Share Market HIGHLIGHTS: Nifty 50 comes within 14 pts of 17,000, Sensex ends 127 pts higher as bulls take charge of Street from bears after two days

Share Market HIGHLIGHTS: Indian equity benchmarks Nifty 50 and Sensex managed to halt a two-day losing streak with a mild gain on Monday, March 27, as Dalal Street entered a four-trading session week owing to the Ram Navami holiday on Thursday. The rise in the Indian share market comes amid mixed moves across global peers, as optimism about resilience of the banking sector following the Silicon Valley Bank (SVB) and Credit Suisse crisis is countered by the prospect of higher-for-longer interest rates. Catch HIGHLIGHTS of all the action in the Indian share market on March 27, 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: Nifty 50 comes within 14 pts of 17,000, Sensex ends 127 pts higher as bulls take charge of Street from bears after two days
Share Market HIGHLIGHTS: Nifty 50 and Sensex halted a two-day losing streak on Monday as the Indian share market entered a holiday-truncated week on account of Ram Navami on March 30. | Image: Pixabay

Share Market HIGHLIGHTS: Indian equity benchmarks Nifty 50 and Sensex managed to halt a two-day losing streak with a mild gain on Monday, March 27, as Dalal Street entered a four-trading session week owing to the Ram Navami holiday on Thursday. The rise in the Indian share market comes amid mixed moves across global peers, as optimism about resilience of the banking sector following the Silicon Valley Bank (SVB) and Credit Suisse crisis is countered by the prospect of higher-for-longer interest rates.

Here are some of the headlines in focus on Dalal Street:

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Meanwhile, US-based Hindenberg targeted Twitter co-founder Jack Dorsey's Block Inc — a second major report since its accusations of stock manipulation and misuse of offshore tax havens by the Adani conglomerate rocked the Indian share market, even as Adani group denied any wrongdoing. The Adani group dismissed the Hindenburg report as baseless, and called the allegations "unsubstantiated speculations".

Catch HIGHLIGHTS of all the action in the Indian share market on March 27, 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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27 Mar 2023, 4:16 PM (IST)

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27 Mar 2023, 4:10 PM (IST)

Share Market Update | Nifty 50 ends volatile day within 14 pts of 17,000, Sensex up 127 pts as market halts 2-day losing streak

Both headline indices finish the volatile day with gains to the tune of 0.2 per cent. The Nifty rises 40.7 points or 0.2 per cent for the day to end at 16,985.7, having broadly moved within the 16,900-17,100 band through the session. The Sensex closes with a gain of 126.8 points at 57,653.9 after gyrating in a range of more than 600 points around the flatline in intraday trade.

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

Nifty 50 

nifty live share market today

Image: NSE

Sensex

 

sensex live share market today

 

Image: BSE

 

 
The 30-scrip index was in the green for much of the session. 

27 Mar 2023, 3:22 PM (IST)

Share Market LIVE Today | Biocon shares surge, hold on to day's gains as stock comes out of F&O ban

Biocon shares jump by Rs 9.2 or 4.6 per cent to touch Rs 208 apiece at the strongest level of the day, as the stock of the biotech company comes out of a derivatives ban. 

Biocon share price today BSE NSE LIVE

Image: BSE

27 Mar 2023, 3:18 PM (IST)

Global Market LIVE | Dow Jones futures indicate a positive start ahead in US stock market today

The futures contracts of the three main US share market — the Dow Jones Industrial Average, the S&P 500 and the Nasdaq Composite — indicated a mildly positive start ahead on Wall Street at 7:00 pm India time today:

  • Dow Jones: up 102 points or 0.3 per cent at 32,536
  • S&P 500: up 12.8 points or 0.3 per cent at 4,014
  • Nasdaq Composite: up 14.8 points or 0.1 per cent at 12,905 

27 Mar 2023, 3:14 PM (IST)

Global Market LIVE | European shares rebound on easing banking sector woes; Stoxx 600 up nearly 1%

European markets begin the day well in the green, as investors overlooked fears about contagion in the global banking system, after the collapse of Credit Suisse and two US mid-sized lenders, Silicon Valley Bank (SVB) and Signature Bank. The pan-European Stoxx 600 index is up by 4.3 points or one per cent at 444.4 at this hour. 

Investors are drawing comfort from news that First Citizens BancShares Inc will acquire SVB's deposits and loans.

