Share Market HIGHLIGHTS: Nifty, Sensex settle at fresh closing highs amid broad-based rally, IT stocks shine
Share Market HIGHLIGHTS: Indian equity benchmarks Nifty 50 and Sensex settled at fresh closing highs in Friday's session amid broad-based buying. The S&P BSE Sensex ended at 66,060.9, up by 0.77 per cent or 502.01 points, whereas the Nifty settled at 19,564.5, up by 0.78 per cent or 150 points. During the session, the 30-scrip index of the BSE hit an all-time high of 66,159.79. NSE's Nifty scaled a record high of 19,595.35 intraday. TCS, Tech Mahindra, Infosys, LTIMindtree, and HCL Tech were among the top gainers in the Nifty basket, clocking gains of around 5–4 per cent. On the other hand, HDFC Life, Power Grid, Dr Reddy's, and Titan Company were among the top losers, down nearly 2-1 per cent.
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 HIGHLIGHTS: Indian equity benchmarks Nifty 50 and Sensex settled at fresh closing highs in Friday's session amid broad-based buying. The S&P BSE Sensex ended at 66,060.9, up by 0.77 per cent or 502.01 points, whereas the Nifty settled at 19,564.5, up by 0.78 per cent or 150 points. During the session, the 30-scrip index of the BSE hit an all-time high of 66,159.79. NSE's Nifty scaled a record high of 19,595.35 intraday. TCS, Tech Mahindra, Infosys, LTIMindtree, and HCL Tech were among the top gainers in the Nifty basket, clocking gains of around 5–4 per cent. On the other hand, HDFC Life, Power Grid, Dr Reddy's, and Titan Company were among the top losers, down nearly 2-1 per cent.
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, Sensex settle at fresh closing highs
Nifty 50
Nifty settles at 19,564.5, up by 0.78 per cent on Friday.
Source: NSE
Sensex
S&P BSE Sensex ends at 66,060.9, up by 0.77 per cent on Friday.
Source: BSE
Share Market HIGHLIGHTS | TCS, Tech Mahindra, Infy, LTIMindtree rise most in 50-scrip blue-chip basket
TCS, Tech Mahindra, Infy, LTIMindtree and HCL Tech are among the top gainers in the Nifty basket, trading with gains of around 5-4 per cent. On the other hand, HDFC Life, Power Grid, Dr Reddy's and Titan are among the top losers, down nearly 2-1 per cent.
Source: NSE
Share Market Today LIVE | TCS, Tech Mahindra, Infy, HCL Tech rise most in S&P BSE Sensex
On the other hand, M&M, Power Grid, Titan and Maruti Suzuki are the worst hit among the laggards.
Here's a look at the heatmap in the 30-scrip universe by weight:
Source: BSE
MARKET AT ALL-TIME HIGH | Sensex touches 66,095.14; Nifty at 19,571.15
Share Market Tips LIVE | Buy Newgen Software, Gujarat Ambuja Exports shares, says Vikas Sethi
Vikas Sethi of Sethi Finmart recommends buying Newgen Software shares for a target of Rs 690 with a stop loss at Rs 645. Besides, he recommends buying Gujarat Ambuja Exports shares for a target of Rs 265 with a stop loss at Rs 240.
Share Market Today LIVE | Utkarsh SFB IPO subscribed nearly 20 times so far on Day 3
Utkarsh Small Finance Bank — a Varanasi, Uttar Pradesh-based small finance bank — received bids for 8,65,41,74,400 shares as against the 12,05,43,477 shares on offer, translating to an overall subscription of 71.79 times on the third day of the bidding process.
Utkarsh Small Finance Bank IPO: Subscription status
The quota for Qualified Institutional Buyers has been subscribed 75.28 times while the category for Retail Individual Investors (RIIs) has been subscribed 65.47 times. The portion for non-institutional investors has been subscribed 72.9 times. Read more
Share Market Today LIVE | 3M India, Can Fin Homes, Zomato, others hit 52-week highs
As many as 38 stocks in the BSE 500 basket — the broadest index on the bourse — reached the milestone.
