Share Market HIGHLIGHTS: Sensex ends volatile session 122 pts stronger, Nifty50 crosses 21,450; CIL soars 6%
Share Market Today LIVE: Domestic equity benchmarks Nifty 50 and Sensex on Tuesday, December 19, opened on a muted note as the global rally fueled by hopes of US interest rate cuts showed signs of slowing down, with more Federal Reserve officials pushing back against expectations.
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 Tuesday, December 19, opened on a muted note as the global rally fueled by hopes of US interest rate cuts showed signs of slowing down, with more Federal Reserve officials pushing back against expectations.
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:
Latest Updates
Closing Bell | Sensex ends volatile session 122 pts stronger, Nifty50 crosses 21,450; CIL soars 6%
MARKET AT ALL-TIME HIGH | Nifty scales fresh peak of 21,500.95; Sensex hits all-time high of 71,612.23
Share Market Today LIVE | Nifty scales fresh peak of 21,496.95; Sensex soars over 250 pts
Share Market Today LIVE | Dr Lal Pathlabs, Thyrocare, other diagnostic test stocks rise after Centre issues guidelines on JN.1 COVID-19 variant
Stocks of diagnostic test providers, such as Dr Lal Pathlabs and Thyrocare, are in high demand on Dalal Street on Tuesday after the government issued guidelines in connection with 'JN.1', a new variant of COVID-19, amid an uptick in infections in some parts of the country. Dr Lal Pathlabs (LALPATHLAB), Thyrocare Technologies, Global Health (MEDANTA), Vijaya Diagnostic Centre and Krsnaa Diagnostics shares register gains to the tune of 2-5 per cent in the intra-day trade.
The Dr Lal Pathlabs stock trades with a gain of 0.25 per cent at Rs 2,528.7 apiece on BSE, while Thyrocare is up 3.62 per cent at Rs 637.7, Global Health is up 1.44 per cent at Rs 935.2, Vijaya up 2.17 per cent at Rs 628.55 and Krsnaa is up 3.57 per cent at Rs 747.75. Read more
Share Market Today LIVE | Nifty, Sensex trade near the day's highs
Share Market Today LIVE | India Glycols shares zoom after company bags Rs 1,164-crore ethanol supply deal
India Glycols (INDIAGLYCO) shares continue to rise for a fourth straight session on Tuesday after the company bagged an order worth Rs 1,164 crore to supply ethanol to oil marketing companies (OMCs). The stock of India Glycols—which manufacturers a host of products including chemicals, spirits, industrial gases and sugar—gain by as much as Rs 77.3, or 11 per cent, to Rs 780.7 apiece on BSE, coming within Rs 22 of a 52-week high scaled in September.
The deal involves the supply of 16.6 crore litres of ethanol worth during the supply year, which began on November 1, according to a regulatory filing post-market hours on Monday. Read more
Share Market Today LIVE | Devyani International forays into Thailand QSR market; CLSA maintains 'Outperform' rating on stock
Devyani International Limited (DIL), one of the leading quick service restaurant (QSR) chain operators in the country and the largest franchisee for Yum Brands (KFC & Pizza Hut) in India, announced on Monday, December 18, its foray into Thailand QSR market through a strategic partnership. The company said it will acquire 274 KFC restaurants in Thailand.
Reacting to the development, shares of the company are trading as much as 5.4 per cent to Rs 193.2 apiece on the BSE on Tuesday. Read more
Traders' Diary | Buy, sell or hold strategy on Biocon, Tata Consumer, Voltas, Samvardhana Motherson, Vijaya Diagnostics, over a dozen other stocks today
In this edition of Traders' Diary, Zee Business shares exclusive research on more than a dozen stocks that investors and traders can track on Tuesday, December 19. Here's a list of 20 stocks that are on analysts Ashish Chaturvedi and Varun Dubey's radar.
Here's the complete list of investment and trading ideas for the day:
Ashish Chaturvedi
- Buy India Glycols shares in the cash segment for a target of Rs 720 with a stop loss at Rs 695
- Buy Biocon futures for a target of Rs 264 with a stop loss at Rs 250
- Buy the Rs 570 call option of Hindalco for a target of Rs 15 with a stop loss at Rs 7
- Technical pick: Buy Hikal shares for a target of Rs 315 with a stop loss at Rs 290
- Fundamental pick: Buy Samvardhana Motherson shares for a nine-month target of Rs 115
- Investment idea: Buy Voltas shares for a target of Rs 1,000 with a perspective of 9-12 months. Read more
Share Market Today LIVE | Nestle India touches record high after company fixes record date for 1:10 stock split
Shares of the MNC company Nestle India mark their fresh record high of Rs 25,527.80, with gains of 4.81 per cent on BSE.
The packaged foods major notchs an all-time high after it fixed January 5, 2024 as the record date for its maiden 1:10 share split. The stock price of the Maggi maker is likely to get a boost post the stock split, as higher liquidity and a lower price point per share will increase the shareholder base. Read more
Share Market Today LIVE | Nifty, Sensex recover from the day's lows; oil & gas stocks rise
Share Market Today LIVE | Nifty Bank trades over 50 pts lower
Source: NSE
Share Market Today LIVE | Buy IFCI, sell LIC Housing Finance shares, says Sumeet Bagadia
Sumeet Bagadia of Choice Broking shares two stock recommendations with Zee Business viewers:
- Sell LIC Housing Finance futures for targets of Rs 521 and Rs 511 with a stop loss at Rs 541
- Buy IFCI shares for targets of Rs 32.5 and Rs 35 with a stop loss at Rs 28.5
Share Market Today LIVE | Dr Lal Pathlabs, Thyrocare, other diagnostic test stocks jump after Centre issues guidelines on JN.1 COVID variant
Stocks of diagnostic test providers—such as Dr Lal Pathlabs and Thyrocare—are in high demand, following the Centre's move to issue guidelines in connection with 'JN.1', a new variant of COVID-19, amid an uptick in infections in some parts of the country.
Dr Lal Pathlabs (LALPATHLAB), Thyrocare Technologies, Global Health (MEDANTA), Vijaya Diagnostic Centre and Krsnaa Diagnostics shares rise as much as five per cent.
The central government has asked states and Union Territories to maintain a constant vigil against amid increasing COVID-19 infections and the detection of the first case of the new variant in the country.
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 21,300-21,365 levels and a strong buy zone at 21,175-21,235 levels on Tuesday, December 19. For the Nifty Bank, he expects support at 47,525-47,725 levels and a strong buy zone in the 47,200-47,375 range.
Read more on how Anil Singhvi views the Indian share market today and what he recommends
Share Market Today LIVE | Apollo Tyres 3.6% equity changes hands, stock hits 52-week high
Shares of Apollo Tyres on Tuesday, December 19 rise as much as seven per cent to clock a fresh 52-week high of Rs 485 apiece on the NSE, surpassing an earlier peak of Rs 465 touched last week. The stock rallies after a block deal in the counter in the pre-opening session.
As per Zee Business report, White Iris Investment was expected to dilute a 3 per cent stake in the Tyre stock via an upsize option in a deal valued at around Rs 832 crore. The floor price for the deal, as per the report, was pegged at Rs 440 apiece, which is a discount of 2 per cent to the last closing price. Read more