While the Sensex gave moderate returns in February, as many as 74 stocks on the BSE 500 clocked double-digit gains of up to 32%.In the last month, benchmark Sensex net gained just 1%, amid volatility and selling pressure, particularly towards the end of the month. Meanwhile, as many as 246 stocks on the BSE 500 index scaled fresh 52-week highs during the last month.

Cipla stock gained 1.43 percent on March 2, just Rs 2 away from the 52-week high it hit in the previous session. The United States Food and Drug Administration (USFDA) inspected a manufacturing facility of subsidiary Cipla (Jiangsu) Pharmaceutical in Qidong, Jiangsu Province, China, from February 26 to March 1. The inspection concluded with zero Form 483 observations, Cipla said.

Shares of Suven Pharmaceuticals on Saturday jumped another 5% to take the two-day gain to 15% on announcing a merger with Cohance Lifesciences, which will make the joint entity a leading integrated CDMO player in India and globally.After the merger becomes effective, all shareholders of Cohance will be issued shares of Suven at the ratio of 11 shares of Suven for every 295 shares of Cohance.

Top NewsNSE and BSE will conduct special live trading sessions on, 2 March 2024, in the equity and F&0 segments. The first session will be from 9:15 AM to 10 AM and the second from 11:30 AM to 12:30 PM. Kotak Small Cap Fund will restrict inflows to ₹25,000 a month through systematic investment plan and lumpsum investment to ₹2,00,000 per PAN from 4 March 2024.

PUNE: An RTI query revealed that over 1,700 property owners in the city have outstanding dues of Rs1 crore each. The collective recovery from these property owners is over Rs5,000 crore. According to the data revealed under RTI, almost 94 property owners went to court against the dues, which amount to Rs 988 crore, of which Rs 565 crore is from two owners.

Algorithmic trading is gaining popularity among stock market investors due to automated and disciplined execution, which eliminates human intervention.Algo trading is nothing but a series of commands defined by experts to execute a buy/sell order with predefined conditions.As we know, the prices of financial instruments like stocks, forex, and commodities fluctuate in fractions of a second.

Gold And Silver Prices Today: Gold prices witnessed a slight increase on Saturday. The price of 24-carat gold stood at Rs.6388.4 per gram, marking a rise of Rs.149.0. Similarly, the price of 22-carat gold was Rs.5851.8 per gram, up by Rs.137.0.The percentage change in the price of 24-carat gold over the past week has been -1.17%, while over the last month, it has seen a marginal increase.

Hero Motocorp shares jumped 1.56 percent to Rs 4,577.45 on March 2 after the company reported a 19 percent jump February sales from the year-ago period. The country’s largest manufacturer of motorcycles and scooters sold 468,410 units during the month, a 19 percent growth over the 394,460 units in February 2023. The company said it is scaling up the volumes of Harley-Davidson X440.

RK Swamy IPO opens for subscription on Monday, March 4. RK Swamy is one of the top integrated marketing service organisations in India, providing a one-stop shop for media, creative, data analytics, and market research services, as mentioned in the red herring prospectus (RHP).In the interrelated and complimentary business categories of integrated marketing communications.

Info Edge (India) share price fell nearly 3% on Saturday's trading session after the company informed the bourses that Google had removed/delisted several mobile applications from the Google Play Store today, including those from several other companies/entities.The company's mobile applications include Naukri.com Job Search App, Naukri Recruiter, Naukrigulf Job Search App, 99acres Buy/Sell/Rent,

Indian headline indices opened on a happy note on Saturday continuing, Friday’s momentum. While the S&P BSE Sensex was trading at 73,869.82 in opening trade, up by 124.47 points or 0.17%, the broader Nifty was at 22,104.20, higher by 53.25 points or 0.24%.Today, stock exchanges BSE and NSE have decided to keep the market open despite the weekend holiday as part of its strategy.

In a significant shift within the global market landscape, tech giant Nvidia has surpassed Saudi Aramco to claim the third-place spot among the world's largest companies by market capitalisation, according to The Spectator Index.Nvidia's stock market value closed above $2 trillion for the first time on March 1 after an upbeat report from Dell Technologies reignited Wall Street's AI-fueled rally.

India’s both major stock exchanges the NSE and the BSE will hold two special live trading sessions on March 2 to transition to a disaster recovery site following the Securities and Exchange Board of India's (SEBI's) guidelines. The sessions will be conducted in two phases. The first phase will be a 45-minute session that will start at 9.15 am with a block deal window at 8.45 am.

Equity benchmark the Nifty opened at a record high on March 2, gaining about 0.2 percent. It hit a new high of  22,420. The Sensex, too hit a record high and was trading at 73,868.32. Nifty Midcap 100 and Nifty Smallcap 100 indices were up 0.3 and 0.5 percent each, trading at 16,116.70 and 56,789. Follow our market blog for live updates While analysts expect low trading volumes.

Reliance Industries: The consolidation of Walt Disney's and Reliance's media assets in India, valued at $8.5 billion, could trigger rigorous antitrust examination due to their combined market influence. Legal experts are raising red flags about the merged entity's robust cricket broadcasting rights portfolio and its potential effects on advertisers.