Share Market HIGHLIGHTS: Sensex ends volatile session down 48 pts, Nifty slips below 19,800; Wipro down 2%, Cipla up 2%
Share Market Today LIVE: Domestic equity benchmarks Nifty 50 and Sensex on Friday, November 24, opened in positive territory amid broad-based buying. 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.coms blog.
Share Market Today LIVE: Domestic equity benchmarks Nifty 50 and Sensex on Friday, November 24, opened in positive territory amid broad-based buying. Globally, expectations that the interest rate in the US and Europe has peaked and foreign buying re-emerging in domestic equities have also aided sentiments.
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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Closing Bell | Sensex ends volatile session down 48 pts, Nifty slips to 19,795; Wipro down 2%, Cipla up 2%
Both headline indices finish the day with minor losses as gains in financial stocks were outweighed by losses in IT and FMCG counters. The Sensex loses 47.8 points, or 0.1 per cent, at 65,970 and the Nifty50 settles at 19,794.7, down 7.3 points from its previous close.
Nifty50
Sensex
Images: NSEIndia.com, BSEIndia.com
Share Market Today LIVE | Nifty slips below 19,800, Sensex trades nearly 50 pts lower
Share Market Today LIVE | DLF, HAL, NTPC hit 52-week highs
As many as 31 stocks in the BSE 500 basket — the broadest index on the bourse — reached the milestone.
Stock CMP 52 Weeks High Previous 52 Weeks High(Price/Date) All Time High(Price/Date) ALKEM 4,565.00 4,591.00 4,574.00 (23 Nov 2023) 4,591.00 (24 Nov 2023) BAJAJ-AUTO 5,911.90 5,948.70 5,945.80 (23 Nov 2023) 5,948.70 (24 Nov 2023) BHEL 152.8 154.5 148.95 (11 Sep 2023) 2,925.00 (07 Nov 2007) BLUESTARCO 996.65 1,004.00 999.00 (20 Nov 2023) 1,554.40 (14 Jun 2023) BOSCHLTD 21,170.30 21,320.00 21,249.95 (23 Nov 2023) 27,989.25 (20 Mar 2015) COLPAL 2,192.35 2,203.50 2,192.55 (23 Nov 2023) 2,203.50 (24 Nov 2023) CSBBANK 373.45 386.95 378.45 (23 Nov 2023) 386.95 (24 Nov 2023) DLF 631.05 641.05 640.95 (21 Nov 2023) 1,225.00 (15 Jan 2008) EXIDEIND 283.1 287.85 287.55 (22 Nov 2023) 388.45 (07 Sep 2006) GICRE 298.65 301.9 272.00 (22 Nov 2023) 895.00 (25 Oct 2017) GRANULES 384.7 388.7 375.95 (17 Nov 2023) 1,017.10 (17 Mar 2015) HAL 2,236.35 2,239.00 2,166.00 (20 Nov 2023) 4,180.00 (11 Sep 2023) HEROMOTOCO 3,544.70 3,580.00 3,575.00 (23 Nov 2023) 4,200.00 (23 Aug 2017) IRB 39.08 39.4 38.90 (20 Nov 2023) 346.95 (25 Oct 2021) JKCEMENT 3,532.55 3,559.15 3,553.15 (20 Nov 2023) 3,836.65 (08 Nov 2021) LODHA 873.55 891.4 890.00 (20 Nov 2023) 1,538.65 (01 Dec 2021) LUPIN 1,239.00 1,241.20 1,239.90 (22 Nov 2023) 2,127.00 (06 Oct 2015) METROPOLIS 1,656.05 1,668.20 1,661.35 (21 Nov 2023) 3,579.00 (30 Dec 2021) NIACL 205.3 207.75 177.70 (22 Nov 2023) 764.25 (30 May 2018) NTPC 255.3 256.7 255.70 (23 Nov 2023) 291.00 (15 Jan 2008) OBEROIRLTY 1,398.30 1,419.95 1,415.00 (21 Nov 2023) 1,419.95 (24 Nov 2023) PHOENIXLTD 2,372.25 2,435.00 2,366.40 (15 Nov 2023) 37,536.25 (21 Sep 2005) PRAJIND 617 627.5 622.00 (23 Nov 2023) 1,103.80 (16 Aug 2005) RATNAMANI 3,559.00 3,617.30 3,580.00 (23 Nov 2023) 3,617.30 (24 Nov 2023) SANOFI 7,995.45 8,089.25 8,070.00 (23 Nov 2023) 9,300.00 (10 Aug 2021) SJVN 84.5 84.8 83.69 (20 Sep 2023) 84.80 (24 Nov 2023) SPARC 274.8 277.55 267.00 (13 Nov 2023) 598.00 (10 Mar 2015) SUVENPHAR 622.3 627.15 623.45 (22 Nov 2023) 825.00 (18 Sep 2020) TRENT 2,649.85 2,687.95 2,664.00 (23 Nov 2023) 2,687.95 (24 Nov 2023) TVSMOTOR 1,798.70 1,818.35 1,784.00 (23 Nov 2023) 1,818.35 (24 Nov 2023) UNOMINDA 687 694.4 688.60 (23 Nov 2023) 1,648.00 (08 Sep 2016) Share Market Today LIVE | Lupin shares near 52-week high after drug maker receives two approvals from US regulator
