Share Market News Today | Sensex, Nifty, Share Prices Highlights: Domestic indices ended Thursday’s muted session flat. The NSE Nifty 50 rose 5.70 points or 0.03% to 17,624.45 and BSE Sensex rose 64.55 points or 0.11% to 59,632.35. In sectoral indices, Bank Nifty rose 115.50 points or 0.27% to 42,269.50 and Nifty Pharma fell 140.05 points or 1.11% to 12,485.25. The top gainers on Nifty 50 were NTPC, Adani Ports, Asian Paints, Bajaj Auto and Tata Motors while the top losers were Divis Lab, Hindustan Unilever, Dr Reddy, Eicher Motors and Hindalco.
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Share Market Today | Sensex, Nifty, BSE, NSE, Share Prices, Stock Market Highlights
15:51 (IST) 20 Apr 2023 Top gainers/losers
The top gainers on Nifty 50 were NTPC, Adani Ports, Asian Paints, Bajaj Auto and Tata Motors while the top losers were Divis Lab, Hindustan Unilever, Dr Reddy, Eicher Motors and Hindalco.
15:50 (IST) 20 Apr 2023 Bank Nifty ends above 42250; Nifty Pharma falls 1%
In sectoral indices, Bank Nifty rose 115.50 points or 0.27% to 42,269.50 and Nifty Pharma fell 140.05 points or 1.11% to 12,485.25.
15:50 (IST) 20 Apr 2023 Nifty, Sensex end flat
The NSE Nifty 50 rose 5.70 points or 0.03% to 17,624.45 and BSE Sensex rose 64.55 points or 0.11% to 59,632.35.
15:08 (IST) 20 Apr 2023 Paytm, Zomato, Nykaa’s risk-reward favourable for investors willing to take risk
“New age digital stocks like Paytm, Zomato and Nykaa have corrected hugely from their highs. Paytm and Zomato are still loss-making companies; so traditional valuation parameters don’t apply. But considering their enormous growth potential for many years to come, their risk-reward is now favourable for investors willing to take some risk,” said V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services.
13:32 (IST) 20 Apr 2023 Indigo Paints, Mastek among volume gainers
PDS, Lux Industries, Mastek, Softtech Engineers, Indigo Paints, Emkay Global Financial Services, Khadim India, and Superhouse are among the volume gainers on the NSE index.
13:31 (IST) 20 Apr 2023 India Glycols, Marico among 11 stocks that hit 52-week low
11 stocks including India Glycols, Marico, Genesys International Corporation, HDFC Mutual Fund – HDFC NIFTY IT ETF, BEML Land Assets, and Orient Electric are at 52 week lows.
13:30 (IST) 20 Apr 2023 ITC, Hariom Pipe among 44 stocks that hit 52-week high
On the NSE Nifty, 44 stocks hit their 52-week highs including Themis Medicare, Ethos, De Nora India, Ador Welding, SML Isuzu, H.G. Infra Engineering, Focus Lighting and Fixtures, CARYSIL, Mrs Bectors Food Specialities, Hariom Pipe Industries, Wonderla Holidays, Aptech, NINtec Systems, Atul Auto, AGI Greenpac, ITC, Ice Make Refrigeration, Goyal Aluminiums, Iris Clothings, Ramky Infrastructure, Titagarh Wagons, Choice International, Ramkrishna Forgings, Likhitha Infrastructure, Anmol India, Ashiana Housing, Saksoft, and Som Distilleries & Breweries among others.
13:28 (IST) 20 Apr 2023 Brightcom, Stampede Capital among 34 stocks that hit lower price
34 stocks hit their lower price band including Brightcom Group, Stampede Capital, Mangalam Organics, Servotech Power Systems, BEML Land Assets. Additionally, 20 scrips hit both bands.
13:23 (IST) 20 Apr 2023 Adani Power among 57 stocks that hit upper price band
On the NSE Nifty, 57 stocks hit their upper price band. Adani Power, Liberty Shoes, Kamat Hotels, Focus Lighting and Fixtures, SEPC, Emkay Global Financial Services, Mirza International, MMP Industries, Kanpur Plastipack were among the scrips.
