Market LIVE: Sensex ends 515 pts
Market LIVE: Sensex ends 515 pts: Share Market News Today | Sensex, Nifty, Share Prices LIVE: BSE Sensex and NSE Nifty 50 ended nearly 1 percent higher on Thursday, a day of weekly F&O expiry.
Share Market News Today | Sensex, Nifty, Share Prices LIVE: Domestic equity market benchmarks BSE Sensex and NSE Nifty 50 ended nearly 1 percent higher on Thursday, a day of weekly F&O expiry. BSE Sensex jumped 515 points or 0.9 percent to end at 59,333, while NSE Nifty 50 gained 124 points or 0.7 percent to settle at 17,659. Stocks of Axis Bank, Bajaj Finance, HDFC, Tech Mahindra, Wipro, State Bank of India (SBI), and ICICI Bank among others were top index gainers. On the flip side, ITC, NTPC, HUL, Maruti, and Bharti Airtel stocks capped the gains in the index.
Closing Bell: Sensex ends 515 pts higher, Nifty tops 17,600; IGL rallies 7%, Zomato 3%
Stock exchange clearing houses mark settlement holiday on Tuesday, 16 August 2022, on account of Parsi New Year. On settlement holiday, trading in equity markets takes place as usual, but clearing and settlement remain shut for Payin and Payout of stocks and funds. It may be noted that the trading holiday is different from the settlement holiday: in the case of the former, stock markets remain closed and no trading takes place. Next week, Indian stock markets will observe a trading holiday too on Monday, 15 August 2022, on account of the Independence Day
We maintain BUY on Eicher Motors as we anticipate (1) volume growth from new product launches (2) rising export volume from channel expansion and market share gains and (3) margin expansion as operating leverage kicks in (we build in ~380bps EBITDA expansion over FY22-24E). We increase our EPS estimates by 2/5% for FY23/24 and assign a revised SoTP-based TP of Rs 3,400 (at 28x FY24E EPS for standalone business vs 27x earlier to factor in positive outlook and 18x for VECV).
Sensex up 515 pts, Nifty tops 17,650 on lower-than-expected US inflation
SAIL reported a dismal volume performance during the quarter under review, with EBITDA aided by higher realization. Further, while steel production stood at 4.08mn tonnes, sales at 3.15mn led to huge inventory built up entering into a seasonally slow 2QFY23. However, going forward, we believe that the company is well positioned to continue benefiting from stable spreads over the next few years. Capacity expansion is nearing completion, resulting in volume growth. Also, we expect balance sheet deleveraging to continue, with net debt slated to reduce further from Rs173bn in FY22
Tracking strong cues from Wall Street, the Nifty has advanced today to its highest level since April. The bullish momentum remains powerful, but the index has now approached a confluence of resistance near 17800. This includes a trend line resistance drawn connecting the peaks from the record high as well as the 161.8% retracement of the June sell-off. Given the magnitude of the rally over the last few weeks, one must take a cautious stance on the Nifty until 17800 is not surpassed. That said, if 17800 is surpassed, the rally is likely to extend towards 18100 in the days ahead.
Share Market Update: Sensex rises 515 pts, Nifty at 17,640; Axis Bank, Bajaj Finance gain
BSE Sensex and NSE Nifty 50 were trading one percent higher on Thursday, a day of weekly F&O expiry. BSE Sensex rose to a day’s high of 59,484.99 and fell to a day’s low of 59,280. NSE Nifty hit a day’s high of 17,719 and a low of 17,644.45 apiece. So far in the trade, ICICI Bank stock hit a fresh 52-week high of Rs 866.15 apiece, surpassing the previous high of Rs 859.70 apiece touched in October last year. While no stock on S&P BSE Sensex hit a fresh 52-week low so far
Indian shares jumped to near two-month highs on Thursday, lifted by gains in non-bank lender Bajaj Finance after its quarterly earnings beat expectations, and as the U.S. Federal Reserve hiked rates on expected lines.
The U.S. Federal Reserve’s 0.75 percentage point hike in interest rates and Fed Chair Jerome Powell’s comments dismissing chances of a recession gave markets some relief.
Bajaj Finance surged 5.8% to its highest in nearly three months, topping gains on the Nifty 50 after the non-bank lender reported stronger-than-expected first-quarter results.
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23 minutes ago — Equity benchmark Sensex rallied 515 points on August 11, 2022 to reclaim the 59,000-level, propelled by heavy buying in IT, banking and
18 minutes ago — The Nifty continued to remain above the consolidation on the daily chart, suggesting a continuation of the up trend in the market. On the higher
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13 minutes ago — BSE Sensex jumped 515 points or 0.9 per cent to end at 59,333, while NSE Nifty 50 gained 124 points or 0.7 per cent to settle at 17,659. Stocks
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31-May-2021 — The barometer index, the S&P BSE Sensex, advanced 514.56 points or 1% to 51,937.44. The Nifty 50 index gained 147.15 points or 0.95% to
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30 minutes ago — Stock market updates Nifty ends above 17,600, Sensex rises 515 pts led by IT,. స్టాక్ మార్కెట్ అప్డేట్ ( Image
35 minutes ago — Mumbai: Domestic equity benchmark BSE Sensex soared over 500 points to close at an over four-month high and the broader NSE Nifty settled
https://economictimes.indiatimes.com › Markets › Stock
51 minutes ago — Closing Bell: Sensex ends 515 pts higher, Nifty tops 17,600; IGL rallies 7%, Zomato 3% Sensex Today Live: Indian shares climbed 1% in early
11 Aug – 12 Aug
Sensex Today Live: Closing
https://www.business-standard.com › Markets › News
24 minutes ago — Back home, the S&P BSE Sensex surged 515 points, or 0.88 per cent, to end at 59,332. The Nifty50, meanwhile, advanced 124 points,
Thu, 11 Aug
Sensex up 515 pts, Nifty tops
https://www.businesstoday.in › MARKETS › Stocks
8 hours ago — Sensex rises 515 points to 59,332 and Nifty closes 106 points higher at 17,640. The stock market ended on a flat note on Wednesday,
https://m.economictimes.com › ET NOW
Sensex sheds over 300 pts, Nifty tests 15,500; banks and IT stocks drag. Sensex loses 3 points, Nifty ends flat at 15,575; Venky’s jumps 10%. Sensex gains
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Get the Sensex jumps 515 pts Nifty ends above 15 latest share market new for Equity, commodity, currency, Powered by Capital Market – Live News
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16 minutes ago — Equity benchmark Sensex rallied 515 points on Thursday to reclaim the 59000-level, propelled by heavy buying in IT, banking and financial
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28-Jul-2022 — Stock Market Highlights: Indian equity benchmarks BSE Sensex and NSE Nifty50 ended a choppy session well in the green on Wednesday,
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31-May-2021 — Stock market LIVE: Earlier in the day, Nifty went past its previous record intraday high of 15469.65 it touched on Friday and hit a new
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3 days ago — Share Market Close: Indices started the day flat but flourished later and ended with a gain of 0.8%. Sensex ended above 58,850 and Nifty topped
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Markets halt 3-day decline; Sensex closes 503 pts higher, Nifty above 16,100 Sensex, Nifty end at new highs; IT, auto stocks shine