SHARE MARKET HIGHLIGHTS: Sensex slips 140 pts, Nifty settles at 19,694; tech stocks rally

Thank you! That's all today on Zeebiz.com's blog on the Indian share market

For all other news related to business, politics, tech, sports and auto, follow us on Twitter, Facebook, LinkedIn and Instagram. 

Share Market HIGHLIGHTS | Sensex slips 140 pts, Nifty settles at 19,694

Nifty 50

Source: NSE

Sensex

Source: BSE

Nifty Today LIVE | Bajaj Finance, M&M, L&T among top drags in Nifty 50

On the contrary, Bharti Airtel, HCL Tech, TCS and Kotak Bank are among the top movers.

Here's a look at the heatmap in the 50-scrip universe by weight:

Source: NSE

Share Market Today LIVE | Up to 230% returns in a year, should you add Titan, Kalyan Jewellers, and other jewellery stocks to your portfolio?

Kalyan Jewellers, Thangamayil Jewellery, Senco Gold, and Titan Company are a few of the jewellery stocks that have shined in a year while giving investors up to 230 per cent returns. Kalyan Jewellers India has gained over 230 per cent in a year, and Thangamayil Jewellery has rallied over 180 per cent. 

Listed in July 2023, Senco Gold has also been moving fast and has risen over 72 per cent in the just three months. Titan Company has given a return of over 28 per cent in a year. However, from a long-term view of five years, the stock has rallied over 257 per cent. 

So what's boosting the rally in these jewellery stocks?

According to analysts, many factors have driven the rally: 

• Festivals like Diwali, Dusshera, and Dhanteras boosted market sentiment.
• Geo-political tensions in the Middle East.
• Interest rate hikes to curb inflation.

"The persistently high inflation has attributed to a strong spike in gold prices, resulting in improved price realisation," said Ravi Singh, Market Expert. Read more

Share Market Today LIVE | ESAF Small Finance Bank rises after newly-listed firm reports strong Q2 results

ESAF Small Finance Bank (ESAFSFB) shares are in demand on Monday after the newly-listed small finance lender reported a largely strong set of quarterly numbers. The shares of Kerala-based ESAF Small Finance Bank—which entered the listed universe this month—gain by as much as Rs 2.7, or four per cent, to Rs 71.6 apiece on BSE, coming within Rs 3 of an all-time high hit on its first day on Dalal Street. Read more 

Share Market Today LIVE | Nykaa shares extend rally to scale 11-month high

Nykaa shares gain over 5.5 percent to hit an 11-month high on Monday on NSE.

Share Market Today LIVE | Nifty Bank trades sluggish

Source: NSE

Share Market Today LIVE | Buy SAIL, Canara Bank shares, says Sneha Seth

Sneha Seth of Angel One shares two trade recommendations with Zee Business viewers:-

• Buy SAIL shares for a target of Rs 94 with a stop loss at Rs 88
• Buy Canara Bank shares for a target of Rs 417 with a stop loss at Rs 395

Stocks to Buy | HUL, Divi's Labs, Vodafone Idea among analysts' top picks

In conversation with Zee Business Managing Editor Anil Singhvi, market experts Himanshu Gupta, Rakesh Bansal, Kunal Saraogi, Mehul Kothari, Sandeep Jain and Sumeet Bagadia share their top stock recommendations in this special segment, Pick of the Week. On the top analysts' 'buy' list are stocks such as Hindustan Unilever Ltd (HUL), Vodafone Idea, Indian Energy Exchange (IEX), Exide Industries, IRB Infrastructure Developers and Divi's Laboratories. Read more

Share Market Today LIVE |US drug regulator completes inspection at Aurobindo Pharma subsidiary's Telangana facility; shares clock 52-week high

Aurobindo Pharma (AUROPHARMA) shares gain to a 52-week high on Monday after the US Food and Drug Administration (FDA) completed a pre-approval inspection at the Telangana manufacturing facility of the pharmaceutical company's subsidiary, APL Healthcare, with no observations. The stock of Hyderabad-headquartered Aurobindo Pharma gains by as much as Rs 17.4, or 1.7 per cent, to Rs 1,024.9 apiece on BSE, coming within Rs 39 of an all-time high scaled in May 2021. Read more 

Share Market Today LIVE | SBI Card shares up as the firm believes RBI’s diktat will open new opportunities

Shares of SBI Cards and Payment Services trade higher by 0.85 per cent at Rs 739.1 apiece on the NSE after the RBI’s crackdown on unsecured personal loans and new credit norms.

