SENSEX Financial News

Tata Power Company Ltd. traded 0.95 per cent up at Rs 249.15 at around 11:06AM (IST) on Wednesday.

BSE Sensex rally 13% in a span of 5 months and scale to all-time highs in July. But a closer look suggested that FII dollars chased midcap stocks much more than the large cap stocks. In 5 months, the S&P BSE Midcap index has gained a whopping 29%, thanks to the steady rise in the holdings of FIIs. The value of FII holding in stocks that are part of the BSE Midcap index increased by a sharp Rs 1.8 lakh crore sequentially in the quarter ended June, data analysed by ETMarkets showed. On the contrary, the value of their holding in smallcap stocks declined sequentially by over Rs 1,200 crore.Big GainersREC was one of the best performing stocks in the midcap space, as the stock turned a multibagger in just 5 months. FIIs have raised their holding in REC for two consecutive quarters.

Mahindra Lifespace Developers(up 4.65 per cent), Indiabulls Real Estate(up 2.3 per cent), Oberoi Realty(up 1.28 per cent), DLF(up 1.1 per cent) and Prestige Estates Projects(up 0.7 per cent) were among the top gainers. Brigade Enterprises(down 1.08 per cent) and Godrej Properties(down 0.02 per cent) were the top losers on the index. The Nifty Realty index was up 0.64 per cent at 550.55 at the time of writing this report. Benchmark NSE Nifty50 index was up 101.5 points at 19444.15, while the BSE Sensex was up 360.22 points at 65436.04. Among the 50 stocks in the Nifty index, 40 were trading in the green, while 10 were in the red. Shares of Reliance Power, Zomato, Suzlon Energy, JP Power and Vodafone Idea were among the most traded shares on the NSE. Shares of Pritika Engineering, P E Analytics, Delta Manufacturing, Ameya Precision Engi and Shakti Pumps hit their fresh 52-week highs in today's trade, while Penta Gold, Proventus Agrocom, BKM Industries, Rajnandini Metal and Rajesh Exports hit fresh 52-week lows in trade.

Avenue Supermarts Ltd. rose 1.25 per cent to Rs 3710.25 at 10:20AM hours (IST) on Wednesday.

Laurus(up 2.65 per cent), Gland Pharma(up 1.99 per cent), Ipca Laboratories(up 1.22 per cent), Glenmark Pharmaceuticals(up 1.19 per cent) and Granules India(up 1.03 per cent) were among the top gainers. Sanofi India(down 0.32 per cent), Natco Pharma(down 0.32 per cent), Pfizer(down 0.1 per cent), Abbott India(down 0.05 per cent) and Divis Laboratories(down 0.05 per cent) were the top losers on the index. The Nifty Pharma index was up 0.52 per cent at 15199.1 at the time of writing this report. Benchmark NSE Nifty50 index was up 94.8 points at 19437.45, while the BSE Sensex was up 334.32 points at 65410.14. Among the 50 stocks in the Nifty index, 40 were trading in the green, while 10 were in the red. Shares of Zomato, Suzlon Energy, Reliance Power, BHEL and JP Power were among the most traded shares on the NSE. Shares of Pritika Engineering, P E Analytics, Ameya Precision Engi, Delta Manufacturing and Menon Bearings hit their fresh 52-week highs in today's trade, while Penta Gold, Proventus Agrocom, Rajnandini Metal, Rajesh Exports and Shrenik hit fresh 52-week lows in trade.

The NSE Nifty index was trading 96.8 points up at 19439.45, while BSE Sensex was up 344.03 points at 65419.85 at the time of writing this report. In the Nifty index, Tata Steel Ltd.(up 2.09 per cent), Hindalco Industries Ltd.(up 1.57 per cent), Axis Bank Ltd.(up 1.37 per cent), Mahindra & Mahindra Ltd.(up 1.36 per cent) and UPL Ltd.(up 1.35 per cent) were among the top gainers. While Bharat Petroleum Corporation Ltd.(down 1.53 per cent), Power Grid Corporation of India Ltd.(down 1.09 per cent), Apollo Hospitals Enterprise Ltd.(down 0.54 per cent), Britannia Industries Ltd.(down 0.34 per cent) and NTPC Ltd.(down 0.18 per cent) were among the top losers in the index.

