Share Market News Today | Sensex, Nifty, Share Prices Highlights: Indian benchmark indices closed in the red, with BSE Sensex and NSE Nifty falling about 0.8% each, weighed down by heavyweights including ITC, Reliance Industries, HDFC twins, TCS, and Tech Mahindra. This was the third straight day of losses for the markets. The BSE Sensex ended at 61,144, down 518 points, while the NSE Nifty 50 ended at 18,153, down 153 points. Volatility gauge, India VIX, ended at 14.80, up 2.8 points. All of Nifty’s sectoral indices ended in the red, except Nifty PSU Bank and Nifty Media. The indices were dragged by heightened fears of US Fed monetary policy tightening and rate hikes as well as the rising dollar and COVID-related lockdowns in China.
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Share Market Today | Sensex, Nifty, BSE, NSE, Share Prices, Stock Market News Live Updates 21 November, Monday
15:39 (IST) 21 Nov 2022 Nifty gainers, losers
BPCL, Bharti Airtel, Axis Bank, IndusInd Bank and Hindustan Unilever were the top gainers in trade today on the NSE Nifty 50 index, while Adani Ports, TechM, Hero MotoCorp, Hindalco and RIL were the biggest laggards.
15:36 (IST) 21 Nov 2022 Indices close in the red; Nifty down 0.8%, Sensex ends over 500 pts down
The domestic indices ended the volatile session of trade in the red today. The BSE Sensex ended at 61,144, down 0.8% or 518 points, while the NSE Nifty 50 ended at 18,153, down 153 points or 0.8%.
14:42 (IST) 21 Nov 2022 Spot gold down nearly 0.45%
Spot gold is currently down nearly 0.45% as the counter is lower for the fifth straight day. The US 10-year yields are flattish around 3.81%, but the US Dollar Index is bid as it is up nearly 0.40%. The strength in the US Dollar Index is coming on China’s economy concerns and hawkish Fed-speak. The Federal Reserve speakers, of late, have continued to stick to hawkish tone, thus diminishing the pivot notion as they don’t make much of one soft inflation reading as observed for October. Although fiasco is cryptos space is somewhat supportive for the yellow metal, the metal is still tied with interest rate gyrations as the central banks continue to be on guard against inflationary pressures. Nonetheless, cryptos developments may cushion the fall to some extent at least. In the given scenario, gold may test support around $1730. Resistance is seen at $1750/$1775.”-Praveen Singh – AVP, Fundamental currencies and Commodities analyst at Sharekhan by BNP Paribas
14:26 (IST) 21 Nov 2022 JPMorgan keeps Underweight rating Escorts
-Underweight call, target at Rs 1525 per share-Mid-term plan aspires for a significant increase in revenue & profitability-Company plans growing revenue to >2.5x by FY28 -EBITDA margin to improve to mid-teens versus 10.8 percent in FY22-At current valuations, stock price is already pricing in bullish possibilities
14:25 (IST) 21 Nov 2022 Deepak Fertilisers, Aarti Industries soar up to 8%
Deepak Fertilisers, Aarti Industries shared soared up to 8% on plans to ink Rs 8,000 cr deal. Both parties plan to execute the formal agreement before the close of this calendar year and the supply arrangement comes into effect from 1 April 2023.
14:09 (IST) 21 Nov 2022 Nifty below 18150, Sensex off day’s low
Sensex is down 484.79 points or 0.79% at 61178.69, and the Nifty down 139.50 points or 0.76% at 18168.20.
13:32 (IST) 21 Nov 2022 Bank Nifty poised to scale new highs, minor correction likely; ICICI Bank, Kotak Bank, SBI among top picks
NSE Bank Nifty index touched an all-time high last week and is close to touching a new peak of 43,000. The banking index has rallied over 16 per cent so far this year, outperforming benchmark NSE Nifty 50, which has risen around 3 per cent. The rally has been on the back of recovery in baking stocks, especially the PSU banks, on account of their robust quarterly performance led by superior asset quality trend and pickup in credit growth. Analysts expect the rally to continue going forward, and the index to continue to scale new highs in the near to medium-term. ICICI Bank Ltd, Kotak Mahindra Bank Ltd, IndusInd Bank Ltd, Karnataka Bank Ltd, State Bank of India (SBI), Canara Bank Ltd, Bank of Baroda Ltd and Union Bank Ltd are among the top picks.
