Share Market HIGHLIGHTS: Sensex ends 261 pts higher, Nifty reclaims 19,800 amid broad-based buying
Share Market HIGHLIGHTS: Domestic equity benchmarks Nifty50 and Sensex on Tuesday, October 17, edged higher amid broad-based buying and a rebound in global stocks. Moderation in oil prices, too, aided sentiment.
S&P BSE Sensex ended 261.16 points, or 0.39 per cent higher at 66,428.09, and Nifty finished 79.75 points, or 0.4 per cent, at 19,811.5. In the broader market, the Nifty Mid Cap 100 and Small Cap 100 ended in positive territory. Nifty Bank was up 0.42 per cent at 44,409.5.
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 Nifty50 and Sensex on Tuesday, October 17, edged higher amid broad-based buying and a rebound in global stocks. Moderation in oil prices, too, aided sentiment.
S&P BSE Sensex ended 261.16 points, or 0.39 per cent higher at 66,428.09, and Nifty finished 79.75 points, or 0.4 per cent, at 19,811.5. In the broader market, the Nifty Mid Cap 100 and Small Cap 100 ended in positive territory. Nifty Bank was up 0.42 per cent at 44,409.5.
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 ends 261 pts higher, Nifty reclaims 19,800 amid broad-based buying
Nifty 50
Nifty reclaims 19,800 amid broad-based buying, ends 0.4 per cent higher.
Source: NSE
Sensex
Sensex finishes 261 points higher at 66,428.
Source: BSE
Share Market HIGHLIGHTS | BPCL, PowerGrid, SBI Life rise most in 50-scrip blue-chip basket
BPCL, PowerGrid, SBI Life and HDFC Life are among the top gainers in the Nifty basket, trading with gains of around 2 per cent. On the other hand, Tata Motors, L&T, UPL and IndusInd Bank are among the top losers, down nearly 2-1 per cent.
Source: NSE
Share Market Today LIVE | Coal India, GAIL, PowerGrid, other stocks hit 52-week highs
As many as 39 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) |
| APLLTD | 805.1 | 828.5 | 825.00 (20 Sep 2023) | 1,150.00 (18 Dec 2020) |
| ASTRAZEN | 4,767.20 | 4,898.95 | 4,825.00 (11 Oct 2023) | 4,970.00 (08 Sep 2020) |
| BALKRISIND | 2,615.75 | 2,635.05 | 2,617.90 (13 Oct 2023) | 2,724.40 (23 Sep 2021) |
| BSOFT | 553.2 | 556.6 | 548.60 (12 Oct 2023) | 740.00 (02 Jan 2007) |
| CENTURYTEX | 1,199.90 | 1,205.95 | 1,194.50 (13 Oct 2023) | 11,400.00 (03 Feb 1994) |
| COALINDIA | 317.3 | 318.2 | 313.70 (16 Oct 2023) | 447.25 (05 Aug 2015) |
| CSBBANK | 364.6 | 371.5 | 365.65 (16 Oct 2023) | 372.95 (05 Jul 2021) |
| DIXON | 5,478.00 | 5,488.00 | 5,412.35 (16 Oct 2023) | 21,500.00 (15 Mar 2021) |
| GAIL | 131.35 | 132.45 | 132.20 (13 Oct 2023) | 555.00 (01 Jan 2008) |
| GPPL | 139.45 | 142.7 | 141.40 (11 Sep 2023) | 262.00 (06 Apr 2015) |
| HDFCAMC | 2,899.65 | 2,929.00 | 2,910.70 (13 Oct 2023) | 3,844.00 (22 Nov 2019) |
