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Share Market News Highlights: Sensex, Nifty hit fresh record closing highs; HDFC Life, Tata Motors, Hero MotoCorp among top gainers

Business Today Desk Nov 25, 2022, Updated Nov 25, 2022, 5:01 PM IST

Indian equity benchmarks extended their gains for the fourth straight session  on Friday in volatile trade. Although, the gains in domestic indices were capped due to weak global cues. Investors turned cautious as the European Central Bank's equivalent of Federal Reserve rate-setting committee's minutes showed that the room for slowing down the pace of interest rate adjustments remained limited, in contrast to the US central bank's assessment.

Share Market News Today Updates, 25 November 2022: Sensex and Nifty extended their gains for fourth session today. Share Market News Today Updates, 25 November 2022: Sensex and Nifty extended their gains for fourth session today.

Share Market Updates Today: Indian equity benchmarks extended their gains for the fourth straight session  on Friday in volatile trade. Although, the gains in domestic indices were capped due to weak global cues. Investors turned cautious as the European Central Bank's equivalent of Federal Reserve rate-setting committee's minutes showed that the room for slowing down the pace of interest rate adjustments remained limited, in contrast to the US central bank's assessment. Asian shares fell in early deals as Japan's Nikkei index dropped 0.38 per cent, South Korea's KOSPI slipped 0.18 per cent, Hong Kong's Hang Seng Index moved 0.92 per cent lower, while the Shanghai Composite index rose 0.42 per cent. Overnight, all three major US stock indexes settled higher. Back home, foreign institutional investors snapped a three-day selling streak, and bought a net Rs 1,232 crore worth of equities on Thursday, while domestic investors sold a net Rs 236 crore worth of shares, per provisional NSE data.

 

Here are the share market Live Updates:

5:01 PM (2 weeks ago)

Nifty tech view - Rupak De, Senior Technical Analyst at LKP Securities

Posted by :- prashun talukdar

The index has posted a muted close after a sideward trading session. On the daily chart, the Nifty has reached the rising trend line found by joining the preceding peaks. The momentum indicator has reached the falling trendline on the daily timeframe. Based on the price chart and momentum indicator setup we can infer that the index is on the verge of strong directional movement over the short term. On the lower end, a fall below 18,450 may trigger a correction towards 18,100-18,000; whereas, on the higher end, a rise above 18,605 may induce a decent rally in the market.

5:00 PM (2 weeks ago)

Bank Nifty view - Kunal Shah, Senior Technical Analyst at LKP Securities

Posted by :- prashun talukdar

The Bank Nifty index after a spectacular rally witnessed some profit booking on the last day of the week. The index undertone remains bullish and one should keep a buy-on-dip approach with 42,800-42,500 as a strong support zone. The upside resistance is seen at 43,500 and once breached will see a sharp short covering towards 44,000-44,300 levels.

3:53 PM (2 weeks ago)

Market view - Vinod Nair, Head of Research at Geojit Financial Services

Posted by :- prashun talukdar

After clocking record highs in the previous session, domestic indices traded with volatility amidst mixed global cues and rising crude prices. While FIIs turning net buyers is a positive, the lack of fundamental triggers will limit the upside, keeping the market volatile in the short term. Rising Covid restrictions in China continue to negatively impact the global growth forecast.

3:46 PM (2 weeks ago)

Share market breadth

Posted by :- prashun talukdar

The overall market breadth stood positive as 2,122 shares advanced while 1,382 declined on BSE. The market capitalization (m-cap) of BSE-listed companies stood at Rs 284.47 lakh crore.

3:45 PM (2 weeks ago)

Nifty Auto and Nifty Oil & Gas outperform

Posted by :- prashun talukdar

11 out of the 15 sector gauges -- compiled by the National Stock Exchange -- settled in the green. Sub-indexes Nifty Auto and Nifty Oil & Gas outperformed the NSE platform by rising as much as 0.88 per cent and 0.83 per cent, respectively. In contrast, Nifty Financial Services and Nufty FMCG slipped 0.31 per cent, each.

3:43 PM (2 weeks ago)

Mid and small-cap stocks

Posted by :- prashun talukdar

Mid- and small-cap shares finished on a higher note as Nifty Midcap 100 rose 0.95 per cent and small-cap moved 1.12 per cent higher.

3:42 PM (2 weeks ago)

Top gainers & losers on NSE

Posted by :- prashun talukdar

On the stock-specific front, HDFC Life was the top Nifty gainer as the stock soared 2.68 per cent to close at Rs 587.90. Tata Motors, Hero MotoCorp, Coal India and Reliance Industries were also among the gainers. In contrast, ICICI Bank, Nestle India, Kotak Mahindra Bank, Titan and Britannia were among the top losers.

