Stock Market Today: Sensex, Nifty End Topsy-Turvy Session Little Changed

The local currency weakened by 7 paise to 83.57 against the US dollar.

It closed at 83.50 on Monday.

Source: Cogencis

India's benchmark equity gauges ended erased all their gains in the last hour of the session and ended little changed from Monday's close as losses in the shares of Reliance Industries and ICICI Bank weighed.

The Nifty ended at 23,264.85, up by 5.65 points or 0.02% and the Sensex closed lower by 33.48 points or 0.04% at 76,456.59. Intraday, the Nifty gained as much as 0.56% and the Sensex gained 0.48%.

"The short-term texture suggesting 23400/77000 would be the key resistance zone for the short-term traders, while 23200/76300 would act as a crucial support zone," said Shrikant Chouhan, head of equity research at Kotak Securities. "We are of the view that, post 23400/77000 breakout the market could rally up to 23500-23525/77300-77400."

India's benchmark equity gauges ended erased all their gains in the last hour of the session and ended little changed from Monday's close as losses in the shares of Reliance Industries and ICICI Bank weighed.

The Nifty ended at 23,264.85, up by 5.65 points or 0.02% and the Sensex closed lower by 33.48 points or 0.04% at 76,456.59. Intraday, the Nifty gained as much as 0.56% and the Sensex gained 0.48%.

"The short-term texture suggesting 23400/77000 would be the key resistance zone for the short-term traders, while 23200/76300 would act as a crucial support zone," said Shrikant Chouhan, head of equity research at Kotak Securities. "We are of the view that, post 23400/77000 breakout the market could rally up to 23500-23525/77300-77400."

India's benchmark equity gauges ended erased all their gains in the last hour of the session and ended little changed from Monday's close as losses in the shares of Reliance Industries and ICICI Bank weighed.

The Nifty ended at 23,264.85, up by 5.65 points or 0.02% and the Sensex closed lower by 33.48 points or 0.04% at 76,456.59. Intraday, the Nifty gained as much as 0.56% and the Sensex gained 0.48%.

"The short-term texture suggesting 23400/77000 would be the key resistance zone for the short-term traders, while 23200/76300 would act as a crucial support zone," said Shrikant Chouhan, head of equity research at Kotak Securities. "We are of the view that, post 23400/77000 breakout the market could rally up to 23500-23525/77300-77400."

India's benchmark equity gauges ended erased all their gains in the last hour of the session and ended little changed from Monday's close as losses in the shares of Reliance Industries and ICICI Bank weighed.

The Nifty ended at 23,264.85, up by 5.65 points or 0.02% and the Sensex closed lower by 33.48 points or 0.04% at 76,456.59. Intraday, the Nifty gained as much as 0.56% and the Sensex gained 0.48%.

"The short-term texture suggesting 23400/77000 would be the key resistance zone for the short-term traders, while 23200/76300 would act as a crucial support zone," said Shrikant Chouhan, head of equity research at Kotak Securities. "We are of the view that, post 23400/77000 breakout the market could rally up to 23500-23525/77300-77400."

India's benchmark equity gauges ended erased all their gains in the last hour of the session and ended little changed from Monday's close as losses in the shares of Reliance Industries and ICICI Bank weighed.

The Nifty ended at 23,264.85, up by 5.65 points or 0.02% and the Sensex closed lower by 33.48 points or 0.04% at 76,456.59. Intraday, the Nifty gained as much as 0.56% and the Sensex gained 0.48%.

"The short-term texture suggesting 23400/77000 would be the key resistance zone for the short-term traders, while 23200/76300 would act as a crucial support zone," said Shrikant Chouhan, head of equity research at Kotak Securities. "We are of the view that, post 23400/77000 breakout the market could rally up to 23500-23525/77300-77400."

India's benchmark equity gauges ended erased all their gains in the last hour of the session and ended little changed from Monday's close as losses in the shares of Reliance Industries and ICICI Bank weighed.

The Nifty ended at 23,264.85, up by 5.65 points or 0.02% and the Sensex closed lower by 33.48 points or 0.04% at 76,456.59. Intraday, the Nifty gained as much as 0.56% and the Sensex gained 0.48%.

"The short-term texture suggesting 23400/77000 would be the key resistance zone for the short-term traders, while 23200/76300 would act as a crucial support zone," said Shrikant Chouhan, head of equity research at Kotak Securities. "We are of the view that, post 23400/77000 breakout the market could rally up to 23500-23525/77300-77400."

Shares of Reliance Industries Ltd., ICICI Bank Ltd., Kotak Mahindra Bank Ltd., ITC Ltd., and Axis Bank Ltd. weighed on the Nifty.

While those of Larsen & Toubro Ltd., Oil & Natural Gas Corp. Ltd., Tata Motors Ltd., Maruti Suzuki India Ltd, and Mahindra & Mahindra Ltd. minimised the losses

India's benchmark equity gauges ended erased all their gains in the last hour of the session and ended little changed from Monday's close as losses in the shares of Reliance Industries and ICICI Bank weighed.

The Nifty ended at 23,264.85, up by 5.65 points or 0.02% and the Sensex closed lower by 33.48 points or 0.04% at 76,456.59. Intraday, the Nifty gained as much as 0.56% and the Sensex gained 0.48%.

"The short-term texture suggesting 23400/77000 would be the key resistance zone for the short-term traders, while 23200/76300 would act as a crucial support zone," said Shrikant Chouhan, head of equity research at Kotak Securities. "We are of the view that, post 23400/77000 breakout the market could rally up to 23500-23525/77300-77400."

India's benchmark equity gauges ended erased all their gains in the last hour of the session and ended little changed from Monday's close as losses in the shares of Reliance Industries and ICICI Bank weighed.

The Nifty ended at 23,264.85, up by 5.65 points or 0.02% and the Sensex closed lower by 33.48 points or 0.04% at 76,456.59. Intraday, the Nifty gained as much as 0.56% and the Sensex gained 0.48%.

"The short-term texture suggesting 23400/77000 would be the key resistance zone for the short-term traders, while 23200/76300 would act as a crucial support zone," said Shrikant Chouhan, head of equity research at Kotak Securities. "We are of the view that, post 23400/77000 breakout the market could rally up to 23500-23525/77300-77400."

India's benchmark equity gauges ended erased all their gains in the last hour of the session and ended little changed from Monday's close as losses in the shares of Reliance Industries and ICICI Bank weighed.

The Nifty ended at 23,264.85, up by 5.65 points or 0.02% and the Sensex closed lower by 33.48 points or 0.04% at 76,456.59. Intraday, the Nifty gained as much as 0.56% and the Sensex gained 0.48%.

"The short-term texture suggesting 23400/77000 would be the key resistance zone for the short-term traders, while 23200/76300 would act as a crucial support zone," said Shrikant Chouhan, head of equity research at Kotak Securities. "We are of the view that, post 23400/77000 breakout the market could rally up to 23500-23525/77300-77400."

India's benchmark equity gauges ended erased all their gains in the last hour of the session and ended little changed from Monday's close as losses in the shares of Reliance Industries and ICICI Bank weighed.

The Nifty ended at 23,264.85, up by 5.65 points or 0.02% and the Sensex closed lower by 33.48 points or 0.04% at 76,456.59. Intraday, the Nifty gained as much as 0.56% and the Sensex gained 0.48%.

"The short-term texture suggesting 23400/77000 would be the key resistance zone for the short-term traders, while 23200/76300 would act as a crucial support zone," said Shrikant Chouhan, head of equity research at Kotak Securities. "We are of the view that, post 23400/77000 breakout the market could rally up to 23500-23525/77300-77400."

India's benchmark equity gauges ended erased all their gains in the last hour of the session and ended little changed from Monday's close as losses in the shares of Reliance Industries and ICICI Bank weighed.

The Nifty ended at 23,264.85, up by 5.65 points or 0.02% and the Sensex closed lower by 33.48 points or 0.04% at 76,456.59. Intraday, the Nifty gained as much as 0.56% and the Sensex gained 0.48%.

"The short-term texture suggesting 23400/77000 would be the key resistance zone for the short-term traders, while 23200/76300 would act as a crucial support zone," said Shrikant Chouhan, head of equity research at Kotak Securities. "We are of the view that, post 23400/77000 breakout the market could rally up to 23500-23525/77300-77400."

India's benchmark equity gauges ended erased all their gains in the last hour of the session and ended little changed from Monday's close as losses in the shares of Reliance Industries and ICICI Bank weighed.

