Share Market Updates Today: Indian equity benchmarks edged higher in Wednesday's trade, extending their gains for the seventh straight session ahead of gross domestic product (GDP) data and the US Federal Reserve Chairman Jerome Powell's speech, both due later in the day, for cues on future interest rate hikes. GDP Data for the July-September quarter (Q2) is scheduled to be released at 5:30 pm. Wall Street equities closed mostly lower overnight, ahead of Powell's speech about the outlook for the US economy and the labour market. Asian markets were mixed as Japan's Nikkei fell 0.61 per cent, while South Korea's Kospi rose 0.51 per cent, China's Shanghai Composite climbed 0.25 per cent and Hong Kong's Hang Seng index moved 0.24 per cent higher. Meanwhile, US crude futures rose 1.2 per cent on expectations of China easing strict Covid-19 controls and a fall in crude stocks, but concerns that OPEC+ would keep production unchanged in its meeting on December 4, capped gains. Back home, foreign institutional investors bought net of Rs 1,242 crore equities on Tuesday, while domestic investors sold Rs 744 crore worth of shares, as per provisional NSE data.
Here are the share market Live Updates:
Shares of Union Bank fell 1.46 per cent to trade at Rs 81. During the day, the stock fluctuated between gains and losses as it touched its 52-week high of Rs 83.70 and a day low Rs 79.80. A total of 19.59 lakh shares changed hands today, amounting to a turnover of Rs 16.05 crore. The company's market capitalisation (m-cap) stood at Rs 55,361.45 crore. (Read more)
Sensex rises 79 points or 0.13 per cent to trade at 62,761, Nifty moves 32 points or 0.17 per cent to trade at 18,651; Hindalco, Bajaj Auto, M&M, Grasim, JSW Steel among top gainers
Shares of Ashoka Buildcon climbed 3.58 per cent to trade at Rs 79.55. The stock touched a day high of Rs 79.80. A total of 1.13 lakh shares changed hands today, amounting to a turnover of Rs 89.30 crore. The company's market capitalisation (m-cap) stood at Rs 2,226.14 crore. (Read more)
Shares of Reliance Industries (RIL) rose 0.63 per cent to trade at Rs 2,728. The stock touched a day high of Rs 2,732. A total of 59,000 shares changed hands today, amounting to a turnover of Rs 16.04 crore. The company's market capitalisation (m-cap) stood at Rs 18,47,643.63 crore. The scrip has surged 6.90 per cent in five straight sessions.
Shares of Alembic Ltd surged 6.27 per cent to trade at Rs 75.40. The stock touched a day high of Rs 75.80. A total of 53,000 shares changed hands today, amounting to a turnover of Rs 39.35 crore. The company's market capitalisation (m-cap) stood at Rs 1,936.13 crore.
Shares of CEAT Ltd fell 3.01 per cent to trade at Rs 1,871. The stock touched a day low of Rs 1,864.85. A total of 3,887 shares changed hands today, amounting to a turnover of Rs 2.42 crore. The company's market capitalisation (m-cap) stood at Rs 68,843.94 crore.
Shares of Coffee Day Enterprises Ltd surged 5.04 per cent to trade at Rs 53.10. The stock touched a day high of Rs 54.35. A total of 5.66 lakh shares changed hands today, amounting to a turnover of Rs 2.97 crore. The company's market capitalisation (m-cap) stood at Rs 1,121.75 crore.
Shares of Laurus Labs Ltd hit their 52-week lows today. The stock touched a day low of Rs 401.45. A total of 1.44 lakh shares changed hands today, amounting to a turnover of Rs 5.96 crore. The company's market capitalisation (m-cap) stood at Rs 22,359.52 crore.
Zomato, IRFC, Excel, Yes Bank, HUDCO, South India Bank, PNB, Suzlon, Tata Steel and RVNL were among the most active stocks on NSE in terms of volume.
BSE 500 stocks such as Britannia, CCL, HUDCO, ICICI Bank, IRFC, JK Lakshmi Cement, Lemon Tree and Union Bank hit their 52-week highs today.
Shares of Lemon Tree Hotels Ltd climbed 4.82 per cent to trade at Rs 97.80. The stock touched a day high -- also its 52-week high -- of Rs 99.25. A total of 4.86 lakh shares changed hands today, amounting to a turnover of Rs 4.69 crore. The company's market capitalisation (m-cap) stood at Rs 7,767.98 crore.
Shares of MSTC Ltd jumped 6.11 per cent to trade at Rs 350.75. The stock touched a day high of Rs 349.50. A total of 68,000 shares changed hands today, amounting to a turnover of Rs 2.32 crore. The company's market capitalisation (m-cap) stood at Rs 2,456.61 crore.
Shares of Kalyan Jewellers India Ltd jumped 7.74 per cent to trade at Rs 106.55. The stock touched a day high of Rs 107.90. A total of 3.81 lakh shares changed hands today, amounting to a turnover of Rs 4 crore. The company's market capitalisation (m-cap) stood at Rs 10,964.91 crore.
Shares of Housing & Urban Development Corporation Ltd (HUDCO) surged 10.56 per cent to trade at Rs 53.90. The stock touched a day high -- also its 52-week high -- of Rs 54.50. A total of 28.80 lakh shares changed hands today, amounting to a turnover of Rs 15.13 crore. The company's market capitalisation (m-cap) stood at Rs 10,790.24 crore.
Sensex rises 114 points or 0.18 per cent to trade at 62,796, Nifty moves 48 points or 0.26 per cent higher to trade at 18,666; Bajaj Auto, Hindalco, M&M, Dr Reddy's, JSW Steel among top gainers
The overall market breadth stood strong as 1,734 shares were seen advancing while 632 were declining on BSE.
12 out of the 15 sector gauges -- compiled by the National Stock Exchange -- were trading in the green. Sub-indexes Nifty Metal and Nifty Auto were outperforming the NSE platform by rising 0.95 per cent and 0.76 per cent, respectively. On the flip side, Nifty IT slipped 0.23 per cent.
Mid- and small-cap shares were positive as Nifty Midcap 100 rose 0.30 per cent and small-cap climbed 0.35 per cent.
Bajaj Auto, Hindalco, Dr Reddy's, M&M and Cipla were among the top gainers on the NSE platform today with their shares up as much as 1.70 per cent. In contrast, PowerGrid, Infosys, Maruti, HCL Tech and Bajaj Finance were among the top laggards.
Sensex rises 60 points or 0.10 per cent to trade at 62,742, Nifty moves 14 points or 0.07 per cent higher to trade at 18,632
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