The Indian equity benchmarks extended gains for the second day on November 29, with the Nifty surpassing 20,000 after over two months supported by positive global cues and buying in heavyweights. At the close, the Sensex was 728 points, and the Nifty was up 207 points. About 1655 shares advanced, 1581 shares declined, and 468 shares unchanged.
2/11
Hero Motocorp Ltd: Shares of the two-wheeler major rose over 3 percent to Rs 3,738, rallying for the second day in a row. The surge comes after the automobile industry reached a new milestone with vehicle sales climbing to 37.93 lakh, a 19 percent increase from last year's 31.95 lakh. Significant growth was observed in the two-wheeler clocking an increase of 21 perceent on-year.
3/11
Mahindra and Mahindra Ltd: Shares of the four-wheeler and tractor maker gained 3 percent to Rs 1,614, rallying for the fourth straight trading session after FADA showed that the automobile industry reached a new milestone with vehicle sales climbing to 37.93 lakh, a 19 percent increase from last year's 31.95 lakh.
4/11
Wipro Ltd: Shares of the IT major gained 2.3 percent to Rs 405 after the company announced it has launched a continuous compliance solution built on Amazon Security Lake in collaboration with Amazon Web Services (AWS). This solution is designed to equip enterprises with advanced capabilities to meet compliance requirements.
Axis Bank Ltd: Shares of the private lender gained nearly 4 percent to Rs 1,058 after the bank Nifty gained close to 2 percent.
6/11
Tata Motors Ltd: Shares of India's leading EV maker gained over to rs 701, up 2 percent from the previous close on the NSE. The surge comes after anticipating a strong listing for its arm, Tata Technologies, the next day. According to analysts, Tata Technologies, which would be the first listing from the Tata group since TCS in 2004, could see a strong listing gain of over 75 percent, considering the overwhelming subscription demand and investor-friendly pricing.
7/11
ONGC Ltd: Shares of the oil and gas major fell 1 percent to Rs 193 on November 29. Recently, ONGC signed deals to sell about 4.5 million tonnes of crude oil each to Bharat Petroleum Corporation Ltd (BPCL) and Hindustan Petroleum Corporation Ltd (HPCL) in which it will sell crude oil it produces from Mumbai offshore fields at a premium to international benchmark Brent.
8/11
Divi's Laboratories Ltd: Shares of the pharma major fell 0.8 percent to Rs 3,729 on November 29.
Adani Enterprises Ltd: Shares of the ports-to-power conglomerate fell close to 1 percent to Rs 2,396 after the counter fell to profit-booking. The drop comes after the stock gained nearly 9 percent on November 28. Recently, the Apex court reserved its order to probe the conglomerate based on allegations of fraud and stock manipulation levelled by a US short-seller.
10/11
Titan Company Ltd: Shares of the company fell 0.4 percent to Rs 3,429 on November 29.
11/11
Nestle India Ltd: Shares of the Maggi-maker fell a marginal 0.6 percent to Rs 24,067 on November 29. Recently, the parent company said India and China are key coffee markets for Nestle SA, with the food giant bullish on the outlook for consumption growth in the world’s most populous countries, according to the global head of strategy.
