Markets will remain closed on May 20, 2024 on account of Parliamentary Elections.

Sensex Today Ends at Record High, Gains 358 Points | Adani Total Gas Zooms 20% | Wipro & ITC Top Gainers

Wed, 6 Dec Closing

   Previous Close   

   Pre-Open   

   10:30 am   

After opening the day on a strong note, the Indian share markets continued its record run for the seventh straight trading session and the markets ended firmly in green.

Equity benchmark indices hit new highs boosted by moderating crude oil prices and rally in Adani group and PSU banks.

At the closing bell, the BSE Sensex stood higher by 358 points (up 0.5%).

Meanwhile, the NSE Nifty closed higher by 83 points (up 0.4%).

Wipro, ITC and L&T were among the top gainers today.

Eicher Motors, NTPC and Cipla, on the other hand, were among the top losers today.

The GIFT Nifty was trading at 21,067, up by 63 points, at the time of writing.

Broader markets ended on a positive note with BSE MidCap index and BSE SmallCap index, both, up by 0.2%.

Sectoral indices ended mixed today, with stocks in power sector, oil & gas sector and IT sector witnessing most buying. Meanwhile stocks in healthcare sector and realty sector witness selling pressure.

Shares of TVS Holdings and Angel One hit their respective 52-week highs today.

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...

Asian share markets ended on a mixed note. The Shanghai Composite ended marginally 0.1% in red while the Nikkei ended 2% higher.

The rupee is trading at 83.33 against the US$.

Gold prices for the latest contract on MCX are trading flat at Rs 62,218 per 10 grams.

Meanwhile, silver prices were trading 0.1% lower at Rs 75,205 per 1 kg.

Speaking of stock markets, when it comes to famous turnarounds of the last one year, no discussion can be complete without Suzlon Energy.

For perspective, the stock is up a whopping 312% in the last one year, far outperforming the close to 40% returns earned by the BSE Small Cap index.

By the way, it is up a huge 20x from its March 2020 lows. Talk of life changing investments!

However, there is a risk to investing in a stock like Suzlon Energy and ignoring this risk could prove fatal over the long run.

Co-head of research, Rahul Shah, in his latest video talks about what exactly is this risk and how should one minimise it.

Why Angel One Share Price is Rising

In news from the finance space, Angel One was in focus today.

On 6 December 2023, Angel One, the big name in the broking segment rose over 7% to hit its new 52 week high.

The rally came after the stock broker reported a 51.3% year-on-year (YoY) increase to 18.5 million (mn) in November 2023, indicating nearly a 4% rise compared to the previous month.

The number of orders also increased by 51.4% YoY to Rs 107 mn in November. Compared to the previous month, the number of orders grew by 1.2%.

The average daily turnover surged 165% YoY and 9% month-on-month to Rs 34.4 trillion in November.

In the Futures and Options (F&O) segment, the average daily turnover grew by 9.2% month-on-month and a little over 169% year-on-year at Rs 34 trillion.

In the cash segment, the average daily turnover stood at Rs 50 bn, up 12.3% month-on-month and over 33% YoY.

The average client funding book was at Rs 18.5 bn, up 43.5% year-on-year.

The share price of Angel One has rallied over 138% in 2023 so far.

Oberoi Realty Hits New 52 Week High. Here's Why...

Moving on with the news from the realty space, shares of Oberoi Realty hit 52 weeks high.

This rally can be attributed to the company's acquisition of a 6.4-acre land parcel near Mumbai from NRB Bearings for Rs 2 bn. This acquisition is part of Oberoi Realty's consolidation of contiguous lands, totalling 75 acres at Pokhran Road 2 in Thane.

If we take a closer look at the deal, after meeting the terms and conditions of the deal with NRB Bearings, Oberoi Realty completed the conveyance deed for the land parcel, which measures approximately 25,700 square metres (about 6.4 acres). This deal is very similar to Raymond Group's 100-acre land deal where construction projects have been underway since 2019.

The shares of Oberoi Realty have been on an upward trajectory. In 2023 so far, the company has offered over 67% returns to its investors.

For more, take a look at the list of realty penny stocks in India

Hero MotoCorp and Ather Industries Announces a New Partnership

Moving on to news from the auto sector, on 6 December 2023, Hero MotoCorp and Ather Energy announced a partnership to establish a fast-charging network for electric vehicles (EVs) to accelerate EV charging ecosystem in India.

This collaboration will enable users to seamlessly utilise both VIDA and Ather Grids across the country. The combined network is set to cover 100 cities with over 1900 fast-charging points.

Following this announcement, shares of Aether Industries rose over 1%, while Hero MotoCorp's shares traded nearly 2% lower.

In November, the domestic two-wheeler segment experienced robust demand during the festival season, leading to approximately 20-21% YoY growth.

Hero MotoCorp's volumes surged by 26% YoY in November, and the company gained market share due to supply-chain issues faced by Honda, resulting in key models being out of stock during the festival season.

Moreover, the company also mentioned that they are planning to open three premium stores and has set a target to open 100 such outlets by June 2024.

In 2023 so far, the share of Hero MotoCorp has offered 39% returns to its investors, while Ather Industries have eroded 6% of investors wealth.

INCLUDEPICTURE "https://lh7-us.googleusercontent.com/HbhAar7ZgbO5hpeVP8mTDjuOhPXPczbvmJGJzpnegdMDC69L77_HXhXNkfJdKt9vGO72enemgldhn9w0h-znk-FfhltgLckmsXSF15QKCbtrlDye8KSVtR0qUSmWmH5rEF_SzKGuXzcUuRQGjUpXy1A" \* MERGEFORMATINET

For more, check out top 5 fundamentally strong EV stocks to watch in 2024.

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