Share Market HIGHLIGHTS: Nifty slides below 19,550, Sensex ends 232 pts lower amid broad-based selling; ITC drops 3%
Share Market HIGHLIGHTS: Domestic equity benchmarks Nifty 50 and Sensex on Friday, October 20, settled in negative territory for the third straight session amid broad-based selling. Globally, US Federal Reserve Chair Jerome Powell's comments fanned worries over higher-for-longer interest rates, and the Middle East crisis dented sentiments.
At close, the S&P BSE Sensex was down 231.62 points, or 0.35 per cent, at 65,397.62, and the Nifty was down 82.05 points, or 0.42 per cent, at 19,542.65. In the broader markets, the Nifty Mid Cap 100 and Small Cap 100 ended in red. High-beta Nifty Bank finished flat at 43,723.05.
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 HIGHLIGHTS: Domestic equity benchmarks Nifty 50 and Sensex on Friday, October 20, settled in negative territory for the third straight session amid broad-based selling. Globally, US Federal Reserve Chair Jerome Powell's comments fanned worries over higher-for-longer interest rates, and the Middle East crisis dented sentiments.
At close, the S&P BSE Sensex was down 231.62 points, or 0.35 per cent, at 65,397.62, and the Nifty was down 82.05 points, or 0.42 per cent, at 19,542.65. In the broader markets, the Nifty Mid Cap 100 and Small Cap 100 ended in red. High-beta Nifty Bank finished flat at 43,723.05.
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:
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Share Market HIGHLIGHTS | Nifty slides below 19,550, Sensex ends 232 pts lower amid broad-based selling
Nifty 50
Nifty slides below 19,550, down 0.42 per cent.
Source: NSE
Sensex
Sensex ends 232 points lower, down 0.35 per cent.
Source: BSE
Share Market HIGHLIGHTS | ITC, Tata Steel BPCL emerge as top losers in 50-scrip blue-chip basket
ITC, Tata Steel, BPCL and Divi's are among the top losers, down nearly 3-2 per cent in the Nifty basket. On the other hand, Kotak Bank, IndusInd Bank, SBI Life and TCS are among the top gainers, trading with gains of around 2-1 per cent.
Source: NSE
Share Market Today LIVE | RVNL wins order worth Rs 420 crore; stock up 3%
Shares of Rail Vikas Nigham rise over 3 per cent on Friday, October 20, touching the day's high of Rs 172.65 on the BSE. The uptrend in the stock comes after the company received a Letter of Acceptance (LoA) from the Vadodara Division of Western Railway for an order worth Rs 420 crore. Read more
Share Market Today LIVE | HUL, ITC decline post-Q2 results; here is what brokerages recommend
FMCG majors Hindustan Unilever (HUL) and ITC Ltd trade in the red on Friday, October 20, a day after the companies released their September quarter numbers. HUL shares slips as much as 2.4 per cent to Rs 2,485.05 apiece on the BSE while those of ITC decline 2.7 per cent to Rs 438.
What brokerages suggest
HUL
Morgan Stanley has maintained an 'equal weight' rating on the stock with a target price of Rs 2,502. JP Morgan has maintained 'overweight' on the stock with a target price of Rs 2,800. Jefferies, on the other hand, has given a "hold" call on the stock and has cut the target price to Rs 2,720 from Rs 2,770 earlier. Read more
Share Market Today LIVE | Bombay Burmah Trading Corporation locked in 20% upper circuit: Here’s why
Shares of Bombay Burmah Trading Corporation locks in the 20 per cent upper circuit at Rs 1,420.5 apiece on the BSE. “The formation of “Higher High, Higher Low” has triggered the next breakout in shares of Bombay Burmah Trading Corporation. Furthermore, the sustainability over the 200-weekly moving average (WMA) has led to a new 52-week high, post-delivering steady support for accumulation around Rs 1200 levels,” Avdhut Bagkar, derivatives and technical analyst at StoxBox, said while maintaining a bullish outlook on the counter. Read more
Share Market Today LIVE | Should you buy, sell or hold Mphasis shares after IT solutions firm's Q2 results?
Mphasis shares suffers sharp losses on Friday after the Bengaluru-based IT solutions provider staged a mixed performance for the July-September period. The Mphasis stock falls by as much as Rs 123.1, or 5.5 per cent, to Rs 2,135 apiece on BSE.
EDITOR'S TAKE | Mphasis results a mixed bag
Zee Business Managing Editor Anil Singhvi pointed out that while the company's margin was slightly better than estimates, its revenue as well as profit missed market expectations. Read more
Stocks to Buy | LTIMindtree, PFC, Colgate-Palmolive among analysts' top picks
In conversation with Zee Business Managing Editor Anil Singhvi, market experts Rakesh Bansal, Kunal Saraogi, Siddharth Sedani and Sumeet Bagadia share their top stock recommendations in this special segment, Player of the Day. On the top analysts' 'buy' list are stocks such as United Breweries, Power Finance Corporation (PFC), LTIMindtree and Colgate-Palmolive. Read more
Share Market Today LIVE | Havells India Q2 results fall short of Street estimates; should investors buy, sell or hold the FMEG stock?
