{"id":51587,"date":"2023-11-22T18:41:14","date_gmt":"2023-11-22T13:11:14","guid":{"rendered":"https:\/\/presskitaquat.com\/english\/?p=51587"},"modified":"2023-11-22T18:41:14","modified_gmt":"2023-11-22T13:11:14","slug":"markets-settle-with-modest-gains-in-highly-volatile-trade","status":"publish","type":"post","link":"https:\/\/presskitaquat.com\/english\/markets-settle-with-modest-gains-in-highly-volatile-trade\/","title":{"rendered":"Markets settle with modest gains in highly volatile trade"},"content":{"rendered":"<p>Mumbai, November 22<\/p>\n<p>Equity benchmarks Sensex and Nifty eked out marginal gains to settle in the positive zone after a highly volatile trade on Wednesday, helped by buying in index majors Infosys, ITC and Reliance Industries.<\/p>\n<p>However, foreign fund outflows from the equity market restricted the upmove in stocks, traders said.<\/p>\n<div class=\"news-area\">\n<div class=\"row\">\n<div class=\"col-lg-12 col-md-12 col-sm-12\">\n<div class=\"story-desc\">\n<p>In a choppy session, the 30-share BSE Sensex climbed 92.47 points or 0.14 per cent to settle at 66,023.24. During the day, it fell to a low of 65,664.85 and touched a high of 66,063.43.<\/p>\n<p>The Nifty edged higher by 28.45 points or 0.14 per cent to 19,811.85.<\/p>\n<div id=\"ads-3\" class=\"horizontal-ads\">\n<div id=\"div-gpt-ad-1603703616686-0\">\n<div id=\"aff451zpllgrjdneoykbfaqakn_div-gpt-ad-1603703616686-0\" data-google-query-id=\"COHxyt3W14IDFZAtgwMd6WkHcA\">\n<div id=\"google_ads_iframe_\/42115163,58180893\/IP_tribuneindia.com_ALL_Multisize_RON_Both_HVR_10__container__\"><iframe id=\"google_ads_iframe_\/42115163,58180893\/IP_tribuneindia.com_ALL_Multisize_RON_Both_HVR_10\" tabindex=\"0\" title=\"3rd party ad content\" role=\"region\" name=\"google_ads_iframe_\/42115163,58180893\/IP_tribuneindia.com_ALL_Multisize_RON_Both_HVR_10\" width=\"1\" height=\"1\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\" aria-label=\"Advertisement\" data-load-complete=\"true\" data-google-container-id=\"r\" data-gtm-yt-inspected-4=\"true\" data-gtm-yt-inspected-17=\"true\" data-mce-fragment=\"1\"><\/iframe><\/div>\n<div class=\"teads-inread sm-screen\">\n<div>\n<div class=\"teads-ui-components-adchoices\"><\/div>\n<div class=\"teads-ui-components-label\">ADVERTISING<\/div>\n<div id=\"teads0\" class=\"teads-player\"><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p>\u201cInvestors are following global markets, which are mostly sluggish with a mixed bias. Due to lack of fresh positive triggers, investors are trading cautiously and taking selective bets,\u201d Prashanth Tapse, Research Analyst, Sr VP Research, Mehta Equities Ltd, said.<\/p>\n<p>Among the Sensex firms, Infosys, NTPC, Power Grid, Titan, ITC, Tech Mahindra, Hindustan Unilever, Axis Bank, Tata Consultancy Services, Bajaj Finserv, Reliance Industries and UltraTech Cement were the biggest gainers.<\/p>\n<p>In contrast, IndusInd Bank, Kotak Mahindra Bank, Mahindra &amp; Mahindra, JSW Steel, HDFC Bank and Maruti were the major laggards.<\/p>\n<div id=\"ads-6\" class=\"horizontal-ads\">\n<div id=\"div-gpt-ad-1603704598651-0\" data-google-query-id=\"CNCjl93V14IDFTQagwMd7f8GIg\">\n<div id=\"google_ads_iframe_\/58180893\/Content-1\/Desktop-Content-1_0__container__\"><\/div>\n<\/div>\n<\/div>\n<p>In the broader market, the BSE midcap gauge climbed 0.33 per cent, while smallcap index declined 0.63 per cent.<\/p>\n<p>Among the indices, power jumped 1.41 per cent, auto climbed 0.64 per cent, teck (0.52 per cent), FMCG (0.34 per cent), capital goods (0.38 per cent) and oil &amp; gas (0.36 per cent).<\/p>\n<p>Commodities, financial services, industrials, telecommunication and bankex were among the laggards.