Share Market HIGHLIGHTS: Nifty50 closes at record 22,122, Sensex jumps 282 pts driven by financial, FMCG stocks
Share Market Today LIVE: Domestic equity benchmarks Nifty 50 and Sensex opened on a positive note in the start of the trading week, indicating a surge towards the positive trajectory. 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 Today LIVE: Domestic equity benchmarks Nifty 50 and Sensex opened on a positive note in the start of the trading week, indicating a surge towards the positive trajectory.
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 Today: Broader indices Nifty Midcap 100, Nifty Smallcap 100 rise 0.4%
Index Feb 19 close Change (%) NIFTY 500 20,241.10 0.38 NIFTY MIDCAP 100 49,310.95 0.36 NIFTY SMALLCAP 100 16,258.30 0.4 The Nifty 500, NSE's broadest index, also finishes the day with a gain of 0.4 per cent.
Share Market Today: Nifty Consumer Durables, Nifty Pharma, Nifty FMCG top gainers among NSE's sectoral gauges; Nifty Realty top loser, down 0.7%
Index Feb 19 close Change (%) NIFTY CONSUMER DURABLES 32,025.15 1.87 NIFTY PHARMA 19,037.70 0.88 NIFTY FMCG 53,943.30 0.79 NIFTY OIL & GAS 11,919.70 0.55 NIFTY HEALTHCARE INDEX 12,102.40 0.53 NIFTY MEDIA 2,173.65 0.41 NIFTY FINANCIAL SERVICES 20,548.90 0.37 NIFTY BANK 46,535.50 0.32 NIFTY AUTO 20,481.60 0.28 NIFTY PRIVATE BANK 23,296.50 0.24 NIFTY METAL 7,981.25 0.06 NIFTY IT 38,363.15 -0.3 NIFTY PSU BANK 7,101.40 -0.47 NIFTY REALTY 876.8 -0.67 Share Market Today: Grasim, Bajaj Auto, Bajaj Finserv, Cipla, Bharti Airtel rise most among 27 Nifty gainers; Coal India, L&T, SBI Life top laggards
Top Nifty50 gainers
Stock Feb 19 close Change (%) GRASIM 2,170.65 3.09 BAJAJFINSV 1,618.60 2.71 BAJAJ-AUTO 8,514.00 2.27 CIPLA 1,471.35 2.13 BHARTIARTL 1,141.40 1.91 ICICIBANK 1,041.05 1.74 DRREDDY 6,421.95 1.66 BAJFINANCE 6,718.25 1.5 UPL 497.35 1.31 ADANIENT 3,265.00 1.28 Top Nifty50 losers
Stock Feb 19 close Change (%) COALINDIA 459.65 -4.24 LT 3,341.15 -1.35 SBILIFE 1,488.90 -1.3 WIPRO 536 -1.29 HDFCLIFE 585.6 -1.16 LTIM 5,518.00 -1.12 HEROMOTOCO 4,854.00 -0.82 TCS 4,099.85 -0.69 EICHERMOT 3,905.00 -0.6 INDUSINDBK 1,485.00 -0.58 Share Market Today: Nifty50 ends above 22,100 for first time, Sensex leaps 282 pts led by financial, FMCG stocks
Share Market Today LIVE | Nifty Bank gains over 175 pts
Source: NSE
NIFTY AT ALL-TIME HIGH | Nifty scales fresh peak of 22,186.65
Share Market Today LIVE | CRISIL hits 52-week high after rating agency reports strong operational Q3 results
CRISIL hit a 52-week high of Rs 5014.85 on BSE after the rating agency reported strong operational results in its December quarter and appointed a new chairman, Yann Le Pallec.
CRISIL Q3 Results
The company's profit for the December quarter soared by 32.90 per cent to Rs 210 crore from Rs 158 crore Year-on-Year (YoY). Its consolidated revenue from operations rose by 11.60 per cent to Rs 918 crore against Rs 822 crore in the same quarter last fiscal. Read more
Share Market Today LIVE | Dalal Street cheers Quess Corp move of demerger; stock hits 52-week high
Shares of Quess Corp zoom over 15 per cent and clock a 52-week high on BSE at Rs 580 apiece. The stock rallied for the fifth session in a row.
