Share Market HIGHLIGHTS: Nifty settles at 19,675, Sensex ends 15 pts higher; Bajaj Finance gains 4%, Tata Consumer Products up 3%
Share Market HIGHLIGHTS: Domestic equity benchmarks Nifty 50 and Sensex on Monday, September 25, ended on a muted note amid weakness in information technology (IT), oil & gas, metal, pharma, and auto stocks. S&P BSE Sensex settled 14.54 points, or 0.02 per cent higher at 66,023.69, whereas NSE Nifty ended flat at 19,674.55. In the broader market, the Nifty Mid Cap 100 and Small Cap 100 closed in green. Nifty Bank ended 0.35 per cent higher at 44,766.1.
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 Nifty 50 and Sensex on Monday, September 25, ended on a muted note amid weakness in information technology (IT), oil & gas, metal, pharma, and auto stocks. S&P BSE Sensex settled 14.54 points, or 0.02 per cent higher at 66,023.69, whereas NSE Nifty ended flat at 19,674.55. In the broader market, the Nifty Mid Cap 100 and Small Cap 100 closed in green. Nifty Bank ended 0.35 per cent higher at 44,766.1.
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 | Bajaj twins, Tata Consumer Products rise most in 50-scrip blue-chip basket
Bajaj Twins, Tata Consumer Products and Apollo Hospitals are among the top gainers in the Nifty basket, trading with gains of around 4-2 per cent. On the other hand, Hindalco, SBI Life, Hero MotoCorp and Infy are among the top losers, down nearly 2-1 per cent.
Source: NSE
Nifty Today LIVE | Bajaj Finance, Kotak Bank, ICICI Bank among top movers
Bajaj Finance, Kotak Bank, ICICI Bank, HDFC Bank, and Asian Paints are the top movers in the Nifty baskets at this hour. On the contrary, Infosys, RIL, TCS, L&T, and M&M are among the top drags.
Here's a look at the heatmap in the 50-scrip universe by weight:
Source: NSE
Share Market Tips LIVE | Buy Ramco, Rolex Rings shares, says Vikas Sethi
Vikas Sethi of Sethi Finmart recommends buying Ramco shares for a target of Rs 195 with a stop loss at Rs 175. He recommends buying Rolex Rings shares for a target of Rs 2,300 with a stop loss at Rs 2,190.
Share Market Today LIVE | Maruti Suzuki, PNB, other stocks hit 52-week highs
As many as 12 stocks in the BSE 500 basket — the broadest index on the bourse — reached the milestone.
Security Name | LTP | 52 Weeks High | Previous 52 Weeks High(Price/Date) | All Time High(Price/Date) |
ASTRAZEN | 4,577.35 | 4,642.15 | 4,613.00 (22 Sep 2023) | 4,970.00 (08 Sep 2020) |
BALKRISIND | 2,547.70 | 2,578.25 | 2,577.80 (20 Sep 2023) | 2,724.40 (23 Sep 2021) |
BLUESTARCO | 917.9 | 950 | 945.80 (20 Sep 2023) | 1,554.40 (14 Jun 2023) |
GAEL | 324.5 | 329 | 326.55 (22 Sep 2023) | 393.85 (19 Apr 2022) |
HUDCO | 82.1 | 87.48 | 86.68 (22 Sep 2023) | 102.35 (14 Jul 2017) |
KNRCON | 280.2 | 289 | 286.95 (12 Sep 2023) | 819.90 (13 Oct 2016) |
MAHSCOOTER | 7,870.85 | 7,948.95 | 7,826.90 (05 Sep 2023) | 7,948.95 (25 Sep 2023) |
MARUTI | 10,605.45 | 10,720.00 | 10,624.80 (18 Sep 2023) | 10,720.00 (25 Sep 2023) |
MCX | 1,908.25 | 1,950.00 | 1,876.05 (04 Sep 2023) | 2,134.90 (14 Oct 2021) |
PNB | 79.56 | 79.89 | 79.05 (18 Sep 2023) | 1,395.00 (09 Nov 2010) |
TATAINVEST | 2,961.75 | 3,025.00 | 2,852.45 (22 Sep 2023) | 3,025.00 (25 Sep 2023) |
UNIONBANK | 101.4 | 104.25 | 102.89 (22 Sep 2023) | 426.80 (27 Oct 2010) |
Share Market Today LIVE | Updater Services IPO hits D-St; check out issue price, listing date and other key details you need to know
Chennai-based Chennai-based integrated facilities management service provider Updater Services launched an initial public offer (IPO) on Monday, September 25 to raise up to Rs 640 crore. The IPO comprises fresh issuance of shares worth up to Rs 400 crore, and an offer for sale (OFS) worth up to Rs 240 crore by promoters and existing shareholders.
