Oberoi Realty jumps 5% amid NCR foray
The based real-estate developer has acquired 14.8 acres of land in Gurugram for ₹597 crore for its first venture outside Mumbai. It plans to develop a luxury project on the site.
Sensex Today Live: Balkrishna Industries sheds 5%
Sensex Today Live: FMCG, auto, media stocks trade lower
Sensex Today Live: Oil extends gains on expectations of further OPEC+ supply cuts
Oil futures edged higher on Monday, extending gains on expectations of more OPEC+ supply cuts to shore up prices, which have fallen for four weeks on easing concerns of supply disruption due to the Israel-Hamas conflict.
Brent crude futures climbed 66 cents, or 0.8%, to $81.27 a barrel by 0700 GMT while U.S. West Texas Intermediate crude was at $76.49 a barrel, up 60 cents or 0.8%.
Sensex Today Live: 1 pm market update
The Sensex was down 173.30 points or 0.26% to 65,621.43, and the Nifty was down 45.60 points or 0.23% to 19,686.20 at 1 pm on Monday.
Sensex Today Live: Nifty Pharma hits record high
Nifty Pharma touched a record high of 15,950.80, up 0.9%, on Monday. Shares of Torrent Pharmaceuticals (up 0.58%), GlaxoSmithKline Pharmaceuticals (up 4.65%), Aurobindo Pharma (up 0.02%) were at 52-week-highs, while those of Sanofi India (up 0.57%) , Cipla (down 0.12), Zydus Lifesciences (up 0.05%) were hovering near their 52-week highs. Read more.
Sensex Today Live: Tokyo shares end lower
Tokyo stocks gave up their gains and ended lower on Monday as investors grew cautious about possible overheating of the economy. The Nikkei 225 index ended down 0.59% or 197.17 points at 33,388.
Sensex Today Live: Tata Investment shares surge another 15% ahead of Tata Technologies IPO
Shares of Tata Investment Corporation rallied more than 15% to a fresh 52-week high on Monday after jumping to 20% in the previous session. The rally is due to the Tata Technologies IPO, which will open for public subscription on 22 November.
Sensex Today Live: HCL Tech stock hits 52-week high, nears all-time high
Shares of HCL Technologies hit a fresh 52-week high of ₹1,331.25, up nearly 2% on the BSE. The stock has rallied 6% in the past four sessions and is nearing its record high of ₹1,377.75 from September 24, 2021.
Sensex Today Live: Nifty Auto down 0.8%
Sensex Today Live: Talbros Automotive jumps 19% after winning orders worth ₹580 crore
Sensex Today Live: Nykaa shares hit 11-month high
Nykaa shares surged more than 5% on Monday to hit an 11-month high. The BPC business reported sluggish growth but the stock gained thanks to a rebound in the fashion business.
Sensex Today Live: BSE Mid Cap and Small Cap indices hit fresh highs
The surge in mid-cap and small-cap stocks shows no signs of waning, even as they hit record levels. The BSE Mid Cap and BSE Small Cap indices hit new highs of 33,526 points and 39,855 points on Monday. They have both surged nearly 8% each this month.
The Nifty and Sensex have gained 9% and 8% so far this year, while the BSE Mid Cap index and BSE Small Cap indices have surged 32.27% and 37.70%, respectively. Read more.
Sensex Today Live: Jubilant Foodworks president & CFO Ashish Goenka resigns
The company’s stock fell more than 1% on the news.
Sensex Today Live | Share Market Updates: Growth slows further for consumer staples in Sept quarter
Aggregate reported revenue growth of consumer staples companies under Kotak Institutional Equities’ coverage fell to 5.2% in the September quarter (Q2FY24), marking the fourth straight quarter of drop in the measure.
On a like-for-like basis, growth stood at 4.6% last quarter. Growth was bogged down by price cuts. Moreover, price hikes in the base are adding to the woes. Companies reported a delay in rural recovery. Plus, there is continued pressure from local competition in select categories such as tea, detergent bars, and biscuits on easing input prices. Read more.
Sensex Today Live | Share Market Updates: Aurobindo Pharma stock hits 52-week high after US FDA gives clean chit to Telangana unit
Shares of Aurobindo Pharma gained 1% to hit a new 52-week high of ₹1,017.30 on Monday after the United States Food and Drug Administration concluded a pre-approval inspection with zero observations.
Sensex Today Live | Share Market Updates: Adani Power shares rise as promoters raise stake by 2.06%
Shares of Adani Power rose 1.5% in early trade on Monday as Ardour Investment Holding and Emerging Market Investment DMCC, two of the company’s promoters, raised their stakes through open-market transactions between 26 September and 16 November.