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13:26 (IST) 21 Nov 2022 Nifty to undergo consolidation, Bank Nifty outperformance to continue; Buy HDFC Bank, Reliance for gains
We expect Nifty to undergo healthy consolidation which will help to cool off the overbought condition (weekly stochastics placed at 95) formed due to past four week’s 9% rally and form a higher base above key support of 17,800 mark which will eventually pave the way to challenge life highs of 18,600 in coming weeks. Thus, extended breather from here on should be capitalized on as incremental buying opportunity.
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13:25 (IST) 21 Nov 2022 Nifty may head towards 19,000; Bank Nifty poised to hit 45,000
IT led the charge last week with a gain of 3.4% followed by banks with a 2.6%. Meanwhile, more sectors were in the red, with consumer durables, power and utilities bleeding more than 4%, and auto and healthcare also bleeding almost as much. Since IT and Banks together weigh the most in Nifty 50 index, the overall market bias appeared neutral to positive, even while there was selling in the broad market. This ensured that despite several solid advances, the record peak of 18,604 was left untested, despite it appearing to be a milestone that could be surpassed on any of the days last week.
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12:45 (IST) 21 Nov 2022 111 BSE stocks hit 52-week highs, 71 fall to 52-week lows
On the BSE Sensex, 111 stocks rose to hit fresh 52 week highs. West Leisure Resorts, Revathi Equipment, Timken India, Panama Petrochem, Lumax Industries, Kirloskar Industries and many others were among those to hit these highs. On the flip side, 71 stocks fell to their 52 week lows. Infobean, Sudarshan Chemicals, Rupa and Co, Quess Corp, Jet Airways, Voltas, Sanofi, Indigo Paints, Delhivery, HIL were among these scrips.
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12:28 (IST) 21 Nov 2022 Gold prices fall as traders await US Fed rate hike decision
Gold rate was negative on Monday due to negative global trends, while silver rate was down 0.78%. On Multi Commodity Exchange, gold December futures were trading at Rs 52,515 per 10 grams, down Rs 73 or 0.14%. Silver December futures were trading Rs 472 down at Rs 60,403 per kg on MCX.
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12:28 (IST) 21 Nov 2022 Auto stocks slip
Nifty Auto index slipped 0.5%, dragged by the TVS Motor, Hero MotoCorp, Sona BLW Precision Forgings
12:21 (IST) 21 Nov 2022 Axis Securities Weekly Technical Picks
Nifty started the week on a flat note and remained lacklustre within a narrow trading range throughout the week. Nifty closed at 18308 with a loss of 42 points on a weekly basis.
Bank Nifty started the week on a flat note and remained in a narrow range throughout the week, indicating lack of strength on either side. Bank Nifty closed at 42437 with a gain of 300 points on a weekly basis
Alicon Castalloy Limited has a buy at range 1060 – 1040. Holding period is 3 to 4 weeks.
JB Chemicals & Pharmaceuticals Limited has a buy at range 2100 – 2066. Holding period is 3 to 4 weeks.
IIFL Finance Limited has a buy at range 445 – 437. Holding period is 3 to 4 weeks.
Great Eastern Shipping Company Limited has a buy at range 620 – 608. Holding period is 3 to 4 weeks.
12:05 (IST) 21 Nov 2022 Nifty, Sensex trading in red
Benchmark indices were trading lower with Nifty below 18200. The Sensex was down 508.06 points or 0.82% at 61155.42, and the Nifty was down 146.70 points or 0.80% at 18161.
