News for Steel Exchange India Limited (STEELXIND.BO)

The number of penny stocks on BSE jumped to 517 today compared with 409 at the end of December 2024 end, as party for many narrative stocks got over, with their prices falling up to 80 per cent.

Steel Exchange India Ltd. has approved a Rs 600-crore fundraise to support its growth. The funds may be raised through equity shares or other eligible securities, subject to regulatory approvals.

Stocks to watch today, August 01, 2024: GIFT Nifty indicates a positive start for the benchmark equity indices on Thursday. Here is the list of buzzing stocks to watch during today's trading session

Buzzing Stocks Today, Stocks that will see action today: 31 July 2024 -- Adani Enterprises, Adani Energy Solutions, Mangalore Chemicals, Paradeep Phosphates, Vedanta, Oman, Indus Towers, South Indian bank, CG Power, PNB Housing Finance, Hexaware

Stocks to watch today, July 31, 2024: GIFT Nifty indicates a somber start for the benchmark equity indices on Wednesday. Here are buzzing stocks to watch during today's trading session

Q4 Results FY2024 today: Around 50 listed companies post their earnings for the fourth quarter that ended on March 31, 2024. Adani Green Energy, Godrej Properties, Tata Technologies, Titan Company and Britannia Ind are among top 50 companies scheduled to post earnings.

Midcap, smallcap stocks: M&M Financial, Max Healthcare, IOB, NHPC, Torrent Pharma, GMR Infra, IRFC, LTTS and Bank of India fell over 3 per cent each.

Q3 Results Today: Mahindra & Mahindra, NMDC, Muthoot Finance, The Fertilisers and Chemicals Travancore, Gland Pharma, Sun TV Network, Aditya Birla Fashion, and Retail, Glenmark Pharmaceuticals are among the top companies scheduled to release their quarter 3 2024 results on February 14

The company is one of the few manufacturers of CRS-grade rebars and supplies to the Indian armed forces as well as to other national infrastructure projects.

Among broader indices, BSE Midcap, Smallcap and Largecap indices fell 1.6 percent, 0.5 percent and 0.9 percent, respectively.

On the sectoral front, Nifty Media index shed 10 percent, Nifty Realty index down 4.5 percent, Nifty Bank index fell 2.6 percent, and Nifty PSU Bank index down 2 percent. On the other hand, Nifty Pharma index up 1.7 percent.

BSE's Sensex advanced 490.97 points, or 0.69 per cent, to settle at 71,847.57. NSE's Nifty50 surged 141.25 points, or 0.66 per cent, to end the day at 21,658.60 for the day.

Real Estate major Sobha was shy of its upper circuit limit of 20 per cent. The realty firm gained over 19.9 per cent to Rs 1338.95 during the session.

Steel Exchange India Limited announced that at its board meeting held on 18 November 2023, approved the issuance and allotment of 1,000 secured, unlisted, redeemable, non-convertible debentures...

NOTICES Notice No. 20231030-4 Notice Date ...

Jatin Gedia – Technical Research Analyst at Sharekhan by BNP Paribas expects this pullback to continue till 19778 – 19800 where resistance in the form of the 50% Fibonacci retracement level and the 20-day moving average is placed.

Among sectors, BSE Realty index added 2 percent, BSE Information Technology index rose 1.8 percent, BSE Capital Goods index gained 1 percent, while BSE Power Index shed 2.5 percent, BSE Metal index fell 2.3 percent and BSE Telecom index fell 2 percent.

BSE Sensex added 79.22 points, or 0.12 per cent, to settle at 65,075.82, while NSE's Nifty gained 36.60 points, or 0.19 per cent, to close at 19,342.65.

In Nifty the trend for the near term is likely to remain sideways to positive as long as it remains above the falling channel, says Rupak De, Senior Technical Analyst at LKP Securities.