Share Market HIGHLIGHTS: Nifty settles at record closing high of 19,996, Sensex soars 528 pts to end at 67,127
Share Market HIGHLIGHTS: Domestic equity benchmark Nifty finally touched the coveted 20,000 mark during the fag-end of the session and hence scripted history. Catch minute-by-minute updates of all the action in the Indian share market today, market commentary and analysis, the views of Zee Business Managing Editor Anil Singhvi and other experts, stocks to buy and trade recommendations only on Zeebiz.coms blog.
Share Market HIGHLIGHTS: Domestic equity benchmark Nifty finally touched the coveted 20,000 mark during the fag-end of the session and hence scripted history. The index hit a high of 20,008.15 before settling at 19,996.35 levels, up 176 points, or 0.89 per cent. The bulls had been in the driver's seat since opening, and there was no looking back for them. The S&P BSE Sensex topped the 67,000 mark to settle at 67,127.08 levels, up 528 points, or 0.79 per cent. All sectoral indices participated in the rally.
The Nifty index took 50 trading sessions to reach the 20,000 mark from 19,000, which was hit on June 28, 2023. In the Nifty 50 basket, 46 stocks advanced and only 4 declined. Nifty Mid Cap 100 and Small Cap 100 were up over 1 per cent at the close. Nifty Bank ended at 45,570.7, up 0.92 per cent.
Catch minute-by-minute updates of all the action in the Indian share market today, market commentary and analysis, the views of Zee Business Managing Editor Anil Singhvi and other experts, stocks to buy and trade recommendations only on Zeebiz.com's blog:
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MARKET COMMENT | Robust flows from local investors amidst mixed flows from foreigners have helped Nifty achieve this landmark, says Dhiraj Relli
Dhiraj Relli, MD & CEO, HDFC Securities shares his views on Nifty touching 20K, earlier today. He said, “Nifty has finally managed to touch the much anticipated 20,000 mark in the second attempt post-July 2023. Robust flows from local investors amidst mixed flows from foreigners have helped Nifty achieve this landmark."
"Successful achievements recently in space and foreign diplomacy by India have boosted sentiments for Indian stocks generally in an era when the global situation is still shaky," the further added. "Smallcap and Midcap stocks have run up quite sharply and in some cases unjustifiably so. Review of asset allocation and booking some profits/raising some cash is advised,” the expert further said.
Share Market HIGHLIGHTS | Nifty settles at record closing high of 19,996, Sensex soars 528 pts to end at 67,127
Nifty 50
Nifty finishes at a record closing high of 19,996, up 0.89 per cent.
Source: NSE
Sensex
Sensex ends 528 points higher at 67,127.
Source: BSE
Share Market Today LIVE | Adani Ports, Adani Enterprises, Axis Bank rise most in 50-scrip blue-chip basket
Adani Ports, Adani Enterprises, Axis Bank and PowerGrid are among the top gainers in the Nifty basket, trading with gains of around 7-2 per cent. On the other hand, Coal India, ONGC and L&T are among the top losers, down nearly 1 per cent.
Source: NSE
Share Market Today LIVE | Nifty @ 20,000, Sensex tops 67,150, up over 550 pts amid broad-based buying
Nifty 50
Source: NSE
Sensex
Source: BSE
Nifty @ 20,000 | 50-scrip index crosses 19,992 to scale fresh peak
BREAKING NEWS | Nifty50 @ life high; 50-scrip index crosses July 20 peak to scale fresh peak
Nifty50 finally scales a fresh life high of 19,992.65 in the afternoon trade on September 11, 2023. The previous all-time peak was 19,991.85, touched on July 20, 2023.
Share Market Today LIVE | Sensex tops 67,000; up over 400 pts; Nifty above 19,960 amid broad-based buying
Nifty 50
Source: NSESensex
Source: BSE
Share Market Tips LIVE | Buy EIL, Inox Wind shares, says Vikas Sethi
Vikas Sethi of Sethi Finmart recommends buying EIL shares for a target of Rs 175 with a stop loss at Rs 152. Besides, he recommends buying Inox Wind shares for a target of Rs 225 with a stop loss at Rs 200.
