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Business News/ Markets / Live Blog/  Sensex Today | Market Close Highlights : Sensex ends up 535pts, Nifty at 22,220; HCLTech, ITC, M&M, TCS top gainers
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Sensex Today | Market Close Highlights : Sensex ends up 535pts, Nifty at 22,220; HCLTech, ITC, M&M, TCS top gainers

Sensex Today | Market Close Highlights : Foreign institutional investors (FIIs) net bought shares worth 284.66 crore, while domestic institutional investors (DIIs) sold 411.57 crore worth of stocks on February 21, provisional data from the NSE showed.

Sensex Today | Market Close Highlights : Companies reporting December quarter results on February 22 include Jana Small Finance Bank, Lords Chloro Alkali, and DIC India. (Photo: AP)Premium
Sensex Today | Market Close Highlights : Companies reporting December quarter results on February 22 include Jana Small Finance Bank, Lords Chloro Alkali, and DIC India. (Photo: AP)

Sensex Today | Market Close Highlights : Europe's STOXX 600 index advanced on Thursday to scale an all-time high, boosted by technology stocks after an unexpectedly upbeat revenue forecast from U.S. chipmaker Nvidia.

The STOXX 600 was up 0.8% at 495.81 points, as of 0819 GMT.

France's benchmark index added 1.1% to hit a record high while the German DAX advanced 1.5%.

Chinese stocks rose for a fourth consecutive session post-holidays on Thursday, led by coal and artificial intelligence shares, while energy shares led gains in Hong Kong.

China's blue-chip CSI 300 Index closed up 0.9%, while the Shanghai Composite Index gained 1.3%.

Hong Kong benchmark Hang Seng Index was up 1.5%.

Morgan Stanley equity strategists said in a note that the state-owned enterprises reform theme recently gained investors' attention as top-down policy focus seems to have returned.

Gold prices edged higher on Thursday, buoyed by a weaker dollar and escalating tensions in the Middle East.

Spot gold was up 0.3% at $2,031.7 per ounce, as of 0818 GMT, after hitting its highest since Feb. 9 on Wednesday. U.S. gold futures edged 0.3% higher to $2,041.2 per ounce.

The dollar index extended losses to a fourth session, making the greenback-priced bullion more appealing to overseas buyers.

22 Feb 2024, 03:41:39 PM IST

Sensex Today Live : Closing Bell

Sensex Today Live : Indian benchmark indices recovered sharply from their intraday lows and climbed to the day's high at close of the trading session on Thursday.

Sensex, which was nearer to the intraday low of 72,081.36 for most of the day, climbed 535.15 points, or 0.74%, to end the day at 73,158.24, up 535.15 points, or 0.74% ahead of the day's open.

Similarly, Nifty, which was range-bounbd between 21,875.25 and 22,252.50 for most of the day, ended the day at 22,217.45, up 162.40 points, or 0.74% ahead of the day's open.

The broader markets also outperformed in the trading session on Thursday, with the Midcap index closing up 1.07%, and the Smallcap index up 0.7%.

Across sectors, almost all sectoral indices closed in the green on Thursday, barring Nifty Bank, Financial Services and Private Bank, which closed down 0.21%, 0.10% and 0.07%, respectively.

Meanwhile, IT (1.98%), Metal (1.17%) and Media (1.01%) were the top gainers.

22 Feb 2024, 03:26:30 PM IST

Sensex Today Live : Sector Indices Heat Map

Sensex Today Live : All sectoral indices were in the green late on Thursday, barring Nifty Bank, which was marginally down by 0.09%. 

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22 Feb 2024, 03:24:25 PM IST

Sensex Today Live : Broader market indices heat map

Sensex Today Live : Broader markets recovered late in the trading session on Thursday with the Midcap index up over 1.1%, and the Smallcap index up 0.7%.

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22 Feb 2024, 03:15:26 PM IST

Sensex Today Live : Gainers and Losers on Nifty

Sensex Today Live : IndusInd Bank, HDFC Bank, BPCL, Kotak Mahindra Bank and Hero MotoCorp were the top losers dragging Nifty down.

