After opening the day on a positive note, Indian share markets continued the momentum as the session progressed and ended the day higher.

Benchmark indices snapped their 3-day losing run as gains in heavyweights like Titan, Reliance Industries, HDFC Bank, ICICI Bank, Airtel, and Tata Steel supported sentiment.

At the closing bell, the BSE Sensex stood higher by 276 points (up 0.4%).

Meanwhile, the NSE Nifty closed higher by 89 points (up 0.5%).

Adani Enterprises and Hindalco were among the top gainers today.

Coal India and ONGC were among the top losers today.

Check out the NSE Nifty heatmap to get the complete list of gainers and losers.

The Gift Nifty was trading at 19,849, up by 42 points, at the time of writing.

Broader markets ended on a positive note. The BSE Midcap index ended marginally higher and the BSE SmallCap index ended 0.2% higher.

Sectoral indices ended mixed with stocks in the realty sector and auto sector witnessing buying. Meanwhile, the stocks in the oil and gas sector and energy sector witnessed selling pressure.

Shares of Bajaj Auto and Tata Investment hit their 52-week highs today.

Now track the biggest movers of the stock market using the stocks to watch today section. This should help you keep updated with the latest developments...

Asian share markets ended on a negative note. The Hang Seng fell 0.3% while Nikkei ended marginally lower. Meanwhile Shanghai Composite closed flat.

The rupee is trading at 83.36 against the US$.

Gold prices for the latest contract on MCX are trading up by 0.4% at Rs 60,917 per 10 grams.

Meanwhile, silver prices for the latest contract on MCX are trading flat at Rs 72,665 per kg.
 

Why Talbros Automotive's Share Price Is Rising?

In news from the auto sector, Talbros Automotive extended its gains from the previous session, jumping 16.4% after the company received Rs 5.8 bn worth of orders from international and domestic customers.

The orders received are across its business divisions, including export orders of Rs 4.2 bn and multiple EV orders for Rs 2.7 bn from leading original equipment manufacturers (OEMs).

The company received orders for forging products for applications such as transmission, engines, drivelines, and off-highway for Rs 1.2 bn. It also bagged orders worth around Rs 750 m for heat shield products from multiple domestic OEMs.

These orders span across new technologies in the heat shield space.

Domestic and export OEM customers placed orders worth Rs 400 m for gasket products with Talbros Automotive.

The company also got an order of over Rs 750 m from a leading domestic OEM for products such as muffler hangers, damper front, and hose canister air suction.

The order came through its joint venture, Talbros Marugo Rubber. All the orders will span over five years.

The electric vehicle (EV) megatrend is a once-in-a-century revolution happening right in front of us.

The revolution has taken the auto sector by storm. All segments of the sector are ripe for disruption, and India's top EV stocks are set to benefit from this shift.

Take a look at the chart below, which shows the massive opportunity in the two-wheeler EVs.

It remains to see how it pans out.
 

Som Distilleries' Expansion Plan

Moving on to news from the food and tobacco sector, shares of Som Distilleries gained 3.2% in trade on 21 November as the brewer received the relevant permissions to expand its beer capacity at its plant.

The company noted that the capacity expansion will ensure that production rises by around 6 m cases every year in the Karnataka plant.

Earlier this month, insider data revealed that promoter and managing director Jagdish Kumar Arora bought 11,000 shares of the company at an average price of Rs 297 apiece. Arora's holding in Som Distilleries now stands at 19.7%.

The promoter's stake purchase followed a week after the Income Tax department search on the premises of Som Group of companies across the country, including Bhopal, Jabalpur, and Indore on 7 November.

Som Distilleries and Breweries manufactures and sells spirits, beer, and alcopop in India and internationally. The company offers beer, whisky, rum, vodka, brandy, etc.

The shareholding pattern of Som Distilleries and Breweries shows that the insiders or promoters have increased their stake in this beverage company for five consecutive quarters.

Consistent promoter buying indicates the promoter's confidence in the company.

No Wonder Dolly Khanna bought a stake in this liquor company.
 

Tech Mahindra soars on TONOMUS pact

Moving on to news from the IT sector, shares of Tech Mahindra gained nearly 1% in early trade on 21 November, after the company entered into a collaboration deed with NEOM Tech and Digital Company, known as TONOMUS.

IT major Tech Mahindra announced a significant collaboration with NEOM Tech through its material subsidiary Tech Mahindra.

The two companies will incorporate a joint venture focused on technology and digital services.

Tech Mahindra is an Indian multinational IT services and consultancy company.

IT stocks offering decent return on Equity (ROE), sales growth, and profit growth appeal to many. Tech Mahindra is one of the top Indian IT companies in India...

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