Share Market HIGHLIGHTS: Sensex up 655 pts, Nifty reclaims 22,327 amid broad-based rally
Share Market Today LIVE: Domestic equity benchmarks Nifty 50 and Sensex surged about 1.5 per cent amid a broad-based rally on Dalal Street on Thursday, March 28, the last session of the financial year FY24. In afternoon deals, financial, auto, IT and oil & gas shares were the biggest contributor to the rise in headline indices.
Catch minute-by-minute updates of all the day's action on Dalal Street, market commentary and analysis, the views of Zee Business Managing Editor Anil Singhvi and other experts, stock recommendations, and much more only on Zeebiz.com's blog:
Share Market Today LIVE: Domestic equity benchmarks Nifty 50 and Sensex surged about 1.5 per cent amid a broad-based rally on Dalal Street on Thursday, March 28, the last session of the financial year FY24. In afternoon deals, financial, auto, IT and oil & gas shares were the biggest contributor to the rise in headline indices.
Catch minute-by-minute updates of all the day's action on Dalal Street, market commentary and analysis, the views of Zee Business Managing Editor Anil Singhvi and other experts, stock recommendations, and much more only on Zeebiz.com's blog:
Latest Updates
Share Market Today: Sensex ends 655 pts higher, Nifty leaps to 22,327; Bajaj twins, Grasim, Hero MotoCorp rise most among 45 Nifty gainers
Share Market Today LIVE: Latent View Analytics shares zoom; what's driving the stock?
Latent View shares are up 11.1 per cent for the day at Rs 512.9 apiece on BSE, having gained as much as 12.2 per cent to Rs 517.9 apiece in intraday trade so far.
Share Market Today LIVE: Buy Ramkrishna Forgings shares, says Vikas Sethi
Vikas Sethi of Sethi Finmart recommends buying Rishabh Instruments shares for a short-term target of Rs 460 with a stop loss at Rs 418.
Tata Technologies shares hit 52-week low, trade below listing price of Rs 1,200
Shares of Tata Technologies slipped in Thursday's trade and hit their 52-week low of Rs 1,020 apiece on the BSE. The stock fell 14.5 per cent lower from its listing price of Rs 1,200.
At 1:22 p.m., Tata Technologies stock traded 0.15 per cent lower, at Rs 1,027.15 apiece on the BSE. The market capitalisation of the company at around the same time stood at Rs 41,668.24 crore.
Share Market Today LIVE: Buy LIC stock, says Mehul Kothari
Mehul Kothari of Anand Rathi Shares & Stock Brokers has a 'buy' call on PSU insurance giant LIC's shares.
Kothari has placed his target for Life Insurance Corp shares at Rs 1,000 with a stop loss at Rs 888.
Share Market Today LIVE: Buy Ramkrishna Forgings shares, says Vikas Sethi
Vikas Sethi of Sethi Finmart recommends buying Ramkrishna Forgings shares for a short-term target of Rs 730 with a stop loss at Rs 670.
The stock currently stands at Rs 700.7 apiece on BSE, up 0.8 per cent for the day.
Share Market Today LIVE: S&P BSE Power, S&P BSE Capital Goods top gainers among NSE's sectoral indices, up 2%
| Index | Current value | Change (%) |
| S&P BSE Commodities | 6,652.39 | 1.51 |
| S&P BSE Consumer Discretionary | 8,645.76 | 1.35 |
| S&P BSE Energy | 12,075.28 | 1.33 |
| S&P BSE Fast Moving Consumer Goods | 19,418.32 | 1.16 |
| S&P BSE Financial Services | 10,366.93 | 1.45 |
| S&P BSE Healthcare | 35,112.77 | 1.35 |
| S&P BSE Industrials | 12,680.98 | 1.53 |
| S&P BSE Information Technology | 35,851.05 | 1.13 |
| S&P BSE Telecommunication | 2,500.70 | 0.83 |
| S&P BSE Utilities | 5,476.34 | 1.93 |
| S&P BSE AUTO | 49,496.27 | 1.92 |
| S&P BSE BANKEX | 53,776.26 | 1.31 |
| S&P BSE CAPITAL GOODS | 61,202.23 | 1.97 |
| S&P BSE CONSUMER DURABLES | 52,361.93 | 1.16 |
| S&P BSE METAL | 28,357.55 | 1.68 |
| S&P BSE OIL & GAS | 27,877.29 | 1.7 |
| S&P BSE POWER | 6,734.45 | 2.19 |
| S&P BSE REALTY | 7,120.09 | 0.69 |
| S&P BSE TECK | 16,187.12 | 1.11 |
| S&P BSE Services | 1,382.77 | 0.97 |
Share Market Today LIVE: Buy Bank of Baroda shares, says Sumeet Bagadia
Sumeet Bagadia of Choice Broking suggests buying the PSU bank's stock for targets of Rs 272 and Rs 276 with a stop loss at Rs 258.
