Sensex soars 728 pts, Nifty ends above 20K after over 2 mths in broad rally

Closing Bell on Wednesday, November 29, 2023: Among sectors, the Nifty bank, Auto, Financial Services, IT, PSU bank, and Private Bank indices ended higher in the range of 1 per cent to 1.5 per cent

9:18 AM

Opening Bell: Nifty holds near 19,970

9:16 AM

Opening Bell: Sensex opens over 200 pts higher

9:09 AM

Pre-Open: Nifty above 19,950

9:08 AM

Pre-Open: Sensex off to positive start

9:03 AM

Currency Alert: Rupee opens 3 paise stronger 83.3/$

8:59 AM

WATCH :: Is it time to sell passenger vehicle stocks?

8:56 AM

Block Deal Alert :: Alipay Singapore Holding to sell 3.44% stake in Zomato

Last month, SoftBank had sold 1.1 per cent equity in Zomato at Rs 111.2 apiece to raise Rs 1,040 crore following the end of its lock-in period. READ MORE

8:53 AM

Tata Sons likely to mop up Rs 12,284 crore from TCS share buyback

Between 2017 and 2022, TCS completed four buybacks worth Rs 66,000 crore. Tata Sons has tendered its shares in all four buybacks, totalling Rs 41, 895 crore (or roughly $5 billion based on Tuesday’s INR-USD rate of 83.34). READ MORE

8:50 AM

Stocks to Watch today: IREDA, Zomato, Siemens, PCBL, Aster DM, IOC, IT

Zomato: Alipay Singapore Holding plans to sell its entire 3.44 per cent stake in the company on Wednesday through block deals at a floor price of Rs 111.28 per share.
 

Siemens: Net profit for the quarter ended September 2023, declined 12.4 per cent year-o-year (YoY) to Rs 571 crore on a consolidated level. Revenue from operations, however, grew 25.3 per cent YoY to Rs 5,721 crore. READ MORE

8:48 AM

India Cements, Hindustan Copper can rally up to 17%

India Cement

Target: Rs 269

Stop-loss: Rs 216
 

The stock price has broken out from downward sloping channel on the weekly chart. The stock found support on its 100-week EMA and reversed north. The stock is holding above its 20-, 50-, 100- and 200-DEMA, which indicates bullish trend on all time frame. READ MORE

8:45 AM

Nifty Financial Services, Private Bank indices look bullish on charts

This precautionary measure is crucial for traders to mitigate potential losses in case of unexpected market movements. By closely adhering to this strategy, traders position themselves strategically to capitalize on the ongoing bullish trend, optimizing potential gains while managing associated risk READ MORE

8:43 AM

Fund Flow :: DIIs buy equities worth Rs 1,324.98 crore on Nov 28

8:37 AM

Fund Flow :: FIIs/FPIs buy equities worth Rs 783.82 crore on Nov 28

8:34 AM

Gift Nifty :: Index soars 96 points to quote at 20,034

8:29 AM

Munger was a 'titan of business', says Tim Cook