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22 Feb 2024, 03:12:10 PM IST

Sensex Today Live : Gainers and Losers on Sensex

IT stocks were leading the gains on Sensex, while banking stocks were under pressure on Thursday.

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22 Feb 2024, 03:02:05 PM IST

Sensex Today Live : 3 pm market update

Sensex Today Live : Indian benchmark indices recovered sharly from their intraday lows and climbed to the day's high in the closing hours of the trading session on Thursday.

At 3 pm, Sensex was up 422.40 points, or 0.58%, at 73,045.49 and Nifty was up 134.05 points, or 0.61%, at 22,189.10.

22 Feb 2024, 02:50:48 PM IST

Sensex Today Live : FPIs taper off selling in Indian equities in February

Sensex Today Live : Foreign portfolio investors (FPIs) have continued to offload Indian equities in February, although the pace has moderated, official data shows.

In the fortnight ended 15 February, foreign investors pulled out a total of 4,919 crore from Indian stock markets, a marked decrease from the 29,177 crore divested in the 15 days through 31 January, according to data from the National Securities Depository Ltd (NSDL).

Financials services saw the most selling, with FPIs dumping stocks worth 7,536 crore, primarily driven by a decline in HDFC Bank shares after the lender reported a year-on-year net interest income growth of 24% to 28,470 crore, falling short of market expectations. Here as well, the selling moderated from the previous fortnight when 31,261 crore worth of shares were liquidated.

The construction sector followed, with disposals amounting to 4,251 crore, along with telecom and fast-moving consumer goods sectors, witnessing sales of 3,766 crore, and 3,011 crore, respectively.

Despite these outflows, the Nifty Index managed to climb 0.98% to 21,910.75 in the same period.

22 Feb 2024, 02:36:57 PM IST

Sensex Today Live : ONGC, Oil India share prices rise 77-146%: Should you Buy, Sell or Hold the stocks?

Sensex Today Live : Oil India share prices gained more that 4% during intraday trades on Thursday. ONGC (Oil and Natural Gas Corporation) and Oil India Ltd share prices have risen 77-146% in a year. As the share prices scaled 52-week highs recently the same was in the back of expected rise in production as indicated by the management in their conference calls.

For ONGC while the management expects 15% growth in oil and gas production over the next three years, for Oil India the guided production, implies a jump of 19% and 56% for gas and oil respectively over FY24 to FY26 as per Antique Stock Broking calculations. (Read the full story here.)

22 Feb 2024, 02:15:09 PM IST

Sensex Today Live : You don’t need complex math to pick stocks. This simple BPCL valuation shows why

I believe all of us would agree that our parents and grandparents excelled at making pretty accurate back-of-the-envelope calculations.

Take my mom, for instance. She managed the household budget for years using just a few simple calculations. There weren’t hundreds of rows for each line item and everything on the expense side was rounded off to the nearest multiple of 10 or 100. All she needed was a few minutes every month and voila, the budget was done and dusted. It worked remarkably well, to be honest.

If you look at all the great investors such as Ben Graham, Warren Buffett, and Peter Lynch, I don't think any of them applied complex mathematical formulae to evaluate their investments. If the stock appeared expensive based on simple ratios like PE or price to book, they simply walked away. They never tried to get more precise with their calculations. (Read the full story here.)

22 Feb 2024, 02:03:24 PM IST

Sensex Today Live : 2 pm market update

Sensex Today Live : Indian benchmark indices pared their losses and were climbind up in late trades on Thursday.

At 1 pm, Sensex was up 134.67 points, or 0.19%, at 72,757.76 and Nifty was up 34.75 points, or 0.16%, at 22,089.80.

