Table of Contents
Introduction
Share Market Today (13/12/2024) witnessed a volatile move and closed green on the benchmark indexes Sensex and Nifty.The Sensex was up 730.39 points to 82,020.35, while the Nifty50 gained 192.70 points to 24,741.40.
The Sensex and Nifty fully recovered today after the steep intraday fall, reflecting broad-based volatility across the market. The sensex tanked more than 1100 points in intraday move. With today’s rally, both SENSEX and NIFTY turned positive for the week.
Market Update
1: What is a stock?
Indices Performance:
- Nifty 50: +219.60 points, or 0.89%.
- Sensex: +843.16 points, or 1.04%
Sector Performance:
- Top Gainers: Telecom, FMCG, and consumer durable stocks were the top sectoral gainers.
- Losers: Metal stocks slipped the most.
-
Here’s the latest performance for the major indices :
Index Current Value Change % Change Midcap Nifty 13134 +63 +0.48% Bank Nifty 53583 +367 +0.69% FinNifty 24880 +153 +0.63% Nifty IT 45995 +294 +0.62%
Top Gainers of Share Market Today
|
Company Name
|
Current Price (Rs)
|
% Change
|
|---|---|---|
|
KPR Mill
|
1,080 | 6.09% |
|
Crisil
|
5,818 | 5.27% |
|
Westlife Dev.
|
813.75 | 4.61% |
|
Bharti Airtel
|
1,682 | 4.43% |
|
Bharti Hexacom
|
1,484 | 4.41% |
Top Losers of Share Market Today
|
Company Name
|
Current Price (Rs)
|
% Change
|
|---|---|---|
|
Phoenix Mills
|
1,775 | -3.83% |
|
KSB
|
784.25 | -3.61% |
|
UCO Bank
|
46.89 | -3.56% |
|
Archean Chemical
|
669.30 | -3.52% |
|
SAIL
|
124.76 | -3.49% |
Post-Market Commentary
Market Mood:
- Benchmark equity indices ended the week’s last trading day in positive territory.
- The 30-share Sensex, after paring early losses, settled at 82,133.12, up 843.16 points or 1.04 per cent from its previous close.
- The equity market in India witnessed a roller-coaster session on the day of the Sensex weekly expiry.
- Among the sectoral indices, Nifty FMCG, Consumer Durables and Private Bank indices rose up to a per cent.
- Nifty Bank, Financial Services and IT indices climbed over half a per cent.
- On the flip side, Nifty Metal, Media and Realty indices declined about half a per cent.
Global Factors:
- Asian markets showed mixed results, with Tokyo, Shanghai and Hong Kong declining while Seoul advanced.
- European markets traded positively, whilst Wall Street closed lower on Thursday.
Hot Stocks of Share Market Today
-
Shares of Bajel Projects rallied 20% to hit a high of ₹293.90 apiece on the NSE.
- Waaree Energy shares rose for seven straight days to Thursday, putting total gains of over 12%.
- Shares of Bharti Airtel ended 4.44% higher at ₹1,682 apiece on the NSE.
- Zomato shares ended over 1% higher at ₹288.20 apiece on the BSE despite the company receiving the tax notice.
Data Impact
- India’s retail inflation came in at 5.5% in November, within the Reserve Bank of India’s (RBI) target band. However, elevated food prices remain a worry, raising concerns about potential delays in interest rate cuts by the central bank.
- India VIX, the volatility index, ended at 13.05 levels, down 1.04%
Learn Stock Marketing with Share Trading Expert! Explore Here!
Sectors
- Indian IT stocks extended their winning streak for the fourth consecutive session on Thursday, December 12, driven by heightened expectations of a Federal Reserve interest rate cut next week.
News and Events of Share Market Today
- Rupee rallies to close 10 paise higher at 84.78 against US dollar.
- The government is considering a proposal to impose safeguard duty on steel imports, Union Steel Minister HD Kumaraswamy said.