Share Market Today LIVE: JM Chemicals & Pharma shares, says Sandeep Jain
Sandeep Jain of Tradeswift Broking is bullish on JB Chemicals & Pharma, a stock he recommends as his Wealth Creation pick.
He suggests buying JB Chem & Pharma shares for targets of Rs 1,870 and Rs 1,950.
Share Market Today LIVE: Sensex soars nearly 1,050 pts to touch 74,046, Nifty50 crosses 22,450 amid broad-based gains
Both headline indices jump around 1.5 per cent amid a broad-based rally on Dalal Street.
The Sensex rises as much as 1,049.3 points to touch 74,045.6 on the upside and the Nifty50 climbs to as high as 22,457.5, up 333.9 points from its previous close.
Dr Reddy's Labs enters into distribution partnership with Sanofi India; stock rises
Shares of Dr Reddy's Laboratories gained over 2 per cent in Thursday's trade, touching the day's high of Rs 6,185 on BSE. The buying interest in the stock came after Dr Reddy's entered into a distribution partnership with Sanofi Healthcare.
As of 11:04 a.m., shares of Dr Reddy's Laboratories traded 1.65 per cent or Rs 99.5 higher, at Rs 6,147.1 apiece on BSE. The market capitalisation of the company at around the same time stood at Rs 1,02,379.92 crore.
This small-cap luggage manufacturer gains 15%; what is fuelling the rally?
Shares of VIP Industries, the luggage manufacturer, gained nearly 15 per cent in Thursday’s session (March 28) to Rs 534.15 after the company’s new MD, Neetu Kashiramka, shared the future outlook at the company’s analyst day on Wednesday.
At 10:30 am, shares of the company traded higher by 11.47 per cent at Rs 519 apiece on the BSE.
Vikas Organics bags order worth Rs 165 million - details
Vikas Organics, a subsidiary of high-end speciality chemicals manufacturer Vikas Ecotech, has received the largest-ever export order. According to an exchange filing, the order, worth Rs 165 million approx, is for vinyl plasticizers.
"The order is a variable price contract, which covers regular supplies to the renowned Yusuf Bin Ahmed Kanoo Group of KSA over the coming months," the company said in the filing.
Tata Consumer Products, Britannia, HUL: Nifty FMCG index jumped 18% in 12 months; what lies ahead?
Nifty FMCG, the sectoral index, which is designed to reflect the behaviour of Indian fast-moving consumer goods (FMCG) companies, has gained over 18 per cent in the past one year on the back of resilience in Indian consumer demand, driven by a growing middle-class and increasing urbanisation. Analysts, by and large, remain positive about the space and suggest investing in the stocks from a long-term perspective; however, there are risks one should be mindful of.
Alkem Labs slides nearly 3% after USFDA raises 10 objections for its Baddi plant
Alkem Labs slipped nearly three per cent on BSE on Thursday (March 28, 2024) after the USFDA raised 10 objections for the pharma company's manufacturing facility at Baddi, Himachal Pradesh, and issued Form 483.
The pharma stock closed at Rs 4999.00 on Wednesday and started the session on Thursday at Rs 4889.60.