Stock Market HIGHLIGHTS: Sensex ends 370 points up, Nifty gains 120 points; Hindalco, Tata Steel top gainers
By The Zeebiz.com
Stock Market HIGHLIGHTS: Indian markets traded in a range
on Tuesday offering buying and selling opportunities to the traders
and investors.
Indian frontline indices S&P BSE Sensex and NSE Nifty50 closed
positive for second straight session.
While Sensex finished at 60,939.23, up 372 points or 0.62 per cent,
the broader market Nifty50 was trading at 18,132.30, higher by 117
points or 0.65 per cent.
Banking gauge Nifty Bank was trading a 42,859.50, up by 229.35
points or 0.54 per cent.
Here are top highlights from the day’s action:
1) In the 50-stock Nifty, 40 stocks advanced, 9 declined while 1
remained unchanged.
The top gainers were Tata Motors, Hindalco Industries, ONGC, Tata
Steel and JSW Steel while top losers were
Hindustan Unilever, Apollo Hospitals, Nestle India, Mahindra &
Mahindra and ITC.
2) Nifty FMCG was the sole loser out of 15 Nifty Sectoral Indices.
The top gainers were Nifty Metal (+4.29 per cent), Nifty Realty
(+1.29 per cent), Nifty Media (+1.19 per cent).
3) India VIX, a measure of volatility in Nifty was down 4 per cent at 15.
4) Buying occurred in broader markets as well, with Nifty Mid Cap
100 and Nifty Small Cap 100 ending 1 per cent up.
In the 100 stock Nifty Mid Cap 100, 74 stocks advanced.
The biggest gainers were Jindal Steel, National Aluminium and
SAIL while the top losers were Varun Beverages, Crompton Greaves
and Laurus Labs. In the Nifty Small Cap 100, 82 advanced. The top
gainers were Maharashtra Bank, Praj Industries and Triveni
Engineering while the top losers were Amara Raja Batteries, BCG
and Sunteck.
5) Out of 3,631 stocks that were trading on the BSE, advances
were 2,579, declines were 919 while 133 stocks remained
unchanged.
59 stocks hit their 52-week highs while 35 hit their 52-week lows.
6) Rupee falls 20 paise to close at 82.85 (provisional) against US
dollar.
USDINR December futures were trading at 82.8600 on the BSE, up
0.1675 or 0.20 per cent.
(7) Singapore-based SGX Nifty was trading at 18,148, up 119 points
or 0.66 per cent.
Dow 30 Futures were trading at 33,418.20, up 241
points or 0.73 per cent.
(8) Asian benchmark indices were also trading in the green with
Japan’s Nikkei 225 trading at 26,447.90, up by 42 points or 0.16 per
cent while Shanghai Composite was trading higher by 30 points or
0.98 per cent at 3,095.57.
Mood remains upbeat as China relaxes Covid-19 restrictions as the
country cancels quarantine rules for travelers.
The infection has been downgraded to Category A and Category B.
New rules will come into effect from 8 January 2023.
Hong Kong, UK, Australia and Canada are closed today while US
markets will open for trading on Tuesday.
9) Crude oil futures were trading at USD 80.200, up by 0.640 or
0.80 per cent on the Comex.
January Futures were trading at Rs 6673 per barrel, up by Rs 21 or 0.32 per cent.
10) MCX Gold futures were trading at Rs 54837 per 10 gram, up by
Rs 160 or 0.29 per cent.
March Silver futures were trading at Rs 70098 per kg, up by Rs 1023
or 1.48 per cent.
