Nifty, Sensex Continue to Remain Bullish - Thursday Closing Report
Moneylife Digital Team 16 November 2023
On Thursday, 2011 stocks advanced, 1740 declined and 123 remained unchanged, with an advance decline ratio of 1.15 on the Bombay Stock Exchange (BSE), indicating positive closing of stocks in broader markets. The trend of the major indices on Thursday’s trading is given in the table below
On NSE, 70 securities advanced and closed at a new 52-week high whereas 18 securities sank to close at their new 52-week lows.  In sectoral indices, with Nifty PSU Bank and Nifty FMCG were among the biggest losers. Nifty IT Pharma, Nifty Pharma and Nifty Pharma were among the biggest gainers.
IndiGo's (+0.94%) market share has dipped to 62.6% from 63.4% in October from the previous month, according to viation data released by the DGCA India.
Shilpa Medicare (-3.37%) acquired Pilnova Pharma Inc in the US.
Ashok Leyland (-0.20%) announced its plans to strengthen its LCV presence in Eastern India with a focus on West Bengal.
Tata Passenger Electric Mobility (TPEM) and Jaguar Land Rover ( JLR ) announced platform-sharing partnership to accelerate development of TPEM's premium pure electric series Avinya.
DreamFolks (+8.51%) introduced travel SIM services for one of the leading Clients.
KPI Green Energy (+10.00%) received new order of 2.10 MW capacity under wind-solar hybrid power project under CPP segment.
RIR Power Electronics (+2.54%) has received approval from Government of Odisha for investing Rs510.80 crore for establishment of manufacturing, fabrication & packaging facility for Silicon Carbide devices at Info Valley, Odisha.
TCS (+2.75%) Launched New Gen AI-Powered Cyber Insights Platform on Amazon Security Lake.
Zydus Life (+1.72%) and Guardant Health will jointly promote the Guardant360 portfolio of next-generation genomic tests for advanced solid cancers in India and Nepal.
The top gainers and top losers of the major indices are given in the table below:
The closing values of the major Asian indices are given in the table below:
Network People Services Technologies: Strong Growth & Margins
Moneylife Digital Team 13 November 2023
Network People Services Technologies Ltd (NPST), listed on the SME segment of the National Stock Exchange, provides software and mobility solutions to banking and finance sector focusing on mobile banking applications, digital...
FPIs Pulling Out of stocks but Stepping Up Investments in Debt Instruments: NSDL
IANS 13 November 2023
Foreign portfolio investors (FPIs) continue to pull out money from the Indian equity markets in November but have stepped up investment in debt instruments resulting in a net inflow of foreign funds to the tune of Rs1,525 crore as...
Tube Investments: Facing Headwinds
Moneylife Digital Team 13 November 2023
Tube Investments of India Limited (TII) posted its highest-ever consolidated revenue in FY22-23 which was up 19% year–on-year (y-o-y) to reach Rs14,965 crore. TII is a Murugappa group company, one of India’s leading manufacturers of...
Weekly Moneylife Indices & Sector Trends
Moneylife Digital Team 10 November 2023
From 3rd November to 9 November 2023, ML Large-cap Index rose 2%. ML Mid-cap Index, ML Small-cap Index, ML Mega-cap Index, the NIFTY, ML Micro-cap Index and the Sensex rose 1% each.
Free Helpline
Legal Credit