Sensex Today Rallies 600 Points | EaseMyTrip Jumps 4% | Titan & Coal India Top Gainers

Fri, 19 Jan 10:30 am

   Previous Close   

   Pre-Open   

   Closing   

Asian stocks opened higher on Friday with markets across the region hoping to draw support from the strong rise on world markets the day before and end a torrid week on a high.

The Nikkei index was trading 1.5% higher, while Hang Seng was trading 0.5% higher. Meanwhile Shanghai index shed 0.3%.

US stocks rallied on Thursday as robust labour market data offered the latest evidence of US economic strength despite the fact that it could prompt the Federal Reserve hold off on lowering its key policy rate.

Here's a table showing how US stocks performed on Thursday:

Stock/Index	LTP	Change ($)	Change (%)	Day High	Day Low	52-Week High	52-Week Low
Alphabet	144.99	2.1	1.47%	145.59	143.35	146.66	88.86
Apple	188.63	5.95	3.26%	189.14	185.83	199.62	133.77
Meta	376.13	7.76	2.11%	376.85	370.95	377.06	132.14
Tesla	211.88	-3.67	-1.70%	217.45	208.74	299.29	124.31
Netflix	485.31	4.98	1.04%	485.77	478.02	503.41	285.33
Amazon	153.5	1.79	1.18%	153.78	151.82	157.17	88.12
Microsoft	393.87	4.4	1.13%	393.99	390.12	394.03	230.68
Dow Jones	37468.61	201.94	0.54%	37522.29	37122.95	37825.27	31429.82
Nasdaq	16982.29	246.01	1.47%	16996.98	16818.13	16996.98	11251.94

Data Source: Equitymaster

At present, the BSE Sensex is up 600 points and NSE Nifty is trading 175 points higher.

Titan, Coal India and ONGC are among the top gainers today.

IndusInd Bank and Apollo Hospital of India on the other hand are among the top losers today.

Broader markets are trading on mixed. The BSE Mid Cap is trading 0.9% lower and the BSE Small Cap index is trading 1% higher.

Sectoral indices are trading on positive note, with socks in metal sector, capital goods sector and energy sector witnessing most buying.

The rupee is trading at Rs 83.15 against the US dollar.

In commodity markets, gold prices are trading 0.2% higher at Rs 61,908 per 10 grams today.

Meanwhile, silver prices are trading marginally higher at Rs 71,651 per 1 kg.

Now track the biggest movers of the stock market using stocks to watch today section. This should help you keep updated with the latest developments...

Speaking of stock markets, the last few days however have been quite hard on Polycab India. It has seen its share price erode by a huge 30% from its top and there could be more losses in the offing.

The decline is a result of the company coming in the cross hairs of the tax authorities.

Is this reason enough for the share price to fall 30%? Or are investors overreacting as usual?

Rahul Shah co-head of research at Equitymaster, answers these questions in below video.

Wipro's Renewable Energy Push

Wipro has signed a definitive agreement to subscribe for a 14% equity share in Huoban Energy 11 for Rs 31.7 m. The deal will help Wipro enhance the proportion of usage of renewable energy for offices in Maharashtra. The transaction is expected to be completed before March 2024.

Apart from this, its December quarter earnings beat street estimates, sending its American Depository Receipts (ADRs) up over 18% to hit a near-20-month high of US$6.35 on 12 January 2024.

The key highlight of the Q3 report card was Wipro logging over 20% year-on-year growth in large deal wins.

Despite Q3 being a weak one for IT companies, Wipro managed to continue with its deal booking. In the December 2023 quarter, Wipro's total deal wins stood at US$3.8 billion.

In the past one year, shares of the company have moved up by 25%.

Wipro logged over 20% YoY growth in large deal wins despite Q3 being a weak quarter for IT companies. For more details, check out Why Wipro Share Price is Rising.

Tata Steel to Shut Blast Furnaces

Tata Steel has rejected a trade union proposal to keep the blast furnaces operational at Port Talbot Steelworks in Wales, the UK, potentially jeopardising nearly 3,000 jobs.

The company's plan, which is expected to be formally announced on Friday, involves shutting down Port Talbot's blast furnaces while constructing electric arc furnaces designed to produce steel from recycled scrap as part of the transition to greener steel production.

The news was reportedly delivered during a meeting with union representatives at a Taj hotel in London.

This comes after the UK government announced a joint investment package with Tata Steel in September, amounting to £1.25bn, which included a £500m government grant aimed at securing the future of operations at Port Talbot, the largest steelworks in the country.

2023 was a year of significant growth and success for the Tata Group, one of India's largest and most diversified conglomerates.

For more, check out How has the Tata Group Performed in 2023?

As you're interested in Tata group stocks, check out the new section in our Stock Screener, where you can view the fundamentals of companies within a business group in one screen, including the Top Tata group stocks.

