{"id":27369,"date":"2023-10-18T12:54:36","date_gmt":"2023-10-18T07:24:36","guid":{"rendered":"https:\/\/blog.researchandranking.com\/?p=27369"},"modified":"2025-04-09T14:48:21","modified_gmt":"2025-04-09T09:18:21","slug":"looking-for-stocks-to-buy-today-heres-the-nse-mid-day-recap-as-of-1130-a-m","status":"publish","type":"post","link":"https:\/\/www.equentis.com\/blog\/looking-for-stocks-to-buy-today-heres-the-nse-mid-day-recap-as-of-1130-a-m\/","title":{"rendered":"Looking for Stocks To Buy Today? Here\u2019s the NSE Mid-day Recap as of 11:30 A.M."},"content":{"rendered":"<div id=\"bsf_rt_marker\"><\/div>\n<p>As the <a href=\"https:\/\/www.equentis.com\/blog\/global-stock-market-highlights-week-48-nov-25-dec-1-2024\/\">global stock<\/a> markets have again come under threat with the escalation in the Israel-Hamas war, the effect can also be felt in the domestic market. <a href=\"https:\/\/www.equentis.com\/blog\/demystifying-the-nifty-50-a-look-at-indias-top-stocks\/\">Nifty 50<\/a> fell by 0.25% during the first hour of today&#8217;s market session, with most of the sectoral indices in the red. The broad market equity index has again fallen below the 19800 level and is currently at around 19726.35 as of 11.19 a.m.&nbsp;<\/p>\n\n\n\n<figure class=\"wp-block-image aligncenter size-full is-resized\"><img fetchpriority=\"high\" decoding=\"async\" width=\"752\" height=\"452\" src=\"https:\/\/www.equentis.com\/blog\/wp-content\/uploads\/2023\/10\/image-105.png\" alt=\"\" class=\"wp-image-27371\" style=\"aspect-ratio:1.663716814159292;width:486px;height:auto\" title=\"\" srcset=\"https:\/\/www.equentis.com\/blog\/wp-content\/uploads\/2023\/10\/image-105.png 752w, https:\/\/www.equentis.com\/blog\/wp-content\/uploads\/2023\/10\/image-105-300x180.png 300w\" sizes=\"(max-width: 752px) 100vw, 752px\" \/><figcaption class=\"wp-element-caption\">Source: <a href=\"https:\/\/www.equentis.com\/blog\/national-stock-exchange-of-india-functions-features-and-top-companies\/\">NSE<\/a><\/figcaption><\/figure>\n\n\n\n<p>Another fear of the investors is becoming true: the rising price of crude oil. Internationally, the oil prices have surged after the new attacks by Israel. The Brent futures have risen to $91.7 per barrel. However, the Indian government reduced taxes on petroleum products effective today, which has kept little stability in the domestic <a href=\"https:\/\/www.equentis.com\/blog\/basics-of-share-market-you-should-know-before-investing\/\">share market<\/a> until now. <\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-highlight-color\">Sectors in the Green<\/mark><\/strong><\/h2>\n\n\n\n<p>The share market today can be said to be driven by the pharma and healthcare industry. These two sectors have gained the most until now. Let\u2019s see what\u2019s working for them.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>NSE Pharma Sector Today<\/strong><\/h3>\n\n\n\n<p>The pharma sector has become the shield for the <strong><a href=\"https:\/\/www.equentis.com\/blog\/what-is-stock-market-and-how-it-works\/\">stock market<\/a> today<\/strong> as it is the best-performing sector until now. The <a href=\"https:\/\/www.equentis.com\/blog\/understanding-nifty-your-key-to-the-indian-stock-market\/\">Nifty<\/a> Pharma index has gained <a href=\"https:\/\/www.nseindia.com\/market-data\/live-equity-market?symbol=NIFTY%20PHARMA\" target=\"_blank\" rel=\"noopener\">around 0.96%<\/a> until 11.25 a.m. The stocks that are helping the sectoral index to move up include \u2013<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Cipla has gained <a href=\"https:\/\/www.nseindia.com\/get-quotes\/equity?symbol=CIPLA\" target=\"_blank\" rel=\"noopener\">3.43%<\/a> during the day and is one of the top gainers on NSE. The stock has surged as the investors are waiting for the earnings report for the quarter and half-year, as announced to be released on the <a href=\"https:\/\/nsearchives.nseindia.com\/corporate\/CIPLA_07102023114812_CiplaQ2FY24EarningsCallCombined.pdf\" target=\"_blank\" rel=\"noopener\">27<sup>th<\/sup> of this month<\/a>.