Share Market HIGHLIGHTS: Sensex finishes 126 pts lower, falls for 2nd day, Nifty slides to 19,751; Tata Motor zooms 5%
Share Market HIGHLIGHTS: Domestic equity benchmarks extended losses to a second straight session on Friday, October 13, dragged by IT and financial shares through gains in auto stocks arrested the fall. Both headline indices declined 0.2 per cent for the day. The Sensex shed 125.7 points to end at 66,282.7 and the Nifty lost 43 points to settle at 19,751.1.
Twenty-seven stocks in the Nifty basket finished the day below the flatline, with Axis Bank, Adani Enterprises, Infosys, State Bank of India (SBI) and Wipro being the worst hit with losses to the tune of 1-2 per cent. On the flipside, Tata Motors, IndusInd Bank, HCL Tech, Tata Consumer Products and Nestle India were the top gainers, rising between around 2-5 per cent for the day.
The high-beta Nifty Bank index dropped 0.7 per cent to finish at 44,288. Broader indices Nifty Midcap 100 and Smallcap 100 fell 0.12 and 0.44 per cent, respectively. Overall market breadth was largely neutral, as 1,805 stocks rose and 1,859 fell on BSE.
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 extended losses to a second straight session on Friday, October 13, dragged by IT and financial shares through gains in auto stocks arrested the fall. Both headline indices declined 0.2 per cent for the day. The Sensex shed 125.7 points to end at 66,282.7 and the Nifty lost 43 points to settle at 19,751.1.
Twenty-seven stocks in the Nifty basket finished the day below the flatline, with Axis Bank, Adani Enterprises, Infosys, State Bank of India (SBI) and Wipro being the worst hit with losses to the tune of 1-2 per cent. On the flipside, Tata Motors, IndusInd Bank, HCL Tech, Tata Consumer Products and Nestle India were the top gainers, rising between around 2-5 per cent for the day.
The high-beta Nifty Bank index dropped 0.7 per cent to finish at 44,288. Broader indices Nifty Midcap 100 and Smallcap 100 fell 0.12 and 0.44 per cent, respectively. Overall market breadth was largely neutral, as 1,805 stocks rose and 1,859 fell on BSE.
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 | Sensex finishes 126 pts lower, Nifty slides to 19,751
Nifty 50
Nifty slides to 19,751, down 0.22 per cent.
Source: NSE
Sensex
Sensex finishes 126 points lower at 66,283.
Source: BSE
Share Market HIGHLIGHTS | Axis Bank, Adani Enterprises, Infosys emerge as top losers in 50-scrip blue-chip basket
Axis Bank, Adani Enterprises, Infy and SBI are among the top losers, down nearly 2-1 per cent in the Nifty basket. On the other hand, Tata Motors, HCL Tech, IndusInd Bank and Tata Consumer Products are among the top gainers, trading with gains of around 5-2 per cent.
Source: NSE
Share Market Today LIVE | Nifty IT trades over 200 pts lower, down 0.63%
Source: NSE
Share Market Today LIVE | HDFC AMC shares hit 52-week high on strong Q2 show
Shares of HDFC Asset Management company, HDFC AMC, climb over 5 per cent intraday on Friday (October 13) to scale a fresh 52-week high of Rs 2,910.70 per share on BSE. The sharp gains in the stock were triggered after the company’s strong Q2 show. Read more
Share Market Tips LIVE | Buy Religare Enterprises, MTAR Tech shares, says Vikas Sethi
Vikas Sethi of Sethi Finmart recommends buying Religare Enterprises shares for a target of Rs 260 with a stop loss at Rs 230. Besides, he recommends buying MTAR Tech shares for a target of Rs 2,675 with a stop loss at Rs 2,540.
Nifty Today LIVE | Tata Motors, HCL Tech, TCS among top movers
Tata Motors, HCL Tech, TCS and IndusInd Bank are the top movers in the Nifty baskets at this hour. On the contrary, Infosys, Axis Bank, SBI and HDFC Bank are among the top drags.
