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Closing Bell on November 23, 2023: In the broader market shares of realty, sugar and textile companies logged strong gains. SmallCaps too outperformed on Thursday.

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	<strong>Stock market highlights: </strong>Indian benchmark indices exhibited lacklustre trade on Thursday amid mixed global cues.&nbsp;</div>
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	The S&P BSE Sensex touched a high of 66,235, and a low of 65,981, before settling almost unmoved at 66,018 - down five points. The NSE Nifty50 managed to sustain above the 19,800 level for the second straight day, even as it closed 10 points lower.<br />
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		<a href="https://mybs.in/2cJOLE2" rel="nofollow" target="_blank"><strong>Hero MotoCorp</strong></a> up nearly 5 per cent was the top gainer among the Nifty 50 stocks. Bajaj Auto rallied over 3 per cent. BPCL, Eicher Motors, IndusInd Bank, Coal India and JSW Steel were the other major gainers, up 1 - 2 per cent each.&nbsp;</div>
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		On the other hand, Cipla tanked almost 8 per cent. UltraTech cement, LTIMindtree, SBI Life Insurance and Larsen & Toubro were the other significant losers.</div>
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	Among the broader indices, the BSE MidCap gained 0.2 per cent, while the SmallCap added 0.5 per cent. Sectorally,&nbsp;realty, <a href="https://mybs.in/2cJOLF5" rel="nofollow" target="_blank"><strong>sugar </strong></a>and textile shares logged strong gains.<br />
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		<strong>Primary Market Update</strong></div>
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		Tata Technologies IPO was subscirbed 13.6 times as of 3:45 PM on Day 2 of the offer period. The retail portion was subscribed 10.6 times.&nbsp;</div>
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		Similarly, Gandhar Oil Refinery IPO was subscribed 13.8 times; Flair Writing Industries was subscribed 5.3 times and FedBank Financial Services was subscribed up to 80 per cent.</div>
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		Meanwhile, Indain Renewable Energy Development Agency (IREDA) IPO which closes today was subscribed over 38 times. The QIB portion saw bids up to 103 times, NIIs 24 times, retail 7.4 times and Employee Reserved 9.2 times.<br />
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Sensex ends flat amid lacklustre trade; Hero Moto zooms 5%, Cipla tanks 8%

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Sensex ends flat amid lacklustre trade; Hero Moto zooms 5%, Cipla tanks 8% | News on Markets - Business Standard

US Market Update:: Dow, Nasdaq climb 0.5%

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Sugar shares rally up to 13% on positive outlook; Balrampur hits 52-wk high

Magadh Sugar &amp; Energy, Avadh Sugar &amp; Energy, Uttam Sugar Mills and Dalmia Bharat Sugar and Industries rallied in the range of 10 per cent to 13 per cent on the BSE in Thursday&#39;s intra-day trade. <a href="https://mybs.in/2cJOLF5" rel="nofollow" target="_blank"><strong>READ MORE</strong></a><br />
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Hero MotoCorp hits 33-mth high, zooms 15% in 9 days on record festive sales

Last week the company said it recorded highest-ever festive sales, clocking more than 1.4 million units in retail sales during the 32-day festive period. <a href="https://mybs.in/2cJOLE2" rel="nofollow" target="_blank"><strong>READ MORE</strong></a><br />
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Market intermediary stocks have little upside after recent rally: Analysts

With the market buoyancy likely to keep up the pace, the long-term view remains robust, however, there is likely not much upside in the medium-term after the recent gains, analysts said. <a href="https://www.business-standard.com/markets/news/bse-cdsl-cams-market-intermediary-stocks-have-little-upside-in-near-term-123112300384_1.html" target="_blank"><strong>READ MORE</strong></a><br />
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SpiceJet hits 52-week high on heavy volumes; stocks surges 27% in 3 days

Shares of SpiceJet hit a 52-week high of Rs 48.38, up 10 per cent on the BSE in Thursday&rsquo;s intra-day trade amid heavy volumes in an otherwise range-bound market. The stock of airline company was trading higher for the third straight day, surging 27 per cent during the period. <a href="https://www.business-standard.com/markets/news/spicejet-hits-52-week-high-on-heavy-volumes-stocks-surges-27-in-3-days-123112300359_1.html" target="_blank"><strong>Read</strong><br />
<img alt="SpiceJet doubles frequency of cargo flights to China" src="https://bsmedia.business-standard.com/_media/bs/img/article/2021-08/26/full/1629982997-6827.jpg?im=FeatureCrop,size=(826,465)" style="height: 338px; width: 600px;" /></a>