Ardour Investment raised its stake by 1.93%, while Emerging Market Investment DMCC increased its stake by 0.13%.
Sensex Today Live | Share Market Updates: Vedanta gains despite ₹1.38 crore GST notice
Shares of Vedanta opened 0.5% higher in early trade on Monday despite receiving a ₹1.38 crore GST demand. In a regulatory filing on 18 November, Vedanta said that it had received the demand order from the GST & Central Excise Commissionerate, Rourkela. The company said it would appeal the order.
Sensex Today Live | Share Market Updates: Zen Technologies shares rise 4.40% on securing ₹42 crore export order
Shares of Zen Technologies, an anti-drone technology and defence training solutions provider, rose by 4.40% to ₹754 in early trade on Monday after it secured an export order worth about ₹42 crore.
Sensex Today Live | Share Market Updates: Oberoi Realty buys nearly 15 acres in Gurugram for ₹597 crore
Oberoi Realty has bought nearly 15 acres in Gurugram for ₹597 crore to develop a luxury housing project, marking its foray into Delhi-NCR. The Mumbai company said it has struck a deal with Ireo Residences and others to acquire the land in Sector 58, Gurugram.
Sensex Today Live | Share Market Updates: Mehta family likely sold 5% stake in Prataap Snacks via block deal, stock shoots up 15%
As many as 13 lakh shares of Prataap Snacks exchanged hands.
Sensex Today Live | Share Market Updates: Markets at 10 am
At 10 am the Sensex was down 116.01 points or 0.18% at 65,678.72, and the Nifty was down 21.50 points or 0.11% at 19,710.30.
Sensex Today Live | Share Market Updates: ASX hires TCS to overhaul clearing and settlement software
Australian stock exchange operator ASX said it has hired Tata Consultancy Services to overhaul its clearing and settlement software after ditching a much-criticised blockchain-based effort.
Sensex Today Live | Share Market Updates: L&T Technology Services partners With Nvidia
L&T Technology Services has announced a collaboration with chipmaker Nvidia to develop software-defined architectures for medical devices focused on endoscopy, aiming to enhance image quality and scalability of products.
Sensex Today Live | Share Market Updates: Mankind Pharma enters FTSE Global index
The FTSE Global Equity Index has included Mankind Pharma in its large cap category.
Sensex Today Live | Share Market Updates: BSE MidCap index up 0.37%
Sensex Today Live | Share Market Updates: TCS announces record date for buyback
Tata Consultancy Services said it will determine on November 25 the names and entitlement of shareholders who will be eligible to participate in its buyback. The company plans to buy back up to over 4.1 crore fully paid-up equity shares with a face value of ₹1 each at ₹4,150 per share, for an aggregate amount not exceeding ₹17,000 crore.
Sensex Today Live | Share Market Updates: Cipla gets warning letter from USFDA
Cipla has received a warning letter dated 17 November from the United States Food and Drug Administration (USFDA) for the routine current good manufacturing practices inspection conducted at its Pithampur manufacturing facility between 6 and 17 February.
Sensex Today Live | Share Market Updates: Tata Investment up 5%, BLS down 3%
Sensex Today Live | Share Market Updates: Indices open marginally down
The Sensex and Nifty opened marginally lower amid mixed global cues. The Sensex was down 18.49 points or 0.03% at 65,776.24, and the Nifty was up 0.60 points at 19,732.40.
Major gainers on the Nifty included Hindalco Industries, NTPC, Divis Labs, Apollo Hospitals and HCL Technologies. Axis Bank, Asian Paints, Kotak Mahindra Bank, Cipla and SBI Life Insurance were among the losers.
Sensex Today Live | Share Market Updates: Umesh Revankar, executive vice chairman, Shriram Finance
“The new regulatory measures from the RBI have certainly made everyone anxious and NBFCs will now do well to closely monitor their margins. The regulator is wary of multiple loans to individuals that are mostly happening in the digital lending space where the end use of the loan isn’t always crystal clear.
“I think most of the established NBFCs and banks are mindful of it and exercise fair control on their portfolio. Today, credit decisions rely heavily on data from the bureau and hence I believe there is no need to panic. The RBI must be having more data analytics and insight, maybe proactively drawing attention to the issue, which is a good idea since it’s better to err on the side of caution.”
Sensex Today Live | Share Market Updates: Rupee opens flat against US dollar
The rupee opened flat at 83.27 against the US dollar on Monday.
Sensex Today Live | Share Market Updates: Market flat at pre-open
Benchmark indices are trading flat in the pre-opening session.