12:04 (IST) 21 Nov 2022 Escorts Kubota rallies 6%
Escorts Kubota rallied 6%. The stock neared record high on strong growth outlook. The management has laid out a target revenue of Rs 22,700 crore by FY28 driven by amalgamation with Kubota JVs, ramp-up of vehicle/component exports, and continuing growth in domestic businesses.
11:46 (IST) 21 Nov 2022 Easy Trip Planners shares trade ex-dividend and ex-bonus
EaseMyTrip stock is trading ex-dividend and ex-bonus. The board of directors of the company fixed 22 November 2022 as record date to finalize eligible beneficiaries for the issuance of bonus shares and stock subdivision.
11:23 (IST) 21 Nov 2022 Nifty must hold above 18400 to move towards 18600; buy these two stocks to pocket gains
The Nifty index opened flat to positive in previous session but failed to hold above 18400 zones and sank towards 18256 levels in the first part of the days. Profit booking was seen in the index at a higher zone and closed with losses of around 33 points. It formed a bearish candle on the daily frame. An important level to watch on the upside is 18400. Sustain above the same we might head towards 18600 levels. On a daily chart formed Bullish candlestick, indicates a positive structure in the market.
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10:39 (IST) 21 Nov 2022 IPO Watch: Five Star Business Finance shares makes weak market debut
Shares of Five Star Business Finance listed at a discount to IPO price on NSE and BSE amid weak domestic market. The share debuted at Rs 468.8, 1.1% under its issue price of Rs 474. The scrip touched a low of Rs 448.2 before recouping its losses. A muted listing was expected as ahead of the market debut, Five Star Business Finance shares were trading at a discount in the grey market.
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10:13 (IST) 21 Nov 2022 Archean Chemical shares list at premium on BSE, NSE; stock surges 10% on debut to Rs 450
Archean Chemical shares witnessed a premium listing amid a weak market. The stock debuted at Rs 450, up 10% or Rs 43 from its issue price. The shares price rallied further to Rs 466, up 14% on NSE. Shares of the specialty chemical company were commanding a grey market premium (GMP) of Rs 124 ahead of the market debut. Note that the IPO of the specialty marine chemical manufacturer was subscribed 32.23 times with major support by qualified institutional buyers (QIBs) that had bid for 48.91 times. High net worth individuals (HNIs) bought 14.90 times the allotted quota and retail portion booked 9.96 times. In fact, the response to issue has been better from day one of subscription.
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10:06 (IST) 21 Nov 2022 Nifty, Sensex extend losses
Benchmark indices extended the early losses and trading near the day’s low point. The Sensex was down 457.05 points or 0.74% at 61,206.43, and the Nifty was down 134.50 points or 0.73% at 18,173.20.
09:48 (IST) 21 Nov 2022 EaseMyTrip shares surge 17%
EaseMyTrip shares soared over 17% after company’s net sales jumped 92% on-year in Q2FY23.
09:47 (IST) 21 Nov 2022 Power stocks fall
BSE Power index shed 1%, dragged by the Adani Transmission, Adani Power, Siemens
09:26 (IST) 21 Nov 2022 Sensex in red, Nifty below 18250
The Sensex was down 290.62 points or 0.47% at 61372.86, and the Nifty was down 83.20 points or 0.45% at 18224.50.