Lupin shares rise after the US Food and Drug Administration (FDA) approved two products of the Mumbai-based pharmaceutical company. The Lupin stock strengthens by as much as Rs 42.2, or 3.5 per cent, to touch Rs 1,238.5 apiece on the upside on BSE, coming within inches of a 52-week high scaled this week.
The pharma stock helds on to much of its intraday gains with decent volumes, and is one of the main contributors to strength in the Nifty Pharma index. Read more
Share Market Today LIVE | Zomato zooms 94% YTD, Morgan Stanley sees another 24% upside
Shares of Zomato, the food-delivery services platform, gain as much as 2.7 per cent to touch the day's high of Rs 116 apiece on NSE after Morgan Stanley maintained an 'Overweight' stance with a target price of Rs 140 on the counter.
Further, an AlphaWise survey conducted by global brokerage Morgan Stanley on the start-up with regard to its quick delivery highlights that its TAM, or total addressable market, has been cutting across multiple categories. It also mentioned that the company showcases strong growth potential with room to take further shares from alternate channels. Read more
Image: Unsplash
Share Market Today LIVE | Axis Bank shares trade with minor gains as global brokerages divided on the lender's outlook
Shares of Axis Bank trade 0.8 per cent higher at Rs 1,007.05 on NSE after the lender's Analysts Meet on November 23. The lender, in its Analysts Meet, said the investments in long-term distinctiveness have started yielding visible results. Further, it added that the inherent strength is giving the bank the right to win in RuSu markets or rural and semi-urban markets through the Bharat Banking platform.
Global Brokerages' views on Axis Bank
CLSA is bullish on the counter and has maintained its buy call on the stock with a target price of Rs 1,200. The brokerage stated that the lender's GPS (growth, profitability, and sustainability) strategy is on track. Bharat banking is a key growth lever; deposits are a focus area too, it said. The brokerage is bullish on the lender's digital offerings, including continued investments in technology and analytics. Read more
Share Market Today LIVE | Paytm shares slip after 1.57 crore shares change hands
Shares of One 97 Communications, the parent company of Paytm, trade nearly 3 per cent lower at Rs 897.3 apiece on the NSE. The stock witnesses the selling after a block deal of 1.57 crore shares, which translates to 2.5 per cent equity, changed hands via multiple block deals during market opening. Read more
Share Market Today LIVE | Nifty Bank trades nearly 150 pts higher
Source: NSE
Anil Singhvi Market Strategy | Important levels to track in Nifty50, Nifty Bank today
Zee Business Managing Editor Anil Singhvi sees support for the headline Nifty50 index emerging at 19,750-19,785 levels and a strong buy zone at 19,650-19,725 levels on Friday, November 24. For the Nifty Bank, he expects support to come in at 43,450-43,525 levels and a strong buy zone at 43,225-43,325 levels.
