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Stock Market Today: Sensex, Nifty See Profit Booking After Record Run; FPIs Turn Net Sellers

Stock Market Today: Sensex, Nifty See Profit Booking After Record Run; FPIs Turn Net Sellers
Bombay Stock Exchange. (Source: Vijay Sartape/BQ Prime)
3 years ago
The S&P BSE Sensex closed up 94 points, or 0.14%, at 67,221.13, while the NSE Nifty 50 was 3 points of 0.02% lower at 19,993.20.

  • Company pays Rs 22.5 crore to Kalanithi Maran, completing total payment of Rs 100 crore.

  • Source: Press release

  • 12 lakh shares changed hands in a large trade

  • 0.04% equity changed hands at Rs 137.60 apiece

  • Buyers and sellers not known immediately

  • Source: Bloomberg

  • About 23.6 lakh shares changed hands in a large trade.

  • 0.06% equity changed hands at Rs 100.20 apiece.

  • Buyers and sellers not known immediately.

  • Source: Bloomberg

  • "No such proposal currently under active consideration by the government."

  • "In line with our commitments to achieve Carbon Net Zero by 2070."

  • Source: Nitin Gadkari's Social Handles

  • 10.2 lakh shares changed hands in a large trade.

  • 0.01% equity changed hands at Rs 135.25 apiece.

  • Buyers and sellers not known immediately.

  • Source: Bloomberg

  • Coal India plans investment for nearly Rs 24,750 crore in 61 eco-friendly First Mile Connectivity projects.

  • To have a combined capacity of 763.5 MTPA.

  • Project to come up in three phases.

  • Source: Exchange Filing

  • In pact to manufacture high-precision extruded products for high-speed aluminium rail coaches in India.

  • Aims to enable production of large-size aluminium extrusion and fabrication technology.

  • Plans to invest Rs 2,000 crore for the project and the technology alliance

  • Source: Exchange Filing

  • Bags order for redevelopment project for 4 societies at Borivali in Mumbai.

  • Redevelopment order worth Rs 330 crore for residential apartments.

  • Source: Exchange Filing

The broader market indices underperformed larger peers; the S&P BSE MidCap Index was down 2.59%, whereas S&P BSE SmallCap Index was also 3.02% lower.

Seventeen the 20 sectors compiled by BSE declined, while three advanced. S&P BSE Power, S&P BSE Telecommunication and S&P BSE Utilities fell the most.

The market breadth was skewed in the favour of the sellers. About 812 stocks rose, 2,723 declined, while 148 remained unchanged on the BSE.

  • Company's board approved the acquisition of remaining 3.81% stake in Uno Minda Europe.

  • To acquire remaining stake at consideration of Euro 1.3 million.

  • Note: Uno Minda Europe is a step-down subsidiary of Uno Minda.

  • Source: Exchange Filing

  • About 20.6 lakh shares changed hands in a large trade.

  • 0.05% equity changed hands at Rs 99.85 apiece.

  • Buyers and sellers not known immediately.

  • Source: Bloomberg

  • About to turn free cash flow positive soon.

  • Additional funding isn’t needed.

  • We’re 100% debt free.

  • Paytm Payments Bank currently under embargo

  • Source: Paytm AGM

  • SpiceJet acknowledges legal process and says that it is committed to comply with court directives in Credit Suisse matter.

  • To make the payment of $1.5 million as per the court directive.

  • SpiceJet has already paid a total of $8 million to Credit Suisse as per consent terms.

  • Source: Exchange Filing

  • PCBL arm to commission final phase 84,000 MTPA of the Greenfield carbon black today in Tamil Nadu w.e.f. Sept. 12.

  • Manufacturing capacity being set up by PCBL (TN).

  • Note: PCBL (TN) is wholly owned subsidiary of PCBL.

  • Source: Exchange Filing

The broader market indices opened higher; the S&P BSE MidCap Index was up 0.25%, whereas S&P BSE SmallCap Index was also 0.39% higher.

Sixteen the 20 sectors compiled by BSE advanced. S&P BSE Capital Goods and S&P BSE Metal rose the most.

The market breadth was skewed in the favour of the buyers. About 1,742 stocks rose, 769 declined, while 101 remained unchanged on the BSE.

  • At pre-open, the S&P BSE Sensex was up 384 points, or 0.58%, at 67,515.62, while the NSE Nifty 50 was 114 points of 0.57% higher at 20,110.15.

  • Source: Bloomberg

  • The yield on the 10-year bond opened flat at 7.24% on Tuesday.

  • Source: Bloomberg

  • The local currency strengthened 9 paise to open at Rs 82.94 against the U.S dollar on Tuesday.

  • It closed at 83.03 on Monday.

  • Source: Bloomberg

  • Hindalco Industries U.S. manufacturing arm Novelis Inc gets into a long-term agreement to supply aluminum beverage can sheet to Ball Corp. in North America.

  • Novelis Inc secured all beverage can capacity from new plant in Bay Minette.

  • Bay Minette plant likely to start commissioning in 2025.

  • Source: Exchange Filing

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