The Nifty ended at 23,264.85, up by 5.65 points or 0.02% and the Sensex closed lower by 33.48 points or 0.04% at 76,456.59. Intraday, the Nifty gained as much as 0.56% and the Sensex gained 0.48%.

"The short-term texture suggesting 23400/77000 would be the key resistance zone for the short-term traders, while 23200/76300 would act as a crucial support zone," said Shrikant Chouhan, head of equity research at Kotak Securities. "We are of the view that, post 23400/77000 breakout the market could rally up to 23500-23525/77300-77400."

India's benchmark equity gauges ended erased all their gains in the last hour of the session and ended little changed from Monday's close as losses in the shares of Reliance Industries and ICICI Bank weighed.

The Nifty ended at 23,264.85, up by 5.65 points or 0.02% and the Sensex closed lower by 33.48 points or 0.04% at 76,456.59. Intraday, the Nifty gained as much as 0.56% and the Sensex gained 0.48%.

"The short-term texture suggesting 23400/77000 would be the key resistance zone for the short-term traders, while 23200/76300 would act as a crucial support zone," said Shrikant Chouhan, head of equity research at Kotak Securities. "We are of the view that, post 23400/77000 breakout the market could rally up to 23500-23525/77300-77400."

India's benchmark equity gauges ended erased all their gains in the last hour of the session and ended little changed from Monday's close as losses in the shares of Reliance Industries and ICICI Bank weighed.

The Nifty ended at 23,264.85, up by 5.65 points or 0.02% and the Sensex closed lower by 33.48 points or 0.04% at 76,456.59. Intraday, the Nifty gained as much as 0.56% and the Sensex gained 0.48%.

"The short-term texture suggesting 23400/77000 would be the key resistance zone for the short-term traders, while 23200/76300 would act as a crucial support zone," said Shrikant Chouhan, head of equity research at Kotak Securities. "We are of the view that, post 23400/77000 breakout the market could rally up to 23500-23525/77300-77400."

Shares of Reliance Industries Ltd., ICICI Bank Ltd., Kotak Mahindra Bank Ltd., ITC Ltd., and Axis Bank Ltd. weighed on the Nifty.

While those of Larsen & Toubro Ltd., Oil & Natural Gas Corp. Ltd., Tata Motors Ltd., Maruti Suzuki India Ltd, and Mahindra & Mahindra Ltd. minimised the losses

Nifty Media and Nifty Oil & Gas were the top gainers whereas Nifty Pharma lost the most.

India's benchmark equity gauges ended erased all their gains in the last hour of the session and ended little changed from Monday's close as losses in the shares of Reliance Industries and ICICI Bank weighed.

The Nifty ended at 23,264.85, up by 5.65 points or 0.02% and the Sensex closed lower by 33.48 points or 0.04% at 76,456.59. Intraday, the Nifty gained as much as 0.56% and the Sensex gained 0.48%.

"The short-term texture suggesting 23400/77000 would be the key resistance zone for the short-term traders, while 23200/76300 would act as a crucial support zone," said Shrikant Chouhan, head of equity research at Kotak Securities. "We are of the view that, post 23400/77000 breakout the market could rally up to 23500-23525/77300-77400."

India's benchmark equity gauges ended erased all their gains in the last hour of the session and ended little changed from Monday's close as losses in the shares of Reliance Industries and ICICI Bank weighed.

The Nifty ended at 23,264.85, up by 5.65 points or 0.02% and the Sensex closed lower by 33.48 points or 0.04% at 76,456.59. Intraday, the Nifty gained as much as 0.56% and the Sensex gained 0.48%.

"The short-term texture suggesting 23400/77000 would be the key resistance zone for the short-term traders, while 23200/76300 would act as a crucial support zone," said Shrikant Chouhan, head of equity research at Kotak Securities. "We are of the view that, post 23400/77000 breakout the market could rally up to 23500-23525/77300-77400."

India's benchmark equity gauges ended erased all their gains in the last hour of the session and ended little changed from Monday's close as losses in the shares of Reliance Industries and ICICI Bank weighed.

The Nifty ended at 23,264.85, up by 5.65 points or 0.02% and the Sensex closed lower by 33.48 points or 0.04% at 76,456.59. Intraday, the Nifty gained as much as 0.56% and the Sensex gained 0.48%.

"The short-term texture suggesting 23400/77000 would be the key resistance zone for the short-term traders, while 23200/76300 would act as a crucial support zone," said Shrikant Chouhan, head of equity research at Kotak Securities. "We are of the view that, post 23400/77000 breakout the market could rally up to 23500-23525/77300-77400."

India's benchmark equity gauges ended erased all their gains in the last hour of the session and ended little changed from Monday's close as losses in the shares of Reliance Industries and ICICI Bank weighed.

The Nifty ended at 23,264.85, up by 5.65 points or 0.02% and the Sensex closed lower by 33.48 points or 0.04% at 76,456.59. Intraday, the Nifty gained as much as 0.56% and the Sensex gained 0.48%.

"The short-term texture suggesting 23400/77000 would be the key resistance zone for the short-term traders, while 23200/76300 would act as a crucial support zone," said Shrikant Chouhan, head of equity research at Kotak Securities. "We are of the view that, post 23400/77000 breakout the market could rally up to 23500-23525/77300-77400."

India's benchmark equity gauges ended erased all their gains in the last hour of the session and ended little changed from Monday's close as losses in the shares of Reliance Industries and ICICI Bank weighed.

The Nifty ended at 23,264.85, up by 5.65 points or 0.02% and the Sensex closed lower by 33.48 points or 0.04% at 76,456.59. Intraday, the Nifty gained as much as 0.56% and the Sensex gained 0.48%.

"The short-term texture suggesting 23400/77000 would be the key resistance zone for the short-term traders, while 23200/76300 would act as a crucial support zone," said Shrikant Chouhan, head of equity research at Kotak Securities. "We are of the view that, post 23400/77000 breakout the market could rally up to 23500-23525/77300-77400."

India's benchmark equity gauges ended erased all their gains in the last hour of the session and ended little changed from Monday's close as losses in the shares of Reliance Industries and ICICI Bank weighed.

The Nifty ended at 23,264.85, up by 5.65 points or 0.02% and the Sensex closed lower by 33.48 points or 0.04% at 76,456.59. Intraday, the Nifty gained as much as 0.56% and the Sensex gained 0.48%.

"The short-term texture suggesting 23400/77000 would be the key resistance zone for the short-term traders, while 23200/76300 would act as a crucial support zone," said Shrikant Chouhan, head of equity research at Kotak Securities. "We are of the view that, post 23400/77000 breakout the market could rally up to 23500-23525/77300-77400."

India's benchmark equity gauges ended erased all their gains in the last hour of the session and ended little changed from Monday's close as losses in the shares of Reliance Industries and ICICI Bank weighed.

The Nifty ended at 23,264.85, up by 5.65 points or 0.02% and the Sensex closed lower by 33.48 points or 0.04% at 76,456.59. Intraday, the Nifty gained as much as 0.56% and the Sensex gained 0.48%.

"The short-term texture suggesting 23400/77000 would be the key resistance zone for the short-term traders, while 23200/76300 would act as a crucial support zone," said Shrikant Chouhan, head of equity research at Kotak Securities. "We are of the view that, post 23400/77000 breakout the market could rally up to 23500-23525/77300-77400."

India's benchmark equity gauges ended erased all their gains in the last hour of the session and ended little changed from Monday's close as losses in the shares of Reliance Industries and ICICI Bank weighed.

The Nifty ended at 23,264.85, up by 5.65 points or 0.02% and the Sensex closed lower by 33.48 points or 0.04% at 76,456.59. Intraday, the Nifty gained as much as 0.56% and the Sensex gained 0.48%.

"The short-term texture suggesting 23400/77000 would be the key resistance zone for the short-term traders, while 23200/76300 would act as a crucial support zone," said Shrikant Chouhan, head of equity research at Kotak Securities. "We are of the view that, post 23400/77000 breakout the market could rally up to 23500-23525/77300-77400."

Shares of Reliance Industries Ltd., ICICI Bank Ltd., Kotak Mahindra Bank Ltd., ITC Ltd., and Axis Bank Ltd. weighed on the Nifty.

While those of Larsen & Toubro Ltd., Oil & Natural Gas Corp. Ltd., Tata Motors Ltd., Maruti Suzuki India Ltd, and Mahindra & Mahindra Ltd. minimised the losses

India's benchmark equity gauges ended erased all their gains in the last hour of the session and ended little changed from Monday's close as losses in the shares of Reliance Industries and ICICI Bank weighed.