What's driving the stock?
On Friday, after market hours, the company informed investors that its board had approved the demerger of three companies-- Quess Corp Ltd, Digitide Solutions Ltd, and Bluspring Enterprises Ltd. Read more
Share Market Today LIVE | Buy Dr Lal Pathlabs, SBI Card futures, says Osho Krishan
Osho Krishan of Angel One shares two trading calls:
- Buy Dr Lal Pathlabs futures for targets of Rs 2,570 and Rs 2,600 with a stop loss at Rs 2,465
- Buy SBI Card futures for targets of Rs 770 and Rs 780 with a stop loss at Rs 715
Share Market Today LIVE | Bajaj Auto sets record date for Rs 4,000-crore buyback plan; should you invest for 20% gain?
Bajaj Auto has announced February 29 as the record date for a proposed buyback plan amounting to Rs 4,000 crore, at Rs 10,000 per share. The upcoming buyback will be executed via the tender route.
This will be Bajaj Auto's second share buyback in two years. With more than a week before the much-anticipated stock buyback hits the Street, can investors use this opportunity to gain from the corporate action?
At Friday's closing price, the buyback price implies a premium of 20.1 per cent in Bajaj Auto shares. According to domestic brokerages KR Choksey, the buyback announced by Bajaj Auto is in line with its latest dividend distribution policy (introduced in 2023).
Bajaj Auto's floated its last buyback in 2022. The share buyback, worth Rs 2,500 crore, was priced at Rs 4,600 per share. Read more
Share Market Today LIVE | Bajaj Auto sets record date for Rs 4,000-crore buyback plan; should you invest for 20% gain?
Bajaj Auto has announced February 29 as the record date for a proposed buyback plan amounting to Rs 4,000 crore, at Rs 10,000 per share. The upcoming buyback will be executed via the tender route.
This will be Bajaj Auto's second share buyback in two years. With more than a week before the much-anticipated stock buyback hits the Street, can investors use this opportunity to gain from the corporate action?
At Friday's closing price, the buyback price implies a premium of 20.1 per cent in Bajaj Auto shares. According to domestic brokerages KR Choksey, the buyback announced by Bajaj Auto is in line with its latest dividend distribution policy (introduced in 2023).
Bajaj Auto's floated its last buyback in 2022. The share buyback, worth Rs 2,500 crore, was priced at Rs 4,600 per share. Read more
Dividend Stocks | Coal India, LIC, HAL, SAIL, Hero MotoCorp to trade ex-date this week
A bunch of stocks, including Coal India, Hindustan Aeronautics Ltd (HAL), Steel Authority of India (SAIL), Power Finance Corporation (PFC), Life Insurance Corporation (LIC) and Hero MotoCorp, will are scheduled to go ex-dividend during the trading week from February 19 to February 23.
Dividend stocks | Check out the complete list of stocks slated to trade ex-dividend during the course of the week:
Ex-dividend date: Tuesday, February 20
Centum Electronics dividend
Centum Electronics has announced an interim dividend of Rs 3 per equity share with a face value of Rs 10.
HAL dividend 2024 record date
Hindustan Aeronautics has announced an interim dividend of Rs 22 per equity share with a face value of Rs 5.
