Stock Market HIGHLIGHTS: Dalal Street gives free run to Bulls; making lifetime highs now a HABIT for Sensex, Nifty
Stock Market Today HIGHLIGHTS: It appears that Dalal Street has given a free run to the bulls as the conquest of frontline indices remains unabated. For the third time this week S&P BSE Sensex and NSE Nifty50 achieved new lifetime highs on closing and intraday basis. Sensex ended at 63,099.65, gaining 417.81 points or 0.67 per cent while Nifty50 closed at 18,758.35, up 140.30 points or 0.75 per cent. The intraday highs were 63,303.01 and 18,816.05 respectively.
Here are key takeaways from today's session:
1) It was seventh straight positive ending for benchmark indices. Sensex and Nifty have made new record highs on all the three trading sessions this week.
2) In the 50-stock Nifty, 46 stocks advanced while 4 declined. The The top gainers were Mahindra & Mahindra, Hindalco Industries, Grasim Industries, SBI Life and Ultratech Cement Company while the top losers were Indusind Bank, State Bank of India (SBI) and HCL Technologies.
3) Nifty Bank settled at 43,231, up 0.41 per cent.
4) Out of 15 Nifty sectoral indices, 14 ended in the green. The top performing indices were Nifty Auto, Nifty FMCG, Nifty Realty and Nifty Metal, each gaining over 1 per cent. Nifty PSU bank was the lone loser and fell 1.4 per cent.
5) India VIX, a gauge of volatility in the Nifty was at 13.81 at close, up 1.41 per cent.
6) Top action was witnessed in broader markets as well with Nifty Mid Cap 100 closing at 32,037.90, up 1.14 per cent while Nifty Small Cap 100 settling at 9,976.05, up 0.61 per cent. Varun Beverages was up 14 per cent in the mid cap space while Punjab National Bank (PNB) was top loser with declines of 2 per cent. Suzlon was the top small cap stock while Easy My Trip worst performer in this space.
7) Out of 3,602 stocks that traded on BSE, advances were in 2,058 stocks while declines in 1,438. 106 stocks remained unchanged. 138 stocks hit their 52-week highs while 31 hit their 52-week lows.
8) Singapore-based SGX Nifty, which is an early indicator of movement in Nifty50, was trading flat, albeit with negative bias at 18,916.5, up 158 points or 0.84 per cent recovering from early morning losses. Dow Futures were trading at 33,851.80, flat albeit down by 0.70 per cent.
9) The rupee appreciated 34 paise to close at 81.38 (provisional) against the US dollar on Wednesday as a weak greenback in the overseas market and a rally in domestic equities boosted investor sentiment. At the interbank foreign exchange market, the local unit opened at 81.63 and touched an intra-day high of 81.38 and a low of 81.64 against the greenback. The local unit finally settled at 81.38, registering a rise of 34 paise over its previous close. On Tuesday, the rupee declined 4 paise to close at 81.72 against the US dollar.
10) MCX February Gold futures were trading with marginal gains at Rs 53059 per 10 gram and were up by Rs 75 points. March Silver futures were trading at Rs 63158 per kg and were Rs 322 or 0.51 per cent.
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Stock Market Today HIGHLIGHTS: It appears that Dalal Street has given a free run to the bulls as the conquest of frontline indices remains unabated. For the third time this week S&P BSE Sensex and NSE Nifty50 achieved new lifetime highs on closing and intraday basis. Sensex ended at 63,099.65, gaining 417.81 points or 0.67 per cent while Nifty50 closed at 18,758.35, up 140.30 points or 0.75 per cent. The intraday highs were 63,303.01 and 18,816.05 respectively.
Here are key takeaways from today's session:
1) It was seventh straight positive ending for benchmark indices. Sensex and Nifty have made new record highs on all the three trading sessions this week.
2) In the 50-stock Nifty, 46 stocks advanced while 4 declined. The The top gainers were Mahindra & Mahindra, Hindalco Industries, Grasim Industries, SBI Life and Ultratech Cement Company while the top losers were Indusind Bank, State Bank of India (SBI) and HCL Technologies.
3) Nifty Bank settled at 43,231, up 0.41 per cent.