09:22 (IST) 21 Nov 2022 Derivatives view
“Nifty weekly contract has highest open interest at 18400 for Calls and 18300 for Puts while monthly contracts have highest open interest at 18400 for Calls and 18300 for Puts. Highest new OI addition was seen at 18400 for Calls and 18300 for Puts in weekly and at 18400 for Calls and 18300 for Puts in monthly contracts. FIIs increased their future index long position holdings by -1.10%, increased future index shorts by -3.52% and in index options by 44.74% in Call longs, 23.25% in Call short, 71.16% in Put longs and 34.33% in Put shorts.”-Anand James – Chief Market Strategist at Geojit Financial Services
09:21 (IST) 21 Nov 2022 Nifty, Sensex open in red
100 pts-gap down open for Nifty; index slips to 18,200
Sensex drops 350 points to kick-off new week
09:13 (IST) 21 Nov 2022 Play defensively rather than taking risky shots at goal
“There is a strong tailwind and a strong headwind which can sway the market now. The tailwind is the sharp decline in Brent crude to $86.75, which is a big macro positive for India. But this tailwind is unlikely to take the market higher since the headwind in the form of steadily declining momentum in the recent market uptrend, is very strong. The optimism driven by the recent decline is US inflation has run its course and the market is likely to wait for further data on the direction of US inflation and interest rates. So, this is the time to play defensively rather than taking risky shots at the goal. Cautious defensive games can be a good short-term strategy.”- VK Vijayakumar, Chief Investment Strategist at Geojit Financial Services
09:12 (IST) 21 Nov 2022 Stock-specific action likely in Zomato, Maruti, PB Fintech
“Benchmark Indices are expected to open on a slight negative note today as suggested by trends on SGX Nifty. US markets and the majority of the European markets ended higher on Friday. Asian markets are trading weak in the early Monday trade. Some stock-specific actions can be witnessed in stocks such as Zomato, PB Fintech, Maruti Suzuki, IEX. On the technical front, Immediate support and resistance in Nifty 50 are 18120 and 18400 respectively. Bank Nifty immediate support and resistance are 42050 and 42980 respectively.”- Mohit Nigam, Fund manager & Head – PMS, Hem Securities
09:11 (IST) 21 Nov 2022 Rupee opens lower
Indian rupee opened 14 paise lower at 81.82 per dollar on against previous close of 81.68.
09:09 (IST) 21 Nov 2022 Pre-Open: Nifty, Sensex in red
Benchmark indices are trading lower in the pre-opening session with Nifty around 18200. At 09:01 AM, the Sensex was down 269.65 points or 0.44% at 61393.83, and the Nifty was down 92.90 points or 0.51% at 18214.80.
08:57 (IST) 21 Nov 2022 Nifty could find support at 18044-18103 band
“Nifty snapped a 4-week gain on Nov 18 by posting 0.23% weekly loss. It however recovered and cut its daily loss after making an intra day low at 1455 Hrs. It closed 0.20% or 36.3 points lower at 18307.7. Cyclical sectors came under selling pressure even as there was a feeling of fatigue among traders due to subdued volatility. Broad market continued to underperform as the A/D ratio remained much below 1:1. Cues from the US Fed members hinting at continued rate hikes on Thursday pricked sentiments globally. Nifty could now find support at the 18044-18103 band while 18409 could act as a resistance in the near term.”-Deepak Jasani, Head of Retail Research, HDFC Securities
08:55 (IST) 21 Nov 2022 Nifty could zoom higher and march towards its all-time-high
“Markets are likely to struggle in early Monday trades, tracking weakness in SGX Nifty and other Asian indices. The pessimism can be attributed to the harsh tone by the Fed officials over the weekend, especially Federal Reserve Governor Christopher Waller’s statement that markets were “way out in front” and that rates will not fall until there is “clear, strong” evidence inflation is falling. However, there is a bright possibility that the Nifty could zoom higher and march towards its all-time-high at 18605 amid tumbling crude oil price at $80 a barrel after falling nearly 10% last week, and further decline in the US Dollar index to 107 levels.”-Prashanth Tapse- Research Analyst, Senior VP (Research), Mehta Equities Ltd
08:52 (IST) 21 Nov 2022 6 factors to watch before market opens today
Bulls will likely remain subdued on Monday, and benchmark indices BSE Sensex and NSE Nifty are expected to open mildly in red. “Nifty ends almost flat with a minor cut on a week-to-week basis, followed by six straight weeks of gains. The market remained range-bound amid a lack of cues, and it will look for direction ahead of F&O expiry. The good part is that the market is just breathing after a long run-up, and there is a good probability of an upside breakout. However, we are seeing profit booking in a broader market,” says Pravesh Gour, Senior Technical Analyst, Swastika Investmart.
