Adani Enterprises shares gain amidst profit booking in many large cap stocks

Indian equity markets have started the day today, 19^th September, in red. At 9:30 a.m. IST, Nifty 50 is down by 72.50 points or 0.29%. Sensex is down by 235.74 points or 0.28%. After the gains in the last one hour of trading yesterday, profit booking seems to be taking place in the first hour today in many large cap stocks.

Adani group shares gain after SEBI clean chit

Top 3 gainers at Nifty 50 at this time are Adani Enterprises, Adani Ports and Shriram Finance. Top 3 losers at this time are Nestle India, Tata Consumer and TCS. Shares of Adani group companies are gaining today. This, after SEBI, yesterday, gave clean chit to Gautam Adani and other Adani group entities in the Hindenburg market manipulation case.

Short term profit booking in many large cap stocks

Among the broad market indices, Nifty 100 index is the top loser at this time, at NSE. It is down by 0.20%. But many midcap, small cap and microcap stocks are gaining. Nifty Microcap 250 index is the top gainer at this time. It is up by 0.29%. Nifty Midcap 100 index is up by 0.25%. Nifty Smallcap 100 is up by 0.18%.

Shares of PSU banks gaining

Among sectoral indices, Nifty PSU bank index is the top gainer at this time. It is up by 0.48%.  Some oil & gas stocks are also gaining. Nifty Oil & Gas index is up by 0.40% at this time.

IT shares seeing profit booking

Nifty IT index is the top loser among sectoral indices at this time. It is down by 0.69%. Many IT stocks are seeing short term profit booking today after the gains of the past two days.

Market breadth is positive

Market breadth is positive at this time. 1409 stocks are gaining at NSE. 1149 stocks are declining. 100 stocks are unchanged.

Disclaimer : This content is only for informational purpose. It does not make any recommendation to act or invest.

Source : NSE