Sensex gains 307 pts, Nifty holds 19,750; IT stocks dazzle, PSBs decline

Closing Bell on November 16, 2023: Among sectors, the Nifty PSU Bank index fell 0.24 per cent, the Nifty FMCG 0.15 per cent, and the Nifty Bank 0.09 per cent

10:20 AM

Comment :: Here's all that happened in the markets today

The Indian market continued its positive resurgence, tracking global gains. Softer than expected US inflation data and easing bond yields has bought optimism that spending will emerge like in technology. Taking the cues further, IT stocks shown a significant jump in the broader market. The market is sensing that exports based sectors like IT and Pharma could be future winners. While cut in inflation will also benefits domestic placed staples and consumer sector.

Views by: Vinod Nair, Head of Research at Geojit Financial Services

10:18 AM

Currency check :: Rupee ends 9 paise weaker

10:15 AM

SmallCap Heatmap :: Index up 0.5%; Kalyan Jewellers, Jyothy Labs decline

10:14 AM

MidCap Heatmap :: Index ends 0.5% higher; GIC RE, Mphasis end as chart toppers

10:12 AM

Sectoral trends :: PSB, FMCG indices drop sharply in fag-end

10:10 AM

Sensex Heatmap :: Axis Bank, ITC, ICICI Bank weigh on index

10:09 AM

Closing Bell :: Nifty ends above 19,750

10:07 AM

Closing Bell :: Sensex ends sharply off highs, still up 300 pts

9:57 AM

India's GDP to grow 6-7% during 2024-26, growth prospects strong: S&P

"Unsecured personal loans have grown rapidly and could contribute to incremental NPLs. We believe underwriting standards for retail loans generally remain healthy and overall level of delinquencies remains within acceptable limits for this product category," S&P Primary Credit Analyst Deepali Seth Chhabria said. READ MORE

9:40 AM

ALERT :: Sharp profit booking seen in markets

9:30 AM

Nifty MidCap index scales new lifetime high of 41,818

9:19 AM

Stock of this small-cap pharma company has zoomed over 50% in last 3 weeks

Shares of Wockhardt surged 19 per cent on the BSE to a fresh 52-week high of Rs 334.50 in Thursday’s intra-day trade on heavy volumes.
 

The average trading volumes on the counter jumped over four-fold today. A combined 2.41 million equity shares, representing nearly 17 per cent of total equity of Wockhardt, changed hands on the National Stock Exchange (NSE) and BSE. Read

9:08 AM

ALERT :: RBI okays appointment of Isha Mukesh Ambani, Anshuman Thakur, Hitesh Sethia as Directors of Jio Fin

8:59 AM

Global check:: US, UK stock futures display mixed trend

Source: Investing.com

8:48 AM

UCO Bank approaches CBI for probing IMPS glitch, says systems safe

UCO Bank has complained to the Central Bureau of Investigation (CBI) after a technical glitch in its Immediate Payment Service (IMPS), Ashwani Kumar, managing director and chief executive officer of the state-owned lender, told 'Business Standard'’. READ MORE