Sensex Today Trades Flat | Tata Steel, Nestle Among Top Gainers | NDTV Share Price Zooms 5%

Wed, 30 Nov 10:30 am

   Previous Close   

   Pre-Open   

   Closing   

Asian share markets followed US equities lower as investors weighed Covid developments in China and awaited a speech from Federal Reserve Chair Jerome Powell.

Shares fell in Japan, South Korea and Australia indicating a pause in the optimism that drove a gauge of the region's shares higher in the previous session.

The Hang Seng gained 0.3% while the Nikkei is down 0.4%.

In US stock markets, wall street indices fell ahead of an upcoming speech by US Federal Reserve Chair Jerome Powell that could provide hints about magnitude of future interest rate hikes.

Investors also focused on recent protests against Covid-19 curbs in China, including at the world's biggest iPhone factory.

The Nasdaq fell 0.6% while the Dow Jones ended on a flat note.

Here's a table showing performance of US stocks and indices on Tuesday.

Stock/Index	LTP	Change ($)	Change (%)	Day High	Day Low	52-Week High	52-Week Low
Alphabet	95.4	-0.8	-0.84%	96.4	94.4	152.1	83.5
Apple	141.2	-3.1	-2.11%	144.8	140.4	182.9	129
Meta	109.5	0.7	0.63%	110.9	108.5	352.7	88.1
Tesla	180.8	-2.1	-1.14%	186.4	178.8	402.7	166.2
Netflix	281	-0.2	-0.07%	283	275.9	675.4	162.7
Amazon	92.4	-1.5	-1.63%	94.4	91.4	179.8	85.9
Microsoft	240.3	-1.4	-0.59%	242.8	238.2	344.3	213.4
Dow Jones	33,852.50	3.1	0.01%	33,933.90	33,662.50	36,952.70	28,660.90
Nasdaq	10,983.80	-65.7	-0.59%	11,086.00	10,944.40	16,212.20	10,088.80

Source: Equitymaster

Back home, Indian share markets opened on a flat note following the trend on SGX Nifty.

The BSE Sensex is trading up by 16 points. Meanwhile, the NSE Nifty is trading higher by 14 points.

Tata Steel and Dr Reddy's Lab are among the top gainers today. HCL Tech, on the other hand, is among the top losers today.

The BSE Mid Cap index is up 0.4% while the BSE Small Cap is trading higher by 0.3%.

If you're looking to midcap stocks that offer growth in the long run, check out the 5 midcap stocks for long term.

Sectoral indices are trading on a mixed note with stocks in the metal sector and auto sector witnessing most of the buying.

IT and energy stocks on the other hand, are trading in red.

Shares of CCL Products and HUDCO hit their 52-week highs today.

The rupee is trading at 81.62 against the US$.

Gold prices are trading up by 0.4% at Rs 52,540 per 10 grams.

Meanwhile, silver prices are trading up by 0.5% at Rs 61,427 per kg.

Speaking of stock markets, Brijesh Bhatia talks about energy stocks and why they should be on your radar, in his latest video for Fast Profits Daily.

Brijesh discusses why he's bullish on energy stocks and talks about specific stocks within the sector in the video below.

Tune in to the below video to know more:

NDTV-Adani Takeover

In news from the media sector, amid the Adani Group's open offer to acquire New Delhi Television Limited (NDTV), Prannoy Roy and Radhika Roy have resigned as directors on the board of RRPR Holding Private (RRPRH) with effect from 29 November.

Prannoy Roy is the Chairperson of NDTV and Radhika Roy is an Executive Director.

The board of RRPR Holding has approved the appointment of Sudipta Bhattacharya, Sanjay Pugalia and Senthil Sinniah Chengalvarayan as Directors on its board with immediate effect.

In August this year, Gautam Adani-led Adani Group acquired 29.18% stake in television channel NDTV and said it would launch an open offer as required by the market regulator to buy another 26% in the company.

On 22 November, the Adani Group launched its open offer, which is to remain open until 5 December 2022.

The single-largest shareholder of NDTV, besides Prannoy and Radhika and the Adani Group, is Mauritius-registered FII - LTS Investment Fund with a 9.75% stake. It bought this stake in the quarter ending September 2016.

Shares of NDTV have been on a roll this year, more so after the takeover was announced.

Even today, shares are locked in the 5% upper circuit band.

For understanding more about this takeover, check out our editorial which points out some unique facts: Vikram-Betal: Let Me Tell You a Story...

Uniparts India IPO Kicks Off

Moving on to latest developments from the IPO space, the initial public offer of Uniparts India will kick off for subscription today.

The IPO by engineered systems manufacturer will be the last IPO to open for subscription in November.

The bidding will continue till 2 December 2022. The anchor book opened for a day on 29 November.

The company has fixed a price band of Rs 548-577 per share.

The IPO is an offer-for-sale (OFS). The share sale is expected to fetch Rs 8.4 billion (bn) to the selling promoters and investors at the upper end of the price band.

Incorporated in 1994, Uniparts India is a global manufacturer of engineered systems and solutions. It is one of the leading suppliers of systems and components for the off-highway market in the agriculture and construction, forestry and mining (CFM) and aftermarket sectors.

In FY22, its customer base consisted of over 125 customers spread across 25 countries, having long-term relationships with global OEM players.

Stay tuned for more updates on this IPO and the other upcoming IPOs.

Updated PLI for Textile Sector on the Cards?

Moving on to news from the textile sector, reportedly, the government will replace its flagship incentive scheme for capital investments in textiles and garments - Amended Technology Upgradation Fund Scheme (ATUFS) - with one similar to the production-linked incentive (PLI).

This, to promote domestic development and manufacturing of textile machinery.

The threshold for textile manufacturing units to be eligible for sops under the proposed scheme would be investment in plant and machinery of Rs 1 crore to Rs 50 crore for MSMEs and above Rs 50 crore for non-MSMEs.

Incentives would be provided based on the turnover achieved after making the threshold investment in modernisation through installation of benchmarked technology.

The government had last year approved the Rs 106.8-bn PLI scheme for manmade fibre (MMF) apparel, MMF fabrics and products of technical textiles.

The second edition of the PLI for textiles is underway wherein incentives are likely for manufacturing of garments and home textiles such as blankets and bed spreads, and textile accessories like lace, button, and zippers.

This could give a big boost to the top textile stocks in India.

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