sensex today: Fag-end buying drives Sensex 447 points higher, Nifty above 14,900; M&M, Bajaj Auto rise up to 5%

<div>sensex today: Fag-end buying drives Sensex 447 points higher, Nifty above 14,900; M&M, Bajaj Auto rise up to 5%</div>
<div>sensex today: Fag-end buying drives Sensex 447 points higher, Nifty above 14,900; M&M, Bajaj Auto rise up to 5%</div>

!1 New UpdateClick here for latest updates

Traders dealing in the unlisted shares said the grey market premium (GMP) of the agrochemical company stood at Rs 255 as of Tuesday. In percentage terms, that translates into 41 per cent premium over the issue price.

MARKETS AT CLOSE

  • Nifty gains over 175 points to close near day’s high above 14,900
  • Nifty Bank gains over 200 points but underperforms 4th day in a row
  • Nifty Midcap gains over 1.5% in each of the last 2 days; JSW Energy gains most
  • Nifty Smallcap gains over 1%; Justdial locked in 20% upper circuit
  • Nifty Auto gains most since 2 Feb; Tata Motors gains over 5%
  • Nifty IT gains most since 11 Jan; L&T Info rises over 6%
  • Nifty FMCG gains most since 4 Feb led by Jubilant Food
  • All sector indices gain except Nifty PSU Bank

Stock Screener

Search, Select & Invest in Top Stocks

This is how the 30-pack Sensex moved in today’s session. It touched a high of 50,439.82 and a low of 49,807.12 to finally settle at 50,296.89

This is how the 30-pack Sensex moved in today's session. It touched a high of 50,439.82 and a low of 49,807.12 to finally settle at 50,296.89

CLOSING BELL: Fag-end buying drives Sensex 447 points higher, Nifty above 14,900; M&M, Bajaj Auto rise up to 5%

  • IT stocks and HDFC Bank lead the market gains
  • 25 of 30 Sensex stocks end the day in the green
  • Index contributors: Infosys, TCS, HDFC Bank, M&M, HUL
  • Top Index gainers: M&M (4.76%), NTPC (3.69%), Bajaj Auto (3.53%)
  • Top Index losers: ONGC (2.69%), HDFC (1.20%), DRL (1.04%)
  • All BSE sectoral indices end the day in the green
  • S&P BSE AUTO biggest sectoral gainer, up 3.18%
  • Volume toppers: SBI, Airtel, Infosys, RIL, Maruti
CLOSING BELL: Fag-end buying drives Sensex 447 points higher, Nifty above 14,900; M&M, Bajaj Auto rise up to 5%

Gold prices may bounce back towards Rs 50,000 in the medium term

Gold prices may continue to remain subdued for some more time, as the dollar is expected to be on the stronger side.

Gold prices may bounce back towards Rs 50,000 in the medium term

Candle Screener

Discover & screen trade opportunities

Here are all the gainers in the real estate space

Price as on 02 Mar, 2021 03:04 PM, Click on company names for their live prices.

10 commodity bets that analysts say can give solid returns in the near term

Commodities are the talk of the town as most of them are rising. However, bearishness can also be found in some pockets. Here are 10 commodity bets that analysts say can deliver solid returns in the near term.

10 commodity bets that analysts say can give solid returns in the near term

Here are the top gainers and losers in the tourism and hospitality space

Price as on 02 Mar, 2021 02:32 PM, Click on company names for their live prices.

Buy BPCL, target price Rs 495: Emkay

Buy BPCL, target price Rs 495: Emkay

Nifty Bank index edges lower to around 35,250 mark

Price as on 02 Mar, 2021 02:19 PM, Click on company names for their live prices.

MTAR Technologies IPO: Key things to know before you apply

MTAR Technologies IPO: Key things to know before you apply

Buy Aditya Birla Fashion and Retail, target Rs 230: Motilal Oswal

Buy Aditya Birla Fashion and Retail, target Rs 230: Motilal Oswal

Auto stocks surge for second straight day; Nifty Auto index jumps 3%

Price as on 02 Mar, 2021 01:53 PM, Click on company names for their live prices.