Here's a look at the heatmap in the 50-scrip universe by weight:
Source: NSE
Share Market Today LIVE | NMDC clocks 52-week high; here’s what’s driving the mining giant’s stock
NMDC shares scaled a 52-week high on Friday amid growing investor optimism about the government’s plan to privatise NMDC Steel. Zee Business learned from sources that interested parties may soon be allowed to visit state-run mining giant NMDC’s Nagarnar Steel Plant (NSP), in which the government intends to sell a 50.79 per cent stake. Read more
Share Market Today LIVE | Multibagger midcap telecom stock hits new 52-week high amid high volumes
Shares of ITI surge to a 52-week high on Friday (October 13) amid heavy trading volume. The stock spurted as much as 14 per cent to Rs 257.5 apiece, surpassing an existing 52-week high registered on Tuesday. Read more
Share Market Today LIVE | Dr Reddy's Labs Hyderabad facility gets 9 observations from US drug regulator; shares fall
Shares of Dr Reddy's Laboratories slip as much as 2.3 per cent in Friday's trading session on BSE, touching the day's low at Rs 5400.05 apiece. Selling pressure in the stock can be attributed to the US Food and Drug Administration (USFDA) issuing nine observations for the company's biologics manufacturing facility at Bachupally in Hyderabad. Read more
Share Market Today LIVE | Nifty Bank slips below 44,300, down 0.69%
Source: NSE
Share Market Today LIVE | Angel One hits all-time high as brokerage woos investors with strong Q2 show
Angel One shares surge to a record high on Friday on the back of the brokerage house’s strong financial performance in the second quarter of the current financial year. The stock of Angel One gains by as much as Rs 146.4, or seven per cent, to Rs 2,250 apiece on BSE, surpassing a peak registered the previous day and adding to a series of all-time highs registered this month. Read more
Share Market Today LIVE | HDFC Life shares rise as investors await life insurer’s Q2 results today; here’s what to expect
HDFC Life Insurance Company, NSE: HDFC Life Insurance company (HDFCLIFE) shares register mild gains on Friday, October 13, ahead of the private sector insurance company’s quarterly financial results due later in the day. HDFC Life shares gains as much as one per cent to Rs 630.8 apiece on NSE. Analysts expect the company to stage a steady financial performance for the July-September quarter with double-digit growth in net profit as well as net premium income. Read more
Stocks to Buy | Hindustan Unilever, IndiGo, Tata Consumer Products among analysts' top picks
In conversation with Zee Business Managing Editor Anil Singhvi, market experts Sacchitanand Uttekar, Kunal Saraogi, Vikas Sethi, Rajesh Palviya, Rakesh Bansal, Siddharth Sedani and Sumeet Bagadia share their top recommendations for the day in this special segment, Player of the day.
On the top analysts' 'buy' list are stocks such as Interglobe Aviation (IndiGo), Tata Consumer Products, RailTel Corporation of India, Mahindra & Mahindra, Sbi Life Insurance, GNFC (Gujarat Narmada Valley Fertilisers & Chemicals), TVS Motor, Ashiana Housing, Petronet LNG and Hindustan Unilever (HUL). Read more
Stocks to Buy | Hindustan Unilever, IndiGo, Tata Consumer Products among analysts' top picks
In conversation with Zee Business Managing Editor Anil Singhvi, market experts Sacchitanand Uttekar, Kunal Saraogi, Vikas Sethi, Rajesh Palviya, Rakesh Bansal, Siddharth Sedani and Sumeet Bagadia share their top recommendations for the day in this special segment, Player of the day.
On the top analysts' 'buy' list are stocks such as Interglobe Aviation (IndiGo), Tata Consumer Products, RailTel Corporation of India, Mahindra & Mahindra, Sbi Life Insurance, GNFC (Gujarat Narmada Valley Fertilisers & Chemicals), TVS Motor, Ashiana Housing, Petronet LNG and Hindustan Unilever (HUL). Read more