Trade Financial News

Sunteck Realty Ltd.(up 2.56 per cent), Brigade Enterprises Ltd.(up 0.86 per cent), Godrej Properties Ltd.(up 0.6 per cent) and Phoenix Mills Ltd.(up 0.11 per cent) were among the top gainers.

Tata-owned Trent soared nearly 4% today, reaching a fresh all-time high of Rs 7,913.45 on the BSE, followed by the global brokerage firm Citi initiating coverage with a buy rating and a target price of Rs 9,250 on the stock, along with the stock's upcoming inclusion in the Nifty50 index next week.

Shriram Finance Ltd. gained 0.77 per cent to Rs 3547.6 in Thursday's trade as of 10:34AM (IST). The stock hit a high price of Rs 3555.0 and low of Rs 3529.95 during the session. The return on equity (ROE) for the stock stood at 15.04 per cent. Traded volume on the counter stood at 10:34AM shares and turnover at Rs 1.41 crore around that time. The stock of Shriram Finance Ltd. quoted a 52-week high price of Rs 3622.45 and 52-week low prices of Rs 1760.9, respectively.

The NSE Nifty index traded 62.6 points up at 26066.75, while BSE Sensex was up 216.48 points at 85386.35 as of 10:29AM(IST)on September 26.

SME IPO of Sahasra Electronic Solutions has opened for subscription and closes on September 30, Monday. The company aims to raise nearly Rs 31.10 crore through the SME IPO and list the shares on NSE SME platform. Here are 10 key things investors need to know about the public offer before subscribing to the issue:

Nagarjuna Fertilizers and Chemicals Ltd.(up 3.16%), Zuari Agro Chemicals Ltd.(up 3.04%), Rama Phosphates Ltd.(up 1.31%), Deepak Fertilisers & Petrochemicals Corporation Ltd.(up 0.64%), Aries Agro Ltd.(up 0.60%) and Mangalore Chemicals & Fertilizers Ltd.(up 0.23%) were among the top gainers.

Tata Power Company Ltd. gained 1.76 per cent to Rs 476.35 at 10:29AM (IST) in Thursday's trade. The counter has hit a high of Rs 476.8 and low of Rs 465.6 so far during the session. The stock had closed at Rs 468.1 in the previous session. The counter has had a total traded volume of 283292 shares so far with a value of Rs 13.34 crore on the NSE. It traded at a price-to-earnings multiple of 41.2 and a price-to-book ratio of 3.89.

MphasiS Ltd. gained 0.88 per cent to Rs 3042.75 in Thursday's trade as of 10:25AM (IST). It hit a high of Rs 3051.0 and low of Rs 3024.0 during the session. The stock quoted a 52-week high price of Rs 3186.95 and a low of Rs 2068.45. The return on equity for the stock stood at 17.67 per cent. About 1,143 shares have changed hands on the counter so far.

Vedanta Ltd. rose 0.44 per cent to Rs 481.75 at 10:20AM hours (IST) on Thursday. Earlier in the day, the stock saw a gap up start to the session. As per data available on BSE, total traded quantity on the counter stood at 329,957 shares with a turnover of Rs 15.88 crore till 10:20AM (IST). The stock traded at a price-to-earnings (P/E) multiple of 36.17, while the price-to-book value ratio stood at 3.29.

Gold prices witnessed some profit booking in Wednesday’s session, closing at Rs 75,313 after falling from its all-time and day’s high of Rs 76,000/10 gm. Meanwhile silver dipped by Rs 750/kg.

crude oil prices. FIIs turning net sellers on Wednesday put further pressure on the domestic currency against the greenback, according to forex experts. At the interbank foreign exchange, the local unit opened at 83.66, down 8 paise from its previous close of 83.58 against the American currency. It slipped further to 83.69, 11 paise lower from Wednesday's closing rate.

Pokarna Ltd.(up 1.56%), Madhav Marbles & Granites Ltd.(up 0.54%), Aro Granite Industries Ltd.(up 0.32%) and Ashapura Minechem Ltd.(up 0.02%) were among the top gainers.

