Share Market HIGHLIGHTS: Sensex settles 490 pts higher, Nifty ends at 19,133 amid broad-based buying
Share Market HIGHLIGHTS: Domestic equity benchmarks Nifty 50 and Sensex on Thursday, November 2, edged higher amid strong global cues and broad-based sectoral participation. The US Federal Reserve's decision to keep the interest rate unchanged and the policy commentary, which hinted at an end to further rate hikes, boosted sentiment across markets.
At close, the S&P BSE Sensex closed higher by 0.77 per cent or 489.57 points, at 64,080.9, and the NSE Nifty settled higher by 0.76 per cent, or 144.1 points, at 19,133.25.
"Nifty ended the day on a positive note, with most sectors closed in green today. Notably, the Nifty Realty, Nifty PSU Bank, and Nifty Metal all outperformed today, closing positive. The Indian market largely gained as a consequence of the Federal Reserve keeping its benchmark lending rate between 5.25 per cent and 5.5 per cent, which helped the market close positively today despite the US economy indicating a rise in inflation and economic development. Right now, attention is on the October jobs data that is coming shortly. Financial circumstances have become extremely restrictive due to the recent increase in market-based interest rates, which may be partially compensating for the Fed's actions," said Vaibhav Vidwani, Research Analyst, Bonanza Portfolio Ltd.
Nifty Mid Cap 100 and Small Cap 100 ended over 1 per cent. High-beta Nifty Bank was also up 0.74 per cent at 43,017.2.
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 HIGHLIGHTS: Domestic equity benchmarks Nifty 50 and Sensex on Thursday, November 2, edged higher amid strong global cues and broad-based sectoral participation. The US Federal Reserve's decision to keep the interest rate unchanged and the policy commentary, which hinted at an end to further rate hikes, boosted sentiment across markets.
At close, the S&P BSE Sensex closed higher by 0.77 per cent or 489.57 points, at 64,080.9, and the NSE Nifty settled higher by 0.76 per cent, or 144.1 points, at 19,133.25.
"Nifty ended the day on a positive note, with most sectors closed in green today. Notably, the Nifty Realty, Nifty PSU Bank, and Nifty Metal all outperformed today, closing positive. The Indian market largely gained as a consequence of the Federal Reserve keeping its benchmark lending rate between 5.25 per cent and 5.5 per cent, which helped the market close positively today despite the US economy indicating a rise in inflation and economic development. Right now, attention is on the October jobs data that is coming shortly. Financial circumstances have become extremely restrictive due to the recent increase in market-based interest rates, which may be partially compensating for the Fed's actions," said Vaibhav Vidwani, Research Analyst, Bonanza Portfolio Ltd.
Nifty Mid Cap 100 and Small Cap 100 ended over 1 per cent. High-beta Nifty Bank was also up 0.74 per cent at 43,017.2.
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 HIGHLIGHTS | Sensex settles 490 pts higher, Nifty ends at 19,133 amid broad-based buying
Nifty 50
Nifty ends at 19,133, up 0.76 per cent.
Source: NSE
Sensex
Sensex settles 490 points higher at 64,081.
Source: BSE
Share Market HIGHLIGHTS | Britannia, Hindalco, IndusInd Bank rise the most in Nifty basket
Britannia, Hindalco, IndusInd Bank and Apollo Hospitals are among the top gainers in the Nifty basket, trading with gains of around 3-2 per cent. On the other hand, Hero MotoCorp, Bajaj Auto, HDFC Life and ONGC are among the top losers.
Source: NSE
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| ANGELONE | 2,646.15 | 2,688.95 | 2,677.00 (01 Nov 2023) | 2,688.95 (02 Nov 2023) |
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| LODHA | 840.3 | 850 | 829.00 (11 Oct 2023) | 1,538.65 (01 Dec 2021) |
| MCX | 2,410.95 | 2,447.40 | 2,417.50 (23 Oct 2023) | 2,447.40 (02 Nov 2023) |
| MEDANTA | 819 | 830.3 | 809.00 (01 Nov 2023) | 830.30 (02 Nov 2023) |
| OBEROIRLTY | 1,205.00 | 1,214.65 | 1,206.00 (11 Sep 2023) | 1,214.65 (02 Nov 2023) |
| PERSISTENT | 6,216.50 | 6,283.90 | 6,258.95 (01 Nov 2023) | 6,283.90 (02 Nov 2023) |
| PFC | 258.7 | 259.25 | 258.15 (16 Oct 2023) | 383.00 (14 Oct 2010) |
| RECLTD | 305.05 | 307.35 | 299.10 (16 Oct 2023) | 409.50 (11 Oct 2010) |
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Source: Official website
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Nifty 50
Source: NSE
Sensex
Source: BSE
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