Stock Market Live Updates 11 March 2024: Sensex and Nifty substitute flat amid mixed global cues, eyes on FPI traits

Updated – March 11, 2024 at 04:49 PM.

Sensex, Nifty updates on 11 March 2024: India’s fairness benchmarks BSE Sensex and NSE Nifty closed in crimson on Monday. Whereas the Sensex closed at 73,502.64, down 616.75 capabilities, or 0.83%, the broader Nifty ended at 22,332.65, down 160.90 capabilities, or 0.72%. Of the 4,081 stocks traded on BSE, 925 stocks developed, 3,039 declined, and 117 remained unchanged, expose provisional recordsdata. Whereas 193 stocks hit 52-week high, 105 hit 52-week low. Except for the healthcare, the total sectoral indices grasp declined, with BSE Telecommunication main the losses with a 2.40% drop.

tock Market| Portion Market Updates – Gain right here the total updates connected to Sensex, Nifty, BSE, NSE, portion prices and Indian stock markets for 11 March 2024.

• March 11, 2024 16:22
  

  Stock market dwell recordsdata: Here’s what Vinod Nair, Head of Study, Geojit Monetary Companies and products, on market traits
  

  “Persisted selloff in global markets attributable to uncertainty over payment cuts impacted the domestic market sentiment, which is for the time being at an overbought level. The stronger than expected US nonfarm payroll recordsdata and caution before the begin of US inflation recordsdata the next day saved buyers on the brink. 

  “The broader market persevered its underperformance attributable to valuation concerns, whereas buyers are rebalancing their portfolios to encompass safe haven resources love gold.”

• March 11, 2024 16:21
  

  Closing Bell: Stock markets snap two-day winning shuffle on frail global traits
  

  Stock market benchmark Sensex declined by 616.75 capabilities on Monday, snapping its two-day gaining wander attributable to promoting in steel and banking shares amid frail traits in the worldwide markets.

  Taking a breather after a file-breaking rally, the 30-portion BSE Sensex declined by 616.75 capabilities or 0.83 per cent to establish at 73,502.64 attributable to study taking. At some stage in the day, the barometer tanked 685.forty eight capabilities to 73,433.91.

  The broader Nifty slumped by 160.90 capabilities or 0.72 per cent to shut at 22,332.65.

• March 11, 2024 16:19
  

  Commodities market dwell updates: Aluminium futures fall on low quiz
  

  Aluminium prices on Monday declined by 0.17 per cent to ₹202.20 per kilogram in the futures market as contributors trimmed their positions on a frail pattern in the set market.

  On the Multi Commodity Exchange, aluminium for provide in March fell 35 paise or 0.17 per cent to ₹202.20 per kg in 4,380 heaps.

  Analysts said cutting down of positions by contributors on easing quiz from ingesting industries mainly saved aluminium prices decrease.

• March 11, 2024 16:18
  

  Commodities market: Guar seed futures establish on set quiz
  

  Guar seed prices on Monday rose ₹72 to ₹5,166 per 10 quintals in futures substitute after speculators widened their positions following a firm pattern in the set market.

  On the Nationwide Commodity and Derivatives Exchange, guar seed contracts for March provide rose ₹72 or 1.39 per cent to ₹5,166 per 10 quintals with an begin passion of 25,825 heaps.

  In step with marketmen, speculators raised bets, tracking a firm pattern in the set market and skinny provides from increasing belts mainly resulted in the upward push in guar seed prices.

• March 11, 2024 16:17
  

  Stock market dwell updates: Here’s what Shrikant Chouhan, Head Equity Study, Kotak Securities, said on market traits
  

  “This day, the benchmark indices witnessed profit reserving at elevated phases, the Nifty ends 161 capabilities decrease whereas the Sensex modified into as soon as down by 617 capabilities. Amongst Sectors, Media index shed over 3 percent whereas some purchasing passion had been seen in selective Pharma and Healthcare stocks. Technically, after a muted opening the market repeatedly witnessed promoting strain at elevated phases. On on day by day foundation charts, the index has fashioned bearish candle, which signifies non everlasting weak point is at risk of continue in the attain future. 

  “Then again, the short-term texture of market is peaceful in to the sure aspect. We’re of the stare that, as long because the market is trading below 22425/73800 the frail sentiment is at risk of continue. Below which, the market would perhaps per chance trip till 22250-22000/73200-73000. On the flip aspect, technical pullback that you just more than possible can take into accout handiest after dismissal of 22425/73800. Above 22425/73800, the market would perhaps per chance retest the extent of 22500-22525/74000-74200. Contra traders can rob long guess attain 22000/73000 with strict 35/100 capabilities discontinuance loss.”

• March 11, 2024 16:15
  

  Commodities Market dwell recordsdata: Rupee falls 8 paise to establish at 82.75 in opposition to US dollar
  

  The rupee declined by 8 paise to establish at 82.75 (provisional) in opposition to the US dollar on Monday, tracking bearish fairness markets.

  Foreign places substitute analysts said weak point in the US dollar and a decline in indecent oil prices cushioned the downside.

  On the interbank foreign substitute market, the native unit opened at 82.74 and touched the intra-day low of 82.76 in opposition to the dollar. The native unit in the end settled at 82.75 (provisional) in opposition to the dollar, registering a loss of 8 paise from its earlier shut.

• March 11, 2024 15:38
  

  Commodities Market Live This day: Silver futures upward push on set quiz
  

  Silver prices on Monday rose ₹38 to ₹74,300 per kilogram in futures substitute as contributors widened their bets on a firm set quiz.

  Analysts said the upward push in silver prices modified into as soon as mainly attributable to novel positions built up by contributors on a definite domestic pattern.

  Globally, silver modified into as soon as trading 0.08 per cent decrease at $24.Fifty three per ounce in Recent York.

• March 11, 2024 15:34
  

  Stock Market Live This day: AstraZeneca Pharma and Mankind Pharma partner for Symbicort distribution
  

  AstraZeneca Pharma India Ltd and Mankind Pharma Ltd has entered into an settlement for distribution of AstraZeneca’s budesonide and formoterol fumarate dihydrate (inhaled corticosteroid (ICS) and long-acting beta-aganist (LABA) combination) designate Symbicort in India.

• March 11, 2024 15:27
  

  Stock Market Live This day: Genpharmasec Ltd has obtained 70% stake in Derren Healthcare
  

• March 11, 2024 15:09
  

  Stock Market Live This day: Fundamental gainers, losers at 3 pm
  

  Fundamental gainers on the NSE at 3 pm:

  Apollo Hospitals (2.58%), Nestle India (2.18%), Cipla (1.57%), Bajaj Finserv (1.forty five%), SBI Life (1.44%)

  Fundamental losers:

  Tata Shoppers (-3.04%), Bajaj Auto (-2.27%), Vitality Grid (-2.24%), Tata Metal (-2.16%), SBI (-1.78%)

• March 11, 2024 15:09
  

  Sensex This day: BSE: 967 stocks attain, 2,968 decline, 129 unchanged
  

  Stocks developed on BSE at 3 pm on March 11, 2024, had been 967 in opposition to 2,968 stocks that declined; 129 stocks live unchanged. Total stocks traded had been 4,064. The selection of stocks that recorded a 52-week high modified into as soon as 189, and of us that hit a 52-week low modified into as soon as 91.

• March 11, 2024 15:08
  

  Stock Market Live This day: We Accumulate secures ₹8.28 crore mission for Punjab Voice Helpline Call Centre
  

  We Accumulate has bought work teach for setting up, operations and administration of teach-of the art Call Center for Voice Helpline in the Voice of Punjab. The three-three hundred and sixty five days mission is valued at ₹8.28 crore.

  We Accumulate stock declined by 2.85% on the NSE, trading at ₹75.70.

• March 11, 2024 15:07
  

  Stock Market Live This day: Venus Cures Ltd Receives UNICEF Approval, Stock Up 2.49%
  

  Venus Cures Ltd has secured a first payment manufacturing practices approval from the UNICEF. 

  Stock rose 2.49% on the BSE, trading at ₹342.05.

• March 11, 2024 15:06
  

  Stock Market Live This day: EaseMyTrip.com signs MoU with Ministry for Girls’s Skill Pattern
  

  EaseMyTrip.com has signed an MoU with the Ministry of Rural Pattern to notify Deendayal Antyodaya Yojana- Nationwide Rural Livelihoods Mission (DAY-NRLM)‘s Girls’s Self Relieve Teams (SHGs) members below the Lakhpati Didi Yojana to focal level on women folk-led skill pattern.

  Ease Proceed back and forth Planners stock has declined by 1.06% on the NSE, trading at ₹46.85

• March 11, 2024 15:05
  

  Stock Market Live This day: TVS Motors declares ₹8 per portion interim dividend, stock up 0.63%
  

  TVS Motors board has declared an interim dividend of ₹8 per portion for the monetary three hundred and sixty five days ending March 31, 2024.

  TVS Motors stock inches up by 0.63% on the NSE, trading at ₹2,274.

• March 11, 2024 14:42
  

  Stock Market Live This day: Granules India Appoints Atul Dhavle as CHRO
  

  Granuels India has appointed Atul Dhavle as Chief Human Resources Officer (CHRO) of the company with enact from on the present time.

• March 11, 2024 14:36
  

  Stock Market Live This day: PSP Projects secures novel orders rate ₹410.06 crore; stock trades frail
  

  PSP Projects has informed the substitute that the company is in receipt of most up-to-date orders rate ₹410.06 crore.

