Share Market HIGHLIGHTS: Sensex ends 253 pts higher, Nifty reclaims 22,450; M&M top blue-chip gainer, soars 6%
Share Market HIGHLIGHTS: Domestic equity benchmarks Nifty50 and Sensex rose about one-third of a percentage point on Friday, driven by buying interest in financial, auto and energy shares though selling pressure in the IT pack limited the upside. Investors awaited a special trading session due on Saturday, May 18.
Catch all the highlights of the May 17 session on Dalal Street, market commentary and analysis, the views of Zee Business Managing Editor Anil Singhvi and other experts, stock recommendations, and much more only on Zeebiz.com's blog:
Share Market HIGHLIGHTS: Domestic equity benchmarks Nifty50 and Sensex rose about one-third of a percentage point on Friday, driven by buying interest in financial, auto and energy shares though selling pressure in the IT pack limited the upside. Investors awaited a special trading session due on Saturday, May 18.
Catch all the highlights of the May 17 session on Dalal Street, market commentary and analysis, the views of Zee Business Managing Editor Anil Singhvi and other experts, stock recommendations, and much more only on Zeebiz.com's blog:
Latest Updates
Share Market Today LIVE | PB Fintech block deal: 83.7 lakh shares change hands in multiple trades; stock falls 2%
Shares of PB Fintech, the parent company of PolicyBazaar and PaisaBazaar, fell as much as 2 per cent to the day's low price of Rs 1,314.65 in early trade on Friday.
The losses in the stock were triggered after the counter saw multiple trades of 83.7 lakh shares, representing a 1.86 per cent equity in the firm, in the pre-opening trade.
Yellow metal futures trade flat, white metal near Rs 87,450/kg
Domestic yellow metal futures on Friday tracking international rates traded steady, while silver futures traded with minor gains after notching record high levels in the previous session.
At around 11:00 am, MCX gold futures (Jun 5) traded with marginal gains of 0.02 per cent or Rs 14 at Rs 72,994 per 10 grams. Meanwhile, MCX Silver futures (Jul 5) were up 0.0.8 per cent or Rs 68 at Rs 87,368 per kg.
Share Market Today LIVE | Vodafone Idea rises after telecom firm reports Q4 results; brokerage maintains 'reduce' rating
Vodafone Idea shares rose on BSE on Friday (May 17, 2024) after the telecom company reported fourth-quarter results largely in line with Zee Business research estimates.
The stock that closed trading at Rs 13.15 on Thursday rose by 1.06 per cent to the day's high of Rs 13.29.
Share Market Today LIVE | Oberoi Realty shares hit fresh 52-week high - Should you buy? Check target price by HDFC Securities
Shares of Oberoi Realty Ltd (ORL) hits a fresh 52-week high on Friday.
The counter opened in green at Rs 1729 and surged around 3.36 per cent to hit a fresh 52-week high of Rs 1,770.90 on the BSE. The scrip had closed at Rs 1,713. The stock has been gaining for the last six days.
Share Market Today LIVE | BEML shares surge over 9% after fresh order from Northern Coal Fields - Check details
The shares of BEML surged over 7 per cent on Friday after the company announced that it received a fresh order worth Rs 250 crore.
According to an exchange filing, the company has secured the order from Northern Coal Fields for a dump truck contract.
Share Market Today LIVE | Should you buy HAL, Vodafone Idea, CONCOR, Crompton Greaves, other stocks today?
As Dalal Street enters the May 17 session, brokerages have several stocks on their radar.
Here's what Goldman Sachs, Jefferies, Macquarie, JPMorgan, Citi, Morgan Stanley, CLSA, and Nomura make of stocks such as HAL, Vodafone Idea, CONCOR, and Crompton Greaves.
5 Stocks for Next 15 Days | Brokerage picks shares for short duration, note down targets and stop losses
Axis Direct has selected 5 stocks for positional traders for 15 days. Know complete details of investment including their names, targets, stoploss.
Railtel Share Price Target
Axis Direct has given a 'buy' call on the firm and asked to purchase the stock in the range of Rs 395-Rs 399. It has given a target price of Rs 444 and stoploss at Rs 389. Read more
Nifty Today LIVE | M&M, Bharti Airtel, SBI among top movers
M&M, Bharti Airtel, SBI and HDFC Bank are this hour's top movers in the Nifty50 basket. On the contrary, Infosys, L&T, TCS and HUL are among the top drags.
Here's a look at the heatmap in the 50-scrip universe by weight:
Source: NSE
Traders' Diary | Buy, sell or hold strategy on Infosys, Larsen and Toubro, Mahindra & Mahindra, Bharat Electronics, Biocon, over a dozen other stocks today
In this edition of Traders' Diary, the Zee Business research team shares exclusive research on 20 stocks that investors and traders can track on Friday, May 17, 2024. 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
Cash Segment Stock Pick: Jindal Saw
Buy Jindal Saw shares in the cash segment for a target price of Rs 555 with a stop loss at Rs 535
Futures & Option (F&O) Picks: M&M, Mphasis
- Buy Mahindra & Mahindra futures for a target of Rs 2,476 with a stop loss at Rs 2,375
- Buy the Rs 2,350 call option of Mphasis at Rs 75 for a target of Rs 100 with a stop loss at Rs 60
Technical Stock Pick: Zydus Lifesciences
Buy Zydus Lifesciences futures for a target price of Rs 1,045 with a stop loss at Rs 1,000. Read more