Sensex ends 140 pts lower, Nifty below 19,700 weighed by auto, metal stocks

Closing Bell on Monday, November 20, 2023: In the broader markets, the BSE MidCap index ended mildly lower, down 0.06 per cent, while the BSE SmallCap index jumped 0.39 per cent

3:58 PM

Comment :: 'Utilise this phase to gradually add quality names'

We are seeing a time-wise correction in Nifty so far despite the underperformance of the banking pack. Besides, the pause in the US markets is also capping the move. Amid all, we reiterate our bullish view on the index and suggest continuing with the “buy on dips” approach. Traders should stick with the other performing sectors and utilise this phase to gradually add quality names.

Views by:  Ajit Mishra, SVP - Technical Research, Religare Broking

 

3:45 PM

Currency check :: Rupee ends 8 lower at 83.346/$

3:44 PM

SmallCap Heatmap :: Index ends 0.39% higher; check top gainers and losers

3:41 PM

MidCap Heatmap :: Index slips 0.06%; Here're the top gainers and losers of the day

3:39 PM

Sectoral trends :: Auto, metal indices sit at the lower end of the spectrum

3:37 PM

Sensex Heatmap :: Airtel, IT stocks trim losses; Bajaj twins, auto stocks weigh

3:36 PM

CLOSING BELL :: Nifty shuts shop below 19,700

3:35 PM

CLOSING BELL :: Sensex ends lower for 3rd day, falls 140 pts

3:26 PM

ALERT :: Man Infraconstruction in focus

>> Man Infraconstruction eyeing likely revenue of over Rs 8,000 cr from potential sale of 3 residential projects in Mumbai, says report

3:17 PM

Private banks make largest single-day govt bond purchase in 7 years

Inflows of nearly 1.7 trillion rupees are due over the next one month as the 8.83% 2023, 4.56% 2023 and 7.68% 2023 papers mature. Most of the money is re-invested in liquid papers, including the five-year and the benchmark 10-year paper, another treasury official said. READ MORE

3:01 PM

Confused, surprised at investor interest in F&Os, says Sebi chief

Sebi chairperson Madhabi Puri Buch on Monday said she is "confused and surprised" at investor interest in Futures and Options (F&O) despite 90 per cent of individuals losing money in the segment.
 

Buch said there is a need for investors to look at the long term and added that chances of making inflation-beating returns are much brighter through this strategy. Read

2:47 PM

Jio Financial Services in talks with merchant bankers for maiden bond issue

The company may look to raise Rs 5,000 crore ($600.6 million) to Rs 10,000 crore through the issue and may tap the market in the last quarter of this financial year, the bankers added. Read

2:33 PM

Tata Investment extends rally on huge volumes; stock up 41% in two days

A combined 4.35 million equity shares representing 8.6 per cent of total equity of TICL had changed hands on the NSE and BSE till 02:14 PM. Read

2:19 PM

Sensex at 86,000; Nifty at 21,800: How foreign brokerages see mkts in 2024

General elections back home scheduled for April / May 2024 will be an additional source of volatility for the Indian markets, they believe, which will keep investors on edge. Read

2:01 PM

Higher risk weight on unsecured bank loans credit positive: Moody's

The Reserve Bank last week raised risk weights on unsecured retail loans, credit cards and lending to non-banking finance companies (NBFCs) by 25 percentage points. Read