Pidilite Industries Ltd. traded 1.35 per cent up at Rs 3301.0 on Thursday at around 09:59AM (IST), while the benchmark BSE Sensex advanced 167.07 points to 85336.94. As many as 3,877 shares changed hands on the counter with a total value of Rs 1.27 crore.

IPO of Divyadhan Recycling Industries will open for subscription today and will close on Monday, September 30. The company aims to raise nearly Rs 24 crore through the SME IPO and list the shares on the NSE SME platform. Here are 10 key things investors need to know about the public offer before subscribing to the issue.

Bajaj Holdings & Investment Ltd. traded 0.52 per cent higher in Thursday's session at 10:04AM (IST). The stock opened at Rs 10800.0 and has touched an intraday high and low of Rs 10815.95 and Rs 10600.0, respectively, during the session so far. The stock quoted a 52-week high of Rs 11348.5 and a 52-week low of 6634.6. About 359 shares changed hands on the counter so far.

Persistent Systems Ltd.(up 0.92 per cent), HCL Technologies Ltd.(up 0.72 per cent), Wipro Ltd.(up 0.7 per cent), Infosys Ltd.(up 0.7 per cent) and MphasiS Ltd.(up 0.63 per cent) were among the top gainers.

This is an AI-generated live blog and has not been edited by LiveMint staff. Bank Nifty Share Price Today Live Updates: The NIFTY IT at (0.47%), NIFTY FMCG at (0.32%) & NIFTY India Consumption at (0.27%) are currently the top performing sectors among the Sectoral Indices. While NIFTY Consumer Durables at (-0.52%), NIFTY Metal at (-0.52%), NIFTY PSE at (-0.25%) are currently the low performing sectors Bank Nifty Share Price Today Live Updates: The Bank Nifty opened at 54045.85 (-0.04%) , -19.25 points lower than the previous closing.

This is an AI-generated live blog and has not been edited by LiveMint staff. Nifty 50 Share Price Today Live Updates: The NIFTY IT at (0.48%), NIFTY FMCG at (0.33%) & NIFTY Realty at (0.27%) are currently the top performing sectors among the Sectoral Indices. While NIFTY Consumer Durables at (-0.51%), NIFTY Metal at (-0.51%), NIFTY Oil & Gas at (-0.24%) are currently the low performing sectors Nifty 50 Share Price Today Live Updates: The Nifty 50 opened at 26005.4 (0%) , 1.25 points higher than the previous closing.

Federal Reserve policy makers later in the day for clues on the pace of interest rate cuts. The U.S. currency rebounded strongly overnight from a more than one-year low to the euro and 2 1/2-year trough versus sterling.

Anand Tandon, Independent Analyst, says the very fact that we have a robust market despite the inflow of new fresh money-raising IPOs is both good and bad. It shows that we have a very robust sentiment towards the market and it also helps to take some focus away from the secondary market where some stocks have reached stratospheric valuation. So, from both perspectives, it is good for the longer term. In the near term, right now it is a lottery. Clearly the action is heating up in the primary market with large IPOs coming in. Swiggy as well as Hyundai IPOs are in the offing and it looks like the investment bankers are not worried about liquidity. Have you looked at the DRHP of either of the companies? Would you be a subscriber to either Hyundai or Swiggy? Anand Tandon: These are all large companies with large capital raises, but also businesses which are fairly steady. So, from that point of view, one does not worry too much these days about valuations as the market has shown us. The question is if the market is pricing IPOs post their listing at way more than what they are coming in at, that does not mean that they should actually be doing that or that it is in any way a reflection on them being priced cheaply.

Aditya Birla Fashion and Retail (ABFRL), Granules India, Hindustan Copper, Vodafone Idea and Indian Energy Exchange (IEX). The Future & Options contracts of any stock enter the ban period when the open interest (OI) on it crosses 95% of the market wide positions limits or MWPL. The ban on it is reversed only if the open interest falls below 80%.