Share Market HIGHLIGHTS: Nifty ends at 19,425, Sensex up 72 pts; ONGC up 2% ahead of results today
Share Market Today LIVE: Domestic equity benchmarks Nifty50 and Sensex finished a choppy session mildly higher on Friday, November 10, the last trading day of Samvat 2079, amid mixed moves across global markets.
Catch highlights of all the action on Dalal Street, 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 Nifty50 and Sensex finished a choppy session mildly higher on Friday, November 10, the last trading day of Samvat 2079, amid mixed moves across global markets.
Catch highlights of all the action on Dalal Street, 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 72 pts higher, Nifty at 19,425; NTPC, ONGC top blue-chip gainers, up 2%; Hero MotoCorp drops 2%
Share Market Today LIVE | Nifty, Sensex near the day's highs
Nifty
Source: NSE
Sensex
Source: BSE
Share Market Today LIVE | Coal India, DLF, HAL, other stocks hit 52-week highs
As many as 26 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) |
| AJANTPHARM | 1,886.70 | 1,910.00 | 1,903.85 (13 Sep 2023) | 3,450.00 (12 Mar 2015) |
| ASTRAZEN | 4,647.65 | 5,000.55 | 4,951.00 (09 Nov 2023) | 5,000.55 (10 Nov 2023) |
| AUROPHARMA | 982.6 | 984 | 958.00 (09 Nov 2023) | 1,650.00 (07 Jan 2000) |
| CAPPL | 1,191.20 | 1,229.00 | 1,138.85 (12 Oct 2023) | 1,639.00 (03 Sep 2015) |
| COALINDIA | 323 | 326.1 | 324.50 (09 Nov 2023) | 447.25 (05 Aug 2015) |
| CREDITACC | 1,698.05 | 1,724.95 | 1,714.95 (07 Nov 2023) | 1,724.95 (10 Nov 2023) |
| DLF | 605.65 | 607.75 | 605.60 (09 Nov 2023) | 1,225.00 (15 Jan 2008) |
| FORTIS | 358.3 | 359.9 | 352.00 (31 Jul 2023) | 359.90 (10 Nov 2023) |
| GODREJPROP | 1,818.75 | 1,861.55 | 1,837.25 (09 Nov 2023) | 2,598.00 (14 Oct 2021) |
| HAL | 2,057.05 | 2,110.50 | 2,090.00 (11 Sep 2023) | 4,180.00 (11 Sep 2023) |
| IDEA | 13.77 | 14.45 | 14.37 (03 Nov 2023) | 203.90 (17 Apr 2015) |
| KPITTECH | 1,374.95 | 1,375.00 | 1,344.00 (09 Nov 2023) | 1,375.00 (10 Nov 2023) |
| LALPATHLAB | 2,678.70 | 2,742.95 | 2,742.00 (09 Nov 2023) | 4,243.00 (15 Sep 2021) |
| MEDANTA | 905.6 | 913.6 | 868.40 (09 Nov 2023) | 913.60 (10 Nov 2023) |
| METROBRAND | 1,297.30 | 1,319.40 | 1,305.25 (07 Nov 2023) | 1,319.40 (10 Nov 2023) |
| NESCO | 754.5 | 772.8 | 746.30 (05 Sep 2023) | 2,936.00 (08 Sep 2017) |
| NMDC | 168.85 | 169.5 | 167.55 (17 Oct 2023) | 16,584.10 (06 Nov 2007) |
| PFC | 288.3 | 288.4 | 280.50 (09 Nov 2023) | 383.00 (14 Oct 2010) |
| POWERGRID | 210.95 | 212.9 | 210.50 (09 Nov 2023) | 266.85 (31 Jul 2023) |
| PRESTIGE | 876.35 | 889 | 877.50 (09 Nov 2023) | 889.00 (10 Nov 2023) |
| RECLTD | 326 | 326.3 | 321.70 (09 Nov 2023) | 409.50 (11 Oct 2010) |
| SOLARINDS | 6,092.20 | 6,249.95 | 6,229.50 (09 Nov 2023) | 6,249.95 (10 Nov 2023) |
| SONATSOFTW | 1,316.00 | 1,322.00 | 1,315.05 (09 Nov 2023) | 2,936.60 (16 Feb 2000) |
| SWANENERGY | 420.8 | 446.5 | 419.80 (09 Nov 2023) | 4,928.25 (12 Oct 2006) |
| TORNTPOWER | 777.6 | 788.35 | 788.00 (09 Nov 2023) | 788.35 (10 Nov 2023) |
| TRENT | 2,490.00 | 2,509.10 | 2,504.95 (08 Nov 2023) | 2,509.10 (10 Nov 2023) |
Share Market Today LIVE | Buy Federal Bank shares, says Sumeet Bagadia
Sumeet Bagadia of Choice Broking expects Federal Bank shares to rise to as high as Rs 155 by the next week and believes the lender's stock may be poised to stage even stronger moves from there on.
