Share Market HIGHLIGHTS: Sensex ends volatile session 359 pts higher, Nifty50 back above 21,250
Share Market HIGHLIGHTS: Domestic equity benchmarks Nifty and Sensex gyrated in a wide range around the flatline before finishing half a per cent higher in a recovery aided by financial and energy shares. Globally, a rally on the back of growing bets of earlier-than-anticipated cuts in benchmark interest rates appeared to be losing steam.
Catch all the highlights of the December 21 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 Nifty and Sensex gyrated in a wide range around the flatline before finishing half a per cent higher in a recovery aided by financial and energy shares. Globally, a rally on the back of growing bets of earlier-than-anticipated cuts in benchmark interest rates appeared to be losing steam.
Catch all the highlights of the December 21 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 | Sensex ends volatile session 359 pts higher, Nifty50 back above 21,250
Both headline indices finish the day 0.5 per cent higher gyrating in a wide range around the flatline. The Sensex ends 358.8 points higher at 70,865.1 and the Nifty50 settles at 21,255.1, up 104.9 points from its previous close, aided by a rebound in financial and energy shares.
Nifty50
Sensex
Images: NSEIndia.com, BSEIndia.com
Share Market Today LIVE | Sensex soars nearly 400 pts, Nifty above 21,250; all market indices in green
Share Market Today LIVE | Auro Pharma, Torrent Pharma, other stocks hit 52-week highs
As many as eight 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) |
| AUROPHARMA | 1,090.35 | 1,094.25 | 1,081.45 (20 Dec 2023) | 1,650.00 (07 Jan 2000) |
| CYIENT | 2,281.60 | 2,297.95 | 2,270.00 (19 Dec 2023) | 2,297.95 (21 Dec 2023) |
| FORTIS | 403.85 | 405 | 401.85 (20 Dec 2023) | 405.00 (21 Dec 2023) |
| GESHIP | 1,003.95 | 1,023.85 | 1,005.00 (20 Dec 2023) | 1,023.85 (21 Dec 2023) |
| HINDCOPPER | 218.4 | 220.3 | 212.70 (20 Dec 2023) | 656.95 (20 Jan 2010) |
| METROPOLIS | 1,703.10 | 1,727.15 | 1,719.95 (04 Dec 2023) | 3,579.00 (30 Dec 2021) |
| SHYAMMETL | 568.3 | 570.3 | 546.50 (20 Dec 2023) | 570.30 (21 Dec 2023) |
| TORNTPHARM | 2,198.55 | 2,204.95 | 2,199.00 (20 Dec 2023) | 3,304.45 (31 Dec 2021) |
Share Market Today LIVE | Nifty Bank trades over 100 pts lower
Source: NSE
Share Market Today LIVE | Buy BPCL, HDFC Bank futures, says Nirav Harish Chheda
Nirav Harish Chheda of Nirmal Bang Securities shares two trading ideas with Zee Business viewers:
- Buy BPCL futures for a target of Rs 465 with a stop loss at Rs 425
- Buy HDFC Bank futures for targets of Rs 1,720 and Rs 1,730 with a stop loss at Rs 1,650
Share Market Today LIVE | Should you apply for Innova Captab IPO? Here is what Anil Singhvi suggests
Zee Business Managing Editor Anil Singhvi suggests investors apply for the Innova Captab IPO for a small listing gain and for the long term.
Positive
- Experienced promoters
- Strong growth record of CDMO business
- New unit in Jammu to fuel growth
- Reasonable valuations
Negative
- Huge competition
- Lower margins than peers. Read more
Innova Captab IPO hits D-Street | Check out subscription status, allotment date, other details
On Thursday, Innova Captab IPO's share sale received bids for 27,28,935 shares against 90,78,010 shares on offer. Overall, the public issue has been subscribed 30 per cent so far on Day 1 of the bidding process. Read more
| Category | Subscription (No. of times the equity reserved) |
| Qualified institutional buyers | Nil |
| Non-institutional investors | 0.18 |
| Retail investors | 0.52 |
| Overall | 0.3 |
| Source: Exchange data |
|
Share Market Today LIVE | DLF rises after it reportedly sold properties worth Rs 1,400 crore in Gurugram and Panchkula
DLF shares trade in green after the real estate firm announced that it had sold sold 75 shop-cum-office (SCO) plots in Gurugram for more than Rs 700 crore. The DLF stock is up by 0.29 per cent, or Rs 1.95 per cent, or Rs 677.35 on BSE. As per a PTI report, DLF will earn Rs 1,400 crore from the Gurugram project as well as a township in Panchkula. Read more
Share Market Today LIVE | Cochin Shipyard shares jump over 3% as company wins Defence Ministry contract - Buy, Sell or Hold?
Shares of Cochin Shipyard trade 3.33 per cent higher at Rs 1,264.75 on BSE after the PSU defence firm informed exchanges that it had inked a contract with the Ministry of Defence (MoD). The contract, worth Rs 488.25 crores, was signed on December 19, 2023.
Cochin Shipyard share price target - Buy, Sell or Hold?
According to Sumeet Bagadia of Choice Broking, people should buy shares of Cochin Shipyard if there's any dip with an immediate target of Rs 1,300. Bagadia said shares may rally once they cross the barrier of Rs 1,300. Read more
Stocks to Buy | DLF, Mazagon Dock Shipbuilders among analysts' top picks
In conversation with Zee Business Managing Editor Anil Singhvi, market experts Sumeet Bagadia, Kunal Saraogi, Vikas Sethi and Rakesh Bansal share their top stock recommendations in this special segment, Pick of the Day. On the analysts' 'buy' list are stocks such as DLF and Mazagon Dock. Read more
INOX India IPO Listing | Shares list at 43% premium over IPO price - Buy, Sell or Hold?
INOX India shares debut at Rs 949.65 on the NSE, a premium of 43.89 per cent to the issue price of Rs 660 while the shares list at Rs 933.15 on BSE, a premium of 41 per cent. Read more
Share Market Today LIVE | Nifty, Sensex recover from day's lows
Nifty 50
Source: NSE
Sensex
Source: BSE
Share Market Today LIVE | Nifty Metal edges higher
| SYMBOL | CMP | CHNG | %CHNG |
| NIFTY METAL | 7,432.80 | 11.25 | 0.15 |
| HINDCOPPER | 201 | 4.4 | 2.24 |
| NATIONALUM | 105.7 | 1.4 | 1.34 |
| NMDC | 185.85 | 2.45 | 1.34 |
| RATNAMANI | 3,411.85 | 36.25 | 1.07 |
| SAIL | 104.75 | 1.05 | 1.01 |
| VEDL | 253.35 | 1.9 | 0.76 |
| ADANIENT | 2,803.95 | 20.1 | 0.72 |
| JSL | 524.7 | 3.25 | 0.62 |
| JINDALSTEL | 699.8 | 2.25 | 0.32 |
| TATASTEEL | 130.05 | 0.3 | 0.23 |
| HINDALCO | 548.35 | 0.15 | 0.03 |
| HINDZINC | 305.9 | -1 | -0.33 |
| JSWSTEEL | 834.05 | -8.2 | -0.97 |
| APLAPOLLO | 1,562.30 | -18.4 | -1.16 |
| WELCORP | 507.55 | -7.5 | -1.46 |
Share Market Today LIVE | Shriram Pistons & Rings hits 5% upper circuit in early trade; here is why
NSE-listed Shriram Pistons & Rings shares hit an upper circuit of 5 per cent on Thursday, December 21. The stock draws investors a day after multiple block deals took place in the stock. The scrip has hit back-to-back upper circuits for the fourth straight session. Read more