HomeNewsBusinessStocksStock Market LIVE Updates: Sensex up 130 pts, Nifty around 25,250; FMCG, IT gain, metals drag
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Sensex Today | Stock Market LIVE Updates: Gujarat Gas, Gujarat State Petronet, HDFC Bank, Bajaj Finance and Reliance Industries are among the most active shares on the NSE. On the sectoral front, except FMCG and IT, all other indices are trading in the red. BSE Midcap index down marginally, while BSE Smallcap index sheds 0.5 percent.
September 02, 2024 / 13:52 IST
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Stock Market Today
Moneycontrol.com
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September 02, 2024 / 01:52 PM IST
August auto sales numbers indicate mixed trend
Two-wheelers and premium cars see sustained demand, while Ola Electric faces stiff competition…Read More
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September 02, 2024 / 01:50 PM IST
Brokerage Call | Jefferies keeps ‘underperform’ rating on Gujarat Gas, target Rs 450
#1 Integration of GSPC’s gas trading business will improve companyâs margin profile
#2 Earnings volatility will rise, implying a lower valuation multiple
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September 02, 2024 / 01:30 PM IST
Stock Market LIVE Updates | Nifty IT index the only sector in green; Nifty Metal index worst hit
NSE Indian Indices Performance
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September 02, 2024 / 01:17 PM IST
Stock Market LIVE Updates | Grindwell Norton receives GST order for payment of tax and penalty amounting to Rs 16.94 lakhs
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September 02, 2024 / 01:14 PM IST
IPO Check | Gala Precision Engineering IPO subscribed 4.43 times on Day 1
QIB â 0.45 times
NII – 6.34 times
Retail â 5.80 times
Employee Reserved – 19.91 times
Overall â 4.43 times
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September 02, 2024 / 01:13 PM IST
IPO Check | Baazar Style Retail IPO subscribed 2.83 times on Day 2
QIB â 0.71 times
NII – 6.05 times
Retail â 2.62 times
Employee Reserved – 15.24 times
Overall â 2.83 times
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September 02, 2024 / 01:12 PM IST
Brokerage Call | InCred keeps ‘buy’ on Bajaj Finance, target Rs 9,000
#1 Prefer Bajaj Finance amid superior growth, conservative underwriting & top-notch return ratios
#2 Believe asset quality concerns over rural distress for company are overdone
#3 Expect a positive surprise with a better-than-expected revival in rural India
#4 Listing of housing arm & comfortable valuation, have added company to high-conviction list
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September 02, 2024 / 01:10 PM IST
Stock Market LIVE Updates | Indian Hume Pipe stock hits all-time high on securing Rs828-crore work order
Shares of Indian Hume Pipe soared by an impressive 14 percent to reach a record high of Rs 613 on September 2, following the announcement of a significant Rs 828 crore work order from the Tapi Irrigation Development Corporation in Jalgaon, Maharashtra.
Indian Hume Pipe specialises in the manufacturing, laying, and jointing of pipelines. The company is also involved in infrastructure development projects, executing turnkey water supply initiatives. Additionally, it produces and supplies concrete railway sleepers to Indian Railways.
The newly secured order encompasses engineering, procurement, and construction (EPC) services, along with trial runs, testing, and commissioning of a gravity-piped distribution network. This network is designed to irrigate a 26,907-hectare area under the Jamphal Dam as part of the Sulwade Jamphal Kanoli lift irrigation project in the Shindkheda taluka of the Dhule district. Read More
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September 02, 2024 / 01:09 PM IST
HPCL, BPCL shares hit 52-week high as Brent crude prices cool down
Brent crude prices have dropped nearly 7 percent in five sessions, driven by weak demand from China and expectations of increased OPEC+ production in October to offset Libya’s output decline….Read More
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September 02, 2024 / 01:07 PM IST
Sensex Today | BSE Smallcap index down 0.5%; Insecticides, Jindal Stainless among major losers
BSE SMALLCAP Top Stock Losers (Intra-day)
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September 02, 2024 / 01:04 PM IST
Markets@1 | Sensex, Nifty off day’s high
The Sensex was up 83.93 points or 0.10 percent at 82,449.70, and the Nifty was up 19.40 points or 0.08 percent at 25,255.30.
Advance/Decline (Intra-day)
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September 02, 2024 / 12:58 PM IST
Sensex Today | Gulf Oil Lubricants India stock rises as Investec initiates coverage with ‘buy’
Shares of Gulf Oil Lubricants India surged over 3 percent to Rs 1,464 in early trade on September 2 after Systematix initiated a “Buy” rating on the stock with a target price of Rs 1,700, citing strong growth prospects. The new price target has an implied upside of 20 percent from the current market levels.
The brokerage highlighted that Gulf Oilâs market share in the lubricants segment is expected to grow consistently, supported by the companyâs strategic entry into the electric vehicle (EV) segment and DC cooling liquids. These initiatives are seen as key drivers for long-term growth. Read More
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September 02, 2024 / 12:54 PM IST
Stock Market LIVE Updates | Rossell India shares gain on scheme of arrangement approval
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