Sensex, Nifty end flat after volatile day; Metal index up 2%, RIL down 1.5%

CLOSING BELL: RIL (down 1.45 per cent), Tech M, Dr Reddy's Labs, Bharti Airtel, Axis Bank, and TCS were the top laggards

CLOSING BELL

Stock market highlights: Equity markets swung between gains and losses on Monday as investors awaited outcomes of the Reserve Bank of India's monetary policy meeting, and Assembly elections of Gujarat and Himachal Pradesh, due later this week.

The S&P BSE Sensex oscillated in a range of 432 points before closing at 62,835, down 34 points or 0.05 per cent. The Nifty50, too, shut shop little changed at 18,701, up 5 points or 0.03 per cent, after a volatile trade.

In the broader markets, the BSE MidCap and SmallCap indices added 0.10 per cent and 0.25 per cent, respectively.

Among individual stocks, Tata Steel (up 3 per cent), NTPC, SBI, IndusInd Bank, and Power Grid were the top Sensex gainers, while RIL (down 1.45 per cent), Tech M, Dr Reddy's Labs, Bharti Airtel, Axis Bank, and TCS were the top laggards.

Within the mid- and small-cap space, M&M Financial Services, SJVN, Aditya Nirla Capital, Bajaj Hindustan Sugars, SEPC, Sadbhav Engineering, and Satin Credit Care were the winners. 

Sectorally, the Nifty Metal index gained nearly 2 per cent as easing Covid-19 related restrictions in China boosted hopes of global commodity demand. READ MORE

On the downside, the Nifty IT index slipped 0.7 per cent.

3:59 PM

Nifty Metal index gains nearly 2% as China eases Covid-19 rules

Shares of metal companies were in focus on Monday with the Nifty Metal index moving up nearly 2 per cent on the bourses, in an otherwise subdued market, as reopening of the Chinese economy brightened the outlook of global growth and commodity demand. READ MORE

3:56 PM

Mahindra Finance up 5%, hits 52-week high on healthy disbursements in Nov

The company recorded a disbursement of approximately Rs 4,500 crore in November 2022, delivering a 75 per cent YoY growth, on the backdrop of positive macro environment. READ MORE

3:54 PM

LTIMindtree commences trading with its new name; stock slips 2%

3:53 PM

TVS Motor dips 3%; 2.6 million shares change hands on BSE in opening deals

Shares of TVS Motor Company slipped after around 2.6 million or 0.55 per cent of the company's equity shares changed hands at the counter on the BSE in openig deals. READ MORE

3:50 PM

JK Lakshmi Cement soars 10%

Shares of JK Lakshmi Cement hit a fresh 52-week high of Rs 834 on heavy volumes in an otherwise range-bound market. READ MORE

3:49 PM

Kalyan Jewellers hits new high

Shares of Kalyan Jewellers hit a new high of Rs 116.35 amid amid heavy volumes on the BSE. The stock now trades at its highest level since its debut on March 26, 2021. READ MORE

3:46 PM

Market Breadth positive; 179 stocks log new 52-week high on BSE

3:45 PM

Broader indices edge higher in rangebound trade

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3:43 PM

Rupee ends notably weaker at 81.79/ $

Source: Bloomberg

3:39 PM

Nifty 50:: Top Losers on Monday

3:38 PM

Nifty 50:: Metal majors - Hindalco, Tata Steel top gainers chart

3:36 PM

Sensex 30 Heatmap:: 14 Gainers v/s 16 Losers

3:35 PM

CLOSING BELL:: Nifty 50 ends at tad higher, at 18,701

3:33 PM

CLOSING BELL:: S&P BSE Sensex ends 34 points lower at 62,835

3:26 PM

SBI personal banking loan book up Rs-5 trn mark, helped by digital push

State Bank of India’s portfolio of personal loans crossed the Rs 5-trillion mark at the end of November 30 this year, said the country’s largest lender on Monday. The bank gave loans worth Rs 1 trillion in 12 months in the portfolio that includes pension, auto, education, and gold. The portfolio does not include housing loans. READ MORE