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    Stock Market Highlights: Sensex ends 300 pts higher and Nifty reclaims 17,600 led by Bajaj Finance, HDFC twins and HUL

    Stock Market Highlights: Sensex ends 300 pts higher and Nifty reclaims 17,600 led by Bajaj Finance, HDFC twins and HUL

    Stock Market Highlights: Sensex ends 300 pts higher and Nifty reclaims 17,600 led by Bajaj Finance, HDFC twins and HUL
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    Summary

    Stock Market LIVE Updates: Indian equity benchmarks BSE Sensex and NSE Nifty50 recovered initial losses to rise about half a percent in a choppy session on Monday, though nervousness persisted among investors globally ahead of key central bank decisions due this week following recession warnings from the IMF and the World Bank. Broader indices Nifty Midcap 100 and Nifty Smallcap 100 mirrored the gains in headline gauges in morning deals.

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    Bajaj Finance an amazing stock: Deepak Shenoy 

    Deepak Shenoy, Founder of Capitalmind, is of the view that the only thing that is going to stop Bajaj Finance shares is an overall drop in credit growth. "Credit growth is really good. We have not invested largely because the valuation scares us, but in general, if they continue to have earnings growth at these kinds of levels, of 25-30 percent plus, it might still be a reasonable candidate for a 5-8 year period even though the initial current volatility might take it down in the short term," he tells CNBC-TV18.

    "It's still much below its all-time high made earlier this year, so it's not showing any signs of momentum but it's a good stock to own. We have just probably missed the bus. We will probably get back in it at another point, but it definitely does look attractive," he adds. 

    Market At Close | Sensex and Nifty50 bag minor gains after rangebound session

    Here are some highlights:

    --HDFC, bajaj finance and Infosys aid market rebound

    --M&M top Nifty gainer following 30 percent stake sale in renewable energy arm

    --Bajaj finance rises three percent and SBI two percent after positive brokerage reports

    --Tata Steel, Tata Motors, Britannia and PowerGrid top Nifty losers

    --Can Fin Homes, GNFC and Delta Corp top midcap losers with huge volumes

    --Metal stocks under pressure on global uncertainty — Vedanta and Nalco down three percent

    --India Cements continues to gain momentum — stock surges 10 percent

    --Ambuja Cements rises nine percent after co's issuance of warrants

    --Escorts Kubota surges eight percent after management says JV getting into the black by year ending March 2024

    --Market breadth favours the bears — advance-decline ratio at 2:3

    Stock Market Highlights: Sensex ends 300 pts higher and Nifty reclaims 17,600 led by Bajaj Finance, HDFC twins and HUL

    Can Fin Homes shares drop after Girish Kousgi resigns as MD and CEO 

    Can Fin Homes finish the day down 7.3 percent at Rs 589.6 apiece on BSE, having slumped as much as 8.8 percent during the session, after Girish Kousgi resigns as MD and CEO with effect from today.

    The stock trades with a multifold surge in volumes. A total of 4.2 lakh Can Fin shares change hands on BSE during the session, as against a daily average of 25,000 in the past two weeks, according to exchange data. 

    Stock Market Highlights: Sensex ends 300 pts higher and Nifty reclaims 17,600 led by Bajaj Finance, HDFC twins and HUL

    Rupee inches lower vs US dollar

    Stock Market Highlights: Sensex ends 300 pts higher and Nifty reclaims 17,600 led by Bajaj Finance, HDFC twins and HUL

    Titan makes it to the green

    Earlier in the day, the Titan stock had declined by as much as Rs 60.2 or 2.3 percent to Rs 2,552.1 apiece on BSE. 

    Stock Market Highlights: Sensex ends 300 pts higher and Nifty reclaims 17,600 led by Bajaj Finance, HDFC twins and HUL

    India pays record amounts for LNG to replace lost Russian supply: Bloomberg 

    GAIL bought LNG cargoes at more than double the price it paid last year, according to the report.

    Stock Market Highlights: Sensex ends 300 pts higher and Nifty reclaims 17,600 led by Bajaj Finance, HDFC twins and HUL

    India Pesticides looking at Rs 100-125 crore capex over 4 year: CEO Dheeraj Kumar Jain 

    Dheeraj Kumar Jain, CEO of India Pesticides, tells CNBC-TV18 that the company is looking at capital expenditure of Rs 100-125 crore over the next four years. “We would be increasing our capacity by another 4,000 tonnes by March 2023 by adding one more intermediate, which is largely imported. Apart from this, we have already bought under our 100 percent subsidiary a piece of land near Kanpur of about 25 acres. There we are going to expand further project work," he says. 

    Stock Market Highlights: Sensex ends 300 pts higher and Nifty reclaims 17,600 led by Bajaj Finance, HDFC twins and HUL

    Jawahar Lal Goel resigns from Dish TV board

    Stock Market Highlights: Sensex ends 300 pts higher and Nifty reclaims 17,600 led by Bajaj Finance, HDFC twins and HUL

    ICICI Bank, LIC Housing Finance, Yes Bank and Tata Steel at day's lows

    Some of the other stocks at their weakest levels of the day at this hour are Spandana Sphoorty, REC, Aditya Birla Capital and NTPC. 

