Share Market Special Saturday Trading HIGHLIGHTS: Sensex ends 89 pts higher at 74,006, Nifty reclaims 22,500 led by financial, FMCG, IT stocks
Share Market Special Saturday Trading Session, Share Market HIGHLIGHTS: Domestic equity benchmarks Nifty50 and Sensex finished the first of two special trading sessions scheduled on Saturday, May 18, with mild gains, led by buying interest in IT, financial and energy shares.
Stock exchanges BSE and NSE conducted the sessions to check their preparedness to handle major disruption or failure at the primary site, and a consequent switchover to the disaster recovery site.
Catch all the highlights of the May 18 trade 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 Special Saturday Trading Session, Share Market HIGHLIGHTS: Domestic equity benchmarks Nifty50 and Sensex finished the first of two special trading sessions scheduled on Saturday, May 18, with mild gains, led by buying interest in IT, financial and energy shares.
Stock exchanges BSE and NSE conducted the sessions to check their preparedness to handle major disruption or failure at the primary site, and a consequent switchover to the disaster recovery site.
Catch all the highlights of the May 18 trade 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:
Latest Updates
Share Market Special Saturday Trading Session, Share Market LIVE: Balrampur Chini shares under pressure after weak Q4 results
Balrampur Chini shares decline by as much as Rs 12.1, or 3.1 per cent, to Rs 372.1 apiece on BSE.
For the March quarter, the sugar manufacturer registered a net profit of Rs 203 crore and margin of 24 per cent.
According to Zee Business research, Balrampur Sugar's March-quarter net profit was estimated at Rs 220 crore and margin at 33 per cent.
Share Market Special Saturday Trading Session, Share Market LIVE: Balkrishna Industries stock scales record high after strong Q4 beat
Balkrishna Industries shares are locked in the five per cent upper circuit, a special limit in place for today's sessions, at Rs 2,799 apiece on BSE, a record high.
The tyre maker clocked an 87.9 per cent jump in net profit to Rs 481 crore for the March quarter.
Its quarterly margin improved by 460 basis points to 24.9 per cent.
Share Market Special Saturday Trading Session, Share Market LIVE: Zydus Lifesciences, Varroc Engineering, Karnes Tech, Hindustan Zinc, Cochin Shipyard rise most among some 350 gainers in BSE 500 pack; Astral Ltd, Delhivery, Jupiter Wagons, Prince Pipes and Fittings top losers
Image: BSEIndia.com
Share Market Special Saturday Trading Session, Share Market LIVE: Astral shares down 5% after weak Q4 show
Astral Ltd shares are down by Rs 111.8, or 4.9 per cent, at Rs 2,192.5 apiece on BSE, having slipped to as low as Rs 2,191.3 in intraday trade so far.
The company's Q4 results fell short of analysts' expectations.
The company's net profit stood at Rs 181 crore and margin at 17.9 per cent for the March quarter.
Zee Business analysts had estimated Astral's March-quarter net profit at Rs 216 crore and margin at 20 per cent.
Share Market Special Saturday Trading Session, Share Market LIVE: Zydus Lifesciences shares locked in 5% upper circuit after results beat expectations
Zydus Lifesciences (ZYDUSLIFE) shares are locked in the five per cent upper circuit at Rs 1,104.5 apiece on BSE at this hour, after the pharmaceuticals company staged a strong performance in the March quarter, beating analysts' estimates on all grounds.
The drug maker registered a nearly four times jump in net profit to Rs 1,182 crore for the January-March period.
Its quarterly margin improved by 440 basis points to 29.5 per cent.
According to Zee Business research, Zydus Lifesciences' March-quarter net profit was estimated at Rs 920 crore and margin at 28.6 per cent.
Share Market Special Saturday Trading Session, Share Market LIVE: Nifty hovers around 22,500, Sensex up 100 pts in early trade as Dalal Street enters second special session of the day
Share Market Special Saturday Trading Session, Share Market LIVE: End of first special session
- Sensex up 43 pts at 73,960
- Nifty up 16 pts at 22,482
Second special session to begin at 11:30 am following 15-minute pre-opening trade
Share Market Special Saturday Trading Session, Share Market LIVE: Buy Kaynes Tech shares, says Anil Singhvi
Market wizard Anil Singhvi suggests buying Kaynes Tech shares for targets of Rs 3,125, Rs 3,150 and Rs 3,200 with a stop loss at Rs 3,050.