The Sensex was down 28.68 points or 0.04% at 65,766.05, and the Nifty was down 39.10 points or 0.20% at 19,692.70.
Sensex Today Live | Share Market Updates: Talbros bags multi-year orders worth ₹580 crore
Talbros Automotive Components has received multi-year orders worth ₹580 crore from domestic and overseas customers across, including export orders worth ₹415 crore and multiple EV orders worth ₹270 crore from leading OEMs.
Sensex Today Live | Share Market Updates: Rupak De, senior technical analyst at LKP Securities
“Over the past two to three days, a ‘buy on dips’ approach has been loved by the street since the Nifty crossed the crucial 19,500 mark. The trend is expected to stay positive as the Nifty consistently concludes trading sessions above the critical moving averages.”
Sensex Today Live | Share Market Updates: Rupee likely to inch up on more dollar losses
The rupee is likely to open slightly higher on Monday after the dollar declined to its lowest in over two months against a basket of major peers. Non-deliverable forwards indicate rupee will open at around 83.24-83.25 to the US dollar, compared with 83.27 in the previous session.
Sensex Today Live | Share Market Updates: V K Vijayakumar, chief investment strategist at Geojit Financial Services
“An important trend in the market is the increasing clout of DIIs, HNIs and retail investors and the diminishing influence of FPIs. During August, September, October and November till 15th FPIs cumulatively sold stocks for ₹83422 crores through the exchanges. During this period DIIs alone bought stocks worth ₹77995 crores. FPI selling is completely getting neutralised by DII and individual investor buying. This is the reason why Nifty is around 19700, the same level which it was in early August.
“The resilience of the market and strong up moves on favourable days have forced a rethinking in FPI strategy. That’s why they turned buyers on 15th and 16th of this month after sustained selling in the first two weeks of November.”
Sensex Today Live | Share Market Updates: Gold weighed down by US yields
Gold prices edged lower in the early hours on Monday after hitting a two-week high in the last session, weighed down by a slight uptick in US Treasury yields.
Sensex Today Live | Share Market Updates: Cipla, Aurobindo Pharma, Delhivery among stocks in focus today
Cipla announced on Friday that it has pledged a guarantee of ZAR 945 million to FirstRand Bank in South Africa. The guarantee is meant to facilitate the extension of general banking facilities to Cipla’s subsidiary, Medpro Pharma.
Meanwhile, SoftBank sold a nearly 2.5% stake in Delhivery for ₹739 crore through an open market transaction. And the United States Food and Drug Administration (US FDA) concluded a pre-approval inspection of Unit-I & III of Aurobindo Pharma subsidiary APL Healthcare’s formulation manufacturing facility in Telangana with zero observations. Read more.
Sensex Today Live | Share Market Updates: GIFT Nifty signals muted start
GIFT Nifty on the NSE IX traded 14.5 points or 0.07 per cent down at 19,805, signaling that markets were headed for muted start.
Sensex Today Live | Share Market Updates: Dollar languishes as Fed expected to start easing monetary policy
The dollar was near an over two-month low on Monday, struggling to make headway as focus shifts to how soon the Federal Reserve could begin easing monetary policy. A key rate decision from China is also in focus, with expectations that Beijing will leave lending benchmark rates unchanged on Monday.
Sensex Today Live | Share Market Updates: Securities in F&O ban list for today
The NSE has added RBL Bank to its F&O ban list for November 20, while retaining Chambal Fertilisers and Chemicals, Delta Corp, Hindustan Copper, India Cements, Manappuram Finance, MCX India, and Zee Entertainment Enterprises in the list. SAIL has been removed from the F&O ban.
Sensex Today Live | Share Market Updates: FPIs turn buyers, invest ₹1,433 crore in equities this month
After sustained selling in the past two-and-a-half months, FPIs have bought Indian equities worth ₹1,433 crore so far in November, mainly because of the decline in US treasury bond yields and crude oil prices. Foreign portfolios investors (FPIs) were net sellers until November 15. However, they reversed the trend by infusing money during 16-17 November, data from the depositories showed.
Sensex Today Live | Share Market Updates: Oil futures nudge higher
Oil futures nudged higher on Monday, extending gains based on expectations that OPEC+ will deepen supply cuts to shore up prices. The price of oil has fallen for four weeks as concerns have eased that the Israel-Hamas conflict will disrupt supplies. Brent crude futures climbed 11 cents, or 0.1%, to $80.72 a barrel by 0012 GMT while US West Texas Intermediate crude was at $75.97 a barrel, up 8 cents. The front-month December contract expires later on Monday while the more active January futures gained 13 cents, or 0.2%, at $76.17 a barrel.