22 Feb 2024, 01:51:37 PM IST

Sensex Today Live : Kunal Vora, Head of India Equity Research at BNP Paribas India has shares his views on India's QSR industry, says Road to recovery may be long

Sensex Today Live : Amid recovery hopes, 3QFY24 was significantly weaker than consensus

Aggregators have provided reach to smaller restaurants and more options to consumers

Swift recovery and strong long-term sales growth more than priced in for JUBI

Zomato and Swiggy have expanded the reach of smaller restaurants

Consumers now have more options, hurting QSR sales

Pizza, the most delivery-friendly category, is the most impacted

Sales growth mostly led by store additions

Channel-wise performance: Dine-in channel mix declines y-y

Demand remains subdued; positive on long-term outlook

Pricing – companies do not plan to raise prices; RM prices remain stable

New launches – companies launch dine-in-focused value offerings

Capex – No cuts in guidance despite muted demand

Steep earnings estimate cuts by consensus

Bloomberg consensus expects QSR companies to report 14-23% revenue CAGR and 21-44% EBITDA CAGR over FY24-26 across companies, which still looks too optimistic to us. QSR stocks are trading at c72-103x P/E, based on FY25 Bloomberg consensus estimates. In consumer retail, we prefer the jewellery sector over the QSR sector given the sector tailwinds and continued c20% annual top-line growth across players. We have an Underperform rating on JUBI and continue to prefer TTAN to JUBI.

22 Feb 2024, 01:32:18 PM IST

Sensex Today Live : Buy or sell - Osho Krishan of Angel One recommends buying Godrej Consumer Products and HDFC Bank stocks today

Sensex Today Live : Godrej Consumer Products Ltd has been in a secular uptrend, hovering above all its EMAs on the daily time frame. Recently, the stock clocked a new high and then underwent consolidation (the time-wise correction phase). At present, the stock is on the verge of a breakout and seems poised to re-test the ATH zone. Also, the stock has the strong support of 21 DEMA, followed by a rising trendline of recent swing lows, adding to the better risk-reward for the comparable period.

“Hence, we recommend to BUY Godrej Consumer Products at 1,230-1,232, keeping a stop loss of 1,190 for a positional target of 1,300," said Krishan.

HDFC Bank Ltd has witnessed a steep correction from the 1,680 odd zone to shed nearly 18 percent within a quick span of time. The technical parameters have turned extremely oversold, and with the recent developments from the lows of 1,360–1,380, the stock seems to take a breather and could be seen as an opportunity to accumulate in a staggered manner from a short- to medium-term perspective.

"Hence, we recommend to BUY HDFC Bank at 1,430-1,420, keeping a stop loss of 1,380 for a positional target of 1,500-1,515," said Osho.

22 Feb 2024, 01:18:24 PM IST

Sensex Today Live : Elara Securities India recommends to 'SELL' Bharat Dynamics

Rating: SELL

Target Price : INR 1500

Downside : 12%

CMP : INR 1700 (as on 21 February 2024)

Supply chain woes to delay execution

Supply from Israel hit till Q4, disbalance from Russia-Ukraine steadies

Steady run rate expected in FY25E-26E, margin eyed at 20%

Amid supply chain concerns from Israel, BDL pared revenue guidance to INR 29-30bn from INR 32bn in FY24 versus our estimates of INR 31.8bn, implying a 21% growth versus FY22.

BDL expects revenue to grow 33% to INR 40bn in FY25E and 25% to INR 50bn in FY26E.

EBITDA margin guidance was pared to 20-21% from 20-23% versus our estimates at 21.7%.

Orderbook at INR 201bn, inflow pipeline INR 200bn in three years

Valuation: Revise to Sell with TP pared to INR 1,500

We trim FY24E/25E/26E EPS 5%/2/%/7% due to lower topline amid execution challenges in MRSAM and management’s revised guidance.

We pare TP to INR 1,500 from INR 1,600 on 25x December FY25E P/E (unchanged).

We revise BDL to Sell from Reduce as the stock has outperformed Nifty 40% in the past three months.

Expect an earnings CAGR of 81% in FY23-26E and ROE/ROCE of 23%/11% in FY24E-26E.

