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Indices retreat after hitting record high - Vimarsana News

Indices retreat after hitting record high

Key benchmark indices are trading near flat line amid volatility after scaling record high in early trade. At 9:25 IST, the barometer index, the S&P BSE Sensex, was up 6.57 points or 0.01% at 48,444.35. The Nifty 50 index was down 2.55 points or 0.02% at 14,196.95. The S&P BSE Mid-Cap index was up 0.29%. The S&P BSE Small-Cap index was up 0.48%. The market breadth, indicating the overall health of the market, is strong. On the BSE, 1469 shares rose and 686 shares fell. A total of 98 shares were unchanged. The Union Budget for 2021-2022 will be presented on February 1 and President Ram Nath ...

Tips Industries surges 16%, nears record high on film biz demerger plan - Vimarsana News

Tips Industries surges 16%, nears record high on film biz demerger plan

Shares of Tips Industries hit a 20-year high of Rs 368, after rallying 16 per cent on the BSE on Friday after the company announced demerger plan of its film business. The stock of the movie & entertainment company was trading at its highest level since December 2000. It hit a record high of Rs 425.95 on December 13, 2000, data shows. At 10:11 am, Tips Industries was trading 12 per cent higher at Rs 355, as compared to 0.35 per cent rise in the S&P BSE Sensex. A combined 217,000 equity shares were changing hands on the counter on the NSE and BSE. “A meeting of the board of directors of t...

Auto stocks, Antony Waste, M&M, IDBI Bank in focus | Business Standard News - Vimarsana News

Auto stocks, Antony Waste, M&M, IDBI Bank in focus | Business Standard News

Auto stocks will remain in focus today as companies from auto sector are scheduled to release auto sales figures for December 2020. Shares of Antony Waste Handling Cell will debut on the bourses today, 1 January 2021. The issue price was fixed at Rs 315 per share. Mahindra & Mahindra and Ford Motor Company have mutually, amicably determined they will not complete a previously announced automotive joint venture between their companies. IDBI Bank has completed sale transaction of its 23% stake to Ageas Insurance International JV on 31 December 2020 pursuant to receipt of the requisite regulator...

Trade Setup For Friday: Top 15 Things To Know Before Opening Bell - Vimarsana News

Trade Setup For Friday: Top 15 Things To Know Before Opening Bell

Trade setup for Friday: Top 15 things to know before Opening Bell Technically, while the short-term uptrend is intact, markets are showing signs of tiredness as selling pressure is emerging from the highs, said Subash Gangadharan of HDFC Securities. Sunil Shankar Matkar December 31, 2020 / 09:19 PM IST The market failed to hold on to the 14,000 mark and closed the volatile session on a flat note on December 31, the expiry day for December futures and options contracts, but gained 15 percent for the year 2020. The BSE Sensex rose 5.11 points to 4...

Nifty, Sensex continues to rise – Monday closing report - Vimarsana News

Nifty, Sensex continues to rise – Monday closing report

Nifty, Sensex continues to rise – Monday closing report Moneylife Digital Team / IANS  0 We had mentioned in previous week’s closing report that Nifty, Sensex were trending higher. On Monday, the major indices continued to climb higher. On the NSE, there were 1,357 advances, 549 declines and 341 unchanged.   The trends of the major indices in the course of Monday’s trading are given in the table below:     DLF plans to acquire 51.8% stake in Fairleaf, a joint venture company. DLF Cyber City Developers holds a 48.2% stake in Fairleaf Real Estate Private Limited.    Reliance Indust...