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Stock Market Live Updates: Nifty futures signal cautious market mood amidst high-interest rate concerns

Stock Market Live Updates: Nifty futures signal cautious market mood amidst high-interest rate concerns
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52-week low: Stock market update: 34 stocks hit 52-week lows on NSE


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NEW DELHI: Around 34 stocks fell to touch their 52-week lows on NSE in Monday s session.
Among the stocks that touched their 52-week low on NSE were: Asian Hotels (West), AKG Exim, Deep Energy Resources, Generic Engineering, GFL, Global Vectra Helicorp, Khaitan (India), Sharda Motor, Spencer s Retail, Suvidhaa Infoserve, Taj GVK Hotels and Zodiac Clothing.
Domestic benchmark index NSE Nifty was trading 329.45 points down at 14288.4, while the BSE Sensex was trading 1127.33 points down at 47704.70.
On the other hand, Linde India, CAMS, Cipla, Cadila Healthcare and Wipro stocks hit their fresh 52-week high today.
In the Nifty 50 index, Cipla, Dr. Reddy s, Britannia, Infosys and Divi s Labs were among the top gainers on the NSE. However, Axis Bank, Kotak Bank, Bajaj Finance, ICICI Bank and SBI were among the top losers. ....

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Generic Engineering Construction and Projects Limited now listed on NSE; aims to double turnover and PAT


Mumbai (Maharashtra) [India], February 18 (ANI/NewsVoir): BSE and NSE listed Construction giant, Generic Engineering Construction and Projects Ltd. (539407), w.e.f. 16th February 2021 amidst a select gathering got listed on The National Stock Exchange (NSE) with bell ringing ceremony.
Listing on NSE will benefit the company as it will lead to increased liquidity and trade volumes. . The company has recently bagged new work orders from various institutional projects and various leading international and Indian Corporates. With receipt of above, the total current outstanding order book as on December 2020 stands at Rs 1166.41 Crore.
The company s credit rating was upgraded from BBB-Stable to BBB Stable by Care Ratings and is sustained maintaining the same in this difficult COVID-19 phase. ....

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