HT’s complete coverage of stock market on April 8 as Sensex, Nifty rise

Stock Market LIVE Updates: BSE Bank index rose 0.5 percent led by IDFC First Bank, Axis Bank and IndusInd Bank.

Stock Market LIVE Updates: South Indian Bank board appointed Vinod Francis as Chief Financial Officer (CFO) and key managerial personnel of the bank.

Stock Market LIVE Updates: Morgan Stanley  gave an equal-weight call for Marico with a target ₹533 per share and said that the company’s Q4 performance was broadly in-line with estimate.

To hire chip-making professionals, Tata Group all set for huge Taiwan talent hunt. Read here

Stock Market LIVE Updates: NTPC aims for 5 GW capacity addition in FY25, Bloomberg reports. 

Stock Market LIVE Updates: Pratik D Punjabi resigned as Chief Financial Officer of Jammu & Kashmir with effect from April 5.

Stock Market LIVE Updates: Birla Pivot hits a milestone of achieving ₹1,000 crore revenue in its first year of operations – FY24.

Stock Market LIVE Updates: 1.4 million shares of Exide Industries traded in a bunch, Bloomberg reported. 

Stock Market LIVE Updates: 1.27 million shares of ONGC traded in a bunch, Bloomberg reported. 

Stock Market LIVE Updates: Adani TotalEnergies E-Mobility Limited (ATEL) signed a Memorandum of Understanding (MoU) to strengthen the EV charging infrastructure in India.

Stock Market LIVE Updates: United Breweries received an order for tax demand (along with interest and penalty) of ₹263.72 crore for FY20 from the Maharashtra State Goods & Service Tax Department.

Stock Market LIVE Updates: M&M, Eicher Motors and Maruti Suzuki are leading the rally today.

Shares of Eicher Motors, Maruti Suzuki and M&M were top gainers on the list of Nifty 50 stocks. The shares surged between 3-5 per cent.

Stock Market LIVE Updates: Edelweiss Financial Services announces ₹2,000 million public issue of Secured Redeemable NCDs. 

Titan Company registered a revenue growth of 17% YoY for the quarter ended March FY24, and added 86 stores (net) during the quarter, it said. 

Sensex was up 390.68 points or 0.53 percent at 74,638.90. Nifty was up 117.00 points or 0.52 percent at 22,630.70. 

Stock Market LIVE Updates: Air India appoints Jayaraj Shanmugam as Head of Global Airport Operations

Stock Market LIVE Updates: JSW Energy closed its qualified institutions placement (QIP) issue and raised ₹5,000 crore via allotment of 10.3 crore equity shares to 97 qualified institutional buyers at issue price of ₹485 per share. 

Stock Market LIVE Updates: At 9.48am, shares of Adani Ports and Special Economic Zone were trading at ₹1,349.65 on the NSE.

Stock Market LIVE Updates: Nifty PSU Bank index down 0.6 percent as Union Bank of India, J&K Bank, Punjab National Bank drag.

Stock Market LIVE Updates: Since April 2023, BSE listed firms gained ₹145 trillion in market capitalisation and saw a 57% surge.

Stock Market LIVE Updates: Jefferies slashed the target price of the stock to ₹170 from ₹290, citing founder-CEO Chandra Shekhar Ghosh’s resignation. Read here

Stock Market LIVE Updates: Voltas AC share price gained 10% in the morning trades to scale 52-week highs.

Stock Market LIVE Updates 6.05 million shares (0.3 percent) of Adani Ports were traded in a bunch, Bloomberg reported.

Stock Market LIVE Updates: Shares of YES Bank Ltd are in focus as the private lender announced the date for its board meeting, wherein it will consider and approve results for the quarter ended March 31.

Indian indices opened on a positive note with Nifty above 22,550 and Sensex up 200 points

Stock Market LIVE Updates: Titan reported a revenue growth of 17 percent year-on-year (YoY) in the fourth quarter of FY24 and said that it added 86 stores during the quarter. Jewellery segment contributed to the growth as domestic operations surged 19 percent YoY led by “both buyers and same store sales clocking healthy double-digit growths”, the company said. 

Stock Market LIVE Updates: As per ACE MF data, three index funds and a thematic fund will open for subscription this week. Read here

Stock Market LIVE Updates: Foreign institutional investors (FIIs) net bought shares worth ₹1,659.27 crore, on April 5 while domestic institutional investors (DIIs) sold ₹3,370.42 crore worth of stock, data from the NSE showed.

Stock Market LIVE Updates: The company saw growth accelerate in Q4 FY24 with strong GMV growth of early thirties at a consolidated level on a YoY basis.

Brokerage firms- global and domestic initiated coverage on several stocks ahead of Q4 results. These include Aditya Birla Capital, Jindal Steel & Power and DMart with a targeted upside of up to 17% as per brokerages. Here’s a look at 5 stocks on which brokerages initiated coverage

The trading in equity shares of Yash Optics & Lens will commence on the NSE Emerge today. 

Stock Market LIVE Updates: K2 Infragen will make its debut on the NSE Emerge on April 8 and its equity shares will be available for trading in trade-for-trade surveillance segment.