Stock Market LIVE Updates: GIFT Nifty indicates a firm start; US markets down, Asia trades mixed

Feb 27, 2024
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Sensex Today | Stock Market LIVE Updates: TCS, Eicher Motors, SBI Life Insurance, UltraTech Cement and Cipla are among the major gainers on the Nifty, while losers are ONGC, Axis Bank, Bharti Airtel, Power Grid Corporation and M&M.

February 27, 2024 / 09:30 am IST

  • Stock Market LIVE Updates: Sensex, Nifty open marginally lower; Paytm, Canara Bank, TCS gain

    Stock Market Today

    Moneycontrol.com

  • February 27, 2024 / 09:30 AM IST

  • February 27, 2024 / 09:29 AM IST

    Sensex Today | Zenith Drugs to list shares on NSE Emerge on February 27

    Zenith Drugs is set to debut on the NSE Emerge on February 27. The issue price has been fixed at Rs 79 per share. Its equity shares will be available for trading in trade for trade surveillance segment.

  • February 27, 2024 / 09:28 AM IST

    Sensex Today | Deem Roll Tech to debut on NSE Emerge on February 27

    Deem Roll Tech will list its equity shares on the NSE Emerge on February 27. The issue price is Rs 129 per share. Its equity shares will be available for trading in trade for trade surveillance segment.

  • February 27, 2024 / 09:24 AM IST

  • February 27, 2024 / 09:23 AM IST

    Stock Market LIVE Updates | Motilal Oswal View On Cello

    -Buy call, target Rs 1,100 per share

    -Strong brand equity and market penetration to fuel sustainable growth

    -Company is expected to post a robust revenue/EBITDA/adj PAT CAGR of 18 percent/23 percent/25 percent over FY23-26

    -Currently trading at 35x FY26 P/E with a RoE/RoCE of 32 percent/39 percent in FY26

    Key downside risks include volatility in key raw material prices

    -Key downside risks include dependence on third-party manufacturers & intensified competition

  • February 27, 2024 / 09:20 AM IST

    Stock Market LIVE Updates | Xpro India may raise up to Rs 1,500 crore via QIP, indicative price at Rs 1,101 per share, quoting Sources, reported CNBC-TV18.

  • February 27, 2024 / 09:20 AM IST

    NSE Volume Shockers

    Company CMP Chg(%) Today Vol 5D Avg Vol Vol Chg(%)
    CMS Info System 382.80

    -3.58%

    4.61m

    802,620.00
    474.00
    Karnika Ind 230.60

    4.99%

    136.00k

    24,000.00
    467.00
    Avro India 165.85

    8.68%

    375.45k

    467.00
    Uniparts India 610.05

    11.79%

    249.50k

    68,796.00
    263.00
    Jubilant Ind 1,363.15

    5%

    116.38k

    44,653.40
    161.00
    Indian Renew 155.40

    2.57%

    46.93m

    18,757,323.40
    150.00
    Hind Rectifiers 604.05

    7.47%

    59.12k

    24,762.60
    139.00
    Deep Energy Res 225.75

    9.64%

    219.96k

    109,156.40
    102.00
    Dhruv Consultan 99.95

    7.47%

    199.08k

    146,045.00
    36.00
    Devyani Int 155.65

    -4.1%

    7.72m

    36.00

  • February 27, 2024 / 09:19 AM IST

    CMS Info Large Trade | 4.2 crore shares (27.1% equity) worth Rs 1,594 crore change hands via block deals at Rs 375.30 per share, reported CNBC-TV18.

  • February 27, 2024 / 09:18 AM IST

    Stock Market LIVE Updates | JSW Energy gets LoA to set up 700 MW ISTS-Connected solar capacity from SJVN

    JSW Neo Energy Limited, a wholly owned subsidiary of JSW Energy, has received the Letter of Award for ISTS-connected solar capacity of 700 MW from SJVN Limited, against Tariff based Competitive Bid invited for setting up of 1,500 MW ISTS-connected Solar Power Projects.

  • February 27, 2024 / 09:17 AM IST

    Stock Market LIVE Updates | UBS View On TCS

    Upgrade to buy from neutral, target raised to Rs 4,700 per share from Rs 4,000 per share

    Company likely to lead its peers in revenue growth by 100-150 bps

    Company likely to lead its peers with improvement in margins in FY25

    Believe market is not pricing company’s lead to its peers in, given a divided consensus

    Stock remaining at lower end of its long-term trading premium vs peers

    Growth drivers include ramp-up of large deals such as BSNL, NEST, Aviva etc

    Growth drivers include revival in the BFSI segment

    Growth drivers include revival in cloud migration projects

    Growth drivers include continued managed services demand strength at ind level

  • February 27, 2024 / 09:17 AM IST

    Gainers and Losers on the BSE Sensex in the early trade:

  • February 27, 2024 / 09:16 AM IST

    Stock Market LIVE Updates | Paytm Payments Bank reconstitutes board, Vijay Shekhar Sharma steps down as part-time non-executive Chairman & board member of PPBL

    One 97 Communications’ Paytm Payments Bank (PPBL) has reconstituted its Board of Directors with the appointment of Ex-Central Bank of India Chairman Srinivasan Sridhar, retired IAS officer Debendranath Sarangi, former Executive Director of Bank of Baroda Ashok Kumar Garg, and retired IAS Rajni Sekhri Sibal. They have recently joined as Independent Directors on the board. The company has withdrawn its nominee from the Paytm Payments Bank board and Vijay Shekhar Sharma stepped down as Part-Time non-executive Chairman and board member.

  • February 27, 2024 / 09:15 AM IST

    Market Opens: Indian indices opened marginally lower on February 27.

    The Sensex was down 46.73 points or 0.06 percent at 72,743.40, and the Nifty was down 13.30 points or 0.06 percent at 22,108.70. About 1751 shares advanced, 824 shares declined, and 90 shares unchanged.

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