SENSEX Financial News

L&T Technology Services Ltd.(up 0.77 per cent), Wipro Ltd.(up 0.29 per cent), MphasiS Ltd.(up 0.23 per cent), Tata Consultancy Services Ltd.(up 0.08 per cent) and Tech Mahindra Ltd.(up 0.06 per cent) were among the top gainers. Coforge Ltd.(down 1.43 per cent), Infosys Ltd.(down 0.47 per cent), Persistent Systems Ltd.(down 0.32 per cent), HCL Technologies Ltd.(down 0.12 per cent) and LTIMindtree Ltd.(down 0.01 per cent) were the top losers on the index. The Nifty IT index was down 0.13 per cent at 32271.1 at the time of writing this report. Benchmark NSE Nifty50 index was down 25.5 points at 19585.55, while the BSE Sensex was down 97.56 points at 65782.96. Among the 50 stocks in the Nifty index, 19 were trading in the green, while 30 were in the red. Shares of JP Power, Indian Railway Fin, Vodafone Idea, YES Bank and Zomato were among the most traded shares on the NSE. Shares of Responsive Ind., Usha Martin, Cochin Shipyard, IOL Chemicals and Onward Tech hit their fresh 52-week highs in today's trade, while Penta Gold, Bombay Metrics Suppl, Redtape L, Atam Valves and Pyramid Technoplast hit fresh 52-week lows in trade.

10-month low. It had closed at 83.13. Strong US services PMI data raised bets that the US Federal Reserve will keep interest rates elevated for longer, which lifted Treasury yields.

Indian stock market is likely to open on a weak note following losses global markets. The trends on Gift Nifty also indicate a tepid start for the Indian benchmark index. The Gift Nifty was trading at around 19,630 level as compared to the Nifty futures’ previous close of 19,665.

Sensex Today | Share Market Updates: The market capitalisation of BSE-listed firms reached a new lifetime peak of ₹317.33 lakh crore on Wednesday as the benchmark Sensex maintained its winning run for the fourth day running.Wall Street's three primary indices concluded Wednesday's trading session in the red. The Nasdaq experienced the most significant decline, with a 1% loss, primarily attributed to concerns arising from robust services sector data surpassing expectations.

Indian stock market is expected to open lower on Thursday tracking weak global cues amid strength in US dollar and surging crude oil prices. Asian markets were mixed, while US stock market ended in the red as stronger economic data raised concerns that interest rates will remain elevated for longer. The domestic benchmark equity indices ended higher on Wednesday, their fourth consecutive session of gains.

Day trading guide for today: Indian stock market ended mixed on Wednesday as two out of three key benchmark indices ended in green zone while one in the red territory. NSE Nifty finished 36 points higher at 19,611 levels whereas BSE Sensex added 100 points and ended at 65,880 mark. Bank Nifty index went off 123 points and closed at 44,409 levels.

market capitalisation of BSE-listed firms reached a new lifetime peak of Rs 317.33 lakh crore on Wednesday as the benchmark Sensex maintained its winning run for the fourth day running. Fag-end buying helped the BSE Sensex climb 100.26 points or 0.15 per cent to settle at 65,880.52.

Steel Authority of India (SAIL), Manappuram Finance, BHEL, India Cements, Delta Corp, Hindustan Copper, Balrampur Chini Mills Limited, and Indiabulls Housing Finance are the eight stocks that are a part of the F&O ban list by the stock exchange for Thursday. The NSE updates the list of securities in F&O ban for trade everyday. The derivative contracts in the mentioned securities have crossed 95 per cent of the market-wide position limit and have been currently put in the ban period by the stock exchange, said NSE.

Shares of Persistent Systems Ltd.(up 0.53 per cent), Coforge Ltd.(up 0.25 per cent), L&T Technology Services Ltd.(up 0.19 per cent), HCL Technologies Ltd.(up 0.02 per cent) and Tata Consultancy Services Ltd.(up 0.01 per cent) ended the day as top gainers in the pack. On the other hand, MphasiS Ltd.(down 1.82 per cent), Wipro Ltd.(down 0.59 per cent), Tech Mahindra Ltd.(down 0.44 per cent), LTIMindtree Ltd.(down 0.34 per cent) and Infosys Ltd.(down 0.09 per cent) finished as the top losers of the day. The Nifty IT index closed 0.16 per cent down at 32312.3. Benchmark NSE Nifty50 index ended up 36.15 points at 19611.05, while the BSE Sensex stood up 100.26 points at 65880.52. Among the 50 stocks in the Nifty index, 30 ended in the green, while 20 closed in the red. Shares of Vodafone Idea, Reliance Power, JP Power, Indian Railway Fin and YES Bank were among the most traded shares on the NSE. Shares of Ind-Swift Labs, Fidel Softech, Udayshivakumar Infra, FACT and Orient Paper hit their fresh 52-week highs in today's trade, while Bombay Metrics Suppl, SS Infrastructure, Penta Gold, Redtape L and PowerGrid Infa InvIT hit their fresh 52-week lows.

