Share Market News Live: Sensex, Nifty edge higher in opening deals; Maruti, SBI, Mahindra Finance in focus

Share Market Updates Today: Indian equity benchmarks started on a higher note today, taking cues from Asian stocks. Asian markets were mostly up in early deals as Japan's Nikkei edged 0.04 per cent higher, China's Shanghai Composite climbed 0.82 per cent and Hong Kong's Hang Seng index jumped 2.93 per cent. South Korea's Kospi, however, fell 0.35 per cent. US stocks settled on a flat note last week. Back home, foreign institutional investors bought net of Rs 214.76 crore equities on Friday, while domestic investors purchased Rs 712.34 crore worth of shares, as per provisional NSE data.

Here are the share market Live Updates:

Sectoral indices' performance

10 out of the 15 sector gauges -- compiled by the National Stock Exchange -- were trading in the green. Sub-indexes Nifty Metal and Nifty PSU Bank were outperforming the NSE platform by rising 0.82 per cent and 0.60 per cent, respectively. On the flip side, Nifty IT and Nifty FMCG shed 0.23 per cent and 0.28 per cent, each.

Mid & small cap indexes

Mid- and small-cap shares were positive as Nifty Midcap 100 rose 0.31 per cent and small-cap moved 0.55 per cent higher.

Top gainers and losers on NSE

Hindalco, Tata Steel, JSW Steel, Cipla and Adani Ports were among the top gainers on the NSE platform today with their shares up as much as 2.28 per cent. In contrast, HDFC, HUL, Britannia, Asian Paints and SBI Life were among the top laggards.

Share market opening: Sensex, Nifty edge higher

Sensex rises 46 points or 0.07 per cent to trade at 62,915, Nifty moves 7 points or 0.04 per cent higher to trade at 18,703

Stocks to watch

Maruti Suzuki: The country's Top carmaker said it expected a chip shortage to impact production in December more than in recent months after output for November hit the lowest in six months.

State Bank of India: The lender raised Rs 10,000 crore through its maiden infrastructure bond issuance.

Hindustan Aeronautics: The company received income tax refund worth Rs 427 crore.

Mahindra & Mahindra Financial Services: The company's disbursements jumped 75 per cent to Rs 4,500 crore in November.

Corporate actions today

LTIMindtree would be listed as a merged entity on Monday. Shares of Panchsheel Organics will go ex-dividend today. The boards of Alfa Transformers and Gujarat Toolroom will meet today to consider proposals of preferential issue of shares. Also, the board of Marg Techno Projects will consider a proposal of stock split.  The Sukhjit Starch & Chemicals board, meanwhile, would consider an interim dividend today.

Nifty 'Put' option data

Major 'Put' open interests were seen at 18,700, 18,000 and 18,500 strikes with total open interest of 87,071, 85,034 and 81,169 contracts respectively. Top 'Put' open interest additions were seen at 18,700 and 18,500 strikes which added 36,666 and 36,007 contracts, respectively. 'Put' unwinding was seen at 18,800 strike, which shed 14,906 contracts.

Nifty 'Call' option data

Major 'Call' open interests were seen at 19,000, 18,800 and 18,900 strikes with total open interest of 1,77,119, 1,61,222 and 1,15,213 contracts respectively. Top 'Call' open interest additions were seen at 18,700 and 18,800 strikes which added 84,012 and 79,139 contracts, respectively. 'Call' unwinding was seen at 19,600 strike, which shed 2,307 contracts, NSE data, as on December 2 (3:30 pm), showed.

Oil jumps

Brent crude futures surged $1.78, or 2.08 per cent, to $87.35 per barrel, while US West Texas Intermediate crude futures rose $1.59, or 1.99 per cent, to $81.57.

US stocks

Dow Jones edged 0.10 per cent higher to settle at 34,429.88. S&P 500 slipped 0.12 per cent to end the session at 4,071.70. Nasdaq declined 0.18 per cent to close at 11,461.50.

Stocks in F&O ban

Delta Corp, Indiabulls Housing Finance and PNB are in F&O (Futures and Options) ban period today. Stocks are placed under F&O ban when the derivative contracts in their securities cross 95 per cent of the market-wide position limit.

SGX Nifty

Trends on SGX Nifty indicated a higher opening for the domestic markets. The Nifty Futures on Singapore Exchange also known as the SGX Nifty Futures rose 46 points or 0.24 per cent to trade at 18,870.5.

FII-DII data

Foreign institutional investors (FIIs) bought Rs 214.76 crore worth of shares, while domestic institutional investors (DIIs) purchased Rs 712.34 crore worth of shares on December 2, provisional NSE data showed.

Previous session

The benchmark BSE Sensex had declined 416 points or 0.66 per cent to settle at 62,868 on Friday, while the broader NSE Nifty had moved 116 points or 0.62 per cent lower to close at 18,696.