Key risks are lower spending in defence capital budget, less allocation to procurement, increased competition from private sector, and sharp rise in commodity price.

22 Feb 2024, 01:02:37 PM IST

Sensex Today Live : 1 pm market update

Sensex Today Live : Indian benchmark indices pared some losses to get off the day's low, but they were still trading in the red in the afternoon on Thursday.

At 1 pm, Sensex was down 312.83 points, or 0.43%, at 72,310.26 and Nifty was down 103.95 points, or 0.47%, at 21,951.10.

22 Feb 2024, 12:52:04 PM IST

Sensex Today Live : Hero Future Energies to rope in JP Morgan for pre-IPO fundraise of $200 mn

Sensex Today Live : Rahul Munjal-led Hero Future Energies Pvt. Ltd is looking to hire JP Morgan for a pre-initial public offering (IPO) fundraising. The deal is expected to have an equity value of around $200 million, said two people aware of the development.

This comes in the backdrop of the green energy firm's earlier fundraising of $450 million from parent Hero Group and global investment firm KKR. International Finance Corporation (IFC) is also an investor in Hero Future.

22 Feb 2024, 12:37:08 PM IST

Sensex Today Live : L&T Construction wins significant order for Buildings & Factories business

Sensex Today Live : The Buildings & Factories vertical of Larsen & Toubro recently secured an order from a reputed real-estate developer to construct Multi storeyed residential towers at Thane in the Mumbai, metropolitan Region.

The scope of the order includes construction of the core and shell works for five towers having 62 floors and allied parking area comprising basements+ground+5 podiums.

“With the economy showing encouraging positive movement, we see good opportunities in the residential buildings sector," said Mr M V Satish, Whole-time Director & Senior Executive Vice President (Buildings), L&T.

L&T classifies a significant order as one worth between 1,000 to 2,500 crore.

22 Feb 2024, 12:23:16 PM IST

Sensex Today Live : Sector Indices Heat Map

Sensex Today Live : Nifty Bank and Financial Services were among the top losing indices on the NSE.

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22 Feb 2024, 12:18:08 PM IST

Sensex Today Live : Broader market indices heat map

Today Live : While benchmark indices were in the red for most of the day, the Smallcap and Midcap indices were up around 0.4%.

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22 Feb 2024, 12:12:07 PM IST

Sensex Today Live : Gainers and Losers on Nifty

Sensex Today Live : Grasim Industries, IndusInd Bank, BPCL, Airtel and Tital were top drags pm the Nifty 50.

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22 Feb 2024, 12:08:54 PM IST

Sensex Today Live : Gainers and Losers on Sensex

Sensex Today Live : IT stocks were leading the gains on Sensex, while Banking and Financial Services stocks were dragging it down.

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22 Feb 2024, 12:02:01 PM IST

Sensex Today Live : 12 pm market update

Sensex Today Live : Indian benchmark indices were deep in the trade at noon in Thursday's trading session.

At 12 pm, Sensex was down 289.93 points, or 0.40%, at 72,333.16 and Nifty was down 96.25 points, or 0.44%, at 21,958.80.

22 Feb 2024, 11:48:30 AM IST

Sensex Today Live : Airtel introduces in-flight roaming packs with tariffs starting as low as Rs. 195; Integrates in-flight roaming for prepaid and postpaid customers with plans starting at Rs. 2997 and Rs. 3999, respectively.

Sensex Today Live : Bharti Airtel today introduced in-flight roaming plans for customers that will allow them to stay connected while onboard a flight.

Customers can now enjoy high-speed internet browsing, talk to their loved ones and enjoy a host of other activities while thousands of feet above-ground.

Customers subscribed to roaming packs priced at 2,997 for prepaid and 3,999 for postpaid and above will automatically enjoy the in-flight roaming benefit at no additional cost.

To power the on-board travel experience, Airtel has introduced in-flight offerings including voice, data and SMS services.

