Indian stock market open in green trade in same trend till
end and Nifty 50 today closed at 21,654.75 (213.4, 1%), BSE Sensex today closed
at 72,038.43 (701.6, 1.0%) while the broader Nifty 500 today closed at 19,296.95 (148.1, 0.8%), Indian
stock market maintained their gains and after 1:30 PM Nifty gain +168 and made new all
time high of 21673. This close also marked all time high closing and start of
new trend which could may end till 22,200 Index point. The Indian volatility index,
Nifty VIX, rose 6% and closed at 15.6 points. In commodities market Gold Today
trading in green at 63370 , Crude Oil is Mild low in Intraday trading. There
only 2 Days of trading Is left we will soon publish the Year prediction of
sector with expected target.
Indian Stock Market News
1. Aarti Industries touched
its 52-week high and closed 1.7% higher after securing a long-term supply
contract with a global agrochem major, offering a revenue potential of nearly
Rs 3,000 crore.
2. 3M India surges over 10%
to an all-time high of Rs 34,799.9 and ranks high on Trendlyne's checklist with
a score of 77.3%. The stock is in the strong buy zone. It appears in a screener
of stocks with improving cash flow from operations.
3. Suzlon Energy rises as it
receives an order for its 3 MW series generators, amounting to 100.8 MW, from
Mahindra Susten. The company appears in a screener of stocks with growing net
profit and margins.
4. Aurobindo Pharma rises as
its subsidiary Eugia Pharma Specialities receives US FDA approval to
manufacture and market Posaconazole Injection. The drug is used in the
treatment of fungal diseases in adults and has a market size of $25.4 million
(Rs 211.6 crore).
5. NBCC rises as it bags an
order worth Rs 150 crore from Steel Authority Of India (SAIL) ISP, Burnpur for
civil and various types of infrastructure works in the plant and township.
6. Cupid rises to an all-time high of Rs 1,016.2 as Universal-Halwasiya Group acquires an additional 26% stake (35 lakh shares) for Rs 325 per share, amounting to Rs 113 crore.
7. Larsen & Toubro's
construction arm wins an engineering, procurement and construction order worth
Rs 5,000-10,000 crore to establish renewable energy generation, power utilities
and water systems for an ultra-luxury tourism destination in Saudi Arabia.
8. Kansai Nerolac Paints rises to a new 52-week high of Rs 357.3 as it plans to sell a land parcel worth Rs 726 crore in Mumbai's Lower Parel to Aethon Developers.
9. SJVN jumped 1.5 percent on
December 27 on bagging a 100-MW solar power project from Gujarat Urja Vikas
Nigam Limited (GUVNL). The state-run company has secured the 100-MW solar power
project from Gujarat Urja Vikas Nigam (GUVNL) worth Rs 2.63 per unit on a
build, own and operate (BOO) basis, it said in a BSE filing on December 26.
However, Goldman Sachs has given hydroelectric power producer SJVN a double
downgrade to ‘sell’ from ‘buy’ in a recently released report with a target
price of Rs 65.
10. Kansai Nerolac Paints rises to a new 52-week high of Rs 357.3 as it plans to sell a land parcel worth Rs 726 crore in Mumbai's Lower Parel to Aethon Developers.
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