  The contract for constructing of fintech constructing for Gujrat World Finance Tec-Metropolis Company Shrimp at GIFT Metropolis, Gandhinagar, rate ₹333.06 crore is to be finished within a duration of 36 months. 

  PSP Projects stock trades at ₹646.90 on the NSE, down by 2.81%.

• March 11, 2024 14:24
  

  Stock Market Live This day: Solar Industries India baggage ₹455 crore defence export orders; stock jumps 2%.
  

  Solar Industries India Shrimp has bought export orders rate ₹455 crore for provide of merchandise over subsequent 2 years to be used in defence merchandise. 

  Stock rises 2% on the NSE to substitute at ₹7,663.20.

• March 11, 2024 14:00
  

  Stock Market Live This day: Axis My India appoints Prateek Dubey as COO
  

  Axis My India, India’s most predominant shopper intelligence company has appointed Mr. Prateek Dubey as its Chief Working Officer (COO), efficient 1st February 2024. Below a elephantine-time secondment from Google India, Mr. Dubey will play an instrumental role in spearheading and atmosphere in motion the company’s obligatory strategic initiative, a revolutionary Folks Empowerment Platform (PEP) – ‘a’ App and its pan-India rollout advertising campaign.

• March 11, 2024 13:59
  

  Stock Market Live This day: Retina Paints appoints Suda Vishnu Varshan as CFO
  

• March 11, 2024 13:forty five
  

  Stock Market Live This day: Navi Mutual Fund launches IT Index Fund NFO, tracking Nifty IT Index
  

  Navi Mutual Fund has launched IT Index Fund novel fund provide which is prepared to shut for subscription on March 22.

  The begin-ended index arrangement will music the Nifty IT Index which involves high IT companies in step with their free drift market capitalization listed on the Nationwide Stock Exchange.

  Patrons can rob half in the novel fund with a starting quantity of apt Rs 10.

• March 11, 2024 13:forty five
  

  Stock Market Live This day: Mamaearth enters non-public wash class, specializing in safe, toxin-free merchandise
  

  Mamaearth has introduced its entry into the non-public wash class. The logo’s growth into this section marks a big milestone in its mission to invent safe, efficient, and toxin-free goodness for buyers all the blueprint via the nation.

  The non-public care substitute has seen rampant advancements with intensive examine and pattern over the years. Then again, judicious one of basically the most attention-grabbing classes of non-public care being non-public wash has seen rather stagnant innovation these days. The market remains to be dominated by merchandise containing chemical compounds and synthetic substances falling majorly below Grade 2 & 3 segments, with very miniature Grade 1 alternatives.

• March 11, 2024 13:36
  

  Stock market dwell updates: HSCC (India) Ltd, a unconditionally-owned arm of NBCC, gets contracts of ₹367.92 crore from Vitality Grid Corporation, NBCC stock declines on NSE
  

  HSCC (India) Ltd, a unconditionally-owned subsidiary of NBCC, has bought multiple contracts totalling as much as ₹367.92 crore pertaining to Clinical, Education & Ayush in Maharashtra, and three contracts from Vitality Grid Corporation of India.

  NBCC stock declined by 3.77% on the NSE, trading at ₹122.50.

• March 11, 2024 13:20
  

  Stock market dwell updates on the present time: Zinc: Proceed long on a break above ₹222
  

  Zinc stamp has moved up properly last week. The Zinc Futures contract on the Multi Commodity Exchange (MCX) rose over 3 per cent last week. The contract is for the time being trading at ₹221 per kg. Be taught extra

• March 11, 2024 13:12
  

  Stock market updates on the present time: REC stock rises 1.92% on the NSE, after signing an MoU with Rajasthan to invent monetary resources to Govt undertakings
  

  REC stock rises 1.92% on the NSE, trading at ₹482, after signing an MoU with Rajasthan to invent monetary resources to Govt undertakings for the attain of the infrastructure sector of the teach. The company will provide loans of ₹20,000 crore yearly to varied departments, undertakings, establishments and schemes of the teach government.

• March 11, 2024 13:10
  

  Stock market updates on the present time: Agarwal Fortune India appoints Ankit Gupta as CFO efficient on the present time following resignation of Amit Kumar Agarwal from the post
  

• March 11, 2024 13:09
  

  Stock market updates on the present time: Mamaearth enters non-public wash class, Honasa stock declines on NSE
  

  Honasa Shopper said the emblem Mamaearth has introduced its entry into the non-public wash class. 

  Honasa stock declines by 1.20% on the NSE, trading at ₹387.

• March 11, 2024 13:04
  

  Stock market updates on the present time: Cipla stock hits 52-week high at ₹1,519, for the time being trades at ₹1,506, elevated by 1.54% on the NSE.
  

• March 11, 2024 13:03
  

  Stock market updates on the present time: Nifty healthcare, pharma, FMCG sectoral stocks in inexperienced. Nifty media drags 1.88% to substitute at 1,950.90, and Nifty Bank declines 0.91% at 47,401.90
  

• March 11, 2024 13:01
  

  Stock market updates on the present time: Airtel to lead on spectrum bids in the upcoming auctions in Could per chance
  

  Bharti Airtel (Airtel) is expected to lead on spectrum bids in the upcoming auctions in Could per chance because it has renewals for 42MHz of spectrum in 1800MHz and 900MHz band in six circles, which would result in the company spending of ₹3,800 crore at reserve prices, analysts said on Monday.

• March 11, 2024 12:37
  

  Stock market updates on the present time: BSE Sensex trades at 73,725.21, down by 394.18 pts or 0.Fifty three per cent as of 12.33 pm, Nifty 50 trades at 22,386.10, down by 107.forty five or 0.forty eight%.
  

• March 11, 2024 12:31
  

  Stock market dwell updates: SBI stock falls 1.93% on the NSE, trading at ₹772.85
  

• March 11, 2024 12:27
  

  Stock market dwell updates: IndusInd Bank launches contactless payments wearables ‘Indus PayWear’, the all-in-one tokenizable wearables for both debit and credit ranking playing cards
  

  IndusInd Bank has introduced the begin of its contactless payments wearables ‘Indus PayWear’, the all-in-one tokenizable wearables for both debit and credit ranking playing cards on Mastercard.

  IndusInd stock declines by 1.27% on the NSE, trading at ₹1,543.90.

• March 11, 2024 12:24
  

  Stock market dwell updates: Bharti Airte has deployed additional sites in Nashik district, shares substitute at ₹1,209.15 on the NSE, up by 0.79%
  

• March 11, 2024 12:16
  

  Stock market updates on the present time: SEBI chairperson Madhabi Puri Buch says T+0 settlement on an optionally available in the market foundation to be introduced from March 28
  

  SEBI chairperson Madhabi Puri Buch says T+0 settlement on an optionally available in the market foundation to be introduced from March 28. In teach to curb stamp manipulation and trading manipulation in SME IPOS, SEBI is taking a take a look at at extra disclosures to be made, she said.

• March 11, 2024 12:15
  

  Stock market updates on the present time: Bharat Monetary Inclusion and IndusInd Bank signal MoU for its Corporate Social Responsibility Programme Bharat Sanjeevani
  

  Bharat Monetary Inclusion Ltd (100% subsidiary of IndusInd Bank) and IndusInd Bank has signed a Memorandum of Working out (MoU) with Tamil Nadu for its Corporate Social Responsibility Programme, Bharat Sanjeevani. This initiative, in collaboration with AAVIN – Tamil Nadu Co-Operative Milk Producers’ Federation Shrimp (TNCMPFL) below the Dairy Pattern Department, targets to invent obligatory veterinary companies and products and animal husbandry recordsdata to livestock owners connected to the AAVIN milk federation in the teach.

• March 11, 2024 12:12
  

  Stock market dwell updates: Vitality Grid Corporation executes MoU with Rajasthan Rajya Vidyut Prasaran Nigam for joint project company for Intra Voice Transmission System
  

  Vitality Grid Corporation of India Ltd has finished an MoU with Rajasthan Rajya Vidyut Prasaran Nigam Ltd (RRVPNL) to encompass a Joint Enterprise (JV) Company for pattern of an Intra Voice Transmission System in Rajasthan with fairness participation of 74% by Powergrid and 26% by RRVPNL. The proposed JV company shall undertake initiatives rate as much as ₹10,000 crore in a phased manner. 

  Vitality Grid stock declines by 2.12% on the NSE, trading at ₹286.forty five.

• March 11, 2024 12:07
  

  Stock market updates on the present time: Fundamental gainers and losers on the NSE at 12 pm
  

  Fundamental gainers: Bajaj Finserv (2.01%), Nestle India (1.88%), Cipla (1.21%), Apollo Hospitals (1.18%), Sun Pharma (1.03%)

  Fundamental losers: Tata Shoppers (-3.61%), Tata Metal (-2.32%), Vitality Grid (-2.20%), Bajaj Auto (-1.78%), Tata Motors (-1.forty eight%)

• March 11, 2024 12:04
  

  Stock market updates on the present time: BSE snapshot at 12 noon
  

  Whereas 1,049 stocks developed on the BSE at 12 noon on March 11, 2024, 2,764 stocks declined; and 156 stocks remained unchanged. The total stocks traded had been 3,969. The selection of stocks that recorded a 52-week high modified into as soon as 170, and of us that hit a 52-week low modified into as soon as 70.

