Volatile Start to the Week

Mon, 23 Nov Closing

   Previous Close   

   Pre-Open   

   09:30 am   

   11:30 am   

   01:30 pm   

The Indian markets had a rather volatile trading session today as the indices oscillated to either side of the dotted line. At the closing bell, the BSE-Sensex closed lower by about 49 points, while the NSE-Nifty finished lower by about 7 points. Stocks from the FMCG and metals sectors were the least preferred today, while those from the consumer durables and realty spaces were in demand. However, BSE Mid Cap and BSE Small Cap bucked this trend and finished the day higher by 0.4% and 0.5% respectively.

Asian markets finished mixed as of the most recent closing prices. The Nikkei 225 gained 0.10%, while the Shanghai Composite led the Hang Seng lower. They fell 0.56% and 0.39% respectively. European markets are lower today with shares in France off the most. The CAC 40 is down 0.75% while London's FTSE 100 is off 0.30% and Germany's DAX is lower by 0.05%. The rupee was trading at 66.35 against the US$ in the afternoon session.

According to leading financial daily, The High Level Clearance Authority (HLCA) of the Odisha government is willing to consider the proposal by National Aluminium Company (Nalco) to expand capacity of its alumina refinery at Damanjodi in Koraput district from 2.275 million tonne per annum (mtpa) to 3.275 mtpa. Nalco's expansion is estimated to cost around Rs 43.57 bn.

Reportedly, the Pottangi mines with 70 million tonne bauxite reserve would feed Nalco's new refinery of one million tonne capacity planned at Damanjodi. Recently, Nalco had submitted Rs 3 bn corporate social responsibility (CSR) package to the state government for the Pottangi deposits. The CSR projects would be implemented at Damanjodi, Angul and other parts of Odisha.

It has been a lackluster year for companies operating in aluminum space. Aluminum has looked the most vulnerable in the base metals space due to concerns over the Chinese aluminum exports and global meltdown in commodity prices. Moreover, domestic aluminum companies are also struggling with higher fuel costs. The aluminum companies were forced to source coal from the open markets in the wake of cancellation of the captive coal blocks allotted to them by the Supreme Court last year. And price hikes taken to pass on the cost has further dented their competitiveness in the global markets. This has all been reflected in the weakening financial performance during the first half of FY16. (Subscription required)

finished on a mixed note. Hero Motocorp and Ashok Leyland were leading the pack of gainers. According to a leading economic daily, Tata Motors has opened a new full range passenger vehicle dealership at Ahmedabad, Gujarat in collaboration with Cama Motors. The new dealership is Tata Motors' 4th dealership and the 6th showroom in the city. Under this agreement, the company and Cama Motors are all set to provide a luxury car ride experience to esteemed customers with the new and exciting models and aim to provide end-to-end solutions.

Earlier this week, Tata opened a new commercial vehicle dealership facility at Firozabad, Uttar Pradesh. The 3S (Sales, Service and Spares) facility which is operated by Ashok Auto Sales has a vehicle display area along with 7 bays, and has a capacity to handle about 500 vehicles a month.

Tata Motors closed the day down by 0.1%.

FY15 turned out to be very challenging year for the automobile industry when all the other segments reported a decline in volumes barring two wheelers. Although the last fiscal saw the industry limping back, the recovery so far has been tepid and slow. In our recent edition of '5 Minute Wrap Up', we highlight the performance of auto segments and what is expected of the industry in the near future.

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