The trends of the major indices in the course of the week’s trading are given in the table below:
On Monday, 919 stocks advanced, 2718 declined and 151 remained unchanged on the Bombay Stock Exchange (BSE), with advance decline ratio of 0.33, indicating a negative closing of stocks.
On NSE, 22 securities advanced and closed at new 52 week high whereas 365 securities sank to close at their new 52-week lows.
In sectoral indices, Nifty Media, Nifty Auto and Nifty Energy were among the biggest losers. Nifty Pharma and Nifty FMCG were among the biggest gainers.
Indian rupee closed at 82.37/$ against previous close of 82.48/$.
Dilip Buildcon emerged as Lowest Bidder for a project worth Rs780.1 crore by National Highways Authority of India.
BLS International inked contract with Polish embassy in Manila for visa outsourcing services.
SoftBank-backed Oyo planned to cut IPO size as tech values drop.
HDFC board approved issuance of redeemable NCDs of Rs57,000 crore in various tranches.
US FDA successfully completed inspection at FDC Raigad facility with no observations.
Mahindra Logistics and Ascendas-Firstspace announced launch of 1 million sq. ft. warehouse park in pune.
L&T construction bagged orders in the range of Rs2,500-5,000 crore.
Adani Group is in advanced stages of achieving financial closure of Rs14,500 crore required for part funding for its coal-to-polyvinyl chloride (PVC) plant in Mundra, Gujarat.
Supreme Court dismissed the appeal filed by the Enforcement Directorate against the default bail granted to Kapil and Dheeraj Wadhawan.
TVS Motor launched seven new products in Ghana, Africa.
J Kumar Infra Joint Venture (JV) received LoA for a project worth Rs515.26 crore from BMC, co has 60% share in JV.
Lupin received tentative US FDA ANDA nod for Valbenazine Capsules which are used to treat Tardive Dyskinesia.
In Large trades, Tata Consumer Products 0.24% equity changed hands at Rs706 per share.
Insider Trades
Zydus Wellness promoters bought net 511,680 shares through open market. Kirloskar Oil Engines promoters sold net 123,203 shares through open market. Campus Activewear KMP sold net 87,977 shares through open market. Confidence Petroleum India promoters bought net 639,225 shares through open market. Indo Amines promoters sold net 17,586 shares through open market. Maharashtra Seamless promoters bought net 25,000 shares through open market. Veranda Learning Solutions promoters bought net 20,000 shares through open market. Centrum Capital promoters bought net 71,000 shares through open market. Motilal Oswal Financial Services promoters bought net 36,600 shares through open market. Dollar Industries promoters bought net 58,406 shares through open market. Mukand promoters bought net 26,581 shares through open market. Pidilite Industries promoters sold net 36,000 shares through open market. BLB promoters sold net 2,500,000 shares through open market. Jai Corp promoters bought net 200,000 shares through open market.
On Tuesday, 1042 stocks advanced, 2502 declined and 100 remained unchanged on the Bombay Stock Exchange (BSE), with advance decline ratio of 0.42, indicating a negative closing of stocks in broader markets.
On NSE, 13 securities advanced and closed at new 52 week high whereas 485 securities sank to close at their new 52-week lows.
In sectoral indices, all sectors ended in red with Nifty Media, Nifty Auto and Nifty IT were among the biggest losers.
Indian rupee closed at 82.19/$ against previous close of 82.37/$.
Dr Moopen’s Family has increased its shareholding in Aster DM Healthcare (-0.08%) by 4% from 37.88% to 41.88%. Dr Moopen’s Family acquired additional stake from one of the large private equity investors for Rs460 crore.
Embassy Office REIT will acquire Embassy Business Hub in Bengaluru for Rs334.8 crore.
lps Alpine and Tata Elxsi announced a strategic long-term agreementfor growing vehicle software development sectors.
Sterlite Tech will sell telecom products and software business to Skyvera for $15 million.
Centre sanctioned Rs800 crores under FAME Scheme Phase II for 7432 public fast charging stations.
IDBI Bank approved appointment of Harish Kuber as Chief Financial Officer.
Cyprus-based Hellenic Bank selected LTIMindtree as a strategic sourcing partner in its transformation journey.
GAEL has successfully commissioned production at the 1200TPD Maize Processing Greenfield Project at Malda, West Bengal.
GR Infraprojects emerged lowest bidder for two projects in Karnataka worth Rs1,613.84 Cr by National Highways Authority of India.
Sagar Cements will furnish a corporate guarantee of Rs665 crore to SBI.
Carysil renewed contract for supply of quartz kitchen sinks worth $68 million to US firm Karran Inc.
Oracle Credit approved raising funds up to Rs49 crore via rights issue.
Insider Trades
Trident promoters bought net 12,385,000 shares through open market. Hindustan Aeronautics promoters sold net 11,703,563 shares through open market. Som Distilleries and Breweries promoters bought net 10,000 shares through open market. Confidence Petroleum India promoters bought net 335,000 shares through open market. Sobha promoters bought net 40,000 shares through open market. Jai Corp promoters bought net 301,192 shares through open market. Mtar Technologies (-2.88%) promoters sold net 93,320 shares through open market.
