Share Market HIGHLIGHTS: Sensex ends 78 pts lower, Nifty at 19,665; Cipla, TechM, IndusInd Bank among top blue-chip losers, down 1%
Share Market HIGHLIGHTS: Domestic equity benchmarks Nifty 50 and Sensex closed on a muted note on Tuesday, September 26, as some domestic buying balanced the losses with relentless selling by foreign funds over fears that global interest rates would stay higher for longer. Buying was seen in auto, FMCG, metal, realty, and oil & gas stocks.
At close, the S&P BSE Sensex was down 78.22 points, or 0.12 per cent, at 65,945.47, and the NSE Nifty was down 9.85 points, or 0.05 per cent, at 19,664.7. Among the Nifty50 stocks, 23 declined and 27 advanced. While the Nifty Mid Cap 100 closed in red, the Nifty Small Cap 100 settled higher. On the sectoral front, Nifty Bank was down 0.32 per cent at 44,624.2.
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:
Share Market HIGHLIGHTS: Domestic equity benchmarks Nifty 50 and Sensex closed on a muted note on Tuesday, September 26, as some domestic buying balanced the losses with relentless selling by foreign funds over fears that global interest rates would stay higher for longer. Buying was seen in auto, FMCG, metal, realty, and oil & gas stocks.
At close, the S&P BSE Sensex was down 78.22 points, or 0.12 per cent, at 65,945.47, and the NSE Nifty was down 9.85 points, or 0.05 per cent, at 19,664.7. Among the Nifty50 stocks, 23 declined and 27 advanced. While the Nifty Mid Cap 100 closed in red, the Nifty Small Cap 100 settled higher. On the sectoral front, Nifty Bank was down 0.32 per cent at 44,624.2.
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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Share Market HIGHLIGHTS | Sensex ends 78 pts lower, Nifty at 19,665
Nifty 50
Nifty ended at 19,665, down 0.05 per cent.
Source: NSE
Sensex
Sensex settles 78 points lower at 65,945.
Source: BSE
Share Market HIGHLIGHTS | TechM, Cipla, IndusInd Bank among top losers
TechM, Cipla, IndusInd Bank and Adani Enterprises are among the top losers, down around 2-1 per cent in the Nifty basket. On the other hand, Eicher Motors, Hero MotoCorp, Nestle India and ONGC are among the top gainers trading with gains of around 3-1 per cent.
Source: NSE
Share Market Today LIVE | Nifty Bank edges lower
Source: NSE
Nifty Today LIVE | Infy, Kotak Bank, TCS among top drags
Infy, Kotak Bank, TCS and ICICI Bank are the top drags in the Nifty baskets at this hour. On the contrary, HDFC Bank, L&T, Bajaj Finance and Eicher Motors are among the top movers.
Here's a look at the heatmap in the 50-scrip universe by weight:
Source: NSE
Share Market Tips LIVE | Buy CMS Info, Vardhman Steel shares, says Vikas Sethi
Vikas Sethi of Sethi Finmart recommends buying CMS Info shares for a target of Rs 370 with a stop loss at Rs 340. Besides, he recommends buying Vardhman Steel shares for a target of Rs 220 and Rs 225 with a stop loss at Rs 199.
Share Market Today LIVE | Coal India, MCX, TVS Motor hit 52-week highs
As many as 13 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) |
| APARINDS | 5,705.00 | 5,801.20 | 5,740.00 (20 Sep 2023) | 5,801.20 (26 Sep 2023) |
| COALINDIA | 288 | 291.25 | 289.00 (25 Sep 2023) | 447.25 (05 Aug 2015) |
| JSWENERGY | 439.55 | 441.7 | 437.00 (11 Sep 2023) | 441.70 (26 Sep 2023) |
| LICHSGFIN | 466.2 | 473 | 471.00 (14 Sep 2023) | 1,496.50 (29 Sep 2010) |
| MAHSCOOTER | 7,893.00 | 8,138.95 | 7,999.00 (25 Sep 2023) | 8,138.95 (26 Sep 2023) |
| MCX | 1,902.80 | 1,962.75 | 1,950.00 (25 Sep 2023) | 2,134.90 (14 Oct 2021) |
| PNB | 79.98 | 81.35 | 80.55 (25 Sep 2023) | 1,395.00 (09 Nov 2010) |
| SUNTECK | 440.15 | 444.1 | 443.15 (25 Sep 2023) | 2,955.00 (08 Oct 2009) |
| TATACONSUM | 902 | 909.8 | 905.40 (25 Sep 2023) | 1,220.00 (29 Jun 2010) |
| TATAINVEST | 3,004.45 | 3,052.95 | 3,025.00 (25 Sep 2023) | 3,052.95 (26 Sep 2023) |
| TRENT | 2,169.15 | 2,185.30 | 2,173.30 (25 Sep 2023) | 2,442.40 (07 Sep 2016) |
| TVSMOTOR | 1,538.60 | 1,543.80 | 1,532.00 (20 Sep 2023) | 1,543.80 (26 Sep 2023) |
| VBL | 969.75 | 975 | 941.60 (05 Sep 2023) | 1,747.15 (26 May 2023) |
Share Market Today LIVE | Chaman Lal Setia Exports hits record high; LT Foods, KRBL also surge as govt approves export of rice to UAE
Rice companies shares rally a day after the Ministry of Commerce & Industry cleared the export of 75,000 tonnes of non-basmati white rice to the United Arab Emirates (UAE) through National Cooperative Exports Ltd (NCEL). The decision is noteworthy because, although there is a ban on rice exports, India is shipping rice to friendly and neighbouring countries on their request to meet their food security demands. Read more
Share Market Today LIVE | Why are brokerage houses bullish on auto stocks?
