SENSEX Financial News

Traders held back from carrying forward aggressive bets on Nifty futures to September on Thursday — when the August contracts expired — on expectations of modest moves in the benchmark index in the near future. Though the index closed below a key support of 19,260, analysts are not anticipating it would fall below 19,000 for now, prompting traders to restrict their wagers to specific stocks or themes. The rollover — process of carrying forward index and stock futures positions from an expiring derivatives series to the subsequent ones — in Nifty futures to September stood at 78% as against the three-month average of 82%.

Reliance Industries Ltd. However, as the stock was locked in lower circuits for several days, the exclusion was postponed. Over the past three days, the stock has consistently gained, reaching upper circuits and avoiding lower circuits.

Reliance Industries Ltd. “Asia Index Private Ltd recently announced that effective prior to the open of trading on Friday, September 01, 2023 , Jio Financial Services will be removed from all the S&P BSE Indices following its listing on Monday, August 21, 2023, due to its spin-off from its parent, Reliance Industries," said the notice on BSE. The JFSL stock did not hit the lower circuit in the previous two trading sessions, and today's session saw the Jio Financial Services share price conclude 0.41% higher at ₹233.65 apiece on BSE.

The NSE Nifty index closed 93.65 points down at 19253.8, while BSE Sensex ended down 255.84 points at 64831.41. On the other hand, Adani Enterprises Ltd.(down 3.73 per cent), Adani Ports & Special Economic Zone Ltd.(down 3.24 per cent), Bharat Petroleum Corporation Ltd.(down 3.24 per cent), Eicher Motors Ltd.(down 2.03 per cent) and Britannia Industries Ltd.(down 1.82 per cent) were among the top losers of the day.

MOIL(up 4.22%), Lexus Granito(up 2.14%), Ashapura Minechem(up 1.00%), Oriental Trimex(up 0.68%), KIOCL(up 0.68%) and Coal India(up 0.57%) stood among the top gainers. Pokarna(down 1.48%), Gujarat Mineral Dvpt Corporation(down 1.35%), Aro Granite Industries(down 1.15%), Madhav Marbles and Granites(down 0.94%), NMDC Ltd(down 0.40%) and Orissa Minerals Development Company(down 0.35%) were among the top losers of the day. The NSE Nifty50 index ended 93.65 points down at 19253.8, while the 30-share BSE Sensex closed down 255.84 points at 64831.41. Maruti Suzuki India Ltd.(up 2.11%), Cipla Ltd.(up 1.73%), HDFC Life Insurance Company Ltd.(up 1.2%), Titan Company Ltd.(up 0.72%), Hindalco Industries Ltd.(up 0.67%), Tata Steel Ltd.(up 0.65%), Coal India Ltd.(up 0.56%), Tech Mahindra Ltd.(up 0.39%), LTIMindtree Ltd.(up 0.38%) and UltraTech Cement Ltd.(up 0.38%) stood among the top gainers in the Nifty pack. On the other hand, Adani Enterprises Ltd.(down 3.73%), Bharat Petroleum Corporation Ltd.(down 3.23%), Adani Ports & Special Economic Zone Ltd.(down 3.23%), Eicher Motors Ltd.(down 2.03%), Britannia Industries Ltd.(down 1.82%), Tata Consumer Products Ltd.(down 1.65%), UPL Ltd.(down 1.45%), Bajaj Finance Ltd.(down 1.44%), Bajaj Auto Ltd.(down 1.3%) and Apollo Hospitals Enterprise Ltd.(down 1.23%) closed in the red.

Benchmark NSE Nifty closed 93.65 points down at 19253.8 amid selling in frontline bluechip counters. However, stocks such as TCNS Clothing, Allcargo Terminals, Penta Gold, Vedanta and SS Infrastructure, touched their fresh 52-week lows. Overall, 13 shares ended in the green in Nifty50 index, while 37 closed in the red. In the Nifty 50 index, Maruti Suzuki, Cipla, HDFC Life, Titan Company and Hindalco were among top gainers during the day, while Adani Ent., Adani Ports SEZ, BPCL, Eicher Motors and Britannia ended in the red. The BSE Sensex closed 255.84 points down at 64831.41. Traders piled up positions in Telecommunications, Electric/Electronics, Engineering, Cables and Consumer Durables sectors, while selling was witnessed in Banks, Irrigation & Allied Services, Shipping, Building Materials and Term Lending Institutions sectors during the day.

