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Diwali Muhurat Trading 2023 Highlights | Here Are The Top Gainers On The Nifty Midcap Index
Diwali Muhurat Trading 2023 Highlights | Here Are The Top Gainers On The Nifty 50
Diwali Muhurat Trading 2023 Highlights | Samvat 2080 Begins On A Strong Note
– Nifty 50 ends nearly 100 points higher at 19,523
– Sensex ends 350 points higher at 65,250
– Nifty Bank ends 160 points higher close to the mark of 44,000
– All sectoral indices end with gains
– Broader markets outperform
– Nifty Midcap index ends 0.6% higher
– Nifty Smallcap index ends 1.2% higher
– Nifty IT ends as the top sectoral gainer, up 0.75%
– Coal India ends at a six-year high as the top Nifty gainer
– 43 out of 50 Nifty constituents end with gains
Diwali Muhurat Trading LIVE | Nifty Bank At 43,990.30
Nifty Bank is in the green for the last three days, up 0.4% today. The index has been in the green for seven out of the last eight trade sessions.
HDFC Bank, ICICI Bank, Kotak Mahindra Bank, SBI, Au Small Fnance Bank, are the top contributors towards the index’s upside.
Barring Federal Bank and Axis Bank, all stocks are in the green.
Diwali Muhurat Trading LIVE | PFC Extends Gains
Shares of PFC are in the green for the fifth day today, up 3.1%.
The stock has gained for seven trade sessions out of the last eight trade sessions.
The stock has gained 148.2% this year, so far.
Diwali Muhurat Trading LIVE | Welspun Corp Top Nifty 500 Gainer
Shares of Welspun Corp are in the green for the last five trade sessions. Today, it is up 8.4%. The stock has also gained for 12 out of the last 13 trade sessions.
The stock has gained 123% this year, so far.
Diwali Muhurat Trading LIVE | Infosys Top Nifty IT Gainer
Infosys is the top Nifty IT gainer, up 1.45%.
The index itself is up 0.77%, with all stocks in the index in the green.
The stock has gained 10.4% in the last six months.
It is also the top contributor towards Nifty 50’s upside, contributing 17.4 points.
Diwali Muhurat Trading LIVE | MCX Is Buzzing In Trade
Shares of MCX are in the green for the second day today, up 3.1%.
The stock has gained 84% this year, so far.
Diwali Muhurat Trading LIVE | Nifty 50 Is At 19,535.05
HDFC Bank, Infosys, Reliance, ICICI Bank, TCS are the top contributors towards Nifty 50’s upside.
HDFC Bank is contributing 16.7 points, Infosys 15.8 points, Reliance is contributing 12.8 points, ICICI Bank and TCS are contributing 6.2 and 5.7 points, respectively.
Diwali Muhurat Trading LIVE | Realty Stocks Gain
The Nifty Realty index is the top gainer among sectoral indices, up 0.9%.
All 10 stocks in the index are in the green. Swan Energy, Mahindra Lifespace, Sobha, Godrej Properties, and DLF are the top gainers in the index, trading 0.8 to 6.56% higher.
Stock Market LIVE Updates | Medanta Top Nifty Smallcap Gainer
Shares of Medanta are trading nearly 5.8% higher. The stock is up for the fourth day today.
The stock has gained 108.2% this year, so far.
Diwali Muhurat Trading LIVE | BSE Extends Gains
Shares of BSE Ltd are in the green for the second day today, up over 5%. The stock has gained for six out of the last seven trade sessions.
The stock has gained 208.3% this year, so far.
Diwali Muhurat Trading LIVE | Here's Ramesh Damani's Biggest Learning Of Being In The Market For Three Decades
Veteran investor and member of the Bombay Stock Exchange Ramesh Damani believes that while the next 1,000 – 2,000 points on the index are difficult to predict, the next 20% on the index is surely on the higher side and not lower.
“What I have learnt over the last 30 years is to remain invested in high quality businesses and not worry about the volatility that happens. That is a part of the market,” Damani told CNBC-TV18 in an exclusive interaction on the occassion of the Muhurat Trading session for Samvat 2080.
Diwali Muhurat Trading LIVE | KPIT Tech Top Nifty Midcap Gainer
Shares of KPIT Technologies are in the green for the second day today. The top Nifty Midcap gainer is up nearly 3%.
The stock has gained 102.3% this year, so far.
Diwali Muhurat Trading LIVE | ONGC Extends Gains
Shares of ONGC are in the green for the second day today, up 1.3%’.
