Share Market HIGHLIGHTS: Sensex ends 335 pts higher, Nifty 3 pts shy of 22,150 led by IT, oil & gas stocks; Hindalco, Hero MotoCorp, ONGC jump over 3%
Share Market HIGHLIGHTS: Equity benchmark indices Nifty 50 and Sensex recovered some of the previous day's losses on Thursday amid buying interest in IT, energy and metal shares though selling pressure in financial stocks limited the upside.
Catch all the highlights of the March 14 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: Equity benchmark indices Nifty 50 and Sensex recovered some of the previous day's losses on Thursday amid buying interest in IT, energy and metal shares though selling pressure in financial stocks limited the upside.
Catch all the highlights of the March 14 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: Axis Bank, IndusInd, Bajaj Finance worst hit among 13 Nifty laggards
Top Nifty gainers
| Index | Mar 14 close | Change (%) |
| ADANIENT | 3,085.00 | 6.15 |
| ADANIPORTS | 1,268.00 | 4.83 |
| HINDALCO | 526 | 3.75 |
| HEROMOTOCO | 4,678.00 | 3.68 |
| ONGC | 263.95 | 3.37 |
| HCLTECH | 1,677.00 | 2.79 |
| COALINDIA | 427.75 | 2.57 |
| WIPRO | 516.7 | 2.44 |
| BHARTIARTL | 1,197.00 | 2.42 |
| INFY | 1,649.95 | 2.39 |
Top Nifty losers
| Index | Mar 14 close | Change (%) |
| DRREDDY | 6,285.10 | -0.3 |
| TATAMOTORS | 968.4 | -0.49 |
| BAJAJFINSV | 1,563.75 | -0.6 |
| TATASTEEL | 142.7 | -0.66 |
| ITC | 419 | -0.82 |
| SBIN | 749.9 | -0.84 |
| JSWSTEEL | 792 | -1 |
| BAJFINANCE | 6,456.15 | -1.18 |
| INDUSINDBK | 1,471.55 | -1.41 |
| AXISBANK | 1,075.00 | -1.79 |
Share Market Today: Nifty Oil & Gas, Nifty IT, Nifty Metal top gainers among NSE's sectoral indices; Nifty Bank, Nifty Private Bank, Nifty Financial Services slip
| Index | Mar 14 close |
|
|
| NIFTY OIL & GAS | 11,281.85 | 2.33 | |
| NIFTY METAL | 7,799.95 | 1.99 | |
| NIFTY IT | 37,679.60 | 1.98 | |
| NIFTY MEDIA | 1,823.30 | 1.95 | |
| NIFTY PHARMA | 18,897.10 | 1.4 | |
| NIFTY CONSUMER DURABLES | 31,642.65 | 1.19 | |
| NIFTY HEALTHCARE INDEX | 11,818.20 | 1.04 | |
| NIFTY FMCG | 54,145.80 | 0.9 | |
| NIFTY AUTO | 20,514.25 | 0.87 | |
| NIFTY PSU BANK | 6,784.65 | 0.7 | |
| NIFTY REALTY | 831.55 | 0.61 | |
| NIFTY FINANCIAL SERVICES | 20,725.90 | -0.16 | |
| NIFTY BANK | 46,789.95 | -0.41 | |
| NIFTY PRIVATE BANK | 23,332.50 | -0.46 |
Share Market Today: Sensex ends 335 pts higher, Nifty reclaims 22,150 led by IT, oil & gas stocks; Hindalco, Hero MotoCorp, ONGC top blue-chip gainers, up over 3%
Share Market Today LIVE: Biocon at day's high as subsidiary enters long-term agreement with Eris Lifesciences
Biocon shares build on to their intraday gains to rise by as much as Rs 13.9, or 5.5 per cent, to Rs 267 apiece on BSE, after the company says its subsidiary, Biocon Biologics, has entered a long-term commercial collaboration deal with Eris Lifesciences to expand patient access to its portfolio of metabolics, oncology, and critical care products in the country.
Share Market Today LIVE: Kunal Saraogi, Rakesh Bansal positive on Tech Mahindra
Kunal Saraogi of Equity Rush and Rakesh Bansal of Rakesh Bansal Ventures like Tech Mahindra shares.
The duo recommends buying Tech Mahindra futures for targets of Rs 1,320 and Rs 1,345 with a stop loss at Rs 1,280.