• March 11, 2024 12:00
  

  Stock market updates on the present time: Sembcorp Industries arm baggage 440 MW wind-characterize voltaic hybrid energy mission from SJVN
  

  Sembcorp Industries on Monday said its arm Green Infra Wind Vitality Ltd (GIWEL) has bagged a 440 MW wind-characterize voltaic hybrid energy mission from SJVN Ltd. The assemble-contain-operate mission is portion of a 1.5GW recount issued by SJVN in September 2023, a company observation said. PTI

• March 11, 2024 11:57
  

  Stock market dwell updates: DB Realty receives letter of acceptance from Brihanmumbai Municipal Corporation for renting out land parcel, stock declines on NSE
  

  D B Realty Ltd has informed the substitute relating to receipt of letter of acceptance from Brihanmumbai Municipal Corporation (BMC) for renting out roughly 186.52 acres of land parcels owned by DBL’s subsidary Mira Proper Estate Builders at a licence payment of roughly ₹248 crore common every year (p.a.) over the length of 5 years. 

  DBL stock declined by 4.88% on the NSE, trading at ₹268.90

• March 11, 2024 11:49
  

  Stock market updates on the present time: Gravita India’s ‘Pure Lead’ empanelled as authorised Lead Manufacturers deliverable in opposition to MCX lead futures contract, stock up on NSE
  

  Gravita India Ltd said its ‘Pure Lead’ has been empanelled as an authorised Lead Manufacturers deliverable in opposition to MCX lead futures contract. Stock trades at ₹872.forty five on the NSE, up by 0.21%.

• March 11, 2024 11:30
  

  Stock market updates on the present time: Torrent Vitality has hit all-time high at ₹1,287.50. Stock trades elevated by 7.36% on the NSE at ₹1,228.80
  

• March 11, 2024 11:24
  

  Stock market dwell updates: SC questions SBI’s growth in electoral bond disclosure in 26 days
  

  The Supreme Courtroom begins hearing SBI’s plea to lengthen the nick back-off date to June 30 for disclosing diminutive print of electoral bonds encashed by political events. The court reminded SBI to follow its judgment for undeniable disclosure. It also wondered SBI on the steps taken in the last 26 days, noting that its application modified into as soon as mute on this matter. Be taught extra

• March 11, 2024 11:22
  

  Stock market dwell updates: Bank Nifty Prediction This day – March 11, 2024: Await dips to drag long
  

  The Bank Nifty index has been coming down after failing to sustain a break above forty eight,000 last week. The index is for the time being trading at 47,590, down 0.52 per cent. The attain/decline ratio is at 4:8. This signifies the inherent weak point in the index. 

• March 11, 2024 11:14
  

  Stock market updates on the present time: Dilip Buildcon gets Letter of Award for gentle floated by NHAI, stock up on NSE
  

  Dilip Buildcon has bought a Letter of Award (LOA) for the gentle floated by the Nationwide Highways Authority of India on Hybrid Annuity foundation in Tamil Nadu, mission charges ₹548 crore. DBL inches up by 0.35% on the NSE, trading at ₹439.

• March 11, 2024 11:12
  

  Stock market updates on the present time: Fundamental gainers and losers on the BSE at 11 am
  

  Fundamental gainers: Kirloskar Brothers (9.59%), KEC (7.21%), NLC India (7.03%), Torrent Vitality (6.78%), Trent (6.13%)

  Fundamental losers: JTL (-13.21%), Tata Chemicals (-9.38%), JM Monetary (-8.54%), HBL Vitality (-8%), Neuland Lab (-7.91%)

• March 11, 2024 10:59
  

  Stock Market Live This day: Vinati Organics subscribes to Veeral Organics rights sigh; stock dips
  

  Vinati Organics Ltd has subscribed to the additional entirely paid-up fairness shares by the impart of subscription in opposition to the rights sigh of Veeral Organics Pvt. Ltd., a unconditionally-owned subsidiary.

  Vinati Organics stock declines by 1.52% on the NSE, trading at ₹1,608.25.

• March 11, 2024 10:58
  

  Stock Market Live This day: JASH Engineering secures ₹72 crore orders; stock drops 2.73%
  

  JASH Engineering bought consolidated orders rate ₹72 crore in Feb 2024. 

  Stock fell 2.73% on the NSE, trading at ₹1,697.50.

• March 11, 2024 10:42
  

  Stock Market Live This day: Equity markets upward push, bond yields fall on payment nick back hints
  

  Indian fairness markets closed with gentle gains amid mixed global cues after the U.S. Federal Reserve Chairperson hinted at possible payment cuts later this three hundred and sixty five days but signalled uncertainty about inflation and enhance. The most predominant benchmark indices remained rangebound for the length of the session and managed to shut in inexperienced territory after registering a novel high. 

  Bond yields fell following the ease in U.S. Treasury yields as expectations of a payment nick back later this three hundred and sixty five days had been reinforced by remarks made by the chairperson of the U.S. Federal Reserve. The yield on the 10-three hundred and sixty five days benchmark paper (7.18% GS 2033) fell by 2 bps to shut at 7.03% as compared with the earlier shut of 7.05%.

• March 11, 2024 10:25
  

  Stock market updates on the present time: Outrageous oil futures decline as China’s imports fall
  

  Outrageous oil futures traded decrease on Monday morning because the fresh recordsdata from China confirmed a decline in imports. Be taught extra

• March 11, 2024 10:24
  

  Stock market updates on the present time: Mactrotech stock hits a 52-week high at ₹1,277.90 after raising ₹3,300 crore via QIP
  Shares for the time being substitute at ₹1,190.90 on the NSE, elevated by 1.55%.
  

• March 11, 2024 10:20
  

  Stock market updates on the present time: Adani Green Vitality operationalises 1,000 MW characterize voltaic energy at RE park at Khavda; stock edges down on NSE
  

  Adani Green Vitality Ltd (AGEL) operationalises cumulative ability of 1,000 MW characterize voltaic energy at RE park at Khavda, Gujarat. Adani Green Vitality stock trades at ₹1,919.95 on the NSE, down by 0.47%

• March 11, 2024 10:18
  

  Stock market updates on the present time: HAL hits 52-week high at ₹3,428. For the time being trades at ₹3,397.85 on the NSE, elevated by 2.43%
  

• March 11, 2024 10:17
  

  Stock market dwell updates: Muthoot FinCorp on-boards Veefin Alternatives, Veefin Alternatives stock rises on BSE
  

  Muthoot FinCorp has on-boarded Veefin Alternatives as their technology partner to begin their Provide Chain Finance (SCF) operations. Veefin Alternatives stock rises 2.07% on the BSE, trading at ₹319.80.

• March 11, 2024 10:15
  

  Stock market dwell updates: Excel Industries monetary institution guarantee forfeited for non-compliance of sure pollution sustain watch over provisions, stock declines on NSE
  

  Excel Industries has bought a quiz from the Maharashtra Air pollution Control Board ( Regional Plot of enterprise – Raigad ) that a monetary institution guarantee of ₹1 lakh issued by the company has been forfeited for non-compliance of sure provisions of the Water ( Prevention and Control of Air pollution ) Act, 1974 and the Air ( Prevention and Control of Air pollution ) Act, 1981. 

  Stock declined by 1.03% on the NSE, trading at ₹801.30.

• March 11, 2024 10:03
  

  Stock market updates on the present time: Pondy Oxides and Chemicals set to envision bigger operations with greenfield & brownfield initiatives
  

  Pondy Oxides and Chemicals Ltd, a number one manufacturer of lead, lead alloys and plastic components, is taking on greenfield and brownfield ability growth programmes at an estimated funding of Rs.570 crore on beneficial enhance opportunities. Be taught extra

• March 11, 2024 10:01
  

  Stock market updates on the present time: RVNL stock gains by 4.85% on the NSE, trading at ₹249.50 following receipt of mutiple work orders.
  

• March 11, 2024 10:00
  

  Stock market updates on the present time: DroneAcharya Aerial Improvements awarded drone pilot training contract by Defence Ministry, shares substitute elevated on BSE
  

  DroneAcharya Aerial Improvements Ltd has been awarded the First Particular person Gaze (FPV) drone pilot training contract by the Ministry of Defence. Shares substitute elevated by 2.96% on the BSE at ₹160.

• March 11, 2024 09:58
  

  Stock market updates on the present time: KPI Green Vitality baggage teach for pattern of 305MW characterize voltaic energy initiatives, stock trades elevated on NSE
  

  KPI Green Vitality stock trades at ₹1,762.90 on the NSE, elevated by 2.15%. The company had bagged an teach for pattern of 305MW ac characterize voltaic energy initiatives being portion of wind-characterize voltaic hybrid energy mission from Aditya Birla Renewables Subsidiary Ltd and ABREL (RJ) Projects Ltd.

• March 11, 2024 09:54
  

  Stock market updates on the present time: Tata Chemicals stock slumps 9.21% on the NSE, trading at ₹1,194.10.
  

• March 11, 2024 09:Fifty three
  

  Stock market updates on the present time: JM Monetary stock falls 7.67% on the NSE, trading at ₹81.20
  

• March 11, 2024 09:Fifty three
  

  Stock market updates on the present time: NLC India stock rises by 6.72% on the NSE to substitute at ₹233.forty five
  

• March 11, 2024 09:52
  

  Stock market updates on the present time: Infibeam Avenues launches synthetic intelligence (AI) product, THEIA
  

  Infibeam Avenues Ltd has launched its synthetic intelligence (AI) product, THEIA – Video AI Developer Platform.