On the BSE, Bindal Exports(down 19.90 per cent), FGP Ltd(down 12.31 per cent), Diggi Multitrade(down 10.20 per cent), Atal Realtech(down 9.97 per cent) and TTI Enterprise(down 9.96 per cent) stood among the top losers in today's trade. In the Nifty pack, 30 stocks closed in the green, while 20 stocks ended in the red. The index closed 36.15 points up at 19611.05. On the BSE, Bindal Exports, Atal Realtech, Integra Capital, Gaekwar Mills and Lead Financial hit their fresh 52-week lows, while Ind-Swift Labs, Udayshivakumar Infra, FACT, Karnimata Cold Store and Modern Shares touched their fresh 52-week highs in today's trade.

Nifty settled higher for the fourth consecutive session on Wednesday, September 6, supported by gains in shares of select heavyweights, including HDFC Bankand Bharti Airtel. However, weak global cues curtailed gains for them as concerns over interest rate hikes and weakening global economic growth weighs on market sentiment. In Asian markets, Tokyo, Shanghai and Hong Kong ended in the green while Seoul settled lower.

Nifty closed higher for the fourth consecutive session on gains in shares of select heavyweights, including HDFC Bank ITC and Bharti Airtel. However, weak global cues curtailed gains for them as concerns over interest rate hikes and weakening global economic growth kept weighing on sentiment. Major European markets in the UK, France and Germany traded lower when the Sensex closed as recent subdued economic prints of China and Europe raised concerns about an economic slowdown.

₹34 against the previous close of ₹33.09 on BSE and jumped 19 per cent to an intraday high of ₹39.40 on BSE. Around 2 crore shares of SpiceJet changed hands on the BSE, the exchange data showed. In the previous session, the stock closed 6.33 per cent higher after the NCLT news.

Varun Beverages Ltd. traded at Rs 925.5 on BSE at 02:10PM (IST) on Wednesday, down 1.12 per cent.

Tube Investments of India Ltd. fell 0.1 per cent to Rs 3165.0 at 01:54PM hours (IST) on Wednesday.

Ashok Leyland Ltd. traded at Rs 182.25 on BSE at 01:49PM (IST) on Wednesday, down 0.62 per cent from previous close. The scrip quoted a 52-week low price of Rs 133.1 and a high of Rs 191.45. Earlier, shares of the company saw a opening in the morning. A total of 403,898 lakh shares changed hands on the counter till 01:49PM (IST). The stock of Ashok Leyland Ltd.

MphasiS Ltd. dropped 2.2 per cent to Rs 2463.6 at 01:44PM (IST) in Wednesday's trade.

United Spirits Ltd. traded at Rs 1051.55 on BSE at 01:39PM (IST) on Wednesday, up 1.9 per cent from previous close. The scrip quoted a 52-week low price of Rs 730.9 and a high of Rs 1068.5. Earlier, the stock saw a opening in the morning. A total of 68,353 lakh shares changed hands on the counter till 01:39PM (IST). The stock of United Spirits Ltd.

Paytm share price rose over 2 per cent in intraday trade on BSE on Wednesday, looking set to extend gains into the second consecutive session, boosted by the company's business updates for the month of August. One97 Communications Ltd, the parent of Paytm, reported a 20 per cent year-on-year (YoY) growth in average monthly transacting users at 94 million in the July-August period from 79 million in the same period last year. Besides, Paytm said in a statement that it disbursed loans worth ₹5,517 crore ($667 million) in August through its lending platform.

Pidilite Industries Ltd. traded 0.2 per cent up at Rs 2496.0 at around 12:12PM (IST) on Wednesday.

The counter had a total traded volume of 11:42AM shares so far with a turnover of Rs 346.0 crore on BSE. The stock traded at a price-to-earnings multiple of 56.36 and a price-to-book ratio of 18.5. A higher P/E ratio shows investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations. The price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business. Indian Railway Catering & Tourism Corporation Ltd.