Share Market Today LIVE | IRFC, BHEL, Coal India, other stocks hit 52-week highs
As many as 76 stocks in the BSE 500 basket — the broadest index on the bourse — reached the milestone.
Stock CMP 52 Weeks High Previous 52 Weeks High(Price/Date) All Time High(Price/Date) 360ONE 546.9 554.95 538.00 (18 Jul 2023) 2,029.65 (24 Jan 2023) ABB 4,621.05 4,675.85 4,615.00 (19 Jul 2023) 4,845.00 (27 Jun 2007) AIAENG 3,757.25 3,775.85 3,744.90 (04 Sep 2023) 3,775.85 (11 Sep 2023) ASTRAZEN 4,501.90 4,517.00 4,367.95 (07 Sep 2023) 4,970.00 (08 Sep 2020) BEL 144.55 147.2 144.20 (08 Sep 2023) 4,160.00 (04 Aug 2015) BHARATFORG 1,116.30 1,117.40 1,111.10 (07 Sep 2023) 1,669.70 (27 Jun 2005) BHEL 141.85 148.95 146.40 (08 Sep 2023) 2,925.00 (07 Nov 2007) BIRLACORPN 1,302.00 1,337.00 1,328.85 (08 Sep 2023) 1,649.00 (09 Nov 2021) CANBK 359.15 360 351.30 (24 Jul 2023) 844.00 (09 Nov 2010) CHALET 574.25 578.1 568.00 (08 Sep 2023) 578.10 (11 Sep 2023) CHOLAHLDNG 1,101.55 1,105.00 1,080.55 (08 Sep 2023) 1,105.00 (11 Sep 2023) COALINDIA 279.15 284.9 284.40 (08 Sep 2023) 447.25 (05 Aug 2015) CSBBANK 335.25 341.45 336.10 (29 Aug 2023) 372.95 (05 Jul 2021) DALBHARAT 2,365.45 2,373.00 2,334.95 (06 Sep 2023) 2,547.20 (14 Sep 2021) DEVYANI 226.95 227.75 226.40 (08 Sep 2023) 227.75 (11 Sep 2023) EMAMILTD 568.65 582 546.25 (23 Aug 2023) 1,428.00 (10 Jan 2018) EXIDEIND 277.5 279.45 277.00 (08 Sep 2023) 388.45 (07 Sep 2006) FEDERALBNK 148.8 149.55 148.25 (08 Sep 2023) 550.75 (02 Jan 2013) FINCABLES 1,138.30 1,159.00 1,151.30 (06 Sep 2023) 1,159.00 (11 Sep 2023) GAIL 128 129.5 128.80 (08 Sep 2023) 555.00 (01 Jan 2008) GILLETTE 6,102.95 6,102.95 5,972.45 (17 Jul 2023) 8,200.00 (29 Oct 2019) GLAXO 1,460.00 1,480.95 1,474.10 (04 Sep 2023) 3,850.00 (31 Mar 2016) GODREJIND 574.75 600 590.00 (08 Sep 2023) 908.90 (18 May 2006) GPPL 140 141.4 141.30 (08 Sep 2023) 262.00 (06 Apr 2015) HAL 4,079.90 4,180.00 4,139.00 (08 Sep 2023) 4,180.00 (11 Sep 2023) HAVELLS 1,442.00 1,466.00 1,457.60 (08 Sep 2023) 1,503.70 (18 Oct 2021) HCLTECH 1,276.05 1,283.95 1,269.50 (08 Sep 2023) 3,021.00 (21 Feb 2000) HDFCAMC 2,653.40 2,662.00 2,638.65 (11 Aug 2023) 3,844.00 (22 Nov 2019) IDEA 11.27 11.55 11.00 (08 Sep 2023) 203.90 (17 Apr 2015) IIFL 620.9 648 633.45 (01 Aug 2023) 1,974.90 (01 Jan 2008) IRCON 160.1 160.1 135.65 (04 Sep 2023) 598.80 (19 Feb 2020) IRFC 84.76 84.76 78.00 (08 Sep 2023) 84.76 (11 Sep 2023) ITI 149.4 149.4 131.55 (05 Sep 2023) 275.00 (11 Jan 1994) JINDALSTEL 713.4 719.5 716.15 (05 Sep 2023) 16,780.00 (04 Jan 2008) JSL 525 531.4 494.00 (08 Sep 2023) 569.85 (15 Jan 2004) JSWENERGY 430.4 437 397.15 (08 Sep 2023) 437.00 (11 Sep 2023) JYOTHYLAB 364.95 375.3 374.80 (07 Sep 2023) 964.40 (02 Jan 2008) KIMS 2,151.55 2,225.30 2,170.25 (08 Sep 2023) 2,225.30 (11 Sep 2023) KPRMILL 783 790 772.50 (08 Sep 2023) 2,349.60 (09 Sep 2021) LEMONTREE 117.9 118.5 116.80 (08 Sep 2023) 118.50 (11 Sep 2023) LODHA 792.4 797.2 779.50 (08 Sep 2023) 1,538.65 (01 Dec 2021) LTIM 5,507.80 5,522.85 5,500.00 (08 Sep 2023) 7,595.25 (04 Jan 2022) MAHABANK 43.44 43.46 42.71 (08 Sep 2023) 96.50 (07 Jan 2008) MAHLIFE 591.25 599 587.75 (30 Aug 2023) 1,300.00 (18 May 2006) MARICO 581.55 591.7 590.40 (07 Sep 2023) 768.00 (16 Mar 1999) MARUTI 10,519.70 10,534.40 10,465.00 (04 Sep 2023) 10,534.40 (11 Sep 2023) MFSL 958.95 960.7 951.10 (07 Sep 2023) 1,240.00 (20 Feb 2007) NHPC 53.83 55.02 54.34 (07 Sep 2023) 55.02 (11 Sep 2023) NMDC 145 146.75 145.60 (08 Sep 2023) 16,584.10 (06 Nov 2007) NTPC 242.1 243.95 243.70 (08 Sep 2023) 291.00 (15 Jan 2008) OBEROIRLTY 1,190.55 1,206.00 1,186.85 (08 Sep 2023) 1,206.00 (11 Sep 2023) OFSS 4,392.00 4,528.95 4,365.10 (08 Sep 2023) 5,144.60 (19 Oct 2021) PEL 1,134.00 1,140.00 1,123.00 (28 Aug 2023) 3,302.55 (31 Aug 2018) PERSISTENT 5,952.50 6,035.00 5,998.25 (08 Sep 2023) 6,035.00 (11 Sep 2023) PETRONET 249.1 254.25 253.90 (08 Sep 2023) 458.80 (22 May 2017) PFC 307.5 313.9 306.75 (08 Sep 2023) 383.00 (14 Oct 2010) PGHH 17,384.25 17,433.80 17,315.00 (08 Sep 2023) 17,433.80 (11 Sep 2023) PHOENIXLTD 1,869.65 1,901.40 1,901.20 (05 Sep 2023) 37,536.25 (21 Sep 2005) PNB 68.75 68.85 