Sensex Today Trades Lower | JK Lakshmi Bank Sheds 3% | HDFC Bank & Asian Paints Top Losers

Tue, 7 Nov 10:30 am

   Previous Close   

   Pre-Open   

   Closing   

Asian stocks edged lower as fresh doubts emerged on whether the Federal Reserve has finished tightening policy, with gains in US shares limited by a rise in bond yields.

The Nikkei is trading 1.1% lower while the Hang Seng index is down by 1.5%. The Shanghai Composite is trading 0.4%.

US stocks drifted to a mixed finish Monday as Wall Street's wild recent moves calmed a bit.

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

Stock/Index	LTP	Change ($)	Change (%)	Day High	Day Low	52-Week High	52-Week Low
Alphabet	131.45	1.08	0.83%	131.56	129.93	142.38	85.57
Apple	179.23	2.58	1.46%	179.43	176.21	198.23	124.17
Meta	315.8	1.2	0.38%	318.33	314.45	330.54	93.1
Tesla	219.27	-0.69	-0.31%	226.32	215	299.29	101.81
Netflix	434.74	2.38	0.55%	435.03	429.61	485	252.09
Amazon	139.74	1.14	0.82%	140.73	138.36	145.86	81.43
Microsoft	356.53	3.73	1.06%	357.54	353.35	366.78	219.35
Dow Jones	34095.86	34.54	0.10%	34167.26	33989.72	35679.13	31429.82
Nasdaq	15154.93	55.44	0.37%	15180.19	15064.91	15932.05	10632.39

Source: Equitymaster

Back home, Indian share markets are trading on a negative note.

At present, the BSE Sensex is trading lower by 210 points. Meanwhile, the NSE Nifty is trading down by 53 points.

ONGC and Bajaj Finance are among the top gainers today.

HDFC Bank and Asian Paints on the other hand are among the top losers today.

Broader markets are trading on a positive note. The BSE Mid Cap index and the BSE Small Cap index is trading higher by 0.1%.

Sectoral indices are trading mixed with stocks in the power sector and oil and gas sector are witnessing buying. Meanwhile, stocks in realty sector and banking sector witness selling.

Shares of Tata Elxsi and Colgate hit their 52-week high today.

The rupee is trading at Rs 83.25 against the US dollar.

In commodity markets, gold prices are trading 0.3% lower at Rs 60,555 per 10 grams today.

Meanwhile, silver prices are trading 0.7% lower at Rs 71,625 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, Co-head of Research at Equitymaster Tanushree Banerjee talks about the possibility of Sensex at 50,000 in 2024, in her latest video.

With most of the positives priced in, any negative shocker, especially like the macro variables, could cause a huge dent in the index next year.

Watch the below video for more:

NHPC Q2 Results

Miniratna power company, National Hydroelectric Power Corporation, on Monday, reported a net consolidated profit of Rs 16.9 billion (bn) in the September quarter of FY 23-24.

Its consolidated net profit stood at Rs 16.9 bn in the quarter ended September last year.

Total income dipped to Rs 31.1 bn in the reporting quarter from Rs 34.8 bn recorded in the same period a year ago. During the meeting, the board also approved the formation of a Joint Venture Company between NHPC and Andhra Pradesh Power Generation Corporation Limited (APGENCO).

NHPC Limited was established in 1975 with the objective of planning, promoting, and organizing an integrated and efficient development of hydroelectric power in India.

It is a government-owned company under the administrative control of the Ministry of Power, Government of India.

It is primarily involved in the construction and operation of hydroelectric power plants. It has developed and operates several hydropower projects across India including the Nathpa Jhakri Hydroelectric Power Station, Bhakra Nagal Dam, Teesta Low Dam Project, and many more.

For leading electricity generation companies in India, check out top power comapnies in India.

Adani Energy Q2 Profit Jumps 46%

Adani Energy Solutions reported on 6 November a 46% year-on-year (YoY) growth in consolidated net profit to Rs 2.8 bn in Q2FY24.

The electric power distribution company, earlier known as Adani Transmission, reported a growth in revenue by 15% YoY to Rs 34.9 bn in Q2FY24.

Earnings Before Interest Tax Depreciation and Amortisation grew six per cent YoY to Rs14.4 bn in the July-September quarter.

The company has a consolidated net debt of Rs 290 bn as of 30 September.

Revenue for the company from its transmission business grew 17% YoY to Rs 10.2 bn in Q2FY24. The company's revenue from the Generation, Transmission, and Distribution business increased 14% YoY to Rs 24.8 bn in the same period.

Adani Energy Solutions is the country's largest private transmission company, with a presence across 14 states.

Adani Energy Solutions recently announced the successful commissioning of the Karur Transmission Ltd (KTL) project in Tamil Nadu.

For more details, check out Equitymaster's Indian stock screener, which shows all the Adani group companies' fundamental analysis on one screen.

Dig deeper into Adani group stocks.

Bata India to sell Nine West Shoes

Bata India on Monday said it will sell shoes and accessories of US-based lifestyle brand Nine West through its retail stores.

The company's board has approved a licensing and manufacturing deal with Authentic Brands Group for their world-renowned lifestyle brand Nine West.

Under the arrangement, Bata India will have rights to manufacture, market and distribute Nine West shoes and accessories, across India through its stores.

Authentic Brands Group owns the Nine West brand. It had acquired Nine West's US business after it filed for bankruptcy in 2018.

Currently, Bata India has a portfolio of global brands including Power, North Star, Weinbrenner, Bata, Bata Red Label, Bata 3D, Hush Puppies, Naturalizer, and Bzees, for the Indian market.

Companies in this sector produce a wide range of footwear, from casual shoes to specialized athletic gear.

As consumer preferences evolve, they adapt to meet these needs. For more, check out top footwear stocks in India.

And 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