The Nifty ended at 23,264.85, up by 5.65 points or 0.02% and the Sensex closed lower by 33.48 points or 0.04% at 76,456.59. Intraday, the Nifty gained as much as 0.56% and the Sensex gained 0.48%.

"The short-term texture suggesting 23400/77000 would be the key resistance zone for the short-term traders, while 23200/76300 would act as a crucial support zone," said Shrikant Chouhan, head of equity research at Kotak Securities. "We are of the view that, post 23400/77000 breakout the market could rally up to 23500-23525/77300-77400."

India's benchmark equity gauges ended erased all their gains in the last hour of the session and ended little changed from Monday's close as losses in the shares of Reliance Industries and ICICI Bank weighed.

The Nifty ended at 23,264.85, up by 5.65 points or 0.02% and the Sensex closed lower by 33.48 points or 0.04% at 76,456.59. Intraday, the Nifty gained as much as 0.56% and the Sensex gained 0.48%.

"The short-term texture suggesting 23400/77000 would be the key resistance zone for the short-term traders, while 23200/76300 would act as a crucial support zone," said Shrikant Chouhan, head of equity research at Kotak Securities. "We are of the view that, post 23400/77000 breakout the market could rally up to 23500-23525/77300-77400."

India's benchmark equity gauges ended erased all their gains in the last hour of the session and ended little changed from Monday's close as losses in the shares of Reliance Industries and ICICI Bank weighed.

The Nifty ended at 23,264.85, up by 5.65 points or 0.02% and the Sensex closed lower by 33.48 points or 0.04% at 76,456.59. Intraday, the Nifty gained as much as 0.56% and the Sensex gained 0.48%.

"The short-term texture suggesting 23400/77000 would be the key resistance zone for the short-term traders, while 23200/76300 would act as a crucial support zone," said Shrikant Chouhan, head of equity research at Kotak Securities. "We are of the view that, post 23400/77000 breakout the market could rally up to 23500-23525/77300-77400."

India's benchmark equity gauges ended erased all their gains in the last hour of the session and ended little changed from Monday's close as losses in the shares of Reliance Industries and ICICI Bank weighed.

The Nifty ended at 23,264.85, up by 5.65 points or 0.02% and the Sensex closed lower by 33.48 points or 0.04% at 76,456.59. Intraday, the Nifty gained as much as 0.56% and the Sensex gained 0.48%.

"The short-term texture suggesting 23400/77000 would be the key resistance zone for the short-term traders, while 23200/76300 would act as a crucial support zone," said Shrikant Chouhan, head of equity research at Kotak Securities. "We are of the view that, post 23400/77000 breakout the market could rally up to 23500-23525/77300-77400."

India's benchmark equity gauges ended erased all their gains in the last hour of the session and ended little changed from Monday's close as losses in the shares of Reliance Industries and ICICI Bank weighed.

The Nifty ended at 23,264.85, up by 5.65 points or 0.02% and the Sensex closed lower by 33.48 points or 0.04% at 76,456.59. Intraday, the Nifty gained as much as 0.56% and the Sensex gained 0.48%.

"The short-term texture suggesting 23400/77000 would be the key resistance zone for the short-term traders, while 23200/76300 would act as a crucial support zone," said Shrikant Chouhan, head of equity research at Kotak Securities. "We are of the view that, post 23400/77000 breakout the market could rally up to 23500-23525/77300-77400."

India's benchmark equity gauges ended erased all their gains in the last hour of the session and ended little changed from Monday's close as losses in the shares of Reliance Industries and ICICI Bank weighed.

The Nifty ended at 23,264.85, up by 5.65 points or 0.02% and the Sensex closed lower by 33.48 points or 0.04% at 76,456.59. Intraday, the Nifty gained as much as 0.56% and the Sensex gained 0.48%.

"The short-term texture suggesting 23400/77000 would be the key resistance zone for the short-term traders, while 23200/76300 would act as a crucial support zone," said Shrikant Chouhan, head of equity research at Kotak Securities. "We are of the view that, post 23400/77000 breakout the market could rally up to 23500-23525/77300-77400."

India's benchmark equity gauges ended erased all their gains in the last hour of the session and ended little changed from Monday's close as losses in the shares of Reliance Industries and ICICI Bank weighed.

The Nifty ended at 23,264.85, up by 5.65 points or 0.02% and the Sensex closed lower by 33.48 points or 0.04% at 76,456.59. Intraday, the Nifty gained as much as 0.56% and the Sensex gained 0.48%.

"The short-term texture suggesting 23400/77000 would be the key resistance zone for the short-term traders, while 23200/76300 would act as a crucial support zone," said Shrikant Chouhan, head of equity research at Kotak Securities. "We are of the view that, post 23400/77000 breakout the market could rally up to 23500-23525/77300-77400."

India's benchmark equity gauges ended erased all their gains in the last hour of the session and ended little changed from Monday's close as losses in the shares of Reliance Industries and ICICI Bank weighed.

The Nifty ended at 23,264.85, up by 5.65 points or 0.02% and the Sensex closed lower by 33.48 points or 0.04% at 76,456.59. Intraday, the Nifty gained as much as 0.56% and the Sensex gained 0.48%.

"The short-term texture suggesting 23400/77000 would be the key resistance zone for the short-term traders, while 23200/76300 would act as a crucial support zone," said Shrikant Chouhan, head of equity research at Kotak Securities. "We are of the view that, post 23400/77000 breakout the market could rally up to 23500-23525/77300-77400."

Shares of Reliance Industries Ltd., ICICI Bank Ltd., Kotak Mahindra Bank Ltd., ITC Ltd., and Axis Bank Ltd. weighed on the Nifty.

While those of Larsen & Toubro Ltd., Oil & Natural Gas Corp. Ltd., Tata Motors Ltd., Maruti Suzuki India Ltd, and Mahindra & Mahindra Ltd. minimised the losses

Nifty Media and Nifty Oil & Gas were the top gainers whereas Nifty Pharma lost the most.

Broader markets outperformed benchmark indices. The S&P BSE Midcap ended 0.74% higher, and the S&P BSE Smallcap settled 0.95% higher.

Out 20 sectors compiled by BSE, 17 sectors advanced and three decline. The S&P BSE Oil & Gas ended nearly 2% higher to become the top performing sector in Tuesday's session. The S&P BSE Metal is the worst performing sector.

Market breadth was skewed in favour of buyers. On BSE, 2,468 stocks advanced, 1,390 stocks declined, and 111 stocks remained unchanged.

• Approves raising up to Rs 10,000 crore

• Approves raising up to Rs 6,000 crore via FPO &/or rights issue

• Approves raising up to Rs 4,000 crore via bonds

Source: Exchange Filing

The stock jumped as much as 0.80% to hit a lifetime high of Rs 1,546.45.

The stock jumped as much as 0.80% to hit a lifetime high of Rs 1,546.45.

Gets multiple construction orders worth Rs 878 crore

Source: Exchange filing

Shares of railway companies advanced on Tuesday on optimism that the government's infrastructure push will continue as key ministries had no personnel changes in National Democratic Alliance's third government.

Jupiter Wagon Ltd. gained the most among its peers, which was followed by Railtel Corp of India, and Texmaco Rail and Engineering Ltd.

Indian benchmark stock indices rebounded after seesawing between positive and negative territory during morning trade on Tuesday, led by gains in Larsen & Toubro Ltd., Oil and Natural Gas Corp., and Mahindra & Mahindra Ltd.

As of 12:19 p.m., the NSE Nifty 50 was 75.50 points or 0.32% higher at 23,334.70, and the S&P BSE Sensex gained 178.78 points or 0.23% to trade at 76,668.86.

The Nifty 50 declined 0.23% to touch an intraday low of 23,206.65, and the Sensex fell 0.25% to hit a low of 76,296.44.

"After the roller coaster ride last week, markets are taking a breather near record highs. The good part is that there's no price-wise correction. Yesterday, it was a muted session, and today the trend continued," said Ajit Mishra, senior vice president of research at Religare Broking.

Markets not only reclaimed short-term averages but also closed around record highs. It's a healthy consolidation. Religare is expecting markets to maintain this trend and gradually move towards the 23,800–24,000 zone, he told NDTV Profit.

Indian benchmark stock indices rebounded after seesawing between positive and negative territory during morning trade on Tuesday, led by gains in Larsen & Toubro Ltd., Oil and Natural Gas Corp., and Mahindra & Mahindra Ltd.

