Here's a quick roundup of all the market action of the day##Here's a quick roundup of all the market action of the day

- Market Fails To Hold Record Highs, Sensex and Nifty End With Minor Cuts

- Nifty Slips 95 Points From Intra-day Record High Of 12,132.50

- Sensex Down 299 Points From Life High Of 41,120.30

- Nifty Bank Outperforms Benchmarks, Ends At Record Closing high Of 31,718.35

- All Sectoral Indices Close In The Red, Media Top Loser

- Market Breadth Favours Declines With Midcap Index 256 Points Off Highs

- Telecom Stocks Slip As Reports Suggest Secy Panel For Relief Package Is Disbanded

- Bharti Airtel, TCS and L&T Drag While ICICI, RIL and HDFC Lend Support

- Telecom and IT Drag Nifty By 22 Points While Financials Support With 18 Points

- Zee Entertainment Falls For The Second Consecutive Day As Chairman Resigns From The Board

- ICICI Bank Surges To Life High As MSCI Rebalancing Comes Into Effect

Nov 26, 2019 3:46 PM

Sectoral Trend: Major selling was seen in media, auto, and IT indices##Sectoral Trend: Major selling was seen in media, auto, and IT indices

Nov 26, 2019 3:44 PM

Top Nifty gainers and losers at closing##Top Nifty gainers and losers at closing

Nov 26, 2019 3:42 PM

Closing Bell: Markets fail to hold record highs; Sensex ends in red, Nifty below 12,050##Closing Bell: Markets fail to hold record highs; Sensex ends in red, Nifty below 12,050

Indian shares ended in red on Tuesday after hitting record highs in morning trade dragged by losses in IT, telecom, and auto stocks. Fall in index heavyweights like TCS, Bharti Airtel, Infosys, L&T, and Maruti also added to the losses. The Sensex ended 68 points lower at 40,821, down 299 points from its record high, while the Nifty settled 36 points lower at 12,037, down 95 points from its record high.

In intraday deals, BSE Sensex surged as much as 231 points to hit a new high of 41,120 as against its previous high of 40,931.71, hit yesterday. Later it lost 410 points to hit its day's low of 40,710. Meanwhile, the Nifty50 index jumped 59 points to rise to 12,132, as against its previous high of 12,103 hit in June 3. Later it lost 126 points to hit its day's low of 12,006.

Nov 26, 2019 3:36 PM

Broad market participation to help strengthen rally, says Nimesh Chandan of Canara Robeco##Broad market participation to help strengthen rally, says Nimesh Chandan of Canara Robeco

The broad market has been participating in the rally in the last two months unlike earlier when the rally was narrow on quality and visibility, Nimesh Chandan, Head-Investment and Equity, Canara Robeco, said. “There is participation from quality cyclicals as well as small and midcaps. Our portfolios have moved to include some of these broad market changes. Internationally also, there has been a change in commodities in bond markets towards more risk-on,” he said, adding that this broad market participation would help create a healthy rally. READ MORE

Nov 26, 2019 3:27 PM

ICICI Direct Research recommends 'Buy' on these five stocks post Q2 earnings

Nov 26, 2019 3:12 PM

This Anil Ambani-owned penny stock has delivered a whopping 660% return in 3 months##This Anil Ambani-owned penny stock has delivered a whopping 660% return in 3 months

Anil Ambani's Reliance Group has generally had a torrid year at Dalal Street. However, there is one penny stock in the group's bouquet that has not declined even once since September 9. Reliance Naval and Engineering. This scrip in over two months has jumped a whopping 663 percent! On September 9, the scrip traded at Rs 0.95 and on November 26 it is trading at Rs 7.25 per share on the NSE. The stock was listed on the bourses on October 9, 2009, at Rs 61.10. READ MORE

Nov 26, 2019 2:57 PM

CSB Bank IPO subscribed 14 times so far on Day 3##CSB Bank IPO subscribed 14 times so far on Day 3

CSB Bank’s initial public offering was subscribed 13.8 times so far on the last day of the share sale on Tuesday. As of 2 PM, the CSB Bank IPO received 15,94,07,175 bids against the total issue size of 1.15 crore shares, according to data available with NSE. At the end of Monday, the CSB Bank IPO was subscribed over 4 times. While qualified institutional buyers category was subscribed 26 percent, the non-institutional investors' segment was fully subscribed. Retail individual investors category was subscribed 21.53 times. READ MORE

