By CNBCTV18.com | Mar 26, 2024 3:55 PM IST (Updated)
Thank you, readers! That's all from CNBCTV18.com's live market coverage on March 26, 2024.
Stay tuned for other updates on our website: CNBCTV18.com.
You can follow us on Twitter: @CNBCTV18Live @CNBCTV18News
And on Facebook, LinkedIn, Instagram and Telegram
Download our mobile app for Android and iOS platforms
Market At Close | Expert View On Today's Session
“Aligned with global trends, the domestic market sustained its consolidation pattern, ending close to 22,000. While key data such as US GDP and inflation during the week may provide some clues on future rate cut paths, the fiscal year-ending truncated week, coupled with reduced trading volumes and monthly expiry, are likely to contribute to volatility. Generally, midcaps are performing well post the consolidation of the last 2-3 weeks, while the IT sector continued to experience sluggishness following weak global IT spending forecasts,” says Vinod Nair, Head of Research, Geojit Financial Services.
Market At Close | Market Closes Mixed With Midcaps Outperforming Frontliners
Sensex & Nifty Slip Almost 0.5% Each While Midcap Index Rises Over 1%
Fall In Heavyweights (HDFC Bank, Kotak Bk) Keeps Nifty Bank Under Pressure
Sensex Falls 362 Points To 72,470 & Nifty 92 Points To 22,005
Nifty Bank Falls 264 Points To 46,600 While Midcap Index Gains 495 Points To 47,808
Realty & Railway Sector See Buying, Stocks Rise Up To 5%
Adani Ports’ Announcement To Acquire Gopalpur Ports Lifts The Stock, Up 2%
Bajaj Finance Continues To See Buying, Ends As Top Nifty Gainer, Up 2%
SpiceJet Rises 5% After Co Settles Liabilities Worth `755 Cr With EDC
IndiGo Hits Record High Following Positive Brokerage Note
Diagnostic Stocks Surge On Positive Note From Kotak Intl Eq, Dr Lal Top Gainer
HDFC Life, Max Financial Rise On IRDAI’s Final Guidelines On Surrender Value
Avenue Supermarts & Skipper Rise Up To 7% On Brokerage Upgrade
Mankind Rises 6% From Lows To End In The Green After Block Deals For 3% Eq
RK Swamy Falls 10% From Highs Following Muted Q3 Earnings
Market Breadth Favours Declines Despite Midcap Outperformance
NSE Advance-Decline Ratio Stands At 1:2
Stock Market LIVE Updates | Zee Institutes Monthly Management Mentorship Program
#JustIn | ZEE Entertainment Board institutes monthly management mentorship (3M) program which will guide & enable companies management team to achieve key performance metrics pic.twitter.com/BLvX88av7n
— CNBC-TV18 (@CNBCTV18Live) March 26, 2024
Stock Market LIVE Updates | Man Infra Says It Expects The South Mumbai Project To Be Delivered WIthin Four To Five Years
#OnCNBCTV18 | Man infra will be a development partner with the landlord contributing the land. Expect the south Mumbai project to be delivered within 4-5 years, says Manan Shah of Man Infra pic.twitter.com/I6VP4YliXr
— CNBC-TV18 (@CNBCTV18Live) March 26, 2024
Stock Market LIVE Updates | Top Stocks To Buy/Sell
Here are a couple of stock recommendations by Shrikant Chouhan, Kotak Securities:
– Buy IndusInd Bank at a target of Rs 1,600 with a stop loss of Rs 1,480
– Buy Shriram Properties at a target of Rs 140 to Rs 145
Stock Market LIVE Updates | Whirlpool: Fire Breaks Out In Delhi's Alipur Area That Also Spread To Company's Warehouse On March 25
#Whirlpool | Fire broke in Delhi’s Alipur area that also spread to a company’s warehouse on March 25
⚡️The incident is not expected to have any material bearing on the operations, says Whirlpool pic.twitter.com/kckfvB6oT3
— CNBC-TV18 (@CNBCTV18Live) March 26, 2024
Stock Market LIVE Updates | Dividend Stock: This Smallcap Company Is Rewarding Shareholders With 103% Payout
Auto parts maker Sundaram-Clayton Ltd. has announced an interim dividend of ₹5.15 per share for its shareholders for the financial year ending March 31, 2024. The decision was made at its board meet on Tuesday.
The dividend payout will cost the company about ₹10.42 crore.
Stock Market LIVE Updates | SpiceJet Signs Settlement Agreement With Export Development Canada To Resolve Rs 755 Crore Liabilities
Domestic carrier SpiceJet has signed a settlement agreement with Canada’s export credit agency Export Development Canada to resolve ₹755 crore ($91 million) liabilities, which are likely to generate savings of ₹567 crore ($68.3 million), the airline said on March 26.
Under the agreement’s terms, SpiceJet will acquire full ownership of 13 EDC-financed Q400 aircraft, the airline said. It added that the settlement marks the biggest breakthrough in the airline’s financial restructuring efforts to date.
Stock Market LIVE Updates | Fire Broke In Delhi’s Alipur Area That Also Spread To Whirlpool's Warehouse On March 25
The incident is not expected to have any material bearing on the operations, says Whirlpool
Stock Market LIVE Updates | Top Stocks To Buy/Sell
Recommendation by Shrikant Chouhan of Kotak Securities:
Buy IndusInd Bank for a target of ₹1,600 with a stop loss at ₹1,480
Buy Shriram Properties with a target of ₹140-145
Stock Market LIVE Updates | Hexaware Technologies May Relist On The Bourses, Over Three Years After Delisting
Nearly a year after the delisting, the Carlyle Group, a US-based Private Equity Firm, bought Baring Private Equity Asia’s 62% stake in the company for nearly $3 billion in October 2021.
Read more here
Stock Market LIVE Updates | Railway Stocks Higher, RVNL Gains Over 5%
Stock Market LIVE Updates | SpiceJet Signs Settlement Agreement With Export Development Canada To Resolve Rs 755 Crore Liabilities
Stock Market LIVE Updates | SpiceJet Witnesses A Sharp Rise
Currency | Price | Change | %Change |
---|