68.63 (05 Sep 2023) 1,395.00 (09 Nov 2010) PRAJIND 584.65 598.6 541.50 (05 Sep 2023) 1,103.80 (16 Aug 2005) PRINCEPIPE 736.2 739.55 739.20 (05 Sep 2023) 896.65 (09 Nov 2021) RATNAMANI 2,776.25 2,800.00 2,775.00 (05 Sep 2023) 2,857.00 (03 Jun 2022) RECLTD 273.65 284.5 272.70 (08 Sep 2023) 409.50 (11 Oct 2010) RITES 573.25 583.45 567.00 (08 Sep 2023) 583.45 (11 Sep 2023) RVNL 189 191.4 165.80 (08 Sep 2023) 191.40 (11 Sep 2023) SHRIRAMFIN 1,961.00 1,973.40 1,959.30 (08 Sep 2023) 1,973.40 (11 Sep 2023) SJVN 74.45 76.1 67.29 (04 Sep 2023) 76.10 (11 Sep 2023) SONATSOFTW 1,117.50 1,147.40 1,124.70 (08 Sep 2023) 2,936.60 (16 Feb 2000) TATACOMM 1,938.10 1,956.85 1,907.75 (07 Sep 2023) 3,250.00 (11 Feb 2000) THERMAX 3,000.00 3,000.00 2,940.00 (08 Sep 2023) 3,000.00 (11 Sep 2023) TIINDIA 3,578.85 3,599.00 3,394.00 (23 Jun 2023) 3,599.00 (11 Sep 2023) TITAN 3,209.75 3,221.00 3,211.10 (07 Jul 2023) 4,765.00 (14 Jun 2011) TMB 593.5 611 606.50 (07 Sep 2023) 611.00 (11 Sep 2023) TVSMOTOR 1,488.60 1,495.00 1,489.95 (08 Sep 2023) 1,495.00 (11 Sep 2023) UNITDSPR 1,065.00 1,072.65 1,068.50 (06 Sep 2023) 4,080.00 (05 Mar 2015) WIPRO 433.75 437.4 437.30 (05 Sep 2023) 9,800.00 (22 Feb 2000) Share Market Today LIVE | HCL Tech, Maruti Suzuki, NTPC other stocks hit 52-week highs
As many as five stocks in the S&P BSE Sensex basket reached the milestone.
Stock CMP 52 Weeks High Previous 52 Weeks High(Price/Date) All Time High(Price/Date) HCLTECH 1,276.35 1,283.95 1,269.50 (08 Sep 2023) 3,021.00 (21 Feb 2000) MARUTI 10,516.85 10,534.40 10,465.00 (04 Sep 2023) 10,534.40 (11 Sep 2023) NTPC 242.4 243.95 243.70 (08 Sep 2023) 291.00 (15 Jan 2008) TITAN 3,210.35 3,221.00 3,211.10 (07 Jul 2023) 4,765.00 (14 Jun 2011) WIPRO 434.05 437.4 437.30 (05 Sep 2023) 9,800.00 (22 Feb 2000) Nifty Today LIVE | RIL, HDFC Bank, Adani Ports, TCS among top movers in Nifty basket
RIL, HDFC Bank, Adani Ports, TCS and Axis Bank are the top movers in the Nifty baskets at this hour. On the contrary, ONGC, Coal India, Bajaj Finance and Cipla are among the top drags.