  Infibeam stock rose by 1.12% on the NSE, trading at ₹40.60

• March 11, 2024 09:40
  

  Stock market updates on the present time: Sigachi Arabia initiatives earnings visibility of $180 million for monetary three hundred and sixty five days 2024-25
  

  Sigachi Industries has informed the exchanges that Sigachi Arabia, a joint project (JV) between the wholly-owned subsidiary Sigachi MENA FZCO and Saudi Nationwide Projects Funding Ltd (SNP), has projected a earnings visibility of $180 million for the monetary three hundred and sixty five days 2024-25. 

  Sigachi shares tumbled by 8.75% to substitute at ₹64.65 on the NSE.

• March 11, 2024 09:36
  

  Stock market updates on the present time: Fundamental gainers and losers on the NSE at 9.30 am
  

  Fundamental gainers: BPCL (1.21%), Cipla (1.09%), Ultratech (1.06%), Bajaj Finserv (0.87%), Hero Motocorp (0.80%)

  Fundamental losers: Tata Shoppers (-3.06%), Tata Metal (-1.59%), Bajaj Auto (-1.07%), Tech Mahindra (-0.73%), HDFC Bank(-0.68%)

• March 11, 2024 09:35
  

  Stock market updates on the present time: SJVN Green Vitality inks energy utilization and buy settlement with Rajasthan Urja Vikas and IT Companies and products Ltd
  

  SJVN Green Vitality Ltd (SGEL), a unconditionally-owned subsidiary of SJVN, signed a energy utilization settlement (PUA) for a 500 MW Solar Vitality and a energy buy settlement (PPA) for 100 MW Solar Vitality with Rajasthan Urja Vikas and IT Companies and products Ltd (RUVITL).

• March 11, 2024 09:30
  

  Stock market updates on the present time: Coal India, Rajasthan Rajya Vidyut Utpadan Nigam ink pact to explore setting up of 4100 MW initiatives in joint project
  

  Coal India and Rajasthan Rajya Vidyut Utpadan Nigam Ltd (RRVUNL) hasd signed an MoU, which is prepared to in the starting build explore the potentialities of setting up of 4100 MW initiatives via a JV company, all the blueprint via the 5 known initiatives viz. pit-head Thermal Vitality Project, Solar Projects at Solar Parks, Pumped Storage Projects, Solar Projects at Reward TPPs and Wind Projects.

• March 11, 2024 09:26
  

  Stock market dwell updates: NLC India inks MoU with Rajasthan Govt for joint project to set up 125 MW lignite-based entirely mostly energy plant and 1000 MW characterize voltaic energy plant
  

• March 11, 2024 09:22
  

  Stock market updates on the present time: Zydus Lifesciences receives EIR fable from USFDA for inspection conducted at its API Ahmedabad facility
  

• March 11, 2024 09:22
  

  Stock market updates on the present time: Outrageous oil futures substitute decrease on decline in Chinese language imports
  

  Outrageous oil futures traded decrease on Monday morning because the fresh recordsdata from China confirmed a decline in imports. At 9.18 am on Monday, Could per chance Brent oil futures had been at $81.59, down by 0.60 per cent, and April indecent oil futures on WTI (West Texas Intermediate) had been at $77.50, down by 0.65 per cent. March indecent oil futures had been trading at ₹6416 on Multi Commodity Exchange (MCX) for the length of the initial hour of trading on Monday morning in opposition to the earlier shut of ₹6459, down by 0.67 per cent, and April futures had been trading at ₹6395 in opposition to the earlier shut of ₹6440, down by 0.70 per cent.

• March 11, 2024 09:21
  

  Stock Market Live This day: OPENING BELL: Sensex and Nifty begin flat amid mixed global cues, eyes on FPI traits
  

  On Monday, India’s Sensex and Nifty opened a diminutive bit up, influenced by mixed global cues. Analysts imply buyers will music foreign portfolio buyers for market course. The BSE Sensex rose by 21.12 capabilities to 74,140.51, whereas the NSE Nifty elevated by 15.forty five capabilities to 22,509. Then again, most Asian equities are going via downward strain. 

  Manoj Purohit, Partner and leader—FS Tax, Tax and Regulatory Companies and products, BDO India: “FPI inflows grasp shown a definite pattern compared with the earlier month. On account of the fresh announcement of Q3 GDP numbers at 8.4 percent, the persistence efficiency of considerable Indian corporates is primary element in turning the tide inexperienced for the Indian fairness market.”

  On the regulatory entrance, bulletins such because the removal of UAE from the grey checklist and SEBI’s consultation paper for relieving UBO disclosures norms for regulated FPIs had been the primary catalysts to build India on the forefront of possible long-term investments for the foreign fraternity, he added.

  Following last Friday’s frail shut of the US stocks, Asian stocks are below strain, excluding for Chinese language markets. Japan’s stocks are down over 2 per cent, whereas Australian equities are frail at about 1.5 per cent. Then again, Hong Kong and Chinese language stocks are up by about 1-0.3 per cent whilst Korean stocks edged down marginally.

  Ajit Mishra, SVP—Technical Study, Religare Broking Ltd, said: Except for the scheduled macroeconomic recordsdata, the efficiency of the worldwide indices will continue to provide cues over market course. For the time being, the US markets are seeing some profit taking after a real uptrend for four months. That can result in intermediate volatility in our markets, too, in particular on the begin.

  Arvinder Singh Nanda, Senior Vice President of Master Capital Companies and products, said the outlook for the market would perhaps per chance depend upon primary global and domestic financial recordsdata, US Fed payment choices, foreign and domestic institutional buyers’ funding patterns, global market traits, rupee circulation in opposition to the dollar, indecent oil inventories, and upcoming general elections.

  He added that the primary financial recordsdata that will possible be focused on in the arrival week are Japan’s and the UK’s GDP, the UK unemployment payment, US CPI Inflation numbers, industrial manufacturing recordsdata, and India’s CPI and WPI inflation figures, Industrial manufacturing, and manufacturing output.

• March 11, 2024 09:05
  

  Stock market updates on the present time: Stocks that will undercover agent action on the present time: March 11, 2024
  

  Stocks at risk of look action on the present time encompass JM Monetary, Sun Pharma, Tata Community stocks, JSW Vitality, Panabyte Tech, Cosmic CRF, Patel Engineering, Tata Applied sciences, Epigral, Captain Polyplast, Control Print, RVNL, Alembic Pharma, KPI Green, Dishman Carbogen, Lemon Tree, HG Infra, PG Electroplast, Dwarikesh Sugar, Dilip Buildcon, Venus Cures, Titagarh Rail, Swan Vitality Be taught extra

• March 11, 2024 09:02
  

  Stock market updates on the present time: IPO screener: Gopal Snacks sigh closes on the present time
  

  This day (March 11) is the last date to subscribe the initial public offering of Gopal Snacks. The sigh has to this level been subscribed 1.40 occasions to this level. The Rajkot-based entirely mostly company advance out with stamp band of ₹381-401 and the market lot is 37 shares. Be taught extra

• March 11, 2024 09:01
  

  Stock market dwell updates: Blended global cues to grasp an influence on domestic market; FPI inflows expose sure pattern
  

  Home markets are expected to begin flat on Monday amid mixed global cues. On account of the shortcoming of domestic cues, analysts teach contributors will look to in one other nation markets for course, in particular the behaviour of foreign portfolio buyers. Be taught extra

• March 11, 2024 08:59
  

  Stock market dwell updates: NLC India Ltd (NLCINDIA)- Provide for Sale
  

  Field Period:- 07- March-24 to 11- March-24

  For Non- Retail ( QIB +HNI ) begin & shut date – 07-March -24 

  For Retail begin & shut date – 11 –March-24 (This day)

  Ground Attach: INR “212”

  Closing Attach on date of announcement: Rs.226.70u0009

  Most modern Market Attach: 218.20

  Wicked Field dimension: 6.93 Crs Shares – 5.00% of O/S Capital

  Green Shoe Field dimension: 2.77 Crs Shares – 2.00% of O/S Capital

  Total Field Dimension: 9.71 Crs fairness shares (INR 2058 Cr) – 7.00% of O/s Capital

  Non-Retail Fragment (QIB + HNI) – 90% of Provide Dimension – Bidding on 07-March -24 

  Total Field Dimension: 8.73 Crs shares (INR 1851.99 Cr)

  Non-Retail Clearing Attach: Rs. 217.50

  Retail Fragment – 10% of Provide Dimension – Bidding on 11 March, 2024(This day) 

  Total Field Dimension: 0.97 Crs fairness shares (INR 205.78 Cr)

  Sign : Upto Rs 2 lacs bids are labeled as Retail and above non retail ( QIB + HNI )

  Sign : Per clearing stamp discovered for Non retail bids, the minimal stamp to recount for Retail portion will possible be Rs 217.50.

• March 11, 2024 08:58
  

  Stock market dwell updates: Mishtann Meals Limited_Right Field
  

  Field Initiate – 02-April-24

  Field Shut – 17-April-24

  Pretty sigh Dimension: Rs. 49.90 Crs (3.33 Crs Shares)

  Stock Attach – 20.17 /-

  Pretty sigh Attach: Rs. 15/-

  Payment Phrases: Rs. 15/- (Full quantity of Rs. 15 for rights fairness shares must be paid on application.)

  Rights Entitlement Ratio: 1 Rights Equity Portion for each and each 31 shares held (Effectively 0.03 for each and each 1 portion held).