MSTC dividend record date
MSTC has announced an interim dividend of Rs 5 per equity share with a face value of Rs 10. Read more
NIFTY AT ALL-TIME HIGH | Nifty scales fresh peak of 22,167.25
Share Market Today LIVE: Buy Nifty 22,150, Nifty Bank 46,700 call options, says Tina Gadodia
Tina Gadodia of Quantsapp Advisory shares two index derivatives calls with Zee Business viewers:
- Buy the 22,150 call option of Nifty50 at Rs 150 for a target of Rs 300 with a stop loss at Rs 100
- Buy the 46,700 call option of Nifty Bank in the range of Rs 350-360 for a target of Rs 700 with a stop loss at Rs 250
Share Market Today LIVE: Nifty Consumer Durables, Nifty Pharma, Nifty FMCG top gainers among NSE's sectoral indices; Nifty Realty only laggard, down 0.6%
Index Current level Change (%) NIFTY CONSUMER DURABLES 32,040.50 1.92 NIFTY PHARMA 19039.9 0.9 NIFTY FMCG 53,925.70 0.76 NIFTY OIL & GAS 11,941.60 0.74 NIFTY MEDIA 2,180.70 0.73 NIFTY HEALTHCARE INDEX 12,116.75 0.65 NIFTY FINANCIAL SERVICES 20,588.30 0.56 NIFTY METAL 8,021.25 0.56 NIFTY AUTO 20,531.20 0.53 NIFTY BANK 46,610.65 0.49 NIFTY PRIVATE BANK 23,341.90 0.43 NIFTY IT 38,549.50 0.19 NIFTY PSU BANK 7,143.05 0.11 NIFTY REALTY 877.3 -0.61 Stocks to Buy | L&T, Tata Communications among analysts' top picks this week
In conversation with Zee Business Managing Editor Anil Singhvi, market experts Rakesh Bansal, Kunal Saraogi, Dharmesh Kant, Mehul Kothari and Sumeet Bagadia share their top stock recommendations for the week in this special segment, Pick of the Week. On the top analysts' 'buy' list are stocks such as Larsen & Toubro (L&T), Tata Communications and L&T Finance Holdings. Read more
NIFTY AT ALL-TIME HIGH | Nifty scales fresh peak of 22,150.35
Share Market Today LIVE | Tata Power gains 2% after firm gets LOI for Rs 838 crore REC power transmission project
Tata Power shares rise in the first trading session after the Tata group electric utility and electricity generation company said that it had received a letter of intent from REC Power Development and Consultancy to develop the Jalpura Khurja Power Transmission project.
Tata Power shares rises as much as two per cent to Rs 383.85 apiece on NSE. Read more
Share Market Today LIVE | Should you buy Infosys, Dr Reddy's Labs, Paytm, Exide, other stocks today? Here is what brokerages recommend
Brokerages have a bunch of stocks on their radar. Here's what Nomura, Morgan Stanley, Macquarie, Citi, UBS and BoFA Securities make of stocks such as Infosys, Dr Reddy's Laboratories, One 97 Communications (Paytm) and Exide Industries:
Dr Reddy's Labs share price target:
Nomura has maintained a 'neutral' rating on the Dr Reddy's Laboratories stock with a target of Rs 5,802.
Paytm share price target:
Morgan Stanley has maintained an 'equal-weight' rating on the One 97 Communications (Paytm) stock with a target of Rs 555.
Citi has maintained a 'sell' call on Paytm shares with a target of Rs 550.
Aurobindo Pharma share price target:
Macquarie has maintained an 'outperform' rating on the Auribindo Pharma stock with a target of Rs 1,300
Exide share price target:
Morgan Stanley has an 'overweight' rating on the Exide Industries stock with a target of Rs 373.
PB Fintech share price target:
Citi has maintained a 'buy' call on the PB Fintech stock with a target of Rs 1,150. Read more
Share Market Today LIVE | Paytm shares surge; here is what is driving gains
The payment services firm Paytm which is languishing since the RBI has imposed restrictions on the entity's payments bank gets a sigh of relief in trade on Monday as the RBI extends the deadline for restrictions on Paytm Payments Bank to March 15 as against the earlier February 29.
The apex lender has given the entity time till mid-March to stop deposits, credit transactions and top-ups in customer accounts. Shares of the company are trading with a positive bias at Rs 358.55, hitting a 5 per cent upper circuit on BSE. Read more
Share Market Today LIVE | IRCTC shares get a Rail Neer boost; what is driving the stock higher?
Indian Railway Catering and Tourism Corporation (IRCTC) shares gain after the state-run rail ticketing and catering services provider began commercial production at a public–private-partnership -modelled plant for a Rail Neer packaged drinking water plant in Vishakhapatnam, Andhra Pradesh. IRCTC shares gain as much as 1.7 per cent to Rs 956.8 apiece on NSE.