On the BSE, Haria Exports(down 18.91 per cent), Ganga Pharmaceutical(down 13.19 per cent), Gravity(India)(down 7.71 per cent), Innocorp Ltd(down 7.51 per cent) and B-Right Realestate L(down 6.84 per cent) were among the stocks that plunged over 5 per cent during the session. In the Nifty pack, 39 stocks traded in the green, while 10 stocks traded in the red. The Nifty index was trading 98.65 points up at 19441.3. On the BSE, Haria Exports, Ganga Pharmaceutical, Padmanabh Alloys, Bhaskar Agro and Karnavati Finance Lt hit their fresh 52-week lows, while Bondada Engineering, Ken Financial Services Ltd., Delta Manufacturing, Alphalogic Industrie and Menon Bearings touched their fresh 52-week highs.

United Spirits Ltd. traded 1.28 per cent up at Rs 1015.8 on Wednesday at around 10:25AM (IST), while the benchmark BSE Sensex advanced 336.68 points to 65412.5. As many as 2,127 shares changed hands on the counter with a total value of Rs 2153.0 crore. The stock quoted a 52-week high price of Rs 1050.0 and a 52-week low of Rs 730.9. On the technical charts, the 200-DMA of the stock stood at Rs 861.0, while 50-DMA was at Rs 970.4.

Indian Hotels Company Ltd. rose 1.78 per cent to Rs 400.0 in Wednesday's trade.

US jobs data reduced the chances of further Federal Reserve rate hikes. The US dollar index - which measures the currency against six developed-market peers including the yen and euro - was little changed at 103.57 after pulling back from as high as 104.36 overnight. On Tuesday, the rupee ended 8 paise lower at 82.71 a dollar.

Escorts Kubota, GMR Airports Infrastructure, Hindustan Copper, Indiabulls Housing, Manappuram Finance, RBL Bank and Sun TV Network. The 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 Escorts Kubota, the MWPL stood at 86.4% on Tuesday with OI reported by Trendlyne at 997,100. It was down 11.3% from the previous session. The MWPL for GMR Airports stood at 82.5% on Tuesday with OI reported by Trendlyne at 79.6 million.

Sensex and Nifty closed higher on Tuesday, marking their second straight day of gains amid buoyancy of the global market in anticipation of no further Fed rate hikes. Stocks that were in focus included names like RCF, which rose 2.58%, SJVN, which gained 1.23%, and Piramal Enterprises, whose shares declined 4.30% on Tuesday. Here's what Viral Chheda, Sr Technical Analyst at SSJ Finance & Securities, recommends investors should do with these stocks when the market resumes trading today:RCF — BuyIn the daily chart price has witnessed an upside rally from low of 89.50 to a high of 119 odd levels. During the upside rally price has made the higher top higher bottom pattern as bulls were having upper hand on bears. At higher level price gave some correction till 105 to take the support of previous bottom and after consolidating around lower level price gave sharp upside rally to make new highs of 128 odd levels. Volumes were on rise as buyers were in full control to take the price away from sellers.

Day trading guide for today: Domestic equity benchmarks Sensex and Nifty settled higher in the previous session supported by gains in select heavyweights, including HDFC Bank, Tata Steel amid positive global cues. In Asian markets, Seoul, Tokyo, Shanghai and Hong Kong ended with gains. European markets were trading in the green.

real estate, metals, and auto sectors. Nifty Realty, Auto, Metal, Consumer Durables ended in green with 0.63% to 1.7% gains. "Domestic indices traded in positive territory for the second consecutive day amid gains in global equities.

ET Intelligence Group: The stock of CreditAccess Grameen has gained 15% over the past three months compared with around 3.5% gains of the benchmark Sensex and the S&P BSE Financial Services indices. The country's largest listed microfinance company based on market capitalisation and assets under management (AUM) plans to mop up over Rs 1,000 crore through an NCD issue that began on August 24.

