News for Burnpur Cement Limited (BURNPUR.NS)

The Indian cement industry is hopeful of greener pastures after a long period of stress led by pricing pressures and other factors. The second half of FY25 is expected to bring respite due to price hikes, cost benefits and higher volumes, said analysts. The optimistic momentum also makes cement stocks attractive, analysts added, advising to buy dips following a period of bearish sentiment in these stocks.

Shares of cement companies have slid up to 19 per cent in the last four weeks on the NSE, against a 1.06 per cent jump in the benchmark Nifty50: Cement Stocks

SBI Life, HDFC Life, LTIMindtree, Hindalco and UltraTech Cem. were among the top losers on NSE.

The Nifty Realty index was trading 1.6 per cent up at 1082.35.

Tech Mahindra, Tata Consumer, HDFC Bank, Nestle India and ONGC were among the top losers on NSE.

The Nifty Realty index was trading 0.49 per cent down at 1121.15.

The Nifty Pharma index was trading 1.37 per cent up at 19782.05.

The Nifty IT index was trading 0.05 per cent up at 36140.0.

The Nifty Bank index was trading 0.27 per cent up at 52951.25.

The Nifty Bank index closed 0.11 per cent down at 52811.3.

Shriram Finance, L&T, Bajaj Auto, Eicher Motors and Divis Labs were among the top losers on NSE in today's trade.

Burnpur Cement, GRP Ltd, Route Mobile, KDDL Ltd and Hindustan Comp, hit their fresh 52-week highs during the day.

Shriram Finance, L&T, Maruti Suzuki, Bajaj Auto and Coal India Ltd were among the top losers on NSE.

The Nifty Pharma index was trading 0.08 per cent down at 19529.2.

The Nifty Realty index was trading 0.15 per cent down at 1097.8.

Burnpur Cement, GRP Ltd, Jindal Photo, Amines Plastic and Hexa Tradex, hit their fresh 52-week highs at 10:24AM.

The Nifty IT index was trading 0.1 per cent down at 35370.35.

Benchmark indices open lower, Nifty media, metal, healthcare, realty, consumer durables, and oil & gas trade positive.

Stocks to watch: Check out the companies making headlines before the opening bell today, on April 5, 2024.