As of 12:19 p.m., the NSE Nifty 50 was 75.50 points or 0.32% higher at 23,334.70, and the S&P BSE Sensex gained 178.78 points or 0.23% to trade at 76,668.86.

The Nifty 50 declined 0.23% to touch an intraday low of 23,206.65, and the Sensex fell 0.25% to hit a low of 76,296.44.

"After the roller coaster ride last week, markets are taking a breather near record highs. The good part is that there's no price-wise correction. Yesterday, it was a muted session, and today the trend continued," said Ajit Mishra, senior vice president of research at Religare Broking.

Markets not only reclaimed short-term averages but also closed around record highs. It's a healthy consolidation. Religare is expecting markets to maintain this trend and gradually move towards the 23,800–24,000 zone, he told NDTV Profit.

Indian benchmark stock indices rebounded after seesawing between positive and negative territory during morning trade on Tuesday, led by gains in Larsen & Toubro Ltd., Oil and Natural Gas Corp., and Mahindra & Mahindra Ltd.

As of 12:19 p.m., the NSE Nifty 50 was 75.50 points or 0.32% higher at 23,334.70, and the S&P BSE Sensex gained 178.78 points or 0.23% to trade at 76,668.86.

The Nifty 50 declined 0.23% to touch an intraday low of 23,206.65, and the Sensex fell 0.25% to hit a low of 76,296.44.

"After the roller coaster ride last week, markets are taking a breather near record highs. The good part is that there's no price-wise correction. Yesterday, it was a muted session, and today the trend continued," said Ajit Mishra, senior vice president of research at Religare Broking.

Markets not only reclaimed short-term averages but also closed around record highs. It's a healthy consolidation. Religare is expecting markets to maintain this trend and gradually move towards the 23,800–24,000 zone, he told NDTV Profit.

Indian benchmark stock indices rebounded after seesawing between positive and negative territory during morning trade on Tuesday, led by gains in Larsen & Toubro Ltd., Oil and Natural Gas Corp., and Mahindra & Mahindra Ltd.

As of 12:19 p.m., the NSE Nifty 50 was 75.50 points or 0.32% higher at 23,334.70, and the S&P BSE Sensex gained 178.78 points or 0.23% to trade at 76,668.86.

The Nifty 50 declined 0.23% to touch an intraday low of 23,206.65, and the Sensex fell 0.25% to hit a low of 76,296.44.

"After the roller coaster ride last week, markets are taking a breather near record highs. The good part is that there's no price-wise correction. Yesterday, it was a muted session, and today the trend continued," said Ajit Mishra, senior vice president of research at Religare Broking.

Markets not only reclaimed short-term averages but also closed around record highs. It's a healthy consolidation. Religare is expecting markets to maintain this trend and gradually move towards the 23,800–24,000 zone, he told NDTV Profit.

Indian benchmark stock indices rebounded after seesawing between positive and negative territory during morning trade on Tuesday, led by gains in Larsen & Toubro Ltd., Oil and Natural Gas Corp., and Mahindra & Mahindra Ltd.

As of 12:19 p.m., the NSE Nifty 50 was 75.50 points or 0.32% higher at 23,334.70, and the S&P BSE Sensex gained 178.78 points or 0.23% to trade at 76,668.86.

The Nifty 50 declined 0.23% to touch an intraday low of 23,206.65, and the Sensex fell 0.25% to hit a low of 76,296.44.

"After the roller coaster ride last week, markets are taking a breather near record highs. The good part is that there's no price-wise correction. Yesterday, it was a muted session, and today the trend continued," said Ajit Mishra, senior vice president of research at Religare Broking.

Markets not only reclaimed short-term averages but also closed around record highs. It's a healthy consolidation. Religare is expecting markets to maintain this trend and gradually move towards the 23,800–24,000 zone, he told NDTV Profit.

Indian benchmark stock indices rebounded after seesawing between positive and negative territory during morning trade on Tuesday, led by gains in Larsen & Toubro Ltd., Oil and Natural Gas Corp., and Mahindra & Mahindra Ltd.

As of 12:19 p.m., the NSE Nifty 50 was 75.50 points or 0.32% higher at 23,334.70, and the S&P BSE Sensex gained 178.78 points or 0.23% to trade at 76,668.86.

The Nifty 50 declined 0.23% to touch an intraday low of 23,206.65, and the Sensex fell 0.25% to hit a low of 76,296.44.

"After the roller coaster ride last week, markets are taking a breather near record highs. The good part is that there's no price-wise correction. Yesterday, it was a muted session, and today the trend continued," said Ajit Mishra, senior vice president of research at Religare Broking.

Markets not only reclaimed short-term averages but also closed around record highs. It's a healthy consolidation. Religare is expecting markets to maintain this trend and gradually move towards the 23,800–24,000 zone, he told NDTV Profit.

Larsen & Toubro Ltd., Oil and Natural Gas Corp, Mahindra & Mahindra Ltd., Tata Motors Ltd., and Tata Steel Ltd. added to the Nifty.

Kotak Mahindra Bank Ltd., Reliance Industries Ltd., ITC Ltd., Asian Paints Ltd., and Bharti Airtel Ltd. weighed on the index.

On NSE, 10 sectors advanced and two remained flat. The NSE Nifty Realty rose the most among peers, and the NSE Nifty Bank was the top loser on Tuesday.

Indian benchmark stock indices rebounded after seesawing between positive and negative territory during morning trade on Tuesday, led by gains in Larsen & Toubro Ltd., Oil and Natural Gas Corp., and Mahindra & Mahindra Ltd.

As of 12:19 p.m., the NSE Nifty 50 was 75.50 points or 0.32% higher at 23,334.70, and the S&P BSE Sensex gained 178.78 points or 0.23% to trade at 76,668.86.

The Nifty 50 declined 0.23% to touch an intraday low of 23,206.65, and the Sensex fell 0.25% to hit a low of 76,296.44.

"After the roller coaster ride last week, markets are taking a breather near record highs. The good part is that there's no price-wise correction. Yesterday, it was a muted session, and today the trend continued," said Ajit Mishra, senior vice president of research at Religare Broking.

Markets not only reclaimed short-term averages but also closed around record highs. It's a healthy consolidation. Religare is expecting markets to maintain this trend and gradually move towards the 23,800–24,000 zone, he told NDTV Profit.

Indian benchmark stock indices rebounded after seesawing between positive and negative territory during morning trade on Tuesday, led by gains in Larsen & Toubro Ltd., Oil and Natural Gas Corp., and Mahindra & Mahindra Ltd.

As of 12:19 p.m., the NSE Nifty 50 was 75.50 points or 0.32% higher at 23,334.70, and the S&P BSE Sensex gained 178.78 points or 0.23% to trade at 76,668.86.

The Nifty 50 declined 0.23% to touch an intraday low of 23,206.65, and the Sensex fell 0.25% to hit a low of 76,296.44.

"After the roller coaster ride last week, markets are taking a breather near record highs. The good part is that there's no price-wise correction. Yesterday, it was a muted session, and today the trend continued," said Ajit Mishra, senior vice president of research at Religare Broking.

Markets not only reclaimed short-term averages but also closed around record highs. It's a healthy consolidation. Religare is expecting markets to maintain this trend and gradually move towards the 23,800–24,000 zone, he told NDTV Profit.

Indian benchmark stock indices rebounded after seesawing between positive and negative territory during morning trade on Tuesday, led by gains in Larsen & Toubro Ltd., Oil and Natural Gas Corp., and Mahindra & Mahindra Ltd.

As of 12:19 p.m., the NSE Nifty 50 was 75.50 points or 0.32% higher at 23,334.70, and the S&P BSE Sensex gained 178.78 points or 0.23% to trade at 76,668.86.

The Nifty 50 declined 0.23% to touch an intraday low of 23,206.65, and the Sensex fell 0.25% to hit a low of 76,296.44.

"After the roller coaster ride last week, markets are taking a breather near record highs. The good part is that there's no price-wise correction. Yesterday, it was a muted session, and today the trend continued," said Ajit Mishra, senior vice president of research at Religare Broking.

Markets not only reclaimed short-term averages but also closed around record highs. It's a healthy consolidation. Religare is expecting markets to maintain this trend and gradually move towards the 23,800–24,000 zone, he told NDTV Profit.

Indian benchmark stock indices rebounded after seesawing between positive and negative territory during morning trade on Tuesday, led by gains in Larsen & Toubro Ltd., Oil and Natural Gas Corp., and Mahindra & Mahindra Ltd.

