NIFTY Financial News

Nifty PSU Bank index jumped over 2% on Friday's trading session after JP Morgan decided to include Indian government bonds in its widely watched emerging-market debt index. Shares of Central Bank of India, Canara Bank, Indian Bank , Union Bank of India, and Bank of Baroda gained 4% to 5% on Friday's session. Canara Bank share price and Union Bank of India shares touched new 52-week high today, while State Bank of India shares were trading close to their 52-week high.

Tesla's India entry being a question of when, not if, Dalal Street investors have found another reason to turn bullish on auto stocks, and ancillaries in particular. Tesla, which was looking to source $1.7-1.9 billion worth of auto parts from India this year, is said to be exploring the possibility of bringing its auto parts and electronics chain to India. Wherever Tesla sets up a base, it does so with its entire supplier base. “Tesla already last year bought $1 billion of components I think… this year the target is $1.7 or $1.9 billion," commerce and industry minister Piyush Goyal had said last week. Earlier in June this year, Tesla CEO Elon Musk said the company could soon be setting up a manufacturing base in India.

The NSE Nifty index traded 21.15 points up at 19763.5, while BSE Sensex was up 91.84 points at 66322.08 as of 11:20AM(IST)on September 22. In the Nifty index, Tech Mahindra Ltd.(up 2.01 per cent), State Bank of India(up 2.01 per cent), IndusInd Bank Ltd.(up 1.93 per cent), Coal India Ltd.(up 1.91 per cent) and Tata Consumer Products Ltd.(up 1.81 per cent) were among the top gainers. On the other hand, Dr.

Transformers and Rectifiers(India)(up 4.23%), JSW Energy(up 3.45%), SJVN(up 2.60%), NHPC(up 1.81%), PTC India(up 1.28%), Gujarat Industries Power(up 1.28%), Energy Development Company(up 1.23%), Hitachi Energy India(up 0.99%), DPSC(up 0.60%) and Jaiprakash Power Ventures(up 0.48%) were among the top gainers. RTNPOWER(down 4.35%), Power & Instrumentation(Gujarat)(down 2.42%), KPI Green Energy(down 1.88%), KEC International(down 1.83%), Power Grid Corporation of India(down 1.64%), Alstom T&D India(down 1.55%), Inox wind(down 1.50%), Inox Wind Energy(down 1.35%), Kalpataru Projects International(down 1.29%) and NLC India(down 0.85%) were among the top losers. The NSE Nifty50 index was trading 14.1 points up at 19756.45, while the 30-share BSE Sensex was up 70.84 points at 66301.08 at around 11:25AM. IndusInd Bank Ltd.(up 1.92%), State Bank of India(up 1.81%), Tech Mahindra Ltd.(up 1.71%), Coal India Ltd.(up 1.55%), HDFC Life Insurance Company Ltd.(up 1.52%), Tata Consumer Products Ltd.(up 1.48%), Maruti Suzuki India Ltd.(up 1.46%), Larsen & Toubro Ltd.(up 1.1%), Mahindra & Mahindra Ltd.(up 1.0%) and Hero MotoCorp Ltd.(up 0.88%) were among the top gainers in the Nifty pack. On the other hand, Wipro Ltd.(down 2.2%), Dr.

Tech Mahindra share price gained over a percent to hite a fresh 52-high of ₹1,310.80 apiece on the BSE Friday. The stock has rallied more than 27% on a year-to-date (YTD) basis and has sharply outperformed the Nifty IT index that has gained over 14% during the period. The outperformance in Tech Mahindra shares comes despise the company delivering weak results over the past three quarters.

Domestic benchmark index NSE Nifty fell 48.95 points to 19693.4, while the BSE Sensex traded 104.51 points down at 66125.73. On the other hand, Sonu Infratech, PNB Gilts, IFCI, Gujarat Ambuja and Giriraj Civil Devolp stocks hit their fresh 52-week highs today. In the Nifty 50 index, Maruti Suzuki, M&M, SBI, Tech Mahindra and HDFC Life were among the top gainers on the NSE. Cipla, Dr.

Bandhan Bank Ltd. traded 1.5 per cent up at Rs 248.95 on Friday at around 10:05AM (IST), while the benchmark BSE Sensex declined 172.57 points to 66057.67. As many as 198,132 shares changed hands on the counter with a total value of Rs 4.93 crore. The stock quoted a 52-week high price of Rs 297.45 and a 52-week low of Rs 182.2. On the technical charts, the 200-DMA of the stock stood at Rs 233.67, while 50-DMA was at Rs 230.12.

Benchmark NSE Nifty index fell 55.25 points to 19687.1 amid selling in frontline bluechip stocks. However, stocks such as Jiwanram Sheoduttrai, Jalan Transolutions, FutureLifestyleFash, Pramara Promotions and North Eastern(PP), touched their fresh 52-week low. Overall, 15 shares traded in the green in Nifty50 index, while 35 traded in the red. In the Nifty 50 index, Maruti Suzuki, SBI, M&M, HDFC Life and Tech Mahindra were among top gainers, while Cipla, Dr.

