Stock Market Updates: Market starts flat, today’s top 5 shares on which investors will be eyeing
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There is weakness in both the Sensex and Nifty indices. Today Sensex Sensex was trading 145.4 points down at 59,265.68 points in early trade and Nifty was trading at 17,402.95 points with a loss of 47.95 points.
The domestic stock market is showing weakness amid mixed global cues. Today’s trading has been started by the market in the red. There is weakness in both the Sensex and Nifty indices. Today Sensex Sensex was trading 145.4 points down at 59,265.68 points in early trade and Nifty was trading at 17,402.95 points with a loss of 47.95 points. Shares of COALINDIA, ADANIPORTS, BAJAJFINSV, ADANIENT, HEROMOTOCO are in green color i.e. in growth, whereas big stocks like TCS, AXISBANK, INFY, TECHM, ONGC are seen in red color i.e. showing signs of decline. Today, selling in IT shares has increased the pressure on the market. Along with this, weakness is being seen in metal and auto shares. Today i.e. on March 2, 2023, some stocks are ready to show action in a volatile market. These stocks can remain in focus in the market today. If you are looking for better stocks in intraday then you can keep an eye on these.
NMDC
NMDC Limited has registered a growth of 4 per cent in its iron ore production in February 2023. The iron ore production of the company has increased to 4.48 million tonnes in February 2023 as compared to 4.31 million tonnes a year ago. Iron ore sales declined by 4.78 per cent to 3.78 million tonnes in February 2023 from 3.97 million tonnes in the same month last year.
coal india
State-owned Coal India Ltd. (CIL) produced 619.7 million tonnes of coal in the first 11 months (April-February) of the current financial year, showing a growth of 14.3 per cent on an annual basis. The company produced 542 million tonnes of coal in the same period a year ago.
Tata Motors
Tata group company Tata Motors has partnered with the State Bank of India (SBI) to offer “easy loan structured schemes” for the purchase of the Tata Ace EV, its all-new commercial electric vehicle. The automaker reported a 3 per cent growth in total wholesale sales at 79,705 units in February as against 77,733 units in the year-ago period. While passenger vehicle sales increased to 40,181 units in February, commercial vehicle sales declined to 36,565 units.
Eicher Motors
Royal Enfield’s sales volume grew 21% YoY to 71,544 units in February, while exports grew 1%. Royal Enfield has sold 71,544 motorcycles in February 2023, which is 21% higher than the 59,160 motorcycles sold in the same period last year. International business registered a growth of 1% by selling 7,108 motorcycles.
Sunteck Realty
The realty firm signed an exclusive lease deal with Upgrade for premium commercial project ‘Sunteck BKC51’ and the project is set to generate total revenue of Rs 2,000 crore during the lease period.
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