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Share Market Closing Note Sensex, Nifty end flat amid volatility

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Benchmark indices ended with marginal losses in the volatile session on November 9.


At Close, the Sensex was down 112.16 points or 0.19% at 60,433.45, and the Nifty was down 24.20 points or 0.13% at 18,044.30. About 1958 shares have advanced, 1269 shares declined, and 162 shares are unchanged.

M&M, Tata Motors, Hero MotoCorp, ONGC and SBI were among the major Nifty gainers. Losers included Britannia Industries, HDFC Bank, Maruti Suzuki, JSW Steel and Power Grid.

Among sectors, auto and capital goods indices added 1 percent each, while buying is seen in the power, oil & gas, pharma names. However, metal and banking names remained under pressure. The BSE midcap index was up 0.8 percent and smallcap index rose 0.67 percent.

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Topic :- Time:3.15 PM

Just In:

India may get $1 bn FII boost post revamp of MSCI index.

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Topic :- Time:3.00 PM

Nifty is declining further and is now trading near to its important support. Nifty spot close above 18000-17980 levels will result in pull back in coming session and if it closes below above mentioned level then some sluggish movement can be seen.

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Topic :- Time:2.30 PM

GOLD Trading View:

GOLD is trading at 48075.If it manages to trade and sustain above 48120 level then expect some upmove in it and if it breaks and trade below 48020 level then some decline can follow in it.

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Topic :- Time:2.20 PM

Just In:

Spike in home registrations in Mumbai during the Diwali week soon after October 2021 saw property registrations hit a 10-year high.

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Topic :- Time:2.10 PM

Important Alerts:

1. M&M share price jumps nearly 3% ahead of September quarter earnings

2. TVS Motor shares hit 52-week high on plan to raise funds for EV business

3. KFC operator Sapphire Foods IPO subscribed 31%; retail investors portion booked 1.68 times on day 1

4. Crypto market value tops $3 trillion for first time

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Topic :- Time:2.00 PM

Selling pressure is mounting in the market. Nifty is not able to sustain higher levels today. Nifty spot if breaks and trade below 18000 level which is good support zone then expect some further decline in the market and if nifty manages to holds it then some quick pull back is expected in the market.

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Also Read:- [SEBI Registered] What is the Difference Between Stock Brokers and Investment Advisors?

Topic :- Time:1.30 PM

COPPER Trading View:

COPPER is trading at 738.60.If it holds below 740 level then expect it to test 734 level quite soon and if it manages to trade and sustain above 740 level then some upmove can be seen in it.

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Topic :- Time:1.10 PM

Nifty is still trading in a range. Nifty spot if manages to trade and sustain above 18060 level then expect some upmove and if it breaks and trade below 18020 level then some decline can be seen in the market.

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Topic :- Time:12.10 PM

Just In:

Paytm IPO Alert: Total subscription at 34% on Day 2, retail portion booked 98%.

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Topic :- Time:12.00 PM

Nifty is trading with minor losses. Nifty spot if breaks and trade below 18040 level then expect some further decline in the market and if it manages to trade and sustain above 18080 level then some upmove can be seen in the market. Currently Nifty spot is trading at 18057.

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Topic :- Time:11.30 AM

News Wrap Up:

1.  Broader indices outrun; Sapphire Foods IPO subscribed 18% so far

2. Live news updates: 4 die in Tamil Nadu rains, parts of Chennai flooded

3. Overseas funds seek relaxations in IPO payment rules from Sebi

4. $3 trillion-strong! Crypto world hits record market cap as ether, bitcoin gain in trade

5. FPIs can invest in debt securities issued by InvITs, REITS: RBI circular

6. Britannia Industries dips 5% on margin disappointment in Q2

7. S H Kelkar and Co zooms 19% after 10% equity changes hands via block deals

8. TVS Motor soars 11%, nears record high on fund raise buzz for EV subsidiary

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Topic :- Time:11.00 AM

Stock Market Live Commentary For 09 Nov 2021:

After flat opening nifty is trading in red zone. Nifty spot if manages to trade and sustain above 18040 level then expect it to rise and if it breaks and trade below 18000 level then some decline can be seen in the market.

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