| Stock | LTP | 52 Weeks High | Previous 52 Weeks High(Price/Date) | All Time High(Price/Date) |
| 3MINDIA | 28,911.70 | 29,150.00 | 28,940.00 (13 Jul 2023) | 30,975.00 (01 Apr 2021) |
| BSOFT | 377 | 377.6 | 366.45 (13 Jul 2023) | 740.00 (02 Jan 2007) |
| CANFINHOME | 795 | 811.5 | 805.65 (05 Jul 2023) | 3,333.00 (22 Jun 2017) |
| CCL | 728.1 | 750 | 743.30 (13 Jul 2023) | 750.00 (14 Jul 2023) |
| COFORGE | 4,945.00 | 4,960.35 | 4,819.90 (07 Jul 2023) | 6,133.00 (04 Jan 2022) |
| COLPAL | 1,825.75 | 1,830.20 | 1,815.00 (13 Jul 2023) | 2,198.50 (15 Apr 2015) |
| ESABINDIA | 4,383.00 | 4,383.00 | 4,304.35 (03 Jan 2023) | 4,383.00 (14 Jul 2023) |
| ESCORTS | 2,359.15 | 2,364.00 | 2,358.75 (01 Dec 2022) | 2,364.00 (14 Jul 2023) |
| EXIDEIND | 253.35 | 257.4 | 256.50 (13 Jul 2023) | 388.45 (07 Sep 2006) |
| GESHIP | 785.7 | 819.85 | 791.20 (16 Jun 2023) | 819.85 (14 Jul 2023) |
| GILLETTE | 5,741.50 | 5,753.05 | 5,700.50 (22 Aug 2022) | 8,200.00 (29 Oct 2019) |
| GLENMARK | 699.95 | 704.1 | 693.60 (07 Jul 2023) | 1,261.95 (21 Aug 2015) |
| GODREJPROP | 1,663.95 | 1,666.95 | 1,638.45 (13 Jul 2023) | 2,598.00 (14 Oct 2021) |
| JBMA | 1,469.45 | 1,548.35 | 1,517.50 (05 Jul 2023) | 1,689.95 (24 Jan 2022) |
| JINDALSTEL | 636.05 | 644.85 | 637.00 (13 Jul 2023) | 16,780.00 (04 Jan 2008) |
| JUSTDIAL | 818.85 | 822.1 | 811.95 (12 Jul 2023) | 1,894.70 (05 Aug 2014) |
| KEC | 606 | 611.7 | 611.05 (07 Jul 2023) | 922.00 (08 Nov 2007) |
| KEI | 2,444.25 | 2,464.70 | 2,460.00 (13 Jul 2023) | 2,464.70 (14 Jul 2023) |
| KIMS | 1,892.05 | 1,905.00 | 1,904.85 (13 Jul 2023) | 1,905.00 (14 Jul 2023) |
| MEDPLUS | 875.55 | 888.8 | 864.65 (29 May 2023) | 1,343.00 (20 Jan 2022) |
| METROBRAND | 1,075.85 | 1,089.50 | 1,077.60 (13 Jul 2023) | 1,089.50 (14 Jul 2023) |
| MUTHOOTFIN | 1,297.35 | 1,305.00 | 1,296.55 (13 Jul 2023) | 1,722.55 (15 Nov 2021) |
| NATIONALUM | 87.75 | 88.24 | 86.99 (30 May 2023) | 565.90 (29 May 2008) |
| NAUKRI | 4,680.55 | 4,692.05 | 4,649.35 (13 Jul 2023) | 7,462.95 (19 Oct 2021) |
| NCC | 135.9 | 138.95 | 136.85 (12 Jul 2023) | 1,174.90 (22 Aug 2005) |
| NLCINDIA | 116.85 | 117.2 | 116.85 (13 Jul 2023) | 273.90 (04 Jan 2008) |
| OFSS | 3,989.75 | 4,015.00 | 3,970.00 (16 Jun 2023) | 5,144.60 (19 Oct 2021) |
| ONGC | 168.85 | 169.7 | 169.30 (13 Jul 2023) | 1,514.00 (10 May 2006) |
| PHOENIXLTD | 1,689.40 | 1,720.00 | 1,703.15 (13 Jul 2023) | 37,536.25 (21 Sep 2005) |
| POLYCAB | 3,842.10 | 3,868.50 | 3,845.00 (13 Jul 2023) | 3,868.50 (14 Jul 2023) |
| RBLBANK | 207.8 | 208.45 | 204.30 (13 Jul 2023) | 716.55 (28 May 2019) |
| SUPREMEIND | 3,321.55 | 3,487.20 | 3,414.00 (13 Jul 2023) | 3,487.20 (14 Jul 2023) |
| TECHM | 1,225.00 | 1,226.25 | 1,191.55 (13 Jul 2023) | 2,998.00 (02 Feb 2015) |
| TEJASNET | 852.55 | 880 | 864.00 (13 Jul 2023) | 880.00 (14 Jul 2023) |
| WESTLIFE | 907.3 | 914.5 | 910.00 (13 Jul 2023) | 1,198.35 (10 Jun 2013) |
| ZENSARTECH | 423.5 | 426.35 | 425.60 (13 Jul 2023) | 1,723.70 (03 Sep 2018) |
| ZOMATO | 82.25 | 85.25 | 84.50 (13 Jul 2023) | 169.10 (16 Nov 2021) |
| ZYDUSLIFE | 593.95 | 597.8 | 596.35 (13 Jul 2023) | 2,159.80 (01 Oct 2015) |
Source: BSE
Nifty Today LIVE | Infy, TCS, HCL Tech, Tech Mahindra among top movers
