Share Market HIGHLIGHTS: Nifty50 leaps to 20,097, Sensex surges 728 pts driven by financial, IT, auto stocks
Share Market Today LIVE: Domestic equity benchmarks Nifty 50 and Sensex on Wednesday, November 29, edged higher amid broad-based buying and tracking a rise in Asian and US peers after dovish commentary from a US Federal Reserve official elevated bets of rate cuts by as early as March 2024.
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 Today LIVE: Domestic equity benchmarks Nifty 50 and Sensex on Wednesday, November 29, edged higher amid broad-based buying and tracking a rise in Asian and US peers after dovish commentary from a US Federal Reserve official elevated bets of rate cuts by as early as March 2024.
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
Thank you! That's all today on Zeebiz.com's blog on the November 29 session on Dalal Street
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Forex Market Update | Rupee ends barely changed at 83.33 vs dollar
The rupee (INR) settles at 83.33 against the greenback (USD), as against 83.34 the previous day.
Closing Bell | Sensex surges 728 pts, Nifty50 leaps to 20,097 driven by financial, IT, auto stocks
Both headline indices finish the day around one per cent stronger amid broad-based gains on Dalal Street. The Sensex adds 727.7 points for the day to end at 66,901.9 and the Nifty50 settles at 20,096.6, up 206.9 points from its previous close.
Here's how the gauges moved during the course of the day:
Nifty50
Sensex
Images: NSEIndia.com, BSEIndia.com
The high-beta Nifty Bank index closes with a gain of 685.5 points, or 1.6 per cent, at 44,566.5.
Share Market Today LIVE | Nifty above 20,050, Sensex rises 700 pts amid broad-based buying
Share Market Today LIVE | Broad-based buying in Nifty continues, Nifty tops 20,000
Source: NSE
Share Market Today LIVE | Nifty IT trades nearly 1.5% higher
Source: NSE
Share Market Today LIVE | Nifty Bank trades over 450 pts higher
Source: NSE
Share Market Today LIVE | OMC stocks hit new 52-week high ahead of OPEC+ meeting
Oil marketing company (OMC) stocks in Wednesday's session (November 29) trade at new 52-week high as the crucial OPEC+ meet is scheduled for Thursday. In the meeting, the output policy will be decided for the upcoming months.
Crude refiners Indian Oil Corporation (IOC) and HPCL hit their fresh 52-week high for the second consecutive session of Rs 109.49 and Rs 348.4 per share, respectively. On the contrary, BPCL also notches a fresh 52-week high of Rs 434.3. Read more
Share Market Today LIVE | BPCL board declares Rs 21/share dividend
The board of state-run oil marketing company BPCL announces an interim dividend of Rs 21 per share for the financial year 2023-24, a 210 per cent payout given the face value of Rs 10 per share.
The board fixes December 12 as the record date for the dividend.
BPCL says the dividend will be paid on or before December 28.
Here's how the stock has moved so far today:
Image: BSEIndia.com
Share Market Today LIVE | Investors turn cautious on BPCL as board meets to discuss dividend
Bharat Petroleum Corporation Ltd (BPCL) shares on Wednesday, November 29 edge lower ahead of the scheduled board meet today, November 29 of state-run oil marketing company to consider an interim dividend for the current fiscal. It shall be the OMCs fifth dividend announcement within a span of two years, if declared.
The Mumbai-headquartered Bharat Petroleum Corporation shares trade 0.26 per cent lower at Rs 423.4 on BSE. Read more
Share Market Today LIVE | Nifty above 20k, Sensex rises over 350 pts amid broad-based buying
IREDA IPO Listing | Bumper debut on bourses, shares list at 56% premium
Shares of IREDA list at around 56 per cent premium on the BSE and National Stock Exchange (NSE). IREDA shares settle at Rs 50 on BSE and NSE i.e. at a premium of 56 per cent. Read more
Share Market Today LIVE | BHEL hits a 52-week high for 3rd session in a row on the back on defence deal and MoC with French nuclear firm
Shares of Bharat Heavy Electricals Ltd (BHEL) hit a 52-week high of Rs 162 on BSE on the back of a Rs 2,957 crore order with Ministry of Defence, and a deal with the world's largest nuclear operator from France. This is the third trading session in a row when BHEL shares have scaled the 52-week high. Read more
Share Market Today LIVE | Nifty above 19,950, Sensex rises over 250 pts
Nifty 50
Nifty trades above 19,950 up 0.38 per cent in opening deals.
Source: NSE
Sensex
Sensex rises over 250 points, to trade at 66,431 in opening deals.
Source: BSE