  Closing Alternate date (Cum Pretty): 19 March 2024

  Ex-Pretty Procuring and selling date: 20 March 2024

  File Date: 20 March 2024

  Pretty Entitlement (RE) Procuring and selling Period:- No longer But Announced

  Closing day of Renunciation of Rights Entitlements: No longer But Announced

  Date of Fragment (on or about): No longer But Announced

  Date of list (on or about): No longer But Announced

  Efficient Discount Per portion – Rs. 0.16

  {CMP-[(no. of Shares * CMP) + (No. of RE * Right issue Price) ]/ No. of Shares incl. RE}

• March 11, 2024 08:57
  

  Stock market updates on the present time: Dwarikesh Sugar Industries Shrimp-Buyback
  

  Route – Subtle 

  Buyback Attach: 105

  Most modern Market Attach: 80.85/-

  Market Cap: Rs 1,522 crores

  Buyback Dimension: ₹ 31.50 Crs (Representing 4.50% of the combination of the Company’s entirely paid-up fairness capital and free reserves)

  Buyback Dimension: 30,00,000 shares (Representing 1.59 % of O/s. shares)

  Retail Quota: 4,50,000 Shares

  Closing Cum Procuring and selling Date – 19 March 2024

  Ex-Date – 20 March 2024

  Buyback File Date: 20 March 2024

  Buyback Schedule: No longer But Announced

• March 11, 2024 08:28
  

  Stock market updates on the present time: CITI on OMCs
  

  Gov’t has introduced a Rs100/cyl nick back in stamp of domestic LPG, bringing down prices by 11% to Rs803/cyl (in Delhi)

  Reckon this would per chance lead to an below-restoration of c.$100/T for OMCs, even if are no longer in particular perturbed

  Withhold +ve stare on OMCs 

  BP & HP most well liked picks

• March 11, 2024 08:26
  

  Stock market updates on the present time: Bajaj Auto, BHEL, and Kalpataru Projects World: Three stocks that outperformed in the week ending March 7
  

  In the trading week ended on March 7, the fairness benchmark indices S&P BSE Sensex and Nifty recorded modest gains of 0.5 per cent and 0.7 per cent, respectively. The bulk of sectoral indices concluded the week positively, with considerable performances noticed in BSE Metals (3 per cent), BSE PSU (2.4 per cent), and BSE Vitality (1.9 per cent). Be taught extra

• March 11, 2024 08:22
  

  Stock market updates on the present time: Silver firm at $24.30
  

  Silver maintained real, supported by a weaker dollar and yields, as basically the most up-to-date US jobs fable supplied some leeway for the Fed to begin cutting passion charges this three hundred and sixty five days. Whereas nonfarm payrolls outperformed estimates in February, they had been sharply revised downward in January and December. Furthermore, the jobless payment rose to its most life like level in two years, and pay enhance slowed extra than anticipated. Fed Chair Powell previously signalled that monetary easing would perhaps per chance initiate soon, but additional proof of inflation returning to the 2% target is required. Over the week, the steel modified into as soon as expected to upward push by extra than 5%.

  Key financial recordsdata slated for begin involves Eurogroup Meetings from Euro zone.

• March 11, 2024 08:21
  

  Stock market updates on the present time: Gold as much as $2179
  

  Gold prices rose after recordsdata exhibiting an lengthen in the US unemployment payment fueled anticipation that the Federal Reserve would initiate lowering passion charges almost at this time. Despite an acceleration in job enhance in February, the unemployment payment in the US rose and pay gains moderated. Merchants elevated their wagers that the Fed will initiate lowering passion charges in Could per chance to roughly 30% following the roles recordsdata, even if June remained the perhaps likelihood at 80%. SPDR Gold Belief reported that its holdings declined by 0.18% to 815.13 tonnes on Friday, down from 816.57 tonnes on Thursday.

  Key financial recordsdata slated for begin involves Eurogroup Meetings from Euro zone.

• March 11, 2024 08:07
  

  Stock market updates on the present time:
  

  CLSA on Maruti Suzuki

  Outperform Call, Device Rs 12,890

  Co Doubtless To Again From Amplify In Portion Of CNG & Hybrid PV

  Co Doubtless To Offset Its Weaker Positioning In Electrical Autos

  Stock Has Underperformed Sensex Enormously

  Stock Procuring and selling At A 23.5x CY25 EPS, Below Its 10-three hundred and sixty five days Moderate PE A pair of.

  Jefferies on LTImindtree

  Buy Call, Device Crop To Rs 5,890

  Resignation Of Co’s CFO, Alongside Other Senior-level Exits, Suggests Integration Factors

  Co Could per chance Rob Longer To Realise Income Synergies From The Merger

  Crop Est By 5-9% To Replicate Rev Synergies & Question Co To Raise 15% EPS CAGR In FY24-26

  Stock Has Fallen 19% YTD

  Deem Risks Are In Attach As Stock Trades At 28x, In-line With Its 5-three hundred and sixty five days Avg.

  HSBC on M&M

  Buy Call, Device Raised To Rs 2,300

  If Co Demerges Its Farm & Auto Business, Price Unlocking Could per chance well Be Important For Patrons

  Operationally, Co Continues To Accomplish Wisely With Upside Risks From Tractor Ask of

  Co Continues To Accomplish Wisely With SUV Launches In FY25

  CLSA on HDFC Bank

  Downgrade To Outperform From Buy

  Device Crop To Rs 1,650 From 2,050

  Twin Challenges On Deposits – High Ask Rate & A Tough Environment

  Bettering Yields Offset By Muted CASA Accretion To Withhold NIM Restoration Unhurried

  Deem NIM Restoration Will Be Extra ‘U-Fashioned’ Than ‘V-Fashioned’

  Neat FY25/26 EPS Estimates By 5%

  Citi on OMCs

  Govt Has Announced `100/Cylinder Crop In Attach Of Home LPG

  Govt Has Introduced Down Cylinder Costs By 11% To Rs 803/Cylinder In Delhi

  Reckon This Could per chance well Lead To An Below-Restoration Of $100/t For OMCs

  Withhold Distinct Gaze On OMCs

  Would Employ Any Meaningful Pullback As An Enhanced Procuring Opportunity

  BPCL & HPCL Are Preferred OMC Picks, Alongside With ONGC And GAIL

  CLSA on GAIL

  Promote Call, Device Rs 165

  Vijaipur Web site Lies At The Heart Of Co’s Operations

  Mgmt Showcased Operational & Tech Capabilities Of Vijaipur Web site In Managing HVJ Pipeline Network

  Co Has Taken Green Hydrogen & Captive Solar Vitality Period Initiatives

  Initiatives Underscore Co’s Commitment To Its Long-term Imaginative and prescient For Vitality Transition

  Initiatives Underscore Co’s Commitment To Be In discovering Zero By 2040

  Jefferies on GAIL

  Underperform Call, Device Rs 150

  Co Taking Early Steps In direction of Vitality Transition Efforts With Building Of Green Hydrogen Pilot

  Co Taking Early Steps In direction of Vitality Transition Efforts By Commissioning Of SSLNG At Vijaipur Web site

  Development In direction of Device Of Blending 20% GH2 In Transmission Vol By 2040 Will Be Keenly Watched

  MS on Life Insurance

  HDFC Life, ICICI Pru Life & SBI Life, Grew Faster Than The 20% RWRP Boost Of Deepest Sector

  Total APE Boost For HDFC Life, ICICI Pru Life & SBI Life Became Also +20%

  There Could per chance well Be Upside Risks To Our APE Boost Estimates

  Can no longer Rule Out Decrease VNB Margin Owing To Increased Acquisition Costs & Doubtless Increased ULIP Mix

  Vintage on BHEL

  Buy, TP Raised to Rs 299

  Co reported a sturdy teach influx in 9MFY24 of Rs 360 bn (+102% YoY).

  It has already bagged 3 substantial orders 

  Remember co is expected to survey a meaningful reversal in its ordering cycle over subsequent 3–4 years

  Bernstein on Banks

  Time to swap reduction to prvt. banks

  In last 3 yrs, PUSs grasp outshone attributable to their superior earnings enhance & narrowing of enhance gap.

  Then again, taking a take a look at forward, undercover agent a less promising trajectory for PSBs 

  Downgrade SBI to Market-Produce , TP raised to Rs 780

• March 11, 2024 08:04
  

  Stock market updates on the present time:
  

  RVNL: Company gets letter of award for initiatives rate ₹1,298.2 crore from Himachal Pradesh Electrical energy Board 

  Titagarh Rail: The Company has bagged the contract from the Railway Board for Plot and provide of 4,463 BOSM Wagons for a contract value of Rs. 1909 Cr 

  PNC Infratech: Company executes concession settlement for HAM mission rate ₹1,174 cr with MP Boulevard Pattern Corporation. 

  GAIL: Company signed tripartite MoU with ONGC & Shell Vitality to explore opportunities for import of ethane & other hydrocarbons.

  Torrent Vitality Will get LoA for provide of 306 MW Solar Vitality from Maha Voice electricity distribution company

  India Glycols: Company provides 270 KLPD ability to existing bio-gasoline ethanol plant at Kashipur, Uttarakhand 

  Tata Vitality: MERC approves energy tariff hike for Tata Vitality in Mumbai.

