Stock Market HIGHLIGHTS: Sensex ends 333 pts above day's low, Nifty six pts shy of 17,900; Adani Ent, Ports bleed

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Closing Bell | Sensex up 142 pts at 60,806, Nifty50 six pts shy of 17,900   

The Sensex finishes 142.4 points or 0.2 per cent higher at 60,806.2 and the Nifty settles at 17,893.5, up 21.8 points or 0.1 per cent from its previous close. 

Here's how the headline indices moved through the day:

Sensex

Nifty

Read more on the February 9 session

Stock Market LIVE Update | Metal stocks remain under pressure; Nifty Metal top laggard among NSE's sectoral indices

Here's what the sectoral gauges look like minutes before the closing bell:

MRF Q3 Results | Net profit increases 17% to Rs 175 crore

The tyre manufacturer reports Rs 5,644.6 crore in revenue, up 14.7 per cent compared with the corresponding period a year ago, according to a regulatory filing.

The MRF stock declined by as much as Rs 4,560.7 or 4.9 per cent to Rs 87,650 apiece on BSE after the earnings announcement. 

The company declares an interim dividend of Rs 3 per share, with a record date of February 21.

Read more on MRF dividend payout

MRF shares slump after tyre maker announces Q3 results, dividend

Stock Market LIVE Update | Zomato shares zoom ahead of Q3 results today

Zomato shares are up by Re 1.8 or 3.3 per cent at Rs 56.1 apiece on BSE, having risen by as much as Rs 2.5 or 4.6 per cent to Rs 56.8 apiece earlier in the day. 

According to Zee Business research, Zomato is estimated to report a net loss of Rs 381 crore for the quarter ended December 2022, as against a net loss of Rs 251 crore for the corresponding period a year ago. Its revenue is estimated at Rs 1,831 crore. 

AMFI Data | Mutual fund inflow at Rs 11,373 crore in January, AUM down 0.7% 

Mutual funds' assets under management (AUM) decline 0.7 per cent sequentially to Rs 39.6 lakh crore in January, according to industry body AMFI. 

Here are some highlights: 

• Net inflow in open ended equity fund at Rs 12,550 crore; AUM down 1.2 per cent at Rs 15.1 lakh crore
• Net outflow in open ended debt fund at Rs 10,320 crore; AUM down 0.3 per cent sequentially at Rs 12.4 lakh crore
• Net inflow in open ended hybrid fund at Rs 4490 crore; AUM down 0.1 per cent

Timeout for a cricket update! Ravindra Jadeja puts an end to Steve Smith-Marnus Labuschagne partnership in India vs Australia Test Day 1 LIVE 

Catch minute-by-minute updates of the march on Zeebiz.com's LIVE cricket blog 

Shree Cement shares continue to reel under pressure

Goldman Sachs, JPMorgan and Jefferies have raised their target prices for the cement maker's stock by Rs 100-1,308. CLSA downgraded Shree Cement to 'sell' from 'reduce' and brought down its target by Rs 1,750 to Rs 22,250. 

Read more on Shree Cement shares

Stock Market Tips LIVE | Buy Dalmia Bharat, target Rs 2,000, says Swati Hotkar 

Swati Hotkar of Nirmal Bang Securities suggests buying Dalmia Bharat shares for a target of Rs 2,000 with a stop loss at Rs 1,890. 

Buy Praj Industries, KEI Industries: Arpit Beriwal

Arpit Beriwal of Motilal Oswal Financial Services shares two trading calls: 

• Buy Praj Industries for a target of Rs 390 with a stop loss at Rs 352  
• Buy  KEI Industries  for a target of Rs 1,750 with a stop loss at Rs 1,600

Trent shares zoom with large volumes after mixed results — here's what's pushing the stock higher 

Read more on Trent shares

Stock Market Tips LIVE | Sneha Seth recommends buying Sun Pharma, Reliance shares   

Sneha Seth of Angel One shares two stock picks with Zee Business viewers: 

• Buy Sun Pharma for a target of Rs 1,051 with a stop loss at Rs 990
• Buy Reliance for a target of Rs 2,450 with a stop loss at Rs 2,310 

Stock Market LIVE Today | Gujarat Pipavav, Cummins, Trent rise the most among some 220 gainers in BSE 500 universe

On the flipside, Adani Enterprises, Restaurant Brands Asia, Ambuja, Adani Power, Adani Transmission and Adani Total are the top laggards in the 500-member index. 

More pain for Adani Group as MSCI announces changes to free float status of Adani securities

MSCI says certain investors in Adani group securities should no longer be designated as free float. The research firm is reviewing the status and will announce any changes later in the day.

MSCI, however, added that the changes for Adani stocks associated with MSCI Global Investable Market indices are part of its regular monthly review.

Read more on Adani group stocks

Stock Market Tips LIVE Today | Sumeet Bagadia recommends 'sell' on India Cements

In an interaction with Zee Business Managing Editor Anil Singhvi, Sumeet Bagadia of Choice Broking suggests selling India Cements shares. The stock appears not to be sustaining a bounce amid selling pressure, Bagadia points out. 

