SENSEX Financial News

The top loser was Cochin Shipyard whose stock fell by over 14% to the day's low of Rs 1,032.25. It was followed closely by Mazagon Dock Shipbuilders which plunged nearly 13% at Rs 2,005.10 on the NSE. Meanwhile, Garden Reach Shipbuilders, Shipping Corporation of India (SCI) and Great Indian Shipping Company shares fell 6.27%, 5.41% and 0.95%, respectively around 11 am. Both Mazagon Dock and Cochin Shipyard shares have witnessed a strong rally in recent times and have given returns of 13% and 20% over the past 5 trading sessions. Others like Great Indian Shipping Company, SCI and Garden Reach have given 6-3% returns during this time.Shipping stocks followed a wider trend where the PSU stocks fell. Commenting on the recent rally in many of the PSU stocks, Vijay Kedia, Managing Director at Kedia Securities told ETNow that he viewed the recent rally as some kind of euphoria in the PSU stocks. «I do not know what they should do but the general public should understand what happened in 2022, we discussed just now what this platform stocks, I think the same kind of euphoria is happening in PSU stocks.

Midcap index cracked nearly 3 per cent in morning trade on Tuesday. The BSE Midcap index fell to an intraday low of 32,177.91, down 2.68 per cent against the previous close of 33,064.96 while the Smallcap index plunged to its intraday low of 37,005.17, down 3.97 per cent against its previous close of 38,533.40 in Tuesday's trade so far. Early morning today, both the mid and smallcap indices hit their fresh record highs of 33,245.85 and 38,769.33 respectively.

Page Industries Ltd. fell 0.34 per cent to Rs 41516.55 at 11:37AM hours (IST) on Tuesday.

Crompton Greaves Consumer Electricals Ltd. fell 1.09 per cent to Rs 313.45 in Tuesday's session as of 11:32AM (IST) even as the equity benchmark Sensex traded 131.37 points higher at 67258.45. Earlier in the day, the stock witnessed a gap up start to the session.

Varun Beverages Ltd. traded at Rs 914.55 on BSE at 10:35AM (IST) on Tuesday, down 0.49 per cent.

Marico Ltd. fell 1.11 per cent to Rs 578.9 in Tuesday's session as of 10:25AM (IST) even as the equity benchmark Sensex traded 100.66 points lower at 67026.42. Earlier in the day, the stock witnessed a gap up start to the session.

Torrent Power(up 1.44%) were among the top gainers. Reliance Power(down 7.45%), KPI Green Energy(down 7.27%), Jaiprakash Power Ventures(down 7.14%), Gujarat Industries Power(down 6.22%), DPSC(down 6.18%), Energy Development Company(down 6.06%), Inox Wind Energy(down 5.17%), GE Power India Limited(down 5.11%), NHPC(down 5.03%) and RTNPOWER(down 4.90%) were among the top losers. The NSE Nifty50 index was trading 40.05 points down at 19956.3, while the 30-share BSE Sensex was down 68.69 points at 67058.39 at around 10:39AM. Larsen & Toubro Ltd.(up 3.37%), Divi's Laboratories Ltd.(up 1.36%), Dr.

The NSE Nifty index traded 54.05 points down at 19942.3, while BSE Sensex was down 113.63 points at 67013.45 as of 10:29AM(IST)on September 12. In the Nifty index, Larsen & Toubro Ltd.(up 2.97 per cent), Divi's Laboratories Ltd.(up 1.22 per cent), Dr.

Tech Mahindra Ltd, part of the Indian IT sector, rose more than 3% in a week to break out from a Flag pattern on the weekly charts and is consolidating at the breakout area of 1-year long consolidation. Tech Mahindra stock which is also part of the S&P BSE Sensex hit a 52-week high of Rs 1,276 on 8th September 2023. The stock gave a breakout from a downward sloping trendline on the weekly charts and a Flag pattern on the daily charts, suggest experts. The breakout has opened room for the stock to head towards 1500 levels, feel experts. The stock is also consolidating around the breakout area of 1170. The stock hit a high of 1165 in September 2022 but it failed to hold on to the momentum.

Shree Cements Ltd. dropped 0.41 per cent to Rs 25666.0 at 10:05AM (IST) in Tuesday's trade.

