Share Market HIGHLIGHTS: Sensex ends 523 pts lower, Nifty slides to 21,616 dragged by financial stocks; Coal India shares plunge 5% ahead of Q3 results today
Share Market HIGHLIGHTS: Domestic equity benchmarks Nifty50 and Sensex gave up initial gains, amid selling pressure in financial and oil & gas shares, to finish about three-quarters of a percentage point lower on Monday, February 12, amid mixed signals from global markets. Analysts awaited more earnings reports from India Inc for domestic cues.
Catch all the highlights of the February 12 session on Dalal Street, 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:
Share Market HIGHLIGHTS: Domestic equity benchmarks Nifty50 and Sensex gave up initial gains, amid selling pressure in financial and oil & gas shares, to finish about three-quarters of a percentage point lower on Monday, February 12, amid mixed signals from global markets. Analysts awaited more earnings reports from India Inc for domestic cues.
Catch all the highlights of the February 12 session on Dalal Street, 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 Today LIVE: Nifty Midcap 100 settles 2.5% lower; Nifty Smallcap 100 down 4%
Index | Feb 12 close | Change (%) |
NIFTY 500 | 19,675.20 | -1.43 |
NIFTY MIDCAP 100 | 47,675.80 | -2.48 |
NIFTY SMALLCAP 100 | 15,617.05 | -4.01 |
The Nifty 500, the broadest index on the bourse, finishes 1.4 per cent lower.
Share Market Today: Coal India, Hero MotoCorp, BPCL, ONGC, Tata Steel worst hit among 34 Nifty laggards; Dr Reddy's top gainer, up 2.7%
Top Nifty50 gainers
Stock | Feb 12 close | Change (%) |
DRREDDY | 6,321.00 | 2.68 |
APOLLOHOSP | 6,604.70 | 2.6 |
DIVISLAB | 3,735.50 | 2.28 |
WIPRO | 501.15 | 2.18 |
HCLTECH | 1,659.40 | 1.77 |
M&M | 1,661.60 | 0.92 |
EICHERMOT | 3,873.95 | 0.86 |
LTIM | 5,500.05 | 0.86 |
BAJAJ-AUTO | 7,824.95 | 0.52 |
INFY | 1,677.20 | 0.47 |
Top Nifty50 losers
Stock | Feb 12 close | Change (%) |
COALINDIA | 434.3 | -4.8 |
HEROMOTOCO | 4,699.05 | -4.27 |
BPCL | 590.4 | -3.89 |
ONGC | 257.75 | -3.66 |
TATASTEEL | 137.5 | -2.69 |
NTPC | 316.25 | -2.66 |
SBIN | 707 | -2.52 |
INDUSINDBK | 1,452.40 | -2.28 |
ITC | 406.8 | -2.09 |
ADANIPORTS | 1,249.85 | -1.7 |
Share Market Today: Nifty Media, Nifty PSU Bank, Nifty Realty worst hit among NSE's sectoral gauges, down 3-4.5%
Index | Feb 12 close | Change (%) |
NIFTY MEDIA | 2,094.05 | -4.46 |
NIFTY PSU BANK | 6,637.05 | -4.43 |
NIFTY REALTY | 849.95 | -2.97 |
NIFTY OIL & GAS | 11,239.05 | -2.62 |
NIFTY METAL | 7,901.65 | -2.4 |
NIFTY PRIVATE BANK | 22,532.70 | -1.66 |
NIFTY BANK | 44,882.25 | -1.65 |
NIFTY FINANCIAL SERVICES | 19,918.50 | -1.41 |
NIFTY FMCG | 53,292.95 | -1.07 |
NIFTY CONSUMER DURABLES | 30,756.20 | -0.88 |
NIFTY AUTO | 19,419.60 | -0.8 |
NIFTY PHARMA | 18,669.55 | 0.28 |
NIFTY HEALTHCARE INDEX | 11,962.85 | 0.54 |
NIFTY IT | 37,998.00 | 0.79 |
The IT index, on the other hand, bucked the overall negative trend among sectoral gauges, finishing with a gain of 0.8 per cent, led by HCL Tech, Wipro and Infosys.
Image: Niftyindices.com
Share Market Today LIVE: Buy Accelya Solutions shares, says Vikas Sethi
Vikas Sethi of Sethi Finmart recommends going long on Accelya Solutions India shares for a target of Rs 1,900 with a stop loss at Rs 1,790.
Accelya Solutions shares have grown 53 per cent in value in the past year, outperforming a 22 per cent rise in the headline Nifty50 index.
Image: BSEIndia.com
Share Market Today LIVE: HAL shares remain under pressure after Q3 earnings
HAL shares remain below the flatline, trading 3.4 per cent lower for the day at Rs 2,865.9 apiece on BSE. Earlier in the day, the stock fell as much as 4.3 per cent to Rs 2,837.7 apiece on BSE.