As of 12:19 p.m., the NSE Nifty 50 was 75.50 points or 0.32% higher at 23,334.70, and the S&P BSE Sensex gained 178.78 points or 0.23% to trade at 76,668.86.

The Nifty 50 declined 0.23% to touch an intraday low of 23,206.65, and the Sensex fell 0.25% to hit a low of 76,296.44.

"After the roller coaster ride last week, markets are taking a breather near record highs. The good part is that there's no price-wise correction. Yesterday, it was a muted session, and today the trend continued," said Ajit Mishra, senior vice president of research at Religare Broking.

Markets not only reclaimed short-term averages but also closed around record highs. It's a healthy consolidation. Religare is expecting markets to maintain this trend and gradually move towards the 23,800–24,000 zone, he told NDTV Profit.

Indian benchmark stock indices rebounded after seesawing between positive and negative territory during morning trade on Tuesday, led by gains in Larsen & Toubro Ltd., Oil and Natural Gas Corp., and Mahindra & Mahindra Ltd.

As of 12:19 p.m., the NSE Nifty 50 was 75.50 points or 0.32% higher at 23,334.70, and the S&P BSE Sensex gained 178.78 points or 0.23% to trade at 76,668.86.

The Nifty 50 declined 0.23% to touch an intraday low of 23,206.65, and the Sensex fell 0.25% to hit a low of 76,296.44.

"After the roller coaster ride last week, markets are taking a breather near record highs. The good part is that there's no price-wise correction. Yesterday, it was a muted session, and today the trend continued," said Ajit Mishra, senior vice president of research at Religare Broking.

Markets not only reclaimed short-term averages but also closed around record highs. It's a healthy consolidation. Religare is expecting markets to maintain this trend and gradually move towards the 23,800–24,000 zone, he told NDTV Profit.

Indian benchmark stock indices rebounded after seesawing between positive and negative territory during morning trade on Tuesday, led by gains in Larsen & Toubro Ltd., Oil and Natural Gas Corp., and Mahindra & Mahindra Ltd.

As of 12:19 p.m., the NSE Nifty 50 was 75.50 points or 0.32% higher at 23,334.70, and the S&P BSE Sensex gained 178.78 points or 0.23% to trade at 76,668.86.

The Nifty 50 declined 0.23% to touch an intraday low of 23,206.65, and the Sensex fell 0.25% to hit a low of 76,296.44.

"After the roller coaster ride last week, markets are taking a breather near record highs. The good part is that there's no price-wise correction. Yesterday, it was a muted session, and today the trend continued," said Ajit Mishra, senior vice president of research at Religare Broking.

Markets not only reclaimed short-term averages but also closed around record highs. It's a healthy consolidation. Religare is expecting markets to maintain this trend and gradually move towards the 23,800–24,000 zone, he told NDTV Profit.

Indian benchmark stock indices rebounded after seesawing between positive and negative territory during morning trade on Tuesday, led by gains in Larsen & Toubro Ltd., Oil and Natural Gas Corp., and Mahindra & Mahindra Ltd.

As of 12:19 p.m., the NSE Nifty 50 was 75.50 points or 0.32% higher at 23,334.70, and the S&P BSE Sensex gained 178.78 points or 0.23% to trade at 76,668.86.

The Nifty 50 declined 0.23% to touch an intraday low of 23,206.65, and the Sensex fell 0.25% to hit a low of 76,296.44.

"After the roller coaster ride last week, markets are taking a breather near record highs. The good part is that there's no price-wise correction. Yesterday, it was a muted session, and today the trend continued," said Ajit Mishra, senior vice president of research at Religare Broking.

Markets not only reclaimed short-term averages but also closed around record highs. It's a healthy consolidation. Religare is expecting markets to maintain this trend and gradually move towards the 23,800–24,000 zone, he told NDTV Profit.

Indian benchmark stock indices rebounded after seesawing between positive and negative territory during morning trade on Tuesday, led by gains in Larsen & Toubro Ltd., Oil and Natural Gas Corp., and Mahindra & Mahindra Ltd.

As of 12:19 p.m., the NSE Nifty 50 was 75.50 points or 0.32% higher at 23,334.70, and the S&P BSE Sensex gained 178.78 points or 0.23% to trade at 76,668.86.

The Nifty 50 declined 0.23% to touch an intraday low of 23,206.65, and the Sensex fell 0.25% to hit a low of 76,296.44.

"After the roller coaster ride last week, markets are taking a breather near record highs. The good part is that there's no price-wise correction. Yesterday, it was a muted session, and today the trend continued," said Ajit Mishra, senior vice president of research at Religare Broking.

Markets not only reclaimed short-term averages but also closed around record highs. It's a healthy consolidation. Religare is expecting markets to maintain this trend and gradually move towards the 23,800–24,000 zone, he told NDTV Profit.

Larsen & Toubro Ltd., Oil and Natural Gas Corp, Mahindra & Mahindra Ltd., Tata Motors Ltd., and Tata Steel Ltd. added to the Nifty.

Kotak Mahindra Bank Ltd., Reliance Industries Ltd., ITC Ltd., Asian Paints Ltd., and Bharti Airtel Ltd. weighed on the index.

On NSE, 10 sectors advanced and two remained flat. The NSE Nifty Realty rose the most among peers, and the NSE Nifty Bank was the top loser on Tuesday.

Indian benchmark stock indices rebounded after seesawing between positive and negative territory during morning trade on Tuesday, led by gains in Larsen & Toubro Ltd., Oil and Natural Gas Corp., and Mahindra & Mahindra Ltd.

As of 12:19 p.m., the NSE Nifty 50 was 75.50 points or 0.32% higher at 23,334.70, and the S&P BSE Sensex gained 178.78 points or 0.23% to trade at 76,668.86.

The Nifty 50 declined 0.23% to touch an intraday low of 23,206.65, and the Sensex fell 0.25% to hit a low of 76,296.44.

"After the roller coaster ride last week, markets are taking a breather near record highs. The good part is that there's no price-wise correction. Yesterday, it was a muted session, and today the trend continued," said Ajit Mishra, senior vice president of research at Religare Broking.

Markets not only reclaimed short-term averages but also closed around record highs. It's a healthy consolidation. Religare is expecting markets to maintain this trend and gradually move towards the 23,800–24,000 zone, he told NDTV Profit.

Indian benchmark stock indices rebounded after seesawing between positive and negative territory during morning trade on Tuesday, led by gains in Larsen & Toubro Ltd., Oil and Natural Gas Corp., and Mahindra & Mahindra Ltd.

As of 12:19 p.m., the NSE Nifty 50 was 75.50 points or 0.32% higher at 23,334.70, and the S&P BSE Sensex gained 178.78 points or 0.23% to trade at 76,668.86.

The Nifty 50 declined 0.23% to touch an intraday low of 23,206.65, and the Sensex fell 0.25% to hit a low of 76,296.44.

"After the roller coaster ride last week, markets are taking a breather near record highs. The good part is that there's no price-wise correction. Yesterday, it was a muted session, and today the trend continued," said Ajit Mishra, senior vice president of research at Religare Broking.

Markets not only reclaimed short-term averages but also closed around record highs. It's a healthy consolidation. Religare is expecting markets to maintain this trend and gradually move towards the 23,800–24,000 zone, he told NDTV Profit.

Indian benchmark stock indices rebounded after seesawing between positive and negative territory during morning trade on Tuesday, led by gains in Larsen & Toubro Ltd., Oil and Natural Gas Corp., and Mahindra & Mahindra Ltd.

As of 12:19 p.m., the NSE Nifty 50 was 75.50 points or 0.32% higher at 23,334.70, and the S&P BSE Sensex gained 178.78 points or 0.23% to trade at 76,668.86.

The Nifty 50 declined 0.23% to touch an intraday low of 23,206.65, and the Sensex fell 0.25% to hit a low of 76,296.44.

"After the roller coaster ride last week, markets are taking a breather near record highs. The good part is that there's no price-wise correction. Yesterday, it was a muted session, and today the trend continued," said Ajit Mishra, senior vice president of research at Religare Broking.

Markets not only reclaimed short-term averages but also closed around record highs. It's a healthy consolidation. Religare is expecting markets to maintain this trend and gradually move towards the 23,800–24,000 zone, he told NDTV Profit.

Indian benchmark stock indices rebounded after seesawing between positive and negative territory during morning trade on Tuesday, led by gains in Larsen & Toubro Ltd., Oil and Natural Gas Corp., and Mahindra & Mahindra Ltd.