13:22 (IST) 20 Apr 2023 Nifty top gainers/losers
On the NSE Nifty index, the top winners are Adani Ports, Tata Motors, Asian Paints, NTPC and HDFC Life, with Adani Ports up by 1.35%. The biggest laggards are Divi’s Lab, Eicher Motors, JSW Steel, Dr Reddy, Sun Pharma, with Divi’s Lab down 3.63%.
13:21 (IST) 20 Apr 2023 HDFC Bank, Infosys among most active equities
HDFC Bank, ICICI Bank, Axis Bank, Infosys and SBI are the most active Nifty 50 stocks intraday.
13:20 (IST) 20 Apr 2023 Sectoral indices trade mixed
The sectoral indices traded mixed, with Nifty Pharma falling 1.17% and Nifty FMCG losing 0.53%. However, Nifty Private Bank gained 0.37% and Bank Nifty traded up by 0.23%.
13:20 (IST) 20 Apr 2023 Broader markets mostly in green
The broader markets are trading largely in the positive territory, with Nifty Smallcap 100 higher by 0.2% and Nifty Midcap 100 by 0.17%.
13:01 (IST) 20 Apr 2023 RBI approves appointment of Kaizad Bharucha & Bhavesh Zaveri as Dy MD and ED at HDFC Bank
HDFC Bank on Thursday said that the Reserve Bank of India has approved the appointment of Kaizad Bharucha as Deputy Managing Director and Bhavesh Zaveri as Executive Director for a period of three years, with effect from April 19, 2023. HDFC Bank had, on November 24, 2022, made its recommendation to the RBI for redesignation. “In continuation of our intimation dated November 24, 2022, we wish to inform you that pursuant to an application which was made by the Bank to the Reserve Bank of India (RBI) upon recommendation of the Bank’s Board of Directors in this regard,” HDFC Bank said in a regulatory filing, adding that the RBI has approved the appointment.
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13:00 (IST) 20 Apr 2023 HDFC Capital Advisors to increase stake in Reloy to up to 9.6%
HDFC Capital Advisors will increase its stake in proptech startup Loyalie IT Solutions (now renamed as Reloy) to up to 9.6 per cent from 7.2 per cent currently, amid surge in adoption of technologies in Indian real estate market. According to a regulatory filing on Wednesday, HDFC Capital Advisors will acquire 1.67 lakh compulsory convertible preference share (CCPS), which post allotment will be equivalent to additional 1.8 per cent to 2.4 per cent stake in Loyalie (Reloy).The preference shares are proposed to be acquired at Rs 89.81 per equity share, taking the transaction value to Rs 1.49 crore.
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12:56 (IST) 20 Apr 2023 Where is gold headed after this Akshaya Tritiya
The demand for gold this Akshaya Tritiya might be subdued as gold prices have surged drastically across the globe. On the MCX, the yellow metal is trading at Rs 60,230 per ten grams. Gold prices have rallied over 12% this year, and the high prices might lead to investors postponing their purchases.
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12:54 (IST) 20 Apr 2023 Adani Ports shares jump 3% on debt securities buyback plan
Adani Ports and Special Economic Zone shares jumped 3% to Rs 678.40 today after the company’s board said it would consider its first and partial buyback of certain debt securities at a board meeting on April 22. Adani Ports will consider the buyback of the securities, which will either be denominated in Indian rupees or the U.S. dollar, in this financial year, subject to market conditions, it said in an exchange filing. The dollar bonds of Adani Ports, Adani Transmission, Adani Green Energy and Adani Electricity Mumbai were trading marginally higher today.
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12:23 (IST) 20 Apr 2023 Adani Group stocks trade mixed
Adani Ports and Special Economic Zone shares jumped 3% to Rs 678.4. Adani Enterprises shares fell 0.57% to Rs 1842.75, Adani Power shares rose 0.16% to Rs 187.75, Adani Wilmar shares were up 0.15% to Rs 409, Adani Transmission shares were down 0.61% to Rs 1011.3, Adani Green Energy shares fell 0.48% to Rs 931.25, Adani Total Gas shares were down 0.45% at Rs 926.35, Ambuja Cements shares were down 0.08% at Rs 379.5, NDTV shares were down 0.65% at Rs 182.6 and ACC shares were trading flat at Rs 1747.25.
