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January 19, 2023 / 03:43 PM IST

Closing Bell: Nifty ends at around 18,100, Sensex falls 187 pts; power, FMCG drag

Among sectors, power, FMCG and auto down 0.5-1 percent.

  • Closing Bell: Nifty ends at around 18,100, Sensex falls 187 pts; power, FMCG drag
    Stock Market Today:
    • 03:22 PM IST

      BSE Auto index slips 0.5 percent dragged by Tata Motors, Cummins India, Tube Investments of India

    • 03:19 PM IST

      Polycab India posts 45 percent jumps in its Q3 net profit at Rs 358 crore

    • 03:16 PM IST

      Motilal Oswal reiterates 'Buy' rating on IndusInd Bank with a Target Price of Rs 1,550

    • 02:47 PM IST

      Gulshan Polyols to acquire 40% stake in JGN Sugar and Biofuels

    • 02:40 PM IST

      Credit Suisse maintains ‘Outperform’ rating on IndusInd Bank

    • 02:34 PM IST

      Havells India Q3 net profit down 7.2% at Rs 284 crore against Rs 306 crore (YoY)

    • 02:31 PM IST

      Kuantum Papers Q3 net profit at Rs 57.3 crore against Rs 4 crore (YoY)

    • 02:23 PM IST

      Automobile Corporation Q3 net profit up 20.6% at Rs 4.1 crore against Rs 3.4 crore (YoY)

    • 02:13 PM IST

      Happiest Mind Technologies Q3 net profit slips 3.1% at Rs 57.6 crore against Rs 59.4 crore (QoQ)

    • 02:01 PM IST

      Indices trade lower amid volatility; power, FMCG stocks under pressure

    • 02:00 PM IST

      Datamatics Global Services Q3 profit up 24.1% at Rs 45.9 crore

    • 01:55 PM IST

      CLSA kept ‘Buy’ rating on IndusInd Bank with a target at Rs 1,500

    • 01:44 PM IST

      Asian Paints Q3 net profit up 6.4% at Rs 1,097 crore

    • 01:41 PM IST

      Nifty Energy index falls 0.6 percent dragged by Adani Green, Adani Transmission, Tata Power

    • 01:31 PM IST

      Meghmani Finechem Q3 reports 10.8 percent jump in its Q3 net profit at Rs 77.2 crore

    • 01:30 PM IST

      ICICI Securities posts 26.6 percent fall in its Q3 net profit at Rs 279.1 crore

    • 01:28 PM IST

      Alembic Pharmaceuticals gets USFDA tentative approval for Acalabrutinib Capsules

    • 01:25 PM IST

      Geojit maintains 'Buy' rating on L&T Finance Holdings with target price of Rs 110

    • 01:17 PM IST

      Manasi Tata takes over as Vice Chairperson of Toyota Kirloskar Motor

    • 01:03 PM IST

      Indices trade lower but Nifty holds above 18,100; IndusInd Bank, RIL most active

    • 12:48 PM IST

      SBI raises Rs 9,718 crore through infra bonds at coupon rate of 7.70%

    • 12:40 PM IST

      Jefferies maintains ‘Buy’ rating on IndusInd Bank, target at Rs 1,600

    • 12:34 PM IST

      Shemaroo Entertainment Q3 profit falls 45.4% YoY, revenue jumps 66.3%

    • 12:24 PM IST

      Nifty FMCG index sheds 0.7 percent dragged by HUL, Tata Consumer Products, United Spirits

    • 12:14 PM IST

      KIOCL executes mining lease deed with Govt. of Karnataka

    • 12:08 PM IST

      Shanthi Gears to purchase Land and buildings at Sanand, Gujarat for expansion

    • 12:01 PM IST

      Indices recovers, trade flat amid volatility; metals shine

    • 11:56 AM IST

      Ugro Capital crosses AUM of over Rs 5,000 crore in Q3FY23; stock gains 4%

    • 11:43 AM IST

      Ashok Leyland to supply 500 buses to Government of Sri Lanka

    • 11:31 AM IST

      BSE Oil & Gas index up 0.4 percent led by Indraprastha Gas, ONGC, IOC

    • 11:27 AM IST

      Morgan Stanley keeps 'Overweight’ rating on IndusInd Bank

    • 11:16 AM IST

      Newgen Software management to participate in a non-deal roadshow on January 19 & 20

    • 11:09 AM IST

      Maruti Suzuki commences exports of Grand Vitara

    • 11:06 AM IST

      About 1507 shares have advanced, 1541 shares declined, and 147 shares are unchanged