Bank of Baroda(up 1.59 per cent), Bandhan Bank Ltd.(up 1.34 per cent), State Bank of India(up 1.05 per cent), Punjab National Bank(up 0.73 per cent) and Au Small Finance Bank Ltd.(up 0.53 per cent) were among the top gainers. ICICI Bank Ltd.(down 0.72 per cent), HDFC Bank Ltd.(down 0.37 per cent), Federal Bank Ltd.(down 0.2 per cent) and Kotak Mahindra Bank Ltd.(down 0.12 per cent) were the top losers on the index. The Nifty Bank index was down 0.06 per cent at 44596.65 at the time of writing this report. Benchmark NSE Nifty50 index was down 64.75 points at 19677.6, while the BSE Sensex was down 167.62 points at 66062.62. Among the 50 stocks in the Nifty index, 14 were trading in the green, while 36 were in the red. Shares of IOB, JP Power, YES Bank, Union Bank India and SJVN were among the most traded shares on the NSE. Shares of Sonu Infratech, PNB Gilts, Gujarat Ambuja, IFCI and Giriraj Civil Devolp hit their fresh 52-week highs in today's trade, while Jiwanram Sheoduttrai, Jalan Transolutions, FutureLifestyleFash, Pramara Promotions and Prolife Industries hit fresh 52-week lows in trade.

Granules India Ltd.(up 0.15 per cent), GlaxoSmithKline Pharmaceuticals Ltd.(up 0.06 per cent) and Pfizer Ltd.(up 0.02 per cent) were among the top gainers. Glenmark Pharmaceuticals Ltd.(down 5.38 per cent), Lupin Ltd.(down 2.99 per cent), Aurobindo Pharma Ltd.(down 2.71 per cent), Dr.

rupee depreciated marginally to end 2 paise lower at 83.09. Indian government bonds will be included in the Government Bond Index-Emerging Markets index and the index suite, JPMorgan said on Friday.

Indian stock market indices are likely to open lower on Friday amid weak sentiment in the global peers. The trends on Gift Nifty also indicate a gap-down start for the Indian benchmark index. The Gift Nifty was trading at around 19,714 level as compared to the Nifty futures’ previous close of 19,769.

Day trading guide for today: On account of strong US dollar putting global markets under selling pressure, Indian stock market ended lower for third straight session. Nifty 50 index lost 159 points and closed at 19,742 levels, BSE Sensex shed 570 points and ended at 66,230 levels whereas Bank Nifty index corrected 760 points and closed at 44,623 mark. In broad market, small-cap and mid-cap indices crashed almost one per cent.

Indian stock market indices are expected to open lower Friday tracking weakness in global peers amid worries over interest rates staying higher for longer that sent treasury yields soaring. Asian markets traded lower, while the US stock markets ended with steep losses overnight. The domestic benchmark equity indices witnessed an all-round selloff on Thursday with the Nifty 50 and Sensex ending in the negative territory for the third consecutive session.

Buy or sell stocks for today: Following weak global market cues on strong US dollar, Indian stock market ended lower on third day in a row. Nifty 50 index lost 159 points and closed at 19,742 levels, BSE Sensex shed 570 points and ended at 66,230 levels whereas Bank Nifty index corrected 760 points and closed at 44,623 mark. Broad market indices fell marginally more than the Nifty even as the advance decline ratio fell further to 0.46:1.

Investing.com-- Most Asian stocks moved in a flat-to-low range on Friday as markets continued to fret over rising interest rates, while Japan’s Nikkei tumbled amid uncertainty before a Bank of Japan meeting. 

US Fed’s hawkish stance in its policy meeting. «Uncertain global cues and persistent selling by FIIs are likely to keep markets under pressure in the near term. It would be better to prefer defensive sectors for some time until the market stabilizes,» said Siddhartha Khemka, Head — Retail Research, Motilal Oswal Financial Services. Here's breaking down the pre-market actions:STATE OF THE MARKETSGIFT Nifty (Earlier SGX Nifty) signals a positive startGIFT Nifty on the NSE IX traded lower by 30.5 points, or 0.16 per cent, at 19,692.50, signaling that Dalal Street was headed for positive start on Friday.

MUMBAI : Indian stocks extended their decline to a third straight day, dropping nearly 1% following the US Federal Reserve’s hawkish stance on interest rates. The expectation of prolonged elevated rates in the US has deepened concerns about a global slowdown, making equity markets jittery worldwide. The National Stock Exchange’s benchmark Nifty index, which has lost 1.45% in the past two sessions, ended 0.8% lower at 19,742.35 on Thursday.

National Securities Depository. Mining, metals, power, oil and gas, telecom, and construction materials are among the sectors that saw foreign investors booking profits. After selling metals and mining shares worth Rs 7,000 crore in August, FPIs offloaded another Rs 4,556 crore worth of shares in the sector.

The 30-share BSE Sensex fell 570.60 points or 0.85% to settle at 66,230.24. The Nifty declined 159.05 points or 0.80% to end at 19,742.35. Except for the Media, all the sectors ended the day in red. PSU Bank emerged as the top loser owing to profit booking followed by the Auto space.

Nifty extended losses for the third straight session on Thursday, September 21. The domestic institutional investors (DIIs) turned net buyers and invested ₹1,158.14 crore in Indian stocks today.