Here's a look at the heatmap in the 50-scrip universe by weight:
Source: NSE
Share Market Today LIVE | RVNL shares hit all-time high: Should you buy, sell or hold? Here's what expert suggests
Rail Vikas Nigam Limited (RVNL) shares jump as much as 17.68 per cent on Monday to hit an all-time high of Rs 191.65 on the NSE. Read more
This is how the scrip has moved so far:
Image: NSE
Stocks to Buy | HDFC Bank, Axis Bank, ICICI Bank, Tata Motors among analysts' top picks this week
In conversation with Zee Business Managing Editor Anil Singhvi, market experts Rakesh Bansal, Kunal Saraogi, Mehul Kothari, Himanshu Gupta, Sandeep Jain and Sumeet Bagadia share their top recommendations in this special segment, Pick of the Week. On the top analysts' 'buy' list are stocks such as Tata Motors, Havells India, HDFC Bank, Axis Bank, ICICI Bank, NTPC, REC, Bharti Airtel, United Spirits, Nocil, Timken India and Sobha Ltd. Read more
Share Market Today LIVE | Sugar stocks rally after PM Modi launches Global Biofuel Alliance
Sugar stocks gain in Monday's session after Prime Minister Narendra Modi launched the Global Biofuel Alliance (GBA) on Saturday on the sidelines of the G20 Summit. Individually on BSE, ethanol-producing companies—Praj Industries shares hit a 52-week high at Rs 598.6 apiece, Shree Renuka Sugars' stock gains over 7 per cent, Dhampur Sugar Mills shares rise over 3 per cent, and Balrampur Chinni Mills gains over 3 per cent. Read more
Image source: Pixabay/ Representational image Dividend Stocks | Gujarat Gas, Sterling Tools, Landmark Carr among 11 shares trade ex-date today
A total of 11 stocks traded ex-dividend on Friday, September 11, according to the NSE website. The list includes Gujarat Gas, Sterling Tools, Landmark Cars and others.
Sterling Tools dividend
Sterling Tools has announced a dividend of Rs 2 per equity share with a face value of Rs 2.
Landmark Cars dividend
Landmark Cars has announced a dividend of Rs 2.25 per equity share with a face value of Rs 5.
Manorama Industries dividend
Manorama Industries has announced a dividend of Rs 2 per equity share with a face value of Rs 10.
Hisar Metal Industries dividend
Hisar Metal Industries has announced a dividend of Re 1 per equity share with a face value of Rs 10.
Gujarat Gas dividend
Gujarat Gas has announced a dividend of Rs 6.65 per equity share with a face value of Rs 2. The record date is also September 11.
Dilip Buildcon dividend
Dilip Buildcon has announced a dividend of Re 0.1 per equity share with a face value of Rs 10.
Garware Technical Fibres dividend
Garware Technical Fibres has announced a dividend of Rs 3.5 per equity share with a face value of Rs 10. Read more
Share Market Today LIVE | Railway, shipping stocks rally as G20 leaders announce multinational rail and port deal; RVNL hits all-time high
Most railways and shipping stocks are trading in positive territory on Monday, September 11. The stocks rallies after global leaders announced a multinational rail and port deal linking the Middle East and South Asia on Saturday on the sidelines of the G20 summit in New Delhi. The pact comes at a critical time as US President Joe Biden seeks to counter China's Belt and Road push on global infrastructure by pitching Washington as an alternative partner and investor for developing countries at the G20 grouping.
Rail Vikas Nigam (RVNL) shares are trading over 13.82 per cent higher at Rs 185.3 on the BSE. The stock hit an all-time high of Rs 191.4 on the BSE. Titagarh Rail Systems are up 3.73 per cent at Rs 836.45. BEML trades at Rs 2,615. Among shipping stocks, Cochin Shipyard are trading 0.88 per cent higher at Rs 1,220 on the BSE, while Garden Reach Shipbuilders & Engineers are up 0.57 per cent at Rs 890.15. Read more
New listings | Ratnaveer Precision Engineering, Rishabh Instruments debut on D-Street
Two new stocks entered the listed space on Monday, September 11. The stocks of Ratnaveer Precision Engineering, a maker of finished stainless steel products, and Rishabh Instruments, a manufacturer of measuring instruments, debuted in the secondary market.
Though the stocks debuted at mild premiums over their respective issue prices, both falls short of the expectations of Zee Business Managing Editor Anil Singhvi. Ratnaveer Precision shares opens at Rs 128 apiece on BSE, marking a premium of Rs 30, or 30.6 per cent, over the upper end of the price band of the company's IPO. The stock of Rishabh Instruments begins its journey on the bourse at Rs 460 apiece, a premium of Rs 19, or 4.3 per cent. Read more
Anil Singhvi Market Strategy | Important levels to track in Nifty, Nifty Bank today
Zee Business Managing Editor Anil Singhvi sees a strong buy zone in the headline Nifty index coming in at 19,650-19,725 on Monday, September 11. For the Nifty Bank, he expects support at 44,825-44,950 levels and a strong buy zone at 44,675-44,775 levels.