In Large trades, Nykaa 15,09,138 shares changed hands at Rs127.95 per share. CE Info Systems 1.57% equity change hands at Rs1,000 per share. Eicher Motors 0.21% equity changed hands at Rs2,869 per share. HDFC AMC 0.11% equity change hands at Rs1,676 per share.
On Wednesday, 2109 stocks advanced, 1414 declined and 115 remained unchanged on the Bombay Stock Exchange (BSE), with advance decline ratio of 1.49, indicating a positive closing of stocks in broader markets.
On NSE, 14 securities advanced and closed at new 52 week high whereas 248 securities sank to close at their new 52-week lows.
In sectoral indices, Nifty Energy was among the biggest losers. Nifty PSU Bank and Nifty Media were among the biggest gainers.
Indian rupee closed at 82.34/$ against previous close of 82.19/$.
GR Infraprojects emerged as lowest bidder for a NHAI project worth Rs740.77 crore. GR Infraprojects secured Letter of Acceptance (LoA) for a project worth Rs587.6 crore from East Coast Railway.
Avanti Feeds Ltd approved stake increase in Srivathsa Power Projects Pvt Ltd.
Jindal Stainless acquired 49% stake in Indonesia-based nickel pig iron company.
RIL has planned expand FMCG footprint across 1 million-plus retail outlets in next 12-18 months.
IFCI board approved preferential issue worth Rs 400 crore to government for FY23.
REC transferred entire shareholding in Khavda II·A Transmission to Adani Transmission.
Inox Wind Energy will sell wind energy business to its holding company via slump sale for Rs17 crore.
Foreign firm Zenrin offloaded Rs80 crore shares in MapmyIndia (+0.29%).
Mawana Sugars will sell 40.49-acre non-agricultural land in Ghaziabad.
Jindal Stainless acquired 49% stake in Indonesia-based nickel pig iron company.
NTPC Renewable signed term sheet with Greenko to supply 1300 MW RE power.
Larsen & Toubro secured two orders from the Vedanta Group.
RPP Infra Projects bagged work order worth Rs148 crore.
Insider Trades
Star Cement promoters bought net 1,800,000 shares through open market. Indo Amines promoters sold net 73,376 shares through open market. Bajaj Holdings and Investment promoters bought net 21,219 shares through open market. Confidence Petroleum India promoters bought net 805,000 shares through open market. Dollar Industries promoters bought net 31,594 shares through open market. Veranda Learning Solutions promoters bought net 33,000 shares through open market. Mtar Technologies promoters sold net 59,643 shares through open market. UPL’s immediate relative sold net 1,483 shares through open market. Pennar Industries director sold net 131,213 shares through open market. Shakti Pumps (India) promoters bought net 15,500 shares through open market. Centrum Capital promoters bought net 1,111,300 shares through open market. Asian Energy Services promoters bought net 214,160 shares through open market. HCL Technologies promoters bought net 172,326 shares through open market.
On Friday, 2393 stocks advanced, 1165 declined and 122 remained unchanged on the Bombay Stock Exchange (BSE), with advance decline ratio of 2.57, indicating a negative closing of stocks.
On NSE, 43 securities advanced and closed at new 52 week high whereas 128 securities sank to close at their new 52-week lows.
In sectoral indices, all sector ended in green with Nifty IT, Nifty Energy and Nifty Infrastructure among the biggest gainers.
Indian rupee closed at 82.17/$ against previous close of 82.34/$.
Gujarat Gas will be impacted since Ceramic Belt in Morbi Gujarat will likely shift back to Propane since it’s cheaper than gas.
RVNL emerged as lowest bidder for a NHAI project worth Rs720.67 crore.
Reliance Industries shareholders will meet on May 2 to approve Jio Financial demerger.
REC board approved sale & transfer of entire shareholding of KPS 1 Transmission to Megha Engineering.
BEL received export orders worth approximately $52 million in the month of March 2023.
Lupin received US FDA Abbreviated New Drug Application (ANDA) approval for Tenofovir Alafenamide tablets used to treat Chronic Hepatitis B virus.
Coal India produced 700.4 million tonnes (MTs) of coal till the penultimate day of FY23.
Jindal Saw received NCLT nod for the resolution plan submitted by company for corporate insolvency process.
YIT has entered into a strategic partnership with Tech Mahindra to drive business transformation.
Insider trades
Sobha promoters bought net 20,000 shares through open market. Supriya Lifescience promoters bought net 14,000 shares through open market. Confidence petroleum India promoters bought net 905,000 shares through open market. Mrs. Bectors Food Specialities promoters bought net 10,000 shares through open market. SecUR Credentials director sold net 328,584 shares through open market. Ultra Wiring Connectivity System promoters bought net 8,000 shares through open market. Dr. Lal Path Labs Ltd. director sold net 5,000 shares through open market.
In Large Trades, Phoenix Mills 2.62% equity change hands at Rs1,300 per share. Bajaj Electricals 0.61% equity change hands at Rs1,088 per share. Tube Investments 0.18% equity change hands at Rs2,568 per share. Paytm 0.13% equity change hands at Rs648.45 per share.
