Gift Nifty at 19,800; L&T, SBI Card, Ashok Ley in focus


Stock market updates LIVE on November 20, 2023: India’s key benchmark equity indices are likely to start Monday’s trade on a positive note tracking supportive cues from Asian peers.


Notable slowdown in FII outflows will be tracked, as foreign investors have net sold stocks to the tune of Rs 6,500 crore so far in November as against selling in excess of Rs 26,000 crore in the preceding two months.


At 08:15 AM, Gift Nifty futures quoted at 19,818, suggesting a marginally positive start for the NSE benchmark Nifty50.


This morning in Asia, Japan’s Nikkei was up 0.2 per cent. Kospi gained 0.5 per cent, while Taiwan was flat.

Among individual stocks, a comptempt plea over Sebi probe delay in the Adani-Hindenburg case, upcoming Tata Technologies IPO and RBI clampdown on secured loans will likely to keep Adani Group, Tata Group and financial shares in focus.

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