Banks, Metals, Capital Goods lift Sensex 213 pts; Adani Group shares slip

CLOSING BELL ON AUGUST 23, 2023: The NSE Nifty 50 ended with a gain of 48 points; Shares related to Chandrayaan-3 mission were also in demand on Wednesday.

9:30 AM

Cipla up 1% as Torrent Pharma likely in race to buy Hamied family's stake

>> As per a report by The Economic Times, Torrent Pharma has joined the race to buy out Cipla’s promoter stake held by the Hamied family. It is looking to form a consortium with PE funds and has held discussions with a few of them, the report said.  

>> Torrent Pharma slips 1%

9:27 AM

Broader market :: Nifty SmallCap 100 index up 0.4% led by Intellect Design, TV18 Broadcast

9:25 AM

Broader market :: Nifty MidCap100 index hits record high

9:24 AM

Sector check :: IT stocks rally as Goldman Sachs gives bullish commentary

9:23 AM

Sector check :: China push keeps Metal index in the green for 3rd straight day

9:21 AM

Sector check :: HDFC, ICICI Bank down up to 0.3%

9:20 AM

Sectoral trends :: Banks remain pain point for markets

9:19 AM

Sensex Heatmap :: Airtel, M&M, Tech M cap upside

9:18 AM

Opening Bell :: Nifty off highs, holds 19,400

9:17 AM

Opening Bell :: Sensex little changed in early deals

9:10 AM

Pre-Open Session :: Nifty nears 19,450

9:07 AM

Pre-Open Session :: Sensex mildly in green

9:03 AM

Currency check :: Rupee starts 6 paise lower at 83/$ vs Tuesday's close of 82.94/$

8:58 AM

Stocks to Watch: Torrent Pharma, Cipla, TVS Supply Chain, Titan, AdaniTotal

Stocks to Watch on August 23, 2023: The TVS Mobility Group company will make its debut on the BSE and NSE today. The issue price has been fixed at Rs 197 per share. READ MORE

8:55 AM

TECHNICAL OUTLOOK | Ashwin Ramani, Derivatives & Technical Analyst, SAMCO Securities

Nifty is now consolidating between the 19,300-19,500 range since the last six trading sessions. Nifty has formed a doji pattern on the daily chart twice in last three trading sessions, which signals indecision in the market. A strong close above 19,500 can quickly take the Nifty until 19,650 levels while a break below 19,300 can intensify the selling pressure and drag the Nifty until 19,000 levels.

Photo: Bloomberg