4) Out of 15 Nifty sectoral indices, 14 ended in the green. The top performing indices were Nifty Auto, Nifty FMCG, Nifty Realty and Nifty Metal, each gaining over 1 per cent. Nifty PSU bank was the lone loser and fell 1.4 per cent.
5) India VIX, a gauge of volatility in the Nifty was at 13.81 at close, up 1.41 per cent.
6) Top action was witnessed in broader markets as well with Nifty Mid Cap 100 closing at 32,037.90, up 1.14 per cent while Nifty Small Cap 100 settling at 9,976.05, up 0.61 per cent. Varun Beverages was up 14 per cent in the mid cap space while Punjab National Bank (PNB) was top loser with declines of 2 per cent. Suzlon was the top small cap stock while Easy My Trip worst performer in this space.
7) Out of 3,602 stocks that traded on BSE, advances were in 2,058 stocks while declines in 1,438. 106 stocks remained unchanged. 138 stocks hit their 52-week highs while 31 hit their 52-week lows.
8) Singapore-based SGX Nifty, which is an early indicator of movement in Nifty50, was trading flat, albeit with negative bias at 18,916.5, up 158 points or 0.84 per cent recovering from early morning losses. Dow Futures were trading at 33,851.80, flat albeit down by 0.70 per cent.
9) The rupee appreciated 34 paise to close at 81.38 (provisional) against the US dollar on Wednesday as a weak greenback in the overseas market and a rally in domestic equities boosted investor sentiment. At the interbank foreign exchange market, the local unit opened at 81.63 and touched an intra-day high of 81.38 and a low of 81.64 against the greenback. The local unit finally settled at 81.38, registering a rise of 34 paise over its previous close. On Tuesday, the rupee declined 4 paise to close at 81.72 against the US dollar.
10) MCX February Gold futures were trading with marginal gains at Rs 53059 per 10 gram and were up by Rs 75 points. March Silver futures were trading at Rs 63158 per kg and were Rs 322 or 0.51 per cent.
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Latest Updates
Sensex and Nifty continued their bull bull run as both frontline indices have been breaking records on a daily basis. Sensex surpassed 63000 for the first time and was trading at 63,037.62, up 355.78 points or 0.57 per cent. Nifty50 was trading at 18,724.25, up 106.20 points or 0.57 per cent. Nifty Bank was trading at 43,182.10, up 128.65 points or 0.3 per cent.
Markets LIVE - Stocks in Ban
ALREADY IN BAN
IBULHSGFIN 94%
BHEL 92%
PNB 89%
DELTA CORP 89%
POSSIBLE EXIT
NONE
POSSIBLE ENTRANTS
NONE
Stock Markets Live - MSCI Semi-Annual Index Changes effective post closing today
- The changes come into force after today's closing.
- The MSCI Semi annual index was announced on 10 November
- 11 shares have been added while 1 is out of the MSCI India Domestic Index
- 43 shares make entry while 16 make exit from MSCI India Domestic Smallcap Index
Entries in MSCI India Domestic Index
Company Estimated inflows (cr) Estimated weightage
Tube Investments Rs 1820 0.39%
Varun Beverages Rs 1492 0.32%
TVS Motor Rs1361 0.29%
ABB India Rs 1009 0.22%
MSCI India Domestic Index - other stocks that have been included
Adani Power
Ashok Leyland
Astral
Au Small Finance Bank
Indian Hotels
Tata Elxsi
Trent
MSCI India Domestic Index से बाहर
PFC
Entries MSCI India Domestic Smallcap Index
BLS International
Barbeque Nation
Data Patterns
Mirza International
Rajratan Global Wire
RITES
West Coast Paper
Garden Reach
Himadri Speciality Chemicals
Arvind Fashions
MSCI India Domestic Smallcap Index से बाहर
Spicejet
Schaeffler India
Polycab India
Lloyd Metals
Gujarat Fluoro
CG Power & Industrial
Canara Bank
"As MSCI inflows hit the market USDINR fell from a high of 81.65 to a low of 81.45. Asian currencies were also stronger as CNH rose to 7.13 levels. Dollar index was near to 106.60 - stable. Indian Equities made new records as they moved up while Europe was flat after Asian equities were all up," Anil Kumar Bhansali, Head of Treasury at Finrex Treasury Advisors LLP said.
