Share Market HIGHLIGHTS: Sensex ends 496 pts higher, Nifty50 reclaims 21,600 led by IT, FMCG, auto stocks
Share Market HIGHLIGHTS: Domestic equity benchmarks Nifty50 and Sensex strengthened on Friday, January 19, bouncing back after three consecutive days of losses on Dalal Street, amid largely positive signals from global markets as robust US labour market data offered the latest evidence of strength in the world's largest economy.
Catch latest updates on Q3 results season here
Catch all the highlights of the January 19 session on Dalal Street, market commentary and analysis, the views of Zee Business Managing Editor Anil Singhvi and other experts, stock recommendations, and much more only on Zeebiz.com's blog:
Share Market HIGHLIGHTS: Domestic equity benchmarks Nifty50 and Sensex strengthened on Friday, January 19, bouncing back after three consecutive days of losses on Dalal Street, amid largely positive signals from global markets as robust US labour market data offered the latest evidence of strength in the world's largest economy.
Catch latest updates on Q3 results season here
Catch all the highlights of the January 19 session on Dalal Street, market commentary and analysis, the views of Zee Business Managing Editor Anil Singhvi and other experts, stock recommendations, and much more only on Zeebiz.com's blog:
Latest Updates
Share Market Today: ONGC, Bharti Airtel, NTPC, Tech Mahindra, SBI Life rise most among 43 Nifty50 gainers
Here are some of the top gainers and losers at the end of the day:
| Stock | Jan 19 close | Change (%) |
| ONGC | 241.85 | 3.55 |
| BHARTIARTL | 1,123.00 | 3.31 |
| NTPC | 308.85 | 3.19 |
| TECHM | 1,390.65 | 2.62 |
| SBILIFE | 1,441.00 | 2.57 |
| BRITANNIA | 5,142.35 | 2.54 |
| COALINDIA | 384.55 | 2.37 |
| TATASTEEL | 134.1 | 2.37 |
| M&M | 1,653.30 | 2.23 |
| TITAN | 3,816.00 | 2.18 |
| ADANIENT | 2,915.30 | -0.12 |
| HDFCBANK | 1,474.90 | -0.76 |
| KOTAKBANK | 1,760.90 | -0.92 |
| INDUSINDBK | 1,560.50 | -3.25 |
Share Market Today: Nifty Oil & Gas top gainer among NSE sectoral indices, up 1.7%; Nifty Bank flat
| Index | Jan 19 close | Change (%) |
| NIFTY OIL & GAS | 10,359.00 | 1.66 |
| NIFTY METAL | 7,732.35 | 1.35 |
| NIFTY FMCG | 56,640.50 | 1.23 |
| NIFTY PSU BANK | 5,945.10 | 1.15 |
| NIFTY AUTO | 18,694.60 | 1.07 |
| NIFTY IT | 37,069.25 | 0.92 |
| NIFTY HEALTHCARE INDEX | 11,005.90 | 0.73 |
| NIFTY REALTY | 868.5 | 0.7 |
| NIFTY FINANCIAL SERVICES | 20,425.35 | 0.5 |
| NIFTY CONSUMER DURABLES | 31,848.20 | 0.46 |
| NIFTY PHARMA | 17,388.00 | 0.33 |
| NIFTY BANK | 45,701.15 | -0.03 |
| NIFTY PRIVATE BANK | 23,537.75 | -0.28 |
| NIFTY MEDIA | 2,369.90 | -0.96 |
Share Market Today: Sensex ends 496 pts higher, Nifty reclaims 21,600; most sectors in green; ONGC, Bharti Airtel jump up to 4%
Share Market Today LIVE: Preparing for the weekend already? Well, market participants have until 12:30 pm tomorrow before they can relax; BSE, NSE are all set to conduct a special trading session on Saturday
Did you know that stock exchanges BSE and NSE will conduct a special trading session this Saturday, January 20?
The special session, which will begin normally at 9:15 am and conclude at 12:30 pm, has been organised to test a disaster recovery site.
Trading will be conducted normally in the cash as well as derivative segments on this day, according to separate circulars issued by the bourses.
Share Market Today LIVE: Hindustan Zinc shares jump moments after Vedanta subsidiary reports Q3 results
Hindustan Zinc Ltd (HZL) reports a consolidated net profit of Rs 2,028 crore for the October-December period, a decline of 5.9 per cent on a year-on-year basis. Its revenue shrinks to Rs 7,067 crore for the third quarter of the current financial year from Rs 7,628 crore a year ago, according to a regulatory filing.
HZL shares build on their intraday gains moments after the release of the earnings report, rising by as much as Rs 11.9, or 3.8 per cent, to Rs 323.7 apiece on BSE.
Image: BSEIndia.com
Share Market Today LIVE: Soni Patnaik shares two derivatives recommendations
Soni Patnaik of JM Financial Services suggests buying two call options:
- Buy the Rs 4,500 call option of Hero MotoCorp at Rs 35-37 levels for a target of Rs 65 with a stop loss at Rs 20
- Buy the Rs 3,050 call option of HAL at Rs 60 for targets of Rs 100 and Rs 120 with a stop loss at Rs 35
Share Market Today LIVE: Central Bank of India net profit jumps 57% to Rs 718 crore; shares jump
Central Bank of India reports a standalone net profit of Rs 717.9 crore for the October-December period as against a standalone net profit of Rs 458.2 crore for the corresponding period a year ago.