  • US's FTSE 100: up 41.1 points or 0.6 per cent at 7,446.6
  • France's CAC: up 61.6 points or 0.9 per cent at 7,076.7
  • Germany's DAX: up 154.9 points or one per cent at 15,112.2

27 Mar 2023, 2:25 PM (IST)

Share Market LIVE: Lupin, Glenmark Pharma, RVNL rise most among 180 gainers in BSE 500 basket

On the contrary, IEX, PNB Housing and Trident are among the top laggards.  

sensex live share market today

27 Mar 2023, 1:08 PM (IST)

EXPLAINED | What a dividend yield really is and how to calculate it 

Do you know what a dividend yield — often talked about and chased aggressively in Dalal Street — really means?

Capital appreciation and dividends are two main sources of returns for a shareholder. Not only do dividend-paying stocks interest investors, but they also act as a barometer of a company's health and profitability.

Typically, a high dividend-paying company draws market attention, as investors want to be rewarded for their holdings regularly and generously.

Read more on dividend yields 

27 Mar 2023, 12:07 PM (IST)

Share Market LIVE Today | Healthcare stocks top gainers in midcap, smallcap segments 

 

Overall market breadth is extremely positive at this hour, with an advance-decline ratio of 2:5 as 1,030 stocks are holding on to the green and 2,479 struggling below the flatline on BSE.

Here's a look at some of the top gainers and losers from the midcap and smallcap segments

GAINERS

Diagnostic shares:

  • Vijaya Diagnostic: up 7.6 per cent
  • Metropolis: up 2.4 per cent
  • Fortis Health: up 1.4 per cent
  • Thyrocare: up 1.4 per cent

Pharma shares:

  • Lupin: up 4.3 per cent
  • Biocon: up 3.7 per cent
  • Glenmark Pharma: up 3.5 per cent
  • Strides Pharma: up 3.2 per cent

Hospital shares:

  • KIMS: up two per cent 
  • Apollo Hospitals: up 1.6 per cent
  • Fortis Healthcare: up 1.3 per cent

TOP LOSERS 

Auto ancillary stocks: 

  • PPAP Auto: down five per cent
  • Bharat Gears: down 3.5 per cent
  • Mahindra CIE: down three per cent
  • JTEKT India: down 2.7 per cent

Cement shares:

  • Mangalam Cement: down four per cent
  • JK Lakshmi Cement: down 3.5 per cent
  • Deccan Cements: down 2.9 per cent
  • HeidelbergCement: down 2.5 per cent

Sugar stocks:
Triveni Engineering: down five per cent
Andhra Sugar: down 3.4 per cent
Renuka Sugars: down 2.7 per cent
Avadh Sugar: down 2.8 per cent

Chemical stocks:

  • Rossari Biotrch: down 5.3 per cent
  • Valiant Organics: down 4.8 per cent
  • Camlin Fine Sciences: down three per cent
  • India Glycol: down three per cent

Fertiliser shares:

  • NFL: down five per cent
  • FACT: down 3.6 per cent
  • Madras Fert: down 3.4 per cent
  • Zuari Agro: down 2.6 per cent

Liquor stocks:

  • SULA Vineyards: down 3.5 per cent
  • GM Breweries: down 2.1 per cent
  • Tilaknagar Industries: down 1.8 per cent

27 Mar 2023, 10:47 AM (IST)

Sensex LIVE | Reliance, Infosys, ITC, HDFC Bank, Sun Pharma top boosts for 30-scrip index

Here's a glance at the heatmap in the Sensex basket at noon: 

sensex live share market today

27 Mar 2023, 10:39 AM (IST)

RBI MPC meets from April 3 to April 6: MPC may decide to announce another rate hike of 25 bps, say economists

The RBI Governor Shaktikanta Das-led Monetary Policy Committee (MPC) is widely expected to go for a repo rate hike of 25 basis points in its bi-monthly review due next week. Economists point out that consumer inflation remaining beyond the RBI's comfort zone is the primary reason behind such a move amid a steadily hawkish stance in the US most global peers.

The MPC is set to meet from April 3 to April 6 to consider various domestic and global factors before deciding on the key interest rate.

Read more on what to expect from RBI next week

 

27 Mar 2023, 10:30 AM (IST)

Global Market Today | Dow Jones futures rise over 100 pts; S&P 500, Nasdaq futures follow suit

Is US stock market set for a positive start today? 