    Here's a look at the top F&O laggards: 

    --Can Fin homes

    --Delta Corp

    --GNFC

    --Gujarat Gas

    --L&T Tech

    --Aurobindo Pharma

    --Indus Towers

    --SAIL

    --Vedanta

    --Birlasoft

    --IEX

    --GSPL

    Have 8% share in Rs 4,000 crore market: Go Fashion's Gautam Saraogi 

    UPL at day's high

    Stock Market Highlights: Sensex ends 300 pts higher and Nifty reclaims 17,600 led by Bajaj Finance, HDFC twins and HUL

    Hindustan Unilever shares firm in the green

    Earlier in the day, the HUL stock had declined by as much as Rs 20.8 or 0.8 percent to Rs 2,507.6 apiece on BSE. 

    Stock Market Highlights: Sensex ends 300 pts higher and Nifty reclaims 17,600 led by Bajaj Finance, HDFC twins and HUL

    Reliance rises and ONGC falls after Centre's windfall tax move 

    Reliance Industries shares rise but Oil & Natural Gas Corp (ONGC) declined amid mixed moves across the oil & gas pack. The government has lowered a windfall tax on domestically-produced crude oil, and the export of diesel and jet fuel. (Read more)

    Stock Market Highlights: Sensex ends 300 pts higher and Nifty reclaims 17,600 led by Bajaj Finance, HDFC twins and HUL

    Large Trade | 35.1 lakh shares of Ambuja Cements worth Rs 196.25 crore change hands

    Stock Market Highlights: Sensex ends 300 pts higher and Nifty reclaims 17,600 led by Bajaj Finance, HDFC twins and HUL

    Adani Green commissions 325 MW Wind Power Plant in Madhya Pradesh

    Stock Market Highlights: Sensex ends 300 pts higher and Nifty reclaims 17,600 led by Bajaj Finance, HDFC twins and HUL

    Welspun Corp zooms after bagging US-based project for pipes

    Shares of Welspun Corp rose as much as 4.5 percent on Monday after the company announced it had bagged an order for a supply of high-frequency induction welding pipes for a carbon capture pipeline project in the United States. (Read more)

    PSP Projects bags order of Rs 167.35 crore

    Stock Market Highlights: Sensex ends 300 pts higher and Nifty reclaims 17,600 led by Bajaj Finance, HDFC twins and HUL

    Buy Eicher Motors, Sell National Aluminium: Gaurav Ratnaparkhi
    Here are two recommendations by Gaurav Ratnaparkhi of Sharekhan
    -- Buy Eicher Motors for a target of Rs 3,680-3,800 with a stop loss at Rs 3,450 
    -- Sell National Aluminium for a target of Rs 73-70 with a stop loss at Rs 79.50 

    Indoco Remedies' Clinical Research Organisation, Ana Cipher in Hyderabad gets no observations from US FDA

    Stock Market Highlights: Sensex ends 300 pts higher and Nifty reclaims 17,600 led by Bajaj Finance, HDFC twins and HUL

    State Bank of India at day’s high

    Stock Market Highlights: Sensex ends 300 pts higher and Nifty reclaims 17,600 led by Bajaj Finance, HDFC twins and HUL

    Buy Escorts, sell Tata Stell: Manas Jaiswal

    Here are some recommendations by Manas Jaiswal of manasjaiswal.com:
    -- Buy Escorts for a target of Rs 2,150 with a stop loss at Rs 2,000 
    -- Sell Tata Steel for a target of Rs 102 with a stop loss at Rs 106.50 

    National Logistics Policy lays out a path of unification for all logistic services: R Dinesh of TVS Supply Chain Solutions

    DCW in focus
    -- DGTR recommends safeguard investigation into imports of PVC suspension resins
    -- DCW & Chemplast Cuddalore sought safeguard investigation on PVC resin imports

    Stock Market Highlights: Sensex ends 300 pts higher and Nifty reclaims 17,600 led by Bajaj Finance, HDFC twins and HUL

    Rupee inches higher vs US dollar

    The rupee gains by six paise to 79.68 against the US dollar aided by a weakening greenback overseas. However, a rise in global crude oil prices caps the upside. (Read more)

    Stock Market Highlights: Sensex ends 300 pts higher and Nifty reclaims 17,600 led by Bajaj Finance, HDFC twins and HUL

    Bajaj Finserv, ONGC and Infosys top blue-chip gainers

    Stock Market Highlights: Sensex ends 300 pts higher and Nifty reclaims 17,600 led by Bajaj Finance, HDFC twins and HUL

    25 Nifty stocks in the red — UltraTech, Bharti Airtel and ITC top blue-chip laggards

    Stock Market Highlights: Sensex ends 300 pts higher and Nifty reclaims 17,600 led by Bajaj Finance, HDFC twins and HUL

    Market At Open | Sensex slips below 58,750 and Nifty50 flat

    Stock Market Highlights: Sensex ends 300 pts higher and Nifty reclaims 17,600 led by Bajaj Finance, HDFC twins and HUL

    Stocks To Watch | MNGC, Mahindra & Mahindra, Ambuja and Adani Power in the spotlight

    Global Cues | Crude oil steady amid persistent demand-supply concerns — Brent at $92 a barrel

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