Share Market Highlights- Nifty, Sensex extend gains, end in green; FMCG, Metal shine, Auto, Oil-Gas drag

Share Market Highlights: Nifty, Sensex extend gains, end in green; FMCG, Metal shine, Auto, Oil-Gas drag

Share Market News Today | Sensex, Nifty, Share Prices Highlights: Indian benchmark indices remained in green amid a volatile trade session on Tuesday. NSE Nifty closed at 18,618 after touching a day’s high of 18,678. BSE Sensex rose over 200 points and reached a day’s high of 62,887 before settling at 62,681. Broader market indices performed well except Nifty Midcap. Sectorally, the gains were led by Nifty FMCG and Nifty Metal which outshined the other indices. The least performing among the lot were Nifty Auto, Nifty Oil & gas, and Nifty Realty. Hindustan Unilever, Sun Pharma, Nestle, ICICI Bank, Dr Reddy, and Tata Steel lead the BSE Sensex rally, while IndusInd Bank, Bajaj Finserv, Maruti, Powergrid, Asian Paints, and Larsen & Toubro anchored the gains.Live Updates 15:56 (IST) 29 Nov 2022 Nifty, Sensex strong amid volatility; Heavy buying in FMCG, Auto, Realty drag

“Indian markets opened on positive note following positive overall Asian markets on back of news China encouraging vaccinations for elder which is seen crucial to reopening the economy post sporadic lockdowns. During the afternoon session the markets continued their positive trend with heavy buying in FMCG and Consumer Durables stocks. Sentiments remained optimistic as the data showed that foreign portfolio investors have infused funds worth Rs 32,344 crore in Indian stock markets so far in the month of November and became net buyers again. During the closing session almost all the major sectoral indices were trading in green except Auto and Realty which were trading marginally in red.” – Narendra Solanki, Head Fundamental Research-Investment Services, Anand Rathi Shares & Stock Brokers

15:45 (IST) 29 Nov 2022 Sensex top gainers, losers

Hindustan Unilever, Sun Pharma, Nestle, Dr Reddy, Tata Steel, and ICICI Bank lead the gains for the index in today's session. IndusInd Bank, Bajaj Finserv, Maruti, Powergrid, Bajaj Finance, and Larsen & Toubro emerged as the top laggards for today.

15:43 (IST) 29 Nov 2022 Nifty gainers, losers

Hindustan Unilever, Cipla, Hero MotoCorp, Sun Pharma, and Jindal Steel emerged as the top gainers of the NSE index. Meanwhile, Powergrid, Bajaj Finserv, Coal India, IndusInd Bank, and Eicher Motors were the top laggards in today's session.

15:40 (IST) 29 Nov 2022 Nifty, Sensex end in green

Extending previous day's gains, Indian benchmark indices ended in green amid a highly volatile session. Nifty closed at 18,618, up 0.3 per cent, while Sensex closed at 62,681, gaining almost 200 points.

14:39 (IST) 29 Nov 2022 Largest contributors on BSE

Hindustan Unilever, ICICI Bank, and Reliance Industries Ltd. are the top contributors to the BSE index ahead of the closing bell today.

14:29 (IST) 29 Nov 2022 Nifty Sectoral Outlook

Ahead of the closing, Nifty and Sensex stayed buoyant following the gains in the morning trade. Sectorally, Nifty FMCG and Nifty steered the gains. Nifty Auto appeared to be the laggard for the NSE index.

13:18 (IST) 29 Nov 2022 Fuel prices steady maintaining six-month long streak

Petrol and diesel in Delhi are trading at Rs 96.72 and Rs 89.62 per litre, respectively. In Mumbai, petrol is retailing at Rs 106.31 per litre and diesel at Rs 94.27 per litre. Read full story

13:12 (IST) 29 Nov 2022 Nifty may head towards 19000, Bank Nifty outlook positive

“Markets have finally reached a record high after spending over a year in a corrective phase. In the recent leg of the up move, recovery in the global markets combined with favourable domestic cues has played a critical role. Meanwhile, restricted participation from the index majors and continued underperformance by the broader indices are still weighing on the sentiment.” – Ajit Mishra, VP- Technical Research, Religare Broking Ltd.

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12:23 (IST) 29 Nov 2022 Indices head strong during noon trade

BSE Sensex and NSE Nifty touched record gains at noon with the rally being led by Hindustan Unilever, Nestle, and Hero MotoCorp. Britannia and Hindalco, too, complimented the gains.

10:15 (IST) 29 Nov 2022 Rupee appreciates against dollar

Rupee appreciated 8 paise against the US Dollar at 81.60 during the early trade on Tuesday on the back of foreign capital inflows and robust investor sentiments boosted by the firm trend in the domestic equity markets.

09:46 (IST) 29 Nov 2022 Hindalco, Britannia, Cipla, Titan leading gains

Reversing the flat start, Indian benchmark indices gained strong in early trade. Hindalco, Britannia, Cipla, and Titan were leading the morning gains.

09:30 (IST) 29 Nov 2022 Nifty, Sensex start better than expected

Amid mixed global cues and a subdued performance in the international markets, Indian benchmark indices opened flat with seldom a speck of red. Nifty opened at 18552.40, while Sensex started at 62,362.08

09:14 (IST) 29 Nov 2022 Nifty options

Nifty options: moderately bullish. BN options: bets at 43,000 straddle. – Rahul Sharma, Director, JM Financial Services

09:13 (IST) 29 Nov 2022 Index Futures

Retail has turned short for the first time in Index Futures since 1 August, 2022. FII continues to march ahead with longs while DII are holding shorts. – Rahul Sharma, Director, JM Financial Services

09:08 (IST) 29 Nov 2022 Markets bullish despite global headwinds; Upmove supported by local retail, HNI monies

“Indian equity markets registered all time highs on Nov 28. Progressive and prudent macro policies, resilient corporate earnings in Q2FY23, robust tax collections, early signs of recovery in IIP and GDP and first signs of cooling inflation have all excited investors. The upmove was supported by local retail and HNI monies – direct and through mutual funds (Monthly SIP inflow crossed Rs.13,000 crore in October 2022) and topped up by the FPIs who pumped in Rs.32344 crore in November till 28th. The undertone of the Indian market remains bullish despite the global headwinds. Indian markets could continue to do well with some intermittent corrections till the forthcoming Union Budget.” – Dhiraj Relli, MD & CEO, HDFC Securities.

08:59 (IST) 29 Nov 2022 Profit booking normal amid negative global cues

Global cues are negative, retail is short & after hitting a new all time high, some profit booking is quite natural. – Rahul Sharma, Director, JM Financial Services

08:57 (IST) 29 Nov 2022 Markets cautious, sentiments seeing profit booking

Asian markets have opened in the red today. This follows the weakness of yesterday as China chaos saw Asian & global markets react on the downside. Markets have turned cautious with sentiment seeing profit booking. – IIFL Securities

08:55 (IST) 29 Nov 2022 Nifty likely to find support at 18,350

Nifty is likely to find support at around 18350. 18650 is likely to act as resistance. Bank Nifty is likely to find support at around 42500 points. 43500 is likely to act as resistance on the upside. – IIFL Securities

08:53 (IST) 29 Nov 2022 SGX Nifty in red

SGX Nifty, an early indicator of the movement of Nifty 50, was trading 75 points lower at 18,654, signaling a slow start for the Indian markets.