Skip to main content

Stock Market Update - Sensex Gain; Nifty Near Record High, Maruti Suzuki Gains

Maruti Suzuki Gains After BofA Securities Upgrades Stock Rating Shares of Maruti Suzuki rose as much as 1.9 percent to Rs 7,276.50 after BofA securities upgraded the stock rating and hiked price target.

Sensex Extends Gain; Nifty Near Record High Indian equity benchmarks extended opening gains to trade at day’s high. The S&P BSE Sensex rose as much as 370 points or 0.9 percent to hit an all-time high at 41,308.61. The NSE Nifty 50 rose as much as 0.86 percent to 12,157.50, about one-point away from its record high of 12,158.80. 

The broader markets represented by the NSE Nifty 500 Index rose as much as 0.73 percent. The NSE Nifty Bank Index, too, hit an all-time high at 32,213.35 after gaining as much as 0.75 percent.

NIIT Technologies Jumps The Most In Three Months Shares of the IT services provider rose as much as 7.1 percent, the most since August, to Rs 1,577.50. The Noida-based firm's board will consider a proposal for share-buyback on Dec. 23, according to its exchange filing. The trading volume was 14 times its 20-day average for this time of the day, Bloomberg data showed.

NEWS ALERT | 

1. SAT directs Axis Bank to approach SEBI for relief in Karvy Broking Case: CNBC TV18
-- Status quo to be maintained w.r.t shares in Karvy's Demat account until SEBI passes an order

Alert: SAT is Securities Appellate Tribunal 

2. SC court stays Bombay HC judgment, allows for the Project to resume in part: CNBC TV18
-- Partially lifts stay on construction of Mumbai Coastal Road Project

-- Marginal relief for the Rs 14,000 cr Mumbai Coastal Road Project

3. Infy Deputy CFO Jayesh Sanghrajka withdraws resignation: CNBC TV18 quoting unnamed sources
-- He will stay as Deputy CFO with additional responsibilities. 

Alert: Infosys declined to comment

Rupee at day's high: The Indian rupee is trading near day's high level at 70.88 per dollar.

Whirlpool of India slips 6% after MD Sunil D'Souza steps down - Shares of Whirlpool of India slipped 6 percent to Rs 2,122 on the BSE on Tuesday after the consumer durable maker's Managing Director Sunil D'Souza resigned from the company.


Sensex | Market News | Rupee | Dollar | Nifty | NIIT Tech 
Labels:

Comments

  1. Moneyplant Research27 January 2020 at 15:32

    Thank you so much for posting news
    ncdex jeera tips

    ReplyDelete
  2. Dariya14 March 2020 at 18:41

    nice information thanks for sharing valuable content with us we also provide great information related to your blog feel free to visit our Forex market

    ReplyDelete
  3. Ady14 August 2020 at 14:58

    Thanks for sharing valuable information.
    G M Breweries Ltd
    Bharat Petroleum Corp. Ltd
    Shoppers Stop Ltd
    63 Moons Technologies Ltd

    ReplyDelete

Post a Comment

Popular posts from this blog

Stock Market Update - Avanti Feeds Gains, Tata Group Stocks Trade Mixed

Orient Electric Halts Two-Day Gaining Streak, Shares Fall 6% Shares of Orient Electric fell as much as 5.7 percent to Rs 184.05, halting a two-day gaining streak. The stock advanced 21 percent in the past 12 months compared to a 14 percent gain in the Sensex. Tata Group Stocks Trade Mixed After NCLAT Order Shares of the Tata Group companies traded mixed after the National Company Law Appellate Tribunal ruled that his dismissal as chairman of Tata Sons Ltd. was illegal. While restoring him to his original position as executive chairman of the Tata Group’s holding company, the NCLAT held that the resolution by Tata Sons board removing Mistry was illegal. Essel Propack Surges 16% To Record High Shares of Essel Propack rose as much as 16 percent, the most since Jan. 28, 2019, to hit an all-time high at Rs 175.45. Trading volume was more than seven times its 20-day average, Bloomberg data showed.  The Relative Strength Index was above 70, indicating that the stock may...
4 comments
Read more

Stock Market News - Yellow metal hits fresh record high as Iran attacks US forces

On the MCX, gold contracts for February were trading higher by Rs 562, or 1.38 percent, at Rs 41,225 per 10 gram at 0920 hours. It hit a record high of 42,278 per 10 gm. India Gold February futures hit a fresh record high on January 8 tracking gains in international spot prices which surged past $1,600 an ounce mark after Iran fired rockets at Iraqi airbase which hosts US forces that triggered risk-off sentiment. Spot prices hit their highest since March 2013 at $1,610.90 earlier in the session. US gold futures rose 2 percent to $1,605.80. “The jump in the price of what’s viewed by investors as a safer asset in times of political and economic uncertainty came after Iran’s missile attack on US-led forces in Iraq early on Wednesday,” said a Reuters report. “The attack came hours after the funeral of an Iranian commander whose killing in a US drone strike has raised fears of a wider conflict in the Middle-East,” it said. On the MCX, gold contracts for February were trading...
4 comments
Read more

Share market updates: Sensex falls 200 points, Nifty open lower at 10,850;Eicher Motors down 5%

Share market LIVE: The benchmark equity indices – Sensex and Nifty – opened on a lower note Wednesday even as the domestic markets rallied yesterday. The S&P BSE Sensex Index declined 0.6% intraday to 36,035.78 and the NSE Nifty 50 Index fell 0.38 percent to trade near 10,850. IT stocks — Tech Mahindra (1.13%) and Wipro (1.09%) — are the major gainers today. Eicher Motors leads the index losers list with a loss of 5.63%. Coal India, TATA Motors, Jet Airways, NMDC, LIC Housing Finance, Power Grid, and Glenmark Pharma are among the major stocks that will remain in focus throughout the day. Bharti Airtel share price ended the session 2.7% higher to 312.55, while HDFC share price gained by more than 1.9% to Rs 2,008. Yes, Bank share price zoomed more than 2% to hit the day’s high at Rs 185.90. Eicher Motors Worst Performer On Nifty After December Sales Fall 13%. Shares of Eicher Motors fell as much as 5.8 per cent, the most in over two months, to Rs 21,860. The comp...
Post a Comment
Read more