The trends of the major indices in the course of the week’s trading are given in the table below:
On Monday, 1449 stocks advanced, 2156 declined and 158 remained unchanged with advance decline ratio of 0.67, indicating a negative closing of stocks in broader markets on the Bombay Stock Exchange (BSE).
On NSE, 28 securities advanced and closed at new 52 week high whereas 136 securities sank to close at their new 52-week lows.
In sectoral indices, Nifty IT and Nifty PSU were among the biggest gainers. Nifty Energy, Nifty FMCG and Nifty Metal were among the biggest losers.
Indian rupee closed at 81.50/$ against previous close of 81.52/$.
Abu Dhabi’s IHC has invested $400 million in Adani Enterprises FPO.
UltraTech Cement will acquire 70% stake in Oman’s Duqm Cement for $2.25 million.
SRF has approved project for production of a range of speciality Fluoropolymers at a cost of Rs595 crore.
Welspun India has announced brand licensing agreement with The Walt Disney Company for UK & Europe regions.
Alkem Labs unit Enzene Biosciences raised Rs400 crore from Alkem Labs.
Infibeam Avenues brand CCAvenue became India’s first payment gateway player to process central bank digital currency for online retail payments.
HFCL received purchase orders aggregating to Rs206.67 crore.
Sun Pharma acquired three brands from Aksigen Hospital Care.
USFDA concluded inspection at Solara’s Visakhapatnam with zero observations.
Genus Power Infrastructures bagged order worth Rs2,855.96 crore
Hinduja Global Solutions received board approval for shares buyback worth Rs1,020 crore
In large trades, Max Financial 0.14% equity changed hands at Rs835.20 per share.
On Tuesday, 27 securities advanced and closed at new 52 week high whereas 87 securities sank to close at their new 52-week lows on the NSE.
On the BSE, 2443 stocks advanced, 1066 declined and 126 remained unchanged with advance decline ratio of 0.67, indicating a negative closing of stocks in broader markets.
In sectoral indices, Nifty IT and Nifty Pharma were among the biggest losers. Nifty Energy, Nifty PSU bank, Nifty Media, Nifty Auto and Nifty Metal were among the biggest losers.
Indian rupee closed at 81.92/$ against previous close of 81.50/$.
Adani Enterprises FPO was fully subscribed on final day with help of QIBs (Qualified Institutional Bidders) (1.0x) and NIIs (Non Institutional Bidders - High Net worth Individual) (3.3x).
Adani Ports & Special Economic Zone 2027 note dropped 6.2 cents on the dollar in Hong Kong after hitting fresh lows earlier.
Lupin received tentative US FDA nod for Dolutegravir, Emtricitabine & Tenofovir Alafenamide (DETAF) tablets which are used to treat HIV-1.
Vedanta has scrapped its plans to sell copper smelter unit in Tamil Nadu.
Amara Raja reported that fire broke out in one of its manufacturing unit located in Nunegundlapalli village, Chittoor District of Andhra Pradesh on Monday, January 30, 2023
Godrej Properties has purchased 89 acres of land in Khalapur, Maharashtra. The land offers a development potential of approximately 1.9 million square feet
KEC international has received orders worth Rs1,131 crore across various verticals, including transmission and distribution, civil and cables.
SRF board approved project for production of a range of specialty fluoropolymers at a cost of Rs 595 crore which will be financed through a mix of debt and internal accruals.
Kansai Nerolac Paints will sell its land in Thane admeasuring 96,180 square meters to Shoden Developers, a group company of House of Hiranandani for total Rs655 crore.
Inox Leisure reported that its merger with PVR will be completed in 30-40 days.
UltraTech Cement arm will acquire 70% stake in Duqm Cement Project International.
VRL Logistics approved the proposal to buy back up to 8,75,000 fully paid up equity shares at a price of Rs700 per share.
In large trades, Tata Motors 0.13% equity changed hands at Rs452 per share.
On Wednesday, the market indices ended flat on a volatile budget day. On the Bombay Stock Exchange (BSE), 2294 stocks advanced, 862 declined and 156 remained unchanged with advance decline ratio of 2.62, indicating a positive closing of stocks in broader markets.
On NSE, 44 securities advanced and closed at new 52 week high whereas 88 securities sank to close at their new 52-week lows.
In sectoral indices, Nifty IT and Nifty FMCG were among the biggest gainers. Nifty PSU Bank, Nifty Energy, Nifty Metal, Nifty Media and Nifty Infrastructure were among the biggest losers.
