Stock Market Live Updates: Nifty Below 25,600, Sensex Falls Over 400 Points; Dmart, Ireda Shares In Focus
Dmart, TCS, HCLTech, Vedanta Bank Of Baroda, Shriram Finance, Lemon Tree And Power Finance Corp are some of the stocks to watch today.
KEY HIGHLIGHTS
Stock Market Live Updates: Maruti Suzuki Shares In Focus
The auto major came in focus on Monday after the board of directors approved land acquisition in Gujarat. The company is going to buy land for capacity expansion and will invest Rs 4,960 crore.
Signatureglobal Shares In Focus Today
The shares of Signatureglobal hit two-year low after it's third quarter business update. The scrip fell as much as 6.5% to Rs 935.90 apiece on Monday, highest level since Jan. 3, 2024. It pared losses to trade 4.5% lower at Rs 956 apiece, as of 10:01 a.m. This compares to a 0.48% decline in the NSE Nifty 50 Index.
It has fallen 23.69% in the last 12 months and 15.19% year-to-date. Total traded volume so far in the day stood at 1.36 times its 30-day average. The relative strength index was at 19.26, indicating it was underbought.
Globus Spirits Shares In Focus Today
The shares of Globus Spirits were in focus on Monday after it announced its third quarter results. The scrip rose as much as 5.71% to Rs 1,125 apiece on Monday, highest level since Jan. 8. It pared gains to trade 2.17% lower at Rs 1,041 apiece, as of 9:53 a.m. This compares to a 0.38% decline in the NSE Nifty 50 Index.
It has risen 32% in the last 12 months and 0.08% year-to-date. Total traded volume so far in the day stood at 1.6 times its 30-day average. The relative strength index was at 62.73.
Eternal Share Price Update: Large Trade In Stock
Over 3.91 million shares of Eternal were traded via a block deal on Monday. The share of Eternal fell as much as 2.18% to Rs 278.50 apiece.
Lemon Tree Shares Rally On Sale Of Arm Fleur To Warburg Pincus
Shares of Lemon Tree saw a rise by up to 4% in early trade on Monday, following the announcement of a significant restructuring initiative. Global private equity major Warburg Pincus will acquire a significant stake in Lemon Tree's hotel ownership arm, Fleur Hotels.
Shares of Lemon Tree Limited are trading 1.60% higher at Rs 152.80 apiece. Of the 25 analysts, tracked by Bloomberg, who have coverage on this stock, 22 have a 'buy' rating, two have a 'hold' call, and one has a 'sell' view on the stock.