For a seamless travel experience, Airtel has tied-up with Aeromobile to enable the best in-flight connectivity across 19 airlines flying across different international sectors.

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22 Feb 2024, 11:34:22 AM IST

Sensex Today Live : Stock to buy - Anand Rathi picks Shilpa Medicare as stock of the month, forecasts 20% upside

Sensex Today Live : Shilpa Medicare share price rose over a percent, extending gains for the eight consecutive session on Thursday. The stock opened at 445.15 as against previous close of 442.15 apiece on the BSE and gained as much as 1.71% to an intraday high of 450.00.

Brokerage firm Anand Rathi has named Shilpa Medicare as its pick of the month and expects an upside of over 19% in the stock. (Read the full story here.)

22 Feb 2024, 11:20:17 AM IST

Sensex Today Live : Is the market’s PSU narrative overstretched?

Sensex Today Live : Stocks of public sector undertakings (PSU) have had a sterling rally this year. The 56-stock BSE PSU Index’s doubling outshines the Sensex’ modest 24% return this fiscal amid a valuation re-rating backed by earnings. But this rally isn’t a mere bubble. (Mint explains. Read it here.)

22 Feb 2024, 11:02:57 AM IST

Sensex Today Live : 11 am market update

Sensex Today Live : Indian benchmark indices extended their losses in trading on Thursday.

At 11 am, Sensex was down 482.14 points, or 0.66%, at 72,140.95 and Nifty was down 154.85 points, or 0.7%, at 21,900.20.

22 Feb 2024, 10:56:52 AM IST

Sensex Today Live : ‘ETFs in debt have a huge potential for investments’, says fintech entrepreneur Sanjiv Shah, who brought India's first Nifty 50, gold and CPSE ETF

Sensex Today Live : Fintech entrepreneur Sanjiv Shah brought ETF, or exchange traded fund, investment to India in 2001. He launched the country’s first Nifty 50, gold and CPSE ETFs. Shah left the mutual fund (MF) industry in 2017, but his entrepreneurial fire is lighting others. In an interview with Mint, Shah talked about his recent work, trends in the ETF space and anecdotes from his MF industry days. (Read edited excerpts here.)

22 Feb 2024, 10:48:47 AM IST

Sensex Today Live : India to become 3rd largest economy by 2027, market cap to hit $10 trn by 2030: Jefferies

Sensex Today Live : With a consistent history of 10-12 percent USD CAGR over the last 10 and 20 years, India is now the 5th largest equity market and its market capitalisation will likely touch $10 trillion by 2030, believes global brokerage house Jefferies.

In a recent note, the brokerage said that continued reforms should maintain India’s ‘Fastest growing large economy’ status, adding that strong trends in domestic flows have reduced market volatility and decadal low foreign ownership offers a valuation cushion.

Furthermore, the RoE (Return on Equity)-focused corporate sector with 167 companies with over $5 billion market cap leaves ample choices to investors, noted Jefferies.

22 Feb 2024, 10:27:49 AM IST

Sensex Today Live : PM Kisan Samman Nidhi Yojana: 16th instalment set for release by month-end

Sensex Today Live : The central government is set to disburse 16th installment of the PM Kisan Samman Nidhi Yojana to beneficiaries by the end of February, as per the official announcement on the PM Kisan website.

The website confirms that date for the release of the scheme's 16th installment is set for February 28.

Beneficiaries under PM Kisan receive an annual cash benefit of 6,000, distributed in three installments of 2,000 each. The 15th installment was disbursed on November 15 by Prime Minister Narendra Modi. Under that instalment, an amount of 18,000 crore reached over 8 crore beneficiary farmers.

22 Feb 2024, 10:14:57 AM IST

Sensex Today Live : Young bank activists are fighting a quiet battle

Sensex Today Live : At the peak of India’s covid-19 lockdown in June 2020, a cop was caught on video assaulting a female banker inside a branch in Surat, Gujarat. A video of the incident soon went viral. On social media site X, formerly Twitter, the video was amplified by a number of accounts, including that of a person who goes by the name Newton Bank Kumar. The name is a reference to the Bollywood film Newton, about an idealistic civil servant who is sent on election duty in the insurgency-hit jungles of central India.