Here are six factors to watch for before the share market opens today.
08:36 (IST) 21 Nov 2022 Bank Nifty hurdle at 42700
“Continuing its prior rising trend, Bank Nifty kept exploring uncharted territory in the last week. The index recorded a new life-timehigh of 42,623-level and outperformed benchmark Nifty. On Friday, the index bounced after testing its near-term support zone of (42,350-42,200 zone) and closed on a flat to negative note. The key technical indicators stuck around the overbought zone on the daily timeframe chart. In case the index violates, its near-term support zone, this could drag it towards 42,000-41,900 zone. In the meanwhile, short-term consolidation cannot be ruled out. On the higher side, the index will face hurdle around 42,700-level. As for the day, support is placed at around 42,244 and then at 42,050 levels, while resistance is observed at 42,611 and then at 42,784 levels.”-Reliance Securities
08:35 (IST) 21 Nov 2022 Nifty poised for near-term decline
“Nifty failed to continue its prior rising trend during the last week amidst subdued heavyweights. The index closed on a flat to negative note after four consecutive upticks. On very last trading session of the week, the index witnessed relatively high volatility and closed around near-term support of 18,300-level. Overall market breadth remained negative, while mixed trend witnessed across the sectors. The key technical indicators are on the verge of bearish cross-over on the short-term timeframe chart. As per the current set-up, the index is poised for near-term decline, which could drag it towards 18,210-18,175 zone initially and 17,950-level subsequently. In case the index bounce, it may face hurdle around 18,450-level. As for the day, support is placed at around 18,213 and then at 18,119 levels, while resistance is observed at 18,398 and then at 18,489 levels.”-Reliance Securities
08:34 (IST) 21 Nov 2022 Reliance Securities Intraday Picks
AXISBANK (PREVIOUS CLOSE: 859) BUY
For today’s trade, long position can be initiated in the range of Rs 848- 855 for the target of Rs 875 with a strict stop loss of Rs 835.
TATAMOTORS (PREVIOUS CLOSE: 424) BUY
For today’s trade, long position can be initiated in the range of Rs 418- 421 for the target of Rs. 432 with a strict stop loss of Rs 416.
SUNPHARMA (PREVIOUS CLOSE: 1010) SELL
For today’s trade, short position can be initiated in the range of Rs 1020-1035 for the target of Rs.985 with a strict stop loss of Rs 1050.
08:32 (IST) 21 Nov 2022 Nifty to witness buying above 18500, Bank Nifty may hit 43000; use Iron Butterfly for 24 Nov F&O expiry
Nifty closed at 18308 with a loss of 42 points on a weekly basis. On the weekly chart, the index has formed a small bearish candle carrying shadows on either side representing extreme volatility. The chart pattern suggests that if Nifty crosses and sustains above 18500 level it would witness buying which would lead the index towards 18600-18800 levels. However, if the index breaks below 18200 level it would witness selling which would take the index towards 18000-17700.
