Share Market HIGHLIGHTS: Nifty reclaims 19,800, Sensex settles 333 pts higher; NTPC, Coal India gain 2%

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Share Market HIGHLIGHTS | Nifty reclaims 19,800, Sensex settles 333 pts higher

Nifty 50

Nifty ends at 19,820, up 0.47 per cent. 

Source: NSE

Sensex

Sensex ends 333 points higher at 66,599.

Source: BSE

Share Market HIGHLIGHTS | NTPC, Coal India, BPCL among top gainers in Nifty basket

NTPC, Coal India, BPCL and Tata Motors are among the top gainers in the Nifty basket, trading with gains of around 3-2 per cent. On the other hand, UltraTech Cement, Eicher Motors, UPL and Apollo Hospitals are among the top losers, down around 1 per cent.

Source: NSE

Share Market Tips LIVE | Buy Stove Kraft India shares, says Vikas Sethi 

Vikas Sethi of Sethi Finmart also recommends buying Stove Kraft shares for a target of Rs 570 with a stop loss at Rs 537.

Share Market Tips LIVE | Buy JTEKT India shares, says Vikas Sethi 

Vikas Sethi of Sethi Finmart recommends buying JTEKT India shares for a target of Rs 160 with a stop loss at Rs 138.

Share Market Today LIVE |  BHEL, BEL, GAIL hit 52-week highs

As many as 67 stocks in the BSE 500 basket — the broadest index on the bourse — reached the milestone. 

Share Market Today LIVE | HCL Tech, IndusInd Bank, L&T, other stocks hit 52-week highs

As many as five stocks in the S&P BSE Sensex basket reached the milestone. 

BROKERAGE VIEW: Nirmal Bang Securities on Gillette India 

RATING: BUY

TARGET PRICE: Rs 6,775 

UPSIDE: 15% 

The gradual introduction of the Braun range of products in India from Feb’22 as part of the listed Gillette India Ltd fills an important gap in GILL’s erstwhile India portfolio. Healthy sales growth in the last two years has resulted in Gillette India Grooming sales now increasing in terms of salience of global Grooming sales. Maintain Buy. 

STOCK MARKET UPDATE: Key indices at 01:40 PM

BUZZING STOCK: Graphite India jumps over 10%

Share Market Today LIVE | Jupiter Life Line Hospital IPO subscribed 10.35 times on Day 3

Jupiter Life Line Hospitals, a multi-specialty hospital chain operator's share sale has received bids for 8,79,36,060 shares against 84,97,169 shares on offer so far on day 3, Friday. The category for Qualified Institutional Buyers (QIBs) has been subscribed 14.93 times. The non-institutional investors' part is subscribed 16.84 times, while the quota for Retail Individual Investors (RIIs) is subscribed 5.03 times. Overall, the public issue has been subscribed to 10.35 per cent so far on Day 3 of the bidding process. ​Read more 

Share Market Today LIVE | ONGC to invest Rs 15,000 crore in ONGC Petro-additions; stock rises

Oil and Natural Gas Corporation (ONGC) shares rose over 1 per cent after the state-owned oil exploration company said it will infuse about Rs 15,000 crore in ONGC Petro-additions (OPaL) as part of a financial restructuring exercise that will see gas utility GAIL being edged out of the petrochemical firm. ONGC currently holds a 49.36 per cent stake in ONGC Petro-additions Ltd (OPaL), which operates a mega petrochemical plant at Dahej in Gujarat. GAIL (India) Ltd has 49.21 per cent interest, and Gujarat State Petrochemical Corp (GSPC) has the remaining 1.43 per cent. Read more 

Stocks to buy | HDFC Bank, PowerGrid, DLF, IndusInd Bank among analysts' top picks today

In conversation with Zee Business Managing Editor Anil Singhvi, market experts Sacchitanand Uttekar, Kunal Saraogi, Rajesh Palviya, Siddharth Sedani, Sumeet Bagadia and Sandeep Wagle share their top recommendations for the day in this special segment, Pick of the Day. On the top analysts' 'buy' list are stocks such as DLF, Trent, HDFC Bank, IndusInd Bank, PowerGrid and Deepak Fertilisers. Read more

Share Market Today LIVE | Bajaj Finserv shares jump over 2% after subsidiary Bajaj Allianz General Insurance reports strong numbers in August

Bajaj Finserv shares gain more than 2 per cent on the bourses, after a stellar performance by its subsidiary, Bajaj Allianz General Insurance Company, for the month of August. In August, Bajaj Allianz General Insurance Company reported a robust Gross Direct Premium underwritten, amounting to Rs 1,677.87 crore, which increased by 64.3 per cent from Rs 1,021 crore reported in August 2022. For the cumulative period from April to August 2023, the company's Gross Direct Premium reached a substantial Rs 9,228.81 crore, the financial services provider said in a filing to the stock exchanges on Thursday. Read more 

Share Market Today LIVE | Mazagon Dock Shipbuilders clocks fresh all-time high; the stock has jumped over 380% in 12 months

Mazagon Dock Shipbuilders shares zoom nearly 19 per cent to clock a fresh all-time high of Rs 2,338.1 on BSE, a day after the company said in its regulatory filing that it had signed a Master Ship Repair Agreement (MSRA) with the US Government represented by NAVSUP Fleet Logistics Center (FLC) Yokosuka.  "This is a Non-Financial Agreement. There are only two shipyards in the country including MDL who have signed MSRA. The agreement is expected to open up voyage repairs of US Navy Ships at MDL," the company added. 

Defence sector outlook 

ICICI Securities, in its research report dated September 5, said, "In our view, continued acceptance of necessity (AoNs), orders, and tests even in the pre-election year (general elections are due in CY24) bode well for the defence sector. It allays the apprehensions of investors pertaining to order book accretion. In this respect, we find BEL particularly in a vantage position, having crossed 50 per cent of order flow guidance (of INR 200bn) for FY24 already." Read more 

Image source: Reuters/ Representational image