3:35 PM (2 weeks ago)

Share market closing: Sensex, Nifty extend gains for fourth session, hit fresh closing highs

Posted by :- prashun talukdar

Sensex rises 21 points or 0.03 per cent to hit fresh record closing high of 62,294; Nifty moves 29 points or 0.15 per cent higher to scale fresh closing peak of 18,513

2:45 PM (2 weeks ago)

Stocks at one-year highs: 20 BSE 500 stocks hit 52-week highs

Posted by :- prashun talukdar

BSE 500 stocks such as Bank of Baroda, Bank of India, Airtel, BHEL, Canara Bank, CEAT, CG Power, Cummins India, Engineers India, Escorts, GE Ship, HAL, ICICI Bank, IIFL, IRFC, L&T, PFC, PNB, PSB, REC hit their 52-week highs today.

2:11 PM (2 weeks ago)

Share market update: Sensex, Nifty turn green in late deals

Posted by :- prashun talukdar

Sensex hits fresh all-time high of 62,448, Nifty scale fresh peak of 18,533; Tata Motors, HDFC Life, Reliance Industries, Hero MotoCorp, Coal India among top gainers

1:36 PM (2 weeks ago)

Kirloskar Ferrous Industries Ltd down 2%

Posted by :- prashun talukdar

Shares of Kirloskar Ferrous Industries Ltd fell 2.39 per cent to trade at Rs 312.40. The stock hit a day low of Rs 306.95. A total of 50,000 shares changed hands today, amounting to a turnover of Rs 1.55 crore. The company's market capitalisation (m-cap) stood at Rs 4,336.65 crore.

1:00 PM (2 weeks ago)

Mazagon Dock Shipbuilders Ltd down 3%

Posted by :- prashun talukdar

Shares of Mazagon Dock Shipbuilders Ltd fell 3.43 per cent to trade at Rs 851.55. The stock hit a day low of Rs 836.50. A total of 2.32 lakh shares changed hands today, amounting to a turnover of Rs 19.94 crore. The company's market capitalisation (m-cap) stood at Rs 17,174.91 crore.

12:20 PM (2 weeks ago)

Share market update: Sensex falls over 100 points, Nifty tests 18,450

Posted by :- prashun talukdar

Sensex falls 117 points or 0.19 per cent to trade 62,156, Nifty moves 18 points or 0.11 per cent lower to trade at 18,466; Nestle, ICICI Bank, HUL, Kotak Mahindra Bank, Apollo Hospitals among top drags

11:36 AM (2 weeks ago)

Stocks at one-year lows: Two BSE 500 stocks hit 52-week lows

Posted by :- prashun talukdar

BSE 500 stocks such as Aurobindo Pharma and Motilal Oswal Financial Services hit their 52-week lows today.

11:24 AM (2 weeks ago)

APL Apollo Tubes slip nearly 3%

Posted by :- prashun talukdar

Shares of APL Apollo Tubes fell 2.76 per cent to trade at Rs 1,067.30. The stock hit a day low of Rs 1,063.60. A total of 7,743 shares changed hands today, amounting to a turnover of Rs 84.38 lakh. The company's market capitalisation (m-cap) stood at Rs 26,681.15 crore.

10:50 AM (2 weeks ago)

PVR, Laurus Labs, Indian Hotels & Man Infraconstruction up today

Posted by :- prashun talukdar

A host of smallcap stocks such as PVR, Laurus Labs,  Indian Hotels & Man Infraconstruction were up 2-3 per cent in Friday's trade on company-specific developments. (Read more)

10:26 AM (2 weeks ago)

Policybazaar shares climb 5%

Posted by :- prashun talukdar

Shares of PB Fintech, which operates online insurance broker Policybazaar and loan marketplace Paisabazaar surged 5 per cent today after Hedge fund WF Asian Smaller Companies Fund bought 67.75 lakh shares via open market transactions. The shares bought are 1.5 per cent of the total paid-up equity. (Read more)

9:54 AM (2 weeks ago)

Share market breadth

Posted by :- prashun talukdar

The overall market breadth stood strong as 1,872 shares were seen advancing while 993 were declining on BSE.

9:53 AM (2 weeks ago)

Sectoral indices' performance

Posted by :- prashun talukdar

Four out of the 15 sector gauges -- compiled by the National Stock Exchange -- were trading in the red. Sub-indexes Nifty FMCG and Nifty Consumer Durables were underperforming the NSE platform by falling 0.64 per cent and 0.18 per cent, respectively. On the flip side, Nifty PSU Bank jumped 1.95 per cent.

9:51 AM (2 weeks ago)

Share market update: Mid & small cap indexes

Posted by :- prashun talukdar

Mid- and small-cap shares were positive as Nifty Midcap 100 rose 0.75 per cent and small-cap climbed 0.74 per cent.