SENSEX Financial News

On the BSE, Ascensive Educare(down 9.98 per cent), Mukta Agriculture(down 9.61 per cent), EP Biocomposites(down 8.49 per cent), Dynamic Ind(down 8.23 per cent) and Saianand Commercial(down 8.16 per cent) were among the stocks that plunged over 5 per cent during the session. In the Nifty pack, 33 stocks traded in the green, while 16 stocks traded in the red. The Nifty index was trading 57.35 points up at 19323.15. On the BSE, Decorous Investme, A F Enterprises, Colorchips New Media, Karnavati Finance Lt and Neogem India hit their fresh 52-week lows, while BITS Ltd, Olatech Solutions, Auro Labs, Ravinder Heights and Tierra Agrotech touched their fresh 52-week highs.

The NSE Nifty index was trading 32.55 points up at 19298.35, while BSE Sensex was up 75.83 points at 64962.34 at the time of writing this report. In the Nifty index, Bharat Petroleum Corporation Ltd.(up 1.58 per cent), Mahindra & Mahindra Ltd.(up 1.40 per cent), Power Grid Corporation of India Ltd.(up 1.38 per cent), Cipla Ltd.(up 1.36 per cent) and Sun Pharmaceutical Industries Ltd.(up 1.30 per cent) were among the top gainers. While HCL Technologies Ltd.(down 1.14 per cent), Bajaj Finance Ltd.(down 0.64 per cent), Hindustan Unilever Ltd.(down 0.63 per cent), Bharti Airtel Ltd.(down 0.54 per cent) and Asian Paints Ltd.(down 0.54 per cent) were among the top losers in the index.

Bharat Forge Ltd. traded at Rs 1041.8 on BSE at 10:20AM (IST) on Monday, up 1.95 per cent from previous close. The scrip quoted a 52-week low price of Rs 677.85 and a high of Rs 1052.0. Earlier, shares of the company saw a gap up opening in the morning. A total of 8,912 lakh shares changed hands on the counter till 10:20AM (IST). The stock of Bharat Forge Ltd.

Indian Hotels Company Ltd. traded 0.43 per cent up at Rs 393.65 at around 10:25AM (IST) on Monday.

Zydus Wellness(up 3.92%), Parag Milk(up 3.56%), ADF Foods(up 3.51%), Dodla Dairy(up 3.21%), Prataap Snacks(up 2.14%), Hatsun Agro Product Ltd(up 2.10%), Bikaji Foods International(up 1.68%), Heritage Foods(up 1.58%), Mrs Bectors Food Specialities(up 0.89%) and Emami(up 0.82%) were among the top gainers. Future Consumer(down 42.86%), Tasty Bite Eatables(down 2.46%), Colgate Palmolive(India)(down 1.18%), Varun Beverages(down 1.16%), Godrej Consumer Products(down 1.01%), Umang Dairies(down 0.79%), Britannia Industries(down 0.79%), Jyothy Labs(down 0.76%), Patanjali Foods(down 0.76%) and Marico(down 0.75%) were among the top losers. The NSE Nifty50 index was trading 23.2 points up at 19289.0, while the 30-share BSE Sensex was up 48.8 points at 64935.31 at around 10:14AM. Bharat Petroleum Corporation(up 1.57%), Cipla(up 1.34%), Larsen & Toubro(up 1.28%), Mahindra & Mahindra(up 1.28%), Power Grid Corporation of India(up 1.22%), Sun Pharmaceutical Industries(up 1.09%), Maruti Suzuki(up 1.08%), Hero MotoCorp(up 1.07%), Coal India(up 0.75%) and Bajaj Auto(up 0.7%) were among the top gainers in the Nifty pack. On the other hand, HCL Technologies(down 1.12%), Britannia Industries(down 0.79%), Bharti Airtel(down 0.75%), Hindustan Unilever(down 0.65%), Bajaj Finance(down 0.63%), LTIMindtree Ltd(down 0.57%), Tata Consultancy(down 0.55%), Tech Mahindra(down 0.55%), Nestle India(down 0.45%) and Asian Paints(down 0.41%) were trading in the red.

Aro Granite Industries(up 8.00%), Gujarat Mineral Dvpt Corporation(up 4.79%), Lexus Granito(up 3.54%), Madhav Marbles and Granites(up 2.82%), Pokarna(up 1.79%), Ashapura Minechem(up 1.69%), Orissa Minerals Development Company(up 1.53%), NMDC Ltd(up 1.13%) and Coal India(up 0.72%) were among the top gainers. MOIL(down 1.01%) and KIOCL(down 0.66%) were among the top losers. The NSE Nifty50 index was trading 19.3 points up at 19285.1, while the 30-share BSE Sensex was up 28.8 points at 64915.31 at around 10:09AM. Bharat Petroleum Corporation(up 1.97%), Cipla(up 1.3%), Mahindra & Mahindra(up 1.23%), Power Grid Corporation of India(up 1.2%), Maruti Suzuki(up 1.08%), Sun Pharmaceutical Industries(up 0.98%), Hero MotoCorp(up 0.91%), Larsen & Toubro(up 0.86%), Coal India(up 0.72%) and Bajaj Auto(up 0.68%) were among the top gainers in the Nifty pack. On the other hand, HCL Technologies(down 0.9%), Britannia Industries(down 0.86%), Hindustan Unilever(down 0.81%), Bharti Airtel(down 0.74%), Asian Paints(down 0.55%), Tata Consultancy(down 0.54%), LTIMindtree Ltd(down 0.53%), Tech Mahindra(down 0.53%), Bajaj Finance(down 0.49%) and Nestle India(down 0.48%) were trading in the red.