Metal is an old story, allocate upto 33% to new gig economy stocks: Ajay Srivastava

Metal is an old story, allocate upto 33% to new gig economy stocks: Ajay Srivastava

MTAR Tech IPO: Grey market is looking thrilled about issue’s prospects

MTAR Tech IPO: Grey market is looking thrilled about issue's prospects

Anupam Rasayan gets Sebi nod for Rs 760-crore IPO

Specialty chemicals company Anupam Rasayan has received market regulator Sebi’s approval to raise Rs 760 crore through an initial public offer. The company, which had filed the preliminary papers in December, obtained its observation on February 26, according to a Sebi notification.

Anupam Rasayan gets Sebi nod for Rs 760-crore IPO

Wall Street bullishness close to flashing contrarian sell signal

Wall Street bullishness close to flashing contrarian sell signal

VIX drops over 4%

NSE’s India VIX index — which gauges the expectation of volatility in the near term — declined 4.24% to 24.54, having dropped to as low as 23.72 earlier on Tuesday.

Rupee appreciates to 73.31 against dollar

The rupee appreciated by 24 paise to 73.31 against the US dollar on Tuesday supported by positive domestic equities amid improving risk appetite. At the interbank forex market, the rupee opened at 73.32 against the greenback, and moved to 73.31.

Adani Power, ZEEL, JSW Energy among 74 stocks that may rally in coming days

Adani Power, ZEEL, JSW Energy among 74 stocks that may rally in coming days

‘Neutral’ on SBI Card, target price Rs 1,200: Motilal Oswal

https://economictimes.indiatimes.com/

Asian markets were trading in the green with reduced concerns over inflation. Domestic sentiment remains positive, with investors remaining positive, after the Crisil report that the timely intervention by the government has helped the economy recover faster than expected. Bank credit is also expected to grow to 9-10% in the next financial year. In the current financial year, it is expected to grow 4-5%. The advance-decline ratio still shows positivity as the ratio is 36:14.

– Gaurav Garg, CapitalVia Global Research

BSE 500 index up 0.6%; Shipping Corporation, Just Dial, Symphony, Jai Corp, Adani Power top performers among over 340 gainers

Price as on 02 Mar, 2021 12:19 PM, Click on company names for their live prices.

Taking a decision with your eyes closed! Can it work in investing?

Why Nischal Maheshwari is gung-ho on SBI and ICICI Bank

Why Nischal Maheshwari is gung-ho on SBI and ICICI Bank

Commodities strategies: How gold and silver may trade today

Commodities strategies: How gold and silver may trade today

BPCL refinery stake sale opens up door for high dividends, privatisation

Shares of privatisation-bound BPCL climbed nearly 6% after it exited Numaligarh refinery in Assam by selling its entire stake to a consortium of Oil India and Engineers India for Rs 9,876 crore.

BPCL refinery stake sale opens up door for high dividends, privatisation

168 stocks hit 52-week highs on NSE

Price as on 02 Mar, 2021 11:25 AM, Click on company names for their live prices.

Nifty50 trims day’s gain, above 14,750; HDFC, ICICI Bank, Kotak Mahindra Bank drag market

Nifty50 trims day's gain, above 14,750; HDFC, ICICI Bank, Kotak Mahindra Bank drag market

Lesson from the Gita for market practitioners: Different paths to the same goal

“As you grow older, your reading pattern changes. I find myself engaging in more of spiritual reading and, of course, many of those texts are based on concepts from the Bhagavad Gita,” writes CK Narayan.

Airtel, Vi, RIL shares gain on Day 2 of spectrum auction

Price as on 02 Mar, 2021 10:41 AM, Click on company names for their live prices.

Infosys, HDFC Bank, RIL, TCS top boosts for Sensex

On the other hand, HDFC was the biggest drag.