Shares of IDFC First Bank Ltd.(up 1.19 per cent) and Federal Bank Ltd.(up 0.38 per cent) ended the day as top gainers in the pack. On the other hand, Bank of Baroda(down 2.34 per cent), State Bank of India(down 1.06 per cent), IndusInd Bank Ltd.(down 1.02 per cent), Axis Bank Ltd.(down 1.0 per cent) and Kotak Mahindra Bank Ltd.(down 0.9 per cent) finished as the top losers of the day. The Nifty Bank index closed 0.55 per cent down at 43989.15. Benchmark NSE Nifty50 index ended down 93.65 points at 19253.8, while the BSE Sensex stood down 255.84 points at 64831.41. Among the 50 stocks in the Nifty index, 13 ended in the green, while 37 closed in the red. Shares of IDFC First Bank, Suzlon Energy, Reliance Power, Ashok Leyland and Alok Industries were among the most traded shares on the NSE. Shares of Aeroflex Industries, Manugraph India, HLV Ltd., Hercules Hoists and North Eastern(PP)hit their fresh 52-week highs in today's trade, while TCNS Clothing, Allcargo Terminals, Penta Gold, Vedanta and SS Infrastructure hit their fresh 52-week lows.

Nifty settled lower on the last day of August on Thursday, tracking weak global cues, while investors awaited India's gross domestic product (GDP) data for the April-June quarter of current fiscal (2023-2024) which is expected later today. India's GDP likely moved up to 7.7 per cent in the first quarter, recording the fastest annual pace in a year, supported by robust government capital expenditure and a strong services sector. However, some economists and rating agencies expect India's Q1 GDP print to beat the 8 per cent forecast of the Reserve Bank of India's (RBI) Monetary Policy Committee (MPC).

Shares of Gland Pharma Ltd.(up 9.15 per cent), Cipla Ltd.(up 1.73 per cent), Glenmark Pharmaceuticals Ltd.(up 1.52 per cent), GlaxoSmithKline Pharmaceuticals Ltd.(up 1.08 per cent) and Natco Pharma Ltd.(up 0.83 per cent) ended the day as top gainers in the pack. On the other hand, Torrent Pharmaceuticals Ltd.(down 5.74 per cent), Ipca Laboratories Ltd.(down 1.92 per cent), Granules India Ltd.(down 1.45 per cent), Alkem Laboratories Ltd.(down 1.38 per cent) and Abbott India Ltd.(down 1.08 per cent) finished as the top losers of the day. The Nifty Pharma index closed 0.2 per cent down at 15095.9. Benchmark NSE Nifty50 index ended down 93.65 points at 19253.8, while the BSE Sensex stood down 255.84 points at 64831.41. Among the 50 stocks in the Nifty index, 13 ended in the green, while 37 closed in the red. Shares of IDFC First Bank, Suzlon Energy, Reliance Power, Ashok Leyland and Alok Industries were among the most traded shares on the NSE. Shares of Aeroflex Industries, Manugraph India, HLV Ltd., Hercules Hoists and North Eastern(PP)hit their fresh 52-week highs in today's trade, while TCNS Clothing, Allcargo Terminals, Penta Gold, Vedanta and SS Infrastructure hit their fresh 52-week lows.