| HOMEFIRST | 957.35 | 980 | 920.00 (17 Aug 2023) | 1,004.40 (16 Aug 2022) |
| IPCALAB | 972.5 | 979.5 | 970.00 (16 Oct 2023) | 2,767.10 (15 Sep 2021) |
| ISEC | 644.2 | 681.45 | 651.80 (07 Sep 2023) | 895.60 (13 Oct 2021) |
| ITI | 314.05 | 318.45 | 296.30 (16 Oct 2023) | 318.45 (17 Oct 2023) |
| KALYANKJIL | 293.5 | 294.95 | 288.95 (16 Oct 2023) | 294.95 (17 Oct 2023) |
| KIOCL | 476.4 | 476.4 | 397.00 (16 Oct 2023) | 506.45 (14 Nov 2017) |
| KPRMILL | 791.45 | 800 | 796.00 (12 Sep 2023) | 2,349.60 (09 Sep 2021) |
| LUPIN | 1,197.70 | 1,215.20 | 1,201.10 (16 Oct 2023) | 2,127.00 (06 Oct 2015) |
| MAHSCOOTER | 8,062.00 | 8,247.00 | 8,220.00 (16 Oct 2023) | 8,247.00 (17 Oct 2023) |
| MEDANTA | 778.8 | 797.4 | 792.80 (16 Oct 2023) | 797.40 (17 Oct 2023) |
| MGL | 1,140.00 | 1,151.85 | 1,148.85 (04 Oct 2023) | 1,345.00 (03 Nov 2017) |
| MHRIL | 464.5 | 469.8 | 464.90 (13 Oct 2023) | 657.90 (07 Jul 2017) |
| MMTC | 87.08 | 89.04 | 84.89 (16 Oct 2023) | 56,931.50 (12 Nov 2007) |
| MOTILALOFS | 1,014.85 | 1,037.95 | 1,025.95 (12 Oct 2023) | 2,270.00 (04 Jan 2008) |
| MRF | 1,11,024.65 | 1,13,379.10 | 112,671.20 (15 Sep 2023) | 113,379.10 (17 Oct 2023) |
| MRPL | 111.63 | 117.7 | 106.70 (16 Oct 2023) | 149.00 (04 Jan 2008) |
| NMDC | 165.05 | 167.55 | 165.75 (16 Oct 2023) | 16,584.10 (06 Nov 2007) |
| OIL | 331 | 334.35 | 324.70 (16 Oct 2023) | 1,635.00 (15 Sep 2010) |
| POLYCAB | 5,466.00 | 5,485.00 | 5,446.70 (16 Oct 2023) | 5,485.00 (17 Oct 2023) |
| POWERGRID | 207.1 | 208.9 | 205.90 (20 Sep 2023) | 266.85 (31 Jul 2023) |
| STARCEMENT | 171.95 | 180.3 | 176.55 (16 Oct 2023) | 180.30 (17 Oct 2023) |
| SUNTV | 643.2 | 651.95 | 649.35 (16 Oct 2023) | 1,849.00 (08 Feb 2007) |
| TATACONSUM | 907.1 | 928 | 917.70 (13 Oct 2023) | 1,220.00 (29 Jun 2010) |
| UNITDSPR | 1,084.10 | 1,097.40 | 1,087.70 (13 Oct 2023) | 4,080.00 (05 Mar 2015) |
| WELCORP | 455.9 | 457.55 | 451.35 (16 Oct 2023) | 537.70 (17 Jan 2008) |
| WELSPUNIND | 133.25 | 134.25 | 132.15 (16 Oct 2023) | 1,007.15 (14 Mar 2016) |
| ZENSARTECH | 548.4 | 576.6 | 575.00 (06 Sep 2023) | 1,723.70 (03 Sep 2018) |
| ZOMATO | 113.8 | 114.05 | 113.25 (12 Oct 2023) | 169.10 (16 Nov 2021) |
Share Market Tips LIVE | Buy Ami Organics, Paras Defence shares, says Vikas Sethi
Vikas Sethi of Sethi Finmart recommends buying Ami Organics shares for a target of Rs 1,320 with a stop loss at Rs 1,220. Besides, he recommends buying Paras Defence shares for a target of Rs 770 with a stop loss at Rs 710.
Share Market Today LIVE | Sandeep Jain remains positive on tyre stocks; CEAT, MRF, Balkrishna, Goodyear among his top picks
Sandeep Jain of Tradeswift Broking remains positive on a bunch of tyre stocks, including CEAT, MRF, Balkrishna Industries and Goodyear.