Infosys, HDFC Bank, RIL, TCS top boosts for Sensex

On the upside, 14,900-15,000 will be the immediate resistance range for Nifty50 and one should look to lighten up trading longs on a pullback towards this range. A move above the recent swing high of 15,178 will only negate the recent short-term corrective structure. On the flipside, 14,630 followed by 14,500 are the immediate supports for the index.

– Sameet Chavan, Angel Broking

NTPC, M&M, Infosys, Tech Mahindra top Sensex gainers

ONGC, HDFC, Kotak Mahindra Bank were the only laggards in the 30-scrip benchmark index in early deals.

NTPC, M&M, Infosys, Tech Mahindra top Sensex gainers

Buy AU Small Finance, Granules, Grasim: Reliance Securities

Here are three intraday picks from the brokerage:

  • AUBANK (PREVIOUS CLOSE: Rs 1,148) | BUY

For today’s trade, a long position can be initiated in the range of Rs 1,136-1,129 for a target price of Rs 1195 with a strict stop loss at Rs 1,114.

  • GRANULES (PREVIOUS CLOSE: Rs 342) | BUY

A long position can be initiated in the range of Rs 336-333 for a target of Rs 352 with a strict stop loss at Rs 324.

  • GRASIM (PREVIOUS CLOSE: 1266) | BUY

A long position can be initiated in the range of Rs 1,250-1,240 for a target of Rs 1,295 with a strict stop loss at Rs 1,230.

OPENING BELL | Sensex rises 300 points, Nifty above 14,850

MRPL jumps 5%, ONGC drops 3%

Pre-open session: Sensex jumps 450 points, Nifty nears 15,000

SGX Nifty signals gap-up start

Nifty futures on the Singapore Exchange traded 101.5 points, or 0.69 per cent, higher at 14,894.50 in signs that Dalal Street was headed for a positive start on Tuesday.

Tech View: No follow-through selling a respite

Nifty50 on Monday topped the 14,750 level and formed an Inside Bar on the daily chart. The price action for the day was noteworthy. First, there was no follow-through to the long bearish candle on Friday. Second, the 50-pack index took support from a rising 50-day moving average and at 50 per cent retracement of 13,596-15,431 rally. Besides, the index broke below minor swing low of 14,613, before seeing recovery, said independent analyst Manish Shah.

Asian shares rise as risk assets shine

Asian shares are poised to rally on Tuesday as a halt in a recent bond markets sell-off calmed investor nerves and lifted riskier assets, although oil prices were on the defensive on fears of slowing Chinese energy consumption. Australian shares jumped 0.8 per cet in early trade, while E-mini S&P futures climbed 0.15 per cent. Japan’s Nikkei opened 0.93 per cent higher.

FIIs buy Rs 125 crore worth stocks

Net-net, foreign portfolio investors (FPIs) were buyers of domestic stocks to the tune of Rs 125 crore, data available with NSE suggested. DIIs were net sellers to the tune of Rs 194.88 crore, data suggests.

US stocks surge on optimism over vaccines, stimulus

Major indices leapt at the open and remained in positive territory the entire day, led by the tech-rich Nasdaq Composite Index, which jumped 3.0 percent to close at 13,588.83, its best day since November. The Dow Jones Industrial Average climbed 2 per cent to end 31,535.51, while the broad-based S&P500 index gained 2.4 percent to 3,901.82, its best session since June.

Rupee drops 8 paise to 73.55 against dollar as oil spikes

The rupee dropped by 8 paise to close at 73.55 against the US dollar on Monday, extending its falling streak to a third day due to spike in global crude oil prices and strong American currency. At the interbank forex market, the local unit opened lower at 73.76 against the greenback and witnessed an intra-day high of 73.19.

Sensex, Nifty on Monday

BSE Sensex surged nearly 750 points and NSE Nifty rallied over 232 points on Monday as investors cheered the domestic economy returning to positive territory after two quarters of contraction. The 30-share index briefly traded above the 50,000-mark in day trade before closing at 49,849.84, showing a rise of 749.85 points or 1.53 per cent. Of the Sensex constituents, 29 closed with gains. Likewise, the NSE barometer Nifty settled with a gain of 232.40 points or 1.60 per cent at 14,761.55.