ONGC revenue rose 4% sequentially to ₹35,163 crore, rising from ₹33,814 crore it had recorded in the first quarter of the current financial year. The CNBC-TV18 poll had estimated revenue at ₹36,767 crore.
Diwali Muhurat Trading | Coal India Top Nifty 50 Gainer
Shares of Coal India are in the green today, the top Nifty 50 gainer. The stock is up 3.2%
State-owned Coal India Ltd on Friday (November 10) reported a 12.7% year-on-year (YoY) rise in net profit at ₹6,813.5 crore for the second quarter that ended September 30, 2023. The CNBC-TV18 poll had predicted a profit of ₹5,920 crore for the quarter under review.
Diwali Muhurat Trading 2023 Live: Nifty 50 opens above the 19,500 mark; Coal India, ONGC top gainers
Diwali Muhurat Trading LIVE | Nifty 50 seto to open session above 19,550
Coal India is likely to open higher
Diwali Muhurat Trading | Pre-Open Session Begins Ahead
Diwali Muhurat Trading | Watch It LIVE On CNBC-TV18
Diwali Muhurat Trading To Begin In A Few Minutes
Editor's Take | Prashant Nair Shares His Muhurat Setup
– Notble rally for US equities on Friday; Nasdaq +2.05%
– Yields & Dollar flat, UST 10-year yield @ 4.62%
– US Fedspeak continued in favour of on-hold policy
– Moody’s downgraded US outlook from stable to negative
– Coming week: US CPI next, US govt shutdown & retail sales
– President Biden’s and President Xi Jinping’s mid-week meeting
– Brent Oil around $81.50/bbl
– Set up for Nifty remains for higher prices
– Nifty closed around the 20-day MA
– Nifty resistance at 19,530 (50% retracement)
– Bank Nifty 40-day EMA at 43,880 is the very near-term resistance
– Next Bank Nifty resistance at 44,208 (50% retracement)
Diwali Muhurat Trading 2023 Live | HDFC Securities Picks Godrej Industries For Samvat 2080
HDFC Securities believes that while Godrej Industries faces some pressure in the near-term as a standalone business, its consumer products (GCPL) and real estate subsidiaries (Godrej Properties) are doing well and their outlook remains healthy.
“We expect value unlocking due to the split between the brothers and the holding company discount cound narrow too,” the brokerage wrote. It recommends buying Godrej Industries in the ₹555 – ₹624 range for a price target of ₹735 until next Diwali.
You can read more on HDFC Securities’ stock picks here.
Diwali Muhurat Trading 2023 Live | SIP's Rule The Roost!
Diwali Muhurat Trading 2023 Live | Three Market Veterans Advise Investors For Samvat 2080
As the market moves into Samvat 2080, what should investors keep in mind before they hit “Buy” on a stock that they like? CNBC-TV18 held a Diwali Masterclass with three market veterans – Nilesh Shah of Kotak Mahindra AMC, S Naren of ICICI Prudential and Mihir Vora of Trust Mutual Fund who shared their perspective on exactly this.
You can read more on the perspective shared by all three right here.
Diwali Muhurat Trading 2023 Live | Motilal Oswal's Raamdeo Agrawal Shares His Views On The Market & Elections Next Year
Discussing Indian equities in the context of Samvat 2080, Raamdeo Agrawal, Chairman and Co-Founder of Motilal Oswal Financial Services said the market will likely rally going into the general elections as the probability of the ruling Bharatiya Janata Party (BJP) not coming back to power is low.
Talking about equity markets in general, the Chairman and Co-Founder of Motilal Oswal Financial Services, said “the era of zero interest rates” is over, and that it was too early to say that US interest rates have peaked.
Diwali Muhurat Trading 2023 Live | Why Kotak Securities Chose Canara Bank As A Pick For Samvat 2080
Kotak Securities believes that Canara Bank reported healthy loan growth of 12% with continued improvement in its asset quality. The lender’s RoE has also improved over the last few quarters due to declining credit costs. Additionally, it is trading at a discount to its other PSU banking peers. It has maintained its buy rating on the stock with a price target of ₹425 until the next Diwali.
Click here for more on Kotak Securities’ Diwali Picks For Samvat 2080.
Diwali Muhurat Trading 2023 Live | Top Smallcap Gainers Of Samvat 2079
Suzlon Energy emerged as the top gainer for Samvat 2079. The stock gained over 300% in the year gone by and is now trading at the highest level in over 12 years.
Diwali Muhurat Trading 2023 Live | ICICI Direct Picks L&T As One Of Its Recommendation For Samvat 2080