Share Market HIGHLIGHTS: Sensex, Nifty extend gains to 4th day in a row; Nifty Bank at fresh record closing high

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Share Market HIGHLIGHTS: Sensex, Nifty extend gains to 4th day in a row

Nifty 50

The NSE's Nifty ended at 18,634, up 35 points, or 0.19 per cent.

Source: NSE

Sensex

At close, the S&P BSE Sensex ended at 62,969.13, up 123 points, or 0.20 per cent.

Source: BSE

Share Market Today LIVE | Sensex, Nifty on track to close higher for fourth session in a row

Both headline indices are holding on to the green, with a gain of 0.2 per cent each, 30 minutes before the closing bell. The Sensex is up 120.6 points at 62,966.9 and the Nifty at 18,635.1, up 36.4 points from its previous close. 

Share Market HIGHLIGHTS | ITC, HDFC Life, Bajaj Finserv among the top gainers in the Nifty basket

ITC, HDFC Life, Bajaj Finserv and Kotak Bank are among the top gainers in the Nifty basket, trading with gains of around 2-1 per cent. On the other hand, Hindalco, Adani Enterprises, Tata Steel and Tech Mahindra are among the top losers, down around 2-1 per cent. 

Source: NSE

Titan, UltraTech among 25 BSE 500 stocks to clock 52-week highs

Here's the full list of the stock having reached the milestone today: 

Share Market Today LIVE | Aurobindo Pharma shares zoom 6% 

Aurobindo Pharma Ltd, NSE: AUROPHARMA shares are up 6 per cent at Rs 647.9 or Rs 36.6, days after the pharma company announced its Q4 results. 

Should you buy, sell or hold? 

Goldman Sachs has maintained a buy call on Aurobindo Pharma and has raised its target price to Rs 680 from Rs 610. "Strong commentary hints near term tailwinds," the brokerage in its report said. Moreover, Citi has maintained a buy call with a target price of Rs 660. 

Share Market Tips LIVE | Buy HLE Glascoat, shares, says Vikas Sethi 

In conversation with Zee Business Managing Editor Anil Singhvi, Vikas Sethi of Sethi Finmart shares two stock picks: 

• Buy HLE Glascoat shares for a target of Rs 650 with a stop loss at Rs 590
• Buy Rolex Rings shares for a target of Rs 1,960 with a stop loss at Rs 1,870

सदाबहार सेठी साब...

जानिए विकास सेठी ने आज कैश मार्केट में Rolex Rings और HLE Glascoat को क्यों चुना आपके मुनाफे के लिए?@AnilSinghvi_ @vikassethi_SF #Anilsinghvi pic.twitter.com/gleOPfKLo3

— Zee Business (@ZeeBusiness) May 30, 2023

Titan shares give up most of day's gains, off 52-week high

The Tata group company's stock is left with a gain of 0.1 per cent at Rs 2,812.5 apiece on BSE.

Earlier in the day, Titan shares crossed Rs 2,820.1 to scale a fresh 52-week high of Rs 2,840.6 apiece on the bourse. 

Mawana Sugars Q4 Results | PAT rises to Rs 52 crore from Rs 31 crore a year ago

Mawana Sugars reports Rs 350 crore in consolidated revenue for the quarter ended March 2023, as against Rs 294 crore for the corresponding period a year ago. The company's margin improves to 23.2 per cent from 20.9 per cent a year ago.

The sugar maker's stock jumps as much as seven per cent to Rs 99.4 apiece after the earnings announcement. 

Image: BSE

V-Guard Q4 Results | Net profit at Rs 53 crore vs Rs 90 crore a year ago

The company reports consolidated revenue of Rs 1,140 crore, as against Rs 1,059 crore for the corresponding period a year ago. 

V-Guard's operating profit comes in at Rs 99 crore, marking a decline of 12.4 per cent on a year-on-year basis. 

V-Guard shares slip into the red after the earnings announcement. The stock falls as much as 3.1 per cent to Rs 241.4 apiece on BSE, having risen to as high as Rs 254.1 apiece earlier in the day. 

Image: BSE

V-Guard board recommends Rs 1.3/share dividend

Share Market Today LIVE | Eureka Forbes, Hikal, AIA Engineering rise most among almost 258 gainers in BSE 500 universe

On the other hand, Jubilant Pharmova, Campus Activewear and RVNL are among the 242 worst-hit laggards.

Source: BSE

Hindalco, Tata Steel, Adani Enterprises weigh on Nifty Metal

Nifty holds on to green; ITC, HCL Tech, RIL among top index movers

Selling pressure in stocks such as HDFC, L&T, Sun Pharma and TCS continued to put pressure on the index. 

Here's a look at the heatmap: 

Image: Niftyindices.com

Share Market Today LIVE | Stove Kraft shares plunge after Pigeon kitchen appliances maker's Q4 results; here's what's worrying investors

The Stove Kraft stock — trades on bourses under the symbol STOVEKRAFT — and has plunged by as much as Rs 56.05 or 11.22 per cent to Rs 443.4 apiece in intraday trade on NSE. Stove Kraft shares suffered steep losses on Tuesday, a day after the cooking appliances maker reported a weak set of financial results for the quarter ended March 2023. 

Source: NSE