Karma Energy(up 5.00%), RTNPOWER(up 4.62%), Alstom T&D India(up 4.14%), Voltamp Transformers(up 3.02%), Kalpataru Projects International(up 2.91%), KEC International(up 1.63%), GE Power India Limited(up 1.46%), NLC India(up 1.36%), DPSC(up 1.08%) and PTC India(up 0.83%) stood among the top gainers. Reliance Power(down 5.20%), Suzlon Energy(down 5.03%), ADANIGREEN(down 4.31%), Adani Energy Solutions(down 3.53%), Inox wind(down 3.27%), Transformers and Rectifiers(India)(down 2.78%), Adani Power(down 2.16%), Jaiprakash Power Ventures(down 1.84%), JSW Energy(down 1.64%) and NHPC(down 1.47%) were among the top losers of the day. The NSE Nifty50 index ended 93.65 points down at 19253.8, while the 30-share BSE Sensex closed down 255.84 points at 64831.41. Maruti Suzuki India Ltd.(up 2.11%), Cipla Ltd.(up 1.73%), HDFC Life Insurance Company Ltd.(up 1.2%), Titan Company Ltd.(up 0.72%), Hindalco Industries Ltd.(up 0.67%), Tata Steel Ltd.(up 0.65%), Coal India Ltd.(up 0.56%), Tech Mahindra Ltd.(up 0.39%), LTIMindtree Ltd.(up 0.38%) and UltraTech Cement Ltd.(up 0.38%) stood among the top gainers in the Nifty pack. On the other hand, Adani Enterprises Ltd.(down 3.73%), Bharat Petroleum Corporation Ltd.(down 3.23%), Adani Ports & Special Economic Zone Ltd.(down 3.23%), Eicher Motors Ltd.(down 2.03%), Britannia Industries Ltd.(down 1.82%), Tata Consumer Products Ltd.(down 1.65%), UPL Ltd.(down 1.45%), Bajaj Finance Ltd.(down 1.44%), Bajaj Auto Ltd.(down 1.3%) and Apollo Hospitals Enterprise Ltd.(down 1.23%) closed in the red.

Shares of Persistent Systems Ltd.(up 3.56 per cent), Coforge Ltd.(up 3.17 per cent), MphasiS Ltd.(up 2.66 per cent), L&T Technology Services Ltd.(up 0.42 per cent) and Tech Mahindra Ltd.(up 0.39 per cent) ended the day as top gainers in the pack. On the other hand, Tata Consultancy Services Ltd.(down 1.0 per cent) finished as the top losers of the day. The Nifty IT index closed 0.2 per cent up at 31164.9. Benchmark NSE Nifty50 index ended down 93.65 points at 19253.8, while the BSE Sensex stood down 255.84 points at 64831.41. Among the 50 stocks in the Nifty index, 13 ended in the green, while 37 closed in the red. Shares of IDFC First Bank, Suzlon Energy, Reliance Power, Ashok Leyland and Alok Industries were among the most traded shares on the NSE. Shares of Aeroflex Industries, Manugraph India, HLV Ltd., Hercules Hoists and North Eastern(PP)hit their fresh 52-week highs in today's trade, while TCNS Clothing, Allcargo Terminals, Penta Gold, Vedanta and SS Infrastructure hit their fresh 52-week lows.

Adani Power Ltd. traded 2.61 per cent down at Rs 319.8 at 01:55PM (IST) on Thursday, even as BSE benchmark Sensex dropped 115.0 points to 64972.25. The stock had settled at Rs 328.4 in the previous session.

Info Edge (India) Ltd. traded 0.05 per cent up at Rs 4372.2 at 01:44PM (IST) on Thursday, even as BSE benchmark Sensex dropped 33.29 points to 65053.96. The stock had settled at Rs 4369.9 in the previous session.

ICICI Lombard General Insurance Company Ltd. traded 0.32 per cent up at Rs 1324.15 on Thursday at around 01:03PM (IST), while the benchmark BSE Sensex declined 89.27 points to 64997.98. As many as 3,564 shares changed hands on the counter with a total value of Rs 4693.0 crore. The stock quoted a 52-week high price of Rs 1422.85 and a 52-week low of Rs 1049.1. On the technical charts, the 200-DMA of the stock stood at Rs 1200.16, while 50-DMA was at Rs 1347.45.

Shree Cements Ltd. traded 0.3 per cent down at Rs 23958.15 at 11:42AM (IST) on Thursday, even as BSE benchmark Sensex gained 13.47 points to 65100.72. The scrip had closed at Rs 24030.75 in the previous session.

Bharat Electronics Ltd. traded at Rs 133.0 on BSE at 10:45AM (IST) on Thursday, down 1.15 per cent from previous close. The stock quoted a 52-week low price of Rs 87.0 and a high of Rs 138.2. Earlier, shares of the company saw a gap up opening in the morning. A total of 321,948 lakh shares changed hands on the counter till 10:45AM (IST). The stock of Bharat Electronics Ltd.

