Special 
Share Market News Today Updates, 16 November 2022: Trends on SGX Nifty indicated a lower opening for the domestic markets. Share Market Updates Today: Indian equity benchmarks extended their gains for the second session on Wednesday, scaling fresh peaks amid a volatile session. The domestic session fluctuated between gains and losses before settling on a higher note today. Asian stocks were mostly down amid fears of a further escalation in the Russia-Ukraine war. Investor sentiment took a beating in Asia on reports that said Russian missile attacks killed two people in a Polish village near the Ukraine border.
Asian stocks fell as South Korea's KOSPI moved 0.12 per cent down, the Shanghai Composite index fell 0.45 per cent and Hong Kong's Hang Seng Index slipped 0.47 per cent. However, Japan's Nikkei index edged 0.14 per cent higher.
Overnight, all three major US stock indexes settled higher after softer-than-expected inflation data raised hopes of a pullback in rate hikes by the US Federal Reserve. US producer prices rose 8 per cent in the 12 months through October against an estimated 8.3 per cent rise.
US stock futures gained, indicating a higher opening for Wall Street today. S&P futures climbed 0.16 per cent, Nasdaq futures moved 0.17 per cent higher and Dow Futures rose 0.19 per cent.
Back home, foreign institutional investors sold net Rs 221 crore worth of equities on Tuesday, while domestic investors offloaded net Rs 549 crore of shares, according to provisional data available with the National Stock Exchange.
Here are the share market highlights:
Rupak De, Senior Technical Analyst at LKP Securities: "The Nifty has been consolidating for the last few days after a swing high breakout on the daily timeframe. However, no classic reversal pattern has formed. The short-term moving average is sitting well below the current index value, suggesting an ongoing uptrend. The trend looks positive till it holds above 18,250. On the higher end, immediate resistance is visible at 18,440-18,450; above 18,450 the Nifty is expected to move towards 18,600-18,650."
Vinod Nair, Head of Research at Geojit Financial Services: "As the domestic market has started to trade around the all-time high levels it is trending indecisively following the recent geopolitical tensions and weak performance by global counterparts. Although domestic macroeconomic indicators and FII inflows are favourable, given the high valuations, domestic markets can behave cautious in the short to medium-term. Rest of the other EMs look more attractive when the global market is attempting to bounce back after a long period of consolidation."
The overall market breadth stood negative as 1,436 shares advanced while 2,081 declined on BSE. The market capitalization (m-cap) of BSE-listed companies stood at Rs 284.32 lakh crore.
Five out of the 15 sector gauges -- compiled by the National Stock Exchange -- settled in the green. Sub-indexes Nifty Bank, Nifty Financial Services and Nifty IT outperformed the NSE platform by rising as much as 0.38 per cent, 0.34 per cent and 0.29 per cent, respectively.
Sensex and Nifty hit an intraday high of 62,053 and 18,442, respectively, today
Mid- and small-cap shares finished lower as Nifty Midcap 100 fell 0.65 per cent and small-cap declined 0.83 per cent.
On the stock-specific front, Kotak Mahindra Bank was the top Nifty gainer as the stock soared 2.68 per cent to close at Rs 1,963.60. Coal India, HDFC, Hindustan Unilever and TCS were also among the gainers. In contrast, Apollo Hospitals, Adani Ports, Hindalco, Bajaj Finance and Adani Enterprises were among the top laggards.
Sensex rises 108 points or 0.17 per cent to hit a record closing of 61,981, Nifty moves 6 points or 0.03 per cent higher to close at 18,410
Shares of Paisalo Digital Ltd fell 6.36 per cent to trade at Rs 80.30. The stock touched a day's low of Rs 80.10.
Shares of Metropolis Healthcare Ltd plunged 7.98 per cent to trade at Rs 1,432.95. The stock hit an intraday low of Rs 1,426.45.
Shares of Adani Enterprises Ltd fell 4.01 per cent to trade at Rs 3,894.75. The stock hit an intraday low of Rs 3,864.85.
Shares of Dhani Services Ltd fell 4.21 per cent to trade at Rs 48.90. The stock hit an intraday low of Rs 48.80.
Shares of Aarti Industries Ltd fell 3.62 per cent to trade at Rs 680.65. The stock hit an intraday low of Rs 677.15.
Shares of Dalmia Bharat Sugar and Industries Ltd jumped 6.59 per cent to trade at Rs 361.30. The stock touched an intraday high of Rs 366.85.
Yes Securities, a wholly-owned subsidiary of Yes Bank, elevated Amishi Kapadia as Joint Managing Director and Anshul Arzare as Chief Executive Officer today.
Sensex hits fresh all-time high of 62,053, Nifty scales new 52-week high of 18,442
Shares of Nilkamal Ltd fell 3.84 per cent to trade at Rs 1,921.55. The stock hit an intraday low of Rs 1,921.55.
Shares of Housing & Urban Development Corporation (HUDCO) soared 12.64 per cent to trade at Rs 46.80. The stock touched an intraday high -- also its 52-week high -- of Rs 47.30.
Shares of Metropolis Healthcare Ltd fell 5.20 per cent lower to trade at Rs 80.90. The stock touched an intraday low of Rs 1,468.
Shares of TCNS Clothing jumped 8.87 per cent to trade at Rs 607.60. The stock touched an intraday high of Rs 624.90.
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