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08:01 (IST) 21 Nov 2022 Nifty’s immediate goal post seen at its all-time-high of 18605
“Markets traded volatile and ended marginally lower on Friday as we can see Nifty Auto index (-1.17%) drag but PSU Banks shine (+1.34%). Technically, Nifty traded with negative bias but the positive takeaway was that bulls regrouped at lower levels on backdrops of improving Asian and European stock markets – but still, The line in the sand at Nifty’s support at 18151 mark. As long as Nifty 18151 support is held, Nifty’s immediate goal post is seen at its all-time-high at 18605 mark and then targets at psychological 19000 mark.”-Prashanth Tapse – Research Analyst, Senior VP (Research), Mehta Equities Ltd
07:57 (IST) 21 Nov 2022 Mix of equity & debt, 60:40 ideal for an average risk-averse investor
“During last week, direction of the domestic market was largely driven by the trend of global peers. Global markets were surging in the expectation that the Fed will scale back its aggressive rate hike in reaction to easing U.S. inflation data. However, the euphoria was dashed by better U.S. retail sales in October and aggressive remarks from Fed officials. Domestic CPI inflation has moderated to 6.8% owing to declines in food and commodity prices, however, it remained above the RBI’s tolerance level. The CPI is estimated to fall within the range from Q1 FY24. Although domestic macroeconomic indicators and FII inflows are favourable, negative vibes from global markets and premium valuation compared to peers, the domestic market traded with caution. In the absence of major domestic triggers, the domestic market is expected to continue its focus on global trends. Considering the current market scenario, a balanced approach with a mix of equity & debt, 60:40 for an average risk-averse investor, is advised as interest yields are becoming attractive, and the economy is slowing.”-Vinod Nair, Head of Research at Geojit Financial Services
07:55 (IST) 21 Nov 2022 See this phase as an opportunity to accumulate quality stocks in a staggered manner
“In the prevailing scenario, the focus should be on identifying opportunities across sectors, barring pharma and media, which may continue to trade subdued in the coming week. At the same time, traders should also focus on managing risk related to breakout failures and sharp gaps against the trend, to avoid a major dent in their accounts. Investors, on the other hand, should see this phase as an opportunity to accumulate quality stocks but in a staggered manner.”-Ajit Mishra, VP – Research, Religare Broking Ltd.
07:54 (IST) 21 Nov 2022 Nifty to hold 17800 in case of further decline
“With all the major events behind us, participants will take cues from the global markets, crude and currency market movement. Besides, the scheduled monthly expiry of November month derivatives contracts would keep the traders on their toes.In the recent recovery, our markets were showing resilience when the global indices especially the US markets were facing the heat. And, they are now largely aligned and we have considerable strength in the prevailing trend. However, we can’t ignore the possibility of further consolidation citing mixed trends across sectors and restricted participation from the index majors. On the index front, we expect Nifty to hold 17,800-18,100 in case of further decline during the consolidation.”-Ajit Mishra, VP – Research, Religare Broking Ltd.
07:51 (IST) 21 Nov 2022 Nifty must hold above 18250 for an upmove towards 18444; buy Bharti Airtel, Kotak Bank stocks for gains
Undertone bullish sentiment in the market due to India Vix fell to a 1-year low to below 15, strong tax collection (expected manage to fiscal deficit), strong micro data, fall in oil price, stable USDINR, and hope of favorable Union budget will be positive for the market sentiment. Nifty has formed a small-bodied Bearish candle on the weekly frame and has been forming higher lows from the last seven sessions. Now, it has to hold above 18250 zones, for an up move towards 18444 then 18600 zones whereas supports are placed at 18188 and 18000 zones.
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07:37 (IST) 21 Nov 2022 Nifty support at 18100
“The Nifty continues to show consolidation movement with weak bias at the highs and still there is no formation of any significant top reversal pattern. Further consolidation or minor weakness from here could find support around 18100 levels and we expect upside bounce from the lows.”- Nagaraj Shetti, Technical Research Analyst, HDFC Securities
07:36 (IST) 21 Nov 2022 Nifty technical view