Given the RBI’s new directives on unsecured loans, the company’s capital adequacy ratio will reduce by up to 4 per cent and in case the need arises, the company will augment its Tier 2 capital and there is no need to raise equity, SBI Card said. Read more 

Share Market Today LIVE | Hero MotoCorp hits a 52-week high after Delhi High Court gives Munjal relief against ED probe

In the first trading session after the Delhi High Court stays the Enforcement Directorate's proceedings against Hero MotoCorp executive chairman Pawan Munjal, the shares of the automaker hit a 52-week high of Rs 3,367.9. Read more 

Traders' Diary | Buy, sell or hold strategy on IRCTC, SBI Life, RITES, Cipla, Oberoi Realty, 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, November 20. Here's a list of 20 stocks that are on analysts Varun Dubey and Kushal Gupta's radar.

Here's the complete list of investment and trading ideas for the day:

Kushal Gupta

• Buy Newgen Software shares in the cash segment for a price target of Rs 1,290 with a stop loss at Rs 1,235
• Buy Exide Industries futures for a target of Rs 290 with a stop loss at Rs 277
• Buy the Rs 1,000 call option of Aurobindo Pharma at Rs 22 for a target of Rs 40 with a stop loss at Rs 16
• Technical pick: Buy SBI Life shares for a target of Rs 1,456 with a stop loss at Rs 1,400
• Fundamental pick: Buy NMDC shares for a target of Rs 173 with a stop loss at Rs 165
• Investment idea: Buy Tata Consumer Products shares for a one-year target of Rs 1,150. Read more

Share Market Today LIVE | Mankind Pharma hits an all-time high after inclusion in FTSE Global Indices

Mankind Pharma shares hit an all-time high of 1,988 on NSE after it was included in large cap at the FTSE Global Indices. Read more 

Currency Update | Rupee rises 2 paise to 83.24 against US dollar in early trade

Share Market Today LIVE | Nifty, Sensex trade flat

Nifty 50

Nifty trades near 19,750, down 0.01 per cent in opening deals.

Source: NSE

Sensex

Sensex trades down 49 points at 65,746 in opening deals.

Source: BSE

Stocks to Watch | Mazagon Dock Shipbuilders, Cipla, Kalyan Jewellers among stocks to track today

Zee Business will take you to the list of stocks that will remain in focus today:

Cipla: The pharma major has received a warning letter from the USFDA for the routine current Good Manufacturing Practices (cGMP) inspection conducted at its Pithampur facility.

Kalyan Jewellers: The company’s subsidiary has acquired the remaining 30 per cent stake in Kalyan Jewellers LLC, Oman.

GMR Airports: As per media reports, GMR Airports look to raise Rs 1950 crore at 13.27 per cent yield.

Bank of Baroda: The PSB plans to raise Rs 10000 crore capital via Tier II bonds and infrastructure bonds. Read more

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 coming in at 19,625-19,675 levels and a strong buy zone at 19,500-19,575 levels on Monday, November 20. For the Nifty Bank, he expects support to emerge in the 43,275-43,425 band followed by a stronger base at 42,900-43,125 levels. 

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

Dividend Stocks | Mazagon Dock, Cochin Shipyard, Aurobindo Pharma, Balrampur Chini Mills among 8 stock to trade ex-date today

A total of eight stocks will trade ex-dividend on Monday, November 20, according to the NSE website. The list includes Mazagon Dock, Cochin Shipyard, Aurobindo Pharma, Balrampur Chini Mills and other stocks. 

Balrampur Chini dividend 2023 record date

Balrampur Chini Mills has announced an interim dividend of Rs 3 per equity share with a face value of Re 1. The record date is also fixed as November 20.

Dolat Algotech dividend

Dolat Algotech has announced an interim dividend of Re 0.15 per equity share with a face value of Re 1.

Anupam Rasayan dividend

Anupam Rasayan has announced an interim dividend of Re 0.5 per equity share with a face value of Rs 10.

Mazagon Dock Shipbuilders dividend 2023 record date

Mazagon Dock Shipbuilders has announced an interim dividend of Rs 15.34 per equity share with a face value of Rs 10. Read more

Share Market Today LIVE | GIFT Nifty futures indicate a sluggish start ahead on Dalal Street

GIFT Nifty futures — an early indicator of the Nifty 50 index — are up 7 points or 0.04 per cent at 19,810 ahead of the opening bell on Dalal Street.

Good morning! Welcome to Zeebiz.com's blog on the stock market today

Follow this space to catch minute-by-minute market action, the views of Zee Business Managing Editor Anil Singhvi  and other experts, investment ideas, stock picks, brokerage calls and much more through the day. 

Happy trading, and happy investing!