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On Monday, 1855 stocks advanced, 2133 declined and 96 remained unchanged, with an advance decline ratio of 0.86 on the Bombay Stock Exchange (BSE), indicating positive closing of stocks in broader markets.
As the curtains draw on the trading year, the market experienced mild profit booking on the final trading day. However, the prevailing optimism is anticipated to spill over into the new year, buoyed by the excitement surrounding rate cuts and the decline in bond yields.
Nifty 50 index closes 0.22 per cent lower at 21,731, whereas the Sensex settles 0.24 per cent lower at 72,237 levels, , stock market, nifty, sensex, national stock exchange, tata motors, Innova Captab, Power Mech Projects, Tata Consumer Products, bajaj auto, retail investors, Intraday
Geojit recommended accumulate rating on Power Mech Projects with a target price of Rs 4750 in its research report dated November 28, 2023.
Power Mech Projects' revenue from operations grew by 20.9 percent YoY to Rs 932.5 crore in Q2 FY24