Share Market HIGHLIGHTS: Nifty almost makes it to 19,450 as D-St ends choppy session mildly higher
Share Market HIGHLIGHTS: Domestic equity benchmarks Nifty 50 and Sensex started Tuesday's session on a sluggish note amid mixed moves across global markets.
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 started Tuesday's session on a sluggish note amid mixed moves across global markets.
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 16 pts lower, Nifty barely in the red at 19,407 as bulls halt 3-day run
The Sensex ends with a cut of 16.3 points at 64,942.4 and the Nifty settles at 19,406.7, down 5.1 points for the day.
Here's how the indices moved through the day:
Nifty50
Sensex
Images: BSEIndia.com, NSEIndia.com
With that, both indices put an end to a rally of 2.2 per cent each in the past three days, wherein the Senesx added 1,367.4 points and the Nifty jumped 422.6 points.
Share Market Tips LIVE | Buy EIL, Sansera Engineering shares, says Vikas Sethi
Vikas Sethi of Sethi Finmart recommends buying EIL shares for a target of Rs 140 with a stop loss at Rs 123. Besides, he recommends buying Sansera Engineering shares for a target of Rs 900 with a stop loss at Rs 845.
Share Market Today LIVE | HPCL shares gain 4% after OMC turns profitable in Q2
Shares of Hindustan Petroleum Corporation (HPCL) in Tuesday’s session (November 7) gain 4 per cent hitting day’s high of Rs 272.8 per share after the company returned to profitability in the July-September period.
For the reporting quarter, the state-run oil marketing company logged a consolidated net profit of Rs 5826.96 crore as against loss of Rs 2475.69 crore in the year-ago period given the low crude prices as well as higher gross refining margin (GRM). Read more
Share Market Today LIVE | Protean eGov Technologies IPO gets subscribed 1.83 times on Day 2 so far
On Tuesday (Day 2), Protean eGov Technologies IPO's share sale have received bids for 80,33,220 crore shares against 43,78,700 shares on offer. Overall, the public issue is being subscribed 1.83 times. Read more
Category | Subscription (No. of times the equity reserved) |
Qualified institutional buyers | 0.01 |
Non-institutional investors | 2.87 |
Retail investors | 2.53 |
Overall | 1.83 |
Source: Exchange data |
Stocks to Buy | L&T, Tata Motors, Hero MotoCorp among analysts' top picks
In conversation with Zee Business Managing Editor Anil Singhvi, market experts Himanshu Gupta, Rakesh Bansal, Avinash Gorakssakar and Kunal Saraogi share their top stock recommendations in this special segment, Pick of the Day. On the analysts' 'buy' list are stocks such as Tata Elxi, Patanjali Foods, Hero MotoCorp, Tata Motors, Larsen & Toubro (L&T) and Exide Industries. Read more
Share Market Today LIVE | IRCTC shares edge higher ahead of board meet to consider Q2 results, interim dividend
Indian Railway Catering and Tourism Corporation (IRCTC) shares edge higher on Tuesday, November 7 ahead of the Indian railway PSU's financial results for July-September quarter. The counter trades near the day's high at Rs 676.55, up 0.75 per cent on NSE, continuing the winning streak for the third day. The Board of IRCTC will also consider announcement of an interim dividend for shareholders. Read more
Share Market Today LIVE | SAIL stock sinks after Citi downgrades rating, slashes target price
Shares of Steel Authority of India Limited (SAIL) trade 1.15 per cent lower at Rs 85.85 on NSE after Citi downgraded its rating for the company and cut the share price target. Citi has downgraded the Maharatna company to 'sell' from 'buy', cutting the share target price to Rs 80 from Rs 110. Read more
Mamaearth parent Honasa Consumer IPO Listing | Shares list at premium of 1.85% on NSE
Shares of Honasa Consumer Limited, which owns Mamaearth and The Derma Co., debuts at Rs 330 - a premium of 1.85 per cent against the issue price of Rs 324 apiece, on the National Stock Exchange. On the BSE, the stock debuts flat at Rs 324 apiece. Read more
Share Market Today LIVE | Gland Pharma stock gets a shot in the arm after firm's US business picked up in Q2, brokerages increase target price
Gland Pharma shares trade over 5 per cent higher at Rs 1,659.25 on NSE after leading brokerages raised their target prices on the counter after the pharma company reported mixed Q2 numbers. Read more
Share Market Today LIVE | Nykaa extends rally post robust Q2 performance; stock climbs 10% in 2 days
Shares of the fashion-to-cosmetic products e-tailer gain as much as five per cent to Rs 154.8 after the company’s strong Q2 show on NSE.
Here’s what brokerages suggest on Nykaa post-Q2 earnings
Global brokerages are largely divided in their view on the counter post the company’s earnings. Holding a bullish stance, Morgan Stanley maintained its ‘overweight’ rating on the stock with a target price of Rs 173, while Jefferies retained its ‘Buy’ call with a target of Rs 200, implying an over 35 per cent upside from the last price. Read more