Markets extend rally for 3rd day in row; Sensex ends 550 points higher, Nifty above 17450; SBI top gainer
Stock Market Highlights: Stock markets ended in green for the third consecutive day on Tuesday amid firm global market trends. The 30-share BSE benchmark climbed 549.62 points to close at 58,960.60. Similarly, the broader NSE Nifty surged 175.15 points to 17,486.95 at the end of the session. State Bank of India (SBI) was the top gainer in the Sensex pack, followed by Nestle India and ITC. On the flip side, HDFC and NTPC were among the top laggards.
Other Asian markets in Seoul, Tokyo and Hong Kong ended with gains, while Shanghai settled lower. Stock exchanges in Europe were trading in the positive territory in mid-session deals. Wall Street had ended significantly higher on Monday.
International oil benchmark Brent crude was trading 0.65 per cent lower at USD 91.02 per barrel. Foreign institutional investors (FIIs) remained net sellers in the Indian capital market on Monday as they offloaded shares worth Rs 372.03 crore, as per exchange data.
The BSE benchmark had jumped 491.01 points or 0.85 per cent to settle at 58,410.98 on Monday. The Nifty climbed 126.10 points or 0.73 per cent to end at 17,311.80.
In other Asian markets, bourses in Seoul, Tokyo, Shanghai and Hong Kong were trading with gains in mid-session deals. Wall Street ended significantly higher on Monday.
Stock Market Highlights: Stock markets ended in green for the third consecutive day on Tuesday amid firm global market trends. The 30-share BSE benchmark climbed 549.62 points to close at 58,960.60. Similarly, the broader NSE Nifty surged 175.15 points to 17,486.95 at the end of the session. State Bank of India (SBI) was the top gainer in the Sensex pack, followed by Nestle India and ITC. On the flip side, HDFC and NTPC were among the top laggards.
Other Asian markets in Seoul, Tokyo and Hong Kong ended with gains, while Shanghai settled lower. Stock exchanges in Europe were trading in the positive territory in mid-session deals. Wall Street had ended significantly higher on Monday.
International oil benchmark Brent crude was trading 0.65 per cent lower at USD 91.02 per barrel. Foreign institutional investors (FIIs) remained net sellers in the Indian capital market on Monday as they offloaded shares worth Rs 372.03 crore, as per exchange data.
The BSE benchmark had jumped 491.01 points or 0.85 per cent to settle at 58,410.98 on Monday. The Nifty climbed 126.10 points or 0.73 per cent to end at 17,311.80.
In other Asian markets, bourses in Seoul, Tokyo, Shanghai and Hong Kong were trading with gains in mid-session deals. Wall Street ended significantly higher on Monday.
Latest Updates
SBI top gainer at BSE, NSE
State Bank of India (SBI) gained over 3.45 per cent at NSE and 3.37 per cent at BSE.
Sensex soars for the third straight day
Jumps over 550 points, Nifty ends near 17500
DLF Q2FY23 Conso YoY - Preview
Revenue 1604.9cr vs 1480.9cr up 8.4%
EBITDA 548.1cr vs 458.3cr up 19.6%
Margin 34.1% vs 30.9%
PAT 558.9cr vs 378cr up 47.9%
DLF Q2FY23 Conso YoY - Preview
Revenue 1604.9cr vs 1480.9cr up 8.4%
EBITDA 548.1cr vs 458.3cr up 19.6%
Margin 34.1% vs 30.9%
PAT 558.9cr vs 378cr up 47.9%
Nifty 50 +0.91%
Nifty 500 +0.84%
Sensex + 0.82%
Bank Nifty +0.73%
Top Nifty Gainers
SBI +2.63%
Mahindra & Mahindra +1.95%
Bharti Airtel + 2.29%
Larsen & Toubro +2.18%
ITC +1.9%
Top Nifty Losers
NTPC -0.77%
Bharat Petroleum -0.74%
Sun Pharma -0.61%
Housing Development Financev -0.54%
Tech Mahindra -0.29%
Stock in Focus
Samvardhana Motherson -6.65%
Maharashtra Seamless -4.86%
Aster DM Healthcare +3.5%
Top Gainers
RHI Magnesita India +6.69%
Gujarat Alkalies +5.87%
Restaurent Brands Asia +5.11%
Data Patterns +6%
Top Losers
Tata Elxsi -5.11%
Liberty Shoes -5%
Max Healthcare -3.35%
Macrotech Developers -3%
SBI, Tata Motors among top gainers
Tata Elxsi falls over 6%
Shares of Tata Elxsi hit a three-month low of Rs 7,280, falling 6 per cent on the BSE in Tuesday's intra-day trade.
Samvardhana Motherson International slips over 7% following the bulk deal
Bank stocks shine, PNB gains over 4.50%
Top gainers and losers today
Tata Coffee gains post strong Q2 earnings
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Zee Business panellist Sumeet Bagadia said that ITC could be a good buy. He said that after dips in the last few days, the stock is ready to move.
ITC share price support at Rs 328
ITC share stop loss Rs 329
ITC share price target Rs 348-350 (short term)
Bulls in action: Sensex jumps 500 points, Nifty above 17400
Rupee opens lower
Indian rupee opened 15 paise lower at 82.20 per dollar today against the previous close of 82.35.