Infy, TCS, HCL Tech, Tech Mahindra and HDFC Bank are the top movers in the Nifty baskets at this hour. On the contrary, RIL, Axis Bank, HDFC Life and Titan 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 | Tech Mahindra hits 52-week high
Tech Mahindra shares gain by as much as over 3.5 per cent to clock a 52-week high of Rs 1,217.05 apiece, surpassing an earlier peak of Rs 1,191.55 touched on Thursday, July 13.
Source: BSE
Q1 Results Today | Bandhan Bank, JSW Energy, Unichem Laboratories, Tata Steel Long Products to declare Q1 earnings on July 14, Friday
Stock market investors, shareholders, and market observers look forward to corporate earnings as they remain one of the most prominent events. As Indian equity benchmarks Nifty 50 and Sensex trade in the green, market participants and investors await the quarterly results of Bandhan Bank, JSW Energy, Unichem Laboratories, Tata Steel Long Products, and other companies that are slated to report their financial results for the April-June period today, July 14.
Image source: Pixabay/ Representational image
Currency Update | Rupee gains 12 paise to 81.96 against US dollar in early trade
The rupee appreciates 12 paise to 81.96 against the US dollar in early trade on Friday, as a strong opening in domestic equity markets and a weaker greenback against major rivals overseas strengthened investor sentiments.
Share Market Today LIVE | Senco Gold makes a strong debut on Dalal Street; here's what investors may do now
Senco Gold shares make a strong entry in the secondary market on Friday, July 14, in line with market wizard Anil Singhvi's expectations. The Senco Gold stock — trades with the symbol SENCO on the bourses — opens for the first time at Rs 431 apiece on BSE, a premium of 36 per cent over the upper end of the company's IPO price band. On NSE, Senco Gold shares begin their journey at Rs 430 apiece, a premium of 35.6 per cent.
EDITOR'S TAKE | Anil Singhvi suggests holding on to Senco Gold shares with a stop loss
Zee Business Managing Editor Anil Singhvi, who had recommended applying for the Senco Gold IPO for listing gains as well as for the long term, expected the listing to be in the range of Rs 390-420 — meaning a premium of 23-32 per cent over IPO price range. Read more
Share Market Today LIVE | JBM Auto hits 52-week high as company bags orders for 5,000 electric buses
Shares of JBM Auto clocks a 52-week high of Rs 1,548.35 apiece on the BSE after the company won orders for around 5,000 electric buses for supply to various state transport units (STUs) in various states. In its regulatory filing, the company said, "JBM Auto Limited and its Subsidiaries (Company) have won orders for approx. 5000 electric buses for supplying to various STUs in the states of Gujarat, Haryana, Delhi, Telangana, and Orissa, among others, and multiple Fortune 500 companies coupled with leading corporates of the country." Read more
Anil Singhvi Market Strategy | Important levels to track in Nifty, Nifty Bank today
Zee Business Managing Editor Anil Singhvi sees support for the Nifty headline index coming in at 19,300-19,350 levels and a strong buy zone at 19,200-19,235 levels on Friday, July 14. For the Nifty Bank, he expects support at 44,450-44,550 levels and a strong buy zone at 44,125-44,325 levels.
Read more on how Anil Singhvi views the Indian share market today and what he recommends