Share Market HIGHLIGHTS: Nifty ends one point shy of 18,500, Sensex leaps 629 pts; Sun Pharma gains 2%, Page Industries plunges 9%
Share Market LIVE Updates: Indian benchmark indices – Nifty50 and Sensex – started Friday’s session on a positive note amid mixed cues from the global markets while investors watched for signs of progress in US debt ceiling talks
Analyst says US debt ceiling uncertainty and a stronger dollar may continue to weigh on investors’ sentiments.
“We continue to expect a gradual up-move in the benchmark indices led by support-based buying. A close above 18400-18450 zones could trigger the next leg of the rally in markets,” Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services said in his comments.
Catch minute-by-minute updates of all the action in the Indian share market today, market commentary and analysis, the views of Zee Business Managing Editor Anil Singhvi and other experts, stocks to buy and trade recommendations only on Zeebiz.com's blog:
Share Market LIVE Updates: Indian benchmark indices – Nifty50 and Sensex – started Friday’s session on a positive note amid mixed cues from the global markets while investors watched for signs of progress in US debt ceiling talks
Analyst says US debt ceiling uncertainty and a stronger dollar may continue to weigh on investors’ sentiments.
“We continue to expect a gradual up-move in the benchmark indices led by support-based buying. A close above 18400-18450 zones could trigger the next leg of the rally in markets,” Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services said in his comments.
Catch minute-by-minute updates of all the action in the Indian share market today, market commentary and analysis, the views of Zee Business Managing Editor Anil Singhvi and other experts, stocks to buy and trade recommendations only on Zeebiz.com's blog:
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Share Market HIGHLIGHTS | Nifty ends one point shy of 18,500, Sensex ends over 600 pts higher
Nifty 50
The S&P BSE Sensex ended at 62,501.69, up 629 points, per 1.02 per cent.
Source: NSE
Sensex
NSE's Nifty settled at 18,499.35, up 178 points, or 0.97 per cent.
Source: BSE
Share Market HIGHLIGHTS | RIL, Sun Pharma, Hindalco, HUL rise most in 50-scrip blue-chip basket; ONGC, Grasim emerge as top losers
RIL, Sun Pharma, Hindalco, HUL and Divi's Lab are among the top gainers in the Nifty basket, trading with gains of around 3-2 per cent. On the other hand, ONGC, Grasim Industries, Bajaj Auto and Bharti Airtel are among the top losers, down nearly a per cent.
Source: NSE
Share Market Today LIVE | Sun Pharma swings to profit in Q4; firm declares final dividend of Rs 4
Sun Pharma on Friday reports a consolidated profit of Rs 1,982.9 crore for the quarter ended March 2023 against a loss of Rs 2,227.38 crore in the year-ago period. The counter quotes Rs 959.55, down Rs 14.55 or 1.54 per cent on NSE. The drug major has also declared a dividend of Rs 4. Click here to read more
Nifty Today LIVE |RIL, ICICI Bank, Infosys, HUL among top movers
RIL, ICICI Bank, Infosys, HUL and HDFC Bank are the top movers in both the Sensex and Nifty baskets at this hour. On the contrary, ONGC, Bharti Airtel, Power Grid and Grasim are among the top draggers.
Here's a look at the heatmap in the 50-scrip universe by weight:
Source: NSE
Share Market Today LIVE | M&M PAT rises 22% to Rs 1,549 crore; board recommends 325% dividend
Mahindra & Mahindra (M&M) has reported a standalone net profit of Rs 1,549 crore for the quarter ended March 2023, missing analysts' estimates. The quarterly net profit marked an increase of 22.1 per cent compared with the corresponding period a year ago. Following the Q4 number, the counter trades flat and quotes Rs 1,276.55, down 0.098 per cent. Read more
Share Market Today LIVE: Nifty approaches 18,500, Sensex up over 500 pts; financial, oil & gas stocks among top movers
The Nifty adds 147.50 points from its previous close to come within 18,468.65 points of the psychologically-important 18,500 mark. On the other hand, Sensex is up over 500 points at
62,384.59.