As of 12:19 p.m., the NSE Nifty 50 was 75.50 points or 0.32% higher at 23,334.70, and the S&P BSE Sensex gained 178.78 points or 0.23% to trade at 76,668.86.

The Nifty 50 declined 0.23% to touch an intraday low of 23,206.65, and the Sensex fell 0.25% to hit a low of 76,296.44.

"After the roller coaster ride last week, markets are taking a breather near record highs. The good part is that there's no price-wise correction. Yesterday, it was a muted session, and today the trend continued," said Ajit Mishra, senior vice president of research at Religare Broking.

Markets not only reclaimed short-term averages but also closed around record highs. It's a healthy consolidation. Religare is expecting markets to maintain this trend and gradually move towards the 23,800–24,000 zone, he told NDTV Profit.

Indian benchmark stock indices rebounded after seesawing between positive and negative territory during morning trade on Tuesday, led by gains in Larsen & Toubro Ltd., Oil and Natural Gas Corp., and Mahindra & Mahindra Ltd.

As of 12:19 p.m., the NSE Nifty 50 was 75.50 points or 0.32% higher at 23,334.70, and the S&P BSE Sensex gained 178.78 points or 0.23% to trade at 76,668.86.

The Nifty 50 declined 0.23% to touch an intraday low of 23,206.65, and the Sensex fell 0.25% to hit a low of 76,296.44.

"After the roller coaster ride last week, markets are taking a breather near record highs. The good part is that there's no price-wise correction. Yesterday, it was a muted session, and today the trend continued," said Ajit Mishra, senior vice president of research at Religare Broking.

Markets not only reclaimed short-term averages but also closed around record highs. It's a healthy consolidation. Religare is expecting markets to maintain this trend and gradually move towards the 23,800–24,000 zone, he told NDTV Profit.

Indian benchmark stock indices rebounded after seesawing between positive and negative territory during morning trade on Tuesday, led by gains in Larsen & Toubro Ltd., Oil and Natural Gas Corp., and Mahindra & Mahindra Ltd.

As of 12:19 p.m., the NSE Nifty 50 was 75.50 points or 0.32% higher at 23,334.70, and the S&P BSE Sensex gained 178.78 points or 0.23% to trade at 76,668.86.

The Nifty 50 declined 0.23% to touch an intraday low of 23,206.65, and the Sensex fell 0.25% to hit a low of 76,296.44.

"After the roller coaster ride last week, markets are taking a breather near record highs. The good part is that there's no price-wise correction. Yesterday, it was a muted session, and today the trend continued," said Ajit Mishra, senior vice president of research at Religare Broking.

Markets not only reclaimed short-term averages but also closed around record highs. It's a healthy consolidation. Religare is expecting markets to maintain this trend and gradually move towards the 23,800–24,000 zone, he told NDTV Profit.

Indian benchmark stock indices rebounded after seesawing between positive and negative territory during morning trade on Tuesday, led by gains in Larsen & Toubro Ltd., Oil and Natural Gas Corp., and Mahindra & Mahindra Ltd.

As of 12:19 p.m., the NSE Nifty 50 was 75.50 points or 0.32% higher at 23,334.70, and the S&P BSE Sensex gained 178.78 points or 0.23% to trade at 76,668.86.

The Nifty 50 declined 0.23% to touch an intraday low of 23,206.65, and the Sensex fell 0.25% to hit a low of 76,296.44.

"After the roller coaster ride last week, markets are taking a breather near record highs. The good part is that there's no price-wise correction. Yesterday, it was a muted session, and today the trend continued," said Ajit Mishra, senior vice president of research at Religare Broking.

Markets not only reclaimed short-term averages but also closed around record highs. It's a healthy consolidation. Religare is expecting markets to maintain this trend and gradually move towards the 23,800–24,000 zone, he told NDTV Profit.

Indian benchmark stock indices rebounded after seesawing between positive and negative territory during morning trade on Tuesday, led by gains in Larsen & Toubro Ltd., Oil and Natural Gas Corp., and Mahindra & Mahindra Ltd.

As of 12:19 p.m., the NSE Nifty 50 was 75.50 points or 0.32% higher at 23,334.70, and the S&P BSE Sensex gained 178.78 points or 0.23% to trade at 76,668.86.

The Nifty 50 declined 0.23% to touch an intraday low of 23,206.65, and the Sensex fell 0.25% to hit a low of 76,296.44.

"After the roller coaster ride last week, markets are taking a breather near record highs. The good part is that there's no price-wise correction. Yesterday, it was a muted session, and today the trend continued," said Ajit Mishra, senior vice president of research at Religare Broking.

Markets not only reclaimed short-term averages but also closed around record highs. It's a healthy consolidation. Religare is expecting markets to maintain this trend and gradually move towards the 23,800–24,000 zone, he told NDTV Profit.

Larsen & Toubro Ltd., Oil and Natural Gas Corp, Mahindra & Mahindra Ltd., Tata Motors Ltd., and Tata Steel Ltd. added to the Nifty.

Kotak Mahindra Bank Ltd., Reliance Industries Ltd., ITC Ltd., Asian Paints Ltd., and Bharti Airtel Ltd. weighed on the index.

On NSE, 10 sectors advanced and two remained flat. The NSE Nifty Realty rose the most among peers, and the NSE Nifty Bank was the top loser on Tuesday.

Indian benchmark stock indices rebounded after seesawing between positive and negative territory during morning trade on Tuesday, led by gains in Larsen & Toubro Ltd., Oil and Natural Gas Corp., and Mahindra & Mahindra Ltd.

As of 12:19 p.m., the NSE Nifty 50 was 75.50 points or 0.32% higher at 23,334.70, and the S&P BSE Sensex gained 178.78 points or 0.23% to trade at 76,668.86.

The Nifty 50 declined 0.23% to touch an intraday low of 23,206.65, and the Sensex fell 0.25% to hit a low of 76,296.44.

"After the roller coaster ride last week, markets are taking a breather near record highs. The good part is that there's no price-wise correction. Yesterday, it was a muted session, and today the trend continued," said Ajit Mishra, senior vice president of research at Religare Broking.

Markets not only reclaimed short-term averages but also closed around record highs. It's a healthy consolidation. Religare is expecting markets to maintain this trend and gradually move towards the 23,800–24,000 zone, he told NDTV Profit.

Indian benchmark stock indices rebounded after seesawing between positive and negative territory during morning trade on Tuesday, led by gains in Larsen & Toubro Ltd., Oil and Natural Gas Corp., and Mahindra & Mahindra Ltd.

As of 12:19 p.m., the NSE Nifty 50 was 75.50 points or 0.32% higher at 23,334.70, and the S&P BSE Sensex gained 178.78 points or 0.23% to trade at 76,668.86.

The Nifty 50 declined 0.23% to touch an intraday low of 23,206.65, and the Sensex fell 0.25% to hit a low of 76,296.44.

"After the roller coaster ride last week, markets are taking a breather near record highs. The good part is that there's no price-wise correction. Yesterday, it was a muted session, and today the trend continued," said Ajit Mishra, senior vice president of research at Religare Broking.

Markets not only reclaimed short-term averages but also closed around record highs. It's a healthy consolidation. Religare is expecting markets to maintain this trend and gradually move towards the 23,800–24,000 zone, he told NDTV Profit.

Indian benchmark stock indices rebounded after seesawing between positive and negative territory during morning trade on Tuesday, led by gains in Larsen & Toubro Ltd., Oil and Natural Gas Corp., and Mahindra & Mahindra Ltd.

As of 12:19 p.m., the NSE Nifty 50 was 75.50 points or 0.32% higher at 23,334.70, and the S&P BSE Sensex gained 178.78 points or 0.23% to trade at 76,668.86.

The Nifty 50 declined 0.23% to touch an intraday low of 23,206.65, and the Sensex fell 0.25% to hit a low of 76,296.44.

"After the roller coaster ride last week, markets are taking a breather near record highs. The good part is that there's no price-wise correction. Yesterday, it was a muted session, and today the trend continued," said Ajit Mishra, senior vice president of research at Religare Broking.

Markets not only reclaimed short-term averages but also closed around record highs. It's a healthy consolidation. Religare is expecting markets to maintain this trend and gradually move towards the 23,800–24,000 zone, he told NDTV Profit.

Indian benchmark stock indices rebounded after seesawing between positive and negative territory during morning trade on Tuesday, led by gains in Larsen & Toubro Ltd., Oil and Natural Gas Corp., and Mahindra & Mahindra Ltd.

