News Details

( As on 30/11/2023 14:45)

Indices edge lower; Nifty around 20,100; realty gain

Indian benchmarks continued its choppy trade during the noon trading session amid mixed global cues. In the broader markets, the BSE MidCap and SmallCap indices, however, stood in green. The MidCap and SmallCap indices were up nearly 0.5 per cent each.



Overseas, Asian stock markets are trading on a mixed note amidst weaker-than-expected Chinese business activity data and Fed comments that rekindled hopes of a faster Fed pivot.



On the corporate front, shares of Peninsula Land Ltd jumped 5 percent after its board approved Rs 66 crore preferential issue and Rs 34 crore debenture issue of share to Delta Corp. Hero Motocorp, up 3.2%, is the top gainer in the Nifty index. Eicher Motors is gaining 2.7% and SBI Life is rising 2.5%.



At 14:30 hours, the 30-share benchmark index was trading at 66874.28 down by -27.63 points or by -0.04 % and then NSE Nifty was at 20073.15 down by -23.45 points or by -0.12 %.



The BSE Sensex touched intraday high of 67020.11 and intraday low of 66610.35 The NSE Nifty touched intraday high of 20136.15 and intraday low of 20015.85.



The top gainers of the BSE Sensex pack were UltraTech Cement Ltd. (Rs. 8993.00,+3.05%), Mahindra & Mahindra Ltd. (Rs. 1656.00,+2.29%), Sun Pharmaceutical Industries Ltd. (Rs. 1218.65,+1.48%), JSW Steel Ltd. (Rs. 804.75,+1.48%), Titan Company Ltd. (Rs. 3477.65,+1.47%), among others.



The top losers of the BSE Sensex pack were IndusInd Bank Ltd. (Rs. 1465.70,-1.23%), Asian Paints Ltd. (Rs. 3120.95,-0.92%), Tata Motors Ltd. (Rs. 706.25,-0.83%), Reliance Industries Ltd. (Rs. 2381.00,-0.81%), Mahindra & Mahindra Ltd. (Rs. 1214.00,-0.61%), among others.



Among the sectors, Realty index was at 5664.49 up by 92.27 points or by 1.66%. Prestige Estates Projects Ltd. (Rs. 1010.55,+6.14%), Macrotech Developers Ltd. (Rs. 894.00,+5.24%), Brigade Enterprises Ltd. (Rs. 814.50,+4.58%), Sobha Ltd. (Rs. 906.60,+2.45%), Phoenix Mills Ltd. (Rs. 2366.85,+2.04%),.



On the flip side, Power index was at 4906.17 down by -6.3 points or by -0.13%. Adani Green Energy Ltd. (Rs. 1015.85,-2.39%), Tata Power Company Ltd. (Rs. 267.40,-2.16%), Adani Power Ltd. (Rs. 425.55,-1.85%), JSW Energy Ltd. (Rs. 408.35,-1.53%), Adani Energy Solutions Ltd. (Rs. 864.80,-1.31%),.



The Market breadth, indicating the overall strength of the market, was weak. On BSE out of total shares traded 4074 , shares advanced were 1986 while 1912 shares declined and 176 were unchanged.