FIRST TRADE: Nifty Sensex muted at open; Apollo Hospitals, Hindalco up over 1%

Stock market today: The Indian share market on Monday, November 20, opened on a subdued note amid a focus on the global interest rate outlook after a more than three per cent rally this month.

Last seen, the S&P BSE Sensex was down 28.19 points, or 0.04 per cent, at 65,766.54, and the NSE Nifty was down 1.35 points, or 0.01 per cent, at 19,730.45.

In the broader market, the Nifty Mid Cap 100 and Small Cap 100 opened in green. Meanwhile, the Nifty Bank was down 0.25 per cent at 43,477.

BUZZING STOCKS

SBI Cards and Payment Services shares were up 0.85 per cent after the Capital adequacy ratio was likely to be reduced to 4 per cent due to the Reserve Bank of India (RBI) rules.

Aurobindo Pharma shares were up over 1 per cent after the US Food and Drug Administration (USFDA) completed a pre-approval investigation at APL Healthcare's Unit I, III manufacturing facility in Telangana.

Oberoi Realty shares were up over 3 per cent after the company signed an agreement with Ireo Residences Company Pvt Ltd.

Newgen Software shares were up over 5 per cent after the board announced it would consider bonus shares in a meeting on November 27. 

Mankind Pharma shares were up over 2 per cent as they will be included in the Large Cap, All Word Index, and All Cap indices.

ESAF Small Finance Bank shares were up over 2 per cent after it declared its September quarter numbers.

On the other hand, Bajaj Finance shares were down over half per cent after the RBI ordered a temporary ban on the issuance of EMIs.

GLOBAL MARKETS 

Japanese shares climbed to highs not seen since 1990 on Monday as strong earnings and offshore demand fuelled a three-week winning streak, while other Asian markets were more mixed with eyes fixed on the U.S. rate outlook.

Japan's Nikkei added another 0.6 per cent to break its September peak and bring its gains for the month so far to a whopping 9.3 per cent.

MSCI's broadest index of Asia-Pacific shares outside Japan edged up 0.1 per cent, having climbed 2.8 per cent last week to a two-month high.

(With agency inputs)

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