As of 12:19 p.m., the NSE Nifty 50 was 75.50 points or 0.32% higher at 23,334.70, and the S&P BSE Sensex gained 178.78 points or 0.23% to trade at 76,668.86.

The Nifty 50 declined 0.23% to touch an intraday low of 23,206.65, and the Sensex fell 0.25% to hit a low of 76,296.44.

"After the roller coaster ride last week, markets are taking a breather near record highs. The good part is that there's no price-wise correction. Yesterday, it was a muted session, and today the trend continued," said Ajit Mishra, senior vice president of research at Religare Broking.

Markets not only reclaimed short-term averages but also closed around record highs. It's a healthy consolidation. Religare is expecting markets to maintain this trend and gradually move towards the 23,800–24,000 zone, he told NDTV Profit.

Indian benchmark stock indices rebounded after seesawing between positive and negative territory during morning trade on Tuesday, led by gains in Larsen & Toubro Ltd., Oil and Natural Gas Corp., and Mahindra & Mahindra Ltd.

As of 12:19 p.m., the NSE Nifty 50 was 75.50 points or 0.32% higher at 23,334.70, and the S&P BSE Sensex gained 178.78 points or 0.23% to trade at 76,668.86.

The Nifty 50 declined 0.23% to touch an intraday low of 23,206.65, and the Sensex fell 0.25% to hit a low of 76,296.44.

"After the roller coaster ride last week, markets are taking a breather near record highs. The good part is that there's no price-wise correction. Yesterday, it was a muted session, and today the trend continued," said Ajit Mishra, senior vice president of research at Religare Broking.

Markets not only reclaimed short-term averages but also closed around record highs. It's a healthy consolidation. Religare is expecting markets to maintain this trend and gradually move towards the 23,800–24,000 zone, he told NDTV Profit.

Indian benchmark stock indices rebounded after seesawing between positive and negative territory during morning trade on Tuesday, led by gains in Larsen & Toubro Ltd., Oil and Natural Gas Corp., and Mahindra & Mahindra Ltd.

As of 12:19 p.m., the NSE Nifty 50 was 75.50 points or 0.32% higher at 23,334.70, and the S&P BSE Sensex gained 178.78 points or 0.23% to trade at 76,668.86.

The Nifty 50 declined 0.23% to touch an intraday low of 23,206.65, and the Sensex fell 0.25% to hit a low of 76,296.44.

"After the roller coaster ride last week, markets are taking a breather near record highs. The good part is that there's no price-wise correction. Yesterday, it was a muted session, and today the trend continued," said Ajit Mishra, senior vice president of research at Religare Broking.

Markets not only reclaimed short-term averages but also closed around record highs. It's a healthy consolidation. Religare is expecting markets to maintain this trend and gradually move towards the 23,800–24,000 zone, he told NDTV Profit.

Indian benchmark stock indices rebounded after seesawing between positive and negative territory during morning trade on Tuesday, led by gains in Larsen & Toubro Ltd., Oil and Natural Gas Corp., and Mahindra & Mahindra Ltd.

As of 12:19 p.m., the NSE Nifty 50 was 75.50 points or 0.32% higher at 23,334.70, and the S&P BSE Sensex gained 178.78 points or 0.23% to trade at 76,668.86.

The Nifty 50 declined 0.23% to touch an intraday low of 23,206.65, and the Sensex fell 0.25% to hit a low of 76,296.44.

"After the roller coaster ride last week, markets are taking a breather near record highs. The good part is that there's no price-wise correction. Yesterday, it was a muted session, and today the trend continued," said Ajit Mishra, senior vice president of research at Religare Broking.

Markets not only reclaimed short-term averages but also closed around record highs. It's a healthy consolidation. Religare is expecting markets to maintain this trend and gradually move towards the 23,800–24,000 zone, he told NDTV Profit.

Indian benchmark stock indices rebounded after seesawing between positive and negative territory during morning trade on Tuesday, led by gains in Larsen & Toubro Ltd., Oil and Natural Gas Corp., and Mahindra & Mahindra Ltd.

As of 12:19 p.m., the NSE Nifty 50 was 75.50 points or 0.32% higher at 23,334.70, and the S&P BSE Sensex gained 178.78 points or 0.23% to trade at 76,668.86.

The Nifty 50 declined 0.23% to touch an intraday low of 23,206.65, and the Sensex fell 0.25% to hit a low of 76,296.44.

"After the roller coaster ride last week, markets are taking a breather near record highs. The good part is that there's no price-wise correction. Yesterday, it was a muted session, and today the trend continued," said Ajit Mishra, senior vice president of research at Religare Broking.

Markets not only reclaimed short-term averages but also closed around record highs. It's a healthy consolidation. Religare is expecting markets to maintain this trend and gradually move towards the 23,800–24,000 zone, he told NDTV Profit.

Larsen & Toubro Ltd., Oil and Natural Gas Corp, Mahindra & Mahindra Ltd., Tata Motors Ltd., and Tata Steel Ltd. added to the Nifty.

Kotak Mahindra Bank Ltd., Reliance Industries Ltd., ITC Ltd., Asian Paints Ltd., and Bharti Airtel Ltd. weighed on the index.

On NSE, 10 sectors advanced and two remained flat. The NSE Nifty Realty rose the most among peers, and the NSE Nifty Bank was the top loser on Tuesday.

The NSE Nifty Midcap 150 and the NSE Nifty Smallcap 250 surged to record high for a second day on Tuesday. The indices were trading 0.93% and 0.75% higher, respectively.

Broader markets outperformed the benchmarks on BSE. The S&P BSE Midcap rose 0.98% and the S&P BSE Smallcap rose 1.01%.

On BSE, all 20 sectors advanced with the S&P BSE Capital Goods emerging as the top performing sector.

Market breadth was skewed in favour of buyers. Around 2,489 stocks advanced, 1,195 stocks declined, and 144 stocks remained unchanged on BSE.

Shares of Hindustan Construction Co jumped the most in nearly three months to hit an all-time high after the company get's its first ever analysts coverage.

Homegrown brokerage firm Elara Capital initiated coverage on the stock with a 'buy' rating, brokerage set a target price of Rs 63 apiece, implying an upside of 58% from Monday's close.

• Adani Defence and EDGE Group sign cooperation agreement in defence & security

• Agreement explores setting up R&D facilities in India, the UAE, and other global markets

Source: Exchange filing

In long-term pact with Google Cloud for expanded reach in US, India, UK and Australia

Source: Exchange filing

In long-term pact with Google Cloud for expanded reach in US, India, UK and Australia

Source: Exchange filing

Shares of Tata Steel, Vedanta, and Hindustan Zinc contributed the most to the gains in the index.

Shares of Tata Steel, Vedanta, and Hindustan Zinc contributed the most to the gains in the index.

Shares of Rail Vikas Nigam Ltd. rose over 4% on Monday after bagging two contracts.

The latest was a contract from the Bangalore Metro Rail Corporation Ltd. of over 300 Crore for the third rail track electrification of phase-2A and phase-2B. The time period for the completion of the project is 130 weeks.

RVNL was also the lowest bidder for a contract of Rs 138 Crore from Central Railway for upgrading the electric traction system in the Amla-Nagpur Section of the Nagpur railway division.

Shares of Rail Vikas Nigam Ltd. rose over 4% on Monday after bagging two contracts.

The latest was a contract from the Bangalore Metro Rail Corporation Ltd. of over 300 Crore for the third rail track electrification of phase-2A and phase-2B. The time period for the completion of the project is 130 weeks.

RVNL was also the lowest bidder for a contract of Rs 138 Crore from Central Railway for upgrading the electric traction system in the Amla-Nagpur Section of the Nagpur railway division.

Shares of H.G. Infra Engineering Ltd. jumped to fresh highs after its unit has set up a new subsidiary on June 4 to deal in solar power sector.

Shares of H.G. Infra Engineering Ltd. jumped to fresh highs after its unit has set up a new subsidiary on June 4 to deal in solar power sector.

Suzlon Energy Ltd. rose to nearly one-week high on Tuesday after the company informed the exchanges about securing 103.95 MW from AMPIN Energy Transition Pvt. Ltd.

Suzlon Energy Ltd. rose to nearly one-week high on Tuesday after the company informed the exchanges about securing 103.95 MW from AMPIN Energy Transition Pvt. Ltd.

• May production at 69,886 units vs 59,490 units YoY

• May sales at 69,011 units vs 58,799 units YoY

• May exports at 2,671 units vs 2,616 units YoY

Source: Exchange Filing

“With expectations of above-normal monsoon and continued emphasis on economic development by the new government, the auto industry is optimistic of steady growth in 2024-25 as well.”

