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Live Stock Market Updates – Sensex, Nifty open at new highs, Bharti Airtel gains by 2.5%

Benchmark indices, Nifty and Sensex, opened trade at record highs, following the strong buying in Telecom, Metal, Pharma, and Banking sectors.

At 9:36 AM, the S&P BSE Sensex is trading at 33,653, up by 80 points, while NSE Nifty is trading at 10,446 up by 22 points.

The BSE Mid-cap Index is trading down by 0.03% at 16,721.04 whereas BSE Small-cap Index is trading up by 0.54% at 17,765.39.

Bharti Airtel, Axis Bank, ONGC, Ambuja Cement, and Hindalco are among the gainers, whereas PowerGrid, BPCL, Adani Ports, ICICI Bank, and HCL are losing steam on NSE.

Some buying seen in Telecom, Capital Goods, Reality, Metal, and Pharma sectors, whereas Energy and IT sectors show weakness on the BSE.

The India Vix is up by 0.35% at 12.04.

Out of 1,971 stocks traded on the NSE, 1,093 advanced, 429 declined, and 435 remained unchanged today.

A total of 62 stocks registered a fresh 52-week high in trade today, while 6 stocks touched a new 52-week low on the NSE.

TRAI seeks details from RComm by Mon on disruption of 2G services

Vedanta Jul-Sep consol net profit up 47% on year at 20.9 bln rupees

Power Grid Jul-Sep PAT up 14.4% on year at 21.4 bln rupees

LIC places $1 bln bid for shares in New India Assurance IPO

Bajaj Auto Oct total sales 382,464 units, up 7% on year

Bharat Forge: North America Class 8 truck sales for October at 35,700 vs 13,674 last year (up 161% YoY and up 62% QoQ).

Hindalco subsidiary Novelis reported better than expected results.

Dr. Reddy’s launched Azacitidine injection in the Canadian market.

Lupin launched antibiotic gActiclate Tablets, which has a market size of $263 million in U.S