News for JTEKT India Limited (JTEKTINDIA.NS)

Tata Power commissions 126 MW floating solar projects, India Glycols mulls demerger, Jai Balaji approves share split, Morgan Stanley buys PNB Housing stake.

The uptick in the stock price came after the company announced that it has evaluated and approved capacity expansion for CVJ Forging Child Part

The Nifty Auto index was trading 0.65 per cent up at 21282.75.

The Nifty Realty index was trading 0.31 per cent down at 893.0.

The Nifty IT index was trading 0.57 per cent up at 34943.7.

Nov 07, 2023 / 04:45AM GMTOperator Ladies and gentlemen, good day, and welcome to JTEKT India Limited Q2 FY '24 Earnings Conference Call. (Operator Instructions

Nifty could extend its uptrend towards next resistances of 22,600-22,700 followed by 23,000-23,100. Supports for the Nifty are seen at 22,200 and 21,800.

General Insurance Corporation stock has rallied over 75 percent year-to-date, outperforming benchmark Nifty 50 which has risen 15 percent during this period.

The share touched a 52-week high of Rs 167.90 and a 52-week low of Rs 95.55 on 10 August, 2023 and 28 March, 2023, respectively.

Sensex, Nifty updates| Find here all the updates related to Sensex, Nifty, BSE, NSE, share prices and Indian stock markets for 12 December 2023. Benchmark stock indices closed lower on Tuesday due to profit taking by investors after a record-breaking rally and ahead of release of key inflation numbers. After a two-day rally, the 30-share BSE Sensex fell by 377.50 points or 0.54 per cent to settle at 69,551.03. During the day, it declined 484.68 points or 0.69 per cent to 69,443.85. The Nifty declined by 90.70 points or 0.43 per cent to 20,906.40. In intra-day trade, it hit a record high of 21,037.90. Key stock indices had settled at lifetime high levels on Monday following buying by foreign investors.

A bounce is expected in the market during the week. For the Nifty, hurdle is at 18,650-18,850, while immediate support is seen at 18,400-18,300, Nagaraj Shetti of HDFC Securities has said

Nifty futures on the Singapore Exchange traded 25.50 points, or 0.14 per cent, lower at 18,212.50, hinting at a negative start for the domestic market on Monday.