Posts and reposts of the video worked. Finance minister Nirmala Sitharaman took cognizance of the incident. News agency PTI reported that the constable was eventually suspended from duty and arrested.

The way employees of state-owned banks agitate against the management is changing. Organized labour unions with clear political affiliations have been the face of activism for long. They stage physical protests, marches with flags and at times resort to strikes. The new cohort of technology-savvy employees prefer the anonymity that platforms such as X provide. And instead of strikes, satire and even humour are among the weapons in their arsenal. (Read the full story here.)

22 Feb 2024, 10:02:53 AM IST

Sensex Today Live : 10 am market update

Sensex Today Live : Indian benchmark indices extended their losses in the first hour of trading on Thursday.

At 10 am, Sensex was down 356.54 points, or 0.49%, at 72,266.55 and Nifty was down 131.10 points, or 0.59%, at 21,923.95.

22 Feb 2024, 09:52:45 AM IST

Sensex Today Live : Sensex Today Live : SpiceJet raises ₹316 crore, bringing the total funds raised to ₹1,060

Sensex Today Live : On account of market buzz about the rise in the input cost of sugar companies in the future, most of the sugar stocks in India witnessed high selling pressure during morning deals. Sugar major Balramput Chini share price today opened downside at 375 apiece on NSE and went on to touch an intraday low of 372 within a few minutes of the opening bell, logging nearly 2.50 percent dip on Thursday session.

Shree Renuka Sugars share price opened at 50 apiece and went on to touch an intraday low of 47.85 per share level, recording around a 3 percent dip against its Wednesday close of 49.60 per share.

22 Feb 2024, 09:39:19 AM IST

Sensex Today Live : Nikkei hits record high

Sensex Today Live : Japan's blue-chip Nikkei 225 on Thursday finally broke through a record high set just before the country's asset bubble catastrophically burst in the early 1990s.

At 12:31 pm (0331 GMT), the Nikkei was at 39,007.79, beating the record of 38.957,44 set on December 29, 1989.

22 Feb 2024, 09:28:39 AM IST

Sensex Today Live : SpiceJet raises ₹316 crore, bringing the total funds raised to ₹1,060

Sensex Today Live : SpiceJet raised another 316 crore, bringing the total investments raised to 1,060 crore under its preferential issue.

The Preferential Allotment Committee of SpiceJet’s Board of Directors convened on February 21, 2024, and approved the allotment of 4.01 Crore equity shares on a preferential basis to two investors, including Aries Opportunities Fund Limited.

Additionally, the Committee sanctioned the allotment of 2.31 Crore warrants, offering the option to apply for and be allotted an equivalent number of equity shares, to four investors, including Elara India Opportunities Fund Limited.

22 Feb 2024, 09:25:02 AM IST

Sensex Today Live : Gainers and Losers on Sensex

Sensex Today Live : Axis Bank, HCL Tech, Maruti, Wipro and L&T, were the top gainers on Sensex.

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22 Feb 2024, 09:20:34 AM IST

Sensex Today Live : Opening Bell

Sensex Today Live : Indian benchmark indices were marginally up at opening bell on Thursday, following strong cues from global stock markets.

Sensex was up 54.42 points, or 0.07%, at 72,677.51 and Nifty was up 10.95 points, or 0.05%, at 21,081.55 during pre-open.

22 Feb 2024, 09:10:48 AM IST

Sensex Today Live: Sensex, Nifty diverge at pre-open; Sensex up 280pts, Nifty at 21,950

Although opening at diverging points, Indian benchmark indices were in the green at pre-open on Thursday, following strong cues from global stock markets.

Sensex was up 54.42 points, or 0.07%, at 72,677.51 and Nifty was up 26.50 points, or 0.12%, at 21,081.55 during pre-open.

