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February 03, 2023 / 03:38 PM IST

Closing Bell: Sensex rises 900 points, Nifty above 17,850; Adani Ent rebounds strongly after worst ever fall

Sensex ended at 60,841. Nifty closed 243 points higher at 17,854. Nifty PSU Bank and Nifty Bank were the top sectoral gainers

  • Closing Bell: Sensex rises 900 points, Nifty above 17,850; Adani Ent rebounds strongly after worst ever fall
    Stock Market Today:
    • 04:06 PM IST

      "The volume profile suggests that Nifty may find support around 17500-17400": Ameya Ranadive

    • 04:01 PM IST

      Expect Rupee to trade with a slight positive bias as rebound in domestic equities, may led to fresh foreign inflows: Expert

    • 03:43 PM IST

      Rupee ends at 81.83/$ against Thursday’s close of 82.17/$

    • 03:37 PM IST

      Market closes in green after two days of red

    • 03:20 PM IST

      Goldman Sachs, JPMorgan say Adani debt offers value to trading clients

    • 03:04 PM IST

      Budget's impact will continue to hold the market high: FM Nirmala Sitharaman

    • 02:45 PM IST

      Adani Enterprises makes a full recovery from the worst ever fall in history

    • 02:09 PM IST

      About 1031 shares have advanced, 2224 shares declined, and 91 shares are unchanged

    • 01:49 PM IST

      Bank of Baroda Q3 profit jumps 75%

    • 01:31 PM IST

      CLSA maintains 'buy' call on Titan Company with a target of Rs 3,000

    • 01:17 PM IST

      Divis Laboratories posts 66% fall in its Q3FY23 net profit at Rs 306.8 crore

    • 12:52 PM IST

      GMM Pfaudler Q3 profit falls 41% to Rs 18.67 crore, revenue surges 23%

    • 12:44 PM IST

      Mahindra Lifespace Developers Q3 profit jumps 37% to Rs 34.1 crore, revenue rises 8-fold

    • 12:36 PM IST

      Fertilisers and Chemicals Travancore posts Q3 net profit at Rs 165.8 crore

    • 12:33 PM IST

      BSE Healthcare index falls 0.5 percent dragged by Gujarat Themis Biosyn, Dr. Lal PathLabs, Hikal

    • 12:27 PM IST

      Prabhudas Lilladher upgrades Titan Company to buy, target Rs 2905

    • 12:17 PM IST

      TeamLease Services board approves buyback equity shares at Rs 3,050 per share

    • 12:12 PM IST

      BSE Fast Moving Consumer Goods index sheds 0.6 percent dragged by S H Kelkar and Company, Shree Renuka Sugars, BCL Industries

    • 12:02 PM IST

      Sensex gains 250 pts, Nifty around 17,650; metal, power, oil & gas drag

    • 11:51 AM IST

      Eclerx Services Q3 profit grows 23% to Rs 131.3 crore, revenue jumps 23%

    • 11:45 AM IST

      Apollo Tyres Q3 profit jumps 31% to Rs 292 crore

    • 11:38 AM IST

      CLSA keeps 'outperform' rating on Dabur India with a target at Rs 620

    • 11:35 AM IST

      India Cements posts standalone Q3 net profit at Rs 90.7 crore

    • 11:30 AM IST

      Sharekhan keeps 'buy' call on Titan Company with a revised price target of Rs 2,950

    • 11:18 AM IST

      Dredging Corp bags order worth Rs 204 crore from Ministry of Ports, Shipping & Waterways

    • 11:10 AM IST

      Adani Enterprises sees worst ever fall, erodes 76% wealth since December

    • 11:01 AM IST

      Indices trade in the green, Nifty above 17,600

    • 10:45 AM IST

      Sanjeev Singhal gets additional charge of Chairman & MD in Mazagon Dock Shipbuilders

    • 10:42 AM IST

      Tata Consumer Products falls on weak operating performance

    • 10:19 AM IST

      Nifty Metal index falls more than 3 percent dragged by Hindustan Zinc, Jindal Steel, JSW Steel

