CLOSING BELL: HDFC, Nestle India, ITC, RIL, Axis Bank, and Ultratech Cement were the top gainers

MARKET LIVE: Sensex, Nifty pare day's gain; SBI, IT stocks weigh

markets, investor, stock market, broker, trader

<b>CLOSING BELL<br />
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Stock market highlights:&nbsp;</b>After holding on to their gains for better part of the day, benchmark indices edged lower in the fag-end. The S&P BSE Sensex closed at 59,107, up 147 points or 0.25 per cent, extending its rally into fourth day. It hit an intra-day high of 59,400.<br />
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	The Nifty50, meanwhile, ended at 17,512, up 25 points or 0.14 per cent. It hit an intra-day high of 176,608.<br />
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	HDFC, Nestle India, ITC, RIL, Axis Bank, and Ultratech Cement were the top gainers, while Bajaj Finserv, NTPC, SBI, HCL Tech, Infosys, and Maruti Suzuki were the top laggards.&nbsp;<br />
	<br />
	<strong>ALSO READ: <a href="https://www.business-standard.com/article/markets/markets-may-bottom-out-soon-but-a-sustained-recovery-is-unlikely-nomura-122101900224_1.html" target="_blank">Markets may bottom out soon, but a sustained recovery is unlikely, says Nomura</a></strong><br />
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	In the broader markets, the BSE MidCap index gained 0.13 per cent, while the BSE SmallCap index dipped 0.03 per cent. Sectorally, the Nifty IT, and Metal indices fell up to 1 per cent, while the Nifty Oil & Gas index added 0.57 per cent.&nbsp;<br />
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	<strong>Stock picks for Samvat 2079</strong></div>
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	A good monsoon, cool-off in commodity inflation, and healthy job labour market, suggests a steady macro-environment inspite of high inflation. We believe housing or realty, consumer space, commercial vehicles, home improvement, and travel or tourism to emerge as top themes in Samvat 2079, said Neeraj Chadawar, head quantitative equity research, Axis Securities. <a href="https://www.business-standard.com/article/markets/itc-vip-ind-stocks-brokerages-are-betting-on-for-a-cracker-samvat-2079-122101900550_1.html" target="_blank"><strong>CHECK FULL LIST HERE</strong></a></div>
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Sensex gains 147 pts; Nifty holds 17,500; Rupee hits record low of 83/$

Business Standard

Sensex gains 147 pts; Nifty holds 17,500; Rupee hits record low of 83/$ | News on Markets - Business Standard

CURRENCY ALERT | Rupee opens 5 paise stronger at 82.31/$

ALERT | Vodafone Idea to consider fund raise via convertible debentures Friday

Stocks to Watch: Adani Enterprises, BEL, Piramal Pharma, Telecom, Shalby

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	Stocks to watch today: Adani Enterprises&#39; subsidiary has acquired aircraft maintenance repair and overhaul unit Air Works for Rs 400 crore. <a href="https://www.business-standard.com/article/markets/stocks-to-watch-today-adani-enterprises-bel-piramal-pharma-shalby-tech-mahindra-itc-ambuja-cements-122101900101_1.html?1666146836" target="_blank"><strong>Read here</strong><br />
	<img alt="Photo: Bloomberg" src="https://bsmedia.business-standard.com/_media/bs/img/article/2022-10/02/full/1664677014-3298.jpg?im=Resize,width=640" /></a></div>

Support zone for Nifty shifted higher to 17,200-17,300, says Vinay Rajani

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	Among individual stocks, the technical analyst from HDFC Securities recommends buying IndusInd Bank and Mahindra CIE. <a href="https://www.business-standard.com/article/markets/support-zone-for-nifty-shifted-higher-to-17-200-17-300-says-vinay-rajani-122101900114_1.html" target="_blank"><strong>Read more</strong><br />
	<img alt="NSE, national stock exchange, nifty50" src="https://bsmedia.business-standard.com/_media/bs/img/article/2021-02/25/full/1614199664-3584.jpg?im=Resize,width=640" /></a></div>

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BEL to manufacture Hydrogen fuel cells with technology from US-based TEV

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	Bharat Electronics has signed an MoU with US-based Triton Electric Vehicle for manufacturing Hydrogen fuel cells with technology transfer from the latter to meet the requirements of the Indian market. <a href="https://www.business-standard.com/article/companies/bel-to-manufacture-hydrogen-fuel-cells-with-technology-from-us-based-tev-122101900096_1.html?1666149399" target="_blank"><strong>Read here</strong><br />
	<img alt="Bharat Electronics, BEL" src="https://bsmedia.business-standard.com/_media/bs/img/article/2021-09/29/full/1632924704-6118.jpg?im=Resize,width=640" /></a></div>

Brent Crude marginally up at $91 per barrel

Reports say US could release oil from emergency reserves this week.

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DIIs buy Rs 2,085 crore of equities on Tuesday

US stock futures hold gains in post-market hours

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Nifty may start with marginal gains amid sombre global cues

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Hong Kong, Mainland China equities lag Asian markets

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