<\/li>\n\n\n\n<li>Sun Pharma is the next stock, pulling the pharma sector upward. It has gone up by 1.99% until 11.28 a.m. Again, the announcement of the release of quarterly results of the business is the prime reason behind the surge in the <a href=\"https:\/\/www.equentis.com\/stocks-screener\">stock price<\/a>. The company announced yesterday that they would come up with the results on <a href=\"https:\/\/nsearchives.nseindia.com\/corporate\/SUNPHARMA_17102023111525_IntimationSE20231017_Q2FY24_Results_Announcement_Signed.pdf\" target=\"_blank\" rel=\"noopener\">1 November 2023<\/a>.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>NSE Healthcare Sector Today<\/strong><\/h3>\n\n\n\n<p>The healthcare sector has been in the share market today, which can be understood by the rise of <a href=\"https:\/\/www.nseindia.com\/market-data\/live-equity-market?symbol=NIFTY%20HEALTHCARE%20INDEX\" target=\"_blank\" rel=\"noopener\">0.79%<\/a> in the Nifty Healthcare index. The stocks, which are the primary force behind this increase, are the same as those of Pharma <a href=\"https:\/\/www.equentis.com\/blog\/finance-sector-stocks-list\/\">sector stocks<\/a> &#8211; Cipla and Sun Pharma. Apart from these two, there are \u2013 <\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Dr Reddy has gained <a href=\"https:\/\/www.nseindia.com\/get-quotes\/equity?symbol=DRREDDY\" target=\"_blank\" rel=\"noopener\">1.97%<\/a><strong> until now,<\/strong> and again, the prime reason is the upcoming release of its quarterly and half-yearly results as of the <a href=\"https:\/\/nsearchives.nseindia.com\/corporate\/DRREDDY_16102023143122_EarningscallsnotificationforQ2FY2024161023.pdf\" target=\"_blank\" rel=\"noopener\">27<sup>th<\/sup> of this month<\/a><strong>. <\/strong><\/li>\n\n\n\n<li>Metropolis Healthcare is the next on the list, which has gained <a href=\"https:\/\/www.nseindia.com\/get-quotes\/equity?symbol=METROPOLIS\" target=\"_blank\" rel=\"noopener\">1.68%<\/a> due to an overall sectoral upswing. <\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-accent-color\"><strong>Sectors in the Red<\/strong><\/mark><\/h2>\n\n\n\n<p>The share market today is highly volatile. This can be easily understood as the sectors that were the top performing sectors yesterday are down today. <a href=\"https:\/\/www.equentis.com\/blog\/what-is-financial-advisory-complete-guide\/\">Financial services<\/a> and PSU banks are amongst the worst performers. <\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>NSE Financial Services Sector Today<\/strong><\/h3>\n\n\n\n<p>The Financial Services sector is in the red today. The Nifty Financial Services Index has dropped by <a href=\"https:\/\/www.nseindia.com\/market-data\/live-equity-market?symbol=NIFTY%20FINANCIAL%20SERVICES\" target=\"_blank\" rel=\"noopener\">1.09%<\/a>, and it is mainly pulled down by \u2013<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>ICICI Prudential Life tanked by <a href=\"https:\/\/www.nseindia.com\/get-quotes\/equity?symbol=ICICIPRULI\" target=\"_blank\" rel=\"noopener\">3.41%<\/a> during the first two hours of the day. The price is going south even though the company posted <a href=\"https:\/\/nsearchives.nseindia.com\/corporate\/Outcome_BM_October_17_2023_17102023184412.pdf\" target=\"_blank\" rel=\"noopener\">growth in its profit<\/a> for the second quarter of FY24 and half-yearly results for the FY.<\/li>\n\n\n\n<li>Bajaj Finance lost <a href=\"https:\/\/www.nseindia.com\/get-quotes\/equity?symbol=BAJFINANCE\" target=\"_blank\" rel=\"noopener\">2.14%<\/a> until now after announcing the <a href=\"https:\/\/www.nseindia.com\/get-quotes\/equity?symbol=BAJFINANCE\" target=\"_blank\" rel=\"noopener\">preferential share issue and acquisition<\/a> news.