    • 10:17 AM IST

      Prabhudas Lilladher keeps 'accumulate' rating on Dabur India, target Rs 609

    • 10:12 AM IST

      Berger Paints Q3 profit drops 20.5% to Rs 201 crore, revenue rises 5.6%

    • 09:57 AM IST

      BSE Oil & Gas index declines 2 percent dragged by Adani Total Gas, Gail, Gujarat Gas

    • 09:50 AM IST

      Likhitha Infrastructure bags order worth Rs 129.6 crore from GAIL

    • 09:45 AM IST

      Inox Green Energy Services to buy 51% stake in I-Fox Windtechnik India

    • 09:43 AM IST

      Promoters Hinduja Group look to increase stake in IndusInd Bank

    • 09:42 AM IST

      Sebi approves sale of stake by abrdn Investment in HDFC AMC

    • 09:32 AM IST

      BSE Power index sheds nearly 3 percent dragged by Adani Power, Adani Green, Adani Transmission

    • 09:30 AM IST

      Nifty Bank index up 1 percent led by IndusInd Bank, Bandhan Bank, SBI

    • 09:26 AM IST

      Dabur India shares fall as Q3 net profit falls 5.5%

    • 09:21 AM IST

      Adani Enterprises, Adani Ports in focus today

    • 08:53 AM IST

      Paytm non-executive, non-independent director Douglas Feagin resigns

    • 08:47 AM IST

      Adani Ports' January 2023 cargo volumes up 11% YoY

    • 08:37 AM IST

      Oil heads for weekly loss awaiting China recovery signs

    • 08:35 AM IST

      Dollar climbs as central banks see inflation risks unwind

    • 08:33 AM IST

      Tata Consumer Q3 net profit zooms 28% to Rs 369 crore

    • 08:28 AM IST

      NSE adds Adani Ports to ban list for February 3

    • 08:24 AM IST

      Adani Enterprises to be out of Dow Jones Sustainability Indices

    • 08:18 AM IST

      SEBI allows abrdn Investment to sell stake in HDFC Asset Management Company

    • 08:14 AM IST

      Bank of England raises interest rates, forecasts shallower recession

    • 08:01 AM IST

      Dabur Q3 net profit falls 5% to Rs 477 crore, revenue crosses Rs 3,000-crore

    • 07:52 AM IST

      Titan Q3 net profit dips 10% to Rs 904 crore, misses estimates

    • 07:45 AM IST

      Nasdaq, S&P 500 post strong gains on Fed relief, Meta surge

    • 07:35 AM IST

      Asian markets trade mostly lower with Hang Seng down 1 percent, Shanghai Composite down 0.7 percent

    • 07:30 AM IST

      SGX Nifty indicates a positive start for the Indian indices

  • IndexPricesChangeChange%
    Sensex57,925.28-289.31 -0.50%
    Nifty 5017,076.90-75.00 -0.44%
    Nifty Bank39,616.90-382.15 -0.96%
    Nifty 50 17,076.90 -75.00 (-0.44%)
    Thu, Mar 23, 2023
    Biggest GainerPricesChangeChange%
    Hindalco398.806.05 +1.54%
    Biggest LoserPricesChangeChange%
    SBI512.75-8.80 -1.69%
    Best SectorPricesChangeChange%
    Nifty FMCG45267.45157.95 +0.35%
    Worst SectorPricesChangeChange%
    Nifty PSU Bank3643.60-64.70 -1.74%

  • February 03, 2023 / 04:39 PM IST

    Anindya Banerjee, VP - Currency Derivatives & Interest Rate Derivatives at Kotak Securities

    USDINR spot closed 35 paise lower at 81.82, as sentiment improved in local and heavy intervention was suspected.

    Over the next week, we could see USDINR trade within a broad range of 81.50 and 82.20 levels. Key event will be the RBI monetary policy, where RBI is expected to raise rates by 25 bps.