Good morning, dear reader! Here’s something to kickstart your trading day

Good morning, dear reader! Here's something to kickstart your trading day

var urlParams = window.URLSearchParams && new URLSearchParams(window.location.search),
optParam = urlParams.get && urlParams.get(‘opt’);

var objSec = {template: ‘liveblog’, msid:’81285015′, secNames: [],secIds:[‘2147477890′,’12250254′,’52850213’]};

var tmplName = tpName = ‘liveblog’,lang = “https://economictimes.indiatimes.com/”,nav_sec1,newHookId,subsec1_value,subsec1_common = ‘12250254’,newHookId2,subsec2_value,subsec2_common = ‘52850213’;
var objVc = {version_on:’20210302162448′,js_etsubscription:’1′,js_onboarding_popup_sh:’7′,js_comments:’111′,js_googleslock:’782′,js_googlelogin:’56’,js_common_buydirect:’749′,js_bookmark:’18’,js_articleshow_main:’47’,js_login:’46’,js_datepicker:’2′,js_electionsmn:’22’,js_push:’54’,css_buydirect:’14’,js_tradenow:’19’,js_commonall:’138′,lib_login:’https://jssocdn.indiatimes.com/crosswalk/jsso_crosswalk_legacy_0.5.9.min.js’,live_tv:'{“onoff_flag”:”0″,”platform”:”desktop”,”sections”:[“1977021501″,”1715249553″,”13352306″,”5575607″,”837555174″,”359241701″,”13357270″,”107115″,”897228639″,”7771250″,”1466318837″],”pages”:”all”,”auto_open”:”1″,”default_tv”:”0″,”timePeriod”:{“showTimeFlag”:false,”fromTime”:”https://economictimes.indiatimes.com/”,”toTime”:”https://economictimes.indiatimes.com/”}}’,global_cube:’0′,global_cube_wap:’0′,global_cube_faces:’2′,global_cube_fullad:’0′,global_cube_landingon:’sensex’,global_cube_wap_url:’https://m.economictimes.com/iframe_cube.cms’,site_sync:’0′,adx:’1′,amazon_bidding:’0′,js_newsltrpopup:’120′,nlExpiry:’864000′,nlReloadExpiry:’30’,fan_ads:’0′,plan_on_paywall:’0′,trackAdCode:’0′,ajaxError:’1′,oauth:’oauth’,planPage:”https://economictimes.indiatimes.com/plans.cms”,planPageTest:’https://economictimes.indiatimes.com/plans.cms’,subscriptions:’subscriptions’,krypton:’kryptonp’,apw:’apw’,nlSubscribe:’etsub3′};
if(window.location.host == ‘economictimes-pp.indiatimes.com’) {
objVc.oauth = ‘oauth-pp’;
objVc.krypton = ‘krypton-pp’;
objVc.subscriptions = ‘subscriptions-pp’;
objVc.apw = ‘apw-pp’;
}
var objDim = {d52:’nature_of_content’,d96:’continuous_paywall_hits’,d95:’monthly_article_count’,d10:’user_login_status_hit’,d54:’content_shelf_life’,d98:’daily_paid_article_count’,d53:’content_target_audience’,d97:’monthly_paid_article_count’,d12:’tags_meta_keyword’,d56:’degree_of_conten’,d11:’content_theme_the_primary_tag’,d55:’content_tone’,d14:’special_coverage’,d58:’et_product_item’,d13:’article_publish_time’,d16:’video_embed’,d15:’audio_embed’,d59:’show_paywall_final’,d61:’paywall_probability’,d60:’paywall_score’,d63:’paid_articles_read’,d62:’eligibility_paywall_rule’,d65:’bureau_articles_read’,d20:’platform’,d64:’free_articles_read’,d23:’author_id’,d67:’loyalty’,d66:’article_length’,d25:’page_template’,d24:’syft_initiate_page’,d68:’paywall_hits’,d27:’site_sub_section’,d26:’site_section’,d29:’section_id’,d28:’prime_deal_code’,d70:’us_election_2020′,d72:’paywall_experiment’,d71:’plan_group_id’,d32:’prime_article_read_before_syft’,d75:’watchlist_active_status’,d34:’content_age’,d33:’prime_article_read_before_success’,d36:’sign_in_initiation_position’,d35:’subscription_method_hit’,d37:’user_subscription_status’,d1:’et_product’,d2:’blocker_type’,d3:’user_login_status_hit’,d4:’agency’,d5:’author_name’,d6:’cms_content_publishing_type’,d7:’content_personalisation_level’,d8:’article_publish_date’,d9:’sub_section_name’,d40:’freeread’,d45:’prime_hp_ui_template’,d47:’prime_hp_ui_content_b_color’,d46:’prime_hp_ui_content_size’,d49:’syft_initiate_position’,d48:’content_msid’,d92:’last_click_source’,d50:’signin_initiate_page’,d94:’daily_article_count’,d93:’internal_source’};var serverTime = ‘03.02.2021 16:29:51’;var WRInitTime=(new Date()).getTime();
(function () {if (self !== top) {var e = function (s) {return document.getElementsByTagName(s)}; e(“head”)[0].innerHTML = ‘