“A reasonable negative candle was formed on the daily chart with long lower shadow. Technically, this pattern indicates an emergence of buying interest from the lows. Nifty took a support of 10day EMA and also previous opening upside gap of 11th Nov to show upside bounce on Friday. The positive chart pattern like higher tops and bottoms continued on the daily chart and Nifty is currently in line with the formation of new higher bottom formation. Nifty on the weekly chart formed a small negative candle with minor upper and lower shadow. This signal a formation of high wave type candle formation and this reflects high volatility at the highs.”-Nagaraj Shetti, Technical Research Analyst, HDFC Securities
07:35 (IST) 21 Nov 2022 Nifty likely to scale new highs this week
“Hawkish commentary from Fed official over continuation of aggressive stance in subsequent meets dented the global sentiments. This week FOMC meeting minutes are due which would provide further cues to the market. Last week though, Nifty shied away from its all-time high, it is hoped that this week, Nifty would scale to those levels. Volatility index too is at 1 year low and at comfortable levels which is supporting the positive sentiments.”-Siddhartha Khemka, Head – Retail Research, Motilal Oswal Financial Services
07:33 (IST) 21 Nov 2022 Bank Nifty may head towards 44000 once 43000 breached
“Technically, the Nifty is consolidating with a fulcrum at 18300. On an immediate basis, 18200 is a decent support level, whereas 18090–17950 is a critical support zone. On the upside, 18450 is an immediate hurdle; above this, we can expect a rally towards 18611/18888 levels. Bank Nifty is outperforming where 43000 is an immediate psychological hurdle; above this, we can expect a move toward the 44000 level. On the downside, 42000–41650 is a strong demand zone. As per the option statistics, 18400 is an immediate hurdle with the highest open interest on the call side. As the put/call ratio is at 0.89, which is oversold territory, a decisive move above 18400 could result in a short-covering rally. On the other hand, 18300 is the immediate base with the most open interest on the put side, while 18000 is a significant support. The long exposure of FIIs in index futures stands at 65%, which suggests their positive bias.”-Pravesh Gour, Senior Technical Analyst, Swastika Investmart Ltd.
07:32 (IST) 21 Nov 2022 A rangebound market will look for direction ahead of F&O expiry
“Nifty ends almost flat with a minor cut on a week-to-week basis, followed by six straight weeks of gains. The market remained range-bound amid a lack of cues, and it will look for direction ahead of F&O expiry. The good part is that the market is just breathing after a long run-up, and there is a good probability of an upside breakout. However, we are seeing profit booking in a broader market. Apart from F&O expiry, institutional flows will be important, which have dried up in the last couple of trading sessions. On the global front, the minutes of the US FOMC meeting will lead to some volatility in global markets. The movement of the dollar index, US bond yields, and crude oil prices will remain other critical factors to watch out for.”-Pravesh Gour, Senior Technical Analyst, Swastika Investmart Ltd.
07:31 (IST) 21 Nov 2022 Stocks under F&O ban on NSE
Balrampur Chini Mills, BHEL, Delta Corp, Gujarat Narmada Valley Fertilizers and Chemicals, Indiabulls Housing Finance, Punjab National Bank, and Sun TV Network are the seven stocks under the NSE F&O ban list for today. Securities thus banned under the F&O segment include companies where derivative contracts have crossed 95% of the market-wide position limit.
07:30 (IST) 21 Nov 2022 FII and DII data
Foreign institutional investors (FIIs) net offloaded shares worth Rs 751.20 crore, while domestic institutional investors (DIIs) net purchased equities worth Rs 890.45 crore on 18 November, according to the provisional data available on NSE.
07:26 (IST) 21 Nov 2022 Asian markets in red
Shares in the Asia-Pacific traded lower on Monday as China’s central bank kept its benchmark lending rates, or loan prime rates, on hold — in line with expectations. The Hang Seng index in Hong Kong fell 3.05%, leading losses in the wider region. In mainland China, the Shanghai Composite fell 0.62% and the Shenzhen Component also fell 1.1%. The Nikkei 225 in Japan was just below the flat line and the Topix rose fractionally. In Australia, the S&P/ASX 200 was slightly lower. South Korea’s Kospi dropped 1.15%. The MSCI’s broadest index of Asia-Pacific shares outside Japan was down 1.36%.
07:26 (IST) 21 Nov 2022 Wall Street indices end in green
Wall Street’s benchmark S&P 500 index ended higher on Friday in a choppy trading session, as gains in defensive shares overshadowed energy declines, and investors shrugged off hawkish comments from Federal Reserve officials about interest rate hikes. The Dow Jones Industrial Average rose 199.37 pts or 0.59% to 33,745.69, the S&P 500 gained 18.78 pts or 0.48% to 3,965.34 and the Nasdaq Composite added 1.11 pts or 0.01% to 11,146.06.