    • 11:02 AM IST

      FY23 will have a revenue growth of at least 30 percent: Persistent Systems management

    • 10:46 AM IST

      Oracle Financial Services Software in focus after Q3 profit rises 10% to Rs 437.33 crore

    • 10:29 AM IST

      BSE Metal index sheds 0.5 percent dragged by Adani Enterprises, Hindalco Industries, Welspun Corp

    • 10:16 AM IST

      Mahindra Lifespaces gains after winning redevelopment project in Mumbai

    • 10:04 AM IST

      Persistent Systems shares gain nearly 4% as Q3 profit rises to Rs 238 crore

    • 10:00 AM IST

      Nifty around 18,100, Sensex falls; Adani Enterprises, Titan top losers

    • 09:54 AM IST

      Rallis India shares fall 4% as Q3 profit tanks 43% YoY to Rs 22.6 crore

    • 09:47 AM IST

      Alok Industries shares fall post weak Q3 numbers

    • 09:45 AM IST

      Goa Carbon shares gain 5% as Q3 profit jumps 57% YoY to Rs 25.6 crore

    • 09:42 AM IST

      BSE Power index up 1 percent led by ABB, JSW Energy, NHPC

    • 09:40 AM IST

      Hindustan Zinc share price gain 2% ahead of board meeting to consider interim dividend

    • 09:31 AM IST

      Adani Enterprises sets floor price for FPO at Rs 3,112 per share

    • 09:22 AM IST

      Aurobindo Pharma share price fall as USFDA issues ‘Form 483’ with 2 observations

    • 09:21 AM IST

      Vedanta to acquire Meenakshi Energy for Rs 1,440 crore

    • 09:10 AM IST

      Vodafone Idea fails to clear dues to government for the December quarter

    • 08:58 AM IST

      Markets are likely to crack in early trades Thursday: Prashanth Tapse

    • 08:50 AM IST

      JSW Energy gets Letter of Awards for 500MW/1000MWH battery energy storage

    • 08:48 AM IST

      Tata Technologies begins work on initial public offer to raise Rs 4,000 crore

    • 08:39 AM IST

      Adani Enterprises FPO from Jan 27, price band has been fixed at Rs 3,112-3,276

    • 08:05 AM IST

      IndusInd Bank reports 68.7% YoY jump in standalone profit at Rs 1,959 crore for Q3FY23

    • 07:57 AM IST

      Dollar rises on safe haven bids; yen regains footing

    • 07:48 AM IST

      SGX Nifty indicates a negative start for the Indian indices

    • 07:41 AM IST

      Oil down 1% on another surprise build in U.S. crude stocks

    • 07:37 AM IST

      Asian Markets trade lower with Nikkei, Hang Seng down 1% each

    • 07:35 AM IST

      Wall Street sinks after weak data, hawkish Fed comments

  • IndexPricesChangeChange%
    Sensex58,991.521,031.43 +1.78%
    Nifty 5017,359.75279.05 +1.63%
    Nifty Bank40,608.65698.50 +1.75%
    Nifty 50 17,359.75 279.05 (1.63%)
    Fri, Mar 31, 2023
    Biggest GainerPricesChangeChange%
    Reliance2,331.0596.35 +4.31%
    Biggest LoserPricesChangeChange%
    Apollo Hospital4,310.90-52.10 -1.19%
    Best SectorPricesChangeChange%
    Nifty IT28698.60687.30 +2.45%
    Worst SectorPricesChangeChange%
    Nifty Pharma12017.0074.50 +0.62%

  • January 19, 2023 / 04:21 PM IST

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

    The Nifty has given a bullish breakout recently from a base triangle pattern formation. On January 19, it witnessed a brief consolidation, which has resulted in an Inside bar pattern on the daily chart. The overall structure shows that this is only a pause & is expected to be followed by the next leg on the upside.

    From a short term perspective, any dip towards 18,050-18,000 can be taken as a fresh buying opportunity. Over the next few sessions, the Nifty is expected to surpass the key hurdle zone of 18,260-18,300 & head towards 18,500.

  • January 19, 2023 / 04:11 PM IST

    Kunal Shah, Senior Technical Analyst at LKP Securities

    The Bank Nifty continues to trade sideways as the banking index traded within a narrow range before closing slightly lower.

    The sentiment remains sideways to positive as long as it remains above 41800. The momentum indicator is in positive crossover on the daily chart.

