stock market decline depth; Sensex slipped 410 points, SJVN fell 9% due to news of share sale.

live updates

Share Market LIVE: The stock market had a weak start due to weak global and domestic signals. This decline is deepening. BSE Sensex has fallen 410 points and slipped below 66,400. Nifty has also fallen by 115 points and fallen below 19,800. Weakness is being recorded in the stock market for the third consecutive day on Thursday.

pressure on these stocks

In the market selling, the biggest decline is in private banking, financial and IT sectors. In Nifty, shares of HCL Tech, ICICI Bank, TCS have fallen by more than 1 percent each. Whereas the shares of Hindalco and Adani Ports are up by one and a quarter percent. Due to the news of share sale, SJVN’s shares have fallen by 9%. Earlier on Wednesday, BSE Sensex closed at 66,800 with a huge fall of 796 points.

Why is the stock market falling?

  • All-round selling in the global market
  • US FED hints at further rate hike
  • Bond yield at 16-year high with 4.45%
  • Rupee weakens against dollar
  • Softening is being seen in heavyweight stocks

21 Sep, 2023

11:21 am

Share Bazar LIVE: Sumeet Bagadia’s choice

Buy Bata India

CMP: 1673
TGT: 1705/1725


CMP: 627.50
TGT: 640/650

21 Sep, 2023

11:01 am

Share Bazar LIVE: Motilal Oswal’s favorite 5 shares

  • Raymond – Target 2600
  • Indian Hotels – Target 490
  • ONGC – Target 220
  • Canara Bank – Target 425
  • Granules India – Target 370

21 Sep, 2023

10:09 AM

Share Market LIVE: EMS Ltd IPO Listing

  • Listed on BSE at Rs 281.55
  • Listed on NSE at Rs 282.05
  • Issue price in IPO Rs 211

21 Sep, 2023

09:52 AM

Share Bazar LIVE: Weakness in the stock market for the third consecutive day

  • BSE Sensex slipped 412 points to 66,388
  • Nifty fell 111 points on NSE and slipped to 19,790.
  • Bank Nifty also fell by 200 points at 45,176

21 Sep, 2023

08:42 AM

Share Bazar LIVE: Anil Singhali’s strategy

– Both global and local signals are weak
– Pressure on Nifty also due to weekly expiry
– Pressure on Bank Nifty expected to reduce
– 19600-19725 strong support in Nifty
– 44825-45000 strong support in Bank Nifty

21 Sep, 2023

08:13 AM

Share Bazar LIVE: Brokerage top picks

Morgan Stanley on Nykaa (CMP: 146)
Maintain Overweight, Target cut to 173 from 175

Morgan Stanley on Indigo (CMP: 2402)
Maintain Overweight, Target 3217

Morgan Stanley on Tata Motors (CMP: 639)
Maintain Overweight, Target 711

Morgan Stanley on Kaynes Technology India (CMP: 2052)
Initiate Overweight, Target 2440

21 Sep, 2023

07:56 AM

Share Bazar LIVE: Important trigger for the market today

  • Fed’s rates stable but stance ‘aggressive’
  • US market at day’s low, Nasdaq falls 209 points
  • US bond yields at 16-23 year high
  • Crude slipped for the third consecutive day, near $93

21 Sep, 2023

07:37 AM


  • Infosys and NVIDIA signed an agreement
  • Both signed an agreement for generative AI solutions
  • Infosys will create NVIDIA Center of Excellence
  • Infosys will provide training to 50 thousand employees
  • Infosys will provide training in NVIDIA AI technology

21 Sep, 2023

07:23 AM

Share Market LIVE: SJVN Ltd

  • Government will sell up to 2.46% stake in SJVN
  • Government will sell shares through OFS
  • Floor price for OFS fixed at ~69/Sh
  • OFS at 16% discount from current price
  • Government will keep the option of oversubscription in OFS
  • Will sell 2.46% additional shares on oversubscription
  • Total OFS 4.9%
  • OFS will open for non-retail investors from today
  • Will open for retail investors from tomorrow

21 Sep, 2023

06:54 AM

Share Bazar LIVE: US Fed’s ‘Hawkish Pause’

  • No change in rates as per estimates
  • All members are in favor of not increasing rates this time.
  • But there are indications of further increase in rates
  • The decision on further rates will depend on the economic situation.
  • Indications that rates will remain at high level for a long time
  • US growth forecast increased to 2.1% in 2023

21 Sep, 2023

06:53 AM

Share Bazar LIVE: Condition of American markets

  • Huge fluctuations in US due to Fed policy
  • Dow slipped 75 points and closed at the day’s low.
  • Dow fell 350 points from the day’s high.
  • Heavy fall of 1.5% on Nasdaq
  • S&P 500 and Russell 2000 fell by up to 1%
  • Most pressure in IT giants
  • Experts believe that market volatility will increase in future.
  • US VIX jumps 7.5%
  • A look at the sales figures for existing homes today

21 Sep, 2023

06:52 AM

Share Bazar LIVE: Global Commodity Market

  • Recovery in dollar index, crosses 105
  • Gold and silver fall from upper level
  • Brent crude slips to $93
  • Decline in US crude reserves
  • Pressure remains in base metal

21 Sep, 2023

06:52 AM

Share Bazar LIVE: Signature Global IPO

  • Till now 54% filled, tomorrow is the last day
  • Price Band: Rs 366-385/share
  • Lot Size: 38 shares

21 Sep, 2023

06:49 AM

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(Disclaimer: The advice for investing in stocks has been given by a brokerage house/market expert. These are not the views of Zee Business. Consult your advisor before investing.)

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