Live update
Stock Market Update: The stock market closed with a sharp fall on the first day of the week i.e. Monday (March 21). The Sensex and Nifty fell nearly 1 percent. The Sensex closed with a fall of 571.44 points or 0.99 percent and the index was able to close at 57,292.49. The Nifty, on the other hand, traded at 50 and a red mark. The Nifty closed 169.45 points, or 0.98 percent, lower at 17,117.60. 1518 shares were traded and 1919 were sold in today’s trading session. Apart from this, there is no change in 140 shares.
Nifty’s Top Loss and Top Gainer
Speaking of Nifty’s top losers, Grasim Ind, Britannia Ind, Tata Consumer and Tata Consumer were on the list and Coal India, Hindalco Ind, UPL Limited and ONGC were among the top gainers.
Godrej Properties
- `1000 crore sales in Pune Township project
- More than 1550 homes were sold on FY22
- The first phase of the township was launched in September 2019
Glenmark Pharma
- The US FDA has approved the drug application
- Application for laxamide drug approved
- The US FDA has approved the application for epilepsy drugs
Jaidas Lifescience
- PAS approval for mycophenolate mofetil
- PAS approved by US FDA
- PAS: Pre-approval supplement
- Drug use in organ transplants
Ruchi Soya FPO
- The FPO will be open from March 24-28
- The face value of FPO is Rs
- Price – ₹ 615- ₹ 650
- Market Lot – 21 shares
- Size – Rs 4,300 crore
- Retail Quota – 35%
Focus IT stocks
- Accenture’s second quarter results are excellent
- FY22 (end of August) earnings growth guidance now 24-26%
- Revenue rose 24 percent to 15 billion
- Net income for the quarter stood at $ 1.66 billion
Maruti Suzuki India
- Suzuki has established relations with the state of Gujarat
- It will invest Rs 10,445 crore to make electric cars and batteries
Do you know which stocks Sanjeev Vasin of IIFL Securities advised to invest in today?
Do you know which stocks Sanjeev Vasin of IIFL Securities advised to invest in today?#Gb Business Live https://t.co/3ILYCxtlS1Anil Singhvi_ , @ Sanjeev_Vasin , ifiiflsecurities pic.twitter.com/ryLYfE8ExQ
– Zee Business (ZeeBusiness) March 21, 2022
Atul Lee
A board meeting will be held on March 25 regarding the buyback
Nifty Top Gainer and Top Losers
Speaking of Nifty’s top gainers, Hindalco Industries, Maruti Suzuki, Infosys, Wipro and Coal India were on the list and Asian Paints, Grasim Industries, M&M, IOC and Britannia Industries were among the Nifty’s top losers.
Jomato’s brokerage report
Bernstein publishes Zomato’s brokerage report. Here the outperform rating has been maintained and the target price has been fixed at Rs.
An important trigger for today’s market
- Strong move in the US, Dow jumped 700 points in 2 days
- Zelensky is ready for talks with Russia
- Brent exceeds $ 110, wholesale diesel price rises by Rs
- FII bought Rs 2,800 crore on Thursday
The price of diesel has gone up to ₹ 25 in bulk
25 bulk became expensive # Diesel… old-fashioned diesel to retail buyers … pic.twitter.com/vfopfNZl4X
– Zee Business (ZeeBusiness) March 21, 2022
FII-DII data
During the March 17 trading session, foreign institutional investors (FIIs) invested Rs 2,800.14 crore in the Indian stock market, while domestic institutional investors withdrew Rs 678.45 crore.
US market
On Friday, for the fourth day in a row, the US market saw a resurgence. #DowJones And #NASDAQ Close to the height of the day with a jump of about 300 points. #Gb Business Live https://t.co/3ILYCxtlS1 pic.twitter.com/19HxEqD8vS
– Zee Business (ZeeBusiness) March 21, 2022
Best week since November 2020
- Dow 5.5%
- S&P 500 6.1%
- Nasdaq 8.1%
This week’s important event
- Japan market closed today
- Several Fed members, including Jerome Powell, will speak
- Apart from China, the prevalence of corona is now increasing in Europe
