The benchmark indices were trading mixed this week. On Friday, BSE Sensex closed on a positive note. About 2,047 shares had advanced, 1,454 declined and 133 were unchanged.
SGX Nifty indicates that Nifty is likely to open gap up. Sharp recovery has been seen in US Markets. Dow Jones Industrial Average plunged 280 points or 0.87 per cent.
Nifty50 closed at 17,412.90, down by 1 per cent. Both mid-cap index and small-cap closed performed negatively on broader markets. The following penny stocks are likely to be in focus on Monday, March 13, 2023:Nila Spaces.
The financial services, banking and capital goods sectors suffered the most. The bank tumbled 2.63 per cent, making it the worst performer on both the BSE Sensex and sectoral index BSE Bankex.
The stock is one of the largest integrated sugar manufacturers in india. It rallied almost 650 per cent from the Covid lows (Rs 70) and made life time high of Rs.526. However, the stock lost momentum and then retraced around 50 per cent of its previous rally.
Oil slips over 3 per centOil slipped over 3% after investors braced for higher interest rates and weak demand. SGX Nifty is expected to open around 17,700 levels and is likely to remain under pressure.
Indian equity markets ended on a positive note. Nifty50 closed at 17,711.45, up by 0.67 per cent. Both mid-cap index and small-cap closed performed positively on broader markets.
The Sensex gained by 600 points to close at 61,032.26, while the Nifty 50 gained by 158 points. The company has received the work order worth Rs 14.83 crore for providing services for flexible pavement repair work.
The frontline index S&P BSE Sensex opened in red with a loss of 165.29 points. By 9.15 am, the index strengthened to 60,622.63, signifying gains of 190.79 points or 0.32 per cent. Metals were up by 0.25 per cent, power weakened by 1% whereas auto was trading flat.
Asian markets open flat on Monday; HDFC Bank to be in focus. Asian markets have opened flat with a positive bias on Monday. Trend on SGX Nifty indicate a gain of 15 points. FII selling has been a persistent problem for domestic markets this year as foreign giants have already sold over Rs 15,000 crore.
Government plans to introduce incentive schemes for green hydrogen industry. The FIIs sold shares worth Rs 867 crore while the DIIs bought to the tune of Rs 621 crore.
The frontline index S&P BSE Sensex opened in red with a loss of 548.02 points or 0.92 per cent. By 9.15 am, the index strengthened to 59,958.74, signifying gains of 113.45 points. Metals got hammered by 1 per cent, power weakened by 1.64 per cent and auto slipped by 0.69 per cent.
The rise of COVID cases in china takes the centre stage as it reports 37 million new cases in a day. The FIIs sold to the tune of 706 crore while the DIIs bought shares worth Rs 3,398 crore.
The only sector which was least affected today was the BSE Healthcare Index, which plunged 1.18 per cent to Rs 23,493.96, despite a sharp decline in the domestic market. The benchmark indices were trading lower this week.
BSE SME platform is paving the way for new-age technology and ESG enterprises in India to get listed and raise funds. The company came out with an initial public offering of 62,90,000 Equity Shares of Rs.10 Each (“Equity Shares”), Aggregating to Rs. 33.97 Crore.
Shares of Engineers India Ltd were trading at Rs 84.40 apiece, up by 4.65 per cent. Recently, the company received an order from Mundra Solar Technology Ltd (a group company of Adani Enterprises Ltd) The PE multiple for EIL is 13.74, while the PEMultiple for the sector is 25.3.
NSE Nifty 50 and BSE Sensex 30 are trading marginally higher. Midcap and Smallcap indices are currently outperforming the largecap indices. PSU Banks and metals are the top performers while IT remains weak. India VIX has slipped over 1 per cent.
Social unrest in China drags Asian markets; SGX Nifty indicates a loss of 100 points. Hang Seng has crashed over 4 per cent. Brent crude has slipped to USD 83 per barrel. FIIs have bought shares worth Rs 369 crore while DIIs have sold to the tune of Rs 295 crore.
At the pre-opening bell, the frontline index S&P BSE Sensex opened in red with a loss of 143.18 points. By 9.15 am, the index strengthened to 61,212.36, signifying gains of 67.52 points or 0.11 per cent. Meanwhile, Uflex Ltd, Gujarat State Petronet Ltd and Easy Trip Planners Ltd emerged as the Top Gainers.
