Nifty, Sensex deeply in the red – Monday Closing Report
Moneylife Digital Team 06 December 2021
We had mentioned in Friday’s closing report that Nifty and Sensex may trend up. On Monday, the indices opened marginally higher and ended with loss. On the National Stock Exchange (NSE), 683 stocks advanced, 1,384 declined and 72 remained unchanged with advance decline ratio of 0.47, indicating major weakness in broader markets.
The trend of the major indices on Monday’s trading are given in the table below:
The markets witnessed Monday mayhem today as Sensex was down 949.32 points and Nifty down 284 points. Auto, IT and Pharma stocks were major losers today. IndusInd Bank and Bajaj Finserv were the biggest losers today in BSE Sensex, UPL was the only gainer in Nifty 50.
IEX total volume in November rose 54% year-on-year (y-o-y) and real time electricity volume was up by 47%.
Satin Credit Care Network board has approved raising funds of upto Rs 225 crore to promoters and non-promoters at Rs 81.25 per share.
DMRC will pay Rs 1,000 crore to Reliance Infra in 48 hours as per the Delhi High Court order.
NCLT Mumbai has admitted RBI’s insolvency plea against Reliance Capital.
Rate Gain Travel Tech’ IPO (initial public offer) is set to open on 7 Dec in a price band of Rs 405-Rs425 to raise Rs 1,336 crore.
Shriram Properties IPO will open on 8 Dec in a price band of Rs 113- Rs 118 to raise Rs 600 crore.
Map My India’s IPO is set to open on 9 Dec in a price band of Rs 1000- Rs 1,033 to raise Rs 1,040 crore.
Tata Motors will increase price of its commercial vehicle by upto 2.5% from 1 Jan 2022. Its UK JLR sales were down 35.2% to 4,097 units in November 2021.
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:
Weekly Moneylife Indices & Sector Trends
Moneylife Digital Team 04 December 2021
From 26th November to 3 December 2021, ML Large-cap Index, ML Mega-cap Index, the Sensex, the NIFTY, ML Small-cap Index and ML Mid-cap Index rose 1% each. ML Micro-cap Index ended flat.
Moneylife Stockgraders
Moneylife Digital Team 04 December 2021
1. The Grader captures the first two of the three intrinsic factors that drive a stock: valuation, returns and growth. Since growth is volatile and difficult to capture through a metric, we have...
Borosil Renewables: Robust Growth Outlook
Moneylife Digital Team 02 December 2021
Borosil Renewables (Borosil) reported gross quarterly revenue of Rs161 crore, up 18% quarter-on-quarter (q-o-q) and 41% year-on-year (y-o-y). Operating profit was Rs59 crore down 5% q-o-q and up 84% y-o-y and net profit was Rs34...
Gujarat Fluorochemicals: Well-executed Expansion Will Lead To Re-rating
Moneylife Digital Team 02 December 2021
Gujarat Fluorochemicals Limited (GFCL) is a specialty chemicals company and a leading producer of fluoropolymers, fluorospecialties, refrigerants and chemicals. It is looking to join futuristic technology, like electric vehicles...
Free Helpline
Legal Credit