He places his targets at Rs 185 and Rs 182, and a stop loss at Rs 194.

Paytm share price history

Read more on Paytm shares

Stock Market LIVE Update Today | Paytm shares slip into the red after touching Rs 700 mark for first time in four months 

The stock of Paytm parent One97 retreats after gaining by as much as Rs 28.1 or 4.1 per cent to Rs 705.7 apiece on BSE within the first few minutes of the session. The stock made a positive start, rising for the fourth session in a row, and crossed the Rs 700 mark for the first time since October 13, 2022 before making a U-turn. 

Here's how Paytm shares are moving in today's trade so far:

Stock Market Tips LIVE Today | Sandeep Wagle recommends buying Mahanagar Gas shares, target Rs 921

Sandeep Wagle, Founder and CEO of Sandeep Wagle Advisory Services, suggests going long on MGL for a target of Rs 921 with a stop loss at Rs 888.

Stock Market LIVE Today | Maruti Suzuki, Tata Motors, UltraTech, Bharti Airtel top Sensex laggards

On the other hand, Bajaj Finance, TCS, Infosys, L&T and PowerGrid are rising the most among the 12 gainers in the 30-scrip basket.

Stock Market LIVE Today | Sensex recovers most of day's losses after falling over 100 pts, Nifty50 hovers around 17,850 

Both headline indices attempt to make it to the green, having recovered much of the day's losses within the first 15 minutes of trade. In early deals, the Sensex fell as much as 126.6 points or 0.2 per cent to hit 60,537.2 on the downside and the Nifty50 slipped to as low as 17,816.9, down 54.9 points or 0.3 per cent from its previous close. 

Here's how the intraday charts are building up for both main indices so far:

Sensex

Nifty50

Stock Market LIVE Today | Sensex, Nifty50 marginally higher in pre-open trade

The Sensex ends the pre-opening session with a gain of 52.1 points or 0.1 per cent at 60,715.9 and the Nifty50 settles at 17,885.5, up 13.8 points or 0.1 per cent from its previous close. 

Anil Singhvi Market Strategy Today: Support for Nifty50 at 17,750-17,825 levels 

Zee Business Managing Editor Anil Singhvi sees a strong buy zone for the benchmark index coming in at 17,650-17,725 levels. 

For the Nifty Bank, he expects support at 41,100-41,275 levels and a strong buy zone in the 40,525-40,675 area. 

Read more on how Anil Singhvi views the market today and what he recommends

Stock Market Tips Today | Should you buy, hold or sell Trent, Shree Cement, Cummins, Piramal Enterprises, Samvardhana Motherson, other stocks today?

Here's a look at what brokerages make of some of the key stocks in focus today. They have lined up targets in the range of Rs 18,860-26,000 for Shree Cement, a day after the cement maker reported a set of quarterly earnings that fell short of analysts' estimates. 

Check out the complete list of brokerage recommendations

Stock Market Update | Sensex rose 378 pts on Wednesday after RBI rate hike, Nifty50 above 17,850

The Sensex finished Wednesday's session 377.8 points or 0.6 per cent higher at 60,663.8 and the Nifty50 at 17,871.7, up 150.2 points or 0.9 per cent from its previous close — both holding on to much of their intraday gains after the RBI announced a hike in the benchmark interest rate along expected lines.

Here's what the headline indices' intraday charts look like:

Sensex

The 30-scrip gauge rose as much as 506.1 points during the session.  

Nifty50

Stock Market LIVE Today | Wall Street indices tumble amid rout in tech stocks; Alphabet (Google) shares slump 7.7% AI bot gives incorrect answer in ad

On Wednesday, the three main Wall Street indices fell amid sharp weakness in tech-focused shares, led by Alphabet (Google). Google shares finished 7.7 per cent lower after the tech giant's new AI chatbot, Bard, delivered an incorrect answer in an online advertisement.

• Dow Jones Industrial Average: down 0.6 per cent
• S&P 500: down 1.1 per cent
• Nasdaq Composite: down 1.7 per cent

Stock Market LIVE Today | Mixed cues from other Asian markets 

Equity markets across in Asia markets are a mixed bag at this hour, following weakness on Wall Street overnight amid persistent concerns about more of hikes in benchmark interest rates. MSCI's broadest index of Asia Pacific shares is flat. 

• Japan's Nikkei 225: down 0.4 per cent
• Singapore's Straits Times: down 0.5 per cent
• South Korea's KOSPI: flat
• Hong Kong's Hang Seng: up 0.5 per cent
• China's Shanghai Composite: up 0.8 per cent 

Stock Market LIVE Today | SGX Nifty futures indicate a flat start ahead on Dalal Street

Singapore Exchange (SGX) Nifty futures — an early indicator of the Nifty50 index — are trading flat at 17,892 at this hour, having gyrated in a range of 85 points around the flatline earlier in the day.

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