Builtup of long positions were seen in Zee Entertainment, Equitas, Eicher Motors, Bosch and HDFC, while shorts were seen in Infosys, Hexaware, Wipro, Ambuja Cement and TCS.
Bank Nifty Till the time, it sustains above 30,800, we maintain positive stance for an upside momentum towards 31,500–31,800, while next support is below 30,800 is placed at 30,350.
Bank Nifty It continued to make higher highs and higher lows for the sixth consecutive week, and thus the overall trend remains positive.
Bank Nifty corrected by 0.76 per cent and formed a red body candle on the daily chart. The index, which concluded the week with a marginal gain of 0.33 per cent, formed a Doji candle on the weekly scale.
Nifty futures fell 0.51 per cent to 11,913 level.
Stocks at 52-week high On the other hand, Blue Dart, Dollar Industries, Deccan Cements, V-Mart, Sobha and Zuari Global stood among 60 firms which hit a fresh 52-week low.
Stocks at 52-week high As many as 18 stocks on the NSE scaled their fresh record high on Friday. The list included stocks such as Adani Green Energy, Affle (India), Agro Phos India, Ankit Metal, DLF, Essel Propack, HDFC AMC, JM Financial, Polycab India, Pfizer and Rallis India.
43 stocks flash ‘sell’ signal MACD gave buy signals for IDBI Bank, Infibeam Avenues, Adani Green and Jagran Prakashan.
43 stocks flash ‘sell’ signal As many as 43 stocks crossed below the MACD signal line to flash ‘sell’ signals. They included HDFC Bank, Hudco, Raymond, Divi’s Lab, DCB Bank, Kesoram Industries and Reliance Industries, among others.
Most active stocks In terms of transacted volume, Vodafone Idea topped the charts. Others among the top five included YES Bank, Zee, Dish TV, Indiabulls Housing and SAIL.
Most active stocks Zee Entertainment was the most active stock in terms of transacted value on the NSE, followed by RIL, Indiabulls Housing Finance, Infosys, State Bank of India, ICICI Bank and RBL Bank.
Midcaps and smallcaps outperform Mphasis, Concor and Bayercrop also retreated between 2-4%. On the other hand, Gayatri Projects, Uco Bank, Zee Learn and Tejas Network declined 7-10% in the smallcap space.
Midcaps and smallcaps outperform Broader market outpaced benchmarks as BSE Smallcap closed 0.03% down at 13,353, while Midcap index settled 0.14% down at 14,738. With a fall of 4% each, IGL and Castrol India stood among top losers among midcaps.
IT index cracks the most Heavy selling in Infosys (down 2.89%) and TCS (down 2.20%) dragged the BSE IT index (down 2.21%) the most among the sectoral indices on the exchange.
Shares of telecom majors including Bharti Airtel and Vodafone Idea plunged for the second straight session after the recent rally. The former closed 2.09% down at 417.35, while the latter settled 1.36% lower at Rs 6.55.
▶ SBI, Axis Bank to HDFC Bank - These banking shares to help Bank Nifty climb 32,000 mark, say experts - Zee Business: SBI, Axis Bank to HDFC Bank - These banking shares to help Bank Nifty climb 32,000 mark, say experts Zee Business GOOGLE
Nifty: 11914.4 down -54 pts (-0.45%) BankNifty: 31111.6 down -238.35 pts (-0.76%) NiftyMidcap50: 4618.85 up 2 pts (0.04%) Nifty Future: 11913.00 BankNifty Future: 31125.45 #GoogleFinance #NSEUpdates #BSE
Buy 10 CURMON #HAVELLS contracts at 640.7, Sell 9 CURMON #NIFTY contracts at 11909.7. Confidence = 74%, on 2019-11-22::15:15:03
Market News Trending Companies
|Bharti Airtel Ltd||420.65||-1.87%|
|RBL Bank Ltd||359.30||8.03%|
|IDBI Bank Ltd||38.70||19.88%|
|Muthoot Finance Ltd||685.20||-0.31%|
|HDFC Bank Ltd||1264.75||-1.32%|
|Axis Bank Ltd||732.10||-0.93%|
|Sanofi India Ltd||6797.60||-1.31%|
|Dewan Housing Finance Corp Ltd||22.20||4.96%|
|Eicher Motors Ltd||22753.20||4.07%|
|AU Small Finance Bank Ltd||802.30||-2.09%|
|Nestle India Ltd||14171.50||-0.21%|
|End of day prices|