Share Market News Today | Sensex, Nifty, Share Prices Highlights: The benchmark equity indices ended Thursday’s trading session in the positive territory. The NSE Nifty 50 gained 123.95 points or 0.57% to settle at 21,778.70, while the BSE Sensex jumped 371.96 points or 0.52% to 72,410.39. The broader indices ended in positive territory, with gain led by Largecap and Smallcap stocks. Bank Nifty index ended higher by 226.35 points or 0.47% to settle at 48,508.55. Energy and FMCG stocks outperformed among the other sectoral indices while IT and Consumer Durables stocks shed. Coal India, NTPC, Mahindra & Mahindra, Hero MotoCorp and BPCL were the top gainers on the NSE Nifty 50, while the laggards include Adani Enterprises, L&T, Eicher Motors, LTI Mindtree, and Adani Ports and SEZ. The Indian Volatility Index (India VIX) closed down by 2.68 %.
11:17 (IST) 28 Dec 2023 Suzlon share jumps 3%
Shares of Suzlon Energy gains more than 3% to Rs 38.20 in the intra-day trade on the following news that the company wins new order for its 3 MW series, its third in two days,
11:00 (IST) 28 Dec 2023 Azad Engineering makes a strong debut on D-Street
Azad Engineering, endorsed by cricket legend Sachin Tendulkar, witnessed its shares open at ₹720 on the National Stock Exchange (NSE), marking an impressive 37.40% premium over the issue price of ₹524. Simultaneously, on the Bombay Stock Exchange (BSE), the stock debuted at ₹710 during Thursday’s trading session.
Also Read: Sachin Tendular backed Azad Engineering makes a strong deubt on D-Street, Lists over 37% premium
10:10 (IST) 28 Dec 2023 Early gainers on NSE
Here MotoCorp, Mahindra & Mahindra, Nestle India, SBI Life Insurance , and NTPC are the top gainers on Nifty 50 index.
09:42 (IST) 28 Dec 2023 Bank Nifty Outlook
“The Bank Nifty recently experienced a breakout from consolidation as observed on the daily chart. It’s been consistently maintaining a position above a critical moving average. Additionally, the Relative Strength Index (RSI) reflects a bullish crossover on the daily chart. Looking forward, the index could potentially target levels between 48500-48800 on the upside, with a support base at 48000,”said Rupak De, Senior Technical Analyst at LKP Securities.
09:25 (IST) 28 Dec 2023 Technical View
Commenting on the Technical outlook of Rupak De, Senior Technical Analyst at LKP Securities, said, The Nifty experienced a significant rally as Put writers amassed substantial positions at 21500. Additionally, the daily chart showcased a breakout from consolidation. The Relative Strength Index (RSI) indicates a bullish crossover, coinciding with the index positioned above a crucial moving average. Looking ahead, the index potentially aims for a range between 21750-21800 on the upside, with support resting at 21500.
09:18 (IST) 28 Dec 2023 Markets at open
The NSE Nifty 50 opened higher by 0.28% to settle at 21,715, while the BSE Sensex opens 0.31 % higher to 72,262.67.
09:00 (IST) 28 Dec 2023 F&O Ban
The NSE has added National Aluminum and RBL Bank to its F&O ban list for December 28, 2023.
08:50 (IST) 28 Dec 2023 FII, DII Data
Foreign institutional investors (FII) bought shares worth net Rs 2926.1 crore, while domestic institutional investors (DII) offloaded shares worth net Rs 192 crore on December 27, 2023, according to the provisional data available on the NSE.
08:40 (IST) 28 Dec 2023 Asian Markets
Shares in the Asia-Pacific region are trading mostly in the positive territory on Thursday morning. The Asia Dow is trading up by 0.91%, Japan’s Nikkei 225 is red, down by 0.74%, Hong Kong’s Hang Seng index is trading up by 1.74% and the benchmark Chinese index Shanghai Composite is trading higher by 0.54%.
08:29 (IST) 28 Dec 2023 Crude Oil
WTI crude prices are trading at $74.12 up by 0.01%, while Brent crude prices are trading at $79.47 down by 0.09%, on Thursday morning.
08:13 (IST) 28 Dec 2023 US Dollar
The US Dollar Index (DXY), which measures the value of the dollar against a basket of six foreign currencies, traded down by 0.12% at 100.87.
08:00 (IST) 28 Dec 2023 Wall Street
U.S. stocks struggled to find solid ground after approaching a record on speculation the Federal Reserve will cut rates in 2024, reports Bloomberg. The tech-heavy Nasdaq Composite gained just 2.83 points or 0.02% at 15,077.40. The S&P 500 dipped 1.87 points or 0.04% at 4,772.88, while the Dow Jones Industrial Average gained 25.40 points or 0.07% to 37,570.73.