Asian markets open on a mixed note and SGX Nifty indicates a gain of 30 points. Wall Street indices slipped during Monday's trade as investors remained uncertain over Fed rate hike outlook and concerns of Chinese lockdown. Oil jumped in the previous trading session after OPEC+ denied reports of possibility of increase in supply.
NSE Nifty 50 index has plunged 0.73 per cent to trade below 18,200 level. BSE Sensex has lost 450 points. Nifty Midcap and Nifty Smallcap also trading under pressure. All sectors are in red, with IT, realty and Banks witnessing major profit booking. India VIX has surged over 5 per cent.
Volatile weekly expiry: Nifty closes below 18,400; Sensex plunges 230 points as auto, media and IT drag the market. Nifty slipped over 80 points in the last 30 minutes to close at 18,350 levels while Sensex plunged 230 points. Top trending stocks were Timken India, Engineers India, Union Bank of India and NBCC.
Castrol India Ltd closed the day on a high note, up 3.14 per cent to Rs 129.75, while BSE Energy was down 0.61 per cent. The manufacturer of automotive lubricants intends to enter the electric vehicle (EV) segment. The company will invest Rs 500 crore in establishing a global battery research and development centre.
Nifty at 52-week high: Nifty closes above 18,400; Sensex closes at day’s high as banks and auto lead the rally. ONGC, Powergrid Corporation and ICICI Bank emerged as top gainers while Coal India, HDFC life and Cipla were top losers. India VIX fell nearly 2 per cent amidst such positivity.
The much awaited US inflation data came out to be at 7.7 per cent in October versus 8.2% in September, which stood lesser than expected. Nasdaq jumped 7.35 per cent while Dow Jones surged 1200 points to close at day's high.
Indices have been trading lower at the start of the session. NSE Nifty 50 index has slipped 0.773 per cent, owing to bad global cues. Sensex has tanked 480 points so far.
The negative sentiment is seen in the Asian markets during the early Thursday trade. The highlight in the global market today will be the US Inflation data, which is set to be released later in the evening.
Yash Bhuva, Marketing Head, Sheetal Cool Products Ltd. Getting listed on the SME platform has bought recognition as well as trust in the company. It helped us improve compliance-based operations which have acted as a base for the future growth of the company. The Indian ice cream industry has suffered the previous two summers due to Covid 19.
The stock saw heavy buying interest, hitting an upper price band and recording an intra-day high of Rs 5.85 per share on NSE. The counter has witnessed back-to-back upper circuits for the last 2 sessions. Only buyers were seen in the scrip today.
The equity benchmark indices ended with decent gains after a volatile session on Monday. The PSU bank, metal and auto stocks witnessed buying demand. On the other hand, pharma, healthcare and consumer durables saw selling pressure.
The top low-priced gainers on the BSE experienced strong buying were Gautam Exim, Market Creators and Tranway Technologies. Overnight, Wall Street indices fell sharply as the Federal Reserve's aggressive stance crushed the optimism. The Sensex edged down by 0.11 per cent, reaching a level of 60,836, despite heavy losses in information technology, power and utility stocks.
Nifty slipped 0.34 per cent to close below the 18,100-mark. Sensex lost 215 points while Nifty Midcap and Nifty Smallcap also ended marginally lower. Hindalco, Sun Pharma and ITC emerged as top gainers from the Nifty 50 stocks. Bharti Airtel, Apollo Hospitals and Maruti Suzuki were the top losers.
Nifty hovers around 18,100 level and has slipped 0.20 per cent while Sensex has lost 150 points. Nifty Midcap and Nifty Smallcap are marginally higher. Bharti Airtel, Eicher Motors and Maruti Suzuki are weak today.
Metals shine, auto and IT dragIndia VIX has jumped over 1 per cent. Indices ended with minor losses after a survey showed job openings remained unexpectedly strong in September.
NSE Nifty 50 is within striking distance for reclaiming its important psychological mark of 18000. Sensex has surged over 700 points, while Nifty Midcap has climbed 0.91 per cent. All the sectors are in green, with IT and Auto being the top performers.
