Share Market News Today | Sensex, Nifty, Share Prices Highlights: The benchmark equity indices ended Wednesday’s trading session in the positive territory. The NSE Nifty 50 gained 213.40 points or 1% to settle at 21,654.75, while the BSE Sensex soared 701.63 points or 0.98% to 72,038.43. The broader indices ended in green, with gain led by Largecap and Smallcap stocks. Bank Nifty index ended higher by 557.35 points or 1.17% to settle at 48,282.20. PSU banks and Auto stocks outperformed where Oil & Gas stock shed. Ultra Tech Cement, Hindalco Industries, Bajaj Auto, JSW Steel, and Tata Motors were the top gainers on the NSE Nifty 50, while the laggards includes ONGC, NTPC, Adani Enterprises, Britannia Industries, and UPL. The Indian Volatility Index (India VIX) closed up by 5.99 %.
12:26 (IST) 27 Dec 2023 RBZ Jewellers
RBZ Jewellers, a prominent player in the gold jewelry manufacturing sector, experienced a tepid debut on the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) on Wednesday. The stock opened at ₹100 per share, aligning with its issue price, signaling a lukewarm market reception
Also Read : RBZ Jewellers makes a lacklustre debut on D-street, lists same as IPO Price
12:15 (IST) 27 Dec 2023 Top gainers on NSE
Hindalco Industries, Ultra Tech Cement, Tata Motors, SBI Life Insurance, and Bajaj Auto are the top gainers on NSE Nifty 50.
11:43 (IST) 27 Dec 2023 Happy Forgings makes strong debut on D-street
Happy Forgings witnessed a robust response from investors following its ₹1,009-crore initial public offering (IPO). The stock, which debuted on both the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE), demonstrated strong market interest.
Also Read: Happy Forgings makes strong debut on D-street, lists over 18% premium
10:22 (IST) 27 Dec 2023 USD-INR Outlook
“Declines extended yesterday, but with no worries of a directional downside as long as 83.09/83.02 held. We will begin today with expectation of mild upswings as long as above 83.18, with expectations of 83.24 and 83.30 in play,” said Anand James, Chief Market Strategist at Geojit Financial Services.
10:11 (IST) 27 Dec 2023 Technical View
Commenting on the Technical outlook of Rupak De, Senior Technical Analyst at LKP Securities, said, Nifty mostly traded sideways after an initially positive start. The sentiment remains optimistic as the index stays above critical moving averages. At 21,500, there could be significant immediate resistance. A decisive breakout beyond this level could potentially propel the index into a substantial rally. Until then, the index is expected to remain within the range of 21,300 and 21,500.
09:42 (IST) 27 Dec 2023 Bank Nifty Outlook
“The Bank Nifty sentiment has again turned positive as the index moves back above 47,500. A small green bodied candle within the previous red candle indicates a potential bullish trend ahead. Support is established at 47,500 while resistance is observed at 48,000/48,250 on the higher side,” said Rupak De, Senior Technical Analyst at LKP Securities.
09:25 (IST) 27 Dec 2023 Stocks in F&O Ban
The NSE has added Balrampur Chini Mills, Delta Corp, Hindustan Copper, National Aluminum, RBL Bank to its F&O ban list for December 27, 2023.
09:16 (IST) 27 Dec 2023 Markets at open
Nifty opens higher by 0.26% at 21,497.65, whereas the BSE Sensex opens higher by 0.22% at 71,492.03.
09:00 (IST) 27 Dec 2023 Asian Markets
Shares in the Asia-Pacific region are trading in the mixed territory on Wednesday morning. The Asia Dow is trading up by 0.52%, Japan’s Nikkei 225 is green, up by 20.65%, Hong Kong’s Hang Seng index is trading down 1.69% and the benchmark Chinese index Shanghai Composite is trading lower by 0.68%.
08:51 (IST) 27 Dec 2023 US Dollar
The US Dollar Index (DXY), which measures the value of the dollar against a basket of six foreign currencies, traded up by 0.08% at 101.55.
08:43 (IST) 27 Dec 2023 Crude Oil
WTI crude prices are trading at $75.24 down 0.44%, while Brent crude prices are trading at $80.66 down by 0.50%, on Wednesday morning.
08:25 (IST) 27 Dec 2023 Wall Street
Wall Street kicked off the final week of 2023 on a quieter note after a ferocious rally that put the U.S. stock market within striking distance of its record, reports Bloomberg. The tech-heavy Nasdaq Composite gained 77.93 points or 0.52% at 15,070.90. The S&P 500 jumped 20.65 points or 0.43% at 4,775.28, while the Dow Jones Industrial Average soared 159.36 points or 0.43% to 37,545.33.
