Sensex, Nifty up; ITC up 2%, Tata Steel down

Sensex, Nifty up; ITC up 2%, Tata Steel down

closing bell Major benchmark indices showed some volatility in a narrow range on buying in FMCG, IT and healthcare stocks, while metals, auto and select financial stocks declined. The BSE benchmark index, Sensex, opened 150 points higher at 60,837 and soon touched a high of 61,037. After this, the BSE index gained and slipped in the red to a low of 60,597. However, the Sensex made up for the losses and eventually ended on a flat note – 32 points – at 60,719. NSE Nifty closed six points higher at 18,109. India VIX was up 1.6 per cent at 15.47. Market Dashboard: A snapshot of the major movers and shakers in today’s trade POWERGRID CORPORATION AND ITC 30 Sensex stocks were the major gainers, rising 2.2 per cent and 3 per cent, respectively. Asian Paints, Nestle and Kotak Bank were the other major gainers. On the other end, Tata Steel The major loser was at Rs 1,245, down 3.3 per cent. Mahindra & Mahindra and Bajaj Auto were notable losers. The broader indices ended on a mixed note. The BSE Midcap index was up 0.4 per cent, while the Smallcap index was down 0.2 per cent. The breadth was quite negative, with 2,110 shares falling and 1,306 shares rising on the BSE. Among sectors, the healthcare index rose 2.1 per cent and the FMCG index rose 0.8 per cent. On the other hand, the metal index fell 2.4 per cent and the telecom index fell 0.7 per cent. Mixed Outings for Debutants PB Fintech, owner of Policybazaar India, is listed on the BSE at Rs 1,150 per share at a premium of 17.3 per cent to the issue price of Rs 980. The stock eventually ended 22.5 per cent higher than its issue price at Rs 1,201. read more Click Here for more market news Sigachi Industries Bumper listing. The stock opened at Rs 575 per share on BSE against the issue price of Rs 163. The stock was closed on the upper limit at Rs 604, a premium of 270.5 per cent over its issue price. shares of SJS Enterprises Started trading on exchanges on a flat Rs 540 note, and eventually ended at Rs 512 at a discount of 5 per cent. in the primary market, Tarson Products IPO The retail share was 90% subscribed with 1.8 times the demand as of 03:30 PM. , Market at 02:30 pm Live Market Updates: Renewed buying in ITC coupled with sustained gains in healthcare and IT stocks helped key benchmark indices gain in the afternoon trades. The BSE Sensex was up 148 points at 60,835 and the NSE Nifty was up 39 points at 18,142. ITC was up 2 per cent at Rs 238. POWERGRID, Asian Paints, Nestle, TCS and Infosys were the other major gainers. Tata Steel had come down by nearly 2 per cent to Rs 1,263. Bajaj Auto and Bajaj Finserv were other notable losers. Among sectors, the healthcare index rose 2 per cent and the IT index rose 0.8 per cent. On the other hand, the BSE Metal Index fell 1.5 per cent. Among the broader markets, Aurum Proptech, formerly known as Majesco, closed 20 per cent higher on the upper circuit at Rs 146.40 on BSE, a 52-week high, amid heavy volumes. Thus far in the month of November, the new-age technology-driven real estate company’s stock has gained 70 per cent, compared to a 2.3 per cent rise in the S&P BSE Sensex. read more Fine Organics, Apollo Hospitals, Suprajit Engineering, Laurus Labs, NIIT, Syngene International, Fortis Healthcare, Finolex Cables and IFCI were other major gainers. On the other hand, shares of Granules India and IOL Chemicals & Pharmaceuticals hit their respective 52-week lows on the BSE in intra-day trade on Monday, after the companies reported disappointing numbers for the quarter, 10 on the BSE. percentage fell. Ended September 2021 (Q2FY22). read more Meanwhile, European markets started trading on a calm note with major indices – FTSE 100, DAX 30 and CAC 40 all flat. , Market at Lunch (01:30 PM) Live Market Updates: Major benchmark indices witnessed some selling pressure among auto, banking and select index heavyweights, while IT and healthcare stocks remained firm. The BSE Sensex was down 15 points at 60,672 and the NSE Nifty was down eight points at 18,095. India VIX was up nearly 3 per cent at 15.65. The broader indices were mixed – the BSE Midcap index fell 0.3 per cent and the Smallcap index declined 0.2 per cent. However, the breadth was quite negative, with 2,056 declining stocks versus 1,297 advance stocks on the BSE. Elsewhere in Asia, the market was mixed today. The Kospi and Taiwan weighted indices rose one per cent and 0.7 per cent, respectively.