Share Market Today LIVE: Buy ICICI Bank shares, says Arpit Beriwal
Arpit Beriwal of Motilal Oswal Financial Services suggests buying ICICI Bank shares for targets of Rs 1,111 and Rs 1,150 with a stop loss at Rs 1,055.
Share Market Today LIVE: Buy Nifty 22,200 put option, says Mehul Kothari
Mehul Kothari of Anand Rathi Shares & Stock Brokers suggests buying the 22,000 put option of the Nifty50 at Rs 40-odd levels for targets of Rs 65 and Rs 80 with a stop loss at Rs 20.
Share Market Today LIVE: Buy Hindalco, Ambuja Cements futures, says Nirav Harish Chheda
Nirav Harish Chheda of Nirmal Bang Securities shares two derivatives recommendations with Zee Business viewers:
- Buy Hindalco futures for targets of Rs 555 and Rs 560 with a stop loss at Rs 510
- Buy Ambuja Cements futures for a target of Rs 625 with a stop loss at Rs 555
Share Market Today LIVE: TCS, Infosys aid intraday recovery on Dalal Street
While IT stocks, led by TCS and Infosys, are powering the bounceback in the market, among other top contributors to the gain in Nifty50 are Larsen & Toubro, Bharti Airtel and ICICI Bank.
Images: Niftyindices.com
Share Market Today LIVE: Headline indices near day's highs; Sensex up over 400 pts at 73,193, Nifty50 above 22,150
The Sensex is up 431.3 points or 0.6 per cent at 73,193.2 while the Nifty50 is at 22,155.7, up 158 points or 0.7 per cent from its previous close.
What brokerages recommend on L&T, Coal India, IPCA Labs, OMC, other stocks today
Brokerage stock recommendations: As Dalal Street enters the March 14 session, brokerages have several stocks on their radar. Here's what HSBC, JPMorgan, Jefferies and CLSA make of stocks such as L&T, Coal India and IPCA Laboratories.
Brokerages on OMCs: BPCL, HPCL, IOCL
Two brokerages, HSBC and CLSA have maintained 'buy' ratings on oil marketing companies (OMCs) Indian Oil, HPCL and BPCL, and natural gas major ONGC.
Fitch raises India FY25 GDP forecast to 7% from 6.5%
Global ratings agency Fitch on Thursday raised its forecast for gross domestic product (GDP) growth in India to 7.0 per cent in the financial year 2024-25 from 6.5 per cent, citing improving domestic demand as well as increasing investments.
The ratings agency also said it expects the Reserve Bank of India (RBI) to reduce the repo rate—or the key interest rate at which it lends money to commercial banks—by 50 basis points (half a percentage point) between July and December.
This month, another ratings agency Moody's pegged the economic growth at 6.4 per cent in 2025 while revising its forecast for the current year to 6.8 per cent from 6.1 per cent.
ITC block deal update | ICICI Prudential MF, BofA Securities Europe among 60 buyers as BAT trims stake; cigarette stock rises
Hotel-to-cigarette conglomerate ITC’s shares rise, continuing to gain for a second straight session, after more than 60 funds including ICICI Prudential Mutual Fund, SBI Mutual Fund and DSP Mutual Fund, picked stakes in the company as its biggest shareholder, British American Tobacco (BAT), trimmed its shareholding by 3.5 per cent. ITC shares strengthen by as much as Rs 3.2, or 0.7 per cent, to Rs 425.6 apiece on BSE. Read more
Share Market Today LIVE | FTSE rebalancing to become effective from March 18; HDFC Bank to likely rake in the highest fund inflow
FTSE or Financial Times Stock Exchange indices rejig will be effective from March 18, while the adjustment will be made on March 15. And this rejig is slated to bring in massive inflows to the tune of Rs 14,000 crore into Indian equities, with the highest inflow anticipated in the BFSI segment.
As per the research desk, the rebalancing is likely to result into an individual stock as listed below:
Inflows
|
Stock
|
RS in Crs |
| HDFC Bank | 4200 |
| ICICI Bank | 3150 |
| Kotak Bank | 1200 |
| Sundaram Finance | 950 |
| Zomato | 510 |
| SJCN | 310 |
The slated rejig, which will probably lead to the highest inflows into the country’s leading private banking lender, HDFC Bank, led to some gains in the counter for the last few days. But the broader market weakness spilled on to the heavyweights, and the stock is trading with a drag. Read more