Thank you, readers! That's all from CNBC-TV18.com's live market coverage on December 14. Stay tuned for other updates on our website: CNBCTV18.com.

You can follow us on Twitter: @CNBCTV18Live @CNBCTV18News

And on Facebook, LinkedIn, Instagram and Telegram

Download our mobile app for Android and iOS platforms

Dec 14, 2021 5:11 PM

A decisive fall below 17,150 to further fuel negative bias: Religare Broking's Ajit Mishra

Ajit Mishra, VP-Research at Religare Broking, said market participants are maintaining a cautious stance ahead of the outcome of the Federal Reserve's policy meeting due on December 15.

"We may see a similar trend on Wednesday as well. A decisive fall below 17,150 in the Nifty would further fuel the negative bias. We reiterate our view to limit leveraged positions and maintain positions on both sides," he said.

Dec 14, 2021 5:10 PM

Market At Close | Sensex, Nifty50 fail to hold on to midday recovery

Here are some highlights:

--Reliance, HDFC, HDFC Bank, Bajaj Finance, Kotak Mahindra Bank drag headline indices

--Midcap index ends just above 31,000 mark

--Nifty Bank recovers more than 300 points from day’s low, ends just below flatline

--ICICI Bank, Axis Bank contribute most to Nifty Bank recovery

--Nifty Pharma, Media end as top sectoral gainer; PSU Bank, Auto top losers

--Axis Bank recovers after positive management commentary, up 1%

--ITC top index loser with analyst meet underway, down 3%

--Lupin rises 7% after US regulator clears Goa unit with VAI status

--Market breadth neutral; advance-decline ratio at 1:1

Disclaimer: Network18, the parent company of CNBCTV18.com, is controlled by Independent Media Trust, of which Reliance Industries is the sole beneficiary.

Dec 14, 2021 4:48 PM

Bright chances of Nifty breakout out above 17,600: Manish Shah

Independent technical analyst Manish Shah believes the chances of the Nifty50 breaking out above 17,600 are bright. The index would most likely remain below 17,600 and above 17,100 for the next couple of days, he said.

"Clearly, a directional movement in Nifty is not there... It is in a tight range between 17,200 and 17,600, which may hold on for some more time... For long- to intermediate-term investors, the current phase of market movement is a good opportunity to buy into select stocks," he added.

Dec 14, 2021 4:28 PM

BSE stock a good thematic play: Hemang Jani

Motilal Oswal Financial Services' Hemang Jani believes BSE is a good thematic play that people may want to have in their portfolios. "Clearly, the exchange is something where we are seeing this entire fintech and the kind of traction with that we are seeing in number of accounts coupled with the potential listing of NSE... These are the factors that are actually driving the BSE stock. Our take is that here is a company which is available at a market cap of less than Rs 10,000 crore and at some point, though their presence in terms of F&O market or other asset classes is not there, but even if you consider the market share that BSE has, plus the cash and the other businesses or subsidiaries that it has, CDSL and that Star Mutual Fund, definitely, that is looking quite attractive," he said.

That is why probably there is some interest, he said "Because of the low floating stocks, sometimes the impact is very high," Jani added.

Dec 14, 2021 4:25 PM

Positive on ITC stability, dividend yield: Hemang Jani

Hemang Jani of Motilal Oswal Financial Services believes ITC is certainly one stock that investors should have especially those who are looking for low beta and dividend yield kind of a stable stock. However, if one is looking for something more exotic in terms of growth and rewarding business, it is probably not as exciting in the current scheme of things, he added.

"As the company is doing this kind of analyst meet for the first time or after a long break, the expectations were too high and maybe that has led to some sort of kneejerk reaction in terms of the stock price. But I think the key reasons why ITC has been a big underperformer is the fact that the other businesses are not really showing the kind of traction that market would have expected, and the dependence on the cigarette business and the kind of concerns that people have around this entire ESG theme is actually playing on their minds... We like this company from a stability and dividend yield perspective," Jani said.