  HG Infra: Company declared L1 Bidder for mission rate ₹610 crore by NHAI 

  SBI Life: February Life insurance novel top class enhance by 32.3 percent YoY 

  HDFC Life: February Life insurance novel top class enhance by 14.5 percent YoY 

  ICICI Pru: February Life insurance novel top class enhance by 32.5 percent YoY

  SJVN: Company receives LoA for 1,352 MW of characterize voltaic energy initiatives, whole invst at ₹7,436 crore. 

  Dwarikesh Sugar: Buyback Accepted, Provide stamp Rs. 105, File date twentieth March 2024. 

  JSW Vitality: JSW Neo enters staunch into a technology licensing settlement with SANY Renewable for the manufacturing of three.X MW WTGs in India for captive utilization by the Company

  Stylam Industries: Care Scores has improved the outlook of the company. 

  United Breweries: Company launches novel designate viz., ‘Kingfisher Ultra Max Draught Beer’ in the ‘Top class Strong Beer’ section class in Karnataka market. 

  KPI Green: Company gets an teach for the attain of 305MW characterize voltaic energy initiatives from Aditya Birla Renewables Subsidiary & ABREL (RJ) Projects.

  Signature World: Company will invest Rs 1,000-1200 crore per three hundred and sixty five days to buy land for the attain of housing initiatives and encash solid shopper quiz.

  NBCC/BHEL: Signs two MoUs with BHEL to redevelop BHEL’s amenities, rent locations of work, residential models. 

  Dilip Buildcon: Company gets teach rate Rs 550 crore for gentle floated by NHAI on hybrid annuity foundation in Tamil Nadu 

  Azad Engineering: Signs a Long-Time frame Strategic Provide Settlement (SSA) with a subsidiary of Baker Hughes

  Tata Communications: Company invests in global dwell manufacturing companies and products with facility in Los Angeles. 

  Gujarat Gas/BPCL: Signed accord for liquid fuels, auto lubricants. 

  Dredging Corp: Company in pact with BEML for manufacturing of spares, dredgers 

  Zydus Life: Company has bought the EIR fable from the USFDA for the inspection conducted on the API Ahmedabad facility

  Drinks stocks: Govt hikes outlay to tea sector, incentives to diminutive growers. 

  Rainbow Medicare: Company has added a ~50-bed additional block to the existing health facility at Hydernagar, Hyderabad 

  Imagicaaworld: To set up an leisure hub on the Sabarmati Riverfront at Ahmedabad over an condominium admeasuring roughly 11 acres 

  IOC: Company to invent gasoline extinct in Formula1.

  HCL Tech: Company partners with Service Now to provide Gen-AI-led solutions for using effectivity, value-savings in companies.

  VBL: Company is increasing its manufacturing capacities in the juices and value-added dairy merchandise segments in 2024. 

  Gensol Engineering: Company wins Gujarat Urja Vikas Nigam Shrimp’s (GUVNL’s) 70 MW (140 MWh) battery energy storage mission rate ₹450 crore earnings

  LTIMindtree: Board appoints Vipul Chandra as novel CFO. 

  NLC India: Govt to impart oversubscription likelihood for OFS.

  DB Realty: Board authorised QIP sigh and licensed the opening on seventh March 

  LTIMindtree: Company says filed plea in court in opposition to ₹730 cr GST recount. 

  SBI: Moody’s affirmed ‘Baa3’ long-term currency deposit ranking. 

  M&M: Company says Prudential Administration sold 0.75% stake in co

  LIC Housing: Board approves borrowing funds for FY 2024-25 

  Oil India: Company approves 2nd interim dividend of Rs 8.5/portion 

  Auto Stocks: Karnataka to introduce extra cess on novel transport vehicles and lifetime tax on luxurious EVs 

  Indigo: Promoter Rakesh Gangwal is taking a take a look at to promote as much as five.8% fairness to elevate virtually Rs 6,600 cr. Ground stamp is at Rs 2,925/sh: Sources. 

  Sun Pharma: Company recalls 55,000 bottles of generic drug from US market attributable to manufacturing norms violation 

  Tata group stocks: Tata Sons’ IPO no longer going soon, company in search of alternatives to comply with RBI norms: Media Sources 

  Zee Leisure: Punit Goenka accepts the resignation of Rahul Johri. 

  JM Fin: SEBI bars JM Monetary from acting as debt sigh lead supervisor and from taking novel mandate in debt public sigh.

  Vedanta: SEBI factors administrative waning to the Vedanta and asks the company to rob corrective steps to pork up internal sustain watch over for company announcement 

  IOC/HPCL: ₹100 LPG cylinder stamp nick back to be borne by OMCs; no fiscal influence on government. 

  APL LTD: US FDA factors Originate 483 with four procedural observations for Oncology Formulation Facility (F-2) at Panelav

• March 11, 2024 08:01
  

  Stock market updates on the present time: NLC India’s Provide for Sale begin for retail buyers on the present time
  

  The OFS has been subscribed 2.92 occasions from non-retail buyers on Thursday, after which the Finance Ministry said this would per chance impart the inexperienced shoe likelihood.

  “NLC India Shrimp provide in the marketplace bought an keen response from non-retail buyers on the present time. The sigh modified into as soon as subscribed 2.92 occasions of the deplorable dimension (Non Retail Class). The Govt has decided to impart the inexperienced shoe likelihood,” Department of Funding and Public Asset Administration (DIPAM) secretary Tuhin Kanta Pandey tweeted

• March 11, 2024 07:58
  

  Stock market updates on the present time: Ajit Kabi, Study Analyst at LKP Securities views on Banking Sector outlook for the medium term.
  

  “Banking sector is at risk of survey some challenges in coming duration. The liquidity crunch would perhaps per chance assemble boundaries for credit ranking enhance. The unprecedented deposit rivals would perhaps per chance sustain the value to earnings elevated. The win passion margin enchancment is subjected to policy payment cuts. Hence, we quiz the return ratio numbers to tackle in vary.

  Furthermore, the contained slippages has saved the asset quality in take a look at. Some extra systemic strain can elevate the slippages from unsecured e-book.

  Nonetheless, we quiz the expected worrisome are in stamp and overall sector to preform properly as per as stock stamp is concerned.”

• March 11, 2024 07:57
  

  Stock market dwell updates: Agrochemicals — Green shoots  
  

  Elara Securities

  Home condominium to force restoration

  The agri-enter substitute (agrochemicals and fertilizers) has been in the doldrums for the past three hundred and sixty five days, driven by global destocking of agrochemicals, unfavorable Monsoon in India and non-remunerative subsidy regime for the domestic fertilizer substitute. Whereas global quiz for agrochemicals remains to be frail, we quiz inexperienced shoots to emerge for domestic agrochemicals and fertilizer companies. Hence, we quiz a restoration in the agri enter condominium, primarily driven by the domestic sector. Green shoots would emerge, given 1) a step by step weakening the El Nino phenomenon, and 2) better nutrient-based entirely mostly subsidy (NBS) for the domestic fertilizer substitute. Hence, we prefer India-focused companies, corresponding to Dhanuka Agritech (DAGRI IN), Bayer CropScience (BYRCS IN), Sumitomo Chemicals (SUMICHEM IN) and Coromandel World (CRIN IN)

• March 11, 2024 07:56
  

  Stock market updates on the present time: 75% YoY enhance in accounts opened by women folk buyers in FY24 to this level
  

  Sure Securities, a number one monetary companies and products company, has reported a file selection of girls folk buyers, with enhance in women folk investor accounts exhibiting a real upward push. YES Securities recorded a 75% YoY enhance in accounts opened by women folk buyers in FY24 to this level (duration compared is 1st April 2023 till Thirty first January 2024 versus same duration last three hundred and sixty five days of FY23), and the contribution of girls folk buyers in whole accounts elevated to about 23%. This pattern highlights a increasing self perception, upward push in monetary consciousness and proactiveness among women folk in managing their finances.

  The general investor deplorable of Sure Securities has also grown at a definite momentum of 36% YoY for the length of the first 10 months of FY24 to this level (From 1st April 2023 till Thirty first January 2024). The momentum of girls folk buyers is on an upswing and interestingly, Sure Securities has seen extra women folk buyers opening their yarn post pandemic since FY21, and this pattern is on a real upward push and has persevered in FY24 as properly.

• March 11, 2024 07:52
  

  Stock market dwell updates: Azad Engineering: Extra legs to the rally: ICICI Securities 
  

  Azad Engineering (Azad) has bought an teach from Nuovo Pignone Srl (portion of Baker Hughes’ Industry & Technology industry) for the provision of high-advanced and extreme ingredients for the Oil & Gas (O&G) sector. We expect about that right here’s primary because it: 1) deepens Azad’s presence in O&G; 2) doubtlessly would perhaps per chance translate into adjacent earnings streams; and 3) would possible sustain earnings enhance momentum. In our stare, right here’s the 2nd primary teach in Q4FY24 after Rolls-Royce for defence engines and means that the attain efforts revamped several years are now getting monetised. We also take into accout that there is a better likelihood of our FY26E EPS of INR 20 being finished; hence, we elevate

  our P/E multiple to 80x (earlier 70x), valuing the company at INR 1,600 (earlier INR 1,400) on FY26E EPS. Withhold ‘BUY’.

