Sensex Today Trades Higher | Energy Stocks Shine | Kansai Nerolac Soars 7%

Wed, 27 Dec 10:30 am

   Previous Close   

   Pre-Open   

   Closing   

Asian markets surged on Wednesday, tracking overnight rise in US stocks, as investors bet that the Federal Reserve will cut interest rates as early as March.

The Nikkei is trading 1.1% higher while the Hang Seng index is trading 1% higher.

US stocks extended rally on Tuesday, kicking off the final week of 2023 with expectations that the Federal Reserve will begin cutting interest rates as soon as March.

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

Stock/Index	LTP	Change ($)	Change (%)	Day High	Day Low	52-Week High	52-Week Low
Alphabet	142.82	0.1	0.07%	143.95	142.5	143.95	85.57
Apple	193.05	-0.55	-0.28%	193.89	192.83	199.62	124.17
Meta	354.83	1.44	0.41%	356.98	353.45	357.2	115.51
Tesla	256.61	4.07	1.61%	257.97	252.91	299.29	101.81
Netflix	491.19	4.43	0.91%	491.48	486.38	500.89	273.41
Amazon	153.41	-0.01	-0.01%	153.98	153.03	155.63	81.43
Microsoft	374.66	0.08	0.02%	376.94	373.5	384.3	219.35
Dow Jones	37545.33	159.36	0.43%	37617.99	37371.83	37641.3	31429.82
Nasdaq	16878.46	101.06	0.60%	16907.51	16813.57	16907.51	10671.19

Source: Equitymaster

At present, the BSE Sensex is trading 315 points higher and NSE Nifty is trading 98 points higher.

Bajaj Auto and Bajaj Finserv are among the top gainers today.

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

Broader markets are trading higher. The BSE Mid Cap and the BSE Small Cap index is trading higher by 0.5%.

Sectoral indices are trading positive, with stocks in realty sector and capital goods sector witnessing most buying.

The rupee is trading at Rs 83.24 against the US dollar.

In commodity markets, gold prices are trading flat at Rs 63,042 per 10 grams today.

Meanwhile, silver prices are trading flat at Rs 75,025 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, arriving at a reasonable estimate of a stock's intrinsic value is easy. However, there are errors that can creep in and even the most astute analysts can fall pretty to them.

So, what exactly are these errors and how are they associated with a stock like Tata Motors.

Tune in for more.

SJVN's New Solar Project Win

State-owned SJVN has bagged a 100 MW solar project worth Rs 5.5 bn under an e-Reverse auction conducted by Gujarat Urja Vikas Nigam.

This ground-mounted solar project shall be developed by the SJVN through its wholly-owned subsidiary, SJVN Green Energy (SGEL), at a tentative cost of Rs 5.5 bn.

SJVN successfully bagged the quoted capacity of a 100 MW Solar Project at the rate of Rs 2.63/Unit on a Build Own and Operate basis through a tariff-based competitive bidding process of GUVNL.

The project is expected to be commissioned within 18 Months from the date of signing of the Power Purchase Agreement (PPA).

The PPA shall be signed between SGEL & GUVNL for 25 years.

The project is expected to generate about 252 million units in its first year of commissioning, and the cumulative energy generation over 25 years would be about 5,866 million units.

Further, the commissioning of this solar project is anticipated to reduce 2,87,434 tonnes of carbon emissions.

With the addition of this project, SJVN's solar & wind portfolio stands at 5,090.5 MW, out of which 179.5 MW is under operation, 1,860 MW is under construction, and 3,051 MW is under various stages of implementation.

With a sharp vision to diversify into renewable energy, SJVN is stitching a grand solar roadmap.

For more details, check out our editorial This Company is Transforming into a Huge Solar Energy Giant. Take a Look...

Power Grid Corp Acquires 2 Special Purpose Vehicles

State-owned Power Grid Corporation on Tuesday said that it has acquired two special purpose vehicles (SPV) to implement power transmission projects - Vataman Transmission and Koppal II Gadag II Transmission from PFC Consulting.

Power Grid Corporation had bagged these two projects under tariff-based competitive bidding conducted by PFC Consulting.

The Koppal II Gadag II Transmission Ltd (KIIGIITL) was acquired on Tuesday to establish a transmission system for 'Transmission Scheme for Integration of Renewable Energy Zone (Phase-II) in Koppal-II (Phase-A & B) and GadagII (Phase-A) in Karnataka', on build, own, operate and transfer (BOOT) basis.

The Vataman Transmission Ltd (VTL), the Project SPV, is acquired on Tuesday to establish transmission system for 'Transmission system for evacuation of an additional 7 GW of RE power from Khavda RE park under Phase III Part B, on build, own, operate and transfer (BOOT) basis.

For more, check out the Top 5 Power Companies in India by Growth.

Aditya Birla Capital to Infuse Fund in Subsidiaries

Diversified financial services player Aditya Birla Capital Ltd (ABCL) on Tuesday said it has infused Rs 8.5 billion (bn) and Rs 500 m in two wholly-owned subsidiaries, Aditya Birla Finance and Aditya Birla Capital Digital Ltd, respectively.

The investments were done on a rights basis.

Under the investments, there is no change in the percentage shareholding of ABCL, and both continue to be wholly-owned subsidiaries.

ABCL invested in Aditya Birla Finance to meet its growth and funding requirements and improve its leverage ratio.

The investment in the other wholly-owned subsidiary is to meet growth and funding requirements.

Aditya Birla Capital is the holding company for the financial services businesses of the Aditya Birla Group, is a universal financial solutions group catering to the diverse financial needs of its customers across their life stages.

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