Sensex, Nifty Post Best Year Since 2017
Catch all live updates on share prices, index moves, corporate announcements and more from Indian stock markets today.
Current Market Update
Follow This Thread To Know More About The Markets This Year
APL Apollo, SAIL Lead Gains On Metals Index
In Focus: Jubilant Foodworks
Key Takeaways For Global Markets
Markets At 2:10 P.M.
- Benchmark indices scale new records; set for seventh day of gains
- Nifty up 0.3% at 14,022
- Sensex up 0.3% at 47,883
- Nifty Bank up 0.3% at 31,393
- Nifty Midcap index up 0.7%
- Nifty Smallcap index up 0.75%
- India Volatility Index down 0.6% to 21
- Nifty Realty index is the top sectoral gainer; up 1.8%
- Nifty Metal is the other major sectoral gainer; up 1.6% while Media index gains 1.5%
- Nifty I.T. is the top sectoral laggard; down 0.5%
- HDFC remains the top Nifty gainer; up 2.2%
- Shree Cement remains the top Nifty laggard; down 2%
- 1,161 stocks on the NSE trade with gains while 661 stocks decline
IUC Regime For Domestic Voice Calls To End
Reliance Jio Says:
- All domestic voice calls to be free from January 1, 2021
- All off-net domestic voice calls to be free from January 1, 2021
- Had assured users that the charge will continue only till TRAI abolishes the IUC charge
In Focus: Gold
Buzzing Stock: SPARC
- Top gainer on the Nifty Smallcap index
- Gains as much as 10.7% to Rs 201
- Biggest single-day gain since June this year
- Trading at the highest level since February this year
- Snaps three-day losing streak
- Today's volumes are 14 times its 20-day average
- Relative Strength Index (RSI) at 64
Second Day Of Gains For Auto Index
The Indian Economy In 2020
In Focus: BHEL
Markets At Noon
- Benchmark indices continue to fluctuate between gains and losses
- Nifty hits 14,000 mark intraday; cools off post that. Currently unchanged at 13,983
- Sensex up 30 points at 47,773
- Nifty Bank down 0.3% at 31,206
- Nifty Midcap index up 0.2%
- Nifty Smallcap index up 0.5%
- India Volatility Index up 0.3% to 21.2
- Nifty Realty index is the top sectoral gainer; up 0.7%
- Nifty Pharma, Nifty Auto and Nifty Media index up 0.4% each
- HDFC is the top Nifty gainer; up 1.5%
- Shree Cement remains the top Nifty laggard; down 1.9%
- 1,089 stocks on the NSE trade with gains while 706 are declining
In Focus: Cairn Energy
Buzzing Stock: Bharat Electronics
- Top gainer on the Midcap index
- Gains as much as 4.2% to Rs 119.2
- Biggest single-day gain in over a month
- Today's volumes are 55% higher than its 20-day average
- One-month implied volatility at 55%
- Relative Strength Index (RSI) at 62
- 22 out of the 26 analysts tracking the stock have a buy recommendation; 1 sell call
- Return potential of the stock as per Bloomberg data is 9.2%
Nifty Pharma Snaps Three-Day Losing Streak
In Focus: DHFL
Nifty At 14,000
In Focus: Larsen & Toubro
Markets At 10:10 A.M.
- Benchmark indices fluctuate in a narrow range
- Nifty unchanged at 13,978; fails to cross intraday high of 13,997
- Sensex unchanged at 47,751
- Nifty Bank unchanged at 31,304
- Nifty Midcap index up 0.3%
- Nifty Smallcap index up 0.4%
- India Volatility Index up 0.2% to 21.2
- Nifty Pharma index is the top sectoral gainer; up 1%
- Nifty Realty is the other major sectoral gainer; up 0.8%
- Nifty Metal, I.T. and FMCG trade with a negative bias
- Dr Reddy's Laboratories is the top Nifty gainer; up 1.3%
- Shree Cement is the top Nifty laggard; down 1.6%
- 1,155 stocks on the NSE trade with gains while 595 are declining
In Focus: Reliance Industries
In Focus: Tejas Networks
Opening Bell
Indian equity markets have opened little changed on the final trading day of the year.
The S&P BSE Sensex has opened seven points higher at 47,753 while the NSE Nifty 50 index has opened 12 points lower at 13,970. The index is set for its best annual performance since 2017.
Most sectoral indices too have opened little changed. The I.T. index is down 0.3% while the Metal index, which outperformed on Wednesday, has opened 0.2% lower. Other sectoral indices have opened flat.
Broader markets too have opened flat but with a positive bias. The midcap index is up 0.1% while the Smallcap index is up 0.2% at the start of trade.
962 stocks on the NSE have opened with gains while 561 are declining. 503 are unchanged.
Final Trading Day Of 2020
Good Morning!
The NSE Nifty 50 is 19 points shy of scaling the 14,000 mark for the first time ever. As of closing on Wednesday, the 50-stock index was up 14.9% this year, making it the best annual return since 2017. This will also be the first instance when the index has gained for three straight quarters since 2017.
During the October-December period, the Nifty has gained over 24%, which will be its best quarterly performance since the April-June period of 2009.
Futures, however, are indicating that the index may open the final trading session of the year with a negative bias. The Singapore-traded SGX Nifty, an early indicator of the Nifty 50 Index’s performance in India, was little changed at 14,033 as of 8:35 a.m.
Benchmark indices in Hong Kong and China are rising this morning while those in Japan and South Korea are shut due to the New Year holiday. The U.S. Dollar has continued to weaken, falling to the lowest in two-and-a-half years.
Futures on the Dow Jones are trading 30 points higher. The index rose 0.2% on Wedensday.
West Texas Intermediate crude fell 0.3% to $48.26 per barrel while bitcoin has surged past the $29,000 mark.
Short on time? Well, then listen to this podcast for a quick summary of All You Need To Know before the opening bell.