22 Feb 2024, 08:59:11 AM IST

Sensex Today Live : Reliance Securities gives technical outlook on Bank Nifty for today

Sensex Today Live : Bank Nifty ends flat to negative near the higher end of the range and managed to hold 47,000 levels with respect to the expiry OI in 47,000 strikes.

On the higher side 47,600 will act as resistance and on the downside support is placed at 46,800 followed by 46,300 levels being the hourly averages crossover.

RSI is trending above the average line and we expect the momentum to continue to test the higher band over the next few days.

Bank Nifty highest call OI is at 47,500 levels while on the downside put OI will has moved higher to 47,000 levels for the monthly expiry.

22 Feb 2024, 08:56:29 AM IST

Sensex Today Live : Reliance Securities gives technical outlook on Nifty-50

Sensex Today Live : Nifty-50 has scaled a new all time high and witnessed some pullback of 200 points from the day’s high to close near the low point of the day.

We expect some consolidation at current levels in range of 21,800-22,300 over the next few days and then a decisive move in the next week.

RSI has witnessed some contraction after the last few hours sell off and could see some retest of the average line.

Highest call OI is at with 22,200 strike while on the downside the highest put OI has moved higher to 22,000 for the weekly expiry.

22 Feb 2024, 08:45:31 AM IST

Sensex Today Live : Thaai Casting IPO allotment finalised; here's how to check allotment status of your shares

Sensex Today Live : Thaai Casting's initial public offering (IPO) witnessed robust investor participation throughout the three-day bidding period from February 15 to February 20. The IPO garnered an exceptional response across all investor categories, witnessing a subscription rate of 375 times.

The allotment for Thaai Casting IPO has been finalised. Investors can check their allotment status on the registrar, Purva Sharegistry India website. The book-running lead manager is GYR Capital Advisors Private Limited. Market makers Giriraj Stock Broking and Commodity Mandi are in charge of the Thaai Casting IPO.

Given the oversubscription in the retail category, the allocation of shares to Retail Individual Investors (RII) will be done on a proportionate basis. For those investors who don't receive an allotment, Thaai Casting will initiate the refund process of the application money on February 21, 2024.

22 Feb 2024, 08:43:19 AM IST

Sensex Today Live : GPT Healthcare IPO opens today: GMP, issue details, 10 key things to know before investing in ₹525-crore issue

Sensex Today Live : GPT Healthcare IPO opens for subscription tomorrow (Thursday, February 22). GPT Healthcare operates a chain of mid-sized full service hospitals under the ‘ILS Hospitals’ brand and provide integrated healthcare services, with a focus on secondary and tertiary care. (Check the details here.)

22 Feb 2024, 08:41:27 AM IST

Sensex Today Live : Buy or sell - Vaishali Parekh recommends three stocks to buy today — February 22

Sensex Today Live : Vaishali Parekh, Vice President — Technical Research at Prabhudas Lilladher believes that the Nifty 50 index is facing resistance at 22,300 level. The Prabhudas Lilladdher expert maintained that some of the frontline stocks are under sell-off stress and hence investors should remain vigilant about the crucial support of the 50-stock index. Vaishali Parekh said that Nifty today has crucial support placed at the 22,000 level and a decisive breach below this support may further push the downside trend on Dalal Street. (Read the full story here.)

22 Feb 2024, 08:40:01 AM IST

Sensex Today Live : 15 stocks under F&O ban list today

Sensex Today Live : Ashok Leyland, Balrampur Chini Mills, Bandhan Bank, Biocon, Canara Bank, GMR Infra, GNFC, Hindustan Copper, India Cements, Indus Towers, National Aluminium Company, Piramal Enterprises, PVR INOX, RBL Bank, and ZEEL are the 15 stocks part of the F&O ban list by the stock market exchange for February 22.

The derivative contracts in the mentioned securities have crossed 95% of the market-wide position limit and have been currently put in the ban period by the stock exchange, said NSE.