- Stock surged 20 per cent post-results on Thursday
- Follow-up buying expected
Share Market Special Saturday Trading Session, Share Market LIVE: Buy Balkrishna Industries futures, says market guru Anil Singhvi
Zee Business Managing Editor Anil Singhvi has a 'buy' call on Balkrishna Industries futures. He has placed his targets at Rs 2,695, Rs 2,725, Rs 2,750 and Rs 2,770 with a stop loss at Rs 2,640.
- Strong results on all parameters
- Margins up by 500 bps to 25 per cent
- Stock has risen 13 per cent in three months
Share Market Special Saturday Trading Session, Share Market LIVE: ONGC, Power Grid, Hindalco, Nestle India, Hero MotoCorp rise most among 42 Nifty gainers
Top Nifty gainers
| Stock | CMP | Change (%) |
| ONGC | 280.5 | 1.1 |
| POWERGRID | 316.2 | 0.97 |
| HINDALCO | 661.5 | 0.92 |
| NESTLEIND | 2,460.85 | 0.63 |
| HEROMOTOCO | 5,120.75 | 0.62 |
| GRASIM | 2,438.35 | 0.61 |
| DRREDDY | 5,833.90 | 0.59 |
| COALINDIA | 472.9 | 0.56 |
| INDUSINDBK | 1,420.05 | 0.55 |
| ADANIPORTS | 1,342.00 | 0.47 |
| TCS | 3,852.00 | 0.47 |
| ASIANPAINT | 2,822.75 | 0.46 |
| BAJAJ-AUTO | 8,820.65 | 0.45 |
| SBIN | 821.3 | 0.42 |
| CIPLA | 1,404.85 | 0.41 |
| SBILIFE | 1,440.00 | 0.4 |
| BRITANNIA | 5,104.40 | 0.35 |
| NTPC | 366.7 | 0.34 |
| HINDUNILVR | 2,328.00 | 0.33 |
| TATASTEEL | 167.9 | 0.33 |
Nifty losers
| Stock | CMP | Change (%) |
| ITC | 436.15 | -0.03 |
| TATACONSUM | 1,094.35 | -0.08 |
| ICICIBANK | 1,129.20 | -0.11 |
| EICHERMOT | 4,688.00 | -0.13 |
| AXISBANK | 1,138.95 | -0.21 |
| DIVISLAB | 3,894.00 | -0.43 |
| JSWSTEEL | 892.95 | -1.6 |
Share Market Special Saturday Trading Session, Share Market LIVE: Sensex crosses 74,000, Nifty50 tops 22,500 led by IT, financial, energy stocks
Share Market Special Saturday Trading Session, Share Market LIVE: Nifty50 tops 22,500 in pre-open market, Sensex flat at 73,923
Here's how the two main indices are placed at the end of the pre-opening session:
- Sensex up 6.0 pts at 73,923
- Nifty50 up 46.8 pts at 22,512.9
Share Market Special Saturday Trading Session, Share Market LIVE: Buy Nifty at 22,225-22,300, Nifty Bank at 47,625-47,750, says market guru Anil Singhvi; check out his full strategy for the day
Zee Business Managing Editor Anil Singhvi expects a higher zone for the headline index at 22,550-22,600 levels and a strong sell zone at 22,650-22,750 levels. For the Nifty Bank, he expects a higher zone at 48,250-48,425 levels and a strong sell zone at 48,475-48,625 levels.
Read more on how the market wizard views the market today
Share Market Special Saturday Trading Session, Share Market LIVE: Ujjivan Small Finance Bank, Krsnaa Diagnostics, Anupam Rasayan among 50 companies slated to report results today
More than 50 companies are scheduled to report their quarterly financial results today, including Ujjivan Small Finance Bank, Anupam Rasayan India, Trident, ASK Automotive, Krsnaa Diagnostics, and Parag Milk Foods.