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I) Nifty: opened at 22662 and touched a high of 22857, then a low of 22599 and closed at 22834 with a total of +325 points in Positive.
II) Bank Nifty: opened at 48792 and touched a high of 49400, then a low of 48629, and closed at 49314 with a total of +960 points in Positive.
III) CNX Finance: opened at 23744 and touched a high of 24008, then a low of 23678, and closed at 23969, with a total of +440 points in Positive.
IV) Nifty Mid Select: open 10939 and touched a high of 11161, then a low of 10907 and closed at 11142, with a total of +249 points in Positive.
1. Raymond Ltd led the rally, surging 18.35 percent to hit an intraday high of Rs 1,457.3 per share on the NSE. The stock extended its gains for the second straight session.
2. Mastek Ltd. snapped a five-day losing streak on Tuesday, March 18, as the stock, along with some of its other Midcap IT peers, rebounded from oversold levels. The stock has surged as much as 13% in trade and is the top gainer on the Nifty 500 index.
3. Finolex Cables Ltd. experienced significant trading activity, outperforming its sector and reaching an intraday high. While its short-term performance has been positive, the stock faces challenges with declines over the past three months and year-to-date. However, it has shown substantial growth over the last five years.
3. Apar Industries experienced a notable increase in stock performance today, reversing a two-day decline. Despite this uptick, the stock remains significantly below its moving averages and is trading close to its 52-week low. Over the past month, it has faced a decline, contrasting with its long-term growth trajectory.
1. Castrol India's share price today opened with a downside gap and touched an intraday low of ₹220.30 apiece on the NSE
2. HITACHI ENERGY share price has plunged 6% and is presently trading at Rs 11,833.8. Meanwhile, the BSE POWER index is at 6,226.7 (up 0.8%).
Underperforming Stock vs Nifty 500 over 1 week
As of March 18, 2025, here are the latest updates on specific Indian stocks:
ICICI Bank
ICICI Bank's shares rose about 3%, leading gains in both the Nifty 50 and Sensex indices. This surge contributed significantly to the overall market rally, reflecting investor optimism in the financial sector. Reuters
Tech Mahindra
Shares of Tech Mahindra Ltd. remained unchanged at 1,439.65 rupees on Monday, underperforming an overall positive market session where the BSE SENSEX Index rose by 0.46% to 74,169.95. The stock is currently 20.35% below its 52-week high of 1,807.40 rupees, recorded on December 12th. MarketWatch
Tata Sons
Tata Sons received regulatory clearance from the Competition Commission of India to acquire an additional 10% stake in Tata Play, increasing its ownership to 70%. The remaining 30% is held by Walt Disney. This move is part of Tata Sons' strategy to strengthen its position in the media and entertainment sector. Reuters+1mint+1
IndusInd Bank
IndusInd Bank, India's fifth-largest private bank, is facing significant challenges, including a discrepancy in its derivatives portfolio worth Rs16bn ($184mn) and a shorter-than-usual extension for its CEO by the Reserve Bank of India. These issues have led to a sharp decline in the bank's stock, which plummeted by 27% on Tuesday and further by 1.84% on Wednesday. Financial Times
Please note that stock prices and market conditions are subject to rapid changes. For the most current information, consult real-time financial news sources or official stock exchange platforms.
Key Developments in the Indian Stock Market
Financials lead Indian shares higher amid positive global cues
TodayReutersTata Sons' move to boost stake in Tata Play gets Indian regulatory clearanceTodayFinancial TimesThe crisis at IndusInd, India's fifth-largest private bank4 days ago
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