Today, i.e. November 19, the stock market is on the rise. Sensex is trading at 78,000 level with a gain of over 900 points (1.20%). At the same time, Nifty is also up by over 200 points (1.21%), it is trading at 23,750 level.
Out of 30 Sensex stocks, 27 are showing a rise and only 3 are showing a decline. Today, we are seeing increased growth in automobile, energy and IT stocks. Shares of M&M and Tata Motors rose more than 2%.
Mixed activity for Asian markets
On the Asian market, the Japanese Nikkei is up 0.69%. At the same time, Korea’s Kospi saw a rise of 0.32% and China’s Shanghai Composite saw a decline of 0.39%. On November 18, the US Dow Jones fell 0.13% and closed at 43,389. While the S&P 500 rose 0.39% to close at 5,893 and the Nasdaq closed higher. 0.60% to 18,791, according to NSE data, foreign investors (FIIs) sold shares worth ₹1,403 crore on November 18. During this period, domestic investors (DIIs) purchased shares worth ₹2,330 crore.
Mama Earth shares fell 11% There was a sharp drop in shares of Mama Earth’s parent company ‘Hosana Consumer’ today. The company’s shares fell by 11% to Rs 263. Earlier yesterday, a 20% fall was also seen in the company’s shares.
In fact, the company released its quarterly results. During the July-September period, Honasa Consumer posted a loss of Rs 19 crore, compared to a profit of Rs 29 crore in the year-ago period.
NTPC Green Energy IPO to open from today The IPO of NTPC Green Energy Limited, a subsidiary of government-owned NTPC, will begin from today. Investors will be able to bid on this public issue until November 22. The company’s shares will be listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) on November 27.
There was a market drop yesterday Earlier yesterday i.e. on November 18, a decline in the stock market was noted. The Sensex closed at 77,339 with a fall of 241 points. At the same time, Nifty also fell 78 points and closed at 23,453 level.