News for NRB Bearings Limited (NRBBEARING.BO)

Apollo Hospital, Eicher Motors, Shriram Finance, Power Grid and SBI Life were among the top losers on NSE.

Indo Thai Sec, Norben Tea Exp, Aarvee Denims, Capital Infra Trust and Camlin Fine Sc, hit their fresh 52-week highs at 11:13AM.

The Nifty Auto index was trading 1.26 per cent down at 22820.4.

The Nifty Pharma index was trading 1.09 per cent down at 21430.55.

The Nifty Bank index was trading 0.7 per cent down at 49630.2.

The Nifty IT index was trading 0.27 per cent down at 42483.1.

Buzzing Stocks Today, Stocks that will see action today: 7 February, 2025 - ITC, Agro Tech Foods, Fortis Healthcare, NTPC Green, Autobindo Pharma, Meson Valves, Solar Industries, Petront LNG, HG Infra, BSE, Zomato, Tata Power, Dr Reddy’s Lab, Mahindra Logistics, Asian Paints

Speaking at the Bharat Mobility Global Expo 2025 (The Auto Expo Components Show), Dr. Saravanan Muthiah, Chief Technology Officer, Product Technology and R&D at NRB Bearings Limited, emphasises the company's strategic focus on integrating alternative, greener materials into its product portfolio. He states, “We are fully focused on not just lightweighting but also its broader impact, such as inertia reduction and friction optimisation, which ultimately contribute to lower noise levels.”

Buzzing stocks, stocks to watch: Bharti Airtel, Kalpataru, Wockhardt, IEX, Polycab, Innova Captab, KIMS, Sterling Tools, M&M, NHPC, SAIL, Ircon, Va Tech Wabag, Bajaj Electrical

Stocks including Bajaj Auto, ONGC, Cochin Shipyard, LTIMindtree, Power Finance Corporation, PNC Infra, RailTel, HFCL and more will be the spotlight on Wednesday, October 16.

India Cements, Vijaya Diagnostic and Utkarsh Small Finance Bank saw Rs 100-110 crore worth MF selling. Balrampur Chini, MTAR Tech, Kesoram Industries, Quess Corp and VRL Logistics were other smallcap stocks seeing MF selling in February.

Chart patterns suggest the 10-20 day exponential moving average (EMA) zone of 21,580-21,630 will act as a strong support going forward. Until spot Nifty holds 21,580, we may witness the continuation of the current momentum up to levels of 22,100-22,150.

Mumbai real estate update: Oberoi Realty had in May 2023 signed a memorandum of understanding with NRB Bearings Limited for buying the land

Stocks to watch: Check out the companies making headlines before the opening bell today, on December 6, 2023.

Between midcap and smallcap funds, the latter has seen the highest inflows in 2023 to the tune of Rs 26,305 crore. On the contrary, largecap funds have seen net outflows of Rs 3,607 crore in the same period.

Top mutual funds bought fresh stakes in Inox Wind, BSE, RPG Life Sciences, Shivalik Bimetals Control and Thomas Cook (I) and hiked their holdings in Suzlon Energy, Minda Corp, SJS Enterprises and Medplus Health Services, according to a Nuvama report

Smallcap World Fund offloaded shares in Dreamfolks Services, and Shriram Finance, but bought in Aavas Financiers via block deals.

Foreign portfolio investor Acacia Partners LP offloaded shares worth Rs 16.35 lakh or 1.68% stake in NRB Bearings at an average price of Rs 269 per share.

In June, the best-performing sectors in the Indian market were consumer discretionary, realty, healthcare, automobiles, and capital goods. The S&P BSE Realty, Healthcare, and Capital Goods sectors saw 9-10% upside. Smallcap stocks in the automobile and auto ancillary sector also performed well. Analysts remain bullish on the auto ancillary space due to strong automobile demand. In the capital goods space, 31 smallcap stocks had double-digit returns. The healthcare sector also gave good returns, with several stocks experiencing significant gains. However, banks, financials, information technology, and oil and gas sectors underperformed.