Mankind Pharma hits all-time high, while Zen Tech bags export order. To know more, read today's Market Recap here:
https://upstox.com/market-talk/mankind-pharma-hits-all-time-high/
https://upstox.com/market-talk/mankind-pharma-hits-all-time-high/
Good afternoon,
Markets are trading in the green, with the NIFTY50 above 19,800 as of 12:15 pm. Here are the top stories for the day!
Top gainer: Adani Enterprises: 2,213 ▲63 (+2.9%)
Top loser: NTPC: 249 ▼ 1.1 (-0.4%)
⭐️Talbros Automotive gains on order win
Talbros Automotive stock rose more than 15% today. Shares of the auto component maker have zoomed 40% in the last two trading sessions after receiving new multi-year orders worth ₹580 crores from domestic and overseas customers.
⭐️Adani Group stocks shine
Shares of the Adani Group companies witnessed a substantial rise today. Adani Enterprises rose more than 3% after its subsidiary Mumbai Travel Retail incorporated another subsidiary, MTRPL Macau Ltd., to set up tobacco shops at Macau International Airport.
Meanwhile, Adani Wilmar shares are in green for the second straight day, up 4.2%.
⭐️Strides Pharma gets USFDA nod
Shares of the pharma company rose more than 3% today. This comes after Strides Pharma Science announced its step‐down subsidiary, Strides Pharma Global Pte. Limited has received approval for levetiracetam oral solution from the United States Food & Drug Administration (USFDA). As per IQVIA, levetiracetam oral solution has a market size of $55 million.
⭐️Kirloskar Electric rallies on Bengaluru unit restarts
Shares of the electric engineering company rose more than 6% today. The management withdrew the lockout at the company’s unit no. 15 situated in Bengaluru. The company has requested all workers to report to work.
To read more click here: https://upstox.com/live-blog/share-market-live-bse-sensex-today-nse-nifty-stock-market-updates-21-november-2023
Markets are trading in the green, with the NIFTY50 above 19,800 as of 12:15 pm. Here are the top stories for the day!
Top gainer: Adani Enterprises: 2,213 ▲63 (+2.9%)
Top loser: NTPC: 249 ▼ 1.1 (-0.4%)
⭐️Talbros Automotive gains on order win
Talbros Automotive stock rose more than 15% today. Shares of the auto component maker have zoomed 40% in the last two trading sessions after receiving new multi-year orders worth ₹580 crores from domestic and overseas customers.
⭐️Adani Group stocks shine
Shares of the Adani Group companies witnessed a substantial rise today. Adani Enterprises rose more than 3% after its subsidiary Mumbai Travel Retail incorporated another subsidiary, MTRPL Macau Ltd., to set up tobacco shops at Macau International Airport.
Meanwhile, Adani Wilmar shares are in green for the second straight day, up 4.2%.
⭐️Strides Pharma gets USFDA nod
Shares of the pharma company rose more than 3% today. This comes after Strides Pharma Science announced its step‐down subsidiary, Strides Pharma Global Pte. Limited has received approval for levetiracetam oral solution from the United States Food & Drug Administration (USFDA). As per IQVIA, levetiracetam oral solution has a market size of $55 million.
⭐️Kirloskar Electric rallies on Bengaluru unit restarts
Shares of the electric engineering company rose more than 6% today. The management withdrew the lockout at the company’s unit no. 15 situated in Bengaluru. The company has requested all workers to report to work.
To read more click here: https://upstox.com/live-blog/share-market-live-bse-sensex-today-nse-nifty-stock-market-updates-21-november-2023
Personal loans to get expensive soon?😟
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Tap here to know more! 👇
https://youtube.com/shorts/mVscxZnEzzs?feature=share
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Tap here to know more! 👇
https://youtube.com/shorts/mVscxZnEzzs?feature=share
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Personal loans to get expensive soon?| RBI | Personal loan | Loan Interest| PayTM | Bajaj Finance
🔍 Ever wondered if your personal loan interest rates could increase? In this eye-opening video, we dive deep into the recent move by the Reserve Bank of Ind...