Indian rupee closed at 81.93/$ against previous close of 81.92/$.
Australia's corporate regulator will review a short-seller Hindenburg’s report that has flagged a wide range of concerns about India's Adani Group.
Dixon technology gained after duty on mobile phones components and Television sets lowered.
NCC has received order worth Rs1500 crore from state government agencies.
Adani Group stocks were under pressure as Credit Suisse halted margin loans on Adani bonds. Adani Enterprises, the flagship company fell the most, crashing 28%.
Dilip Buildcon received LOA for 2 HAM projects worth Rs1,373.6 crore.
Sterlite Technologies signed an agreement to sell its telecom product software business.
Lemon Tree Hotels has signed a license agreement for new hotel in Madhya Pradesh.
Cholamandalam Investment board approved to issue NCDs aggregating to Rs5,000 crore.
Government has collected Rs1.56 lakh crore as GST in January which is the second highest mop-up ever.
Jubilant Radiopharma a subsidiary of Jubilant Pharmova has received NDA approval for Technetium Mertiatide Injection.
In large trades, Syngene 9.97% equity changed hands at Rs560 per share.
On Thursday, 43 securities advanced and closed at new 52 week high whereas 116 securities sank to close at their new 52-week lows at the NSE.
On the Bombay Stock Exchange (BSE), 1654 stocks advanced, 1846 declined and 127 remained unchanged with advance decline ratio of 0.89, indicating a negative closing of stocks in broader markets.
In sectoral indices, Nifty FMCG and Nifty IT were among the biggest gainers. Nifty Metal, Nifty Energy and Nifty Pharma were among the biggest losers.
Indian rupee closed at 82.17/$ against previous close of 81.92/$.
Adani Group’s market cap has declined around 60% from its record high and currently down nearly 50% since January 24.
Kalpataru Power has received new orders worth Rs2,456 crore. Ion Exchange has bagged contract worth Rs726.1 crore from Indian Oil.
Mahindra and Mahindra updated on scheme of merger by absorption of Mahindra electric mobility with the company.
HSBC Global AMC has sold 0.37% stake in India bulls housing finance via open market on January 30.
Deepak fertilizers and petrochemicals signed a supply proposal for purchase of Natural Gas from Gujrat State Petroleum Corporation Ltd. for a period of three years effective from 1st May 2023.
Rail Vikas Nigam received an order worth Rs41.78 crore provision of automatic block signalling in Nagari-Taduku section and replacement of EI/RRI at Vepagunta station of Chennai Division in Southern Railway.
RailTel has received an order worth Rs253.35 crore for provisioning of 4G LTE connectivity for offsite 15,000 ATMs and maintenance for five years.
Tata Steel bought 29.98 crore shares in subsidiary Tata Steel Utilities and Infrastructure Services for Rs58 crore.
Kamat Hotels has settled its dues of Rs274.60 Crores with various Asset Reconstruction Companies (ARC).
Craftsman Automation has completed acquisition of 76% stake in DR Axion India.
State-run Oil marketing companies received Rs30,000 crore for capital support.
ISGEC Heavy Engineering has received an order for 500 KLPD ethanol plant on syrup, and 100 KLPD ethanol/Extra Neutral Alcohol (ENA) plant on grain on turnkey basis from Panchganga Sugar and Power Private Limited, Maharashtra.
On Friday, the major indices rebounded Sensex jumped 909.64 points and Nifty Ended above 17,850.
On the Bombay Stock Exchange (BSE), 1344 stocks advanced, 2200 declined and 124 remained unchanged with advance decline ratio of 0.61, indicating a negative closing of stocks in broader markets.
On NSE, 46 securities advanced and closed at new 52 week high whereas 162 securities sank to close at their new 52-week lows.
In sectoral indices, Nifty PSU bank, Nifty Auto and Nifty Infrastructure were among the biggest gainers. Nifty Metal, Nifty Energy and Nifty Pharma were among the biggest losers.
Indian rupee closed at 81.83/$ against previous close of 82.17/$.
Dredging Corp has bagged order worth Rs204 crore from Ministry of Ports, Shipping & Waterways.
Adani Enterprises will be out of Dow Jones Sustainability Indices.
SEBI allows Abrdn Investment to sell stake in HDFC AMC.
Inox Green will buy 51% stake in I-Fox Windtechnik for Rs35,947.71 per share.
In Large trades, Adani Enterprises 0.3% equity changed hands at price of Rs1,170 share.
