CLOSING BELL: The NSE Nifty shut shop at 18,015, up 208 points. Broader indices outperformed the benchmarks with gains of up to 3 per cent.

Stock market rally, bull trading, Sensex, nifty

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	<strong>STOCK MARKET HIGHLIGHTS</strong><br />
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	After four days of decline, the key benchmark indices bounced back in trade on Monday led by financial and energy shares.&nbsp;</div>
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	The S&P BSE Sensex dipped to a low of 59,754 in opening deals, but soon rebounded and marched higher for most of the trading session. The BSE benchmark hit a high of 60,834 &ndash; up 1,080 points from the day&rsquo;s low. Despite trimming some gains towards the fag end of the day, the <strong>Sensex </strong>finished 721 points higher at 60,566. In the process, the Sensex snapped its four-day losing streak, wherein the BSE bechmark had shed 1,961 points.<br />
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	The <strong>NSE Nifty 50 </strong>rallied 310 points in intra-day trades, and eventually settled with a gain of 208 points, thus reclaiming the 18,000-mark.</div>
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	SBI and IndusInd Bank were the top gainers among the Sensex 30, up 4 per cent each. Bajaj Finserv, Tata Steel, ITC, Axis Bank, HDFC Bank, Ultra Tech Cement, NTPC and Tata Motors were the other major gainers, up 2 &ndash; 3 per cent each. On the flip side, Nestle India slipped over a per cent.&nbsp;</div>
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	The broader markets outperformed in trades today - the BSE Midcap surged 2.3 per cent, while the Smallcap index vaulted 3.1 per cent. The overall breadth too was extremely positive, with 2,877 shares advancing versus 760 declining stocks on the BSE.</div>
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	Sectorally, the Bank Nifty was up 2 per cent. The BSE Power index soared over 3 per cent. The Metal, Realty and Commodities indices also finished more than 2 per cent higher each.</div>
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	Among individual shares, <strong>NDTV </strong>rallied 5 per cent in intra-day trades after founders Prannoy Roy and Radhika Roy said that they would sell 27.26 per cent out of their 32.26 per cent shareholding in the news broadcaster to the Adani Group. <a href="https://www.business-standard.com/article/markets/ndtv-gains-5-as-founders-plan-to-sell-27-26-stake-to-adani-group-122122600163_1.html" target="_blank"><strong>READ MORE</strong></a></div>
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	<strong>eClerx Services </strong>dipped up to 7 per cent on turning ex-date for buyback via tender offer. The company has proposed to buy back 1.71 million equity shares at a price of Rs 1,750 apiece via tender offer route. <a href="https://www.business-standard.com/article/markets/ecierx-services-slips-7-as-stock-goes-ex-date-for-buyback-via-tender-offer-122122600457_1.html" target="_blank"><strong>READ MORE</strong></a></div>
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	<strong>Primary Market Update:&nbsp;</strong></div>
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	<strong>Radiant Cash Management Services </strong>IPO was merely subscribed 10 per cent as of 15:45 PM on Day 2 of the offer period. The public sale closes Tuesday.</div>
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Sensex snaps 4-day losing streak, ends 721 pts up; Nifty reclaims 18,000

Business Standard

Sensex snaps 4-day losing streak, ends 721 pts up; Nifty reclaims 18,000 | News on Markets - Business Standard

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PRE-OPEN: Nifty hinting slightly positive open

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PRE-OPEN: Sensex likely to start lower, down 90 pts

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CURRENCY ALERT: Rupee opens 9 paise stronger at 82.77/$

Nifty looking to reclaim 18,000, SGX futures in green

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Stocks to Watch: Suven Pharma, Telecom, Restaurant, Travel, DLF, Tata Power

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	Suven Pharma: Advent International has entered into an agreement to acquire a significant stake in Suven Pharma, with its promoters the Jasti family. Post stake buy, Advent will also be making an open offer for additional 26 per cent stake, and explore merger of Suven Pharma with its portfolio firm Cohance Lifesciences.</div>
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	Hotels, Travel: Shares of tourism and restaurants owners are likely to be in focus as a new variant of Covid-19 threatens to disrupt the demand. So far, India has made test compulsory for international travelers from 5 nations. <a href="https://www.business-standard.com/article/markets/stocks-to-watch-today-suven-pharma-telecom-dlf-tata-power-hindustan-zinc-lic-122122600073_1.html" target="_blank"><strong>Read more</strong></a><br />
	<img alt="stock market, markets, trading, nse, bse, sensex, nifty, rally, coronavirus, covid, lockdown" src="https://bsmedia.business-standard.com/_media/bs/img/article/2021-01/29/full/1611860206-2995.jpg?im=Resize,width=640" /></div>

Adani Wilmar emerges as best performing IPO of year 2022 post listing

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	Adani Wilmar has emerged as the top performing IPO of year 2022 with returns of more than 155 per cent post listing. <a href="https://www.business-standard.com/article/markets/adani-wilmar-emerges-as-best-performing-ipo-of-year-2022-post-listing-122122500698_1.html" target="_blank"><strong>Read more</strong><br />
	<img alt="Photo: Bloomberg" src="https://bsmedia.business-standard.com/_media/bs/img/article/2022-10/13/full/1665644110-5706.jpg?im=Resize,width=640" /></a></div>

ALERT: Godrej Properties acquires 62 acre-land in Kurukshetra, Haryana

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	The Kurukshetra Project will offer approximately 1.4 msf of plotted residential development, the company said.</div>
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Brent jumps 4% to $84 a bbl; Russia may cut output in response to G7 price cap

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Shenzhen index rises over 1%, Nikkei 0.5%; most Asian markets closed

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Data Check:: MFs consistent net buyers in the last seven trading sessions

Data Check:: FIIs/ FPI trading activity in recent trading sessions

All 3-major US indices gain on Friday: Dow Jones up over 150 points

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