Benchmark indices Nifty50, Sensex were trading flat in afternoon deals on July 12, 2023. Reliance Industries, ONGC, SBI, Coal India, Kotak Bank were among the top gainers, while Infosys, Ultratech Cement, HUL, Hero MotoCorp were among the laggards. Check the buzzing stocks
Shares of Delta Corp Ltd crashed 28% intraday today to an intraday low of Rs 175.65 on NSE after the GST Council imposed a levy of 28% GST on online gaming, horse racing, and casinos. Market cap of Delta Corp declined to Rs 5,177 crore in the current session
SpiceJet share price declined 11% intraday to touch an intraday low of Rs 26.50 on NSE today after reports of the aviation regulator DGCA putting the company under enhanced surveillance after the budget airline flew into multiple financial headwinds in recent months. The carrier has, however, refuted any such development
Shares of Paytm jumped more than 6% to touch an intraday high of Rs 866.40 on NSE today. The stock has risen more than 60% so far this year. This has attracted the attention of leading brokerages like Morgan Stanley, BofA Securities and Citi. These brokerages have given positive rating to Paytm shares. Citi has raised Paytm share price target to Rs 1,160 per share in long term
Jammu & Kashmir Bank shares gained 4% to touch 52-week high of Rs 72.15 on NSE after the lender said that it was planning to raise funds. At a meeting scheduled on July 15, the bank's board will review the proposal of raising capital. No clarity is given though on how the funds will be raised
Shares of Marksans Pharma jumped around 10% on Wednesday to hit an intraday high of Rs 103 on NSE after the company received final approval from the US Food and Drug Administration for its abbreviated new drug application for Acetaminophen and Ibuprofen tablets, 250 mg/125 mg, over the counter bioequivalent of Advil Dual Action tablets 250 mg/125 mg
Shares of Mazagon Dock Shipbuilders, a premier war-shipbuilding yard producing warships for the Indian navy, jumped more than 5% today to hit a new all-time high of Rs 1,723.00 on NSE. The stock has doubled so far in the current year. According to analysts, the volume participation also looks very strong, which indicates strong buying interest, and one can look for a long opportunity at the current levels
Shares of Reliance Industries (RIL) rose over a per cent to hit their fresh 52-week high of Rs 2,799.90 on NSE. Mukesh Ambani-led RIL’s retain arm Reliance Retail Ventures, Jindal (India) Ltd, and Donear Industries-owned textiles maker GBTL Ltd have sent resolution plans to Future Enterprises Limited (FEL) under the corporate insolvency process
Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Business Today. Investors should consult their financial advisors before taking any position