Stocks in news: Trent, BEL, LTIMindtree, Ambuja Cements, Alembic Pharma, Transport Corp
Domestic markets edged higher for the second consecutive week, moving closer to record highs, supported by favorable cues. In today’s trade, shares of Trent, BEL, LTIMindtree, Ambuja Cements, Alembic Pharma, Transport Corp among others will be in focus due to various news developments. Transport CorporationTransport Corporation of India announced that it will conduct its first-ever…
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Adanis sell Rs 4,200 crore worth stake in Ambuja Cements, stock up 4%
Billionaire Gautam Adani-led conglomerate on Friday sold around 2.8% stake in Adani Group firm Ambuja Cements in a pre-market block deal valued at around Rs 4,200 crore. The cement stock, which is up about 22% so far in the year, jumped 4% to the day’s high of Rs 659.70 in the opening session following the…
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ambuja cements shares: Big movers on D-Street: What should investors do with Godrej Properties, Ambuja Cements and Indus Towers?
Benchmark BSE Sensex rose by nearly 286 points to close at a record high while Nifty settled above the 24,950 level on Wednesday. Stocks that were in focus include names like Godrej Properties, which gained 1.32%, Ambuja Cements, which rose 1.01%, and Indus Towers, whose shares declined 3.03% on Wednesday. Here’s what Riyank Arora, Technical…
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How Adani bull Rajiv Jainβs GQG reshuffled 13-stock portfolio in election season
In the election-heavy June quarter, NRI investor Rajiv Jain-led GQG Partners raised stakes in 3 Adani stocks – Adani Energy, Adani Enterprises and Adani Ports – and its biggest India bet ITC. The institutional investor, on the other hand, was seen paring stakes in IDFC First Bank and Patanjali Foods in Q1 of FY24. Adani…
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sensex news: Sensex rises over 150 points, Nifty above 24,900 as traders eye key central bank decisions
Ahead of the US Fed meeting outcome tonight in which Jerome Powell will signal the timing and number of rate cuts expected in the next few months, Sensex opened Wednesday’s session around 150 points higher while Nifty crossed the 24,900-level as the 25,000 remained elusive. While traders are booking profits at higher levels, the expectation…
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