Share Market HIGHLIGHTS: Sensex ends 1,245 pts higher at 73,745, Nifty settles above 22,300 for first time

Share Market Today: Fresh record closing highs on Dalal Street; Sensex soars 1,245 pts to 73,745, Nifty50 settles above 22,300 for first time

Share Market Today LIVE: ICICI Bank, HDFC Bank, L&T, Tata Steel among top contributors to Sensex's rise

Share Market Today LIVE | Should you buy TCS, Asian Paints, BPCL, HPCL, IOCL, GAIL, other stocks today? Here is what brokerages recommend

Here's what CLSA, Macquarie, Citi, HSBC and Nomura make of stocks such as Tata Consultancy Services (TCS), Asian Paints, Bharat Petroleum Corporation Ltd (BPCL), Hindustan Petroleum Corp Ltd (HPCL), Indian Oil Corporation Ltd (IOCL), and GAIL:

Asian Paints share price target:

Macquarie has maintained an 'outperform' rating on the Asian Paints stock with a target of Rs 4,000.

Hindalco share price target:

CLSA has a 'buy' call on the Hindalco Industries stock with a target of Rs 635.

BPCL share price target:

HSBC has maintained a 'buy' call on the Bharat Petroleum Corporation Ltd (BPCL) stock with a target of Rs 860.

HPCL share price target:

HSBC has maintained a 'buy' call on the Hindustan Petroleum Corp Ltd (HPCL) stock with a target of Rs 630. Read more 

MARKET AT ALL-TIME HIGH | Nifty scales fresh peak of 22,325.95; Sensex at 73,678.52

Share Market Today LIVE: Buy UCO Bank shares, says Tejas Shah

Tejas Shah of JM Financial Services shares two recommendations with Zee Business viewers:

• Buy UCO Bank shares for targets of Rs 63 and Rs 67 with a stop loss at Rs 54
• Buy Ambuja Cements shares for targets of Rs 645 and Rs 670 with a stop loss at Rs 584

Traders' Diary | Buy, sell or hold strategy on L&T, Britannia, Hindalco, Voltas, over a dozen other stocks today

Zee Business research team shares exclusive research on 20 stocks that investors and traders can track on Friday, March 1. Check out the complete list of stocks on analysts Kushal Gupta and Ashish Chaturvedi's radar.

Here's the complete list of investment and trading ideas for the day:

Kushal Gupta

• Buy Jindal Steel and Power Ltd (JSPL) shares in the cash segment for a target price of Rs 670 with a stop loss at Rs 640
• Sell Vedanta futures for a target of Rs 263 with a stop loss at Rs 274
• Buy the Rs 1,110 call option of Voltas at Rs 46.5 for a target of Rs 76 with a stop loss at Rs 30
• Technical pick: Sell Aurobindo Pharma shares for a target price of Rs 1,000 with a stop loss at Rs 1,043
• Fundamental pick: Buy Landmark Cars shares for a target of Rs 850 with a perspective of 12 months
• Investment idea: Buy ICICI Lombard shares for a one-year target of Rs 2,050
• News-based pick: Sell Biocon for a target of Rs 270 with a stop loss at Rs 283. Read more 

MARKET AT AL-TIME HIGH | Nifty crosses 22,300 for 1st time ever, Sensex scales fresh peak of 73,590.58 led by financial, oil & gas stocks

Share Market Today LIVE: Mahindra & Mahindra shares give up some of day's gains after scaling all-time peak

M&M shares are holding on to green territory with a gain of 0.9 per cent at Rs 1,950.9 apiece on BSE, having risen as much as 2.1 per cent to touch a record high of Rs 1,974.6 apiece within the first few minutes of trade today.

Catch the latest Auto sales February 2024 LIVE updates here

Share Market Today LIVE | Vedanta shares listless after SC dismisses plea to reopen Sterlite copper smelter plant in Thoothukudi

Anil Agarwal-led Vedanta shares traded on a flat note on Friday, March 1, a day after the Supreme Court rejected the mining firm Vedanta's plea to commence operations at the Sterlite Copper smelter plant in Thoothukudi, Tamil Nadu. Vedanta shares declined as much as 1.6 per cent to the day's low of Rs 263.6 on NSE in early deals. 

The Supreme Court dismissed its plea for re-opening its copper smelting plant in Tamil Nadu's Thoothukudi, closed since May 2018 over pollution concerns, while underscoring the importance of the health and welfare of the residents.
 

MARKET AT ALL-TIME HIGH | Nifty scales fresh peak of 22,302.75; Sensex at record 73574.02 led by financial, oil & gas stocks

Share Market Today LIVE | Sensex scales fresh peak of 73574.02 

IPO Update | Mukka Proteins IPO subscribed 3.94 times on Day 2 so far

Mukka Proteins launched its initial public offering (IPO) on Thursday, February 29. The issue will conclude on Monday, March 4.

Mukka Proteins IPO subscription status

According to provisional exchange data, Mukka Proteins IPO's share sale received bids for 22,06,46,840 shares against 5,60,00,435 shares on offer, translating into a subscription of 3.94 times on Friday so far, the second day of the bidding process.

Mukka Proteins IPO price band

The company that manufactures fish meal, fish oil, and fish soluble paste has fixed a price band of Rs 26–28 apiece for its Rs 224 crore IPO.

The issue is entirely a fresh issue of up to 8 crore equity shares, aggregating to Rs 224 crore at the upper end of the price band, with no offer-for-sale (OFS) component, the Manguluru-based company said. Read more 

Share Market Today LIVE | Nifty reclaims 22,200, Sensex gains nearly 750 pts led by financial, oil & gas stocks

Share Market Today LIVE | Hindalco gets a 'buy' call from CLSA; TP set is around all-time high levels

Shares of Hindalco Industries, the flagship company of the Aditya Birla Group trade at Rs 516.45, gaining 2.65 per cent on BSE as brokerage firm CLSA has upgraded the stock to a 'buy' from the previous 'underperform' call. The brokerage has set a price target close to its all-time high of Rs 635, touched nearly two years ago. Its all-time level is Rs 636 on the BSE, which was hit on March 29, 2022.

The upgrade in the stock comes after a steep correction to the tune of over 17 per cent on a year-to-date basis. The brokerage maintains that the concern is overdone. However, it is still skeptical about the recently announced IPO by the company's US-based subsidiary Novelis and says that whether it will lead to value unlocking or building a war chest is not known yet.

Investors need to be watchful of the use of cash and growth projects, the brokerage added.

However, the bear case analysis suggests a further 10 per cent–12 per cent downside from current levels, even though existing businesses remain strong with gradual improvement in profitability, CLSA notes. Read more 

Share Market Today LIVE | Oil & gas stocks buzz in trade; OMCs rally on HSBC upgrade

OMCs, after the recent stupendous rally, have been winners of both bearish and bullish calls. In the recent round of brokerage calls, HSBC has turned bullish on OMCs. It has given a 'buy' rating to all the OMC companies, including BPCL, HPCL, and IOC.

The brokerage maintains that while these stocks have seen a re-rating, there is further room. The foreign brokerage expects a range-bound oil price in the near term, which will support profitability. Further, the medium-term outlook also remains positive due to refinery upgradation, noted the brokerage.

HSBC also said that it has revised valuation multiples to reflect reduced government intervention. Read more