Share Market News Today | Sensex, Nifty, Share Prices Highlights: Domestic indices NSE Nifty 50 and BSE Sensex ended in the red on Friday. The Sensex closed down by 0.31% at 64948.66, while the Nifty 50 shed 55.10 points to finish at 19,310.15. Bank Nifty settled at 43,851.05, down 0.09%. Among other sectoral indices, Nifty IT tanked 1.47% and Nifty Pharma tumbled 0.57%, while PSU Bank gained 0.23%, Nifty FMCG 0.22%, and Nifty Media surged 0.65%.
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Share Market Today LIVE | Sensex, Nifty, BSE, NSE, Share Prices, Stock Market News Updates 18 August 2023 Friday
15:38 (IST) 18 Aug 2023 Markets at Close
Domestic indices NSE Nifty 50 and BSE Sensex closed in the red on Friday. Sensex settled lower by 0.31% at 64,948.66, Nifty 50 gave up 55 points to close at 19,310.15.
14:02 (IST) 18 Aug 2023 JFSL to list soon
Jio Financial Services shares are set to list on the stock exchanges on 21 August.
12:50 (IST) 18 Aug 2023 Nifty Next 50 rejig
The National Stock Exchange on Thursday announced ACC, HDFC AMC, and Nykaa will be excluded from the Nifty Next 50 index in the latest rejig. Indus Towers and Page Industries will also be removed from the index from 29 September onwards. In their steed, PNB, Shriram Finance, Trent, TVS Motor, and Zydus Lifesciences will be included in the Nifty Junior index, said NSE Indices.
11:40 (IST) 18 Aug 2023 Derivative outlook
Nifty weekly contract has highest open interest at 19400 for Calls and 19350 for Puts while monthly contracts have highest open interest at 19400 for Calls and 19350 for Puts. Highest new OI addition was seen at 19400 for Calls and 19350 for Puts in weekly and at 19400 for Calls and 19350 for Puts in monthly contracts.
10:05 (IST) 18 Aug 2023 Concord Biotech IPO listing
Rakesh Jhunjhunwala-backed Concord Biotech shares have positive debut on the bourses, list at 21.5% premium at Rs 900.05 apiece on the BSE.
09:48 (IST) 18 Aug 2023 Nifty falling on global cues
“Globally stock markets have declined this month. In the mother market US the S&P 500 is down by 4.25%. This pull back has been triggered mainly by the rising dollar and spiking US bond yields in the US, which, in turn, is in response to the view of most Fed officials that the Fed will have to tighten rates more to rein in inflation. Nifty is down 3% from the July peak of 19,979, moving in sympathy with the global cues.”
– V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services.
09:21 (IST) 18 Aug 2023 Nifty IT falls
The IT index tanked sharply, falling over 0.75% in early trade as index heavyweights such as HCL Tech, TCS and Wipro dragged.
09:19 (IST) 18 Aug 2023 Markets at open
NSE Nifty 50 and BSE Sensex tanked on open as Nifty slipped below the 19,300 mark while Sensex fell over 250 points to 64,853.40.
09:13 (IST) 18 Aug 2023 Pre-open session
Domestic indices NSE Nifty 50 and BSE Sensex ended the morning’s pre-open session in the red on Friday. Nifty 50 settled at 19,301.75, down 63 points and Sensex gave up 0.19% to end at 65,025.71.
09:01 (IST) 18 Aug 2023 Factors spooking markets
“While depreciating currency continues to spook markets, the relatively weak macro-economic scenario like rising domestic inflation, FII fund outflow, Chinese slowdown and the US Fed signalling more rate hikes to contain inflation can prompt investors to book profits.”
– Prashanth Tapse, Senior VP (Research), Mehta Equities
08:42 (IST) 18 Aug 2023 Bank Nifty outlook
“The Bank Nifty index displayed resilience by maintaining the support level of 43,600, which aligns with its 100-day moving average (100 DMA). This support zone becomes crucial for adopting a buy-on-dip strategy.A key resistance level at 44,200 awaits, and surpassing it could trigger short-covering and a potential move towards the 45,000 level,” said Kunal Shah, Senior Technical & Derivative analyst at LKP Securities.
08:25 (IST) 18 Aug 2023 F&O ban today
The National Stock Exchange has PNB, India Cements, Hindustan Copper, GNFC, SAIL, Chambal Fertilisers, Delta Corp, Granules India, ZEEL, and Indiabulls Housing Finance securities on its F&O ban list for 18 August.
08:13 (IST) 18 Aug 2023 FII, DII data
Foreign institutional investors (FII) sold shares worth net Rs 1,510.86 crore, while domestic institutional investors (DII) offloaded shares worth net Rs 313.97 crore on 17 August.
08:02 (IST) 18 Aug 2023 Wall Street overnight
Wall Street’s main indexes closed lower after choppy trading on Thursday as losses in healthcare stocks eclipsed gains in Cisco and energy stocks, while upbeat economic data kept alive fears of interest rates remaining higher for longer, according to Reuters. S&P 500 gave up 0.77%, the Nasdaq Composite crashed 1.07%, and the Dow Jones Industrial Average lost 0.84%.
08:02 (IST) 18 Aug 2023 Asian markets
Shares in the Asia-Pacific region were trading in the red on Friday. China’s Shanghai Composite and Shenzhen Component were higher by 0.25% and lower by 0.28% respectively. Japan’s Nikkei 225 traded with losses of 0.32%. South Korea’s Kospi declined 0.34% while Hong Kong’s Hang Seng fell 0.38%. The Taiwan Weighted index recorded a gain of 0.24%.