₹305 crore during the session. As per the NSE data, FIIs cumulatively bought ₹10,515.8 crore of Indian equities, while they sold ₹10,453.97 crore --- resulting in an inflow of ₹61.51 crore. Meanwhile, DIIs infused ₹8,131.87 crore and offloaded ₹7,826.78 crore, registering an inflow of ₹305.09 crore.

Khaitan Chemicals & Fertilizers(up 12.01%), Deepak Fertilizers & Petrochemicals(up 5.49%), Aries Agro(up 4.10%), Rashtriya Chemicals & Fertilizers(up 2.95%), Sikko Industries(up 2.35%), Gujarat Narmada Valley Fertilizers (up 2.24%), Rama Phosphates(up 1.98%), National Fertilizer(up 1.92%), Chambal Fertilisers & Chemicals(up 1.53%) and G S F C(up 1.17%) stood among the top gainers. Nagarjuna Fertilizers & Chem(down 3.98%), Mangalore Chemicals & Fertilizers(down 1.85%), Coromandel International(down 0.60%) and Madhya Bharat Agro Products(down 0.41%) were among the top losers of the day. The NSE Nifty50 index ended 36.6 points up at 19342.65, while the 30-share BSE Sensex closed up 79.22 points at 65075.82. Hindalco Industries(up 2.18%), UPL Ltd(up 2.13%), Adani Ports & Special Economic Zone(up 1.99%), Hero MotoCorp(up 1.92%), Tata Steel(up 1.66%), Bajaj Auto(up 1.39%), Adani Enterprises(up 1.38%), JSW Steel(up 1.25%), HDFC LIFE INSURANCE(up 1.2%) and Tech Mahindra(up 1.12%) stood among the top gainers in the Nifty pack. On the other hand, Bharti Airtel(down 1.74%), Hindustan Unilever(down 1.16%), Axis Bank(down 0.96%), Reliance Industries(down 0.96%), Dr Reddys Laboratories(down 0.9%), IndusInd Bank(down 0.66%), Apollo Hospitals Enterprises(down 0.55%), Sun Pharmaceutical Industries(down 0.48%), TATA CONSUMER PRODUCTS(down 0.42%) and Kotak Mahindra Bank(down 0.4%) closed in the red.

rupee declined by 8 paise to settle at 82.71 (provisional) against the US currency on Tuesday due to a rebound in crude oil prices and greenback in the global markets. Foreign fund outflows from the equity markets also weighed on the rupee sentiment, forex dealers said. At the interbank foreign exchange, the domestic unit opened higher at 82.58 amid overnight losses in the US dollar against major global rivals. Volatile equity markets and recovery in crude oil prices during the day hit the rupee sentiment, dragging the unit to a day's low of 82.73. The rupee settled lower by 8 paise at 82.71 against the US dollar.

The NSE Nifty index closed 36.6 points up at 19342.65, while BSE Sensex ended up 79.22 points at 65075.82. On the other hand, Bharti Airtel Ltd.(down 1.74 per cent), Hindustan Unilever Ltd.(down 1.16 per cent), Axis Bank Ltd.(down 0.96 per cent), Reliance Industries Ltd.(down 0.96 per cent) and Dr.

The NSE Nifty index ended the session 36.6 points up at 19342.65, while BSE Sensex rose 79.22 points to 65075.82. In the Nifty index, Hindalco Industries Ltd.(up 2.18 per cent), UPL Ltd.(up 2.13 per cent), Adani Ports & Special Economic Zone Ltd.(up 1.99 per cent), Hero MotoCorp Ltd.(up 1.92 per cent) and Tata Steel Ltd.(up 1.66 per cent) stood among the top gainers. On the other hand, Bharti Airtel Ltd.(down 1.74 per cent), Hindustan Unilever Ltd.(down 1.16 per cent), Axis Bank Ltd.(down 0.96 per cent), Reliance Industries Ltd.(down 0.96 per cent) and Dr.

Nifty settled higher on Tuesday, August 29, for the second consecutive session supported by gains in the shares of select heavyweights, including HDFC Bank, Larsen and Toubro and Tata Steel amid positive global cues. Sensex ended with a gain of 79 points, or 0.12 per cent, at 65,075.82.