11:44 (IST) 20 Apr 2023 ITC share price hits fresh all-time high today
ITC share price rose 1% to Rs 402.6 and hit a fresh all-time high today after the firm informed stock exchanges that it is set to acquire Sproutlife over the next three to four years. Meanwhile, Rajiv Jain-led GQG Partners Emerging Markets Equity Fund increased its stake in ITC for the third straight quarter in a row, according to reports. With the stock price touching new highs, the company has now become the 11th listed Indian firm to cross Rs 5 trillion market capitalisation. ITC shares have risen 55% in the last one year and 5% in the past one month. At the current price of Rs 398.5 per share, the company’s market capitalization on BSE stands at Rs 4.95 lakh crore.
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09:43 (IST) 20 Apr 2023 Nifty crucial support at 17450-17500; Bank Nifty resistance at 42350-42400
“The Nifty and Bank Nifty indices have seen profit booking at higher levels over the past three trading sessions. Currently, the Nifty’s crucial support levels are at 17450-17500, while its resistance levels are placed at 17720-17750. Meanwhile, the Bank Nifty is experiencing support at 41900-42000 and resistance at 42350-42400. At present, there is no definitive trend in either benchmark, and it is advisable to avoid trading until these aforementioned levels are breached,” said Ameya Ranadive, CMT, CFte, Equity Research Analyst at Choice Broking.
09:41 (IST) 20 Apr 2023 Nifty slippage below 17574 will deflate upside hopes
“Upswings failed to take flight despite several attempts yesterday, as has been the case in the last few days. Consequently, a narrowing range pattern appears to be information with 17574 guarding downsides on all days. This sets up an environment for a strong push higher with the 17976 objective back in play. Alternatively, slippage below 17574 or inability to clear 17700/740 on the rise, will deflate upside hopes, but may not lead to a vertical fall as such, with 17500 initially as well as 17370/270ready to step in. Either way, expect expansion in trading ranges,” said Anand James, Chief Market Strategist at Geojit Financial Services.
09:39 (IST) 20 Apr 2023 Nifty, Sensex current consolidation phase will continue due to absence of triggers
“In the absence of strong positive or negative triggers, the current consolidation phase will continue. There are some sectoral trends within this consolidation phase that are significant from an investor perspective. One, IT is weak and might continue to remain weak. Two, pharma is showing resilience and this sector stands to benefit from the recent spread of Covid, though mild, in many places. Three, new age digital consumer stocks are showing strength. Institutional accumulation is happening in some of these stocks and at current levels, their risk-reward ratio appears favourable,” said V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services.
09:36 (IST) 20 Apr 2023 Adani Ports shares jump over 1%
Adani Ports shares jumped 1.15% to Rs 666 after the board said it would consider partial buyback of debt securities in the financial year, either denominated in INR or USD, in this financial year, subject to market conditions.
09:34 (IST) 20 Apr 2023 ITC shares rise nearly 1%
ITC shares rose 0.83% to Rs 401.70. The diversified conglomerate is set to acquire Sproutlife over the next three to four years.
09:33 (IST) 20 Apr 2023 Equitas Small Finance Bank shares gain
Equitas Small Finance Bank shares rose 0.40% to Rs 70.08 after the RBI granted the lender the Authorized Dealer Category-I (AD-I) License, which allows it to act as a dealer for foreign exchange.
09:32 (IST) 20 Apr 2023 NBCC shares jump over 2%
NBCC shares jumped 2.26% to Rs 38.97 after the Public Works Department, Puducherry awarded NBCC with work orders for providing comprehensive design, engineering and Project Management Consultancy (PMC) services for planning, designing and execution of disabled accessible platform along roads, iconic cycle track, remodelling sewage system, recycled water network transmission and providing tertiary treatment plant works. The total consideration for this project is Rs 207.92 crore.
09:31 (IST) 20 Apr 2023 IndusInd Bank shares rise 0.46%
IndusInd Bank shares rose 0.46% o Rs 1125.10 after the bank said it has entered into a long-term loan agreement of $100 million with Japan Bank for International Cooperation (JBIC) through its Gujarat-based GIFT City branch to fund Japanese construction equipment companies in India.
