Share Market HIGHLIGHTS: Nifty up 8 pts at 19,681, Sensex ends 29 pts lower; Hindalco gains 4%, Tata Steel 3%; Asian Paints falls 4%, ITC 2%
Share Market HIGHLIGHTS: Indian equity benchmarks Nifty 50 and Sensex ended flat on Tuesday (July 25) amid selling in heavyweights Asian Paints, ITC, and L&T. The NSE Nifty 50 closed up 8.25 points at 19,680.6, and the S&P BSE Sensex settled at 66,355.71, down 29.07 points.
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 ended flat on Tuesday (July 25) amid selling in heavyweights Asian Paints, ITC, and L&T. The NSE Nifty 50 closed up 8.25 points at 19,680.6, and the S&P BSE Sensex settled at 66,355.71, down 29.07 points.
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 up 8 pts at 19,681, Sensex ends 29 pts lower
Nifty 50
Nifty ends up 8 points at 19,681.
Source: NSE
Sensex
Sensex ends 29 points lower at 66,355.71.
Source: BSE
Share Market HIGHLIGHTS | Hindalco, JSW Steel, Tata Steel rise most in 50-scrip blue-chip basket
Hindalco, JSW Steel, Tata Steel and NTPC are among the top gainers in the Nifty basket, trading with gains of around 4-2 per cent. On the other hand, Asian Paints, ITC, Britannia India and L&T are among the top losers, down nearly 4-1 per cent.
Source: NSE
Share Market Tips LIVE | Buy Shree Digvijay, Sonata Soft shares, says Vikas Sethi
Vikas Sethi of Sethi Finmart recommends buying Shree Digvijay shares for a target of Rs 90 with a stop loss at Rs 75. Besides, he also recommends buying Sonata Soft shares for a target of Rs 1,100 with a stop loss at Rs 1,040.
Jubilant FoodWorks Q1 results | Net profit slips 25.5% YoY to Rs 75.2 crore
Jubilant FoodWorks reports a 25.5 per cent year-on-year (YoY) decline in its net profit at Rs 75.2 crore against Rs 1,010 crore logged in the year-ago period. Revenue from operations stands at Rs 13,097 crore, up 5.6 per cent YoY to Rs 12,403 crore. Read more
Share Market Today LIVE | BHEL, GAIL, other stocks hit 52-week high
As many as 59 stocks in the BSE 500 basket — the broadest index on the bourse — reached the milestone.
| Stock | CMP | 52 Weeks High | Previous 52 Weeks High(Price/Date) | All Time High(Price/Date) |
| AARTIDRUGS | 607.95 | 645 | 612.00 (24 Jul 2023) | 3,724.50 (25 Aug 2020) |
| AJANTPHARM | 1,515.00 | 1,568.00 | 1,550.00 (22 Jun 2023) | 3,450.00 (12 Mar 2015) |
| ALKEM | 3,967.75 | 3,983.60 | 3,795.50 (24 Jul 2023) | 4,067.70 (24 Sep 2021) |
| APARINDS | 3,813.50 | 3,884.05 | 3,837.90 (24 Jul 2023) | 3,884.05 (25 Jul 2023) |
| APLAPOLLO | 1,478.60 | 1,504.05 | 1,490.00 (24 Jul 2023) | 3,945.00 (08 Dec 2020) |
| ASTRAZEN | 3,823.75 | 3,882.70 | 3,874.00 (20 Jul 2023) | 4,970.00 (08 Sep 2020) |
| BHEL | 98.41 | 99.53 | 98.70 (24 Jul 2023) | 2,925.00 (07 Nov 2007) |
| BIKAJI | 481.65 | 483.05 | 479.45 (24 Jul 2023) | 483.05 (25 Jul 2023) |
| CANFINHOME | 846.45 | 905 | 896.00 (24 Jul 2023) | 3,333.00 (22 Jun 2017) |
| CASTROLIND | 135.5 | 138.2 | 137.60 (12 Jul 2023) | 2,400.00 (22 Apr 1992) |
| CENTURYTEX | 987.7 | 994.55 | 990.95 (20 Jul 2023) | 11,400.00 (03 Feb 1994) |
| COCHINSHIP | 697 | 717 | 687.25 (20 Jul 2023) | 717.00 (25 Jul 2023) |
