Indian markets started the first trading session of the calendar year 2020 on a positive note with benchmark indices adding 0.3 per cent each.
The S&P BSE Sensexwas trading at 41,396.45 level, up 0.36 per cent. Reliance Industries (up 0.85 per cent) and Bharti Airtel (0.75 per cent) were the top gainers on the 30-stock index, while NTPC and Bajaj Auto were trading as the top laggards.
On the NSE, the Nifty50 was testing 12,200-mark at 12,212.20, up 0.35 per cent.
Sectorally, all the indices were trading in the green on the NSE. Nifty PSU Bank and Realty indices gained the most in the early trade, up 0.6 per cent each.
The broader markets, too, were trading in line with the headline indices. Both, the S&P BSE mid and small-cap indices were trading 0.36 per cent higher.
CATCH ALL THE LIVE UPDATES
Auto Refresh
09:57 AM
Karvy case: ICICI Bank to challenge Telangana HC stay on DRT proceedings
The high court had stayed the plea of the bank that immoveable and moveable properties of Karvy Stock Broking and other respondents be taken under possession. According to the bank, it is in the process of challenging the HC’s stay on this direction. READ MORE
09:41 AM
Bajaj Electricals adds 1% as Board to consider fund raising
>> The company's board is scheduled to meet on January 6, 2020.
09:31 AM
Momentum picks by ICICI Securities
09:29 AM
YES Bank gains nearly 1%
09:25 AM
CARE Ratings slips 1%
09:23 AM
Sterling & Wilson Solar gains 3% as promoters repay Rs 1,000 cr loans
09:21 AM
FIRST TRADE | All sectoral indices on the NSE trade in the green
09:20 AM
FIRST TRADE | Top gainers and losers on S&P BSE Sensex
09:19 AM
OPENING BELL
At 09:17 am, the S&P BSE Sensex was trading at 41,390, up 136 points or 0.33 per cent while NSE's Nifty ended at 12,206, up 37 points or 0.31 per cent.
09:10 AM
Gold rises for the seventh day to hit all-time high, new orders on hold
Gold prices rose for the seventh day, adding 0.7 per cent in the Mumbai spot market on Tuesday to hit a new all-time high, prompting consumers to stay away from fresh orders. Standard gold has risen by 3 per cent and silver by 6 per cent in Mumbai’s Zaveri Bazaar in the last 10 days. While standard gold price closed at Rs 39,083/10 g, silver ended the day at Rs 46,665/kg. Gold is getting support in both the domestic and the international markets.
09:05 AM
Top gainers and losers on S&P BSE Sensex during Pre-open
09:05 AM
Market at Pre-open
09:03 AM
Market at Pre-open
09:02 AM
Rupee Opening Alert
Rupee opens mildly higher at 71.36/USD vs Tuesday's close of Rs 71.38/$
08:59 AM
Despite muted volume growth in Q2, strong margins a cushion for Pidilite
Despite muted volume growth in the September quarter, the stock of Pidilite Industries has gained 6.4 per cent over the last month, outperforming the broader market indices like the S&P BSE Sensex, which is up 1.1 per cent during the period. A sustained strong margin outlook with supportive raw material inflation is keeping investor sentiments intact. READ MORE
08:56 AM
Stocks to watch: Infra firms, YES Bank, CARE Ratings, Bajaj Electricals
Here's a look at the top stocks that may remain in focus today -
Infra stocks: Finance Minister Nirmala Sitharaman on Tuesday launched a National Infrastructure Pipeline (NIP), unveiling projects worth Rs 102 trillion, to boost economic growth and help the economy reach the $5-trillion target by 2024-25.
