News for Chennai Petroleum Corporation Limited (CHENNPETRO.NS)

PSU stocks such as Chennai Petroleum Corporation Ltd (CPCL), Mangalore Refinery and Petrochemicals Ltd (MRPL), Cochin Shipyard Ltd, MMTC Ltd, ITI Ltd and Oil India Ltd have led the losers, falling 47-59 per cent.

NCC has received an order valuing at Rs 349.70 crore (excluding GST) in the month of December. The order is related to building division and is received from private company and does not include any internal order.

The Nifty index has formed a Doji candle near its 200-day exponential moving average (DEMA) support at 23,540, indicating uncertainty. Immediate support is at 23,500-23,540, with a break below 23,500 potentially targeting 23,300-23,200. While the short-term trend is down, a pullback rally remains possible if Nifty holds above 23,500, according to Hrishikesh Yedve of Asit C. Mehta Investment Intermediates.

India VIX surged 10% to 15.57 as Nifty fell over 300 points to 24,839.40, marking an 11% increase this week after a month-long decline. Over the past month, India VIX had dropped 25%. Nifty's decline saw 43 stocks, including SBI and Tata Motors, in the red.

Chennai Petroleum Corp had reported a PAT of Rs 365.28 crore in Q3FY24. On a year-on-year basis, the net profit plunged 38% versus Rs 1,012.81 crore in Q4FY23.

Based on the OI percentage, a total of 74 stocks were on the short-covering list which included Vodafone Idea, IndiaMART InterMESH, Biocon, Page Industries, and Sun TV Network.

Indian shares fell on Monday, following losses in Asian markets, as investor sentiment was subdued after Iran's retaliatory attack on Israel over the weekend spurred fears of a wider regional conflict. The NSE Nifty 50 fell 1.1% to 22,272, while the S&P BSE Sensex lost 1.14% to 73,399, at close.

Shriram Finance's stock will replace UPL in the Nifty50 index from March 28. The stock has witnessed a strong rally and hit a 52-week high. It is currently trading above its moving averages. In other major indices, several stocks will be added and excluded.

Konstelec Engineers will be raising a total of Rs 28.70 crore via SME IPO, which entirely includes 41 lakh equity shares, open between January 19-24.

India's benchmark Nifty fell on Tuesday, dragged by financials and information technology, while a global rally fuelled by hopes of U.S. interest rate cuts showed signs of slowing down. ...

Q2 results 2023 news: Apart from the Dussehra stock market holiday, widely tracked companies such as Reliance Industries and Maruti Suzuki will declare their earnings this week.

Increasing usage of products like candles, hotmelts, board sizing, rubber, and others in hotels, restaurants, commercial buildings, and spas, coupled with...

/PRNewswire/ -- The hydrogen generation market is set to grow by USD 47.84 billion from 2022 to 2027 progressing at a CAGR of 5.58% during the forecast period....

Finally the happy days of the market were over on Wednesday and the midweek crisis hit hard, as the market fell and closed on red. Experts say that Thursday too might see a volatile market so be careful before investing, , share market today, stock prices today, bse sensex, nse nifty, national stock exchange, bombay stock exchange, daily update, morning update

The consistent uptrend in all five days of last week after forming a bottom around 17,550 in the previous week raised confidence among market participants

Thursday too was terrific for the Indian stock market and it closed on green for the fourth consecutive day. Experts feel that this upward trend may continue on the last trading day , , share market today, stock prices today, national stock exchange, nse nifty, bombay stock exchange, bse sensex, morning update

Stock Market News: Foreign institutional investors (FII) have net sold shares worth Rs 760.51 crore, whereas domestic institutional investors (DII) have net bought shares worth Rs 1,144.75 crore on January 24, as per provisional data available on the NSE

Based on the OI percentage, a short build-up was seen in 54 stocks on January 24, including Container Corporation of India, ONGC, Indus Towers, SBI Card, and Deepak Nitrite.

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