Market WRAP: Nifty closes below 17,000; Sensex tanks nearly 850 points amid a severe sell-off in the last hour
Market WRAP: Nifty closes below 17,000; Sensex tanks nearly 850 points amid a severe sell-off in the last hour

Market WRAP: Nifty closes below 17,000; Sensex tanks nearly 850 points amid a severe sell-off in the last hour

Only three stocks namely, Axis Bank, Adani Enterprises, and Asian Paints emerged as the top gainers from Nifty 50 stocks.

DSIJ Intelligence Article rating: 5.0

Indices closed on a weaker note as a sharp sell-off towards the end hurt investors’ sentiment. Nifty plunged 1.49 per cent to close below 17,000 while Sensex tanked 843 points.

This micro-cap IT stock got locked at 10 per cent upper circuit despite weak market sentiment; here's why!
This micro-cap IT stock got locked at 10 per cent upper circuit despite weak market sentiment; here's why!

This micro-cap IT stock got locked at 10 per cent upper circuit despite weak market sentiment; here's why!

Earlier in September, the company had announced the issue of bonus shares in the ratio of 1:2 (i.e. one new equity share for every two existing equity shares held) and a stock split from Rs 10 to Rs 1

DSIJ Intelligence Article rating: 3.8

The company’s standalone revenues for H1FY23 rose to Rs 7.85 crore (H1FY23) as against Rs 0.42 crore in the same period last year.

Shares below Rs 100: Only buyers were seen in these stocks on October 11!
Shares below Rs 100: Only buyers were seen in these stocks on October 11!

Shares below Rs 100: Only buyers were seen in these stocks on October 11!

Panacea Biotec, the top gainer in the small-cap pack, kept small-cap bulls busy with its shares surging more than 18 per cent!

DSIJ Intelligence Article rating: 4.3

Panacea Biotec, the top gainer in the small-cap pack, kept small-cap bulls busy with its shares surging more than 18 per cent!

Trending stock below Rs 100: This multibagger sugar stock jumped 900 per cent in past three years! Do you own it?
Trending stock below Rs 100: This multibagger sugar stock jumped 900 per cent in past three years! Do you own it?

Trending stock below Rs 100: This multibagger sugar stock jumped 900 per cent in past three years! Do you own it?

The stock has registered a strong price volume breakout as it soared another 4 per cent to hit an all-time high level of Rs 68.65 on NSE

DSIJ Intelligence Article rating: 4.0

The main driver for the sugar stocks has been the government’s increased push towards ethanol blending in fuel. Ethanol is the by-product of sugar and the government plans to blend 20 per cent ethanol with the fuel.  

Watch out for these penny stocks locked in the upper circuit on October 11
Watch out for these penny stocks locked in the upper circuit on October 11

Watch out for these penny stocks locked in the upper circuit on October 11

In the early trade, the headline equity barometers experienced modest declines.

DSIJ Intelligence Article rating: 4.3

Negative global cues lowered market confidence. Most of the sectors on the bourses are trading in red, with metal, oil & gas and realty down by more than 1 per cent each. 

Eight Companies get listed on the BSE SME Platform; market capitalization crosses Rs 60,000 crore mark
Eight Companies get listed on the BSE SME Platform; market capitalization crosses Rs 60,000 crore mark

Eight Companies get listed on the BSE SME Platform; market capitalization crosses Rs 60,000 crore mark

Silicon Rental Solutions Limited, Trident Lifeline Limited, Reetech International Cargo and Courier Limited, Cargotrans Maritime Limited became, Concord Control Systems Limited, Insolation Energy Limited, Cargosol Logistics Limited and Steelman Telecom Limited became the 395th, 396th, 397th, 398th, 399th, 400th, 401st and 402nd company, respectively to get listed on the platform

DSIJ Intelligence Article rating: 4.9

BSE SME today announced the listing of eight companies on its platform. This brings the total number of listed companies, till date, to 402, while simultaneously crossing the market capitalisation of Rs. 60,000 crore.

Overnight Digest: Stocks likely to be in focus on October 11
Overnight Digest: Stocks likely to be in focus on October 11

Overnight Digest: Stocks likely to be in focus on October 11

Watch out for these stocks for Tuesday's trading session.

DSIJ Intelligence Article rating: 4.1

In a highly volatile session on Monday, the benchmark indices ended lower. Sensex slipped 200.18 points or 0.34 per cent and closed at 57,991.11 while Nifty fell 73.70 points or 0.43 per cent to 17,241. 

Good News: This multibagger renewable energy company has recorded 449 per cent growth in H1FY23 revenues!
Good News: This multibagger renewable energy company has recorded 449 per cent growth in H1FY23 revenues!

Good News: This multibagger renewable energy company has recorded 449 per cent growth in H1FY23 revenues!

Year-to-date, the stock is up by 1,095.55 per cent and over the last three months, it has furnished returns of 125.75 per cent

DSIJ Intelligence Article rating: 4.1

The company continues to grow its national footprint while concurrently increasing its project sizes, which is a testament to its sharpening project delivery skills. 

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