Honasa Consumer hits new peak, zooms 20% post strong Q2 earnings

Shares of Honasa Consumer hit a new high at Rs 422.50, as they zoomed 20 per cent on the BSE in Friday&rsquo;s intra-day trade after the company reported a strong 93 per cent year-on-year (YoY) increase in its net profit to Rs 29.4 crore for the quarter ended September (Q2FY24). <a href="https://www.business-standard.com/markets/news/honasa-consumer-hits-new-peak-zooms-20-post-strong-q2-earnings-123112300187_1.html" target="_blank"><strong>Read</strong><br />
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Man Infraconstruction zooms 12% on plans to raise funds; up 162% since Apr

Shares of Man Infraconstruction (ManInfra) hit a new high of Rs 178.95, as they rallied 12 per cent on the BSE in Thursday&rsquo;s intra-day trade on the back of heavy volumes after the company said its board will meet on November 29 to consider a proposal for raising funds. <a href="https://www.business-standard.com/markets/news/man-infraconstruction-zooms-12-on-plans-to-raise-funds-up-162-since-apr-123112300166_1.html" target="_blank"><strong>Read</strong><br />
<img alt="construction" src="https://bsmedia.business-standard.com/_media/bs/img/article/2022-08/04/full/1659555849-4858.jpg?im=FeatureCrop,size=(826,465)" style="height: 338px; width: 600px;" /></a>

SmallCap and MidCaps rise in line with benchmarks

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Bajaj Auto, Eicher Motors, HDFC Life additional winners on Nifty

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Heatmap: Asian Paints, Wipro, Nestle lead gains on Sensex

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Opening Bell: Sensex opens with 100 points-gain

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Pre-Open: Sensex off to start with small gains

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Has the rally in shares of gold financiers run its course?

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	As gold prices continue to rise, will the rally in gold financiers continue? Or will it lose its steam amid the RBI&#39;s recent directive on unsecured loans? <a href="https://www.business-standard.com/shows/the-morning-show/has-the-rally-in-shares-of-gold-financiers-run-its-course-3421.htm" target="_blank"><strong>FIND OUT</strong></a></div>
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Stocks to Watch today: Honasa, IndiGo, SBI, Infy, Liberty Shoes, RBL Bank

Stocks to watch on Thursday, November 23, 2023: Honasa Consumer in its first result filing post listing reported a in net profit to Rs 29.40 crore for Q2FY24 as against a loss of Rs 15 crore in Q2FY23. <a href="https://www.business-standard.com/markets/news/stocks-to-watch-today-honasa-indigo-sbi-infy-liberty-shoes-rbl-bank-123112300094_1.html" target="_blank"><strong>READ MORE</strong></a><br />
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	<img align="" alt="Sensex" class="imgCont" height="464" src="https://bsmedia.business-standard.com/_media/bs/img/article/2021-07/28/full/1627481026-729.jpg" style="border: 1px solid #DDD; margin-right: 10px; padding: 1px; float: left; z-index: 0; width:100%" title="Sensex" width="621" /></div>

Nifty Metal, Nifty Pharma: 'Sell on rise' as charts suggest likely pullback

The current market scenario for the Nifty Metal Index reveals a bearish trend in the near term, as depicted by the charts. To navigate this trend effectively, traders are advised to implement a strict stop loss at 6,880. <a href="https://www.business-standard.com/markets/news/nifty-metal-nifty-pharma-sell-on-rise-as-charts-suggest-likely-pullback-123112300097_1.html" target="_blank"><strong>READ MORE</strong></a><br />
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Sensex ends flat amid lacklustre trade; Hero Moto zooms 5%, Cipla tanks 8%

Closing Bell on November 23, 2023: In the broader market shares of realty, sugar and textile companies logged strong gains. SmallCaps too outperformed on Thursday.

US Market Update:: Dow, Nasdaq climb 0.5%

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