Saturday Special Trading Session HIGHLIGHTS: D-Street ends day at record closing highs; Sensex up 61 pts at 73,806, Nifty50 at 22,378
Special trading session on NSE, BSE; Saturday, March 2 HIGHLIGHTS: Domestic equity benchmarks Sensex and Nifty50 scaled fresh all-time highs in a special trading session on Saturday, March 2, 2024, to handle major disruption or failure at the primary site. While the first session was conducted on the primary site, the second was underway around noon to test the the disaster recovery (DR) site. Read more on what the special trading session is all about
ALSO READ: Market guru Anil Singhvi shares 4 mutual fund picks for long-term investment
Here are some of the stocks that made headlines:
- Hero MotoCorp shares rise driven by strong February sales
- Aurobindo Pharma soars after US drug maker gives nod to Gilenya Capsules
- Info Edge slips as 99acres, Naukri apps removed from Google Play
- Cipla shares eye fresh record high; here's why
- How to trade Titan, Petronet, TVS, Hero MotoCorp, Mahindra Logistics, 15 other stocks
Catch all the highlights of the special Saturday session on Dalal Street on March 2, 2024, market commentary and analysis, the views of Zee Business Managing Editor Anil Singhvi and other experts, stock recommendations, and much more only on Zeebiz.com's blog:
Special trading session on NSE, BSE; Saturday, March 2 HIGHLIGHTS: Domestic equity benchmarks Sensex and Nifty50 scaled fresh all-time highs in a special trading session on Saturday, March 2, 2024, to handle major disruption or failure at the primary site. While the first session was conducted on the primary site, the second was underway around noon to test the the disaster recovery (DR) site. Read more on what the special trading session is all about
ALSO READ: Market guru Anil Singhvi shares 4 mutual fund picks for long-term investment
Here are some of the stocks that made headlines:
- Hero MotoCorp shares rise driven by strong February sales
- Aurobindo Pharma soars after US drug maker gives nod to Gilenya Capsules
- Info Edge slips as 99acres, Naukri apps removed from Google Play
- Cipla shares eye fresh record high; here's why
- How to trade Titan, Petronet, TVS, Hero MotoCorp, Mahindra Logistics, 15 other stocks
Catch all the highlights of the special Saturday session on Dalal Street on March 2, 2024, market commentary and analysis, the views of Zee Business Managing Editor Anil Singhvi and other experts, stock recommendations, and much more only on Zeebiz.com's blog:
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Share Market Special Saturday Trading Session: Nifty Bank ends flat at 47,297.5
The banking index finishes the day barely in the green at 47,297.5, having added as many as 147 points (0.3 per cent) to touch 47,433.9 during the two-part session to trade within about 1,200 points of an all-time high clocked in late December.
Share Market Special Saturday Trading Session: Broader indices Nifty Midcap 100, Nifty Smallcap 100 rise 0.7%
Index | March 2 close | Change (%) |
NIFTY 500 | 20,421.35 | 0.35 |
NIFTY SMALLCAP 100 | 16,170.15 | 0.69 |
NIFTY MIDCAP 100 | 49,153.05 | 0.74 |
The Nifty 500, NSE's broadest index, finishes the Saturday trading session 0.4 per cent higher.
