Stock Market Highlights: Sensex surges over 300 points, Nifty settles around 18,200; metal index gains 2%
Benchmark BSE Sensex and NSE Nifty closed on a bearish note on the last trading day of 2022 due to fag-end selling in select banking, IT and capital goods shares.
Stock Market Today LIVE: Equity benchmarks started the first day of trade of the New Year on a positive note and ended with smart gains, propelled by buying in index majors Reliance Industries and ICICI Bank amid a firm trend in European markets.
The 30-share BSE Sensex climbed 327.05 points or 0.54 per cent to settle at 61,167.79 on Monday. During the day, it jumped 382.05 points or 0.62 per cent to 61,222.79.
The broader NSE Nifty advanced 92.15 points or 0.51 per cent to end at 18,197.45.
From the Sensex pack, Tata Steel, Tata Motors, ICICI Bank, Axis Bank, Mahindra & Mahindra, Reliance Industries, NTPC and Bharti Airtel were the prominent winners.
However, Asian Paints, Titan, Tech Mahindra, Nestle and Hindustan Unilever were among the major laggards.
Latest Updates
Stock Market Live: Sensex surges over 300 points, Nifty settles around 18,200
Sensex surged 327 points to 61,167 and Nifty settled around 18,200 on the first trading session of 2023.
Stock Market Live: Gold above Rs 55,000 on MCX
Gold on Monday, January 2, traded above Rs 55,000-mark on Multi Commodity Exchange. At 2 PM, February Gold Futures quoted at Rs 55,110 per 10 grams, flat by Rs 93 or 0.17 per cent. Silver on the other hand, was near Rs 70,000 per kg on the MCX.
Stock Market Live: Nifty Metal rises 2%
The Nifty Metal index gained over 2 per cent, led by Tata Steel, SAIL.
Stock Market Live: Tata Motors up 1.7 per cent
Tata Motors registered total sales of 2,28,169 units in Q3FY23, grew by 14 per cent over the quarter. The company's shares have risen 1.74 per cent to trade at Rs 394.85.
Stock Market Today Live: PTC India share dividend 2022
Power trading solutions provider PTC India on Monday said its shareholders have approved a final dividend of Rs 5.80 per equity share for 2021-22. This final dividend is in addition to the interim dividend of Rs 2 per equity share, a company statement said.
Stock Market Today Live: Sanjiv Bhasin's strategy
Veteran market expert and IIFL Securities director Sanjiv Bhasin on Monday, January 2, predicted that the Nifty50 won't stop before 18,500 as he said that Indian markets are showing resilience. READ MORE
Stock Market Live: Nifty top gainers, top losers
On the NSE Nifty index, Tata Steel, Hindalco, ONGC, ICICI Bank and Tata Motors are among top gainers. Bajaj Auto, Asian Paints, Hero MotoCorp, Cipla, and Divis Lab are among top laggards.
Stock Market Today Live: Punjab & Sind Bank falls
The Board of Punjab & Sind Bank approved raising Rs 250 crore within 12 months via the issue of equity shares and/or Basel III compliant bonds. The share price of the bank has dropped 3.41% in trade today.
Stock Market Today Live: Bank Nifty rises
The banking stocks index Bank Nifty jumped over 320 points to trade at 43,305 on Monday.
Stock Market Today Live: Rupee falls 5 paise
Rupee falls 5 paise to 82.66 against US dollar in early trade.
Stock Market Today Live: MCX down by over 6%
Stock Market Today Live: Sensex, Nifty open in green
Sensex, Nifty started the first trading session of the year 2023 on a positive note. While Sensex gained 80 points, Nifty was above 18,100.
Stock Market Today Live: Pre-open session
Sensex rises around 30 points and Nifty above 18,130 in the pre-open session.
Stock Market Today Live: Stocks under F&O ban on NSE
The National Stock Exchange has not added any stock under its F&O ban list for 2 January.
Macquarie on TVS Motor - Maintain Outperform, Target Rs 1,260
Demand recovery in domestic and export markets along with market share gains. It will aid volume growth Aggressive E2W ramp-up plans to bode well for medium-term growth.
Stock Market Today Live: Tanla Platforms Share Buyback
Tanla Platforms shares buyback through a tender route will end today, January 2. In September, the board approved the Rs 170 crore buyback programme.
Stock Market Today Live: SGX Nifty hints at negative start
Nifty futures on the Singapore Exchange traded 42 points, or 0.22 per cent, lower at 18,183.
Stock Market Today Live: First trading day of 2023
Good morning readers. Today is the first trading day of the year 2023. I am Raghwendra Shukl and will keep you updated with all the latest developments in the stock markets throughout the day.
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