Share Market HIGHLIGHTS: Sensex ends 445 pts below day high, Nifty gives up 17,500; most Adani stocks bleed
Stock Market HIGHLIGHTS: Indian equity benchmarks Sensex and Nifty50 see-sawed between gains and losses before finishing lower on Friday, as the market entered a new monthly derivatives series. Both headline indices extended losses to the sixth session in a row. Investors awaited a key India GDP data due next week for domestic cues.
Stock Market HIGHLIGHTS: Indian equity benchmarks Sensex and Nifty50 see-sawed between gains and losses before finishing lower on Friday, as the market entered a new monthly derivatives series. Both headline indices extended losses to the sixth session in a row. Investors awaited a key India GDP data due next week for domestic cues.
Meanwhile, the Ukraine crisis was in focus, with Russia's invasion of Ukraine entering a second year. Catch more on one year of Russia-Ukraine war
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Share Market Update | Sensex ends 142 pts lower, Nifty50 gives up 17,500; most Adani stocks fall
The Sensex ends the see-saw session with a cut of 141.9 points or 0.2 per cent at 59,463.9, having gyrated in a range of almost 600 points around the flatline during the session. The Nifty50 settles at 17,465.8, down 45.5 points or 0.3 per cent from its previous close after broadly moving in the 17,400-17,600 band in intraday trade.
Here's how the headline indices moved through the day:
Sensex
Nifty50
India GDP Due Next Week | Economy estimated to expand 7% in 2022-23, says Finance Ministry January 2023 review
Despite the global economy operating under an extremely challenging macroeconomic environment, such as geopolitical tensions in Europe, spiralling energy, food as well as fertiliser prices, monetary tightening and inflationary trends, the Indian economy is estimated to grow seven per cent on a year-on-year basis for the current financial year, according to a monthly review by the finance ministry. (Read more on Indian economy)
SpiceJet Q3 Results: Net profit soars over 2.5 times to Rs 110.5 crore, shares fly higher
SpiceJet shares surge by as much as Rs 5.4 or 15.3 per cent to Rs 40.8 apiece on BSE.
Share Market Update | IRFC shares correct 31% from peak. Good time to buy now?
Indian Railway Finance Corporation (IRFC) shares touched their latest 52-week high in November 2022. Market expert Ambareesh Baliga has a 'buy' call on the railways-related stock with a target price of Rs 32.
Nifty LIVE | HDFC twins, L&T, Hindalco, ITC, Adani Enterprises, M&M top drags
Here's a look at the heatmap in the 50-scrip universe:
Share Market Tips LIVE | Sameet Chavan shares HDFC AMC, Indus Towers call option recommendations
Sameet Chavan of Angel One has three call option recommendations for Zee Business viewers:
- Buy the 40,300 call option of Nifty Bank for a target of Rs 395 with a stop loss at Rs 62
- Buy the Rs 1,900 call option of HDFC AMC for targets to the tune of Rs 60-80 with a stop loss at Rs 21
- Buy the Rs 170 call option of Indus Towers for a target of Rs 8-10 with a stop loss at Rs 1.9
Sensex LIVE | Asian Paints, Bajaj Finserv, NTPC, Axis Bank rise most among 10 gainers; M&M, Tata Steel, Tata Motors among top losers
Sensex LIVE | HDFC Bank, HDFC, Larsen & Toubro, ITC, TCS among stocks posing maximum pressure on 30-scrip index
Multibagger | Smallcap stock zooms on strong results, dividend announcement; should you pick?
The stock has more than doubled in the past one year.
Do you have it in your stock portfolio? Find out here
Stocks to buy in March F&O series | A list of shares analysts recommend as D-Street enters a new month
As Dalal Street enters the March F&O series, in conversation with Zee Business Managing Editor Anil Singhvi, top analysts share a list of stocks you can buy or sell in the new month.
Check out the complete list of stocks you can buy in March F&O series
NSE subsidiary launches municipal bond index
NSE’s index services subsidiary, NSE Indices, has launched the country’s first ever municipal bond index, according to a company statement.
The debt securities index will track the performance of municipal bonds issued by Indian municipal corporations across maturities, it adds.
Read more on NSE municipal bond index
Stock Market Tips LIVE | Sneha Seth recommends buying IEX shares
Sneha Seth of Angel One has a 'buy' call on IEX for a target of Rs 150 with a stop loss at Rs 141.