The Nikkei rose 0.6 percent. On the other hand, the Hang Seng and Shanghai Composite lost 0.2%. The Straits Times was down 0.1 percent. , market in the afternoon Live Market Updates: Volatility gripped the markets in afternoon deals on Monday, leaving the headline index briefly in the red, before returning to positive territory. BSE Sensex was unchanged at 60,716 level while Nifty 50 was marginally up at 18,110 level. Both the indices touched day’s lows of 60,635 and 18,082 respectively. Among the broader markets, profit-booking in smallcaps intensified further with the BSE Smallcap index falling 0.4 per cent. On the other hand, the BSE Midcap index rose 0.1 per cent. In individual shares, shares of Globus Spirits It was closed 5 per cent lower at Rs 1,151.65 on the BSE on Monday after the company reported 90 per cent lower capacity utilization on a quarter-on-quarter (QoQ) basis in the September quarter (Q2FY22). read more three-day issue in the primary market tarsan products So far 48 per cent is subscribed and the retail segment has got 96 per cent subscription. On the economic front, Wholesale Price Index Based Inflation It rose to 12.54 per cent in October, while it was 10.6 per cent in September, , market at 11 am Live Market Updates: BSE Sensex was up 170 points at 60857 level in late morning deals, as heavyweights supported gains Infosys, HDFC Bank, TCS and ITC, At the same time, NSE Nifty 50 was at the level of 18,149. In the broader markets, however, the BSE Smallcap index was down 0.14 per cent, pulled down by Ujjivan Financial Services (down 8 percent) and Mannapuram Finance (down 9 per cent). According to Gaurav Garg, Head of Research, Capitalvia Global Research, “There may be some caution in the Indian markets with weak economic data coupled with net FPI sellers. Our research suggests that the 17,700 and 18,250 (Nifty) levels act as immediate support. and resistance, respectively. If the market breaks the level of 18,250 then we can expect a trade in the range of 18,300-18,400. Technical indicators also support the positives in the market.” In money marketThe rupee was trading at 74.37 per US dollar at 11:06 am. It opened at 74.38 per US dollar versus Friday’s level of 74.44/$. , market at 10 am Live Market Updates: Benchmark indices ITC, Kotak Bank, Sun Pharma, Asian Paints and PowerGrid are leading in the morning trades. The BSE Sensex index was up 238 points at 60,924 at 10:05 while the Nifty 50 was up 64 points at 18,167. In the new listing on the exchanges, the shares of PB Fintech, are owned by Policybazaar India, opened at Rs 1,150 per share with a premium of 17.3 per cent on the BSE as against its issue price of Rs 980. their’s Sigachi IndustriesOn the other hand, it opened at Rs 575 per share on BSE with a bumper listing against the issue price of Rs 163. This translates into a premium of 253 per cent. Finally, shares of SJS Enterprises Launched flat at Rs 540 on BSE. , opening bell live market updates: Benchmark indices opened with gains of around 0.5 per cent on Monday, supported by strong global cues and broad-based buybacks. BSE Sensex was up 339 points at 61,026 level in opening deals, while Nifty 50 was up 94 points at 18,197 level.

Hero MotoCorp On healthy operating performance in Q2, Nifty was the top gainer on the index with a gain of 3 per cent. The company reported standalone EBITDA of Rs 1,156 crore, up from Rs 515 crore year-on-year, and Street estimates exceed Rs 904 crore. Meanwhile, margins came in at 13.5 per cent, up 9.4 per cent year-on-year and above Bloomberg’s estimate of 11.2 per cent.

In broader markets, BSE Midcap and Smallcap indices were up up to 0.4 per cent.

In individual shares, shares of <strong>hero</strong> The fashion and cosmetics online retailer reported a 96 per cent decline in Q2 net profit at Rs 1.1 crore after a 5.6 per cent decline in the September quarter.  However, the company's revenue grew 47 per cent year-on-year to Rs 885 crore.

In addition, shares of <strong>SpiceJet</strong> The airline's net loss for the quarter ended September 2021 stood at Rs 561.7 crore, as against a net loss of Rs 112.6 crore in the corresponding period of the previous fiscal.  Total income increased to Rs 1,538.6 crore from Rs 1,292.9 crore. <span style="display: block;margin-bottom:13px;margin-top:13px;"/> <span style="display: block;margin-bottom:13px;margin-top:13px;"/>    Sectorally, all indices were trading higher led by Nifty Auto Index and Nifty Bank Index (up 0.8 per cent) up 1 per cent.

, pre-open session Live Market Updates: The headline index ended the pre-open session in positive territory on Monday, indicating a healthy start to the trading session. BSE Sensex was up 151 points at 60,837 level while Nifty 50 closed 38 points up at 18,140 level. , Updated at 8:05 am live market updatesDomestic indices are eyeing a strong start to the week, supported by positive global cues. At 8:00 am, the SGX Nifty was up 88 points at the level of 18,223. That said, higher-than-expected retail inflation and slower IIP growth could buoy the markets. primary market update Policybazaar, Sigachi Industries and SJS Enterprises are all set to enter the stock market today.

Meanwhile, the Rs 1,024 crore IPO of Tarson Products, in the Rs 635 to Rs 662 price band, will open for subscription today and close on November 17. global signal

On Friday, US markets brushed off inflation concerns and ended higher.  The Dow Jones and the S&P 500 were up 0.5 per cent and 0.7 per cent, respectively, while the Nasdaq gained one per cent.

Indications from neighboring Asian markets were mostly positive this morning.  The Nikkei was up 0.5 per cent, while the Shanghai Composite, Hang Seng and Straits Times were flat.  The Kospi and Taiwan weighted indices rose nearly one per cent each.

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