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Indian Stock Market Wrap Up For 23 Nov,2023:

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Share Market Closing Note


Market ends flat ahead of weekly expiry; Hero Moto jumps 5%


Equity benchmark indices settled on a flat note on Thursday, November 23, amid mixed global cues. The S&P BSE Sensex scaled a high of 66,235.24, and a low of 65,980.50, before closing a tad in red at 66,017.81 � down 5.43 points. The NSE Nifty50 managed to sustain above the 19,800 level for the second consecutive session and closed at 19,802.


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Topic :- Time:3.00 PM


Nifty spot if manages to hold above 19780 level on closing basis then expect some upmove in coming sessions and if it closes below above mentioned level then some sluggish movement can be witnessed in the market.


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Topic :- Time:2.50 PM


Just In:

Titan Stock : M-cap crosses ₹3 lakh crore.


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Topic :- Time:2.30 PM


REGULATORY SCRUTINY


Cipla shares fall over 7% as investors react to FDA warning letter.


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Topic :- Time:2.20 PM


Just In:

Bajaj Auto aims monthly sales target of 10,000 Triumphs; new products lined up from Dec: CEO Rajiv Bajaj


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Topic :- Time:2.00 PM


Nifty spot if manages to trade and sustain above 19840 level then expect some more upmove in the market and if it breaks and trade below 19780 level then some decline can be seen in the Nifty.


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Topic :- Time:12.20 PM


Just In:

Canara Bank to raise up to Rs 5,000 crore via 10-year bonds


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Topic :- Time:12.00 PM


Nifty spot if manages to trade and sustain above 19820 level then expect some upmove in the market and if it breaks and trade below 19760 level then some decline can follow in the Nifty.


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Topic :- Time:11.30 AM


News Wrap Up:

1. Sensex, Nifty flat; Hero Moto rallies 4%; Bajaj Auto 3%

2. MHI orders probe to investigate role of govt officials in FAME scam

3. Give detailed information on child pneumonia outbreak: WHO to China

4. IndiGos parent firm to challenge tax demands worth over Rs 1,666 cr

5. Mamaearth share price jumps 10% after Q2 net profit doubles to ₹30 crore

6. Cipla tanks almost 7% as USFDAs letter flags data issues at Madhya Pradesh unit

7. Sterling and Wilson hits 5% upper circuit for second straight day after securing $2.2-bn Nigeria order

8. CG Power soars 28% in 2 days as it seeks nod for semiconductor assembly, test facility

9. Home First stock tumbles 5% after block deal on nearly 10% equity

10. CDSL jumps 3% as demat accounts cross 10-crore mark


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Topic :- Time:11.00 AM


After positive opening nifty is now trading flat with minor losses. Nifty spot if manages to trade and sustain above 19820 level then expect some upmove in the market and if it breaks and trade below 19780 level then some decline can follow in the Nifty.


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