HomeNewsVideosBusinessMarketsLive: Will Nifty head higher ahead of Diwali muhurat trading? SBI, BoB in focus| Cello World Listing

Trending Topics

Sensex Today

TCS Share Price

Capillary Technologies shares

Groww Share Price

KEC International Share Price

Live: Will Nifty head higher ahead of Diwali muhurat trading? SBI, BoB in focus| Cello World Listing

Indian equity market extended uptrend for second consecutive session on November 3, but considering it is at the crucial hurdle of 19,200-19,300 area, which had acted as a strong support area in August before getting into sharp rally in September, and also there is a continuation of tug-of-war between bulls and bears for firm direction, will it be able to extend uptrend from here on? Experts believe it is possible only if the index surpasses and holds 19,300 mark, then 19,500-19,600 can be the next possible resistance area for the index, whereas on the downside, 19,000-18,900 seems to be key support zone. On Friday, the BSE Sensex jumped 283 points to 64,364, while the Nifty50 was up 97 points at 19,231. The broader markets also continued uptrend, with the Nifty Midcap 100 and Smallcap 100 indices rising 0.7 percent and 1.2 percent respectively, on positive breadth. About two shares advanced for every falling share on the NSE. This week earnings will once again take centrestage as Divis Laboratories, Power Grid, Adani Ports, Coal India, Eicher Motors, Hindalco Industries, Mahindra & Mahindra, and ONGC ar4e slated to hand in their quarterly report cards in the last leg of earnings. The primary market will remain in action in the last week of Samvat 2079 with four initial public offerings worth Rs 1,390 crore opening for subscription and nine firms making their debut on the bourses. Cello World is all set to make its debut and it could list at 22-25% premium over its issue price. Other notable mainboard listings include Mamaearth and ESAF Small Finance Bank. For today the stocks that will make headlines include SBI, Bank Of Baroda, PB Fintech, IndiGo among others. Catch Nandita Khemka in conversation with Rajesh Palviya of Axis Securities and Siddhartha Khemka, Head of Retail Research - Broking & Distribution, MOFSL.

Moneycontrol News

TAGS: #BoB #live #SBI #stockmarketlive #stocks #video

first published: Nov 6, 2023 08:44 am

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Follow Us On:

instagram

youtube

News

Business New Market New Stocks Income Tax Calculator Election Schedule 2024 India News Economy Mutual Funds Personal Finance IPO News Startups New USA Elections New

Features

Gold Rate Today Silver Rate Today Trending News Startups New National News MC Videos MC You Tube

Tools

SIP Calculator 2 SIP Calculator 3 SIP Calculator 1 New SIP Calculator 4

Specials

PowerYourTrade Master Your Money Game Changers

Network 18 Sites

News18 Firstpost CNN News18 CNBC TV18 Forbes History TV18

Personal Finance

Home Loans up to 50 Lakhs Credit Cards Lifetime Free Finance Tracker Fixed Deposits Fixed Deposit Comparison Fixed Income Account Aggregator

Quick Links

About Us New Contact Us Advisory Alert New Advertise with Us New Disclaimer Privacy Policy Cookie Policy Terms & Conditions Careers Financial Terms (Glossary) Analytical & Information Tool New

Download MC Apps:

Copyright © Network18 Media & Investments Limited. All rights reserved. Reproduction of news articles, photos, videos or any other content in whole or in part in any form or medium without express written permission of moneycontrol.com is prohibited.