22 Feb 2024, 08:37:01 AM IST

Sensex Today Live : Dividend stocks - NHPC, Tide Water Oil, Gujarat Themis Biosyn among 6 stocks to trade ex-dividend today

Sensex Today Live : Shares of NHPC Ltd, Tide Water Oil (India) Ltd, Gujarat Themis Biosyn Ltd, AVT Natural Products Ltd, AK Capital Services Ltd, Sunshield Chemicals Ltd, SG Mart Ltd, and MAS Financial Services Ltd will be in focus when the stock market opens on February 22 (Thursday). (Check details here.)

22 Feb 2024, 08:34:12 AM IST

Sensex Today Live : Day trading guide for stock market today - Eight stocks to buy or sell on Thursday — 22nd February

Sensex Today Live : On account of weak global cues after Tuesday's sell-off on Wall Street, the Indian stock market ended lower on Wednesday. The Nifty 50 index lost 141 points and closed at the 22,055 level, the BSE Sensex shed 434 points and ended at the 72,623 mark whereas the Bank Nifty index finished 74 points lower at the 47,019 level. In the broad market, the small-cap and the mid-cap indices fell more than the Nifty 50 index even as the advance-decline ratio fell sharply to 0.52:1. (Read the full story here.)

22 Feb 2024, 08:23:39 AM IST

Sensex Today Live : Stocks to Watch Today

Sensex Today Live : Wipro, Eureka Forbes, Vedanta, Bank of Baroda, and Zee, are some of the stocks likely to be in focus in today's trading session.

22 Feb 2024, 08:14:28 AM IST

Sensex Today Live : What to expect from Indian stock market in trade on February 22

Sensex Today Live : The Indian stock market indices, Sensex and Nifty 50, are expected to open higher on Thursday amid mixed global cues.

The trends on Gift Nifty also indicate a gap-up start for the Indian benchmark index. The Gift Nifty was trading around 22,135 level as compared to the Nifty futures’ previous close of 22,034.

On Wednesday, Nifty slipped into sharp weakness from the new all-time high and closed the day lower amid profit booking. (Read the full story here.)

22 Feb 2024, 08:09:55 AM IST

Sensex Today Live : 10 key things that changed for market overnight - Gift Nifty, US Fed minutes to Nvidia results

Sensex Today Live : The domestic equity market is expected to open with gains on Thursday amid mixed global cues.

Asian markets traded mixed, while US stock market indices ended mostly higher overnight after the release of the minutes of the last US Federal Reserve policy meeting.

The US Fed meeting minutes showed most policymakers were concerned about risks of cutting interest rates too soon, with broad uncertainty about how long borrowing costs should remain at their current level, Reuters reported. (Read the full story here.)

22 Feb 2024, 08:00:56 AM IST

Sensex Today Live : Asia markets up; Gift Nifty indicates muted but positive start

Sensex Today Live : With Gift Nifty at 22,127 at 7:45, which was marginally ahead of Wednesday's Nifty close of 22,055.05, Indian benchmark indices were headed for a muted but positive start at opening bell.

Japan's Nikkei share average on Thursday surged past an all-time closing high scaled in December 1989, as chip-related stocks jumped after U.S. chipmaker Nvidia's outlook beat market expectations.

The Nikkei rose to a high of 38,924.88, crossing the record close of 38,915,87 set on the final trading day of 1989. The index was up 1.54% to 38,856.90 by 0122 GMT.

The S&P 500 climbed 0.13% to end the session at 4,981.80 points. The Nasdaq declined 0.32% to 15,580.87 points, while the Dow Jones Industrial Average rose 0.13% to 38,612.24 points.

Oil held a gain as signs of a tightening crude market countered concerns about weak demand, keeping prices in a narrow range.

West Texas Intermediate edged above $78 a barrel after closing 1.1% higher on Wednesday. Brent settled near $83.

Spot gold was up 0.1% at $2,026.9 per ounce, as of 0100 GMT. U.S. gold futures edged 0.1% up at $2,035.8 per ounce.

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