News for Indiabulls Real Estate Limited (IBREALEST.BO)

The 48-month NCDs, issued by Lucina Land Development (LLDL), offer an interest rate of 13.00% and are backed by corporate guarantees from Equinox India, Sion Developers, Citra Properties and RGE Constructions.

NCLAT approves merger of Indiabulls Real Estate and Embassy Group after setting aside NCLT order, citing valuation expertise.

Stocks including Tata Motors, Power Grid, IndusInd Bank, Marico, Nykaa, Coforge, Bank of Baroda, Federal Bank and more may remain under spotlight before the opening bell on Monday, July 08.

Stocks including Tata Steel, Vedanta, Bajaj Finance, Ixigo, Bandhan Bank, Marico, L&T Finance and more may remain under spotlight before the opening bell on Thursday, July 04.

Shares of Indiabull Real Estate (IBREL) surged up to 5.1 per cent, hitting its 52-week high at Rs 162.9 per share on the NSE in Friday's early morning trade

Stocks including YES Bank, Nestle India, Persistent System, Amara Raja Mobility, Indiabulls Real Estate and more may remain under spotlight before the opening bell on Friday, June 21.

Last week was eventful, though truncated. The BSE 500 index ended with an uptick of 664 points or 2%, following the footsteps of the headline index S&P BSE Sensex that gained 1,500 points or 2% to hit an all-time high of 75,636. The two defence PSU counters and railway play RVNL ended the week with an uptick of 35%, 32% and 27%, respectively.

Indiabulls Real Estate shares are trading higher than the 5 day, 20 day, 50 day, 100 day, 200 day moving averages.

Vodafone Idea has received approval from the board of directors for raising of up to Rs 2,075 crore from Oriana Investments, an Aditya Birla Group entity.

The market turned volatile around 22,500 on the Nifty 50 as it seems to have priced in the non-event. Going ahead, if index gives a strong close above 22,600, then further march towards 22,700-22,800 area is likely on cards, experts said.

The FY24 has been a turnaround year for smallcap stocks, witnessing a significant rally with many stocks turning multibaggers. However, concerns over valuations raised by Sebi might moderate returns in FY25. While equity bulls partied hard in most of FY24, the Securities and Exchange Board India (Sebi) turned a party spoiler towards the end.

Of the 74 stocks that gave double-digit returns, 14 belonged to the public sector space. The gains in these stocks come when Sensex saw marginal 1% rise in February amid high volatility.

Jio Financial Services Ltd (Jio Financial), ZEE, Shree Renuka Sugar, Power Grid, Federal Bank and NBCC other stocks on NSE that saw prise in both share price and volumes.

Zomato shares ended flat at Rs 157.45 on BSE on Monday. Zomato stock opened higher at Rs 157.50. In a year, the Zomato stock has risen 203% and climbed 26.47% in 2024.

In this week, the Indian rupee lost some ground against the US dollar, as domestic unit fell 11 paise to close at 83.03 in the week ended February 9 against the February 2 closing of 82.92.

Nifty found support at the 20DMA for the second day in a row, on Friday. The trend could weaken if it decisively drops below 21,690. A decisive fall below 21,690 may trigger a correction towards 21,500, says Rupak De, Senior Technical Analyst, LKP Securities.

Nifty Pharma is the best performing sectoral index in 2024 so far, after Nifty Realty Index which is up by ~10 percent on YTD basis. Nifty Pharma Index is up by ~3 percent on YTD basis.

The 30-share BSE Sensex pack rose 129 points or 0.19 per cent to trade at 69,651, while the NSE Nifty moved 51 points or 0.24 per cent up to trade at 20,952.

Stocks to watch: Check out the companies making headlines before the opening bell today, on December 4, 2023.