News for RITES Limited (RITES.BO)

Sensex settled with marginal gains of 260.74 pts at 80,998.25 and Nifty 50 was up 77.70 pts to close at 24,620.20

Sensex declined 106.01 pts or 0.13 per cent to 81,445.62 as at 12.36 pm, and Nifty 50 dipped 38.35 pts or 0.15 per cent to 24,787.85.

Indian markets fell sharply on Tuesday, with Sensex down 873 points and Nifty losing 261 points, amid weak global cues, profit booking, and cautious investor sentiment driven by US fiscal uncertainty and India-US trade concerns.

Railway stocks fell sharply on Tuesday amid broad market weakness and profit booking, following a sharp rally in recent sessions. Shares of RITES, Titagarh Rail Systems, and Jupiter Wagons led the decline. The fall comes after strong gains driven by optimism over resumed railway orders and sector-specific ETFs delivering over 16% returns last week.

Indian markets ended lower on Friday due to profit booking in financial and IT stocks. Despite the dip, midcaps, smallcaps, and rate-sensitive sectors stayed strong. Optimism remains on easing global tensions and rate cut hopes. US and European markets extended gains, while key Indian stocks saw high activity and buying interest.

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India Business News: Dalal Street witnessed a significant rally following the Indo-Pak ceasefire, adding over $300 billion to investor wealth. The Sensex and Nifty climbed

Shares of Bharat Electronics, Adani Enterprises, NTPC, Bajaj Auto and Eicher Motors topped the list of Nifty 50 gainers, while Bharti Airtel, IndusInd, HCL Tech, Shriram Finance and Grasim Industries depreciated.

Leading cinema exhibitor PVR INOX on Monday reported narrowing of its consolidated net loss to Rs 125.3 crore in March quarter of FY25.

Stocks including Tata Steel, Power Grid, Tata Consumer Products, Coal India, NMDC, JSW Energy, RITES, Siemens, Hindustan Copper will be in the spotlight on Wednesday, April 02.

Stocks including Reliance Industries, ITC, Power Grid, LTIM, Vedanta, HAL, Paytm, BSE, Federal Bank, RITES, Mankind Pharma and NCC will be in the spotlight on Tuesday, April 01.

Stocks including IREDA, Tata Motors, HUL, NBCC (India), IndusInd Bank, IRCON International, JM Financial and RITES will be in the spotlight on Tuesday, March 18.

BSE Smallcap fell 2% last week, with 821 stocks declining up to 43%. Market sentiment remained weak due to US recession fears and tariff wars. Notable laggards included BMW Industries, Triveni Turbine, Orchid Pharma, and Coffee Day Enterprises.

The smallcap stock has risen 24% in four trading days, rebounding from its 52-week low of ₹137.20 touched on March 4, 2025.

Sensex and Nifty ended flat after recent gains. Inox Wind surged on a new order, media stocks rallied, RITES gained on a railway deal, while realty and Gensol Engineering stocks declined.

Stocks including TCS, Power Grid, Bharat Electronics, IndiGo, Biocon, Rail Vikas Nigam, Quess Corp, RITES, Laurus Labs and Firstsource Solutions will be in the spotlight on Friday, March 07.

Buzzing Stocks Today, Stocks that will see action today: 7 March 2025 - TCS, Aarti Drugs, BEL, K&R Rail, Ambuja Cements, BEL, Coromandel Intl, Jay Bharat Maruti, Kalpaturu Projects, Laurus Labs, Biocon, Brigade group, RVNl, RITES, Firttsource, and Avanti Feeds

They included names such as BEML Ltd, Cyient DLM Ltd, IRCON International, Mastek Ltd, Karnataka Bank Ltd, Titagarh Rail Systems Ltd and VIP Industries Ltd.

Stocks including Waaree Energies, Cyient, Bharat Forge, IREDA, Tata Tech, HFCL, Patanjali Foods, RITES and Orchid Pharma will be in the spotlight on Thursday, February 20.