NHPC OFS

The government's 3.5% share sale offer in NHPC on Thursday received an enthusiastic response from institutional investors, who put in bids worth over Rs 60 bn.

In the two-day offer for sale, the government is selling over 350 m equity shares in power producer NHPC, including a greenshoe option to sell 100 m more at a floor price of Rs 66 a share. At the floor price of Rs 66/share.

The OFS would open for retail investors on Friday.

The offer for Sale in NHPC received an enthusiastic response from non-retail investors today. The issue was subscribed 4.03 times of the base size (non-retail category). Govt has decided to exercise the green shoe option.

Institutional investors put in bids for 911.6 m shares at an indicative price of Rs 68.5 a piece. The bids are worth Rs 60 m cumulatively.

To know what's moving the Indian stock markets today, check out the most recent share market updates here.

For information on how to pick stocks that have the potential to deliver big returns, download our special report now!

Read the latest Market Commentary

Top Gainers TodayTop Gainers over 1-WeekTop Gainers over 1-MonthTop Gainers over 1-YearTop Gainers over 3-YrsTop Gainers over 5-YrsTop Losers TodayTop Losers over 1-WeekTop Losers over 1-MonthTop Losers over 1-YearTop Losers over 3-YrsTop Losers over 5-YrsOnly BuyersOnly SellersMost Active StocksMost Popular Stocks52 Week High Stocks52 Week Low Stocks

INDICESBSE (Rs 0 to 1)BSE (Rs 1 to 2)BSE (Rs 2 to 4)BSE (Rs 4 to 10)BSE (Rs 10 to 20)BSE (Above Rs 20)BSE - AllBSE-30BSE-100BSE-200BSE-500BSE AutoBSE BankexBSE Capital GoodsBSE Consumer DurablesBSE FMCGBSE HealthcareBSE ITBSE MetalBSE Oil & GasBSE PSUBSE TeckBSE RealtyBSE PowerBSE A GroupBSE B GroupBSE Mid-CapBSE Small-CapBSE Basic MaterialsBSE Consumer DiscretionaryBSE IndustrialsBSE UtilitiesBSE Sensex 50BSE Sensex Next 50BSE Bharat 22BSE 150 MidCapBSE 250 SmallCapBSE 250 LargeMidCapBSE 400 MidSmallCapBSE AllCapBSE LargeCapBSE SmallCap SelectBSE 100 LargeCap TMCBSE InfraBSE ManufacturingBSE CPSEBSE Private BankBSE Diversified FinancialsBSE MomentumBSE Low VolatilityBSE QualityBSE Enhanced ValueBSE Divident StabilityS&P BSE IPOBSE SMEIPOBSE 100 ESGBSE CarbonexBSE GreenexNSE (Rs 0 to 10)NSE (Rs 10 to 20)NSE (Above Rs 20)NSE - AllNSE-50NSE ITNSE Nifty Midcap 50NSE JR. NiftyNSE Bank NiftyNIFTY Next 50NIFTY 100NIFTY 200NIFTY 500NIFTY MidCap 100NIFTY SmallCap 250NIFTY SmallCap 50NIFTY SmallCap 100NIFTY LargeMidCap 250NIFTY MidSmallCap 400NIFTY AutoNIFTY Consumer DurablesNIFTY FinanceNIFTY FMCGNIFTY MediaNIFTY MetalNIFTY PharmaNIFTY Private BankNIFTY PSU BankNIFTY RealtyNIFTY Oil & GasNIFTY SME EmergeNIFTY CommoditiesNIFTY CPSENIFTY EnergyNIFTY India ConsumptionNIFTY InfraNIFTY MNCNIFTY PSENIFTY Serv SectorNIFTY100 Liquid 15NIFTY Midcap Liquid 15NIFTY Midcap 150 Quality 50NIFTY50 Equal WeightNIFTY100 Equal WeightNIFTY100 Low Volatility 30NIFTY100 Alpha 30NIFTY Alpha 50NIFTY Dividend Opportunities 50NIFTY High Beta 50NIFTY Low Volatility 50NIFTY200 Quality 30NIFTY 500 Value 50NIFTY 100 Quality 30SECTORSAgricultureAirlinesAluminiumAsset Management CompaniesAutomobilesAuto AncillariesBanks (Private)Banks (PSU)BankingCementChemicalsDefenceDiagnosticsDronesEngineeringElectric VehicleElectric Vehicle BatteryEnergy SourcesESGEthanolFertilizersFintechFMCGFoodGreen HydrogenHotelsInfrastructureInsuranceInvestment and FinanceInvITIT (Large)IT (Others)LogisticsMediaMetalMiningIndia's Big Tech StocksIndian PharmaMNC PharmaPSUPaintPaperPlasticPowerRating AgenciesReal EstateREITsRenewable EnergyRetailingSemiconductorShippingSteelSugarSupply ChainTelecomTextilesTravel Support Services

10 results 25 results 50 results 100 results All results

Indian Share Market Update: Top Gainers and Losers