News for Welspun Corp Limited (WELCORP.NS)

Nifty metal settled with 2% gain. Tata Steel, Jindal Stainless, Hindsutan Zinc, Welspun Corp and JSW Steel among top gainers.

Welspun Corp secures ₹3,000 crore orders for coated pipes in US, plans execution by 2026-2027, strengthening market position.

The Nifty remained volatile as the RBI Governor announced the monetary policy, said Rupak De, Senior Technical Analyst at LKP Securities. He added that the volatility did not push the index below the 21 EMA on the daily timeframe, signifying a positive short-term trend.

The BSE Sensex stood at 76,347.03, down 726.41 points or 0.94 per cent. The NSE Nifty fell 179.90 points or 0.77 per cent to 23,164.85.

Trump trade has peaked, said V K Vijayakumar of Geojit Financial Services adding that the decline in US bond yields and the dollar index are indications of this.

Sensex, Nifty updates 16 December 2024: The Sensex declined 384.55 points (0.47%) to 81,748.57, and the Nifty fell 100.05 points (0.4%) to 24,668.25, amid mixed sectoral performance and heightened market volatility. Despite losses, market breadth was positive, with 2,346 advances against 1,796 declines on the BSE.

Welspun Corp stock gained 4.43% to Rs 824.50 on BSE on Monday. Market cap of Welspun Corp stood at Rs 21,141 crore on BSE.

Indian indices fell over 1% on Thursday, erasing prior gains, driven by profit-booking, concerns over foreign inflows, and weak corporate earnings. Analysts suggest mixed sentiment, with some maintaining a bullish short-term outlook for the Nifty, targeting 25,350.

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Domestic equity indices declined on Wednesday, led by falling financial stocks amid foreign outflows and weak corporate earnings. The BSE Sensex dropped 426 points and the NSE Nifty fell 126 points, with analysts noting a rangebound trading pattern likely to persist.

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Stock market holiday: During the previous session on Tuesday, domestic benchmarks settled lower as energy shares dragged. The 30-share BSE Sensex pack shed 33 points or 0.04 per cent to end at 84,266. The broader NSE Nifty index edged down 14 points or 0.05 per cent to close at 25,797.

Indian equity indices Sensex and Nifty50 registered their steepest drop in two months due to profit booking and weak Asian markets, breaking below key support levels. Analysts highlight potential further weakness with key support at 25,750 and resistance at 26,000. The bearish sentiment affected both major and smaller stocks.

Indian benchmark indices surged over 1.5% on Friday, driven by positive global outlooks and strong U.S. economic data. The NSE Nifty 50 closed 1.65% higher at 24,541.15, and S&P BSE Sensex rose by 1.68% to 80,436.84.

Indian markets experienced slight declines on Monday amid allegations against SEBI chief, Madhabi Puri Buch. The Sensex fell by 57 points and Nifty by 20.5 points. Analysts indicated a weak momentum, highlighting key support and resistance levels to watch. Stocks like Divi's Labs and Equitas Small Finance Bank showed bearish trends, while others exhibited strong buying interest.

Benchmarks pared initial losses after starting lower on Monday following new allegations by US-based short-seller Hindenburg Research

Find here the complete list of firms that are expected to announce their quarterly results on Wednesday, August 7.

The NSE Nifty 50 and the BSE S&P Sensex settled little changed at 24,836.1 and 81,355.84 points, respectively. Both benchmarks had risen 0.4% to all-time highs earlier in the session.

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