Read more on how Anil Singhvi views the Indian share market today and what he recommends
Share Market Today LIVE | TCS shares trade ex-date today
Shares of Tata Consultancy Services (TCS)—the country’s largest IT services company—trade 0.38 per cent lower at Rs 3,495 on the NSE as the counter traded ex-date for the buyback programme via the tender offer route. Read more
Share Market Today LIVE | Here's what market wizard Anil Singhvi says on Cipla shares
Zee Business Managing Editor Anil Singhvi suggests investing in Cipla futures in the range of Rs 1,120-1,145. If recovery comes, upper level for today will be Rs 1210, Rs 1215, he added.
Share Market Today LIVE | Cipla shares show recovery, up nearly 3%
Shares of Cipla on Friday, November 24 gain as much as nearly 3 per cent after Mumbai-based drug maker informed the exchanges that it perceives no material risk to its existing commercial product portfolio in response to the USFDA warning letter for its Pithampur unit. The counter trades 1.42 per cent higher at Rs 1,187.3 on NSE.
Currency Update | Rupee opens nearly unchanged at 83.33 vs dollar
The rupee begins the day at 83.33 against the US dollar, as against its previous close of 83.34.
Share Market Today LIVE | Nifty tops 19,800, Sensex trades flat
Nifty 50
Nifty trades above 19,800, up 0.07 per cent in opening deals.
Source: NSESensex
Sensex trades 23 points higher, up 0.03 per cent in opening deals.
Source: BSE
Stocks to Watch | Lupin, Karnataka Bank, Bajaj Finserv, Coal India, Cipla, Apar Industries, other stocks
Here are some stocks that will be in focus on Friday, November 24:
Lupin: The company received the U.S. Food and Drugs Administration's (USFDA) approval for bromfenac ophthalmic solution used in the treatment of postoperative inflammation. It also got tentative approval for its Canagliflozin tablets.
Karnataka Bank and Bajaj Finserv: The private sector lender has announced a strategic corporate tie-up with Bajaj Finserv's subsidiary- Bajaj Allianz Life Insurance. As per the filing, the collaboration is designed to distribute life insurance products. State-owned CIL, which has imported high-capacity mining equipment worth Rs 3,500 crore in the past five years, has drawn up a plan to phase out such inbound shipments over the next six years.
InterGlobe Aviation (IndiGo): IndiGo expects delivery of A321 XLR planes in late 2024 or early 2025.
LTIMindtree: The company launched and tested its Quantum-Safe VPN link in London in collaboration with Quantum Xchange & Fortinet. Read more
Dividend Stocks | PFC, Manappuram Finance, Natco Pharma among 9 shares to trade ex-date today
A total of nine stocks will trade ex-dividend on Friday, November 24, according to the NSE website. The list includes PFC, Manappuram Finance, Natco Pharma and other stocks.
Esab Indian interim dividend
Esab India has announced an interim dividend of Rs 32 per equity share with a face value of Rs 10. The record date is fixed as November 25.
EMS dividend
EMS has announced an interim dividend of Re 1 per equity share with a face value of Rs 10.
Uniparts Indian interim dividend
Uniparts India has announced an interim dividend of Rs 8 per equity share with a face value of Rs 10.
GPT Infraprojects dividend
GPT Infraprojects has announced an interim dividend of Re 1 per equity share with a face value of Rs 10. Read more
Image: Pixabay/ Representational image
Share Market Today LIVE | GIFT Nifty futures indicate a flat start ahead on Dalal Street
GIFT Nifty futures — an early indicator of the Nifty 50 index — are down 6 points or 0.03 per cent ahead of the opening bell on Dalal Street.
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