Updater Services IPO allotment date, Updater Services IPO listing date
The subscription window for the IPO will be open, from 10 am to 5 pm, for three trading days, ending September 27. The basis of the allotment of shares under the IPO is set to be finalised on October 4. Successful bidders will get shares credited into their demat accounts on October 6, whereas other participants will have refunds initiated on the previous day, October 5. The Updater Services stock is likely to be listed on bourses BSE and NSE on October 9.
Updater Services IPO issue price and lot size
The company has set a price range of Rs 280-300 per share for the IPO. Potential investors can bid for the Updater Services stock, under the IPO, in multiples of 50 shares, translating to Rs 14,000-15,000 per lot. Read more
Share Market Today LIVE | Swan Energy's board approves raising Rs 1,435 crore; stock zooms 15%
Shares of Swan Energy, a prominent player in India's industrial sector, surges as much as 15 per cent in the opening deals on Monday, September 25, after its board approved raising Rs 1,435 crore on a preferential basis. The company will issue up to 2.9 crore shares for Rs 495 apiece. With today's rally, the stock has gained for the third straight session. Read more
Share Market Today LIVE | LIC shares under pressure after PSU life insurer receives GST demand notice of Rs 290 crore
Life Insurance Corporation (LIC) shares are under pressure on Monday, after the state-run life insurance giant received a Goods and Services Tax (GST) notice to the tune of Rs 290 crore. The LIC stock declined by as much as Rs 3.7, or 0.6 per cent, to Rs 647.5 apiece on BSE, falling for the fifth session in a row. In a regulatory filing post-market hours on Friday, LIC said the tax notice was from the Bihar- Additional Commissioner State Tax (Appeal), Central Division, Patna. Read more
Share Market Today LIVE | SBI shares slip after lender announces to raise Rs 10,000 crore via infra bond issuance
Shares of SBI are trading 0.92 per cent lower at Rs 592.65 on BSE after the biggest lender in India announced that it was raising Rs 10,000 crore via infrastructure bond issuance. "State Bank of India (SBI), the country’s largest lender, raised Rs. 10,000 crores today at a coupon rate of 7.49% through its fourth infrastructure bond issuance. Read more
Share Market Today LIVE | JSW Infrastructure IPO opens for subscription: Check price band, lot size, share listing date and time on NSE, BSE
The initial public offering (IPO) of JSW Infrastructure - a JSW Group company - opens for subscription today i.e. September 25. The company plans to mop Rs 2,800 crore from the public issue and will use part of the proceeds to repay debt.
JSW Infrastructure IPO: Issue Period
The JSW Infrastructure IPO opens for subscription today and the offer closes on September 27.
JSW Infrastructure IPO: Price Band
The price range for the offer has been fixed at Rs 113 to Rs 119. Read more
Share Market Today LIVE | Delta Corp shares crash 25% as the firm receives Rs 16,822 crore GST notice
Shares of Delta Corp, the gaming and hospitality company that owns and operates casinos and hotels, are in a free fall on Monday, September 25 after receiving a goods and services tax (GST) notice amounting to Rs 16,822 crore.
The stock continues to slide to trade at Rs 144.35, down by 17.63 per cent on BSE. The company received a tax notice under both CGST and SGST, totaling Rs 16,822 crore. The company has been asked to pay Rs 11,139 crore in tax for the period between July 2017 and March 2022. Furthermore, its subsidiaries have received a tax notice worth Rs 5,683 crore. The tax notice is three times the company's market capitalisation of Rs 4,693 crore. Read more
Traders' Diary | Buy, sell or hold strategy on IRCTC, LIC Housing Finance, Lemon Tree, ONGC, Tech Mahindra, over a dozen other stocks today
In this edition of Traders' Diary, the Zee Business research team shares exclusive research on more than a dozen stocks that investors and traders can track on Monday, September 25. Here's a list of 20 stocks that are on analysts Ashish Chaturvedi and Kushal Gupta's radar.
Here's the complete list of investment and trading ideas for the day:
Ashish Chaturvedi
- Buy Apollo Micro Systems shares in the cash segment for a price target of Rs 56 with a stop loss at Rs 53
- Buy Coal India futures for a target of Rs 288 with a stop loss at Rs 280
- Buy the Rs 185 call option of Rs ONGC for a target of Re 1.25 with a stop loss at Re 0.70
- Technical pick: Buy Vedant Fashions shares for a one-month target of Rs 1,400
- Fundamental pick: Buy Gillette India shares for a 10-day target of Rs 6,295. Read more