Share Market Today LIVE | Market expert shares his short, positional, long term picks
Himanshu Gupta of Globe Capital Markets shares his short, positional and long-term picks on Zee Business.
शॉर्ट, पोजीशनल और लॉन्ग टर्म के लिए ग्लोब कैपिटल मार्केट्स के हिमांशु गुप्ता से 3 बेहतरीन #MidcapStocks
Short Term- Transformers and Rectifiers
Positional Term- Izmo
Long Term- Electrosteel Castings@AnilSinghvi_ @21Himanshugupta #StockToBuy pic.twitter.com/qp6jLxU1nN
— Zee Business (@ZeeBusiness) May 26, 2023
Share Market Today LIVE | Nucleus Software announces 100% payout; stock hits 20% upper circuit
Nucleus Software Exports Ltd, NSE: NUCLEUS stock locks in an upper circuit of 20 per cent at Rs 809.30 on NSE on Friday on the back Q4 announcement on D street. The trading has been suspended for some time. The company's board has announced a 100 per cent dividend. Read more
Source: NSE
IMD Moonsoon Forecast 2023 | IMD conducts a virtual press conference on “Long Range Forecast"
Monsoon to be normal this year, says IMD. IMD conducted a virtual press conference on “Long Range Forecast (LRF)-Stage 2 for Southwest monsoon 2023 and monthly rainfall and temperature forecast for June 2023 on Friday at 1200 PM. Click here for updates
Share Market Today LIVE | Grasim shares under pressure as Street estimates Aditya Birla group firm to post weak Q4 results
Shares of Grasim Industries – an Aditya Birla Group company – are under pressure during Friday’s session ahead of its Q4 earnings today. The stock quotes Rs 1,686.5, down by 0.87 per cent or Rs 14.85 on NSE.
Street estimates that the cement products maker is likely to post a weak set of financial results for the quarter ended on March 31, 2023. Read more
Share Market Today LIVE | Market expert shares his short, positional, long term picks
Avinash Gorakshakar of Profitmart Securities shares his short, positional and long-term picks at Zee Business.
शॉर्ट, पोजीशनल और लॉन्ग टर्म के लिए प्रॉफिटमार्ट सिक्योरिटीज के अविनाश गोरक्षकर से 3 बेहतरीन #MidcapStocks
Short Term- Orient Cement
Positional Term- Westcoast Paper
Long Term- Banco Productions@AnilSinghvi_ @AvinashGoraksha #StockToBuy pic.twitter.com/90ef9Qru8C
— Zee Business (@ZeeBusiness) May 26, 2023
Share Market Today LIVE | Praj Industries zooms over 6% on good Q4 numbers; should you buy, sell or hold?
Praj Industries Ltd NSE: PRAJIND on Friday zooms over 6 per cent a day after the Pune-headquartered company reported a good set of Q4 numbers. The counter quotes Rs 378.6, up Rs 21.70 or 6.08 per cent.
The company reported a 52.83 per cent increase in quarterly net profit at Rs 88.11 crore in March 2023 against Rs 57.65 crore in March 2022. Siddharth Sedani of Anand Rathi Shares on Zee Business recommended buying in the counter for targets of Rs 390 and Rs 470. Read more
Share Market Today LIVE | Zomato, IDFC, Divi's Lab, United Breweries among analysts' top picks of the series
In conversation with Zee Business Managing Editor Anil Singhvi, market experts Rakesh Bansal, Kunal Saraogi, Sumeet Bagadia, Himanshu Gupta, Sacchitanand Uttekar, Rajesh Palviya, Kunal Shah and Siddharth Sedani share their top recommendations for the series in this special segment, Pick of the Series as D-Street enters June F&O series. Read more
"Today's India is much different; it is full of confidence... Our time has come" Nandan Nilekani to Ridham Desai.
How has Digital India progressed? Catch the insightful conversation between Ridham Desai and Nandan Nilekani LIVE only on Zee Business. Click here for LIVE updates