• March 11, 2024 07:50
  

  Stock market dwell updates: Hexaware Applied sciences joins palms with Novelty Community, a UAE industry group
  

  Hexaware Applied sciences, a world leader in digital solutions, and Novelty Community, a eminent industry group of the United Arab Emirates (UAE), has introduced a joint project to raise revolutionary digital transformation companies and products to UAE-based entirely mostly enterprises all the blueprint via numerous sectors love banking, monetary companies and products, manufacturing, energy and utilities, healthcare, insurance, hello-tech merchandise & platforms, retail & shopper, logistics and fling & hospitality. This strategic collaboration targets to leverage Hexaware’s technological capabilities and Novelty Community’s native presence and market opinion.

• March 11, 2024 07:forty eight
  

  Stock market updates on the present time: Life Insurance Recent Business – Feb ’24: Strong expose by the substitute
  

  Emkay World

  NIFTY 50: 22,494

  The Life Insurance sector logged a sturdy 18.1% Retail APE enhance for Feb-24, driven by solid 20.4% enhance in the deepest sector, whereas seeing LIC’s enhance making improvements to to 13.3%. On the reduction of resilient enhance in Feb-24, the substitute witnessed 9.2% Retail APE enhance for YTDFY24, with the deepest sector increasing 13.1% and LIC increasing 2%. The selection of particular individual insurance policies sold for the length of Feb-24 grew 9.2% for the substitute, whereas policy enhance for deepest avid gamers modified into as soon as 16.1% and stood at 6.3% for LIC, YoY. Whereas Retail APE enhance in the deepest sector modified into as soon as largely led by enhance in the selection of particular individual insurance policies sold, LIC’s top class enhance is possible driven by a mix of enhance in insurance policies and common sign dimension. On an overall APE foundation, the substitute clocked in a solid 25.8% enhance, with the deepest sector increasing 24.7% and LIC registering 27.7% enhance for Feb-24. The sturdy enhance in APE modified into as soon as driven by 58% enhance in Community APE for the substitute for the length of Feb-24, backed by a stable 62% enhance in LIC’s Community APE and 52% enhance led by the deepest sector. Amongst listed avid gamers, Max Life reported a wholesome 34.4% Retail APE enhance in Feb-24, bolstered by ~25% enhance in selection of particular individual insurance policies sold. IPRU Life persevered its enhance momentum at 33.9% Retail APE enhance for Feb-24, whereas HDFC Life and SBI Life well-known a sturdy 27.8% and 25.8% Retail APE enhance, respectively. Whereas the substitute is seeing solid enhance momentum in Feb-24, it is at risk of expose some enhance moderation in Mar-24 versus bumper sales in Mar-23 owing to taxation adjustments. Extra, Mar-24 enhance for particular individual avid gamers would largely be contingent on how solid enhance modified into as soon as in Mar-23. Given the conducive demography and economy, we live sure on the medium-term enhance outlook for the field. With handsome valuations, Life Insurance stocks continue to provide a favorable menace-reward steadiness.

• March 11, 2024 07:46
  

  Stock market dwell updates: SEBI legislation around SM REITs
  

  Views from . Aryaman Vir, CEO, WiseX- an true property-based entirely mostly alternate investments company: “We commend SEBI’s proactive stance on introducing rules on follow-on provides by REITs and InvITs with an purpose to bolster liquidity and investor participation in these sectors. The establishment of a sure framework in SM REITs by SEBI will pave one blueprint for enhanced opportunities in proper property funding section. As a pioneer in the fractional possession panorama, WiseX is at forefront in upholding the excellent standards of transparency and accountability. The amendments are in alignment of our core values of empowering our buyers with a plethora of secured funding avenues. This is a big jog in opposition to fostering innovation and excellence in the fractional possession substitute.”

• March 11, 2024 07:44
  

  Stock market dwell updates: INDIA LIFE INSURANCE: Person WRP for deepest avid gamers grows 20% YoY in Feb’24
  

  Motilal Oswal Monetary

  – In Feb’24, the Person weighted bought top class (WRP) for deepest avid gamers grew 20.0% YoY (a three-three hundred and sixty five days CAGR of 13.9%) vs. 19.0% YoY in Jan’24. For the substitute, Person WRP grew 18.0% YoY in Feb’24 (a three-three hundred and sixty five days CAGR of 11.1%) vs. 15.0% YoY in Jan’24. At some stage in Apr-Feb’24, deepest avid gamers’ WRP grew 9.2% YoY.

  – Amongst listed avid gamers, HDFCLIFE (alongside side Exide merger) posted a enhance of 27.8% YoY in Feb’24 (a three-three hundred and sixty five days CAGR of 20.5%). SBI Life clocked a solid enhance of 25.8% YoY in Feb’24. Bajaj Allianz/MAXLIFE/IPRULIFE recorded 34.2%/34.4%/33.9% YoY enhance.

  – Person WRP for LIC grew 13.3% YoY in Feb’24 (+6.6% YoY in Jan’24). Over Apr-Feb’24, Person WRP for LIC modified into as soon as flat YoY.

  – After reporting a solid enhance in Mar’23 aided by the taxation on INR0.5m+ top class (utilized from Apr’23), the substitute witnessed a rather muted efficiency over Apr-Jan’24. For the month of Feb’24, the substitute reported stellar enhance led by novel product launches in particular in annuities and pension segments. For Mar’24, given a solid deplorable, we quiz substitute to survey a decline. Nonetheless, SBILIFE will continue to fable a sturdy efficiency on a modest deplorable of Mar’23 and remains to be our most well liked pick in the condominium

• March 11, 2024 07:43
  

  Stock market dwell updates: JK LAKSHMI CEMENT: Accelerating the market footprint
  

  (JKLC IN, Mkt Cap USD1.3b, CMP INR892, TP INR1030, 15% Upside, Buy) Motilal Oswal Monetary

  Goals to lengthen grinding ability to 30mtpa by FY30 from 14mtpa for the time being

  – JK Lakshmi Cement (JKLC) is increasing its grinding ability to ~24mtpa/30mtpa by FY27E/FY30E from the existing 14mtpa (alongside side Udaipur Cement Work). Following the begin of its 3QFY24 earnings, JKLC introduced its subsequent phase of growth in the east and central regions (via a mix of brownfield and greenfield mode). Furthermore, JKLC has introduced an acquisition in the north-east plight with an purpose to broaden its market presence.

• March 11, 2024 07:42
  

  Stock market updates on the present time: GAIL (INDIA): Decarbonization, widening gasoline penetration live focal level areas
  

  (GAIL IN, Mkt Cap USD15b, CMP INR189, TP INR215, 15% Upside, Buy)

  Motilal Oswal Monetary

  – We visited the Vijaipur plant of GAIL (I) and had been joined by senior administration from the company, alongside side Shri R Ample Jain, Director Finance.

  – The administration highlighted two futuristic initiatives, which kind the cornerstone of the win zero and gasoline penetration recommendations; (a) the first entails a 4.3tpd inexperienced hydrogen mission, key to achieving decarbonization objectives and marking a big milestone in the company’s pursuit of a protracted-term target of 20% hydrogen mixing in natural gasoline, (b) GAIL (I) also highlighted the diminutive scale LNG mission (SSLNG), which the administration believes shall be instrumental in making improvements to LNG availability in underpenetrated areas.

  – We live sure on GAIL (I) because the capex cycle unwinds. The company has persevered to explore novel avenues for investments corresponding to inexperienced hydrogen, SSLNG, and even coal to gasoline/chemical compounds. At ~11x FY26 P/E and the fresh dividend yield of ~2%, we take into accout valuations live realistic. We tackle a BUY ranking on the stock.

• March 11, 2024 07:39
  

  Stock market updates on the present time: Ethos by Emkay World
  

  TEPA/Favre Leuba provide tall upside; outperforming retail peers

  TARGET PRICE (Rs) : 2,850

  Moats and macros are weaving favorable tales for Ethos, given visible enhance outperformance and upside from the signed Alternate and Financial partnership settlement (TEPA)/ramp-up of contain-designate Favre Leuba (FL). The signed TEPA provides elimination of the 22% custom responsibility step by step, in 7 annual instalments. We expect about many of the advantages ought to be shared by retailers and manufacturers, as shopper pricing is broadly same to global pricing. Our endure/bull case analyses imply 20%/50% TP upside. Alongside with this, ramp-up of FL heading in the correct course traces (35% CAGR) has possible to elevate our TP by one other 10%. As regards execution, outperformance is continuous as Ethos has well-known ~30% topline enhance in 9M vs. sub-10% for other classes love QSR, Apparel, and Sneakers. Ethos has also supplied most attention-grabbing-in-class medium-term outlook of 25% topline CAGR, backed by portion gains in novel explore retail and faster enhance in pre-owned/other luxurious classes/FL. Amplify in GST slab from the fresh 18% would perhaps per chance partly offset gains from the custom responsibility discount. We tackle Buy

• March 11, 2024 07:38
  

  Stock market updates on the present time: SEBI factors administrative warning to Vedanta
  

  SEBI factors administrative warning to Vedanta. The Regulator has asked the company to rob corrective steps to pork up internal migration sustain watch over for company bulletins. SEBI’s warning will manufacture no longer grasp any influence on monetary or other operations, the company said in a quiz to the stock exchanges

• March 11, 2024 07:34
  

  Stock market updates on the present time: Adani pulls out all stops to envision Dharavi slum rehabilitation tender
  

  Dharavi Redevelopment Project Pvt Ltd (DRPPL), the joint project between the federal government of Maharashtra and the Adani group, is pulling out all stops to incentivise residents and industrial establishments in the slum cluster to ease the resettlement and rehabilitation course of and establish it extra delicious to them. The $3 billion mission is scheduled to be finished in seven years. Be taught extra