Brent oil was also stable at USD 84.86 as a crucial OPEC meeting to decide on production cuts was to be held shortly, he said. Today we have the FED Chairman speaking while India and US GDP data and fiscal deficit data was to be released, he said.
Still expecting a range of 81.20 to 81.80 as we wait for RBI whether he buys dollars or not. Premiums continue to remain below 2 % for 1 year, he added.
Nifty, Bank Nifty Straegy - Key Support and Resistance levels
#MarketRadar | बनाइए #Nifty और #BankNifty पर सटीक स्ट्रैटेजी...साथ ही जानिए दिग्गज एक्सपर्ट्स की ट्रेडिंग की दमदार कॉल्स...@Neha_1007 | #StockMarketindia | #NewsUpdates https://t.co/uStqUY0E3R
— Zee Business (@ZeeBusiness) November 30, 2022
Gas Stocks in action after Kirit Parekh committe submitted its recommendations on gas pricing formula to the government
Energy stocks gained with IGL becoming the top gainer today. Oil, IOC and Peronet stocks also gained.
Watch Full Interview with Kirit Parekh Here
#NaturalGas को GST में लाने पर राज्यों को 5 साल के लिए मुआवजे की सिफारिश, गैस प्राइसिंग फॉर्मूला पर सिफारिश पेट्रोलियम मंत्रालय को सौंपी...
देखिए Sustainable Gas Pricing कमेटी के अध्यक्ष किरीट पारिख से खास बातचीत...@VarunDubey85 @HardeepSPuri #KiritParikh pic.twitter.com/Br6oIjqeHH
— Zee Business (@ZeeBusiness) November 30, 2022
Energy Sector Update
Energy stocks were in action on Wednesday after a committee headed by Kirit Parekh submitted its recommendations to the governent on gas pricing formula. In chat with Zee Business, Parekh said that ther are 12-13 types of gas fields in India and prices are different for different fields. The committee has simplified the pricing formula. He said that the main probelm was with respect to APM gas (Administerd Price Mechanism) which were being produced by ONGC and OIL from their fields.The fields were allocated without any royalty and profit sharing. The government has 55-57 per cent stakes in these fields and people were given gas at very subsidised rates from these fields, he added. The committe has suggested a floor price of USD 4/mBtu and the maximum price at USD 6.5/mmBtu.The recommendation has been made that the upper price shall be increased by USD 0.5 every year, he further said. This is with regards to APM Gas.
The committee has also recommended bringing natural gas under the ambit of GST.
Commodity Live
Rice Stocks in Action
KRBL shares were trading at Rs 408.05, up Rs 12.75 or 3.23 per cent
Sectoral Indices LIVE - Nifty PSU Bank Index worst performer of the day
Nifty PSU Bank index was the wrst performer of the day with 11 out of 12 stocks trading in the red. The index was trading at 3,991.05, down 64.40 points or 1.59 per cent. The lone gainer was Indian Bank. The biggest losers on this index is Canara Bank, Uco Bank and Central Bank.
Source: NSE
Exchange Traded Funds - Live Action
Broader Markets Live - Nifty Mid Cap 100 Top Losers
Source: NSE
Broader Markets Live - Nifty Mid Cap 100
Stock specific action was seen in Nifty Mid cap 100 index with 60 advances, 38 declines and 2 remained unchanged. The top gainers were Varun Beverages, Oberoi Realty and Jindal Steel with gains between 4.5-3 per cent. The top losers were Canara Bank, Bank of India and Union Bank.
Source: NSE
IPO Watch - Dhrmaj Crop Guard
The issue ends today at 5 pm. The overall subscription in this issue was 4.09 times while the retail individual investors subscribed this issue 6.19 times.
IPO Watch - Uniparts India
Uniparts India IPO opened on Wednesday and the three-day issue will end on Friday, 2 December, 2022. The issue was subscribed overall by 0.10 times on the NSE with retail portion subscribed 0.17 times at the time of filing this information. The Non-institutional investors subscribed this issue 0.06 times.
Source: NSE