News for United Drilling Tools Limited (UNIDT.BO)

Stocks including Bharti Airtel, Zomato, ABB India, Paytm, Anant Raj, SBI Cards, GMR Airports, KIMS and Uno Minda more will be in the spotlight on Tuesday, February 14.

UltraTech, HCL Tech, HUL, Adani Power, Mazagaon, Lemon Tree & Exicom Tele and more may remain under the spotlight before the opening bell on Tuesday, August 27.

Sensex, Nifty updates on 23 February, 2024: During Friday’s trading session, India’s benchmark stock indices, Sensex and Nifty, went through a volatile phase and ended lower due to selling pressure in IT and select banking stocks. The BSE Sensex closed at 73,142.80, slipping 15.44 points, with 17 components in the red and 13 in the green. Although it opened higher, profit-taking activities led to losses later in the day, with the index fluctuating between 73,413.93 and 73,022. The broader Nifty of NSE also closed lower at 22,212.70, down 4.75 points. While FMCG, pharma, and financial shares gained, losses in IT and private bank shares offset these gains. On the global front, markets were mostly higher, following impressive quarterly results by Nvidia that led to strong gains in US markets.

Q3 Results Today: Tata Power, Pfizer, Hero Motor, Bajaj Healthcare, Saregama India, Inox Wind, Bajaj Hindustan Sugar and tv today Network among 351 companies that will post their quarter 3 2024 results today on February 9.

Stock Market today | Share Market Live Updates - Find here all the live updates related to Sensex, Nifty, BSE, NSE, share prices and Indian stock markets for 20 December 2023. -- Sensex, Nifty updates 20 December 2023: After opening in record highs, market benchmark indices plunged into the red range on Wednesday. At 3.30 pm, the BSE Sensex declined 930.88 points to 70,506.31, with the Nifty losing 302.95 points to 21,150.15. Sharp unwinding is reflected in mid-cap and small-cap stocks. The Nifty small-cap 100 recorded a percent change of -3.63, while the Nifty mid-cap 100 experienced a change of -3.27%. This was the worst session in three months for small-caps and 12 months for mid-caps.

Kacholias 1.97% stake purchase in Venus Pipes comes on the back of a strong rally in the stock with multibagger returns of more than 240% in the last 12 months, which are almost 20 times higher than the returns given by S&P BSE Sensex during this period. In this year alone, the stock price has shot up 73%.

In May, the company was awarded an order from ONGC for large OD casing pipe with connectors worth Rs 72 crore.

Kacholia had held 5.7 lakh shares or 2.81 percent stake in the company as of March 2023. The stock fell 2.5 percent to Rs 190.

Based on the OI percentage, 92 stocks, including Glenmark Pharma, Tata Communications, JK Cement, India Cement, and Britannia Industries, saw a long unwinding.

For the Nifty, 18,460–18,420 will act as a crucial support zone, with hurdle at 18,600–18,660, says Jatin Gedia of Sharekhan by BNP Paribas

Nifty 50 and S&P BSE Sensex have registered gains for three straight months, adding over 2% each in May, helped by strong corporate earnings results and sustained foreign inflows into equities.

Initial shareholding data showed that Ashish Kacholia, who is known for identifying multibagger stock, had bought over a 2 per cent stake in ramming mass mineral firm Raghav Productivity Enhancers in Q3FY23

Ashish Kacholia and Utpal Sheth are both now investors in a small-cap known as ‘Raghav Productivity Enhancers’. It is the only organized player in its industry & appears to be a mo…

Rakesh Jhunjhunwala, Dolly Khanna, Ashish Kacholia, Anil Kumar Goel, Vijay Kedia take their picks. See list here.

Stocks owned by the idols of Dalal Street including Rakesh Jhunjhunwala, Dolly Khanna and Ashish Kacholia retreated up to 60 per cent amid the ongoing correction in the domestic equity market since October 19, 2021, when the benchmark equity index BSE Sensex scaled its all-time high of 62245.43.

Seasoned equity investors were busy in selective buying on Dalal Street in the December quarter when the domestic equity market witnessed volatility due to some outflows by foreign institutional investors (FII) and rising cases of the new Covid variant, Omicron.

In another transaction, CLSA Global Markets sold 511,761 shares of Vijay Diagnostics at Rs. 562 per share through a bulk deal on the NSE.

The Nifty50 is approaching its four to six weeks multiple support zone of 15,700-15,600 levels, which remains a crucial level to watch for, said Rajesh Palviya of Axis Securities.

As of March 2021, Sundaram Clayton held 4.13 percent equity shareholding and TVS Motor 2.07 percent stake in Suprajit Engineering. The stock fell 8.25 percent to close at Rs 284.70.