Monday, 1 January 2024

Indian Stock Market News I Nifty and Bank Nifty Update I Stock With Top News

 #Indian Stock market Celebrated New year with high volatile day  with other event too , #Nifty and #Sensex touched new all time High ,Nifty  Fall of 132 point  in last 30 min of trading. Nifty and #Sensex both opened with  negative points , after couple candles Indian stock market start gaining Nifty made high of 21834 and sensex made high 72561 before it start the fall , At the end Nifty made gain of 10 points  and Sensex made gained of 36  point. Tuesday could continue the fall which was started from 3 pm on date 01/01/24 and Indian stock market could further fall to 21516  / 21439. (Nifty 50) , In case of Bank Nifty 47934 / 47700 will act support.

nifty ,Trading , indian stock market

#Mahindra and Mahindra went down 1.58 percent after the company reported a weak 6 percent increase in December sales, selling 60,188 units.

#Yes Bank stock surged 4.66 percent after the bank received Rs 150 crore from a single trust in security receipts portfolio after the NPA portfolio sale.

#Vodafone Idea rallied with strong volumes as the street awaits fundraising plans for the struggling telecom company. The stock went up nearly 6 percent. 188 crore shares exchanged hands compared to the weekly average of 69 crore.

#GMR Power and Infra went up 3 percent intraday after the company extended corporate guarantees to Indian Renewable Energy Development Agency (IREDA) for Rs 228 crore on December 30. However, the stock reversed its gains and ended up in the red as it closed 3.29 percent down.

#Bajaj Auto fell 1.46 percent after the company reported a 16 percent growth in total sales in December 2023, lagging behind analyst estimates of 25 percent.

#BHEL gained 2.09 percent after reports emerged that the company won a Rs 19,422-crore job from NLC for a Talabira project, beating L&T.

#SJVN went up 1.92 percent after the company successfully launched the 75MW Gurhah solar power plant in Uttar Pradesh.

#Bondada Engineering went up 5 percent and hit the upper circuit after the company decided to pick up 60 percent stake in Atpole Technologies for Rs 2.19 crore.

#Ramky Infrastructure surged 2.67 percent after the company said that it had repaid a debt of Rs 755 crore, and got an extension of the due date for repayment of the balance of Rs 516.02 crore.

#RPP Infra Projects gained 5 percent and got locked in the upper circuit after the company won three new construction orders worth Rs 183.59 crore, for integrated storm-water drain projects in Greater Chennai Corporation's expanded areas.

 

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