<\/p>\n<div id=\"ads-9\" class=\"horizontal-ads\">\n<div id=\"div-gpt-ad-1603704840213-0\" data-google-query-id=\"CNGjl93V14IDFTQagwMd7f8GIg\">\n<div id=\"google_ads_iframe_\/58180893\/Content-1\/Desktop-Content-3_0__container__\"><\/div>\n<\/div>\n<\/div>\n<p>Underlining that the banking system continues to be resilient and there is no immediate cause of worry for the system, RBI Governor Shaktikanta Das on Wednesday advised lenders to be more cautious and spot any trend of risk building early.<\/p>\n<p>\u201cWhile banks and NBFCs are showing good performance now, sustaining it requires concerted efforts. In good times like these, banks and NBFCs need to reflect and introspect as to where potential risks could possibly originate,\u201d he said.<\/p>\n<p>At a time when the system is reporting robust credit growth, Das asked lenders to avoid any form of \u201cexuberance\u201d in their business and to ensure that sectoral and sub-sectoral exposures are \u201csustainable\u201d.<\/p>\n<div id=\"ads-12\" class=\"horizontal-ads\">\n<div id=\"div-gpt-ad-1603704946999-0\" data-google-query-id=\"CNKjl93V14IDFTQagwMd7f8GIg\">\n<div id=\"google_ads_iframe_\/58180893\/Content-1\/Desktop-Content-4_0__container__\"><\/div>\n<\/div>\n<\/div>\n<p>In Asian markets, Seoul and Tokyo settled in the green, while Shanghai and Hong Kong ended lower.<\/p>\n<p>European markets were trading mostly with gains. The US markets ended in negative territory on Tuesday.<\/p>\n<p>\u201cDespite the US Fed adopting a cautious stance in its minutes and refraining from indicating a rate cut, the market recovered from the day&#8217;s correction and ended with mild gain. On the other hand, the broad market witnessed some profit-booking as investors&#8217; focus shifted to the primary market, marked by a set of IPOs scheduled for this week.<\/p>\n<p>\u201cHowever, the undercurrent is positive, with a cooling of inflation and an easing US bond yield supporting a short- to medium-term rally,\u201d said Vinod Nair, Head of Research at Geojit Financial Services.<\/p>\n<p>Global oil benchmark Brent crude declined 0.46 per cent to USD 82.07 a barrel.<\/p>\n<p>Foreign Institutional Investors (FIIs) offloaded equities worth Rs 455.59 crore on Tuesday, according to exchange data.<\/p>\n<p>The BSE benchmark climbed 275.62 points or 0.42 per cent to settle at 65,930.77 on Tuesday. The Nifty went up by 89.40 points or 0.45 per cent to 19,783.40.<\/p>\n<p><a class=\"tag-text\" href=\"https:\/\/www.tribuneindia.com\/news\/tag\/mumbai\">#Mumbai<\/a>\u00a0<a class=\"tag-text\" href=\"https:\/\/www.tribuneindia.com\/news\/tag\/sensex\">#Sensex<\/a><\/p>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"row margin-bottom-20\">\n<div id=\"LiveBlogTimelineContainer\" class=\"col-lg-12 col-md-12 col-sm-12\"><\/div>\n<\/div>\n<\/div>\n<div id=\"taboola-below-article-thumbnails\" class=\" trc_related_container trc_spotlight_widget tbl-feed-container tbl-feed-frame-DIVIDER \" data-feed-container-num=\"1\" data-feed-main-container-id=\"taboola-below-article-thumbnails\" data-parent-placement-name=\"Below Article Thumbnails\" data-pub-lang=\"en\">\n<div class=\" tbl-feed-header tbl-logo-right-position\">\n<div class=\"tbl-feed-header-logo\"><\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Mumbai, November 22 Equity benchmarks Sensex and Nifty eked out marginal gains to settle in the positive zone after a highly volatile trade on Wednesday, helped by buying in index majors Infosys, ITC and Reliance Industries. However, foreign fund outflows from the equity market restricted the upmove in stocks, traders said. In a choppy session, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":51588,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jnews-multi-image_gallery":[],"jnews_single_post":{"subtitle":"","format":"standard","video":"","gallery":"","source_name":"","source_url":"","via_name":"","via_url":"","override_template":"0","override":[{"template":"1","single_blog_custom":"","parallax":"1","fullscreen":"1","layout":"right-sidebar","sidebar":"default-sidebar","second_sidebar":"default-sidebar","sticky_sidebar":"1","share_position":"top","share_float_style":"share-monocrhome","show_share_counter":"1","show_view_counter":"1","show_featured":"1","show_post_meta":"1","show_post_author":"1","show_post_author_image":"1","show_post_date":"1","post_date_format":"default","post_date_format_custom":"Y\/m\/d","show_post_category":"1","show_post_reading_time":"0","post_reading_time_wpm":"300","show_zoom_button":"0","zoom_button_out_step":"2","zoom_button_in_step":"3","show_post_tag":"1","show_prev_next_post":"1","show_popup_post":"1","number_popup_post":"1","show_author_box":"0","show_post_related":"0","show_inline_post_related":"0"}],"override_image_size":"0","image_override":[{"single_post_thumbnail_size":"crop-500","single_post_gallery_size":"crop-500"}],"trending_post":"0","trending_post_position":"meta","trending_post_label":"Trending","sponsored_post":"0","sponsored_post_label":"Sponsored by","sponsored_post_name":"","sponsored_post_url":"","sponsored_post_logo_enable":"0","sponsored_post_logo":"","sponsored_post_desc":"","disable_ad":"0"},"jnews_primary_category":{"id":"","hide":""},"footnotes":""},"categories":[9852,14176,20,16185],"tags":[30171,30172,27683,30173,8669,8843,30170,30169,30167,30166,30165,30164,7693,27673,27677,27672,27671,30168,26964],"class_list":["post-51587","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-breaking","category-cover-story","category-india","category-national","tag-crude-oil-futures","tag-how-to-find-options-trades","tag-latest-market-trends","tag-learn-to-trade","tag-market","tag-markets","tag-markets-settle","tag-markets-settle-modest","tag-markets-settle-modest-gains","tag-markets-settle-modest-gains-highly","tag-markets-settle-modest-gains-highly-volatile","tag-markets-settle-modest-gains-highly-volatile-trade","tag-stock-market","tag-stock-market-latest-trends","tag-stock-markets-latest-news-updates","tag-stock-markets-today","tag-stock-markets-today-latest-news-today","tag-volatile","tag-white-house"],"_links":{"self":[{"href":"https:\/\/presskitaquat.com\/english\/wp-json\/wp\/v2\/posts\/51587","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/presskitaquat.com\/english\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/presskitaquat.com\/english\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/presskitaquat.com\/english\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/presskitaquat.com\/english\/wp-json\/wp\/v2\/comments?post=51587"}],"version-history":[{"count":1,"href":"https:\/\/presskitaquat.com\/english\/wp-json\/wp\/v2\/posts\/51587\/revisions"}],"predecessor-version":[{"id":51589,"href":"https:\/\/presskitaquat.com\/english\/wp-json\/wp\/v2\/posts\/51587\/revisions\/51589"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/presskitaquat.com\/english\/wp-json\/wp\/v2\/media\/51588"}],"wp:attachment":[{"href":"https:\/\/presskitaquat.com\/english\/wp-json\/wp\/v2\/media?parent=51587"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/presskitaquat.com\/english\/wp-json\/wp\/v2\/categories?post=51587"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/presskitaquat.com\/english\/wp-json\/wp\/v2\/tags?post=51587"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}