Share Market HIGHLIGHTS: Nifty finishes above 20,100 for first time, Sensex ends 52 pts higher, extends rally to 10th day in a row

Thank you! That's all today on Zeebiz.com's blog on the Indian share market

For all other news related to business, politics, tech, sports and auto, follow us on Twitter, Facebook, LinkedIn and Instagram. 

Share Market HIGHLIGHTS | Nifty ends above 20,100, Sensex ends 52 pts higher

Nifty 50

Nifty finishes at 20,103, up 0.16 per cent.

Source: NSE

Sensex

Sensex ends 52 points higher at 67,519.

Source: BSE

Share Market HIGHLIGHTS | UPL, Hindalco, M&M rise most in 50-scrip blue-chip basket

UPL, Hindalco, M&M and ONGC are among the top gainers in the Nifty basket, trading with gains of around 4-2 per cent. On the other hand, Asian Paints, Britannia, Coal India and HDFC Life are among the top losers, down nearly 1 per cent.

Source: NSE

Share Market Today LIVE | TCS, Titan, Wipro, Hindalco, other stocks hit 52-week highs

As many as 40 stocks in the BSE 500 basket — the broadest index on the bourse — reached the milestone.

Share Market Today LIVE | Axis Bank, Tata Steel, Titan, other stocks hit 52-week highs

As many as 10 stocks in the S&P BSE Sensex basket — the broadest index on the bourse — reached the milestone. 

Share Market Today LIVE | Brokerages see over 30% upside in Fusion Micro Finance; stock jumps over 3.5%

Brokerage firm ICICI Securities and Investec are bullish on Fusion Micro Finance's stock and see an upside of over 30 per cent. According to reports, the company's prudent expansion strategy, growth potential, and commitment to becoming a trusted financial service provider in rural India are some key positives.

Apart from this, Investec believes that the finance industry is resilient, and its structural developments are creating a strong outlook for Fusion MicroFinance. The brokerage estimates the company's assets under management (AUM) to grow by 25 per cent at a compound annual growth rate (CAGR) and its profit to rise by 20 per cent over the next three years. The counter trades at Rs 617.05, up 3.5 per cent. Read more

Share Market Tips LIVE | Buy IG Petro, Jamna Auto shares, says Vikas Sethi 

Vikas Sethi of Sethi Finmart recommends buying IG Petro shares for targets of Rs 545 and Rs 550 with a stop loss at Rs 510. Besides, he recommends buying Jamna Auto shares for a target of Rs 130 with a stop loss at Rs 114.

Share Market Today LIVE | JK Tyre stock rises more than 2% after rating upgrade from CARE

Shares of JK Tyre trade nearly 3 per cent at Rs 260a day after the tyremaker announced on Wednesday that CARE Ratings Ltd. (CARE) had upgraded its long-term issuer rating to CARE A+ from 'CARE A'. CARE has also upgraded the outlook of Cavendish Industries Limited, a subsidiary of JK Tyre, to 'stable' from 'negative'. Read more 

Share Market Today LIVE | Bombay Burmah stock jumps 14%, clocks fresh 52-week high of Rs 1,375

Bombay Burmah Trading Corporation Ltd, NSE: BBTC shares zoomed by as much as nearly 14 per cent to clock a fresh 52-week high of Rs 1,375 apiece on the NSE, surpassing an earlier peak of Rs 1,297.75 touched on September 8, 2023. The trends follow in the counter despite India Ratings revising the Bombay Burmah Trading Corporation’s outlook to negative from stable while affirming the long-term issuer rating at ‘IND AA’ in a report dated September 8. Read more

Share Market Today LIVE | From issue price of Rs 585 to lifetime high of Rs 2,484, this stock has had a spectacular run on D-Street

Every year, numerous companies come up with their initial public offerings (IPOs) to raise money as well as to enjoy the benefits of being in a listed space. Among them, some script history with record-breaking subscriptions, while others fizzle out with muted or poor responses from the investors. Data Patterns is one such company whose share sale was a big hit. Investors rushed to lap up the shares that were put on offer, and on the final day, the share sale closed with an impressive 119.62 times subscription. Read more 

Share Market Today LIVE | Zaggle Prepaid IPO opens for subscription; check out allotment date, subscription status, listing date; should you apply?

The initial public offer (IPO) of Zaggle Prepaid Ocean Services has opened for subscription on Thursday, September 14. The bidding process for the public offer, comprising fresh issuance worth Rs 392 crore and an offer for sale (OFS) worth Rs 1.04 crore shares by promoters and a few external investors, will conclude on Monday, September 18. Under the OFS, promoters -- Raj P Narayanam and Avinash Ramesh Godkhindi -- will offload shares.

Zaggle IPO allotment date

The basis of the allotment of shares under the IPO of Zaggle Prepaid is set to be finalised on September 22, Friday. Successful bidders will get shares credited into their demat accounts on September 26, Tuesday, whereas other participants will have refunds initiated on September 25, Monday.

 Zaggle IPO listing date

The Zaggle Prepaid stock is likely to be listed in the secondary market on September 27, Wednesday. The equity shares of the company will be listed on the BSE and NSE.

Zaggle IPO review: Should you subscribe to it? Here is what Anil Singhvi suggests

Zee Business Managing Editor Anil Singhvi said that investors with a higher risk appetite should invest money for the long term. Read more 

Source: Freepik/ Representational image 

Share Market Today LIVE | CONCOR shares surge over 3%; Jefferies maintains 'buy' on stock, target price raised to Rs 825

Shares of Container Corporation of India (CONCOR) rally as much as 3.33 per cent to hit a high of Rs 722.30 apiece on the BSE on Thursday, September 14. Foreign brokerage Jefferies has maintained a 'buy' call on the stock and has raised the target price to Rs 825 from Rs 775 earlier. Read more 

Dividend Stocks | Prestige Estates Projects, Vadilal Industries among 8 shares trade ex-date today

A total of eight stocks traded ex-dividend on Thursday, September 14, according to the NSE website. The list includes Prestige Estates Projects, Vadilal Industries and other stocks. 

Amrutanjan dividend 2023

Amrutanjan Health Care has announced a dividend of Rs 2.6 per equity share with a face value of Re 1. The record date is also September 14.

Prestige Estates dividend

Prestige Estates Projects has announced a dividend of Rs 1.5 per equity share with a face value of Rs 10. The record date is also September 14.

Vadilal Industries dividend

Vadilal Industries has announced a dividend of Rs 1.5 per equity share with a face value of Rs xxx. The record date is also September 14.

Dhunseri Investments dividend

Dhunseri Investments has announced a dividend of Rs 2.5 per equity share with a face value of Rs 10.

Radico Khaitan dividend

Radico Khaitan has announced a dividend of Rs 3 per equity share with a face value of Rs 2. Read more

Share Market Today LIVE | IRCTC stock jumps over 2% after railway ticketing firm signs MoU with MSTRC

Indian Railway Catering Tourism Corporation (IRCTC) shares trade edge higher, a day after the railway ticketing and catering company signed an MoU with Maharashtra State Road Transport Corporation (MSTRC). The counter trades over 1 per cent higher at Rs 694.35 on BSE. 

As per the Memorandum of Understanding (MoU), IRCTC will enable MSRTC's online bus booking services via IRCTC's bus booking portal/website, accessible at https://www.bus.irctc.co.in. Read more 

Currency Update | Rupee rises 8 paise to 82.93 against US dollar

The rupee appreciated 8 paise to 82.93 against the US dollar in early trade on Thursday tracking positive domestic equities.