Stock market break on rally, Sensex-Nifty opens lower, Tata shares shine- CMB College

Stock market break on rally, Sensex-Nifty opens lower, Tata shares shine

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Share Market Live Updates: On Friday, the last trading day of the year 2023, the stock market rally stalled. BSE’s 30-share benchmark Sensex opened 58 points lower at 72351. Whereas, the Nifty 50 started the day’s trading today down 41 points from a high of 21737. a

Earlier on Thursday, the Sensex closed at a new high by 372 points on the second day. The National Stock Exchange (NSE) Nifty has also touched a new all-time high. In the last five sessions, the Sensex gained 1,904.07 points or 2.70 percent, while the Nifty gained 628.55 points or 2.97 percent.

Nifty Top Gainers: Two shares of Tata Group topped the Nifty’s list of top gainers. Tata Consumer rose 3.32 percent to Rs. 1075.55, while Tata Motors gained 1.13 percent to Rs. was trading at 762.45. ITC increased by 0.70 percent to Rs. 467.35 was reached. Nestlé and Maruti also benefited. Both Rs. 26416.13 and Rs. was trading at 10312.7.

Stocks to buy: These stocks will focus on the last trading day of 2023

Nifty Top Losers: In early trade today, BPCL fell 2.86 percent to Rs. was at 452.50. Dr Reddy Labs fell 1.45 percent to Rs. was at 5773.70. Apollo Hospitals had a decline of 1.17 percent to Rs. was trading at 5693. ONGC also weakened by 1.01 percent at Rs. was trading at 206.20. Kotak Bank was also among the Nifty’s top losers with weakness.

Some of Adani’s shares under pressure: Due to this decline in the stock market, some shares of Adani Group are also under pressure. Adani Power fell nearly 1 percent to Rs. was at 518.60. Shares of Ambuja Cement were also in the red. Adani Total declined 0.75 percent to Rs. was trading at 973. Adani Green Rs. Turned red at 1554. On the other hand, Adani Enterprises, Adani Energy Solutions, ACC, NDTV and Adani were in Port Green.

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