Share Market HIGHLIGHTS: Sensex ends volatile session down 48 pts, Nifty slips below 19,800; Wipro down 2%, Cipla up 2%
Share Market Today LIVE: Domestic equity benchmarks Nifty 50 and Sensex on Friday, November 24, opened in positive territory amid broad-based buying. Globally, expectations that the interest rate in the US and Europe has peaked and foreign buying re-emerging in domestic equities have also aided sentiments.
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 Today LIVE: Domestic equity benchmarks Nifty 50 and Sensex on Friday, November 24, opened in positive territory amid broad-based buying. Globally, expectations that the interest rate in the US and Europe has peaked and foreign buying re-emerging in domestic equities have also aided sentiments.
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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Closing Bell | Sensex ends volatile session down 48 pts, Nifty slips to 19,795; Wipro down 2%, Cipla up 2%
Both headline indices finish the day with minor losses as gains in financial stocks were outweighed by losses in IT and FMCG counters. The Sensex loses 47.8 points, or 0.1 per cent, at 65,970 and the Nifty50 settles at 19,794.7, down 7.3 points from its previous close.
Nifty50
Sensex
Images: NSEIndia.com, BSEIndia.com
Share Market Today LIVE | DLF, HAL, NTPC hit 52-week highs
As many as 31 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) |
ALKEM | 4,565.00 | 4,591.00 | 4,574.00 (23 Nov 2023) | 4,591.00 (24 Nov 2023) |
BAJAJ-AUTO | 5,911.90 | 5,948.70 | 5,945.80 (23 Nov 2023) | 5,948.70 (24 Nov 2023) |
BHEL | 152.8 | 154.5 | 148.95 (11 Sep 2023) | 2,925.00 (07 Nov 2007) |
BLUESTARCO | 996.65 | 1,004.00 | 999.00 (20 Nov 2023) | 1,554.40 (14 Jun 2023) |
BOSCHLTD | 21,170.30 | 21,320.00 | 21,249.95 (23 Nov 2023) | 27,989.25 (20 Mar 2015) |
COLPAL | 2,192.35 | 2,203.50 | 2,192.55 (23 Nov 2023) | 2,203.50 (24 Nov 2023) |
CSBBANK | 373.45 | 386.95 | 378.45 (23 Nov 2023) | 386.95 (24 Nov 2023) |
DLF | 631.05 | 641.05 | 640.95 (21 Nov 2023) | 1,225.00 (15 Jan 2008) |
EXIDEIND | 283.1 | 287.85 | 287.55 (22 Nov 2023) | 388.45 (07 Sep 2006) |
GICRE | 298.65 | 301.9 | 272.00 (22 Nov 2023) | 895.00 (25 Oct 2017) |
GRANULES | 384.7 | 388.7 | 375.95 (17 Nov 2023) | 1,017.10 (17 Mar 2015) |
HAL | 2,236.35 | 2,239.00 | 2,166.00 (20 Nov 2023) | 4,180.00 (11 Sep 2023) |
HEROMOTOCO | 3,544.70 | 3,580.00 | 3,575.00 (23 Nov 2023) | 4,200.00 (23 Aug 2017) |
IRB | 39.08 | 39.4 | 38.90 (20 Nov 2023) | 346.95 (25 Oct 2021) |
JKCEMENT | 3,532.55 | 3,559.15 | 3,553.15 (20 Nov 2023) | 3,836.65 (08 Nov 2021) |
LODHA | 873.55 | 891.4 | 890.00 (20 Nov 2023) | 1,538.65 (01 Dec 2021) |
LUPIN | 1,239.00 | 1,241.20 | 1,239.90 (22 Nov 2023) | 2,127.00 (06 Oct 2015) |
METROPOLIS | 1,656.05 | 1,668.20 | 1,661.35 (21 Nov 2023) | 3,579.00 (30 Dec 2021) |
NIACL | 205.3 | 207.75 | 177.70 (22 Nov 2023) | 764.25 (30 May 2018) |
NTPC | 255.3 | 256.7 | 255.70 (23 Nov 2023) | 291.00 (15 Jan 2008) |
OBEROIRLTY | 1,398.30 | 1,419.95 | 1,415.00 (21 Nov 2023) | 1,419.95 (24 Nov 2023) |
PHOENIXLTD | 2,372.25 | 2,435.00 | 2,366.40 (15 Nov 2023) | 37,536.25 (21 Sep 2005) |
PRAJIND | 617 | 627.5 | 622.00 (23 Nov 2023) | 1,103.80 (16 Aug 2005) |
RATNAMANI | 3,559.00 | 3,617.30 | 3,580.00 (23 Nov 2023) | 3,617.30 (24 Nov 2023) |
SANOFI | 7,995.45 | 8,089.25 | 8,070.00 (23 Nov 2023) | 9,300.00 (10 Aug 2021) |
SJVN | 84.5 | 84.8 | 83.69 (20 Sep 2023) | 84.80 (24 Nov 2023) |
SPARC | 274.8 | 277.55 | 267.00 (13 Nov 2023) | 598.00 (10 Mar 2015) |
SUVENPHAR | 622.3 | 627.15 | 623.45 (22 Nov 2023) | 825.00 (18 Sep 2020) |
TRENT | 2,649.85 | 2,687.95 | 2,664.00 (23 Nov 2023) | 2,687.95 (24 Nov 2023) |
TVSMOTOR | 1,798.70 | 1,818.35 | 1,784.00 (23 Nov 2023) | 1,818.35 (24 Nov 2023) |
UNOMINDA | 687 | 694.4 | 688.60 (23 Nov 2023) | 1,648.00 (08 Sep 2016) |
Share Market Today LIVE | Lupin shares near 52-week high after drug maker receives two approvals from US regulator