    The current trend is likely to continue until the Bank Nifty falls below 41800. On the higher end, a resistance is visible at 42500.

  • January 19, 2023 / 03:58 PM IST

    Vinod Nair, Head of Research at Geojit Financial Services

    Domestic indices snapped their previous gains amid negative sentiments from their global counterparts. Weak US consumer data and hawkish comments from the Fed's policymakers on Wednesday hammered investor risk appetite.

    Lingering fears of recession dragged global bourses down, leaving the market volatile.

  • January 19, 2023 / 03:55 PM IST

    Shrikant Chouhan, Head of Equity Research (Retail), Kotak Securities

    The uncertain global market environment coupled with a hawkish stance by the US Fed officials on interest rate hikes kept the mood gloomy throughout the trading session. Although inflation is showing signs of some moderation, concerns over a likely recession in the US and western economies is prompting investors to turn risk averse toward equities.

    Technically, after a promising pullback rally, the Nifty has formed a inside body candle formation which is indicating non directional activity.

    For traders, 18,050 would be the immediate support zone and below the same the index could slip till 17,950-17,900. On the flip side, above 18,050 the index could retest the level of 18,200.

  • January 19, 2023 / 03:54 PM IST

    Piper Serica Advisors raises Rs 75 crore via Category 1 Angel Fund

    Piper Serica Advisors has raised 75 crore funds from a wide range of investors and expects to raise the remaining Rs 25 crore in a couple of months to invest in start-ups with exponential growth models.

    The Angel fund has invested an undisclosed sum in ALT Mobility, Crediwatch, ZFW Dark Stores, Driffle and Oditly.

  • January 19, 2023 / 03:49 PM IST

    Dilip Parmar, Research Analyst, HDFC Securities

    It was a muted day after Wednesday’s gain amid lacklustre domestic equities and weaker Asian currencies. However, the start-ups are getting good responses from institutional investors which are supporting the rupee.

    Market participants started positioning for SBI green bond inflows and Adani’s FPO inflows.

    In the near-term, trend for USDINR remains bearish and breaching 81.20 pave way for 80.60 while on the higher side 81.70, the 100-day simple moving average will act as resistance.

  • January 19, 2023 / 03:35 PM IST

    Rupee Close:

    Indian rupee closed 11 paise lower at 81.35 per dollar against previous close of 81.24.

  • January 19, 2023 / 03:30 PM IST

    Market Close

    : Benchmark indices ended lower in the volatile session on January 19.

    At Close, the Sensex was down 187.31 points or 0.31% at 60,858.43, and the Nifty was down 57.50 points or 0.32% at 18,107.80. About 1549 shares have advanced, 1867 shares declined, and 117 shares are unchanged.

    Adani Enterprises, Asian Paints, Tata Motors, IndusInd Bank and Kotak Mahindra Bank were among the top losers on the Nifty, while gainers were Coal India, UPL, ONGC, SBI Life Insurance and BPCL.

    Among sectors, power, FMCG and auto down 0.5-1 percent.

    BSE midcap and smallcap indices ended on flat note.

  • January 19, 2023 / 03:26 PM IST

    Nilesh Shah, Managing Director, Kotak Mahindra Asset Management Company

    The street is expecting Finance Minister to bat like Suryakumar Yadav, bowl like Umran Malik and field like Ravindra Jadeja.

    Market expects budget to be growth oriented by increasing spend in infrastructure, healthcare and education. The budget should take steps to tackle these challenges facing Indian economy viz. subdued consumption at the bottom of the pyramid, control widening trade deficit and boost private sector investment.

    The budget has to assure the investor that it is on the path to fiscal prudence while keeping tax rates stable. This is possible if budget 2023 raises non tax resources by asset monetisation and plug tax loopholes.

  • January 19, 2023 / 03:22 PM IST

    BSE Auto index slipped 0.5 percent dragged by Tata Motors, Cummins India, Tube Investments of India

  • January 19, 2023 / 03:19 PM IST

    Polycab India Q3

    Polycab India has posted 45 percent jumped in its Q3 net profit at Rs 358 crore versus Rs 246.7 crore and revenue was up 10.2% at Rs 3,715.1 crore versus Rs 3,372 crore, YoY.

Polycab India has posted 45 percent jumped in its Q3 net profit at Rs 358 crore versus Rs 246.7 crore and revenue was up 10.2% at Rs 3,715.1 crore versus Rs 3,372 crore, YoY.