Dec 14, 2021 4:20 PM

17,150 and 17,600 important levels for Nifty: Manish Hathiramani

Manish Hathiramani, Proprietary Index Trader and Technical Analyst at Deen Dayal Investments, believes 17,150 and 17,600 are extreme important levels for the Nifty at the current juncture. "A break of 17,150 could take the index southward while a close above 17,600 would signal an upward trajectory. Until then, traders should be cautious and watchful, and not indulge in hasty decision-making," he said.

Dec 14, 2021 4:08 PM

Rupee closes lower at 75.87 against US dollar

The rupee settled at 75.87 against the greenback as against its previous close of 75.77.

Nish Bhatt, Founder and CEO of Millwood Kane International, said the weakness in the rupee against the greenback is largely on account of the fear of the rapid spread of the Omnicron variant of COVID-19. "There is broad weakness across Asian markets ahead of the US Fed's meeting, which may bring an accelerated pace of liquidity tightening," he said.

"The weakness is despite record RBI reserves of around $640 billion... The next few days will be dominated by policy meetings of the Fed, the ECB and the BoJ. Central banks' action on rate and liquidity, and their resolve to aid recovery will guide global equities and currencies,” Bhatt added.

Dec 14, 2021 3:47 PM

Market At Close | ITC, Bajaj Finance, Tata Consumer, Kotak Mahindra Bank top blue-chip laggards

On the other hand, Power Grid, Divi's Labs, Axis Bank, Nestle and Dr Reddy's were the top performers among the 27 gainers in the Nifty50 pack.

Here's how the 30-member Sensex basket fared:

Dec 14, 2021 3:45 PM

Closing Bell | Sensex down 166 points at 58,117, Nifty50 at 17,325

The 30-scrip index ended 166.3 points or 0.3 percent lower at 58,117.1 and the broader Nifty50 benchmark settled at 17,324.9, down 43.4 points or 0.3 percent from its previous close. Gains in oil & gas, metal and healthcare shares were offset by losses in automobile and select financial stocks. (Read more on the closing bell)

Dec 14, 2021 3:41 PM

Aditya Birla Fashion surges over 7% on buying exclusive rights to Reebok in India

Dec 14, 2021 3:28 PM

Market Expert | Mehraboon J Irani on ICICI and HDFC Bank

“ICICI Bank could be a four-figure stock over next one-one-and-a-half year. HDFC Bank because it’s a relative underperformer and a great bank, at the present level looks a great buy.”

Dec 14, 2021 3:20 PM

Vodafone Idea shares swing between gains and losses; here's what's impacting the stock

Vodafone Idea (Vi) shares swung between gains and losses on Tuesday. The private sector telecom operator announced a deal with Hungama Music for streaming music, which is likely to help the debt-laden Vodafone Idea gain subscribers. Vi shares were down 1.1 percent at Rs 15.3 apiece on BSE in late afternoon deals, having moved within a wide range, between Rs 15 and Rs 16.1, earlier on Tuesday. (Read more here)

Dec 14, 2021 3:15 PM

Demand improving MoM; experiencing chip shortage for some models: Ashok Leyland

Sanjay Saraswat, head of medium and heavy commercial vehicle (M&HCV) at Ashok Leyland, on Tuesday said that things are improving on-demand front month-on-month (MoM). He further said that internal combustion engine trucks have done fairly well and the tipper segment is growing equal to the size of the industry.

Dec 14, 2021 3:10 PM

Govt to go slow on GST rate rationalisation exercise

The government has decided to go slow on the Goods and Services Tax (GST) rate rationalisation exercise and the date for the new Group of Ministers (GoM) meeting is not yet decided, sources told CNBC-TV18. "No new date has been finalised," and there is "no communication either," two GoM members told CNBC-TV18.

Dec 14, 2021 3:03 PM

Load more