‘; setTimeout(function () {e(“body”)[0].innerHTML = “https://economictimes.indiatimes.com/”; var hEle = e(“html”)[0]; hEle.innerHTML = ‘economictimes.indiatimes.com’; hEle.className = “https://economictimes.indiatimes.com/”; top.location = self.location; }, 0);}})();

_log = window.console && console.log ? console.log : function () {};
// Creating Elements for IE : HTML 5 and cross domain checks
(function () { var elem = [“article”, “aside”, “figure”, “footer”, “figcaption”, “header”, “nav”, “section”, “time”];
for(var i=0; i -1) { window[disableStr + ‘-‘ + gaProperty] = true; }

ga(‘set’, ‘anonymizeIp’, true);
ga(‘create’, gaProperty, ‘auto’, {‘allowLinker’: true});
ga(‘require’, ‘linker’);
ga(‘linker:autoLink’, [‘economictimes.com’]);
ga(‘require’, ‘displayfeatures’);
window.optimizely = window.optimizely “https://economictimes.indiatimes.com/” [];
window.optimizely.push(“activateUniversalAnalytics”);
ga(‘require’, ‘GTM-WV452H7’);

(function () {
var a = window.localStorage && localStorage.getItem(‘et_syftCounter’) “https://economictimes.indiatimes.com/” “https://economictimes.indiatimes.com/”;
a = a && JSON.parse(a) “https://economictimes.indiatimes.com/” {};
if(a.beforeSyft && customDimension) {
customDimension.dimension32 = a.beforeSyft;
}
if(a.afterSyft) {
customDimension.dimension33 = a.afterSyft;
}
})()

if(customDimension){
customDimension.dimension25 = “liveblog”;
customDimension.dimension26 = “Home”;
customDimension.dimension27 = “//”;
customDimension.dimension29 = “12250254”;
customDimension.dimension48 = “81285015”;
customDimension.dimension57 = _tiluuid;

