Sensex ends 284 pts lower, Nifty below 19K again; Asian Paints, metals drag

Stock market on November 1, 2023: On the positive front, Sun Pharma gained nearly 3 per cent; Debutant Blue Health hit upper circuit on debut.

9:22 AM

Sectoral trends :: Cyclicals under pressure; Bank, IT, Metal indices fall up to 0.6%

9:21 AM

Nifty Losers :: Airtel sheds over 1%, JSW Steel, Axis Bank follow

9:20 AM

Nifty Gainers :: L&T, Bajaj Auto, BPCL add 1% each

9:19 AM

Sensex Heatmap :: Bulls and Bears tussle on index; L&T rises 1%, Airtel slips

9:18 AM

Opening Bell :: Nifty gives up 19,050

9:16 AM

Opening Bell :: Sensex declines over 150 pts in early deals

9:12 AM

ALERT :: Most commodities start trade with negative bias on MCX

9:09 AM

Pre-Open session :: Nifty stays below 19,100

9:08 AM

Pre-Open session :: Sensex slips marginally in pre-market deals

9:03 AM

Currency check :: Rupee opens at 83.27/$ vs last close of 83.26/$

9:00 AM

Market Outlook :: Key levels for Nifty, Nifty Bank

Nifty50

>> The current retracement and support of 18,950-19,000 levels will be important to hold and the global credit policy outcome would provide the next leg of move.

>> Highest call OI is at 19,200 strike while, on the downside, the highest put OI is at 19,000 for the weekly expiry.

Nifty Bank
>> The crossover and sustenance above the 200 day average will trigger a positive momentum in index pivotal, and, on the downside, 42,500 is a strong support.

 

>> Bank Nifty 43,500 CE has the highest OI while, on the downside, it has moved lower to 42,500 for the put options OI. 

Source: Reliance Securities
 

8:56 AM

WATCH :: Should you subscribe to the Mamaearth IPO?

8:52 AM

Q2FY24 results today :: Tata Steel, Adani Wilmar among others

Sun Pharmaceutical Industries, Tata Steel, Britannia Industries, Godrej Consumer Products, Ambuja Cements, REC, Hero Motorcorp, Adani Wilmar, Indraprastha Gas

Kansai Nerolac Paints, LIC Housing Finance, Relaxo Footwears, KEC International, Gujarat Mineral Development Corporation, Cera Sanitaryware, Triveni Turbine

Safari Industries, Maharashtra Seamless, Responsive Industries, Gujarat Ambuja Exports, JK Tyre and Industries, Jubliant Ingrevia, India Cements, Thomas Cook (India)

MAS Financial Industries, Greenpanel Industries, Rattanindia Power, Thangamayal Jewellery, Nilkamal, Unichem Laboratories, Savata Oil Technologies, Fino Payments Bank

Arman Financial Services, Jindal Drilling & Industries, Aptech, Arvind Smartspaces, Steelcast, Ajmera Realty & Infra India, TV Today Network, Orient Green Power Company

8:49 AM

Stocks to Watch: Bharti Airtel, L&T, Tata Motors, Ethos, Blue Jet, Mankind

New listing: Blue Jet Healthcare will make its market debut today at 10 am. The issue price is Rs 346. 
 

Bharti Airtel: Hurt by a one-time charge, Bharti Airtel reported a 37.5 per cent YoY drop in consolidated net profit to Rs 1,340.7 crore for Q2.   
 

L&T: Larsen & Toubro reported a 44.6 per cent YoY rise in consolidated net profit in the Sept quarter (Q2FY24). Net sales rose 19 per cent on-year to Rs 51,024 crore. READ MORE

8:45 AM

GNFC, Canara Bank strong on charts; top technical picks by HDFC Securities

Buy GNFC | Last close: Rs 691 | Target: Rs 750 | Stop-loss: Rs 629

The stock has been forming higher tops and higher bottoms on the daily chart. Primary trend of the stock is bullish as it is placed above all important moving averages. READ MORE