• March 11, 2024 07:28
  

  Stock market updates on the present time: JSW Community, MG Motor India to roll-out first mannequin below novel JV
  

  Months after Sajjan Jindal-led JSW Community picking up stake in MG Motor India, the joint project is decided for first-ever begin in India with its most classy offering MG5 sedan in India on March 20. Be taught extra

• March 11, 2024 07:27
  

  Stock market updates on the present time: SEBI notifies rules for diminutive and medium REITs
  

  Securities and Exchange Board of India has notified the rules for diminutive and medium proper property funding trusts and specified that funding managers of such REITs ought to grasp a minimal win rate of ₹20 crore and the REITs can elevate no longer decrease than ₹50 crore from no longer decrease than 200 unit holders. Be taught extra

• March 11, 2024 07:10
  

  Stock market updates on the present time: Nifty and Bank Nifty Prediction for the week 11 Mar’24 to 15 Mar’24 by BL GURU
  

• March 11, 2024 07:05
  

  Stock market updates on the present time: This day’s Stock Advice: March 11, 2024
  

• March 11, 2024 07:04
  

  Stock market updates on the present time:
  

  DATE 07-03-2024

  NIFTY SPOT 22493 +19 (+0.09%)

  NIFTY FUT.MAR. 22552 VS 22602

  NIFTY PREMIUM MAR. +59 VS +128

  BANKNIFTY SPOT 47835 (-0.27%)

  BANKNIFTY MAR. 47958 VS 48115 

  FII DATA IN CRORE

  CASH FII +7304 & DII +2601

  INDEX FUT +821 STOCK FUT +3622 

  INDEX OPT -21735 STOCK OPT -149 

  FNO TOTAL NET -17440 

  u0009

  NIFTY HIGHEST OI (IN LACS)

  CALL WEEKLY MONTHLY MAR. 

  22500 -42, 23000 -33,

  23000 -34, 22500 -23,

  PUT WEEKLY MONTHLY MAR.

  22400 -39, 21000 -46, 

  22500 -36, 22000 -36, 

  NIFTY HIGHEST OI ADD (IN LACS)

  CALL WEEKLY MONTHLY MAR. 

  22500 +27, 23000 +01,

  23500 +21, 23200 +01, 

  PUT WEEKLY MONTHLY MAR.

  22500 +28, 21500 +03,

  22400 +25, 22500 +02,

  HIGHEST OI BANKNIFTY (IN LACS) WEEKLY

  CALL PUT 

  48000 +31, 48000 +20, 

  HIGHEST OI ADD TODAY (IN LACS) WEEKLY

  CALL PUT

  48000 +13, 39000 +11,

  PUT CALL RATIO

  NIFTY – 1.27

  BANKNIFTY- 0.91

  INDIA VIX

  13.61 VS 14.30

  NSE ADV/DEC. DATA

  Advances +1611

  Declines -989

  Unchang. 97

  52-WK H/L(NSE)

  HIGH- +81, LOW- -54,

• March 11, 2024 07:03
  

  Stock market updates on the present time: D B Realty Ltd name of company modified to ‘Valor Estate Ltd’
  

  The Central Processing Centre, Ministry of Corporate Affairs, vide the ‘Certificates of Incorporation pursuant to substitute of name’ dated March 8, 2024, has authorised the substitute of name of the Company from ‘D B Realty Shrimp’ to ‘Valor Estate Shrimp’ w.e.f. March 8, 2024.

• March 11, 2024 07:02
  

  Stock market updates on the present time: Securities in F&O Ban For Alternate Date 11-March-2024  
  

  • MANAPPURAM

  • MGL

  • SAIL

  • TATACHEM

  • ZEEL

• March 11, 2024 07:01
  

  Stock market updates on the present time: Researchbytes Analyst App
  

  https://play.google.com/store/apps/diminutive print?identification=com.intelegain.rb

  Recent Interview…

  As of 18:18 PM Thursday 07 March 2024

  Atul Auto: Jitendra Adhia, VP-Finance

  Atul Auto’s Volume Boost; To Make investments ?20 Cr In EV Subsidiary

  https://www.youtube.com/explore?v=tyLBBdNyE9U

  Metropolis Union Bank: N Kamakodi, MD & CEO

  Don’t Question Great Affect On Gold Mortgage Biz Due To Recent RBI Strikes On NBFCs: Metropolis Union Bank

  https://www.youtube.com/explore?v=3pTpPvRtRUc

  IIFL Securities: Harshvardhan Dole, Vice President

  Regulating Profits Of Metropolis Gas Entities Is No longer Something That Has Took place Ahead of: IIFL

  https://www.youtube.com/explore?v=Zr_WnA-o4-M

  KEI Industries: Anil Gupta, CMD

  Will Proceed With Income Boost Steering Of 17% for FY24 & FY25: KEI Industries

  https://www.youtube.com/explore?v=kvV3-HkYIsA

  Matrimony.com: Murugavel Janakiraman, Founder&CEO

  CCI Describe Is Very Sure And Costs Can no longer Be Compelled On App Builders: Matrimony.com

  https://www.youtube.com/explore?v=TZjJpDu9zh8

  Mahindra Life: Amit Kumar Sinha, MD CEO

  In discovering Zero Constructions Will Bring Down Emissions Enormously: Mahindra Lifespace

  https://www.youtube.com/explore?v=Fl13UAWK37k

  Nestle: Suresh Narayanan, Managing Director

  Nestlé India’s Chairman Optimistic About India’s Consumption Tale

  https://www.youtube.com/explore?v=UaexsjkMuQA

  Coforge: Sudhir Singh, CEO

  Impartial To Shut The Year With Orderbook Of Over $1 Billion’ | Sudhir Singh, CEO, Coforge

  https://www.youtube.com/explore?v=82FW3_NYbw8

  Suzlon Vitality: JP Chalasani, CEO

  Describe Pipeline Is Strong And Authorized Moderate Selling Attach Is ?6 Cr Per MW: Suzlon Vitality

  https://www.youtube.com/explore?v=eSdDiwkHu_U

  Shriram Properties: Murali Malyappan, MD

  9 Projects Lined Up For FY25; Having a take a look at At A Happy Boost: Shriram Properties

  https://www.youtube.com/explore?v=89aLJQKxTbY

  Occasions on the present time…

  https://www.researchbytes.com/Default.aspx?cc=match

  Outcomes on the present time…

  https://www.researchbytes.com/Default.aspx?cc=result

  Replays available in the market at www.researchbytes.com

• March 11, 2024 07:00
  

  Stock market updates on the present time: Fund Float Order: 7 March 2024
  

  Provisional Cash Rs. In Crs.

  FII/FPI: NET BUY: +7304.11 

  (22997.94 – 15693.83) 

  DII: NET BUY: +2601.81 

  (11886.95 – 9285.14)

• March 11, 2024 06:59
  

  Stock market updates on the present time: Snapshot of markets at shut last week
  

  Closing Bell:

  • Sensex: 74119.39(+33.40) 

  • Nifty 50: 22493.50 (+19.50) 

  • Nifty monetary institution: 47835.80(-129.60) 

  Nifty high 5 Gainers:

  • Tata steel: 157.25 (+5.65) 

  • TATA Cons. Prod: 1,261.55 (+41.50) 

  • Bajaj Auto: 8,879.05 (+273.25) 

  • Tata Motors: 1,039.30 (+21.65) 

  • JSW Metal: 830.00(+ 17.10) 

  Nifty high 5 losers:

  • M&M: 1,897.55 (-73.10) 

  • BPCL: 624.70 (-13.65) 

  • Reliance: 2,957.85 (-forty eight.15) 

  • Axis Bank: 1,111.forty five (-13.55 ) 

  • ICICI Bank: 1,087.95 (-9.15)

• March 11, 2024 06:57
  

  Stock market updates on the present time: Fundamental US listed stocks result calendar 11.03.2024
  

  Fable Biotech Corporation (Pre market) (Sector- Healthcare)

  Caseys Overall Stores, Inc. (Post market) (Sector- FMCG)

  Vail Inns, Inc. (Post market) (Sector- Hotel)

• March 11, 2024 06:57
  

  Stock market updates on the present time: Financial Calendar – 11.03.2024
  

  U.S. Daylight hours Saving Time Shift (American Markets to begin from 19.00 pm IST)

  No primary macro recordsdata

• March 11, 2024 06:46
  

  Stock market updates on the present time: Index Outlook: Sensex, Nifty 50: Bullish outlook remains intact
  

  The Nifty 50, Sensex and the Nifty Bank index continue to pass up. Certainly, the Nifty Bank index outperformed last week by rising over a per cent. On the charts, the outlook for the Indian benchmark indices remains sure. On the change hand, the Dow Jones Industrial Moderate has been coming down throughout the last couple of weeks. Be taught extra

• March 11, 2024 06:42
  

  Stock market updates on the present time: Movers & Shakers: Stocks that will undercover agent action this week
  

  Here’s what the charts teach about the shares of Amber Enterprises, Hitachi Vitality India and Rallis India Be taught extra

• March 11, 2024 06:41
  

  Stock market updates on the present time: Stocks to buy: Infibeam Avenues (₹40.15): BUY
  

  The stock has been in a solid uptrend. The 5.8 per cent upward push on Thursday last week signifies the resumption of the uptrend. The inverted head and shoulder sample on the on day by day foundation chart strengthens the bullish case. ​Be taught extra​

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