}

var trafficSource = “https://economictimes.indiatimes.com/”;
function getjStorageVal(keyName) { var jString = localStorage.getItem(“jStorage”), value = “https://economictimes.indiatimes.com/”; try { if(jString) { var objJstorage = JSON.parse(jString); value = objJstorage[keyName] ? objJstorage[keyName] : “https://economictimes.indiatimes.com/”; } } catch (e) {} return value; }
(function () {
function addZero(num) {return (num >= 0 && num -1) {
subsStatus = ‘Expired User’;
} else if (grx_userPermission.indexOf(“subscribed”) > -1 && grx_userPermission.indexOf(“cancelled_subscription”) > -1 && grx_userPermission.indexOf(“can_buy_subscription”) > -1) {
subsStatus = ‘Paid User – In Trial’;
} else if(grx_userPermission.indexOf(“subscribed”) > -1) {
subsStatus = ‘Paid User’;
b.classList.add(“prime_user”);
} else if(grx_userPermission.indexOf(“etadfree_subscribed”) > -1) {
subsStatus = ‘Ad Free User’;
}
} catch (e) {}
} else {
grxDimension[objDim[‘d3’]] = ‘NONLOGGEDIN’;
}
if(subsStatus == ‘Free User”https://economictimes.indiatimes.com/”| subsStatus == ‘Expired User’) {
b.classList.add(“free_user”);
}
grxDimension[objDim[‘d37’]] = subsStatus;
try {
if(window.localStorage && localStorage.getItem) {
var jString = localStorage.getItem(“jStorage”);
if(jString) {
var objJstorage = JSON.parse(jString), objProf = objJstorage[‘et_subscription_profile’];
for (var attrname in objProf) { grxDimension[attrname] = objProf[attrname]; }
}
}
}catch(e) {
console.log(‘Error profile Dimension’);
}
})()

grx(‘track’, ‘page_view’, grxDimension);

if(window.allowGdpr == 1 && (typeof skip == ‘undefined”https://economictimes.indiatimes.com/”| typeof skip.fbevents == ‘undefined’)) {
!function(f,b,e,v,n,t,s)
{if(f.fbq)return;n=f.fbq=function(){n.callMethod?
n.callMethod.apply(n,arguments):n.queue.push(arguments)};
if(!f._fbq)f._fbq=n;n.push=n;n.loaded=!0;n.version=’2.0′;
n.queue=[];t=b.createElement(e);t.async=!0;
t.src=v;s=b.getElementsByTagName(e)[0];
s.parentNode.insertBefore(t,s)}(window, document,’script’,
‘https://connect.facebook.net/en_US/fbevents.js’);
fbq(‘init’, ‘338698809636220’);
fbq(‘track’, ‘PageView’);
}

var _comscore = _comscore “https://economictimes.indiatimes.com/” [];
_comscore.push({ c1: “2”, c2: “6036484”});

if(window.allowGdpr == 1) {
(function() {
var s = document.createElement(‘script’), el = document.getElementsByTagName(“script”)[0]; s.async = true;
s.src = (document.location.protocol == “https:” ? “https://sb” : “http://b”) + “.scorecardresearch.com/beacon.js”;
el.parentNode.insertBefore(s, el);
})();
}

if(window.allowGdpr == 1) {
(function() {
function pingIbeat() {
window._pg_endpt=(new Date()).getTime();
var e = document.createElement(‘script’);
e.setAttribute(‘language’, ‘javascript’);
e.setAttribute(‘type’, ‘text/javascript’);
e.setAttribute(‘async’, true);
var dt = window.dateFormat ? dateFormat(new Date(), ‘%Y%M%d’) : 1;
var sd = window.objDomain && objDomain.js “https://economictimes.indiatimes.com/” “https://economictimes.indiatimes.com/”;
e.setAttribute(‘src’, sd + ‘/js_ibeat_ext.cms?v=’ + dt);
//e.setAttribute(‘src’, “https://agi-static.indiatimes.com/cms-common/ibeat.min.js”);
document.head.appendChild(e);
}
if(typeof window.addEventListener == ‘function’) {
window.addEventListener(“load”, pingIbeat, false);
} else {
var oldonload = window.onload;
window.onload = (typeof window.onload != ‘function’) ?
pingIbeat : function() { oldonload(); pingIbeat(); };
}
})();
}

}

Share this post

Share on facebook
Share on google
Share on twitter
Share on linkedin
Share on pinterest
Share on print
Share on email

Related Posts

Forex Pulse Detector

Recent Posts