Stock Market Highlights: Sensex, Nifty close at new record highs; HDFC Life, Tata Motors top gainers
Stock Market Today Highlights: On Thursday, Sensex and Nifty rallied over 1 per cent to close at lifetime highs of 62,272.68 and 18,484.10 on the closing basis respectively.
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.
Stock Market Today News: Nifty Bank hits fresh high
Nifty Bank hit a fresh all-time high of 43,339 on Friday.
Stock Market Today News
In the broader markets, there was stock-specific action on Friday with PNB and Escorts Kubota emerging as top winners in the Nifty Mid Cap 50 index. The top losers were TVS Motors, Gujarat Gas Limited and Lupin. In the 100-share index, 31 stocks advanced while 18 declined and 1 remained unchanged.
Stock Market Today News: Top Gainers and Losers on BSE
Stock Market Today News: Top Gainers and Losers at NSE
Stock Market Today News: Market opens flat
Stock Market Today News LIVE
PNB, SBI, Laurus Lab, Fino Payments Bank and GSPL are stocks in news. READ HERE why.
Stock Market Today News: Stocks to Buy Today
Macquarie has given an 'outperform' rating on Coal India with a target price of Rs 253. READ MORE
Stock Market Today News: 'December Series' Trend By Anil Singhvi
Stock Market Today News: Pre-Open
BSE Sensex in red, Nifty 50 in green during the pre-open session.
Stock Market Today News
Day support zone on Nifty is 18350-18425 & Bank Nifty is 42725-42850. READ MORE
Stock Market Today News: Brokerages maintain Buy call on Axis Bank
Most of the brokerages have maintained a Buy rating on Axis Bank with a target price of above Rs 1,000.
Jefferies on Axis Bank (CMP: 879)
Maintain Buy, Target 1110
Nomura on Axis Bank (CMP: 879)
Maintain Buy, Target 1020
HSBC on Axis Bank (CMP: 879)
Maintain Buy, Target 1075
Macquarie on Axis Bank (CMP: 879)
Maintain Neutral, Target 790
Stock Market Today News Live: Key Support and Resistance Level of Bank Nifty by Anil Singhvi
Stock Market Today News Live: Brokerages Bullish on Cipla
HSBC on Cipla (CMP: 1095)
HSBC maintains a Buy rating with a target price of 1340.
Credit Suisse on Cipla (CMP: 1096)
Credit Suisse has maintained Outperform rating but has cut the target to Rs 1,300 from 1,325.
Key Support and Resistance Level of Nifty by Anil Singhvi
SGX Nifty hints at a negative start
Nifty futures on the Singapore Exchange traded 48 points, or 0.26 per cent, lower at 18,620, signaling that Dalal Street may have a negative start on Friday.
Stock Market Recap - 24 November 2022
Extending its rally to the third straight day, 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 i.e. November 24. During the day, it jumped 901.75 points or 1.46 per cent to its lifetime high of 62,412.33.
Good Morning! I Raghwendra Shukla is back with all the LIVE action and updates from the stock markets.
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