Image: BSEIndia.com
Share Market Today LIVE: HAL Q3 profit up 9% at Rs 1,261 crore, better than analysts' expectations; shares remain under pressure
Aerospace and defence company Hindustan Aeronautics Ltd (HAL) reports a 9.2 per cent year-on-year increase in consolidated net profit to Rs 1,261.4 crore for the October-December period, over growth of 7.0 per cent in revenue to Rs 6,061.3 crore for the fiscal third quarter.
The company's board declares a dividend of Rs 22 per share with a record date of February 20.
The Bengaluru-headquartered PSU's margin, a key measure of profitability, improves by 630 basis points on a year-on-year basis to 23.7 per cent. Read more on HAL Q3 earnings | HAL dividend
Share Market Today LIVE: Newly-listed Apeejay Surrendra Park Hotels shares command 33% premium over issue price
Apeejay Surrendra Park Hotels shares, which debuted in the secondary market at 10 am today, are quoting at Rs 206.1 apiece and Rs 206.4 apiece on BSE and NSE, respectively, a premium of about 33 per cent over the upper end of the issue price range.
Share Market Today LIVE: Should you buy LIC, Divi's Labs, Bandhan Bank, Tata Power shares today? Here is what brokerages suggest
- JPMorgan retains an 'overweight' rating on Life Insurance Corporation (LIC) shares with a target of Rs 1,340 per share
- Goldman Sachs maintains a 'neutral' rating on Divi's Laboratories with a target price of Rs 3,670 per share
- Macquarie keeps an 'outperform' call on Aurobindo Pharma with a target of Rs 1,300
Share Market Today LIVE: Broader indices Nifty Midcap 100, Nifty Smallcap 100 down 2-3%
INDEX | CURRENT | Change (%) |
NIFTY 500 | 19,706.70 | -1.28 |
NIFTY SMALLCAP 100 | 15,743.15 | -3.23 |
NIFTY MIDCAP 100 | 47,931.85 | -1.96 |
The Nifty 500, the broadest index on NSE, is down 1.3 per cent at this hour.
Share Market Today LIVE: Most NSE sectoral indices in the red; Nifty Media, Nifty PSU Bank, Nifty Realty worst hit; Nifty IT bucks trend, up 1%
INDEX | CURRENT | Change (%) |
NIFTY MEDIA | 2,112.45 | -3.62 |
NIFTY PSU BANK | 6,699.55 | -3.53 |
NIFTY REALTY | 853.05 | -2.61 |
NIFTY OIL & GAS | 11,275.15 | -2.31 |
NIFTY PRIVATE BANK | 22,428.80 | -2.12 |
NIFTY BANK | 44,714.90 | -2.02 |
NIFTY METAL | 7,933.85 | -2 |
NIFTY FINANCIAL SERVICES | 19,855.65 | -1.72 |
NIFTY FMCG | 53,301.60 | -1.05 |
NIFTY CONSUMER DURABLES | 30,739.30 | -0.93 |
NIFTY AUTO | 19,528.50 | -0.24 |
NIFTY PHARMA | 18,629.55 | 0.07 |
NIFTY HEALTHCARE INDEX | 11,927.70 | 0.25 |
NIFTY IT | 38,102.00 | 1.07 |
Market Today LIVE: Sovereign Gold Bond scheme open for subscription at Rs 6,263 per unit
Sovereign Gold Bonds are now available for subscription till Friday, February 16. The current tranche is available at Rs 6,263 per gram.
Share Market Today LIVE: Buy PIX Transmissions shares, says Vikas Sethi
Vikas Sethi of Sethi Finmart has a 'buy' call on PIX Transmissions shares at current levels for a short-term target of Rs 1,400 with a stop loss at Rs 1,280. PIX Transmissions is strong company from a fundamental perspective, says Sethi.
PIX Transmissions shares have rewarded investors with a return of 69.5 per cent in the past year, sharply outperforming a 22 per cent gain in the headline Nifty50 index.
Share Market Today LIVE: Divi's shares hold on to the green after Q3 results
Divi's Labs shares gain by as much as Rs 171.7, or 4.7 per cent, to Rs 3,822.7 apiece on BSE.
Image: BSEIndia.com
On Saturday, the pharma company reported a 17 per cent increase in consolidated net profit to Rs 358 crore over revenue growth of 8.6 per cent to Rs 1,855 crore for the October-December period.
The drug maker's margin improved by 250 bps on a year-on-year basis to 26.4 per cent.
The earnings, however, fell short of Zee Business analysts' expectations.
Zee Business analysts had pegged Divi's Labs' third-quarter net profit at Rs 410 crore, revenue at Rs 1,994 crore and margin at 28 per cent.