Nifty, Sensex Continue Trend Up – Tuesday Closing Report
Moneylife Digital Team 29 November 2022
On Tuesday, the indices opened gap down and ended with gain. On the Bombay Stock Exchange (BSE), 1,716 stocks advanced, 1,763 declined, and 148 remained unchanged with advance decline ratio of 0.97. 
 
The trend of the major indices on Tuesday’s trading are given in the table below:
 
 
On NSE, 81 securities advanced and closed at new 52 week high whereas 24 securities sank to close at their new 52-week lows. In sectorial indices, Nifty Realty and Nifty Auto were the biggest losers whereas Nifty FMCG and Nifty Metal were the biggest gainers. The broader market indices underperformed their larger peers with BSE Midcap and BSE Small Cap declined 0.4% and 0.3% respectively.
 
Rupee ended at 81.72/$ as compared to Monday’s close of 81.67/$.
 
In insider buying and selling, Max Financial Services Promoters sold net 5,400,000 shares through open market. HDFC Life Insurance Company Director sold net 60,000 shares through open market. CMI Promoters sold net 68,043 shares through open market. Shakti Pumps (India) Promoters bought net 12,000 shares through open market. Shalby Promoters bought net 20,000 shares through open market. 
 
In large trades, Prism Johnson’s 1.4% equity changed hands at Rs120.25 per share. Delhivery’s 0.5% equity changed hands at Rs307 per share. ICICI Prudential’s 0.24% equity changed hands at Rs456 per share.
 
Krishna Institute of Medical Sciences has acquired an additional stake of 7.79% in subsidiary Arunodaya Hospitals.
 
Dabur has announced a direct to customer platform. Stock gained more than 6%. Bandhan Bank closed more than 4% higher after CLSA upgraded the Bank. Laurus Labs declined more than 9% after Kotak Securities downgraded the stock due to continued price erosion of its commodity bulk drugs.
 
Ethos ended in the green after the company signed deal with Swiss watch brand Speake-Marin for the Indian market.
 
Maharashtra Seamless will shut down its hot mill facility at Nagothane for around four weeks. The stock ended in red.
 
Lyka Labs ended in green after SAT reduced debarment period of Lyka Labs from three years to the period already undergone from accessing capital markets.
 
Qatar and Germany will sign 15-year agreement starting 2026 for additional LNG supply.
 
TCS and ICICI Bank have launched iLens a digital lending solution. Consumer products stocks like Hindustan Lever, Nestle and other stocks went up.
 
The top gainers and top losers of the major indices are given in the table below:
 
 
The closing values of the major Asian indices are given in the table below:
 
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