— Vinod Aggarwal, SIAM President

Car sales in India clocked a modest growth in May 2024, amid surge in two-wheeler dispatches.

- Car sales up 3.9% YoY at 3,47,492 units.

- 2W sales up 10.1% YoY at 16,20,084 units.

- 3W sales up 14.7% YoY at 55,763 units.

Source: SIAM statement

• Confirms to continue with announced closure of heavy end assets and restructuring program

• Expresses concern at UK media reports on policy differences between UK Govt & opposition

Source : Exchange filing

Indian equities are poised for significant growth, presenting lucrative opportunities for investors.

That's the word coming in from Morgan Stanley India's MD Riddham Desai, who added that domestic investors surged ahead, displaying robust confidence in India's market prospects.

"There's a palpable enthusiasm among local investors, signalling a strong belief in the Indian economy." However, he acknowledged foreign investors' cautious stance, stating, "While international interest persists, there's a measured approach reflecting global uncertainties."

The Nifty Smallcap 250 rose as much as 0.67% to hit its record high of 16422.20 points. The Nifty Midcap 100 was 0.67% higher.

The Nifty Smallcap 250 rose as much as 0.67% to hit its record high of 16422.20 points. The Nifty Midcap 100 was 0.67% higher.

• Gets 103.95 MW order from AMPIN Energy Transition

• To supply 33 wind turbines with a rated capacity of 3.15 MW each

Source: Exchange filing

• HDFC Bank raises fixed deposit rates by 20 bps

• Rates on deposits between 18-21 months raised to 7.25%

• Rates effective June 10

Source: Bank Website

• India business net debt free in FY24

• JLR on track to become net debt free in FY25

• All businesses are self sustaining, investment spends are well funded

• Strong Infrastructure push by the Govt augurs well for the long term industry growth

• Aim to deliver over 25% market share across addressable market

• Aim EV EBITDA breakeven in FY26

Source: Investor presentation

• Cognizant announced acquisition of Belcan for $1.29 billion

• Target company is a North American ER&D company

• Acquisition implies target multiple of 1.6x EV/Sales

• Cognizant expects synergies of over $100 million within 3 years

• Target company has a revenue run rate of $800 million and grew at over 8% over the past 2 years

• This acquisition follows moves by large Indian IT peers to acquireER&D services companies

• Believes competition is intensifying with the entry of large peers

Shares of Transformers & Rectifiers (India) Ltd. were locked in an upper circuit of up to 5% after its Qualified Institutions Placement opened.

The filing stated that the company would be issuing shares at a floor price of Rs 699.95 per share, with a face value of Rs 1.

Shares of Transformers & Rectifiers (India) Ltd. were locked in an upper circuit of up to 5% after its Qualified Institutions Placement opened.

The filing stated that the company would be issuing shares at a floor price of Rs 699.95 per share, with a face value of Rs 1.

Shares of PTC Industries Ltd. has surged to the highest level since its listing on the bourses after it said it has partnered with leading entities under the Defense Testing Infrastructure scheme.

PTC Industries Ltd. has risen 5.50% to Rs 11,750.00, the highest level since June 9, 2023, when it was listed. It was trading 3.71% higher at Rs 11,550.00 as of 09:47 a.m. as compared to 0.05% decline in the NSE Nifty 50 index.

Shares of PTC Industries Ltd. has surged to the highest level since its listing on the bourses after it said it has partnered with leading entities under the Defense Testing Infrastructure scheme.

PTC Industries Ltd. has risen 5.50% to Rs 11,750.00, the highest level since June 9, 2023, when it was listed. It was trading 3.71% higher at Rs 11,550.00 as of 09:47 a.m. as compared to 0.05% decline in the NSE Nifty 50 index.

At pre-open, the Nifty was at 23,283.75, up by 24.55 points or 0.11% and the Sensex rose 190.82 points or 0.25% at 76,680.90.

Deploys SAP S/4 Hana applications for Mitsubishi Electric India

Source: Exchange filing

The yield on the 10-year bond opened flat at 7.02%.

Source: Cogencis

• The local currency opened 2 paise higher against the U.S. Dollar at 83.49.

• It closed at 83.51 on Monday.

Source: Bloomberg

• SBI seeks to hire experts across 25 sectors in project finance

• Experts sought for sectors such as road, port, airport, rail, metro, solar power, EVs, green hydrogen, semiconductors, etc.

• Experts to be hired on 1 year contract basis

Source: SBI

• Individual APE growing around 19% y-y at the industry level

• Growth was comparatively strong for private players at around 25% y-y in May-24

• Within the private, banca players grew ~26% y-y, while agency players’ grew at ~21% y-y

• SBI Life is preferred pick, given its steady market share gains and multiple levers on margins

• HDFC Life grew 23% y-y in individual APE in May-24

• IPRU Life delivered strong numbers in May-24, partly driven by the lower base of last year

• Await clarity from IRDAI on these regulations before becoming more

• constructive on the sector

• SBI Life has lowest share of non-linked product, insulating it from the impact of surrender value regulations to some extent

• Active equity funds garnered all time-high net inflows of Rs 403.7 billion

• Number was fueled by continued inflows in existing schemes (+28.1% MoM) and a pickup in inflows through NFO (+6.8x MoM)

• SIP flows continued to inch higher to INR209bn (+2.6% MoM)

• Active equity AUM increased 2.5% MoM to INR31.9tn driven by strong inflows

• Top picks- Nippon Life India Asset Management, Computer Age Management Systems, Aditya Birla Sun Life Amc

RBI rejects company's proposal to reappoint Rajkumar Bansal as MD & CEO

Source: Exchange filing

• Maintains 'Buy' with target Rs 960 up from Rs 598, Upside 18%

• Robust T&D outlook; gradual margin recovery

• Management retained FY25 order inflow/revenue growth guidance of 40%

• Aim for EBITDA margin of 7.5% for FY25 vs 6.1% FY24 margin

• T&D and Civil to propel order inflows

• International T&D to be driven by capex in Saudi and UAE,tower supply to Americas/Australia,

• Large value interconnection projects in Africa, and bottoming of Bangladesh/CIS markets

• Expect revenue/EBITDA/PAT CAGRs of 12%/28%/58% over FY24-27F

• Private life insurers’ individual APE grew 25.4% YoY, outgrowing industry’s 18.7% YoY

• LIC continued to underperform—clocking APE growth of just 7.2% YoY

• Individual APE five-year CAGR (FY20TD–25TD) is a strong 14.6% for private insurers

• Near-term challenges on margins (cyclical) and regulatory uncertainty on surrender values weighing

• Sectoral valuations may remain depressed until clarity emerges on regulations

• Top picks in the sector are SBI Life and HDFC Life

Approves draft letter of offer for Rs 450 crore fundraise via rights issue

Source: Exchange filing

• Opens QIP, sets floor price at Rs 699.95/share

• Floor price indicates a discount of 4.5% to the stock's previous close

Source: Exchange filing

• Nifty June futures are down by 0.41% to 23,247 at a discount of 12 points.

• Nifty June futures open interest down by 6.55%.

• Nifty Bank June futures are down by 0.52% to 49,732 at a discount of 48 points.

• Nifty Bank June futures open interest down by 6.7%.

• Nifty Options June 13 Expiry: Maximum call open interest at 24,000 and maximum put open interest at 23,000.

• Bank Nifty Options June 12 Expiry: Maximum call open interest at 52,000 and maximum put open interest at 47,000.

• Securities in ban period: Balrampurchini Mills, India Cements, SAIL, Zee Entertainment Enterprises.

• Nifty June futures are down by 0.41% to 23,247 at a discount of 12 points.

• Nifty June futures open interest down by 6.55%.

• Nifty Bank June futures are down by 0.52% to 49,732 at a discount of 48 points.

• Nifty Bank June futures open interest down by 6.7%.

• Nifty Options June 13 Expiry: Maximum call open interest at 24,000 and maximum put open interest at 23,000.

• Bank Nifty Options June 12 Expiry: Maximum call open interest at 52,000 and maximum put open interest at 47,000.

• Securities in ban period: Balrampurchini Mills, India Cements, SAIL, Zee Entertainment Enterprises.

• Price Band revised from 10% to 5%: Heritage Foods.

• Ex/record Dividend: Tata Motors, Asian Paints, Jindal Saw

• Ex/record AGM: Jana Small Finance Bank, Jindal Saw.

• Moved out short-term Framework: GRP, Heritage Foods.