Stock Market Highlights: Sensex, Nifty close at new record highs; HDFC Life, Tata Motors top gainers
Stock Market Today Live: Indian benchmark indices S&P BSE Sensex and NSE Nifty 50 ended at lifetime highs on a closing basis after a choppy session. While Sensex added 18.58 points or 0.03 per cent to close at 62,293.64, the Nifty added 17.50 points or 0.09 per cent to settle at 18501.60. Among the top gainers at the NSE were HDFC Life, Tata Motors, Hero Motorcorp, Coal India, and Reliance. On the other hand, ICICI Bank, Nestle India, Kotak Bank, Titan and Britannia were top laggards.
The 30-share BSE benchmark rallied 762.10 points or 1.24 per cent to settle at 62,272.68, its record closing peak on Thursday. The Nifty jumped 216.85 points or 1.19 per cent to end at a record high of 18,484.10.
International oil benchmark Brent crude was trading 0.23 per cent higher at USD 85.54 per barrel. Foreign Institutional Investors (FIIs) turned buyers as they bought shares worth Rs 1,231.98 crore on Thursday, as per exchange data.
Stock Market Today Live: Indian benchmark indices S&P BSE Sensex and NSE Nifty 50 ended at lifetime highs on a closing basis after a choppy session. While Sensex added 18.58 points or 0.03 per cent to close at 62,293.64, the Nifty added 17.50 points or 0.09 per cent to settle at 18501.60. Among the top gainers at the NSE were HDFC Life, Tata Motors, Hero Motorcorp, Coal India, and Reliance. On the other hand, ICICI Bank, Nestle India, Kotak Bank, Titan and Britannia were top laggards.
The 30-share BSE benchmark rallied 762.10 points or 1.24 per cent to settle at 62,272.68, its record closing peak on Thursday. The Nifty jumped 216.85 points or 1.19 per cent to end at a record high of 18,484.10.
International oil benchmark Brent crude was trading 0.23 per cent higher at USD 85.54 per barrel. Foreign Institutional Investors (FIIs) turned buyers as they bought shares worth Rs 1,231.98 crore on Thursday, as per exchange data.
Latest Updates
Stock Market Live Updates: Closing Bell
Nifty50 closed at a new record high of 18,512.75. This was up by 0.15 from the previous close of 18,484.10.
Stock Market Live Today: Rupee rises
The Rupee rose today after staying in a range of 81.65 to 81.90 in the last 5 days as dollar index was stable at 105.84, Asian currencies fell from yesterday's highs and Brent Oil rose by a dollar to $86.06 levels. At a higher level of the rupee i.e. 81.43 there was some good dollar buying as cash dollar shortage continues to hamper the rise in rupee. The 1 year premiums further fell to 2.08% as market continued to receive premiums bringing them down.
Stock Market Today Live: Block Deals
Several bulk deals today. While 2 crore shares of PNB exchanged hands, 37.3 lakh shares of UCO Bank saw movement.
Stock Market Live Updates
Within the Nifty Index, HDFC Life (+9.5%), Apollo Hospital (+8.5%) and BPCL (+6.7%) gained the most and Adani Enterprise (-3.3%), Nestle India (+2.2%) and Kotak Mahindra Bank (+1.5%) lost the most. FPIs were net sellers in the past five trading sessions, while DIIs were net buyers in the same period.
Stock Market Live: BSE Reality, BSE Power decline
Most major sectors gained on a week-on week basis with BSE IT, Bank Nifty, BSE Capital Goods and BSE FMCG gaining the most. While two key sectors which declined were BSE Reality and BSE Power.
Stock Market Live: BSE Midcap Index gained 1.83 per cent
Both Nifty Index and Sensex gained between 0.9 to 0.95% in the past week. BSE Midcap Index gained 1.83 per cent while BSE SmallCap Index gained 0.96 per cent. A steady softening of global bond yields on expectations of ‘peak’ inflation and a decline in crude prices helped equity markets continue the momentum and helped the Nifty-50 Index log its new all-time high on a closing basis.
Stock Market Live Updates: ITDC shares surge over 16%
Stock Market Live Updates: F&O Buzzers
Stock Market Live Updates: Midcap 100 in action
Midcap 100 gains around 1 per cent. BHEL surged over 8 per cent.
Stock Market Live Updates: 205 stocks hit upper circuit
According to BSE, at least 204 stocks hit upper circuit and 144 stocks hit lower circuit on Friday.
Stock Market Live Updates: 3,501 stocks trading today
Out of 3,501 stocks that are trading today, there are 131 unchanged.
Stock Market Live Updates
International oil benchmark Brent crude was trading 0.23 per cent higher at USD 85.54 per barrel. Foreign Institutional Investors (FIIs) turned buyers as they bought shares worth Rs 1,231.98 crore on Thursday, as per exchange data.
PNB surges 8 per cent to hit 21-month high
Shares of Punjab National Bank (PNB) jumped 8 per cent to hit a 21-month high of Rs 54.90 per share on Friday. The surge comes after the state-owned lender received the government’s approval to divest its entire stake in UTI Asset Management Company (AMC). The stock traded at its highest level since February 2020.
PNB gets approval to dilute stake in UTI Mutual
State-owned Punjab National Bank (PNB) on Thursday said that it has received the government approval to divestment its entire stake in UTI Asset Management Company Limited as part of its non-core asset sale plan to shore up its capital base.
Stock Market Today News Live: NSE, BSE trade red
HDFC twins, Kotak Bank and dragged frontline indices on Friday.