  • February 03, 2023 / 04:27 PM IST

    Rupak De, Senior Technical Analyst at LKP Securities

    On the daily chart, the index has continued its range within the falling channel. However, on the daily chart, we find that the index has found support at the lower band of the falling channel before moving higher.

    In the near term, the index may continue recovering towards 17,950–18,000. On the lower end, support is visible at 17,450.

  • February 03, 2023 / 04:06 PM IST

    Ameya Ranadive of Choice Broking

    Domestic equities are rising as a result of dovish comments from global central banks. The European Central Bank (ECB) and the Bank of England (BoE) followed suit a day later after the United States Federal Reserve acknowledged in its monetary policy meeting on Wednesday that the disinflationary process may have begun.

    The volume profile suggests that the Index may find support around 17500-17400. In terms of OI data, the highest OI was observed on the call side at 18000, followed by 18100 strike prices, while the highest OI was observed on the put side at 17600 strike price. Bank Nifty, on the other hand, has support at 40500-41000 and resistance at 42000-42400.

  • February 03, 2023 / 04:05 PM IST

    Gaurav Ratnaparkhi, Head of Technical Research, Sharekhan by BNP Paribas

    The Nifty, in the week gone by, had breached its 40 WEMA on an intraweek basis; however received support near the lower end of the downward sloping channel & the 200 DMA & recovered thereon.

    The recovery picked up momentum on February 03 as the index surpassed the hurdle zone of 17,650-17,700. Consequently, the Nifty is approaching to climb above the 20 DMA & can test the level of 18,000 on the higher side. On the other hand, the near term support is placed at 17,700 with the major support near 17,350.

  • February 03, 2023 / 04:04 PM IST

    Weekly Outlook: Amol Athawale, Deputy Vice President - Technical Research at Kotak Securities Ltd

    During the week, the Nifty traded below the 20 day SMA (Simple Moving Average) mark and also breached the important support level of 17800 and also formed a long bearish candle on weekly charts. Technically, a minor pullback rally is possible if the index trades above 17650. On the flip side, selling pressure is likely to accelerate only after the dismissal of 17550 and below the same the index could slip till 17400. Extended correction could drag the index till the 200 day SMA or 17300.

  • February 03, 2023 / 04:01 PM IST


    Choudhary - Research Analyst at Sharekhan by BNP Paribas

    We expect Rupee to trade with a slight positive bias as rebound in domestic equities, may led to fresh foreign inflows. Decline in crude oil prices and weak Dollar amid dovish Fed may support Rupee at lower levels. Markets participants may remain cautious ahead of non-farm payrolls and ISM services PMI data from US. While the payrolls data is expected to show slowdown in pace of job additions, services PMI is expected to show the sector move to the expansion territory.USDINR spot price is expected to trade in a range of Rs 81.20 to Rs 82.80.

  • February 03, 2023 / 03:43 PM IST

    Rupee At Close | Rupee ends at 81.83/$ against Thursday’s close of 82.17/$

  • February 03, 2023 / 03:37 PM IST

    Markets At Close

    Sensex gained 909.64 points or 1.52 percentto close at 60,841.88. Nifty gained 243.60 points or 1.38 percent at 17,854. About 1304 shares advanced, 2128 shares declined, and 127 shares were unchanged.


 Sensex gained 909.64 points or 1.52 percentto close at 60,841.88. Nifty gained 243.60 points or 1.38 percent at 17,854. About 1304 shares advanced, 2128 shares declined, and 127 shares were unchanged.
  • February 03, 2023 / 03:23 PM IST
    Top Sectoral Gainers (Intra-day)
    Bank of Baroda163.656.2370824310
    Canara Bank296.23.8916154346
    Bank of India79.752.5716943504
  • February 03, 2023 / 03:04 PM IST

    FM Nirmala Sitharaman To Network18

    -Budget's impact will continue to hold the market high
    -Detailing in this budget is a standout feature
    -LIC, SBI exposure to Adani group within permissible limits
    -Indian banking system now at a comfortable level
    -Govt is committed to privatisation