Central Bank of India (CENTRALBK) shares rise as much as 2.3 per cent to Rs 54 apiece on BSE minutes after the earnings announcement, coming within Rs 2 of a 52-week high touched in September last year.
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Image: BSEIndia.com
Share Market Today LIVE: Buy DCM Shriram shares, says Vishvesh Chauhan
Vishvesh Chauhan of Chase Alpha Investment Advisors has a 'buy' call on DCM Shriram shares.
The analyst has placed his targets for the stock at Rs 1,150 and Rs 1,240 over a 3-6-month horizon with a stop loss at Rs 933.
Share Market Today LIVE: Ambareesh Baliga has a positional 'buy' call on Archean Chem
Independent market analyst Ambareesh Baliga suggests buying Archean Chemical Industries (ACI) shares for a positional target of Rs 780 apiece from a perspective of 9-12 months.
Share Market Today LIVE: Around 45 companies all set to report their October-December (Q3 FY24) results today; HUL, HZL, Paytm on the list
Here's the list of corporates that are scheduled to announce their quarterly earnigns reports during the course of the day:
- ATUL
- AVANTEL
- AXITA
- AXTEL
- CENTRALBK
- CESC
- COLABCLOUD
- CREDITACC
- FUTSOL
- GALACTICO
- GBLINFRA
- GLFL
- HATSUN
- HINDUNILVR
- HINDZINC
- HTMEDIA
- INTENTECH
- KEYCORP
- MADHUDIN
- MAYUKH
- MORARKFI
- ONWARDTEC
- OXFORDIN
- PAYTM
- PONNIERODE
- PRIMESECU
- RAHME
- RBLBANK
- RELIANCE
- SCBL
- SECURCRED
- SGFIN
- SHEETAL
- SHISHIND
- SHREDIGCEM
- SIGACHI
- SUNTECK
- SUPREMEIND
- TANAA
- TEJASNET
- ULTRACEMCO
- VIRINCHI
- WENDT
- ZSVARAJT
- ZSVTRADI
Share Market Today LIVE: Wondering how to trade M&M, Apollo Tyres, Oil India, Infosys and Bharat Electronics today? Check out what experts suggest
In conversation with Zee Business Managing Editor Anil Singhvi, market experts Rakesh Bansal, Kunal Saraogi, Sumeet Bagadia, Rajesh Palviya and Sandeep Wagle share their top stock recommendations in this special segment, Pick of the Day.
For instance, Rakesh Bansal of Rakesh Bansal Ventures recommends buying Infosys shares for a target of Rs 1,685 with a stop loss at Rs 1,620, and Sumeet Bagadia of Choice Broking suggests grabbing Mahindra & Mahindra (M&M) shares for targets of Rs 1,640 and Rs 1,650 with a stop loss at Rs 1,600.
Catch the full list of experts' stock recommendations for the day here
Share Market Today LIVE: Poonawalla Fincorp (POONAWALLA) shares zoom to record high after company stages strong Q3 show, declares dividend
Poonawalla Fincorp shares jump by as much as Rs 28.3, or 5.7 per cent, to Rs 520 apeice on BSE, a day after the company reports its highest-ever quarterly net profit as well as disbursement.
After market hours on Thursday, the NBFC reported a 77per cent jump in net profit with 63 per cent growth in net interest income.
The company's assets under management (NII) increased 58 per cent, according to a regulatory filing.
Its board declared an interim dividend of Rs 2 per equity share.
Share Market Today LIVE: Newly-listed Innova Captab shares hit record high after quarterly results
Innova Captab (INNOVACAP) shares are firmly in the green after hitting a record high of Rs 590 apiece. The recently-listed stock is up 4.6 per cent at Rs 542.6 apiece at this hour, having registered a high of Rs 590 apiece earlier in the day.
After market hours on Thursday, the company reported a 22.5 per cent in net profit with 16.8 per cent growth in revenue for the quarter ended December.
Its quarterly margin improved by 150 basis points on a year-on-year basis to 14.3 per cent.
Share Market Today LIVE: Home First Finance shares hit record high after strong quarterly performance
Home First Finance Company India (HOMEFIRST) shares jump as much as 7.8 per cent to an all-time high of Rs 1,058.8 apiece on BSE.
On Thursday, the NBFC reported a 34 per cent jump in net profit with 20 per cent growth in net interest income (NII) for the October-December period.
The company's assets under management (AUM) increased 33.5 per cent to Rs 9,014 crore.
Market Today LIVE: Gold futures inch higher to test Rs 61,900/10 grams mark
Gold futures (February 5) are up by Rs 101, or 0.2 per cent, at Rs 61,870 apiece, having risen to as high as Rs 61,920 apiece earlier in the day.
Globally, the yellow metal is headed for its biggest weekly drop in six, amid a robust dollar and higher bond yields as US central bankers push back against expectations of early rate cuts amid signs of resilience in the world's largest economy.
- Spot gold: barely changed at $2,022.1 per ounce (down 1.3 per cent for the week)
- US gold futures: up 0.1 per cent at $2,024.1 per ounce
Image: Reuters