Share Market LIVE Today | Sensex, Nifty50 turn flat amid volatile trade
Sensex
Nifty50
Nifty LIVE | Nifty50 cracks below 17,500; Divi's, Asian Paints, ONGC, Bajaj Finserv, Axis Bank, Nestle top laggards
Top Nifty50 losers
Stock CMP Change (%) ADANIENT 1,277.8 -7.6 HINDALCO 416.6 -4.6 JSWSTEEL 685.3 -2.3 EICHERMOT 3,195.0 -1.5 TATASTEEL 110.5 -1.4 Top Nifty50 gainers
Stock CMP Change (%) DIVISLAB 2,926.0 1.8 ASIANPAINT 2,750.3 1.6 ONGC 152.7 1.3 BAJAJFINSV 1,361.6 1.1 NESTLEIND 18,793.9 0.8 Stock Market Tips LIVE | Infosys, Wipro, Asian Paints among seven stocks analysts recommend for up to 29% return in short term
Stock Market LIVE Today | Adani Tansmission, Adani Green, Adani Total locked in lower circuit as majority of group stocks continue to face selling pressure
Stock Change (%) CMP Adani Transmission (ADANITRANS) -5 711.9 Adani Green Energy (ADANIGREEN) -5 486.8 Adani Total Gas (ATGL) -5 753.6 Adani Power (ADANIPOWER) -4.2 148 Adani Enterpses (ADANIENT) -3.5 1335.7 NDTV -2 194.9 Adani Wilmar (AWL) -2 367.3 ACC 0.1 1730.5 Adani Ports (ADANIPORTS 0.6 555.5 Ambuja Cements (AMBUJACEM) 2 343.7 Stock Market LIVE Today | SpiceJet shares firmly in the green ahead of results today
SpiceJet shares gain more than three per cent to touch Rs 36.5 apiece on BSE, ahead of the airline's financial results due later in the day.
Share Market LIVE Today | KSB shares zoome on strong results, dividend announcement
KSB shares skyrocket after the company reports a strong set of quarterly results and announces a dividend.
The stock strengthens by as much as Rs 165.6 or 8.9 per cent to Rs 2,016.7 apiece on BSE, crossing the Rs 2,000 level in intraday trade for the first time since December 1.
Stock Market Tips LIVE | Buy, sell or hold strategy on SBI, ICICI Bank, Infosys, Tech Mahindra, PB Fintech, 15 other stocks in today's instalment of Traders' Diary
In this edition of Traders' Diary, the Zee Business research team shares exclusive research on 20 stocks that investors and traders can track on the first day of the March F&O series. Check out which stocks are on analysts Varun Dubey and Kushal Gupta's radar and what they recommend.
- Varun Dubey suggests buying KSB shares in the cash segment for a target price of Rs 1,900 with a stop loss at Rs 1,830
- Kushal Gupta suggests buying West Coast Paper shares in the spot market for a target of Rs 485 with a stop loss at Rs 465
Check out the complete list of their stock recommendations
Share Market LIVE Today | Sensex, Nifty50 hold on to the green led by financial, IT stocks
Both headline indices rise as much as 0.5 per cent in the first 30 minutes of trade. The Sensex gains 303 points to touch 59,908.8 at the strongest level of the day so far, and the Nifty50 climbs to as high as 17,599.8, up 88.5 points from its previous close.
Here's how their intraday charts are building up:
Sensex
Nifty50
Share Market Series Update | Dalal Street enters March F&O series; Nifty50 sheds 381 pts in Feb series
The Indian share market is now in the March series of derivatives (futures and options), after the 50-scrip headline index finished the February series with a loss of 380.7 points or 2.1 per cent.
The Sensex lost 599.3 points or one per cent in the series gone by.
Share Market LIVE Today | Sensex up over 250 pts in pre-open market, Nifty nine pts shy of 17,600
The Sensex finishes the pre-opening session at 59,859.5, up 253.7 or 0.4 per cent from its previous close, and the Nifty with a gain of 80.1 points or 0.5 per cent at 17,591.4.
Global Market Update | Dow Jones, Nasdaq Composite, S&P 500 finished Thursday's choppy session higher after US GDP, jobless claims data
The three main Wall Street indices ended a choppy session on February 23 in the green, with the S&P 500 closing higher after four days of losses, amid easing fears about steep hikes in interest rates after the release of official GDP and jobless claims data.
- Dow Jones Industrial Average: up 0.3 per cent
- S&P 500: up 0.5 per cent
- Nasdaq Composite: up 0.7 per cent
US equities have been volatile this year, pulling back in February after a strong January as investors tried to figure out what the Fed will do with benchmark interest rates. Hawkish comments from policymakers have been interspersed with data pointing to a strong American economy.
Anil Singhvi strategy for February 24 | Support for Nifty50 at 17,350-17,450 levels on first day of March F&O series
Zee Business Managing Editor Anil Singhvi expects support a strong buy zone for the Nifty50 benchmark in the 17,250-17,300 area on February 24, the first trading session on Dalal Street in the March derivatives series.
Read more on how Anil Singhvi views the market and what he recommends
Share Market LIVE Today | SGX Nifty futures indicate a higher start on Dalal Street
Singapore Exchange (SGX) Nifty futures — an early indicator of the Nifty50 index — are up 54.5 points or 0.3 per cent at 17,645.5 at this hour, having risen as much as 63 points earlier in the day.
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