Asian markets open higher amid positive expectations as markets head into a volatile week with host of economic events. SGX Nifty indicates a gap-up opening of over 170 points for Nifty. L&T and Bharti Airtel set to declare results today.
Nexus Surgical & Medicare, PBA Infrastructure, and Digicontent Ltd were the top low-priced gainers on BSE that locked at their 20 per cent upper circuits. The shares of south Indian Bank, the top BSE Smallcap gainer, soared over 15 per cent and traded at a new 52-week high.
Nifty slipped 0.25 per cent and trades below 17,700 level. Sensex plunged nearly 200 points while Nifty Midcap and Nifty Smallcap are trading on a mixed note. Tech Mahindra, JSW Steel & Maruti Suzuki have emerged as top gainers from Nifty 50 stocks.
Sensex ended in the green, up by 104 points at 59,307. Bank Nifty jumped 684 points to close the day at 40,784 level. Company is one of the leading manufacturers of steering & suspension products.
Nifty and Sensex managed to put up minor gains ahead of Diwali weekend. Benchmark index closed at 17,576 while SenseX gained 100 points. Banks emerged as the top performers while metals remained weak.
Nifty recovered nearly 100 points from its day’s low but witnessed strong selling pressure at higher levels. UPL, HCL Technologies, and Nestle India are the top gainers from Nifty 50 stocks. IndusInd Bank has tanked 4 per cent despite posting good results and is the top loser.
Nifty has slipped 0.44 per cent while Sensex lost 215 points. Metals and auto are the top losers among the sectors while FMCG is flat. India VIX has slipped half a per cent. ITC, Asian Paints, Bajaj Finance, and Tata Consumer Products are set to declare their results today.
Nifty managed to close above 17,500 level and is up by 0.17 per cent. FMCG & banks traded higher while IT and metals remained weak. Nestle, ITC & HDFC emerged as the top gainers from Nifty 50 index. Sensex rose 150 points while Nifty Midcap and Nifty Smallcap climbed quarter per cent each.
Sensex has soared 220 points while Nifty Midcap and Nifty Smallcap are trading on a mixed note. SBI, Bajaj Auto & ICICI Bank are the top gainers while Hindalco, L&T, and JSW Steel are weak today. Nifty has plunged 0.20 per cent while Sensex lost 120 points.
The following penny stocks are likely to be in focus on Monday, October 17, 2022: Jaypee Infratech, JBF Industries and EBS Biztech. The shares of the company froze at a 10 per cent upper circuit, closing at an intraday high of Rs 10.90 per share on NSE on Friday.
Nifty slipped 0.64 per cent while Sensex tanked 390 points. Nifty Midcap and Nifty Smallcap plunged 0.69 per cent & 0.50 per cent. Financials and realty were the top draggers. Wipro, Adani Ports & SBI emerged as the top losers today. India VIX has surged nearly 3 per cent on a volatile weekly expiry day.
Indices have been trading lower amid volatility. Nifty has fallen 0.25 per cent while Sensex lost 175 points. Auto and metals are witnessing good buying interest while IT is weak.
Nifty plunged 1.49 per cent to close below 17,000; Sensex tanks nearly 850 points. Nifty Midcap and Nifty Smallcap slipped 1.74 per cent each. Axis Bank, Adani Enterprises, and Asian Paints emerged as top gainers from Nifty 50 stocks.
Indices off day’s low; Nifty above 17,200 as IT and banks witness recovery. Recovery is also seen across mid-cap and small-cap stocks. Government of India and LIC of India are expected to sell a 60 per cent stake in IDBI Bank.
Sensex lost 30 points throughout the day, closing at 58,191 level. Bank Nifty index also slipped 90 points to end the day at 17,316 level, and 39,192 levels. Shares made a new 52-week high of Rs 317 per share again today.
The stock got locked at a 10 per cent upper circuit, recording an intra-day high of Rs 7.60 per share on BSE. The company manufactures fresh, frozen and canned fruits and vegetables for domestic consumption.
Nifty jumped 1.64 per cent to close at 17,000 while Sensex soared 1,015 points. All sectors closed higher with financials, energy, and metals being the top performers.
The Sensex at 10:28 a.m. Is trading in green, up by 172 points to trade at a level of 56,614. Majority of the sectors are in red except for the financial services, telecommunication and bankex, which are slightly up.