09:30 (IST) 20 Apr 2023 Tata Communications shares fall nearly 1%
Tata Communications shares fell 0.75% to Rs 1184.80 after its net profit fell 11%. The board of directors recommended a dividend of Rs 21 per share of the face value of Rs 10 each for the financial year ended March 31, 2023.
09:27 (IST) 20 Apr 2023 HCL Tech shares rise half a percent
HCL Tech shares rose 0.48% to Rs 1042.95 ahead of the Q4 results announcement. The firm is expected to report a double-digit growth in revenue for the fourth quarter ended March 31, 2023, with estimates going as high as around 20.4%, aided by ramp up of deals, well distributed across large and medium sized deals.
09:24 (IST) 20 Apr 2023 Bank Nifty trades above 42200; Nifty IT gains 120 pts
Bank Nifty rose 62.55 points or 0.15% to 42,216.55 and Nifty IT rose 123.30 points or 0.46% to 26,810.75.
09:22 (IST) 20 Apr 2023 Nifty, Sensex open in green
The NSE Nifty 50 rose 10.55 points or 0.06% to 17,629.30 and BSE Sensex rose 144.02 points or 0.24% to 59,711.82.
09:10 (IST) 20 Apr 2023 Nifty, Sensex end pre-open in green
Domestic indices ended the pre-opening session in the green. The NSE Nifty 50 rose 19.85 points or 0.11% to 17,638.60 and BSE Sensex rose 18.22 points or 0.03% to 59,586.02.
09:06 (IST) 20 Apr 2023 Bank Nifty undertone remains bullish
“Bank Nifty index continued to trade in a narrow range one day before the weekly expiry. The options data suggest support at 42,000 and resistance at 42,500 where put and call writing respectively is visible. The undertone remains bullish as long as the index holds the support of 42,000 on the downside,” said Kunal Shah, Senior Technical Analyst at LKP Securities.
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09:06 (IST) 20 Apr 2023 Bank Nifty resistance placed at 42500-42700
“Bank Nifty has support at 41500-41700 while resistance is placed at 42500-42700 range,” said Deven Mehata, Equity Research Analyst at Choice Broking.
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09:06 (IST) 20 Apr 2023 Bank Nifty first support at 42030 and then 41892
Bank Nifty longs above 42320 for 42500/higher/ short below 41950. Bank Nifty first support at 42030 and then 41892 while resistance at 42341 and 42514, according to Rahul Sharma, JM Financial.
Share Market Outlook Today
09:06 (IST) 20 Apr 2023 Nifty outlook remains optimistic
“The outlook remains optimistic, and a buy-on-dips strategy will be employed until the Nifty’s important support level of 17550 is not breached on the downside. The volume profile indicates Index has strong support around the 17450-17550 zone. Coming to the OI Data, on the call side, the highest OI was observed at 17700 followed by 17800 strike prices while on the put side, the highest OI is at 17500 strike price,” said Deven Mehata, Equity Research Analyst at Choice Broking.
Share Market Outlook Today
09:05 (IST) 20 Apr 2023 Nifty range of consolidation likely to be 17500–17800
“Both Bulls and Bears are trying to defend their respective boundaries. The ideal strategy to trade this sideways consolidation is to take a contrarian view at the extremes of the range. So, traders should look for signs of strength around 17500 and go long. During this consolidation phase, we can expect sector rotation and stock-specific price action. The range of consolidation for Nifty is likely to be 17500 – 17800 for the next few trading sessions,” said Jatin Gedia, Technical Research Analyst, Sharekhan by BNP Paribas.
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09:05 (IST) 20 Apr 2023 Nifty immediate resistance seen at 17750–17800
“Nifty has now approached a key support zone formed by Trendline breakout levels and 200SMA coinciding around 17550 – 17500 levels. For the weekly expiry, we sense prices to defend these key levels and aggressive traders can opt to buy very close around it for a strong bounce back. If in case the support is broken, then the correction may deepen, which we don’t see in the current situation. On the flip side, immediate resistance is now seen at 17750 – 17800 levels, where one can look to book profits,” said Rajesh Bhosale, Technical Analyst at Angel One Ltd.
