SENSEX Financial News

Amber Enterprises India down over 10%, NBCC (India) falling more than 8% and, IRB, Central Bank of India and SJVN share prices falling over 7% each. Fall in Amber Enterprises shares came after the company’s net loss in Q2FY24 widened to ₹5.6 crore from a loss of ₹2.2 crore a year ago.

Adani Power Ltd. dropped 4.73 per cent to Rs 322.1 at 01:59PM (IST) in Monday's trade. The scrip has hit a high of Rs 342.0 and low of Rs 317.5 so far during the session.

ICICI Bank Ltd.(up 0.57 per cent), Au Small Finance Bank Ltd.(up 0.55 per cent) and HDFC Bank Ltd.(up 0.05 per cent) were among the top gainers. Bank of Baroda(down 1.38 per cent), Federal Bank Ltd.(down 1.37 per cent), Kotak Mahindra Bank Ltd.(down 1.11 per cent), IndusInd Bank Ltd.(down 0.94 per cent) and Punjab National Bank(down 0.89 per cent) were the top losers on the index.

Balkrishna Industries Ltd.(up 0.36 per cent), Mahindra & Mahindra Ltd.(up 0.19 per cent) and TVS Motor Company Ltd.(up 0.07 per cent) were among the top gainers. Tube Investments of India Ltd.(down 2.69 per cent), Sona BLW Precision Forgings Ltd.(down 1.48 per cent), Tata Motors Ltd.(down 1.31 per cent), Hero MotoCorp Ltd.(down 1.03 per cent) and Bajaj Auto Ltd.(down 0.93 per cent) were the top losers on the index.

Domestic benchmark index NSE Nifty fell 15.5 points to 19527.15, while the BSE Sensex traded 19.27 points down at 65378.35. On the other hand, Macpower CNC Machine, BSE, Zodiac Energy, CreditAccess Grameen and South West Pinnacle stocks hit their fresh 52-week highs today.

Oberoi Realty Ltd.(up 0.07 per cent) were among the top gainers. Prestige Estates Projects Ltd.(down 3.92 per cent), Indiabulls Real Estate Ltd.(down 3.91 per cent), Macrotech Developers Ltd.(down 3.11 per cent), Sobha Ltd.(down 2.34 per cent) and Mahindra Lifespace Developers Ltd.(down 1.32 per cent) were the top losers on the index.

Bharat Forge Ltd. gained 0.28 per cent to Rs 1074.0 at 10:20AM (IST) in Monday's trade. The stock has hit a high of Rs 1085.0 and low of Rs 1070.0 so far during the session.

The NSE Nifty index traded 64.45 points down at 19478.2, while BSE Sensex was down 181.65 points at 65215.97 as of 10:19AM(IST)on October 23. In the Nifty index, Dr.

Bajaj Holdings & Investment Ltd. rose 1.09 per cent to Rs 7130.7 at 10:10AM hours (IST) on Monday. Earlier in the day, the stock saw a gap down start to the session.

The S&P BSE Sensex fell more than 200 points while the Nifty50 closed below 19600 on Friday. India VIX was down by 0.76% from 10.89 to 10.81 levels in the previous trading session. Volatility has been moving in a narrow range around 11 zones and thus not creating any major panic in the market with a capped upside. On the monthly options front, the maximum Call OI is placed at 19800 and then towards 19600 strikes while the maximum Put OI is placed at 19500 and then towards 19000 strikes. Minor Call writing is seen at 19600 and then towards 19700 strikes while Put writing is seen at 19400 and then towards 19500 strikes. “Options data suggests a broader trading range in between 19350 to 19850 zones while an immediate trading range in between 19400 to 19750 zones,” Chandan Taparia, Analyst-Derivatives at Motilal Oswal Financial Services Limited, said. “Nifty formed a Doji candle and an Inside Bar on the daily frame on Friday and has been making lower highs from the last three sessions.

Sensex fell 231 points to settle at 65,397 and the Nifty declined 82 points to 19,542. Stocks that were in focus included names like Tanla Platforms, which rose 4%, YES Bank, which gained 1.76%, and Tata Communications, whose shares declined 3.82% on Friday. Here's what Pravesh Gour, Senior Technical Analyst at Swastika Investmart, recommends investors should do with these stocks when the market resumes trading today. Tanla Platforms The counter has witnessed a breakout of a long consolidation on the weekly chart with strong volume. The structure of the counter looks good, as it is trading above all its important moving averages. In terms of potential price levels, immediate resistance is anticipated at Rs 1150.