Brokerage houses recently have raised their target price on four auto stocks—Eicher Motors, Maruti Suzuki, TVS Motor, and Mahindra & Mahindra (M&M)—expecting a rise in sales during the festival season. According to Zee Business research, record sales of more than 10 lakh units of vehicles are expected in the upcoming festival season as original equipment manufacturers (OEM) have increased production by 25 per cent to meet order needs. Meanwhile, in a period from July to September, passenger vehicle (PV) sales have increased 8 per cent to 10 per cent and are expected to rise 6 per cent to 8 per cent during festivals. Read more
Share Market Today LIVE | KEI Industries shares bounce back after 5-day fall; should you buy or wait?
KEI Industries shares surged on Tuesday, in a rebound after five consecutive sessions of losses, riding on the back of strong management commentary and outlook. The stock of KEI Industries—a New Delhi-based manufacturer and supplier of electrical wires and cables—gained by Rs 142.8, or 5.9 per cent, to touch Rs 2,558 apiece at the strongest level of the day on BSE. Read more
Share Market Today LIVE | PowerGrid shares edge lower after board approves proposal to raise Rs 2,250 crore through bonds
PowerGrid shares trade in red at Rs 198.55, a day after the company announced that it had approved raising up to Rs 2,250 crore in FY23-24 in the second tranche to part finance its capex requirement. Read more
Stocks to buy: Bank of Baroda, MGL, Trent, other stocks among analysts' top picks today
In conversation with Zee Business Managing Editor Anil Singhvi, market experts Avinash Gorakshakar, Kunal Shah, Himanshu Gupta, Kunal Saraogi and Sumeet Bagadia 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 Mahanagar Gas, Bank of Baroda, Trent and Grasim Industries. Read more
Share Market Today LIVE | Ashish Kacholia exits Delta Corp; stock falls nearly 6%
Shares of Delta Corp, the casino, online gaming, and cruise ship operator, fell as much as 6 per cent on Tuesday, September 26, after investor Ashish Ramchandra Kacholia exited the stock. However, the stock recovered later. Ashish Ramchandra Kacholia sold 15 lakh shares, or a 0.56 per cent stake, at Rs 144.65 apiece through a bulk deal. The total deal size was worth Rs 21.69 crore. This move came after the stock lost over 17 per cent in Monday's trading session. Read more
Share Market Today LIVE | Poonawalla Fincorp shares rise after NBFC gets RBI's nod for launching co-branded credit card
The stock of Poonawalla Fincorp edges gains after the RBI gave its nod to the NBFC company to issue a co-branded credit card. The share opened at Rs 374.75 on Tuesday and rose to the day's high of Rs 380.20. Poonawalla Fincorp Limited has received permission from the RBI to issue a co-branded credit card with IndusInd Bank. Read more
Share Market Today LIVE | Jefferies maintains 'buy' on Eicher Motors, sees 23% upside; shares zoom
Royal Enfield parent Eicher Motors' shares surge on Tuesday, breaking out of a three-day losing streak, after brokerage Jefferies maintained its 'buy' rating on the stock while raising its price target by Rs 150 to Rs 4,150. The Eicher Motors stock strengthened by as much as Rs 155.2, or 4.6 percent, to Rs 3,539 apiece in intraday trade on BSE. Read more