₹2,474 against the previous close of ₹2,469.95 and quickly rose 0.32 per cent to ₹2,477.75. However, the stock soon slipped into the red, falling 0.3 per cent. Around 9:50 am, the stock was up 0.19 per cent at ₹2,474.70 on BSE.

The S&P BSE Sensex fell more than 300 points while the Nifty50 closed below 19300 levels on Friday. India VIX was up by 3.27% from 11.70 to 12.08 levels in the previous session. Volatility has spiked and moved in swings in the week. On the monthly options front, the maximum Call OI is placed at 19500 and then towards 19300 strikes while the maximum Put OI is placed at 19000 and then towards 19300 strikes. Call writing is seen at 19300 then 19400 strikes while Put writing is seen at 19200 then 19100 strikes. “Options data suggests a broader trading range in between 19100 to 19600 zones while an immediate trading range in between 19100 to 19400 zones,” Chandan Taparia, Analyst-Derivatives at Motilal Oswal Financial Services Limited, said. “Nifty formed a small-bodied candle on the daily frame and broke its higher highs formation of the last four sessions on Friday.

US Federal Reserve Chair Jerome Powell at Jackson Hole. The local currency opened at 82.55 a dollar as compared to Friday’s close of 82.65. The dollar eased from a 12-week peak as traders weighed the US monetary path after the Fed Chair Jerome Powell left open the possibility of further interest rate increases, while the yen hovered close to its lowest in over nine months, Reuters reported.

Day trading guide for today: On account of weak global market cues, Indian stock market ended downside on second day in a row on Friday. NSE Nifty went down 120 points and ended at 19,265 levels, BSE Sensex finished 365 points southward at 64,886 mark whereas Bank Nifty index corrected 264 points and closed at 44,231 levels. NSE Cash market volumes were higher as compared to recent average.

Nifty, are likely to open higher Monday amid positive global cues. The trends on Gift Nifty also indicate a positive start for the Indian benchmark index. The Gift Nifty was trading flat at around 19,275 level as compared to the Nifty futures’ previous close of 19,223.60.

₹600 crore derivatives position before Adani probe report.3. IDFC First Bank - Wins title sponsorship rights for BCCI matches for the next three years.4. Zee Entertainment - Former CEO challenges recent order by SEBI.5.

Reliance Industries: Reliance AGM 2023 date has been fixed on 28th August 2023. The Sensex heavyweight is expected to unveil its business blueprint for the future. According to market experts, after the demerger of Jio Financial Services Ltd (JFSL) from RIL, the market is expecting some concrete announcements in regard to Future Retail IPO and Reliance Jio IPO.

global markets. The BSE Sensex fell 365 points at 64,886, while Nifty declined 120 points to end at 19,265. Stocks that were in focus include names like Paytm, which fell 0.71%, Mastek, which gained 2.25%, and KFin Technologies, whose shares jumped 11.65% 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:Paytm — Buy for long term The counter has witnessed a breakout of a triangle formation, which is generally considered a bullish signal.

Indian stock market is likely to open higher on Monday led by positive global cues amid gains in Asian and US peers. This week, investors will eye a host of stock market triggers including the much-awaited annual general meeting (AGM) of oil-to-telecom conglomerate Reliance Industries, macroeconomic data, global cues, and more. In the week gone by, Indian stock market consolidated in a range and settled lower for the fifth successive week, the longest streak since April 2022, amid weak global cues.

Buy or sell stocks for today: Following weak global market sentiments, Indian stock market ended lower on second day in a row on Friday. NSE Nifty corrected 120 points and finished at 19,265 levels, BSE Sensex ended 365 points lower at 64,886 mark whereas Bank Nifty index lost 264 points and closed at 44,231 levels.

Reliance Industries, macroeconomic data, global cues, and more. Markets consolidated in a range and settled lower for the fifth successive week -the longest streak since April 2022 - mainly pressurized by weak global cues. The tone was positive for most of the week but a decline in the final sessions pushed the index in the red.

Foreign portfolio investors (FPIs) performance remains muted on D-Street so far in August due to the rising US bond yields and stronger US dollar, after sustained buying in the last three months. FPIs bought ₹10,690 crore worth of Indian equities and infused a total of ₹14,766 crore as of August 26, taking into account debt, hybrid, debt-VRR, and equities, according to National Securities Depository Ltd (NSDL ) data. The ₹10,690 crore-figure also includes bulk deals and investment in primary market.

Read more Jio Financial Services stock will now be removed from the all the S&P BSE indices, including Sensex, Sensex 50, BSE 100, BSE 500 among others, before opening of trading on September 1. Read more The Securities and Exchange Board of India (Sebi) on Friday informed the Supreme Court that it has concluded 22 out of 24 separate investigations into the Adani group, analysed data on nearly 350 million stock trades, and scrutinized dealings in seven Adani group firms involving tens of thousands of documents.

Buy or sell stocks: Indian stock market plunged, an all-round sell off on Friday tracking weak global cues. NSE Nifty lost 120 points and closed at 19,265, BSE Sensex shed 365 points and ended at 64,886 levels while Bank Nifty index corrected 264 points and finished at 44,231 mark. Nifty Mid-cap Index underperformed the Nifty with a large margin by falling 0.82 per cent in today’s session.

Indian stock market experts and investors are eagerly waiting for the 46th AGM (Annual General Meeting) of Reliance Industries Ltd (RIL) as the Sensex heavy weight is expected to unveil its business blueprint for future. According to market experts, after demerger of Jio Financial Services Ltd (JFSL) from RIL, market is expecting some concrete announcement in regard to Future Retail IPO and Reliance Jio IPO.