Sensex, Nifty end flat ahead of inflation data; HDFC duo, RIL lend support

CLOSING BELL: The benchmark indices sought support from financial and metal stocks with their respective indices climbing 0.2 per cent & 0.4 per cent. On the downside, the IT index fell 0.4 per cent.

Image SI Reporter New Delhi
MARKET LIVE: Sensex, Nifty listless; Asian Paints down 2%, Infosys 1%


Stock market highlights: 
Investors took money off the table, on Monday, ahead of India's retail inflation data for November (due later today) and the US Federal Reserve's two-day monetary policy meeting (due tomorrow).  

The S&P BSE Sensex fell 51 points, or 0.08 per cent, to end a volatile session at 62,130.5. The Nifty50, meanwhile, closed unchanged at 18,497. The indices hit intra-day lows of 61,676 and 18,346, respectively.

The benchmark indices sought support from financial and metal stocks with their respective indices climbing 0.2 per cent and 0.4 per cent. On the downside, the IT index fell 0.4 per cent.

In the broader markets, the BSE MidCap and SmallCap indices gained 0.3 per cent and 0.36 per cent, respectively. 

New listing
Uniparts India made a weak stock market debut today, with its shares listing at Rs 575, marginally below the issue price of Rs 577 per share on the National Stock Exchange (NSE) and the BSE. Post listing, the stock of industrial products company plunged to Rs 536, a 7 per cent discount to its issue price. The stock closed at Rs 537, down 6.9 per cent vs issue price. 

Primary market 
Sula Vineyards: The initial public offer of India's biggest wine seller was subscribed 19 per cent till 3:30 PM on day one of the offer. Retail portion was subscribed 34 per cent, while NII was filled 7 per cent.

Abans Holdings: This offer was subscribed barely 6 per cent so far today.  

4:18 PM

CLOSING VIEW: CPI for Nov expected to soften from Oct on moderation in food prices

"A tepid start-off in the domestic market was flattened due to a recovery in banking, metals, and oil & gas, while continued selling in IT stocks weighed on the indices. Key inflation numbers are expected to soften from the previous month, owing to a moderation in food prices. Extending the stock market route, the global markets remained fragile as rate decisions by major central banks took centre stage."

Views by Vinod Nair, Head of Research at Geojit Financial.
4:16 PM

SECTORS: IT, pharma, cons durables weak; PSB, Oil & Gas pockets close over 1% up

4:10 PM

NEW IPO: Sula Vineyards offer subscribed 21% led by retail investors as of 4 pm

4:08 PM

NEW IPO: Abans Holdings subscribed issue just 6% as of 4pm on day 1

4:06 PM

Debutant Uniparts India holds 7% listing loss at close

4:04 PM

PSP Projects rallies 6% on winning order worth Rs 115 crore order

4:02 PM

Akashdeep metal weakens; co approves stock split of 1:5

4:00 PM

Godrej Consumer erases gains; falls 3% as CEO denies stepping down

source: CNBC TV-18
3:57 PM

Dalmia Bharat jumps 3%; co to buy cement assets of Jaypee Group for Rs 5,666 cr

3:52 PM

Apollo Tyres, Blue Star, Kalyan Jewellers hit all-time highs from BSE500 lot

3:50 PM

SMALL-CAP GAINERS: Va tech Wabag, Suzlon Energy lead outperformers

3:48 PM

MID-CAP WINNERS: IRFC, YES Bank, Hind Petro zoom up to 8%

3:46 PM

BROADER MARKET: Mid-caps, small-caps outweigh benchmarks, close in green

3:43 PM

NIFTY WINNERS: BPCL jumps 3%, Divi's Labs 2%

3:41 PM

NIFTY DRAGS: Eicher Motors additional top index loser

3:38 PM

HEATMAP: Losers-gainers split in half on Sensex; Asian Paints top drag

3:36 PM

CLOSING BELL: Nifty closes flat at 18,500; 28 of 50 stocks end higher

3:34 PM

CLOSING BELL: Sensex ends choppy trade nearly unchanged

3:21 PM

Highest number of IPO listings in 2022 recorded in November: Report

 There were nine initial public offers (IPOs) in November, the most in a month this year and the fourth highest in just over a decade, said a report on Monday suggesting that companies were hopeful of the market rising. Read here
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3:12 PM

LIC gains 4%, hits over 3-month high in subdued market

Shares of Life Insurance Corporation of India (LIC) hit over three-month high of Rs 695.85, gaining 4 per cent on the BSE in Monday's intra-day trade, in an otherwise subdued market. The stock of the state-owned insurer was trading at its highest level since August 18, 2022. At 02:18 PM, LIC shares were up 3 per cent at Rs 691.35, as compared to 0.34 per cent decline in the S&P BSE Sensex. Read more

First Published: Dec 12 2022 | 08:10 AM IST

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