- SEBI proposes to open up algo trading for retail investors to improve market integrity
Current IPO Subscription Status
| IPO Name | Date | Status | QIB | NII | RII | Total |
| Purple United Sales | 11-13 Dec | IPO Closes Today | 55.12 | 121.75 | 98.52 | 91.09 |
| Vishal Mega Mart | 11-13 Dec | IPO Closes Today | 26.92 | 12.39 | 2.05 | 11.37 |
| Mobikwik | 11-13 Dec | IPO Closes Today | 49.82 | 94.89 | 120.89 | 75.03 |
| Sai Life Sciences | 11-13 Dec | IPO Closes Today | 11.61 | 2.84 | 0.80 | 4.33 |
| Supreme Facility | 11-13 Dec | IPO Closes Today | 5.71 | 7.93 | 27.24 | 16.40 |
| Inventurus Knowledge | 12-16 Dec | Open | 1.86 | 2.29 | 3.48 | 2.27 |
| Yash Highvoltage | 12-16 Dec | Open | 0.20 | 6.62 | 13.77 | 8.36 |
| International Gemological | 13-17 Dec | Open | 0.00 | 0.08 | 0.52 | 0.12 |
| Hamps Bio | 13-17 Dec | Open | – | 1.31 | 12.75 | 7.03 |
- Issue booked 27.23x so far led by QIBs, NIIs
Ahead
Watch out for the U.S. Fed meeting, inflation numbers, and more corporate earnings.
FII/FPI & DII trading activity
| Category | Date | Buy Value(₹ Crores) | Sell Value(₹ Crores) | Net Value(₹ Crores) |
|---|---|---|---|---|
| DII ** | 12-Dec-2024 | 13,418.45 | 10,771.80 | 2,646.65 |
| FII/FPI * | 12-Dec-2024 | 14,503.85 | 18,063.86 | -3,560.01 |
Combined FII / FPI & Domestic Institutional Investors (DII) trading data across BSE, NSE and MSEI is collated based on trades executed by FIIs / FPIs and DIIs.
Conclusion
The market ended in green today. The economy looks strong, so the momentum should continue, but global factors may create volatility. The equity market in India witnessed a roller-coaster session on the day of the Sensex weekly expiry.
Hope this version is what you needed!
Stock Market Trading Basics
Part-1: The History of Stock Trading
Part-2: The History of Stock Market Crashes
Part-3: Stock Market Trading: Vocabulary
Part 4: Equity Finance vs Debt Finance
Part-5: Indian Stock Market Holidays Calendar
Part-6: How to Invest Smartly in Stock Market
Frequently Asked Questions
How did the Nifty 50 and sensex perform today?
The Sensex was up 730.39 points to 82,020.35, while the Nifty50 gained 192.70 points to 24,741.40
Which sectors showed performance in the market today?
Among the sectoral indices, Nifty FMCG, Consumer Durables and Private Bank indices rose up to a per cent.
Why is following daily market news important?
Staying updated with daily market news helps investors and traders make informed decisions. It highlights economic indicators, market trends, and geopolitical events that can impact investments.
Can market news updates help with day trading?
Yes, market news updates are crucial for day traders. Real-time information on earnings, economic data, and geopolitical events can influence short-term price movements and trading strategies.
Is stock market investing risky?
Stock market investing carries inherent risks because stock prices can fluctuate dramatically, and there’s always a potential to lose money, though diversification and long-term strategies can help mitigate these risks.
What are blue-chip stocks?
Blue-chip stocks are shares of large, well-established companies with a history of stable performance, consistent dividend payments, and strong financial health. The top 50 nifty stocks can be told as blue chip stocks
How can I learn more about investing?
You can learn about investing by reading financial news, taking online courses, following experienced investors, using stock market simulation apps like Entri, and potentially consulting with a professional financial advisor. Check out Entri stock market course.
