Page 47 - Prashanth Tapse News Today

Analysts expect the ASK Automotive stock to open somewhere between Rs 310-315 against the IPO price of Rs 282

Cello World operates in a rapidly growing consumer segment and has better financial ratios than its rivals. While a smaller market share for writing instruments is a challenge for the company, having a diversified portfolio and protecting margins can help it continue the outperformance.

If the Nifty50 decisively holds 19,500 as well as moved above the falling resistance trendline, then the index can start marching towards the high of October at 19,850

Protean eGov Technologies stock opened at the IPO price of Rs 792 on BSE but later jumped 5% to Rs 831.8

Options data indicated that 19,500 is expected to be crucial for march towards 19,600-19,800 levels, with support at 19,400 & 19,300 levels.

On the festive eve, bulls pushed the BSE Sensex 355 points, or 0.55 per cent higher, to 65,259.45. NSE's Nifty50 gained 100.20 points, or 0.52 per cent, to end the Muhurat trading session at 19,525.55.

Protean eGov Technologies IPO | At the upper end of the price band of Rs 752-792 per share, it is valued at a PE (price-to-earnings ratio) of 29.9 times its FY23 numbers and the market capitalisation is Rs 3,203 crore.

Muhurat trading window of one-hour cheers investors as Nifty 50 index gained 0.52 per cent Sensex closed at 0.55 per cent gains, , stock market, nifty, sensex, muhurat trading, quarterly results, retail investors, diwali, Intraday, samvat year, glenmark pharma, CDSL, profits

Titan, Mahindra & Mahindra, IndusInd Bank, Asian Paints, Tata Steel, Maruti, Tata Motors and Nestle were the major laggards

(This story has not been edited by THE WEEK and is auto-generated from a PTI