The production capacity of this state-of-the-art plant is 72,000 litres per day, where water is processed, purified, and bottled, according to a regulatory filing, dated February 16. Read more
Traders' Diary | Buy, sell or hold strategy on Crisil, Tata Power, Apollo Tyres, Lupin, LIC, over a dozen other stocks today
In this edition of Traders' Diary, the Zee Business research team shares exclusive research on 20 stocks that investors and traders can track on Monday, February 19. Check out the complete list of stocks on analysts Kushal Gupta and Varun Dubey's radar.
Here's the complete list of investment and trading ideas for the day:
Kushal Gupta
- Buy Crisil shares in the cash segment for a target price of Rs 4,750 with a stop loss at Rs 4,590
- Buy Tata Power futures for a target of Rs 390 with a stop loss at Rs 371
- Buy the Rs 1,690 call option of Lupin at Rs 34 for a target of Rs 60 with a stop loss at Rs 20
- Technical pick: Buy Metropolis Healthcare shares for a target price of Rs 1,830 with a stop loss at Rs 1,750
- Fundamental pick: Buy Affle India shares for a target of Rs 1,500 with a perspective of 12 months
- Investment idea: Buy NTPC shares for a one-year target of Rs 400
- News-based pick: Buy KPIT Technologies Ltd shares for a target of Rs 1,720 with a stop loss at Rs 1,650. Read more
Anil Singhvi Market Strategy | Important levels to track in Nifty50, Nifty Bank today
Zee Business Managing Editor Anil Singhvi sees support for the headline Nifty50 index emerging at 21,900-21,975 levels and a strong buy zone at 21,825-21,875 levels on Monday, February 19. For the Nifty Bank, he expects support to come in at 46,050-46,200 levels and a strong support zone at 45,825-45,975 levels.
Read more on how Anil Singhvi views the Indian share market today and what he recommends
Share Market Today LIVE | Nifty near 22,100, Sensex rises over 100 pts
Nifty 50
Source: NSESensex
Source: BSE
Should you buy or sell | What commodity market expert make of Gold
MCX Gold: He suggests buying at Rs 61,800 for targets of Rs 62,000 and Rs 62,200 with a stop-loss at Rs 61,500.
Should you buy or sell | What commodity market expert make of Silver
MCX silver: Amit Khare of GCL Broking recommends buying the white metal at Rs 71,500 aiming for targets of Rs 73,000 and Rs 73,500 with a stop loss at Rs 71,000.
Should you buy or sell | What commodity market expert make of Crude Oil
Crude Oil: Amit Khare of GCL Broking suggests buying crude oil at Rs 64,000 and Rs 63,000 for targets of Rs 66,000 and Rs 68,000 with a stop loss at Rs 62,000.
Share Market Today LIVE | Domestic benchmark set to open higher
Domestic equity benchmarks are set to open higher on Monday, following a four-session rise, while Asian peers remained subdued after fresh US data dampened expectations of an early rate cut.
Stocks to Watch | Tata Power, LIC, Bajaj Auto, IRCTC
Here are some stocks that will be in the spotlight on Monday, February 19:
Results on February 19: CIE Automotive India will announce its December quarter numbers.
IRCTC: A PPP-modelled plant for Rail Neer, Indian Railway's mineral water produced by IRCTC, at Vishakhapatnam (Andhra Pradesh) has commenced commercial production. The production capacity of this state-of-the-art plant is 72,000 litres per day, where water is processed, purified, and bottled.
Bajaj Auto: The company fixed February 29, 2024, as a record date for a share buyback worth Rs 4000 crore.
ITI Ltd: The company signed a Memorandum of Understanding (MoU) with JandK Operations Private Limited for manufacturing and providing BharOS-enabled digital devices and services.
Bodhi Tree Multimedia: The company fixed February 29, 2024, as the record date for the distribution of an interim dividend. The board also reconsidered the stock split ratio and recommended the sub-division of a face value of Rs. 10 each to a face value of Re. 1 each. 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 46.2 points or 0.21 per cent at 22,144 ahead of the opening bell on Dalal Street.
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