Sensex Today Trades Higher | Olectra Greentech Zooms 8%, LIC 5% | TCS & Titan Top Gainers

Fri, 9 Feb 10:30 am

   Previous Close   

   Pre-Open   

   Closing   

Asian stocks were trading mixed on Friday amid a light conomic calendar.

The Nikkei index was down 0.5% lower, while Hang Seng was trading 1.3% lower.

The benchmark S&P 500 index managed to eke out a small gain on Thursday after briefly hitting the 5,000-point milestone, as investors reacted to earnings reports, a roughly in-line jobs report and remarks from policymakers on interest rate cuts.

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	147.22	0.54	0.37%	147.61	146.42	155.2	88.86
Apple	188.32	-1.09	-0.58%	189.54	187.35	199.62	143.9
Meta	470	0.41	0.09%	470.59	465.03	485.96	167.66
Tesla	189.56	1.98	1.06%	191.62	185.58	299.29	152.37
Netflix	558.53	-0.77	-0.14%	563.7	555.74	579.64	285.33
Amazon	169.84	-0.69	-0.40%	171.43	168.88	172.5	88.12
Microsoft	414.11	0.06	0.01%	415.56	412.53	415.56	245.61
Dow Jones	38726.33	48.97	0.13%	38755.68	38544.36	38783.62	31429.82
Nasdaq	17783.17	28.09	0.16%	17814.12	17728.56	17814.12	11695.41

Source: Equitymaster

At present, the BSE Sensex is trading 57 points higher and NSE Nifty is trading 5 points lower.

Apollo Hospital, TCS and Titan are among the top gainers today.

BPCL, ONGC and UPL on the other hand are among the top losers today.

Broader markets are trading on lower. The BSE Mid Cap is trading 1% lower and the BSE Small Cap index is trading 1.3% lower.

Barring consumer durables sector, other sectoral indices are trading lower, with socks in metal sector, oil & gas sector and telecom sector witnessing selling pressure.

The rupee is trading at Rs 83.01 against the US dollar.

In commodity markets, gold prices are trading flat at Rs 62,430 per 10 grams today.

Meanwhile, silver prices are trading 0.1% higher at Rs 70,950 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, smallcaps were not the only outperformers of 2023.

Stocks from the defence, railways and electric vehicle sectors also found their place under the sun.

Stocks of the largest public sector entities in defence and railway sectors fetched handsome gains every time the government ordered more spending.

But there were also plenty of private sector entities in defence ecosystem that commanded premium valuations.

The EV sector became a stock market favourite in 2023.

Am sure you wonder, what after these big-ticket gains?

Will the stars of 2023 continue to shine in 2024? Or should you consider a different set of potential wealth creators?

Research Analyst, Tanushree Banerjee answers this in below video.

IRCTC Signs Delhi Metro MoU

The Indian Railway Catering and Tourism Corporation (IRCTC) on Monday signed a memorandum of understanding (MoU) with the Delhi Metro Rail Corporation (DMRC) for providing QR code-based DMRC tickets through the IRCTC platform.

The press release stated that the initiative would benefit passengers of both the IRCTC and the DMRC by streamlining the travel experience and reducing the time spent in station queues.

The standalone net profit of IRCTC for the first quarter of the current financial year (Q1FY24) saw a fall of 5.4% to Rs 2.3 bn, compared to Rs 2.5 bn for the corresponding quarter of the previous year.

The total income for Q1FY24 came in at Rs 10.4 bn, compared to Rs 8.8 bn year-on-year (YoY), rising 18.7%.

Last week, the DMRC announced an initiative called 'CarbonLite Metro Travel' to educate passengers about their significant contribution towards reducing carbon emissions by choosing metro trains instead of road-based motor vehicles.

The passengers will be able to know on the go about the average amount of carbon dioxide (CO2) emissions they are reducing by their metro journeys.

In line with India's aim of achieving net zero emissions by 2070, the initiative intends to highlight the pivotal role each citizen plays in addressing the pressing issue of climate change through their transportation choices.

IRCTC shares are on a speedy track as railway stocks gain momentum. For more check out Why IRCTC Share Price is Rising.

Warren Buffett's favourite type of businesses are the ones that have huge economic moats which are near-monopolies in the industries they operate in, and IRCTC is one such stock. For top monopoly stocks, check out the Top 5 Monopoly Stocks to Watch Out in 2024.

Paytm to acquire ONDC Startup

At a time when the future of Paytm's payments business is being questioned due to a regulatory crisis, sources say that the fintech major is putting the finishing touches to a deal to acquire Bitsila, an interoperable e-commerce startup.

Bengaluru-based Bitsila is currently the third largest seller-side platform by transactions on the Open Network for Digital Commerce (ONDC).

The deal is in advanced stages and will likely close in the coming week, according to two people in the know.

Bitsila, founded by Dasharatham Bitla and Sooryah Pokkali in 2020, has previously raised a pre-seed round from Antler India and Redbus founder Phanindra Sama.

The company's role in ONDC as a seller-side app is B2B, as it helps onboard small merchants to the network.

Paytm is already a buyer app on the ONDC and was among the first large companies to integrate with the open network in 2022. With the Bitsila acquisition, it will be able to deepen its reach within ONDC by getting on the seller side of the network as well.

The developments have come at a time when Paytm is under the Reserve Bank of India's scrutiny for several reasons, ranging from foreign exchange violations to know-your-customer (KYC) lapses.

The regulator has reportedly found major irregularities in KYC, which exposed the customers, depositors, and wallet holders to serious risks. In its probe, the RBI found that in thousands of cases, the same PAN was linked to more than 100 customers and in some cases, to more than 1,000 customers.

The total value of transactions, running into crores of rupees, is much beyond regulatory limits in minimum KYC pre-paid instruments, raising money-laundering concerns.

Has the recent correction made the stock attractive from a long-term perspective, or is there more pain to come? For the answer, check out Paytm: A Value Buy or a Value Trap?

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