involves construction of AIP-Plug and its integration, and will enhance the endurance of conventional submarines, contributing towards 'Aatmanirbhar Bharat'.
Adani Enterprises is selling a total of 44% stake in the JV, and Wilmar International will acquire up to 31% in it. Adani’s nominee directors will be stepping down from the board and shareholders will be changing the name of the company.
Sensex, Nifty fall over 1% in a choppy session. Bank Nifty falls over 2% from day's high. Midcaps outperform, smallcaps bleed. Auto, metal, realty stocks top underperformers. Nifty IT, pharma indices buck trend. India VIX jumps over 6% to 14 level. Join Lovisha Darad and Yatin Mota as they discuss stocks on their radar.
Shares have gained over 60 percent in 2024, despite a recent correction from its peak of Rs 86