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09:05 (IST) 20 Apr 2023 Nifty fall below 17587 may trigger panic button
“A decisive fall below the 200DMA (17587) may trigger the panic button. In that case, Nifty might fall down towards the 17400 level, where the next level of support lies. The momentum indicator is indicating weakness with its bearish crossover on the daily timeframe. Therefore, the near-term trend looks negative, while the short-term set up remains buy-on dips until the Nifty falls below 17400 decisively,” said Rupak De, Senior Technical Analyst at LKP Securities.
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09:04 (IST) 20 Apr 2023 Nifty first support at 17574 and then 17500
An attempt for downward extension was seen yesterday as the previous day’s low was broken. IT. Further weakness below 17574 for the target of 17500. Buy dips near 17500. Nifty first support at 17574 and then 17500 while resistance at 17710 and 17750, according to Rahul Sharma, JM Financial.
Share Market Outlook Today
09:03 (IST) 20 Apr 2023 Nifty may consolidate in range of 17500 – 17900
“Nifty undertone remains bullish as even though the index remained in a slender range; individual stocks continued to give mesmerizing moves. As we advance, we may continue to see the Index consolidating in a range of 17500 – 17900 and meanwhile, traders are advised to keep a tab around 17570 – 17500 levels to go long. On the flip side, the immediate hurdles are clearly visible in the range of 17800 – 17900,” said Sameet Chavan, Chief Analyst-Technical and Derivatives, Angel One Ltd.
09:00 (IST) 20 Apr 2023 No stocks under F&O ban today
NSE has put no stocks under the F&O ban on Thursday, April 20. According to the NSE, stocks are prohibited in the F&O sector when they have exceeded 95% of the market-wide position limit (MWPL). During the F&O ban period, no new positions are permitted for F&O contracts in that stock.
08:58 (IST) 20 Apr 2023 FII/DII data
Foreign institutional investors (FII) offloaded shares worth a net Rs 13.17 crore, while domestic institutional investors (DII) sold equities worth a net Rs 110.42 crore on 19 April, according to the provisional data available on the NSE.
08:58 (IST) 20 Apr 2023 Crude prices fall
Oil prices fell on Thursday as muted U.S. economic data and expectations of interest rate hikes pushed up the U.S. dollar, prompting fear of a stronger dollar hurting global oil demand by making it more expensive. Brent futures for June delivery were down by 37 cents, or 0.4%, at $82.76 a barrel. West Texas Intermediate crude (WTI) for May delivery lost 28 cents, or 0.35%, to trade at $78.88.
08:57 (IST) 20 Apr 2023 Nifty, Sensex may see a firm opening
“Markets may see a firm opening on the back of an upmove in SGX Nifty, although other Asian gauges are exhibiting a mixed trend. Intra-day, local benchmarks may witness sideways movement as concerns over more rate hikes in key European economies and the US could dampen sentiment and trigger further rounds of corrections. The sentiments are also dented after FIIs were net sellers in last two-trading sessions to the tune of Rs 1,357 crore. The technical landscape suggests Nifty could extend correction and trade volatile with the biggest support seen at its 200 DMA at 17588 mark. For the index, the key hurdle is at the 17863 mark,” said Prashanth Tapse, Senior VP (Research), Mehta Equities Ltd.
08:07 (IST) 20 Apr 2023 US indices end flat
The US market ended the overnight session mostly flat– Dow Jones Industrial Average (DJIA) fell 0.23%, S&P 500 dipped 0.01% and the tech-heavy Nasdaq rose 0.03%.
08:06 (IST) 20 Apr 2023 Asian markets trade mixed
Asian markets were trading in mixed with China’s Shanghai Composite Index dipping 0.42%, South Korea’s KOSPI dropping 0.37%, Hong Kong’s Hang Seng rising 0.29% and Japan’s Nikkei 225 climbing 0.18%.
08:06 (IST) 20 Apr 2023 SGX Nifty trades higher
The Nifty futures on the Singapore Exchange (SGX) were trading 39 points or 0.22% higher at 17,693 in the early morning trade.