Share Market Special Saturday Trading Session: Most NSE sectoral indices rise for the day; Nifty Bank, Nifty Private Bank, Nifty Financial Services flat
Index | March 2 close | Change (%) |
NIFTY MEDIA | 2,055.25 | 1.75 |
NIFTY METAL | 8,337.80 | 1.58 |
NIFTY CONSUMER DURABLES | 32,971.90 | 1.16 |
NIFTY REALTY | 925.95 | 0.96 |
NIFTY HEALTHCARE INDEX | 11,877.35 | 0.77 |
NIFTY PSU BANK | 7,120.85 | 0.57 |
NIFTY FMCG | 54,466.10 | 0.44 |
NIFTY PHARMA | 18,905.55 | 0.44 |
NIFTY AUTO | 20,941.95 | 0.34 |
NIFTY OIL & GAS | 11,751.90 | 0.31 |
NIFTY IT | 37,605.80 | 0.24 |
NIFTY FINANCIAL SERVICES | 20,848.25 | 0.03 |
NIFTY BANK | 47,297.50 | 0.02 |
NIFTY PRIVATE BANK | 23,685.85 | -0.01 |
Share Market Special Saturday Trading Session: Two Tata group stocks among top three Nifty50 gainers; Mahindra & Mahindra, Maruti Suzuki, NTPC worst hit among 14 laggards
Top Nifty gainers
Stock | March 2 close | Change (%) |
TATASTEEL | 155.35 | 3.6 |
HEROMOTOCO | 4,578.00 | 1.57 |
TATAMOTORS | 989 | 1.19 |
ADANIPORTS | 1,336.15 | 1.06 |
JSWSTEEL | 844 | 0.93 |
HINDALCO | 523.9 | 0.92 |
DIVISLAB | 3,512.80 | 0.87 |
CIPLA | 1,483.00 | 0.82 |
APOLLOHOSP | 6,133.80 | 0.8 |
WIPRO | 523 | 0.75 |
Top Nifty losers
Stock | March 2 close | Change (%) |
M&M | 1,959.80 | -0.67 |
MARUTI | 11,545.00 | -0.65 |
NTPC | 341.8 | -0.49 |
SUNPHARMA | 1,552.00 | -0.46 |
NESTLEIND | 2,590.00 | -0.44 |
ULTRACEMCO | 10,095.00 | -0.4 |
AXISBANK | 1,095.25 | -0.36 |
GRASIM | 2,248.00 | -0.31 |
ICICIBANK | 1,083.90 | -0.28 |
BRITANNIA | 4,914.95 | -0.26 |
Share Market Special Saturday Trading Session LIVE: Rakesh Bansal positive on Crompton Greaves Consumer Electricals
Rakesh Bansal of Rakesh Bansal Ventures points out that Crompton Greaves Consumer Electricals shares are looking promising on the charts.
While investors can hold on to their positions in the stock, others can buy Crompton Greaves Consumer shares around Rs 297 for possible targets of Rs 308-309, Bansal says.
Share Market Special Saturday Trading Session LIVE: Most NSE sectoral gauges in the green; Nifty Bank nearly unchanged
Here's where the sectoral indices stand 10 minutes ahead of the closing bell to end the special Saturday session on Dalal Street:
Index | Current level | Change (%) |
NIFTY MEDIA | 2,056.85 | 1.83 |
NIFTY METAL | 8,331.85 | 1.5 |
NIFTY CONSUMER DURABLES | 32,993.85 | 1.23 |
NIFTY REALTY | 925.7 | 0.94 |
NIFTY HEALTHCARE INDEX | 11,885.00 | 0.84 |
NIFTY PSU BANK | 7,120.90 | 0.57 |
NIFTY PHARMA | 18,912.60 | 0.48 |
NIFTY FMCG | 54,472.05 | 0.46 |
NIFTY AUTO | 20,941.10 | 0.33 |
NIFTY OIL & GAS | 11,753.00 | 0.32 |
NIFTY IT | 37,606.65 | 0.24 |
NIFTY BANK | 47,304.15 | 0.04 |
NIFTY FINANCIAL SERVICES | 20,848.95 | 0.03 |
NIFTY PRIVATE BANK | 23,691.50 | 0.01 |
Share Market Special Saturday Trading Session LIVE: Kunal Saraogi, Rakesh Bansal positive on Aurobindo Pharma stock
Rakesh Bansal of Rakesh Bansal Ventures and Kunal Saraogi of Equity Rush have a joint 'buy' call on Aurobindo Pharma shares.
The analysts have placed their targets for the pharma firm's futures at Rs 1,109 and Rs 1,115 and suggest a stop loss at Rs 1,055.
Share Market Special Saturday Trading Session LIVE: Rs 825-830 good levels to buy JSPL shares, says Rakesh Bansal
Rakesh Bansal of Rakesh Bansal Ventures is positive on JSPL shares.
He suggests investors hold on to their positions and others buy/add more on dips as the stock looks set to stage a rise to enter unchartered territory.
Share Market Special Saturday Trading Session LIVE: Buy Jio Financial Services shares, says Shivangi Sarda
Shivangi Sarda of Motilal Oswal Financial Services suggests buying Jio Financial Services (JIOFIN) for a target of Rs 350 with a stop loss at Rs 315.
Sarda's target implies an upside of more than 10 per cent from Friday's closing price.
Share Market Special Saturday Trading Session LIVE: Tata Steel, L&T, SBI, ITC, Tata Motors help Sensex enjoy fair gains; M&M, HDFC Bank, ICICI Bank limit upside
Here's what the 30-scrip basket looks like 20 minutes into trade under the second special session, meant to test the disaster recovery (DR) site:
Also take a look at the top movers in the pack:
Images: BSEIndia.com