Here's what the futures contracts of the three main US share market indices — the Dow Jones Industrial Average, the S&P 500 and the Nasdaq Composite — suggest in Asian trade at this hour: 

  • Dow Jones: up 132 points or 0.4 per cent at 32,566
  • S&P 500: up 18.5 points or 0.5 per cent at 4,019.8
  • Nasdaq Composite: up 46.8 points or 0.4 per cent at 12,937 

27 Mar 2023, 10:25 AM (IST)

Nifty LIVE | Headline index rises 100 pts to 17,045 led by Reliance, HDFC Bank, Infosys 

The Nifty adds 99.9 points or 0.6 per cent to touch 17,044.9 at the strongest level of the day so far, with Reliance, HDFC Bank, HDFC, Infosys and Larsen & Toubro (L&T) being the biggest contributors to the gain. 

Here's how the intraday chart is building up for the index:

nifty live share market today

Image: NSE

27 Mar 2023, 9:28 AM (IST)

Nifyt LIVE | ONGC, Hindalco, Apollo Hospitals rise most among 39 gainers in 50-scrip blue-chip basket

Top Nifty 50 gainers

StockCMPChange (%)
ONGC152.21.8
HINDALCO394.81.7
APOLLOHOSP4,347.41.5
RELIANCE2,232.61.3
DRREDDY4,5191.2

Top Nifty 50 losers

StockCMPChange (%)
EICHERMOT2,882.8-0.9
M&M1,141.5-0.8
ADANIENT1,734.4-0.4
TATAMOTORS415.5-0.2
SBILIFE1,110.5-0.2

27 Mar 2023, 9:13 AM (IST)

Share Market Today LIVE | Nifty 50 comes within nine pts of 17,000 mark, Sensex rises 138 pts to touch 57,665  

Both headline indices rise about one-third of a per cent in early deals following a not-so-sharp opening as indicated by Singapore Exchange (SGX) Nifty futures. The Nifty gains to as high as 16,991.1, up 46.1 points from its previous close, and the Sensex climbs up to as high as 57,664.7, up 137.6 points from its previous close. 

27 Mar 2023, 9:12 AM (IST)

Share Market Today LIVE | Nifty 50, Sensex edge higher in pre-open market

In the pre-opening sesson on Dalal Street,the Nifty 50 finishes with a gain of 39.3 points or 0.2 per cent at 16,984.3, and the Sensex settles at  57,566.9, up 39.8 points or 0.1 per cent from its previous close. 

 

27 Mar 2023, 8:38 AM (IST)

Anil Singhvi Market Strategy | A strong buy zone for Nifty50 benchmark at 16,825-16,925 levels  

Zee Business Managing Editor Anil Singhvi sees support emerging for the Nifty Bank at 39,300-39,400 levels, and a strong buy zone in the 39,050-39,150 band, as the Indian share market enters a four-session trading week owing to the Ram Navami holiday on March 30.

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

27 Mar 2023, 7:58 AM (IST)

Global Market LIVE | Asian markets give up initial gains amid persistent concerns about health of banking system

Equities in major other markets across Asia shares are largely in the red in early hours on Monday. Investors globally are still worried of contagion after the sudden collapse of Silicon Valley Bank and the takeover of the troubled Credit Suisse by UBS with a provision to write down $17 billion of Credit Suisse bonds, as reflected in a sustained fall in Deutsche Bank shares amid focus shifting to the next of vulnerable institutions.
 
The collapse of the institution, which few had on their radar screens, served as a reminder of how quickly confidence can erode in banks.
 
Meanwhile, US-based Hindenburg Research targeted Twitter co-founder Jack Dorsey's Block Inc — a second major report since its accusations of stock manipulation and misuse of offshore tax havens by the Adani conglomerate rocked the Indian share market. 
 
MSCI's broadest index of Asia-Pacific shares outside Japan is down 0.7 per cent at this hour.
  • China's Shanghai Composite: down 0.8 per cent
  • Japan's Nikkei 225: up 0.3 per cent
  • Singapore's Straits Times: up 0.8 per cent
  • Hong Kong's Hang Seng: down two per cent
  • South Korea's KOSPI: down 0.2 per cent

27 Mar 2023, 7:57 AM (IST)

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