Sterling & Wilson Solar: The company's promoters, Shapoorji Pallonji group, have repaid outstanding loans to the tune of Rs 1,000 crore till December 31. READ MORE
08:47 AM
After a tough year, fund managers bet on mid- and small-caps for 2020
Mid and small-cap stocks, which had a difficult last year, can get their mojo back in 2020, say domestic fund managers. They expect the stocks of smaller-sized companies to start staging a strong recovery after the economy starts to respond to the government’s efforts to revive growth. READ MORE
08:43 AM
From HCL Technologies to UltraTech Cement, here're 10 stock picks for 2020
Even as the Sensex and Nifty have gained about 12 per cent each over the past year, the rally has largely been led by large-caps. Mid- and small-caps have barely retained their year-ago values. In fact, the BSE SmallCap index has shed about 7 per cent over the year. READ MORE
08:37 AM
NEWS ALERT | Jet fuel price hiked by Rs 1,637/kL (2.6%) to Rs 64,324/kL in Delhi: CNBC TV18
08:36 AM
Stock picks from HDFC Securities: Buy Gujarat Gas, Phoenix Mills
Hold Longs in Nifty with 12100 Stop-loss; Resistance seen at 12300
The Nifty has been facing stiff resistance at 12,300 for last three consecutive weeks. Any level above 12,300 would result in a fresh breakout. Immediate support for the Nifty is seen at 12,100, where 20-day simple moving average and exponential moving average are placed. READ MORE
08:33 AM
Weekly stock picks by Religare Broking: Buy Ashok Leyland, Bata India
Buy Ashok Leyland Limited
Last Close: Rs 81.50
Initiation range: Rs 81-82
Target: Rs 87
Stop loss: Rs 79
We’re seeing steady rebound in the auto space and ASHOKLEY is no different. It has been rebounding for the past five months and now trading on the verge of fresh breakout from the consolidation range. Traders shouldn’t miss this opportunity and create fresh longs in the mentioned zone. READ MORE
08:29 AM
Bulk deals on BSE as on Tuesday
Click here for complete list
08:27 AM
Bulk deals on NSE as on Tuesday
Click here for complete list
08:25 AM
FII/FPI & DII trading activity on NSE, BSE and MSEI
08:21 AM
Rupee Check
Source: Bloomberg
08:11 AM
TRADE SETUP | Oil posts biggest yearly rise since 2016
Oil prices fell 1% on Tuesday, the last trading day of the decade, but notched the biggest annual gain in three years, supported by a thaw in the prolonged U.S.-China trade war and ongoing supply cuts from major oil producers.
08:11 AM
TRADE SETUP | Wall Street edges higher; S&P closes decade with nearly 190% gain
Wall Street’s major indexes edged higher on Tuesday on a renewed rally fueled by trade optimism, capping off a decade of handsome returns in which the benchmark S&P 500 rose nearly 190 per cent. Both the S&P 500 and the Nasdaq notched their biggest annual percentage gains since 2013, while the Dow closed 2019 with its biggest yearly percentage gain since 2017.
08:09 AM
TRADE SETUP | SGX Nifty trades 87.5 pts lower at 12,239
07:42 AM
Good morning and a very happy new year
Welcome to Business Standard live market blog
The S&P BSE Sensexwas trading at 41,396.45 level, up 0.36 per cent. Reliance Industries (up 0.85 per cent) and Bharti Airtel (0.75 per cent) were the top gainers on the 30-stock index, while NTPC and Bajaj Auto were trading as the top laggards.
On the NSE, the Nifty50 was testing 12,200-mark at 12,212.20, up 0.35 per cent.
Sectorally, all the indices were trading in the green on the NSE. Nifty PSU Bank and Realty indices gained the most in the early trade, up 0.6 per cent each.
The broader markets, too, were trading in line with the headline indices. Both, the S&P BSE mid and small-cap indices were trading 0.36 per cent higher.
CATCH ALL THE LIVE UPDATES
Auto Refresh
09:57 AM
Karvy case: ICICI Bank to challenge Telangana HC stay on DRT proceedings
The high court had stayed the plea of the bank that immoveable and moveable properties of Karvy Stock Broking and other respondents be taken under possession. According to the bank, it is in the process of challenging the HC’s stay on this direction. READ MORE
09:41 AM
Bajaj Electricals adds 1% as Board to consider fund raising
>> The company's board is scheduled to meet on January 6, 2020.
09:31 AM
Momentum picks by ICICI Securities
09:29 AM
YES Bank gains nearly 1%
09:25 AM
CARE Ratings slips 1%
09:23 AM
Sterling & Wilson Solar gains 3% as promoters repay Rs 1,000 cr loans
09:21 AM
FIRST TRADE | All sectoral indices on the NSE trade in the green
09:20 AM
FIRST TRADE | Top gainers and losers on S&P BSE Sensex
09:19 AM
OPENING BELL
At 09:17 am, the S&P BSE Sensex was trading at 41,390, up 136 points or 0.33 per cent while NSE's Nifty ended at 12,206, up 37 points or 0.31 per cent.
09:10 AM
Gold rises for the seventh day to hit all-time high, new orders on hold
Gold prices rose for the seventh day, adding 0.7 per cent in the Mumbai spot market on Tuesday to hit a new all-time high, prompting consumers to stay away from fresh orders. Standard gold has risen by 3 per cent and silver by 6 per cent in Mumbai’s Zaveri Bazaar in the last 10 days. While standard gold price closed at Rs 39,083/10 g, silver ended the day at Rs 46,665/kg. Gold is getting support in both the domestic and the international markets.