Sikko Industries(up 4.97%), Paradeep Phosphates(up 1.36%), Mangalore Chemicals & Fertilizers(up 1.03%), Deepak Fertilizers & Petrochemicals(up 0.76%), Nagarjuna Fertilizers & Chem(up 0.59%), KRISHANA(up 0.41%) and National Fertilizer(up 0.15%) were among the top gainers. Khaitan Chemicals & Fertilizers(down 2.75%), Agro Phos(down 1.99%), Coromandel International(down 1.51%), Southern Petrochemicals Industries(down 1.34%), Aries Agro(down 0.97%), ZUARIAGRO(down 0.83%), Chambal Fertilisers & Chemicals(down 0.82%), Madras Fertlizers(down 0.79%), Rashtriya Chemicals & Fertilizers(down 0.73%) and Rama Phosphates(down 0.51%) were among the top losers. The NSE Nifty50 index was trading 27.3 points down at 19320.15, while the 30-share BSE Sensex was down 38.54 points at 65048.71 at around 10:50AM. Maruti Suzuki India Ltd.(up 1.58%), Hindalco Industries Ltd.(up 1.57%), LTIMindtree Ltd.(up 1.37%), Tech Mahindra Ltd.(up 1.26%), HCL Technologies Ltd.(up 1.22%), UltraTech Cement Ltd.(up 0.96%), Titan Company Ltd.(up 0.8%), Infosys Ltd.(up 0.61%), Coal India Ltd.(up 0.59%) and Tata Consultancy Services Ltd.(up 0.56%) were among the top gainers in the Nifty pack. On the other hand, Adani Enterprises Ltd.(down 3.25%), Adani Ports & Special Economic Zone Ltd.(down 2.71%), Bharat Petroleum Corporation Ltd.(down 1.36%), Eicher Motors Ltd.(down 1.34%), Bajaj Finance Ltd.(down 1.13%), Nestle India Ltd.(down 1.11%), Tata Consumer Products Ltd.(down 0.98%), Asian Paints Ltd.(down 0.96%), Britannia Industries Ltd.(down 0.89%) and UPL Ltd.(down 0.75%) were trading in the red.

DLF Ltd. traded 0.28 per cent up at Rs 501.25 at 10:40AM (IST) on Thursday, even as BSE benchmark Sensex dropped 58.74 points to 65028.51.

Tata Elxsi Ltd. dropped 0.64 per cent to Rs 7351.0 at 10:51AM (IST) in Thursday's trade.

Aro Granite Industries(up 2.88%), Oriental Trimex(up 1.36%), KIOCL(up 0.86%), MOIL(up 0.57%) and Coal India(up 0.55%) were among the top gainers. Gujarat Mineral Dvpt Corporation(down 1.84%), NMDC Ltd(down 1.50%), Pokarna(down 0.90%), Orissa Minerals Development Company(down 0.83%), Madhav Marbles and Granites(down 0.63%), Lexus Granito(down 0.27%) and Ashapura Minechem(down 0.20%) were among the top losers. The NSE Nifty50 index was trading 23.35 points down at 19324.1, while the 30-share BSE Sensex was down 23.32 points at 65063.93 at around 10:44AM. Maruti Suzuki India Ltd.(up 1.5%), Hindalco Industries Ltd.(up 1.46%), LTIMindtree Ltd.(up 1.32%), HCL Technologies Ltd.(up 1.19%), Tech Mahindra Ltd.(up 1.14%), UltraTech Cement Ltd.(up 0.89%), Titan Company Ltd.(up 0.77%), Infosys Ltd.(up 0.62%), Tata Consultancy Services Ltd.(up 0.6%) and Coal India Ltd.(up 0.59%) were among the top gainers in the Nifty pack. On the other hand, Adani Enterprises Ltd.(down 3.43%), Adani Ports & Special Economic Zone Ltd.(down 2.74%), Eicher Motors Ltd.(down 1.41%), Bharat Petroleum Corporation Ltd.(down 1.25%), Bajaj Finance Ltd.(down 1.2%), Nestle India Ltd.(down 1.04%), IndusInd Bank Ltd.(down 0.95%), Asian Paints Ltd.(down 0.92%), Tata Consumer Products Ltd.(down 0.92%) and Britannia Industries Ltd.(down 0.8%) were trading in the red.

Siemens Ltd. traded at Rs 3888.25 on BSE at 10:30AM (IST) on Thursday, up 0.51 per cent from previous close. The scrip quoted a 52-week low price of Rs 2670.35 and a high of Rs 4066.1. Earlier, the stock saw a gap up opening in the morning. A total of 2,941 lakh shares changed hands on the counter till 10:30AM (IST). The stock of Siemens Ltd.