Nov 26, 2019 2:44 PM

Markets hit record high; 187 stocks gain in 2019, 4 double investor wealth

Nov 26, 2019 2:31 PM

The market is pricing in earnings growth recovery, says Kotak Mahindra AMC##The market is pricing in earnings growth recovery, says Kotak Mahindra AMC

Indian markets on Tuesday hit new milestones, before giving up most of the intra-day gains. The Sensex hit 41,000 for the first time, rising to 41,120 at day's high. The broader Nifty also hit a new intra-day high of 12,132, overtaking June highs of 12,103. Managing Director of Kotak Mahindra Asset Management Company (AMC) Nilesh Shah shared his views and outlook with CNBC-TV18.

“The market today is pricing in the recovery of earnings growth as reflected in recovery in economic growth where December 2019 quarterly growth will be better than September 2019 and March 2020 economic growth will be better than December 2019,” he said. READ MORE

Nov 26, 2019 2:12 PM

InterGlobe Aviation shares fall 4% after DGCA directs airline to replace faulty engines##InterGlobe Aviation shares fall 4% after DGCA directs airline to replace faulty engines

Shares of InterGlobe Aviation Ltd, the IndiGo airline operator, fell more than 4 percent on Tuesday after the Directorate General of Civil Aviation (DGCA) restricted the airliner from operating glitch-prone Airbus A320 and A321neo aircraft. The aviation regulator instructed IndiGo to ensure that, for every new A320neo plane that it adds to its fleet, it grounds an old A320neo family aircraft with an unmodified Pratt and Whitney (PW) engine. READ MORE

Nov 26, 2019 1:50 PM

RBI likely to cut repo rates by 25 bps, but still no respite for economy: Reuters poll##RBI likely to cut repo rates by 25 bps, but still no respite for economy: Reuters poll

The Reserve Bank of India is expected to cut interest rates in its December bi-monthly monetary policy and again before July, according to economists in a Reuters’ poll. However, the economists forecast that these reductions would either marginally boost the economy or have no impact.

The latest Reuters poll predicted the RBI would cut its repo rate for the sixth time in a row by 25 basis points to 4.90 percent at its December 3-5 meeting, according to median forecasts from more than 70 economists. That would mark the longest streak of consecutive rate cuts since the current interest rate framework was introduced nearly 20 years ago. READ MORE

Nov 26, 2019 1:36 PM

This Nifty index rises 22%, becomes this year's best performer##This Nifty index rises 22%, becomes this year's best performer

The 50-share NSE index this year has surged 10 percent to date and touched its lifetime high on Tuesday by crossing 12,100 mark. The index received a big boost from stocks that contributed 60 percent gains since August -- Reliance Industries, HDFC Bank, ICICI Bank, and HDFC. During the day, Sensex hit its day's high at 41,120.28 while Nifty50 touched 12,132.45 level.

And, in all this while, one sector that surged the most is Nifty Financial Services. The finance index this year saw a 22 percent rise followed by Nifty Realty that rose 19 percent. READ MORE

Nov 26, 2019 1:22 PM

Nifty's journey to record high in four charts

Nov 26, 2019 1:06 PM

CNBC-TV18's Sonia Shenoy gives us a quick snapshot of the markets at noon##CNBC-TV18's Sonia Shenoy gives us a quick snapshot of the markets at noon

- Today was a historic morning of trade as the Nifty hit a record high of 12,132, surpassing its earlier high of 12,103 hit in June this year. It was followed by a record high on Bank Nifty as well lead by heavyweights like ICICI Bank.

- However, at noon the market has lost some of its gains amid profit booking. The Bank Nifty is still holding up with 0.5 percent gains led by Yes Bank, ICICI Bank, and IndusInd Bank.

- Reliance industries hit record high today with it's market cap now just shy of Rs 10 lakh crore. The stock is now up 40 percent in 2019.

- Important psychological levels have been conquered with Sensex crossing 41,000 for the first time ever. with this, the index is now up 13 percent in 2019 outperforming many of its emerging market peers.

Nov 26, 2019 12:51 PM

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