Sensex ends choppy day 108 pts up; Adani group stocks tumble, defence rally

CLOSING BELL: The S&P BSE Sensex is now just 265 points shy from its all-time 62,245 registered on October 19, 2021.

9:18 AM

Opening Bell :: Nifty gives up 18,400 in early deals

9:16 AM

Opening Bell :: 30-pack index starts flat on Wednesday amid cautious global mood

9:10 AM

Pre-Open session :: Nifty logs mild downtick

9:09 AM

Pre-Open session :: Sensex slides over 150 pts

9:06 AM

Commodity Corner :: Gold, silver gain strength on MCX

9:03 AM

Currency check :: Rupee opens weak at 81.39/$

>> Extends fall to 81.42/$ in early trade

>> Rupee settled at 81.10/$ on Tuesday

Source: Bloomberg

8:59 AM

US Mid-term elections :: Republicans claim House of Representatives

8:57 AM

ALERT :: Donald Trump announces that he'll run for presidency again in 2024

8:53 AM

F&O Strategy: Nandish Shah recommends Bull Call Spread on Glenmark Pharma

OPTIONS STRATEGY

 

GLENMARK Bull Call Spread (24-Nov-Expiry)

 

Buy 440 Call at Rs 8.9 & simultaneously sell 450 Call at Rs 4.90

 

Strategy Cost Rs 4 (Rs 4,600 per strategy)

 

Maximum profit Rs 6,900; if Glenmark closes at or above Rs 450 on 24-Nov expiry READ MORE

8:50 AM

Vinay Rajani expects Nifty to test all-time high; recommends these 2 stocks

BUY JK Paper

 

Targets: Rs 460; Rs 486

 

Stop Loss: Rs 391

 

The stock price has been forming higher tops and higher bottoms on the daily chart. The stock is placed above all important moving averages, indicating bullish trend on all time frames. READ MORE

8:48 AM

Stocks to Watch: Bikaji Foods, Medanta, Paytm, NDTV, HDFC, SBI, Tata Motors

Bikaji Foods International: The stock is set to make its debut on the bourses today. As per the GMP (Grey Market Premium), the stock could witness a listing gain of around 8 – 10 per cent. The company’s IPO had received decent response and was subscribed 26.67 times, mainly due to strong demand from QIBs (Qualified Institutional Buyers).
 

Paytm: The stock is likely to be in focus this week, as the one-year lock-in period for the company’s stock expires, freeing investors to sell shares that haven’t yet been allowed onto the market. The biggest shareholders in One97 Communications Ltd., Paytm’s parent company, are Alibaba Group Holding and its fintech affiliate Ant Group, as well as Japan’s SoftBank Group. READ MORE

8:45 AM

DIIs sell shares worth Rs 549 crore on Tuesday

8:40 AM

FPIs withdraw Rs 221 crore from equities on Tuesday

8:37 AM

GLOBAL DATA | US wholesale inflation (PPI) rises 0.2% in Oct MoM

This was lower than estimates of a 0.4 per cent increase

8:34 AM

US stock futures trade with fractional losses