Friday, 3 December 2021

Daily Market Update: 3rd December 2021

 

Key Highlights of the Day

  • Goldman Sach plans return to Indian real estate with $2-3 billion investment
  • UIDAI getting Aadhar future-ready, looking to collaborate with international organizations
  • India's forex reserves down by $2.713 million to $637.687 billion
  • US largest trading partner of India during April-October: Govt
  • Elon Musk exercises more options; sells Tesla shares worth $1.01 billion

Indices Performance

SENSEX: 57,696.46 (-764.83) 
 
NIFTY: 17,196.70 (-204.95)

Nifty Bank: 36,197.15 (-311.10)

NIFTY IT: 35,848.05 (-309.80)



Top Gainers

UPL: 712.75 (+2.08%)

BPCL: 385.90 (+1.86%)

ONGC: 145.90 (+1.32%)



Top Losers

Power Grid Corp: 206.10 (-3.92%)

Reliance: 2408.25 (-3.00%)

Kotak Mahindra: 1914.20 (-2.55%)

Thursday, 2 December 2021

Daily Market Update: 2nd December 2021

 

Key Highlights of the Day

  • Swiggy will invest $700 million in quick commerce biz amid growing competition
  • Shriram City Union Finance disburses highest ever loan worth Rs1022 Crores in November
  • HUL eliminates coal usage across operations, replaces it with green alternatives
  • SBI joins hands with Adani Capital for co-lending to farmers
  • Serum Institute seeks DCGI's approval for Covishield as booster dose

Indices Performance

SENSEX: 58,461.29 (+776.50) 
 
NIFTY: 17,401.65 (+234.75)

Nifty Bank: 36,508.25 (+143.35)

NIFTY IT: 36,157.85 (+728.90)



Top Gainers

Adani Ports: 739.10 (+4.40%)

HDFC: 2807.80 (+3.85%)

Power Grid Corp: 214.50 (+3.52%)



Top Losers

Cipla: 921.25 (-0.74%)

ICICI Bank: 722.40 (-0.73%)

Axis Bank: 676.10 (-0.52%)

Wednesday, 1 December 2021

Daily Market Update: 1st December 2021

 

Key Highlights of the Day

  • GST collection hits second highest level of Rs1.3 Lakh Crore in November
  • Bulk Deals | Nomura picks 1.85% stake in Go Fashion; Integrated Core Strategies offloads 0.5% shares in Zomato
  • Chip shortage slows down car, SUV sales by 11% in November
  • Tata Motors reports 25% increase in total sales in November
  • Impact of Omicron on emerging economies to depend on restrictions, policy support: Moody's

Indices Performance

SENSEX: 57,684.79 (+619.92) 
 
NIFTY: 17,166.90 (+183.70)

Nifty Bank: 36,364.90 (+669.60)

NIFTY IT: 35,429.00 (+385.25)



Top Gainers

IndusInd Bank: 933.65 (+5.74%)

JSW Steel: 637.20 (+4.73%)

Axis Bank: 679.60 (+3.65%)



Top Losers

Cipla: 928.15 (-4.44%)

Divis Labs: 4752.20 (-2.59%)

UltraTech Cement: 7322.60 (-1.50%)

Tuesday, 30 November 2021

Daily Market Update: 30th November 2021

 

Key Highlights of the Day

  • Q2 GDP: Indian economy grew 8.4% in July-September quarter
  • Total debt expected to rise to 62% of GDP in FY22: MoS Finance
  • Tariff hikes, moratorium on govt dues to help telecom companies invest more aggressively in 5G tech: Report
  • Samsung to supply new advanced auto chip to Volkswagen
  • Fed's Jerome Powell sees inflation lingering, risks from Covid-19


Indices Performance

SENSEX: 57,064.87 (-195.71) 
 
NIFTY: 16,983.20 (-70.75)

Nifty Bank: 35,695.30 (-281.15)

NIFTY IT: 35,043.75 (+173.00)



Top Gainers

Power Grid Corp: 206.75 (+3.25%)

Titan Company: 2375.50 (+2.21%)

SBI Life Insurance: 1160.55 (+2.14%)



Top Losers

Tata Steel: 1071.20 (-3.91%)

Kotak Mahindra: 1961.90 (-2.86%)

Adani Ports: 683.85 (-2.67%)