He finds the risk-reward ratio to be favourable in CEAT, a stock he expects to give an upside to the tune of 15-20 per cent.
Image: Reuters
Share Market Today LIVE | How to trade SBI Card, Aarti Industries now
Shilpa Rout of Prabhudas Lilladher has two stock derivatives recommendations to make the most of the current juncture on Dalal Street:
- Buy SBI Card futures for a target of Rs 840 with a stop loss at Rs 790
- Buy the Rs 500 call option of Aarti Industries at Rs 6 for a target of Rs 11-13 with a stop loss at Rs 4
Share Market Today LIVE | Nifty IT trades over 50 points higher, up 0.2%
Source: NSE
Share Market Today LIVE | A breakout above 19,850 to lead to strong moves towards 19,950-20,000, says Shilpa Rout
Shilpa Rout of Prabhudas Lilladher believes the Nifty is looking positive, with a strong texture, going by its intraday gains this morning. A breakout above crucial resistance at 19,850 will likely be followed by quick moves towards the 19950-20,000 band.
One can participate in the upmove by buying the 19,900 call option at Rs 37-odd levels for a price target of Rs 70 with a stop loss at Rs 20, she says.
Tata Metaliks Q2 Results | Net profit at Rs 44 crore, revenue at Rs 755 crore
Tata Metaliks, a Tata group company that operates in the manufacturing and sale of pig iron and ductile iron pipes, reports a net profit of Rs 44 crore for the September quarter, as against a net profit of Rs 14 crore for the corresponding period a year ago.
Its revenue, however, shrinks 13.9 per cent on a year-on-year basis to Rs 755 crore, according to a regulatory filing.
The company's margin comes in at 12 per cent for the second quarter of the current financial year, as against 4.7 per cent for the year-ago period.
The Tata Metaliks stock gains by as much as Rs 53.4, or 5.6 per cent, to touch a 52-week high of Rs 1,003.5 apiece on BSE, surpassing a recent peak of Rs 1,000 scaled last month.
Image: BSEIndia.com
Share Market Today LIVE | Cyient DLM shares jump over 8% post-Q2 results; here is what management said
Cyient DLM shares jump as much as 8.6 per cent on Tuesday, October 17, to touch the day's high of Rs 748 apiece on BSE. The buying interest in the electronics manufacturing services and solutions provider's stock came after the company posted its September quarter (Q2FY24) numbers. Read more
Stocks to Buy | JSW Steel, Tata Steel among analysts' top picks
In conversation with Zee Business Managing Editor Anil Singhvi, market experts Himanshu Gupta, Rakesh Bansal, Avinash Gorakssakar, Kunal Saraogi and Sumeet Bagadia share their top stock recommendations in this special segment, Pick of the Day. On the top analysts' 'buy' list are stocks such as Tata Steel, CEAT, Bank of Maharashtra and Samvardhana Motherson. Read more
Share Market Today LIVE | Nifty Bank gains over 250 pts, up 0.58%
Source: NSE
Share Market Today LIVE | Buy Bank of Maharashtra shares, says Avinash Gorakssakar
Avinash Gorakssakar of Profitmart Securities is positive on Bank of Maharashtra shares from a medium-term perspective, citing the lender's strong Q2 results. He says that steady credit growth to the tune of 12-13 per cent should aid balance sheet expansion for the bank.
Gorakssakar has placed his target for the stock at Rs 58-60 with a view of 8-12 months.
Share Market Today LIVE | L&T Tech Services shares under pressure ahead of Q2 results today; here is what to expect
L&T Technology Services faces selling pressure on Tuesday as investors awaited the company to announce its financial results for the July-September period later in the day. The LTTS stock weakens by as much as Rs 45.6, or one per cent, to Rs 4,643.5 apiece during the session on BSE.
Analysts expect the engineering research and development (ER&D) service provider to stage a muted performance for the three-month period owing to margin pressure emanating from rising wage expenses. Read more