He suggests buying Federal Bank shares at the current juncture for short-term levels of Rs 153 and Rs 155 with a stop loss at Rs 146.
Share Market Today LIVE | Nifty IT down nearly 100 pts
Source: NSE
Share Market Today LIVE | Brokerages cut target on Piramal Enterprises post Q2; stock down 5%
Piramal Enterprises shares trade 4.15 per cent lower at Rs 945.45 on NSE. The selling pressure was witnessed after CLSA, Jefferies, and Citi cut their target price on the stock.
Brokerages' view
CLSA maintained a 'reduce' rating on the stock and cut the target to Rs 1,050 apiece from Rs 1,150.Jefferies also continued with an 'underperform' rating and cut the target to Rs 855 apiece from Rs 920. According to the brokerage, the second quarter's profit before tax (PBT) was well below their estimates amid a tad lower net interest income (NII), higher opex, and provision, which offset higher other income. Read more
Share Market Today LIVE | Nifty Bank should sustain gains till end of Dhanteras day, says Nirav Harish Chheda
Nirav Harish Chheda of Nirmal Bang Securities points out that the overall pattern in the banking index with no sign of sharp selling up ahead despite a weak start to the day. He says that historically, the Nifty and Nifty Bank generally close higher on the day of Dhanteras.
He highlights that the buying has emerged in the Nifty Bank after the index successfully crossed its 200-day moving average (DMA). He expects it to cross its 50-DMA as well, which stands near 44,300.
Chheda suggests placing a stop loss at 43,600 for chasing the target of 44,300 in Nifty Bank futures.
Share Market Today LIVE | Nifty above 19,400; financial stocks trade in green
Source: NSE
Share Market Today LIVE | Buy Nifty50 19,400 call option at Rs 60-70, says Nilesh Jain
Nilesh Jain of Centrum Broking shares a derivatives trade recommendation.
He suggests buying the Rs 19,400 call option of the index at Rs 60-70-odd levels for targets of Rs 100, Rs 130 and Rs 150 with a stop loss at Rs 45.
Share Market Today LIVE | Buy Blue Star shares, says Ambareesh Baliga
Independent market analyst recommends Blue Star as a positional pick as Dalal Street enters the day of Dhanteras. He has placed his target for Blue Star shares at Rs 1,080.
He expects Blue Star's earnings per share (EPS) to stand at Rs 27 in FY25.
Share Market Today LIVE | Buy Engineers India shares, says Sumeet Bagadia
Sumeet Bagadia of Choice Broking expects a strong upmove in Engineers India shares. He suggests buying the stock for the day and for the next week for targets of Rs 141 and Rs 145 with a stop loss at Rs 130.
Nifty Today LIVE | Infy, M&M, RIL, TCS, Titan among top drags in Nifty 50
Source: NSE
Dhanteras 2023 pick | Analysts share their top stock picks for high returns
In conversation with Zee Business Managing Editor Anil Singhvi, market experts Rakesh Bansal, Kunal Saraogi, Sacchitanand Uttekar, Rajesh Palviya, Sumeet Bagadia, Sandeep Wagle and Siddharth Sedani share their top recommendations for the next one year on the day India celebrates Dhanteras, in this special segment, Dhan Barse Share.
On the top analysts' 'buy' list are stocks such as HDFC AMC, Steel Authority of India (SAIL), JK Lakshmi Cement, Apollo Tyres, Larsen and Toubro (L&T) and LTIMindtree. Read more
ESAF Small Finance Bank shares make a strong debut on Dalal Street; here's what investors may do
ESAF Small Finance Bank (ESAFSFB) shares make a strong debut on Dalal Street on Friday, November 10. The stock enters the listed space at Rs 71.9 apiece on BSE, a premium of 19.8 per cent over the upper end of the price range of the lender's IPO. ESAF SFB shares begins their journey on NSE at Rs 71 apiece, a premium of 18.3 per cent.
The listing is in line with Zee Business Managing Editor Anil Singhvi's expectations. Read more
Share Market Today LIVE | Nifty Bank trades nearly 100 pts lower, down 22%
Source: NSE