Stock market updates: Sensex, Nifty witness worst single-day drop in two months dragged lower by IT stocks

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Worst single day drop for the market in two months:

Nifty 50 Update: Britannia At 52-week high

Stock Market Update: Fertiliser stocks like National Fertilisers, RCF, FACT rally

The shares of National Fertilisers jumped as much as 13% in trade on Thursday (December 15) after news reports, citing sources, said that the government subsidy for urea may be increased in the upcoming budget.

Landmark Cars IPO subscribed 1.5x as of 2 PM on the final day:

Stock Market Live: Kalpataru Power Wins Orders Worth Rs 1,397 Crore

• Orders pertain to the India and overseas market in the T&D business
• YTD FY23 order intake now at Rs 15,783 crore
• T&D business is poised for robust growth on back of strong business outlook and order visibility

Stock Market News: Top Stock Picks From Jay Thakkar & Ashish Kyal:

Ashish Kyal, Waves Strategy Advisors:

• Buy Piramal Enterprises with a stop loss of Rs 882 and a target of Rs 978
• Buy Raymond with a stop loss of Rs 1,426 and target of Rs 1,580

Jay Thakkar, Marwadi Shares and Finance:

• Buy Sterlite Tech with a stop loss of Rs 165 and a target of Rs 205 - 220
• Sell Infosys with a stop loss of Rs 1,570 and target of Rs 1,500 - Rs 1,480

Growth will depend on 12-month forward EPS, Global P/E, & India risk premium, says Neelkanth Mishra

Nifty 50 Live: L&T wins a "significant" order

Wins significant order for its hydrocarbon business

Defines a significant order as one where the value ranges between Rs 1,000 crore - Rs 2,500 crore

L&T shares trading little changed at Rs 2,193

Stock Market News: Fortis Healthcare expects occupancies to rise to 75 percent

Stock Markets Live: Jay Thakkar of Marwadi Financial Services shares his top stock picks

• Buy Federal Bank with a stop loss of Rs 137 and a target of Rs 155
• Buy Gujarat Gas with a stop loss of Rs 520 and a target of Rs 575

Stock Alert: Federal Bank at 52-week high

• Gains nearly 4 percent in Thursday's trade
• Up for the fourth straight session
• Has gained over 60 percent year-to-date

Metropolis Shares among top F&O losers:

• Stock down nearly 3.5 percent
• Has declined in eight out of the last nine trading sessions
• Down 10 percent over the last 10 trading sessions

Top picks from Sacchitanand Uttekar of Tradebulls

• Sell JSPL with a stop loss of Rs 564.30 and target of Rs 542 to Rs 530
• Sell Bharti Airtel with a stop loss of Rs 841.20 and target of Rs 820 - Rs 805

Stock Alert: PNB Housing Finance gains for the fourth straight day

• Up over 5.5 percent on Thursday
• Has gained nearly 20 percent over the last four trading sessions