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Showing posts with the label market fell

STOCK MARKET NEWS (11 MARCH 2025) INDIAN STOCK MARKET

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  On March 11, 2025, the Indian stock market exhibited mixed performance, influenced by global economic concerns and significant corporate developments. Market Indices: BSE Sensex: The Sensex closed at 74,102.32, down by 12.85 points (0.02%). NSE Nifty 50: The Nifty 50 ended at 22,497.90, up by 47.20 points (0.17%). Key Sectoral Movements: Information Technology (IT): IT stocks faced pressure, reflecting global market trends. Private Banks: Shares of private banks declined, notably IndusInd Bank, which saw a sharp drop due to accounting discrepancies. Oil Marketing Companies: Stocks like Bharat Petroleum and Indian Oil rose by approximately 1.5%, supported by positive evaluations from HSBC. Notable Stock Movements: IndusInd Bank: Shares plummeted over 27% to a four-year low following the discovery of accounting discrepancies in forex derivatives, potentially impacting earnings by 15 to 20 billion rupees. Dr. Reddy's Laboratories: The stock declined by 0....

Super Iron Foundry Limited IPO (Everything about Super Iron Foundry Limited IPO)

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  Super Iron Foundry Limited IPO Details: Super Iron Foundry Limited, established in 1977, is a prominent manufacturer of Grey Iron Castings in India. The company produces a variety of cast iron products that are used in multiple industries such as automobiles, industrial equipment, and machinery. The company is ISO 9001:2015, 14001:2015, and 45001:2018 certified and exports its products to international markets, including the USA, Canada, UK, Germany, and Australia. Key IPO Details: Parameter Details Company Name      Super Iron Foundry Limited (SIFL) IPO Issue Size      ₹68.05 crore (63.01 lakh equity shares) Price Band       ₹108 per share Subscription Period      March 11, 2025, to March 13, 2025 Lot Size      Minimum 1,200 shares, requiring an investment of ₹1,29,600 Listing Date      March 19, 2025 (on BSE SME platform) Use of IPO Proceeds   -  Funding working capital r...

बाजार का एक साइडवेज क्लोज़ (07 मार्च 2025)

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  7 मार्च 2025, शुक्रवार को भारतीय शेयर बाजार में मिलाजुला प्रदर्शन देखने को मिला, जो वैश्विक आर्थिक चिंताओं और घरेलू नीतिगत बदलावों से प्रभावित था। बाजार सूचकांक: BSE Sensex: 0.01% की मामूली गिरावट के साथ 74,332.58 पर बंद हुआ। Nifty 50: 0.03% की वृद्धि के साथ 22,552.50 पर बंद हुआ। क्षेत्रीय हाइलाइट्स: सूचना प्रौद्योगिकी (IT): IT सेक्टर में 0.85% की गिरावट आई, जो मुख्य रूप से अमेरिकी शुल्कों के चलते उत्पन्न चिंताओं से प्रभावित था। ऑटोमोबाइल: ऑटो सेक्टर में 0.24% की वृद्धि देखी गई, CLSA ने यह कहा कि अमेरिकी कारों पर आयात शुल्क हटाने का भारतीय कार निर्माताओं पर सीमित प्रभाव हो सकता है। प्रमुख शेयरों का प्रदर्शन: रिलायंस इंडस्ट्रीज लिमिटेड: शेयर 3.32% बढ़कर 1,249.80 रुपये पर बंद हुए, जो बाजार से बेहतर प्रदर्शन रहा। स्टेट बैंक ऑफ इंडिया (SBI): शेयर 0.10% बढ़कर 732.75 रुपये पर बंद हुए, जो बाजार से थोड़ा कम प्रदर्शन रहा। इंडसइंड बैंक लिमिटेड: शेयर 3.60% गिरकर 936.75 रुपये पर बंद हुए, जो प्रतिस्पर्धियों से कमजोर प्रदर्शन रहा। अल्ट्राटेक सीमेंट लिमिटेड: शेयर 0...

A Sideways Close to The Market (07 March 2025).

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  On Friday, March 7, 2025, the Indian stock market experienced a mixed performance, influenced by global economic concerns and domestic developments. Market Indices: BSE Sensex: Marginally declined by 0.01% to close at 74,332.58. Nifty 50:  Rise by 0.03% to 22,552.50. Sector Highlights: Information Technology (IT): The IT index decreased by 0.85%, impacted by ongoing concerns over U.S. tariffs. Automobile: The auto index rose by 0.24%, with CLSA suggesting that potential removal of import duties on U.S. cars may have limited impact on Indian carmakers. Notable Stock Movements: Reliance Industries Ltd.: Shares rose by 3.32% to 1,249.80 Indian rupees, outperforming the market. State Bank of India (SBI): Shares increased by 0.10% to 732.75 rupees, underperforming the market. IndusInd Bank Ltd.: Shares fell by 3.60% to 936.75 rupees, underperforming competitors. UltraTech Cement Ltd.: Shares rose by 0.85% to 10,582.40 rupees, outperforming the market. HDFC Bank ...