News for Nava Bharat Ventures Limited (NBVENTURES.NS)

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

Nava Q1 earnings: The company said both export and domestic markets for manganese alloys witnessed firm momentum during the quarter

Naraj Shetti, Technical Research Analyst, HDFC Securities, said the short-term trend of Nifty continues to be range-bound. “But Friday's sharp upside recovery from the lows hints at the possibility of more upside for the market ahead. A sustainable upmove above 15,900-15,950 levels could bring bulls back into the market and that could possibly pull the Nifty towards the next upside levels of 16,200-16,300 levels quickly. Immediate support is placed at 15,630,” he said.

Benchmark indices extended gains on Monday on the back of buying in auto and construction stocks. The BSE Sensex rose over 450 points or 0.84% to 54,782, and the NSE Nifty 50 gained 104 points to 16,370.

Recovering from steep correction in the previous session, benchmark indices sharply on Friday amid strength in Asian markets and US equity futures. The BSE Sensex rose over 1,200 points and was seen testing the 54,000-mark, while the NSE Nifty 50 index climbed nearly 400 points and was within striking distance of 16,200 level.

Read more about Nava Bharat Ventures zooms 33% in 4 days on robust Q4 results on Business Standard. The company reported robust growth in its operations, backed by solid traction in manganese alloy business in both export and domestic markets.

Trends in SGX Nifty indicate a positive opening for the broader index in India with a gain of 40 points

Asian stocks opened higher on Monday after Wall Street rebounded, backed by gains among high-tech stocks, following a Wall Street bounce sparked by a rally among tech-rich stocks. MSCI's index of Asia-Pacific shares outside Japan was up 0.23 per cent.

Adani Ports, Eicher Motors, Tata Motors, ONGC, Tata Consumer Products were the top gainers in Nifty pack, and HDFC Bank, Bajaj Finserv, HDFC, Reliance, Hindalco were the laggards.

BSE Sensex and Nifty 50 were trading half a per cent down on the last day of the week, dragged by sell off in index heavyweights

Nagaraj Shetti of HDFC Securities feels the short-term trend of Nifty continues to be down and there is no clear evidence of bottom formation at the lows.

Nifty futures tumbled 109 points or 0.69 per cent to 15,666.50 on Singaporean Exchange on weekly options expiry day.

Trends on SGX Nifty indicate a negative opening for the index in India with a 97 points loss.

Stocks in the news: Check out the companies making the biggest headlines before the opening bell.

Equity market opened marginally down and drifted further lower to end near days’ low on Wednesday. The Nifty fell 102 points to close at at 15,762 points. The broader market too fell with Nifty Midcap 100 /Nifty Smallcap 100 down -0.9%/-0.5% respectively. Here are stocks that would be in action today based on news and brokerage recommendations. These are not suggestions to buy or sell, but are mai