Delta Corp, Hindustan Copper, The India Cements, Indiabulls Housing Finance, Manappuram Finance, Punjab National Bank (PNB) and Steel Authority of India (SAIL). The F&O contracts of any stock enter the ban period when the open interest (OI) on it crosses 95% of the market-wide positions limits or MWPL. The ban on it is reversed only if the open interest falls below 80%. Traders who trade in indices do not encounter a situation of security ban. For BHEL, MWPL stood at 103.8% on Monday with OI reported by Trendlyne at 81 million. It was up 3.7% from the previous session. The MWPL for Delta Corp stood at 90.4% with OI at 15.2 million.

Sensex jumped 528 points to regain the 67,000 level, while Nifty scaled record 20,000-mark for the first time as robust buying by domestic investors helped equity markets extend the winning run to the seventh straight session on Monday. Stocks that were in focus included names like Tata Power, which rose 6.67%, Natco Pharma, which fell 8%, and Coffee Day, whose shares declined 14.88% on Monday. Here's what Riches Vanara, Technical And Derivatives Analyst at StoxBox, recommends investors should do with these stocks when the market resumes trading today.Vodafone Idea — Sell on riseStock is showing stupendous momentum from the last several weeks and making new highs every week. However we feel stock has approached the resistance area from where it has reversed multiple times. The stock is also approaching its 200 WEMA and it seems crossing it will be not easy. Hence, the stock will be a sell on rise candidate for targets of 10.50 and 9.60 with stop above 13.Natco Pharma — SellWe have seen a gap down opening after facing resistance at 61.8% fibonacci retracement level and it has also violated 50% retracement level calculated from previous pick to latest low. The stock is getting some supply pressure from higher levels and momentum indicators MACD and 14 RSI compliments the supply pressure.

Buy or sell stocks for today: On account of strong global cues, Dalal Street extended its rally for seventh straight session on Monday. NSE Nifty climbed to record 20,000 peak and climbed to a new life-time high of 20,008 levels. BSE Sensex reclaimed 67,000 levels and closed at 67,127 mark.

Nifty up more than 70 points from Monday's close on Nifty Futures and tracking positive global cues. Asian stock markets slid sideways, while the US stock market indices ended higher overnight. On Monday, Nifty and Sensex ended in the green for the sixth day in a row, each one gaining nearly 3%.

₹ 2,069.50 crore into RRVL, a subsidiary of Reliance Industries Limited. This investment values RRVL at a pre-money equity value of ₹ 8.361 lakh crore, which makes it among the top four companies by equity value in the country.KKR’s follow-on investment will translate into an additional equity stake of 0.25% in RRVL on a fully diluted basis. This, combined with its stake from its investment of ₹ 5,550 crore in RRVL in 2020, will take its total equity stake in RRVL to 1.42% on a fully diluted basis.

Day trading guide for today: Following strong global market sentiments, Indian stock market ended higher for seventh straight session on Monday. NSE Nifty advanced for the seventh straight day to log the best stretch of gains in 11 weeks and touched the all time high of 20,008 levels.

MUMBAI : Investors added ₹3.37 trillion in wealth on Monday as National Stock Exchange (NSE) of India Ltd’s Nifty index breached the psychologically significant 20,000 mark before ending trading slightly lower. The index soared to an intraday high of 20,008.15 before ending at a record 19,996.35, surpassing its previous high of 19,991.85 made 36 sessions earlier amid persistent institutional flows.

₹1,473.09 crore from the market. FII bought shares worth ₹11,469.51 crore and sold around ₹9,996.42 crore in the market. Maintaining a consistent streak, Domestic Institutional Investors (DII) pumped in shares worth ₹366.24 crore in the market.

global market, domestic benchmark indices ended in the green for the sixth day in a row, each one gaining nearly 3%. The dollar, Treasury yields, and US stock futures all declined as speculation mounted that the US Federal Reserve will decide to leave interest rates unchanged at its September meeting. While the Sensex closed, major European markets such as the UK's FTSE, France's CAC, and Germany's DAX traded with large losses.

Kotak Institutional Equities in a report on September 11. Mid and smallcap indices have been on a record-setting spree for the last several sessions. The BSE Midcap index has jumped nearly 31 per cent this year so far while the BSE Smallcap index has jumped 33 per cent this year.

Stock market today: After a gap of 36 sessions, NSE Nifty climbed to a new peak of 20,008 during Monday deals. However, the 50-stock index took 52-sessions to race from 19,000 to 20,000 peak. While Nifty rallied to 20,000 peak, BSE Sensex too regained 67,000 mark.