Read more on how Anil Singhvi views the Indian share market today and what he recommends
Share Market Today LIVE | Nifty near 19,900, Sensex gains nearly 200 pts
Nifty 50
Nifty trades near 19,900, up 0.34 per cent in opening deals.
Source: NSESensex
Sensex trades nearly 200 points higher at 66,796.39 in opening deals.
Source: BSE
Traders' Diary | Buy, sell or hold strategy on IRCTC, BHEL, Neogen Chemicals, Puravankara, over a dozen other stocks today
In this edition of Traders' Diary, the Zee Business research team shares exclusive research on more than a dozen stocks that investors and traders can track on Monday, September 11. Check out which stocks are on analysts Ashish Chaturvedi and Kushal Gupta's radar, and what they recommend in cash and derivative segments.
Here's the complete list of investment and trading ideas for the day:
Kushal Gupta
- Buy UFO Moviez shares in the cash segment for a price target of Rs 114 with a stop loss at Rs 109
- Sell IRCTC futures for a target of Rs 707 with a stop loss at Rs 737
- Buy the Rs 1,800 put option of MCX at Rs 60 for a target of Rs with a stop loss at Rs 50
- Technical pick: Buy BHEL shares for a target of Rs 150 with a stop loss at Rs 142
- Fundamental pick: Buy Chambal Fertilisers shares for a six-month target of Rs 350
- Investment idea: Buy Maruti Suzuki shares for a one-year target of Rs 12,000. Read more
Stocks to Watch | Tata Communications, ICICI Bank, Tata Motors, MCX, Olectra Greentech and Reliance Industries among top stocks to track today
Here is a list of stocks that will be in focus today:
Tata Communications
The company has tied up with Nvidia to build artificial intelligence (AI) infrastructure in India. Tata Communications' global network will provide high-speed data transfer facilities to all companies on the AI cloud.
Renewable energy stocks
All countries will try to encourage efforts to triple renewable energy capacity globally through existing targets and policies in line with national circumstances by 2030. India's National Investment and Infrastructure Fund and the U.S. Development Finance Corporation gave letters of intent. Both countries will contribute $500 million to a renewable infrastructure investment fund. The fund will be used to undertake greenfield renewable energy, battery storage, and emerging green technology projects in India.
Space-related stocks in focus
ISRO and NASA will start talks on modalities, capacity building, and training for the International Space Station in 2024. Both organisations will prepare a strategic framework regarding human space flight by the end of 2023.
Tata Motors/JBM Auto/Olectra Greentech/Ashok Leyland
Around 1,850 electric buses will soon run in 19 cities in Uttar Pradesh. Officials will arrange adequate land and charging points for the operation of e-buses. Ten thousand e-buses will be run by the Central Government in various cities of the country. Read more
Sovereign Gold Bond scheme opens today | Check price, discount, interest rate and other details
According to the Reserve Bank of India, the latest Sovereign Gold Bond (SGB) tranche will open for subscription today i.e. September 11.
Sovereign Gold Bond Scheme 2023-24: Subscription dates
The subscription for the Sovereign Gold Bond (SGB) Scheme 2023-24 Series II will begin on September 11 and will remain open till September 15, 2023.
Sovereign Gold Bond Scheme 2023-24: Issue price
The issue price for the Sovereign Gold Bond Scheme 2023-24 Tranche 2 has been fixed at Rs 5,923 per gram by the Reserve Bank of India. Read more
Share Market Today LIVE | GIFT Nifty futures indicate a positive start ahead on Dalal Street
GIFT Nifty futures — an early indicator of the Nifty 50 index — are up 47.55 points or 0.24 per cent at 19,920 ahead of the opening bell on Dalal Street.
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