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>NSE PSU Bank Sector Today<\/strong><\/h3>\n\n\n\n<p>After gaining in the previous session, PSU Banks are witnessing a blood bath today. Almost all the Nifty PSU Bank index stocks are in the red except Indian Bank, which has gained a little until now in the share market. The index has fallen by 1.19% as of 11.59 a.m., and the stocks that are pulling it down the most include &#8211;<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.equentis.com\/blog\/why-startup-investments-are-booming-a-startup-investors-guide\/\">Central Bank<\/a>, which fell by <a href=\"https:\/\/www.nseindia.com\/get-quotes\/equity?symbol=CENTRALBK\" target=\"_blank\" rel=\"noopener\">3.18%<\/a> until now. The corporate results of this public sector bank for the September quarter are due on the 21<sup>st<\/sup> of this month. <\/li>\n\n\n\n<li>UCO Bank is also down by <a href=\"https:\/\/www.nseindia.com\/get-quotes\/equity?symbol=UCOBANK\" target=\"_blank\" rel=\"noopener\">2.79%<\/a> today due to overall market sluggishness and the sectoral downfall.<\/li>\n<\/ul>\n\n\n\n<p>The markets are highly volatile and filled with mixed sentiments today. As the <a href=\"https:\/\/www.equentis.com\/blog\/key-global-events-that-can-influence-the-stock-market-this-week-3\/\">global<\/a> market is in turmoil, so is the domestic market. The gains generated yesterday by the domestic market have been washed away today as there is an upsurge in the ongoing tension in the Middle East.<\/p>\n\n\n\n<p><br><\/p>\n\n\n\n<p class=\"has-white-color has-accent-background-color has-text-color has-background\">*Disclaimer Note: The securities quoted, if any, are for illustration only and are not recommendatory. This article is for education purposes only and shall not be considered as recommendation or investment advice by&nbsp;Research &amp; Ranking. We will not be liable for any losses that may occur. Investment in securities market are subject to market risks. Read all the related documents carefully before investing. Registration granted by <a href=\"https:\/\/www.equentis.com\/blog\/sebi-registered-investment-advisor-meaning-eligibility\/\">SEBI<\/a>, membership of BASL, and certification from NISM in no way guarantee the performance of the intermediary or provide any assurance of returns to investors.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>As the global stock markets have again come under threat with the escalation in the Israel-Hamas war, the effect can [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":27393,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[948],"tags":[],"class_list":["post-27369","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-stock-market-news"],"_links":{"self":[{"href":"https:\/\/www.equentis.com\/blog\/wp-json\/wp\/v2\/posts\/27369","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.equentis.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.equentis.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.equentis.com\/blog\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/www.equentis.com\/blog\/wp-json\/wp\/v2\/comments?post=27369"}],"version-history":[{"count":0,"href":"https:\/\/www.equentis.com\/blog\/wp-json\/wp\/v2\/posts\/27369\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.equentis.com\/blog\/wp-json\/wp\/v2\/media\/27393"}],"wp:attachment":[{"href":"https:\/\/www.equentis.com\/blog\/wp-json\/wp\/v2\/media?parent=27369"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.equentis.com\/blog\/wp-json\/wp\/v2\/categories?post=27369"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.equentis.com\/blog\/wp-json\/wp\/v2\/tags?post=27369"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}