News for SML Isuzu Limited (SMLISUZU.BO)

The selling in this space intensified this week after capital market regulator SEBI raised concerns over the steep run in the midcap and smallcap stocks and the unprecedented inflows that these funds have also seen in the last one year.

The Nifty Pharma index closed 0.48 per cent down at 18956.45.

Asian Paints, Apollo Hospital, Hindalco, Divis Labs and Tata Steel were among the top losers on NSE in today's trade.

Moksh Ornaments Ltd., AVG Logistics, Zaggle Prepaid Ocean, Salzer Electro and SML Isuzu, hit their fresh 52-week highs during the day.

BSE Midcap index lost 0.4 percent on Monday, while Smallcap index ended on a flat note.

Asian Paints, BPCL, Hindalco, Bharti Airtel and Wipro were among the top losers on NSE.

From here on, if Nifty has to sustain at higher levels, contribution from the heavyweight banking space is a must. Since it is struggling around the bearish gap, it is better to wait for further clarification to project higher levels in Nifty, says Osho Krishan, Sr. Analyst - Technical & Derivative Research, Angel One.

On the sectoral front, BSE Realty index added 4 percent, BSE Telecom index rose 3.8 percent, BSE FMCG and Power indices gained 1.5 percent each.

In the Nifty pack, 24 stocks closed in the green, while 26 stocks ended in the red.

The Nifty Pharma index closed 0.42 per cent up at 19048.4.

The Nifty Auto index closed 0.18 per cent up at 20621.35.

The Nifty Bank index closed 0.23 per cent down at 46811.75.

The Nifty IT index closed 0.22 per cent down at 38045.65.

BPCL, HCL Tech, Maruti Suzuki, Asian Paints and JSW Steel were among the top losers on NSE in today's trade.

Yasho Industries, NDR Auto Components, SML Isuzu, Tarmat Ltd and Khaitan(India), hit their fresh 52-week highs during the day.

The short-term technical outlook for Nifty continues to be in favor of the bulls, with support seen at 20089-19909 and resistance at 20500-20751, says Prashanth Tapse, Senior VP (Research), Mehta Equities.

All the sectoral indices ended in the green with BSE Oil & Gas and Power indices adding 5.7 percent each, BSE Capital Goods index up 3.6 percent, and BSE Metal index up 3 percent.

Sensex, Nifty updates on 03 October 2023 – Indian shares closed lower on Tuesday, dragged by auto stocks on mixed sales data in September, while concerns over elevated interest rates also weighed on sentiment. The NSE Nifty 50 index settled 0.56 per cent down at 19,528.75, while the S&P BSE Sensex fell 0.48 per cent to 65,512.10. Auto stocks fell 1.20 per cent, dragged by Eicher Motors shedding 2.68 per cent, among the most on the blue-chip Nifty 50, after its September motorcycle sales fell 4 per cent.

The broader indices outperformed the main indices with the BSE midcap and smallcap indices ending marginally higher