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Adani Group stocks shine, while Laurus Labs rises. To know more, read today's Market Recap here:
https://upstox.com/market-talk/adani-group-stocks-shine/
https://upstox.com/market-talk/adani-group-stocks-shine/
Chart of the day
Allcargo Logistics falls on low monthly volumes
🔹News: Allcargo Logistics reported a 4% year-on-year drop in its less than container load (LCL) monthly volumes in the October month. The company has also mentioned that it was due to Golden Week holidays in China.
🔹Impact: Shares of the logistics solutions provider are down by 2%.
Allcargo Logistics falls on low monthly volumes
🔹News: Allcargo Logistics reported a 4% year-on-year drop in its less than container load (LCL) monthly volumes in the October month. The company has also mentioned that it was due to Golden Week holidays in China.
🔹Impact: Shares of the logistics solutions provider are down by 2%.
22 Nov
Good afternoon,
Markets are trading in the red, with the NIFTY50 below 19,700 as of 12:30 pm.
Here are the top stories for the day!
Top gainer: BPCL: 398 ▲10 (+2.6%)
Top loser: Indusind Bank: 1,472 ▼ 29 (-1.9%)
⭐Tata Consumer near 52-week high
Shares of the FMCG company are trading near their 52-week high. Here are the reasons for the rally:
-Growth businesses like Sampann and Soulful expected to account for 20% of the domestic branded business in FY24 from 15% in FY23
-Tea leaf prices, which is a key raw material, have started declining. This could boost profitability
⭐IDBI Bank tanks after GOI cancels bid process
Shares of the state-owned bank are down 4% in the early trade. This comes after the Indian government cancelled the bidding process for hiring an asset valuer. The government was looking to hire an asset valuer to offload its 30% stake in the bank.
However, the government will now invite fresh bids to choose asset valuer. Meanwhile, a government official reportedly has said that the government doesn’t expect the stake sale to be completed in the current financial year (by March 2023).
⭐Tata Technologies IPO receives strong investor interest
On day 1, in the first hour itself, Tata Technologies IPO has been fully subscribed (1.4 times). The retail segment has been subscribed 1.1 times, while the portion for non-institutional investors has been subscribed 1.6 times. The QIB (qualified institutional buyers) segment has been subscribed around 2 times.
The ₹3,042 crore IPO will be open for subscription from 22 November to 24 November 2023. The price band for the IPO is ₹475 to ₹500 per share. The lot size is 30. Click here to know more.
To read more click here: https://upstox.com/live-blog/share-market-live-bse-sensex-today-nse-nifty-stock-market-updates-22-november-2023
Good afternoon,
Markets are trading in the red, with the NIFTY50 below 19,700 as of 12:30 pm.
Here are the top stories for the day!
Top gainer: BPCL: 398 ▲10 (+2.6%)
Top loser: Indusind Bank: 1,472 ▼ 29 (-1.9%)
⭐Tata Consumer near 52-week high
Shares of the FMCG company are trading near their 52-week high. Here are the reasons for the rally:
-Growth businesses like Sampann and Soulful expected to account for 20% of the domestic branded business in FY24 from 15% in FY23
-Tea leaf prices, which is a key raw material, have started declining. This could boost profitability
⭐IDBI Bank tanks after GOI cancels bid process
Shares of the state-owned bank are down 4% in the early trade. This comes after the Indian government cancelled the bidding process for hiring an asset valuer. The government was looking to hire an asset valuer to offload its 30% stake in the bank.
However, the government will now invite fresh bids to choose asset valuer. Meanwhile, a government official reportedly has said that the government doesn’t expect the stake sale to be completed in the current financial year (by March 2023).