Lupin shares rise after the US Food and Drug Administration (FDA) approved two products of the Mumbai-based pharmaceutical company. The Lupin stock strengthens by as much as Rs 42.2, or 3.5 per cent, to touch Rs 1,238.5 apiece on the upside on BSE, coming within inches of a 52-week high scaled this week.
The pharma stock helds on to much of its intraday gains with decent volumes, and is one of the main contributors to strength in the Nifty Pharma index. Read more
Share Market Today LIVE | Axis Bank shares trade with minor gains as global brokerages divided on the lender's outlook
Shares of Axis Bank trade 0.8 per cent higher at Rs 1,007.05 on NSE after the lender's Analysts Meet on November 23. The lender, in its Analysts Meet, said the investments in long-term distinctiveness have started yielding visible results. Further, it added that the inherent strength is giving the bank the right to win in RuSu markets or rural and semi-urban markets through the Bharat Banking platform.
Global Brokerages' views on Axis Bank
CLSA is bullish on the counter and has maintained its buy call on the stock with a target price of Rs 1,200. The brokerage stated that the lender's GPS (growth, profitability, and sustainability) strategy is on track. Bharat banking is a key growth lever; deposits are a focus area too, it said. The brokerage is bullish on the lender's digital offerings, including continued investments in technology and analytics. Read more
Share Market Today LIVE | Paytm shares slip after 1.57 crore shares change hands
Shares of One 97 Communications, the parent company of Paytm, trade nearly 3 per cent lower at Rs 897.3 apiece on the NSE. The stock witnesses the selling after a block deal of 1.57 crore shares, which translates to 2.5 per cent equity, changed hands via multiple block deals during market opening. Read more
Share Market Today LIVE | Zomato zooms 94% YTD, Morgan Stanley sees another 24% upside
Shares of Zomato, the food-delivery services platform, gain as much as 2.7 per cent to touch the day's high of Rs 116 apiece on NSE after Morgan Stanley maintained an 'Overweight' stance with a target price of Rs 140 on the counter.
Further, an AlphaWise survey conducted by global brokerage Morgan Stanley on the start-up with regard to its quick delivery highlights that its TAM, or total addressable market, has been cutting across multiple categories. It also mentioned that the company showcases strong growth potential with room to take further shares from alternate channels. Read more
Image: Unsplash
Share Market Today LIVE | TCS shares trade ex-date today
Shares of Tata Consultancy Services (TCS)—the country’s largest IT services company—trade 0.38 per cent lower at Rs 3,495 on the NSE as the counter traded ex-date for the buyback programme via the tender offer route. Read more
Share Market Today LIVE | Here's what market wizard Anil Singhvi says on Cipla shares
Zee Business Managing Editor Anil Singhvi suggests investing in Cipla futures in the range of Rs 1,120-1,145. If recovery comes, upper level for today will be Rs 1210, Rs 1215, he added.
Share Market Today LIVE | Cipla shares show recovery, up nearly 3%
Shares of Cipla on Friday, November 24 gain as much as nearly 3 per cent after Mumbai-based drug maker informed the exchanges that it perceives no material risk to its existing commercial product portfolio in response to the USFDA warning letter for its Pithampur unit. The counter trades 1.42 per cent higher at Rs 1,187.3 on NSE.
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 19,750-19,785 levels and a strong buy zone at 19,650-19,725 levels on Friday, November 24. For the Nifty Bank, he expects support to come in at 43,450-43,525 levels and a strong buy zone at 43,225-43,325 levels.
Read more on how Anil Singhvi views the Indian share market today and what he recommends