SGX Nifty Indicates Gap-Up Open | Stocks Under F&O Ban | Top Buzzing Stocks Today

Tue, 18 Oct Pre-Open

   Previous Close   

   10:30 am   

   Closing   

On Monday, Indian share markets recovered as the session progressed and ended near day's high.

The benchmarks BSE Sensex and NSE Nifty gained for the second consecutive session despite mixed global cues.

However, globally the concerns persisted among investors about the impact of steep interest rates hikes on economic growth.

At the closing bell on Monday, the BSE Sensex stood higher by 491 points (up 0.9%).

Meanwhile, the NSE Nifty closed up by 126 points (up 0.7%).

SBI, NTPC, and ICICI Bank were among the top gainers.

Hindalco, HCL Tech, and JSW Steel on the other hand, were among the top losers.

Broader markets ended on a positive note. The BSE Midcap index ended up by 0.4% and the BSE SmallCap index gained 0.1%.

Sectoral indices ended on a mixed note with stocks in the power sector, finance sector, and banking sector witnessing most of the buying.

On the other hand, stocks from the realty sector, metal sector, and telecom sector witnessed selling pressure.

Among the best bank stocks in India, ICICI Bank and Kotak Bank had gained more than 1%. Banking stocks rallied yesterday after HDFC Bank set the stage last week by reporting good quarterly results.

Shares of Federal Bank, Sun Pharma, and IDFC, hit their 52-week high.

Gold prices for the latest contract on MCX were trading up by 0.6% at Rs 50,260 per 10 grams at the time of Indian market closing hours yesterday.

At 8:50 AM today, the SGX Nifty was trading up by 153 points or 0.9% higher at 17,450 levels.

Indian share markets are headed for a gap-up opening today following the trend on SGX Nifty.

Top Buzzing Stocks Today

Electronics Mart India will be among the top buzzing stocks today.

Yesterday, Electronics Mart India (EMI) made a strong market debut, with its shares listing at a 53% premium at Rs 90 as against its issue price of Rs 59 per share.

Investors will be interested to know how the counter performs after its debut on the bourses.

Excel Realty share price will also be in focus today.

Yesterday, Excel Realty N Infra announced its plans to foray into the domestic solar sector through greenfield and brownfield routes. At present, the Mumbai-based company is engaged in development of commercial spaces.

Confidence Futuristic approves stock split

One of the multibagger stocks that has provided its shareholders with outstanding returns is Confidence Futuristic.

The company's board of directors declared a stock split of every 1 equity share of face value of Rs 10/- each into 2 equity shares of Rs 5/- each

The board of directors of the company fixed Thursday, 3 November 2022 as the record date in the board meeting held on 16 October 2022.

Confidence Futuristic Energetech is an India-based company that is engaged in the parallel liquefied petroleum gas (LPG) market. The Company sells its LPG gas cylinders to both domestic and commercial users under the brand Go Gas Elite.

Stocks under F&O ban on NSE

A total of three stocks have been put under the ban for trade on Monday, 17 October 2022 under the futures and options (F&O) segment by the National Stock Exchange (NSE).

The securities have been put on ban under the F&O segment as they have crossed 95% of the market-wide position limit (MWPL), as per the NSE.

Delta Corp and Indiabulls Housing Finance stocks continue to be a part of the NSE's F&O ban list whereas India Cements has been added to the list. The NSE updates the list of securities in F&O ban for trade every day.

No fresh positions are allowed for any of the F&O contracts in that particular stock when it is under the F&O ban period. The MWPL is set by the stock exchanges which is the maximum number of contracts that can be open at any time (Open Interest), therefore, the F&O contracts of that stock enter a ban period if the open interest crosses 95% of the MWPL.

Import gold price reduced

On Friday last week, the Indian government cut import price of some commodities including gold as prices corrected in the world market.

The government revises base import prices of edible oils, gold and silver every fortnight, and the prices are used to calculate the amount of tax an importer needs to pay.

India is the world's biggest importer of edible oils and silver and the second-biggest consumer of gold. Gold rates in India included 15% import duty and 3% GST.

Physical gold-buying is expected to go up in India ahead of the Dhanteras and Diwali festival. The government cut the base import price on gold to US$ 531 per 10 grams, from US $ 533.

In international markets, gold rates rebounded today from two-month lows as the dollar rally paused. Spot gold rose 0.4% to US $1,648.91 per ounce after falling nearly 3% last week. But firm US bond yields capped gains in the precious metal.

The dollar index was flat after hitting a 14-year peak last week. The US dollar and yields have been a key gold in recent months. Gold is highly sensitive to rising interest rates, which increases the opportunity cost of holding non-yielding gold.

Cryptocurrency price rise marginally

Cryptocurrency prices yesterday rose marginally with the world's largest and most popular digital token Bitcoin trading about 0.3% higher at US$ 19,193.

After surging to an all-time high of almost US$ 69,000 in November, Bitcoin's price has been trading in a narrow range of around US$ 20,000 since June.

On the other hand, Ether, the coin linked to the ethereum blockchain and the second largest cryptocurrency, also rose by more than 1% to US $ 1,299. Meanwhile, dogecoin price was nearly 1% lower at $0.05 whereas Shiba Inu was about 0.5%.

A volatility gauge for Bitcoin has dropped in recent days to its lowest level since April, reaching 61 on Friday which is a far cry from the 140 it hit in May amid the collapse of the Terra stablecoin ecosystem.

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