BSE Sensex closed 231.62 points, or 0.35%, lower at 65,397.62, while the NSE Nifty settled 82.05 points, or 0.42%, lower at 19,542.65. Nifty formed an identical open and close type candle on the daily chart, which is indicating a formation of doji type candle pattern (type of gravestone doji pattern, but not a classical one).

Day trading guide for stock market today: On account of weak global market sentiments, Indian stock market extended sell off for yet another session on Friday last week. Nifty 50 index fell 82 points and closed at 19,542 levels, 30-stock index BSE Sensex corrected 231 points and ended at 65,397 mark whereas Bank Nifty index finished 31 points lower at 43,723 levels.

Godrej Properties subsidiary ₹5 lakh for not following environmental safety rules during construction in New Delhi, PTI reported.In a statement on Saturday, Godrej Properties said that its subsidiary, Godrej Vestamark LLP, was served this penalty on October 16 under the Delhi Municipal Corporation Act 1957.The violation by the subsidiary pertains to not complying with the National Green Tribunal's (NGT) order from April 10, 2015, and the Ministry of Environment and Forests Guidelines from 2010 regarding safety measures during their New Delhi project's construction. (Read More)In the second quarter of fiscal year 2023-24, ICICI Bank demonstrated substantial growth, with its standalone net profit climbing by 35.8% year-on-year (YoY) to reach ₹10,261 crore.

Buy or sell stocks for today: Following weak global market cues, Indian stock market ended lower on third day in a row on Friday last week. Nifty 50 index fell 82 points and closed at 19,542 levels, 30-stock index BSE Sensex corrected 231 points and ended at 65,397 mark whereas Bank Nifty index finished 31 points lower at 43,723 levels.

Indiabulls Housing Finance has been put under the ban for trade on Monday, October 23, 2023 under the futures and options (F&O) segment by the National Stock Exchange (NSE). The security has been put on ban under the F&O segment as it crossed 95 per cent of the market-wide position limit (MWPL), according to the NSE. However, the stock will be available for trading in the cash market.

The NSE Nifty 50 index closed 0.42% lower at 19,542, while the S&P BSE Sensex fell 0.35% to 65,397. Both the benchmarks lost over 1% for the week. Here's how analysts read the market pulse: «On the daily charts we can observe that Nifty is trading at the crucial support zone of 19530 – 19500 where 61.82% Fibonacci retracement level of rise from 19333 – 19850 is placed.

Also Read: These 48 smallcap stocks rise 10-30% even as Sensex sheds 1% on volatile week; do you own? "Middle East tensions and elevated US bond yields steered the market to a consolidation path this week. A weak start to the earnings season, disappointment from IT sector, and a mixed bag of results from banks influenced investors to book profits from the table,'' said Vinod Nair, Head of Research at Geojit Financial Services. On Friday, Nifty 50 closed at 19,542.65, down 82 points, or 0.42 per cent while the Sensex ended the day at 65,397.62, down 232 points, or 0.35 per cent.

BSE Sensex ended October's third week with a sharp loss of one per cent after five days of volatile sessions over geopolitical concerns arising on the Israel-Hamas-Gaza conflict. Domestic equity benchmarks Nifty 50 and Sensex ended in negative territory for the third consecutive session on Friday, October 20, as concerns about potential interest rate hikes by the US Federal Reserve, and the ongoing war between Israel and Hamas kept investors on edge.

KCP Sugar & Industries(up 4.89%), Rajshree Sugars & Chemicals(up 3.74%), Bannari Amman Sugars(up 1.04%), Uttam Sugar Mills(up 0.38%) and Balrampur Chini Mills(up 0.24%) stood among the top gainers. Simbhaoli Sugars(down 2.60%), Triveni Engineering & Industries(down 2.55%), Dhampur Sugar Mills(down 2.39%), Ponni Sugars(Erode)(down 2.09%), Ugar Sugar Works(down 2.09%), DCM Shriram Industries(down 1.88%), K.M.Sugar Mills(down 1.71%), Shree Renuka Sugars(down 1.69%), Mawana Sugars(down 1.32%) and Dalmia Bharat Sugar & Industries(down 1.31%) were among the top losers of the day.

Domestic benchmark index NSE Nifty ended 82.05 points down at 19542.65, while the BSE Sensex closed 231.62 points down at 65397.62. On the other hand, Dhunseri Invst, Bombay Burmah, GKW Ltd, Summit Sec and Prajay Engg stocks hit their fresh 52-week highs today.