Produced by: Aseem Thapliyal
Designed by: Mohsin Shaikh
Indian equity benchmarks were trading lower in early deals today. The 30-share BSE Sensex pack fell 589 points to 67,008, while the NSE Nifty lost 169 points to 19,964
VK Vijayakumar, Chief Investment Strategist at Geojit Financial Services said, “There are too many challenges for the market in the near-term. Brent crude at $94, the dollar index above 105, the 2-yr US bond yield at 5.09 percent and the INR at record lows against the dollar are strong headwinds. Investors may adopt a cautious strategy of staying with high quality large-caps.”
Shares of NBCC (India) rose 4% today after the state-owned civil construction firm won an order worth Rs 150 crore from Khadi & Village Industries Commission (KVIC). NBCC stock gained 4.08% to Rs 61.10 in early deals on BSE. Total 12.67 lakh shares of the firm changed hands amounting to a turnover of Rs 7.65 crore on BSE
GMR Power shares fell 5% to Rs 43.98 in early deals today. The correction comes a day after the stock closed at a 52-week high of Rs 46.29. The stock ended 9.98% higher on Monday against the previous close of Rs 42.09 on BSE
HDFC Bank shares fell over 3 per cent to Rs 1575.15 in early trade after downward revisions in target prices as analysts factored in negative surprises following the lender's Analyst Meet. Market capitalisation (m-cap) of the bank fell below the Rs 12 lakh crore mark
Shares of Blue Star zoomed 15% to a record high of Rs 920 in early trade after the company launched a qualified institutional placement (QIP) issue on September 18 to raise funds. Total 1.15 lakh shares of the firm changed hands amounting to a turnover of Rs 10.22 crore on BSE. Market cap of the firm rose to Rs 17,365.39 crore
Shares of Agi Greenpac rose to fresh 52 week high of Rs 885 in early trade. The stock was the top BSE gainer today rising over 18% on BSE. Total 1.56 lakh shares of the firm changed hands amounting to a turnover of Rs 13.21 crore on BSE. Market cap of the firm rose to Rs 5661.02 crore
Shares of RR Kabel made a strong debut on Wednesday as the stock got listed at Rs 1,180, a premium of 14 per cent on the National Stock Exchange (NSE), compared to its issue price of Rs 1,035. Similarly, the stock started trading at Rs 1,179 on BSE
Shares of Indian Railway Finance Corporation were among the stocks with top turnover on BSE today. A total of 50.89 lakh shares of the firm changed hands amounting to a high turnover of Rs 39.47 crore on BSE. IRFC stock rose 3.68% to Rs 79.40 in early deals. The market cap of the firm climbed to Rs 1.02 lakh crore
Shares of YES Bank fell 2.37% to Rs 18.15 in early deals today. The market cap of the lender slipped to Rs 52,423 crore. Volumes were high with a total of 162.12 lakh shares of the firm changing hands amounting to a turnover of Rs 29.68 crore on BSE
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