Share Market HIGHLIGHTS: Sensex rebounds 215 pts from days low, Nifty crosses 18,750 as D-Street extends gains to 3rd day
Share Market HIGHLIGHTS: The domestic equity market traded in a narrow range on Wednesday and managed to end in positive territory. Catch minute-by-minute updates of all the action in the Indian share market, 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.coms blog.
Share Market HIGHLIGHTS: The domestic equity market traded in a narrow range on Wednesday and managed to end in positive territory. The S&P BSE Sensex settled at 63,228.51, up 85 points, or 0.14 per cent while the NSE's Nifty closed at 18,755.90, up 40 points, or 0.21 per cent. All eyes would be on US Fed’s FOMC meeting outcome scheduled tomorrow after the US inflation data came at a two-year low.
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 | Sensex rebounds 215 pts from day's low, Nifty crosses 18,750 as D-Street extends gains to 3rd day
Nifty 50
NSE's Nifty closed at 18,755.90, up 40 points, or 0.21 per cent.
Source: NSESensex
S&P BSE Sensex settled at 63,228.51, up 85 points, or 0.14 per cent.
Source: BSE
Commodity Market LIVE | Jeera July contract crosses 50000 level for the first time ever
Jeera futures cross Rs 50,000 mark for the first time ever on Wednesday.
Share Market HIGHLIGHTS | Tata Consumer, Grasim, Tata Steel among the top gainers in the Nifty basket
Tata Consumer, Grasim, Tata Steel and JSW Steel are among the top gainers in the Nifty basket, trading with gains of around 5-1 per cent. On the other hand, IndusInd Bank, Bajaj Finance, Bharti Airtel and Axis Bank are among the top losers, down around 1 per cent.
Source: NSE
Share Market Today LIVE | This Mukul Agrawal stock hits new 52-week peak; up 27% in a month - what should you do?
Ace investor Mukul Agrawal backed this civil construction company shares touched a fresh 52-week peak of Rs 211.75 per share after gaining more than 3 per cent on the BSE on Wednesday as Societe Generale – one of Europe's leading financial services groups – picked a stake in the Capacite Infraprojects. Read more
Share Market Today LIVE | Vodafone Idea shares jump 10% on better outlook; here’s what analyst suggests
Shares of Vodafone Idea – a cash-strapped telecom company – are in demand during Wednesday’s session on the exchanges. The stock quotes Rs 7.95, up by 3.9 per cent on NSE. The stock soared more than 10 per cent to touch the day’s high level of Rs 8.48 per share on the BSE today after TRAI released its quarterly telecom financial data for Q4FY23. Read more
Share Market Today LIVE | IPCA Labs drops nearly 3% after USFDA concludes inspection of Madhya Pradesh unit with 11 observations
IPCA Labs drops nearly 3 per cent on NSE after the pharmaceutical company IPCA Laboratories announced that its Ratlam manufacturing facility has been issued 11 observations by the inspection team of the United States Food and Drug Administration (USFDA). The stock trades at Rs 715.15 on NSE. Read more
Share Market Today LIVE | Dhampur Sugar Mills shares come within Rs 5 of 52-week high after sugar maker expands distillery capacity
Dhampur Sugar Mills (DHAMPURSUG) shares were in high demand on Wednesday, after the sugar manufacturer said it had completed the expansion of its grain-based distillery capacity at its Dhampur unit in Bijnor district, Uttar Pradesh. The stock, traded on the bourses with the symbol DHAMPURSUG, gained by as much as Rs 8.8 or 3.3 per cent to Rs 277.5 apiece on BSE, coming within RS 5 of a 52-week high touched on June 12. The new capacity, of 100 KLPD, was commissioned on June 13, 2023, according to a company statement. Read more
Share Market Today LIVE | Anupam Rasayan India shares jump as company signs LoI with Japanese speciality chemical firm
Shares of Anupam Rasayan India, a speciality chemical company are in demand during Wednesday’s session on the exchanges. The stock jumped as much as 6 per cent to touch the day’s high level of Rs 1,150 per share on the NSE. Read more
Share Market LIVE Updates: WPI inflation at 3-year low
The wholesale price-based inflation rate declined by -3.48 per cent (deflation) in May, a 3-year low, on easing prices of food, fuel, and manufactured items. The wholesale price index (WPI) based inflation rate has been in the negative territory for the second straight month. Read More
Share Market LIVE Updates: IT stocks under pressure
Most IT services companies' stocks were under pressure on Wednesday after global brokerage JP Morgan reiterated its negative stance on the entire IT services universe.
The brokerage said it expects every IT firm to disappoint the street in Q1 and H2FY24. Further, it has placed Infosys, TCS, and Mphasis on 'Negative Catalyst Watch', as reported by Zee Business. Read More
Share Market Today LIVE | DLF, GAIL, AB Fashion, Laurus Labs, Exide among analysts' top picks
In conversation with Zee Business Managing Editor Anil Singhvi, market experts Kunal Saraogi, Ambareesh Baliga, Himanshu Gupta, Vishvesh Chauhan, Sumeet Bagadia and Rakesh Bansal share their top recommendations for the day in this special segment, Pick of the Day.
On the top analysts' 'buy' list are stocks such as Exide Industries, VIP Industries, DLF, Laurus Labs, AB Fashion, Balkrishna Industries and GAIL. Read more
Share Market LIVE Updates: MRF shares touch new high
Tyre maker MRF shares touched a new high of Rs 1,00,302.75 per share on the BSE during Wednesday’s session. The stock on Wednesday gained as much as 0.3 per cent.
On Tuesday, MRF stock breached the Rs 1,00,000 per share mark for the time in history. It took 22 years to hit this feat from Rs 1,200 per share in 2001.
Share Market LIVE Updates: Realty stocks buzzing
In an otherwise volatile market, the realty stocks touched fresh peaks on Wednesday amid optimism about sustained demand and growth prospects for the sector.
Among all, DLF and Macrotech Developers (Lodha) shares scaled 52-week peaks whereas Brigade Enterprises and Prestige Estates Projects hit all-time highs. Read More
Share Market LIVE Updates: Anil Singhvi Strategy
Anil Singhvi Market Strategy: Zee Business Managing Editor Anil Singhvi shares his strategy for the June 14 session. Check out his take on key support and resistance levels for the Nifty and the Nifty Bank, and how he views the market.
Share Market LIVE Updates: What chart indicates before market opens today
The charts indicate that the Nifty may get support at 18,650, followed by 18,600 and 18,550. If the index advances, 18,750 would be the initial key resistance level to watch out for, followed by 18,800 and 18,890.
For a long time, Indian markets have been consolidating between 18500 and 18800. The strong purchasing figures will aid the market's upward movement, and traders can buy the decline with a stop loss of 18550 on a closing basis, as it is a significant support for the Nifty.
- Deven Mehata, Research Analyst, Choice Broking
Share Market LIVE Updates: Traders' Dairy
In this edition of Traders' Diary, the Zee Business research team shares exclusive research on 20 stocks that investors and traders can track on Wednesday. Check out which stocks are on analysts Kushal Gupta and Varun Dubey's radar, and what they recommend in cash and derivative segments.
Share Market LIVE Updates: Global Markets
The S&P 500 and Nasdaq reached their highest closes in 14 months on Tuesday after data showed consumer prices rose modestly in May, boosting bets that the Federal Reserve will not raise interest rates on Wednesday.
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