⭐Tata Technologies IPO receives strong investor interest
On day 1, in the first hour itself, Tata Technologies IPO has been fully subscribed (1.4 times). The retail segment has been subscribed 1.1 times, while the portion for non-institutional investors has been subscribed 1.6 times. The QIB (qualified institutional buyers) segment has been subscribed around 2 times.
The ₹3,042 crore IPO will be open for subscription from 22 November to 24 November 2023. The price band for the IPO is ₹475 to ₹500 per share. The lot size is 30. Click here to know more.
To read more click here: https://upstox.com/live-blog/share-market-live-bse-sensex-today-nse-nifty-stock-market-updates-22-november-2023
Watch the full video here: https://youtu.be/1htP3J2IcR0
In episode 17 of Market Makers, we speak to Shibani Sircar Kurian, Fund Manager at Kotak Mutual Fund. She talks about the investment strategy of Kotak Healthcare Fund. She also speaks about the growth potential of India’s healthcare sector and business model of companies in this space.
Kotak Healthcare NFO is open for subscription between 20 November and 4 December 2023. This is an open-ended equity scheme which will predominantly invest in shares of healthcare companies.
Click on the link to apply for this NFO:
https://upstox.com/mutual-funds/kotak-healthcare-fund-direct-growth-details-326172
In episode 17 of Market Makers, we speak to Shibani Sircar Kurian, Fund Manager at Kotak Mutual Fund. She talks about the investment strategy of Kotak Healthcare Fund. She also speaks about the growth potential of India’s healthcare sector and business model of companies in this space.
Kotak Healthcare NFO is open for subscription between 20 November and 4 December 2023. This is an open-ended equity scheme which will predominantly invest in shares of healthcare companies.
Click on the link to apply for this NFO:
https://upstox.com/mutual-funds/kotak-healthcare-fund-direct-growth-details-326172
Our Sector Analysis with Akshat continues this week.
In Episode 2, Akshat Shrivastava will explore what makes the metal industry tick. ⚙⚙
Subscribe to the Upstox YouTube channel now and get notified as soon as the video is released!
https://www.youtube.com/@UpstoxOfficial
In Episode 2, Akshat Shrivastava will explore what makes the metal industry tick. ⚙⚙
Subscribe to the Upstox YouTube channel now and get notified as soon as the video is released!
https://www.youtube.com/@UpstoxOfficial
From Basics of Fundamental Analysis of a company to advanced sector analysis, this webinar is a great pick for beginners as well as pro investors.
Fundamental analysis helps in predicting the long-term trends in the market. It allows us to find good companies for investment, such as those with strong growth potential.
Register now: https://uptx.to/uplearn-scl-bfa-27-30nov-tg
Fundamental analysis helps in predicting the long-term trends in the market. It allows us to find good companies for investment, such as those with strong growth potential.
Register now: https://uptx.to/uplearn-scl-bfa-27-30nov-tg
Titan gains on CCI nod, while CG Power hits upper circuit. To know more, read today’s Market Recap here:
https://upstox.com/market-talk/titan-gains-on-cci-nod/
https://upstox.com/market-talk/titan-gains-on-cci-nod/
Chart of the day
Servotech Power rises on new order
🔹News: Servotech Power Systems Ltd. has secured an order for 2,649 EV Chargers from BPCL. The delivery of the chargers will commence on December 15th and is expected to be completed within three months.
🔹Impact: Shares of the EV charging solutions developer are up by 3.5%.
Servotech Power rises on new order
🔹News: Servotech Power Systems Ltd. has secured an order for 2,649 EV Chargers from BPCL. The delivery of the chargers will commence on December 15th and is expected to be completed within three months.
🔹Impact: Shares of the EV charging solutions developer are up by 3.5%.
Which of these IPOs are you applying for?
Anonymous Poll
76%
Tata Technologies Ltd
23%
Gandhar Oil Refinery India Ltd
13%
Flair Writing Industries Ltd
6%
Fedbank Financial Services Ltd
14%
None of the above
10%
All of the above