Share Market HIGHLIGHTS: Sensex ends 191 pts higher, Nifty 3 pts shy of 22,100 as market extends winning run
Share Market HIGHLIGHTS: Domestic equity benchmarks Nifty 50 and Sensex continued to rise for the third trading session in a row on Friday, March 22, as Dalal Street headed into a long weekend owing to the Holi holiday on Monday, March 25.
Catch all the highlights of the March 22 session 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 HIGHLIGHTS: Domestic equity benchmarks Nifty 50 and Sensex continued to rise for the third trading session in a row on Friday, March 22, as Dalal Street headed into a long weekend owing to the Holi holiday on Monday, March 25.
Catch all the highlights of the March 22 session 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:
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Sensex ends 191 pts, Nifty 3 pts shy of 22,100 as market extends gains to third straight day
Share Market Today LIVE: Buy Berger Paints shares, says Sumeet Bagadia
Sumeet Bagadia of Choice Broking recommends buying Berger Paints shares for targets of Rs 570 and Rs 575 with a stop loss at Rs 545.
Share Market Today LIVE: Buy RPG Life, ITDC shares, says Sandeep Jain
Sandeep Jain of Tradeswift Broking is bullish on RPG Life shares.
For ITDC, his targets stand at Rs 825 and Rs 900.
Share Market Today LIVE: Buy Jubilant FoodWorks Rs 450 call option, says Jay Thakkar
Jay Thakkar of ICICI Securities suggests buying the Rs 450 call option of Jubilant FoodWorks at Rs 5.7 for targets of Rs 11 and Rs 13 with a stop loss at Rs 2.65.
Share Market Today: Buy Apollo Hospitals futures, says Sandeep Wagle
Sandeep Wagle of Sandeep Wagle Advisory Services suggests buying Apollo Hospitals futures for a target of Rs 6,550 with a stop loss at Rs 6,310.
Currency Market Update: Rupee hits three-month low vs dollar
The rupee is currently quoting at 83.35 against the greenback, depreciating for the fifth session in a row.
The Indian currency, sliding below the 83.30 mark for the first time since December 14, is on course to finish the week with a loss of 0.5 per cent.
Image: Pexels
Share Market Today LIVE: Buy ASK Automotives shares, says Vikas Sethi
Vikas Sethi of Sethi Finmart has a 'buy' call on ASK Automotives sahres.
Sethi has placed his target at Rs 290 with a stop loss at Rs 260.
Share Market Today LIVE: Accenture guidance cut puts current Indian IT FY25 growth estimates at risk, says JM Financial Institutional Securities
JM Financial Institutional Securities points out that all available guidances by global peers point to a growth deceleration in CY24, a trend underlined by Accenture's action.
On Thursday, Accenture cut its fiscal 2024 revenue forecast, dashing hopes of a rebound in demand recovery.
Read more on what Accenture's guidance cut means for Indian IT sector
Share Market Today LIVE: Buy Datamatics shares, says Vikas Sethi
Vikas Sethi of Sethi Finmart suggests buying the Datamatics stock for a target of Rs 565 with a stop loss at Rs 525.
Share Market Today LIVE: Buy DMart shares, says Chandan Taparia
Chandan Taparia of Motilal Oswal Financial Services has a 'buy' call on Avenue Supermarts (DMart).
Taparia has placed his target for the retail chain operator at Rs 5,000 with a stop loss at Rs 3,900.
His target implies an upside of 20.2 per cent in the stock from its previous close.
Share Market Today LIVE: Buy PFC shares, says Sumeet Bagadia
Sumeet Bagadia of Choice Broking recommends buying PFC shares for targets of Rs 405 and Rs 410 with a stop loss at Rs 380.
Share Market Today LIVE: Centre rejects Hindustan Zinc plan to split company
The mines ministry has rejected a proposal by Vedanta group firm Hindustan Zinc to split the company into different entities, according to Mines Secretary VL Kantha Rao.
"We have not agreed to the proposal," he says.
The government is the largest minority shareholder in Hindustan Zinc, owning a 29.54 per cent stake in the company.
HZL shares are left with a gain of 0.9 per cent for the day at Rs 296.8 apiece, after rising as much as 1.3 per cent to Rs 297.8 apiece during the session so far.
Share Market Today LIVE: Welspun Corp shares up 2%; here are the latest triggers
The stock of Welspun Corp, a manufacturer of steel and plastic products, is up 2.3 per cent at Rs 536.2 apiece, having gained as much as 3.9 per cent to Rs 544.9 apiece in intraday trade.
Since February 6, the company has received line pipe orders worth Rs 2,039 crore in the domestic as well as US markets, according to a regulatory filing.
Here are some important things to know about the orders:
- New US orders ascertain business continuity till Q2 FY25
- They also reaffirm dominant position in US onshore gas transmission sector
- Orders in India reaffirm technical excellence, customer trust for executing critical projects
- Execution of orders expected mostly during FY25
Share Market Today LIVE: Buy ISGEC Heavy Engineering shares, says Vikas Sethi
Vikas Sethi of Sethi Finmart suggests going long on the ISGEC Heavy Engineering stock for a target of Rs 925 with a stop loss at Rs 860 from a perspective of 3-6 months.