Fast moving electrical goods (FMEG) company Havells India's shares faces selling pressure on Friday, a day after the Noida-headquartered firm reported a weak set of financial results for the July-September period. The stock of Havells India stock—which manufactures a host of consumer and industrial goods including fans, lights, water heaters, and professional lighting, wiring, and solar solutions—falls by as much as nearly 5 per cent, to Rs 1,299.45 apiece in morning deals on NSE. Read more
Share Market Today LIVE | Zomato block deal: Around 9.27 crore shares change hands; Softbank likely seller; stock up
Shares of online food delivery major Zomato rises over 2 per cent touching the day's high of Rs 114.35 apiece after around 9.27 crores, or 1.07 per cent, of equity shares changed hands in the pre-open session. According to a Zee Business report, SVF Growth Fund was likely to offload a 1.1 per cent stake, or 93,569,368 equity shares, in the online food delivery major. Read more
Share Market Today LIVE | Nestle India, Bajaj Auto, other stocks hit 52-week highs
As many as 21 stocks in the BSE 500 basket — the broadest index on the bourse — reached the milestone.
| Stock | CMP | 52 Weeks High | Previous 52 Weeks High(Price/Date) | All Time High(Price/Date) |
| ANGELONE | 2,334.80 | 2,344.70 | 2,250.00 (13 Oct 2023) | 2,344.70 (20 Oct 2023) |
| BAJAJ-AUTO | 5,495.45 | 5,514.65 | 5,496.85 (19 Oct 2023) | 5,514.65 (20 Oct 2023) |
| BBTC | 1,420.50 | 1,420.50 | 1,375.70 (14 Sep 2023) | 10,500.00 (01 Sep 1994) |
| COLPAL | 2,094.85 | 2,128.85 | 2,102.60 (19 Oct 2023) | 2,198.50 (15 Apr 2015) |
| CRISIL | 4,200.00 | 4,283.00 | 4,200.00 (19 Oct 2023) | 9,031.95 (27 Jul 2011) |
| CSBBANK | 369.7 | 374 | 371.50 (17 Oct 2023) | 374.00 (20 Oct 2023) |
| EQUITASBNK | 100.05 | 101.85 | 101.16 (27 Jul 2023) | 101.85 (20 Oct 2023) |
| IRB | 36.19 | 37 | 36.55 (18 Oct 2023) | 346.95 (25 Oct 2021) |
| KPRMILL | 827.4 | 838.3 | 828.60 (19 Oct 2023) | 2,349.60 (09 Sep 2021) |
| MAHSCOOTER | 8,342.95 | 8,600.00 | 8,247.00 (17 Oct 2023) | 8,600.00 (20 Oct 2023) |
| MCX | 2,278.35 | 2,280.55 | 2,216.90 (16 Oct 2023) | 2,280.55 (20 Oct 2023) |
| NBCC | 70.1 | 74.3 | 72.43 (19 Oct 2023) | 1,214.50 (06 Aug 2015) |
| NESTLEIND | 24,444.75 | 24,735.50 | 24,228.75 (19 Oct 2023) | 24,735.50 (20 Oct 2023) |
| NIACL | 153.65 | 153.9 | 150.60 (20 Sep 2023) | 764.25 (30 May 2018) |
| PAYTM | 991 | 998.3 | 984.90 (12 Oct 2023) | 1,961.05 (18 Nov 2021) |
| RAMCOCEM | 996.25 | 1,015.60 | 1,014.85 (16 Oct 2023) | 13,500.00 (25 Apr 1996) |
| SONATSOFTW | 1,117.30 | 1,156.00 | 1,147.40 (11 Sep 2023) | 2,936.60 (16 Feb 2000) |
| SUVENPHAR | 592 | 600 | 595.00 (13 Oct 2023) | 825.00 (18 Sep 2020) |
| SUZLON | 31.5 | 32.25 | 32.10 (19 Oct 2023) | 2,300.00 (09 Jan 2008) |
| TATAMTRDVR | 444.65 | 449 | 448.55 (16 Oct 2023) | 940.25 (11 Nov 2010) |
| WELSPUNIND | 136.65 | 140.05 | 139.90 (19 Oct 2023) | 1,007.15 (14 Mar 2016) |
Share Market Today LIVE | Nifty Bank turn flat, off day's low
Source: NSE
Share Market Today LIVE | Nifty Bank turn flat, off day's low
Source: NSE
Share Market Today LIVE | Nifty Bank turn flat, off day's low
Source: NSE
Share Market Today LIVE | Nifty Bank turn flat, off day's low
Source: NSE