09:05 AM
Top gainers and losers on S&P BSE Sensex during Pre-open
09:05 AM
Market at Pre-open
09:03 AM
Market at Pre-open
09:02 AM
Rupee Opening Alert
Rupee opens mildly higher at 71.36/USD vs Tuesday's close of Rs 71.38/$
08:59 AM
Despite muted volume growth in Q2, strong margins a cushion for Pidilite
Despite muted volume growth in the September quarter, the stock of Pidilite Industries has gained 6.4 per cent over the last month, outperforming the broader market indices like the S&P BSE Sensex, which is up 1.1 per cent during the period. A sustained strong margin outlook with supportive raw material inflation is keeping investor sentiments intact. READ MORE
08:56 AM
Stocks to watch: Infra firms, YES Bank, CARE Ratings, Bajaj Electricals
Here's a look at the top stocks that may remain in focus today -
Infra stocks: Finance Minister Nirmala Sitharaman on Tuesday launched a National Infrastructure Pipeline (NIP), unveiling projects worth Rs 102 trillion, to boost economic growth and help the economy reach the $5-trillion target by 2024-25.
Sterling & Wilson Solar: The company's promoters, Shapoorji Pallonji group, have repaid outstanding loans to the tune of Rs 1,000 crore till December 31. READ MORE
08:47 AM
After a tough year, fund managers bet on mid- and small-caps for 2020
Mid and small-cap stocks, which had a difficult last year, can get their mojo back in 2020, say domestic fund managers. They expect the stocks of smaller-sized companies to start staging a strong recovery after the economy starts to respond to the government’s efforts to revive growth. READ MORE
08:43 AM
From HCL Technologies to UltraTech Cement, here're 10 stock picks for 2020
Even as the Sensex and Nifty have gained about 12 per cent each over the past year, the rally has largely been led by large-caps. Mid- and small-caps have barely retained their year-ago values. In fact, the BSE SmallCap index has shed about 7 per cent over the year. READ MORE
08:37 AM
NEWS ALERT | Jet fuel price hiked by Rs 1,637/kL (2.6%) to Rs 64,324/kL in Delhi: CNBC TV18
08:36 AM
Stock picks from HDFC Securities: Buy Gujarat Gas, Phoenix Mills
Hold Longs in Nifty with 12100 Stop-loss; Resistance seen at 12300
The Nifty has been facing stiff resistance at 12,300 for last three consecutive weeks. Any level above 12,300 would result in a fresh breakout. Immediate support for the Nifty is seen at 12,100, where 20-day simple moving average and exponential moving average are placed. READ MORE
08:33 AM
Weekly stock picks by Religare Broking: Buy Ashok Leyland, Bata India
Buy Ashok Leyland Limited
Last Close: Rs 81.50
Initiation range: Rs 81-82
Target: Rs 87
Stop loss: Rs 79
We’re seeing steady rebound in the auto space and ASHOKLEY is no different. It has been rebounding for the past five months and now trading on the verge of fresh breakout from the consolidation range. Traders shouldn’t miss this opportunity and create fresh longs in the mentioned zone. READ MORE
08:29 AM
Bulk deals on BSE as on Tuesday
Click here for complete list
08:27 AM
Bulk deals on NSE as on Tuesday
Click here for complete list
08:25 AM
FII/FPI & DII trading activity on NSE, BSE and MSEI
08:21 AM
Rupee Check
Source: Bloomberg
08:11 AM
TRADE SETUP | Oil posts biggest yearly rise since 2016
Oil prices fell 1% on Tuesday, the last trading day of the decade, but notched the biggest annual gain in three years, supported by a thaw in the prolonged U.S.-China trade war and ongoing supply cuts from major oil producers.
08:11 AM
TRADE SETUP | Wall Street edges higher; S&P closes decade with nearly 190% gain
Wall Street’s major indexes edged higher on Tuesday on a renewed rally fueled by trade optimism, capping off a decade of handsome returns in which the benchmark S&P 500 rose nearly 190 per cent. Both the S&P 500 and the Nasdaq notched their biggest annual percentage gains since 2013, while the Dow closed 2019 with its biggest yearly percentage gain since 2017.
08:09 AM
TRADE SETUP | SGX Nifty trades 87.5 pts lower at 12,239
07:42 AM
Good morning and a very happy new year
Welcome to Business Standard live market blog
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