| COLPAL | 1,890.00 | 1,900.00 | 1,897.35 (24 Jul 2023) | 2,198.50 (15 Apr 2015) |
| DRREDDY | 5,416.40 | 5,477.55 | 5,435.00 (24 Jul 2023) | 5,613.65 (07 Jul 2021) |
| ENDURANCE | 1,699.15 | 1,749.00 | 1,738.35 (17 Jul 2023) | 1,980.95 (08 Nov 2021) |
| ENGINERSIN | 145.7 | 148.6 | 142.35 (24 Jul 2023) | 2,599.00 (25 Mar 2010) |
| EPL | 229.2 | 236 | 227.35 (07 Jul 2023) | 840.00 (10 Feb 2000) |
| ERIS | 761.4 | 767 | 759.50 (24 Jul 2023) | 896.00 (14 Mar 2018) |
| FORTIS | 338 | 341.1 | 338.40 (24 Jul 2023) | 341.10 (25 Jul 2023) |
| GAIL | 115.75 | 115.8 | 113.95 (16 May 2023) | 555.00 (01 Jan 2008) |
| GLENMARK | 783.8 | 795 | 794.00 (24 Jul 2023) | 1,261.95 (21 Aug 2015) |
| GMRINFRA | 48.12 | 49.2 | 47.27 (11 May 2023) | 1,005.00 (13 Jul 2007) |
| GRASIM | 1,823.30 | 1,842.65 | 1,842.45 (24 Jul 2023) | 5,348.50 (05 Aug 2016) |
| IIFL | 575.9 | 580 | 579.00 (24 Jul 2023) | 1,974.90 (01 Jan 2008) |
| INDIANB | 331 | 337.95 | 337.60 (24 Jul 2023) | 428.00 (17 Nov 2017) |
| INDUSINDBK | 1,421.50 | 1,446.35 | 1,443.35 (19 Jul 2023) | 2,037.90 (03 Aug 2018) |
| JINDALSTEL | 661.55 | 665.5 | 650.50 (17 Jul 2023) | 16,780.00 (04 Jan 2008) |
| JSL | 374 | 375.45 | 375.25 (24 Jul 2023) | 569.85 (15 Jan 2004) |
| JYOTHYLAB | 290.7 | 290.7 | 251.95 (20 Jul 2023) | 964.40 (02 Jan 2008) |
| KEC | 640.95 | 656.95 | 639.00 (24 Jul 2023) | 922.00 (08 Nov 2007) |
| KIMS | 1,973.00 | 2,075.60 | 1,949.95 (20 Jul 2023) | 2,075.60 (25 Jul 2023) |
| KPIL | 597.4 | 602.8 | 597.15 (13 Mar 2023) | 2,119.95 (05 Apr 2006) |
| LAOPALA | 471.7 | 474.6 | 471.70 (13 Jul 2023) | 1,686.65 (23 Sep 2014) |
| LINDEINDIA | 4,676.95 | 4,859.95 | 4,644.95 (24 Jul 2023) | 4,859.95 (25 Jul 2023) |
| LLOYDSME | 578 | 585 | 583.85 (17 Jul 2023) | 585.00 (25 Jul 2023) |
| MAPMYINDIA | 1,493.20 | 1,523.20 | 1,495.00 (17 Jul 2023) | 1,918.35 (17 Jan 2022) |
| MAZDOCK | 1,917.95 | 2,040.00 | 1,956.90 (24 Jul 2023) | 2,040.00 (25 Jul 2023) |
| MINDACORP | 313.1 | 316.5 | 312.35 (24 Jul 2023) | 316.50 (25 Jul 2023) |
| MOTHERSON | 98.09 | 100.5 | 98.19 (21 Jul 2023) | 540.25 (20 Jul 2015) |
| MUTHOOTFIN | 1,316.65 | 1,318.20 | 1,313.30 (17 Jul 2023) | 1,722.55 (15 Nov 2021) |
| NATIONALUM | 94.7 | 94.9 | 93.89 (18 Jul 2023) | 565.90 (29 May 2008) |
| NHPC | 49.22 | 51.8 | 51.29 (24 Jul 2023) | 51.80 (25 Jul 2023) |
| NLCINDIA | 119.1 | 121.45 | 120.85 (24 Jul 2023) | 273.90 (04 Jan 2008) |
| NTPC | 200.25 | 201.35 | 197.75 (07 Jul 2023) | 291.00 (15 Jan 2008) |
| OBEROIRLTY | 1,064.70 | 1,098.00 | 1,091.95 (20 Jul 2023) | 1,098.00 (25 Jul 2023) |
| ONGC | 173.05 | 173.1 | 172.25 (24 Jul 2023) | 1,514.00 (10 May 2006) |
| PNBHOUSING | 691 | 699 | 696.00 (24 Jul 2023) | 1,715.30 (30 Aug 2017) |
| SHYAMMETL | 397.65 | 402.6 | 398.00 (24 Jul 2023) | 461.15 (20 Jul 2021) |
| SJVN | 59.98 | 62.75 | 59.80 (24 Jul 2023) | 62.75 (25 Jul 2023) |
| SUNPHARMA | 1,097.25 | 1,112.00 | 1,107.95 (21 Jul 2023) | 3,090.00 (29 Feb 2000) |
| SUPREMEIND | 3,732.20 | 3,813.60 | 3,718.25 (24 Jul 2023) | 3,813.60 (25 Jul 2023) |
| SUZLON | 19 | 20.8 | 20.64 (24 Jul 2023) | 2,300.00 (09 Jan 2008) |
| SWSOLAR | 363.5 | 374.75 | 373.00 (21 Jul 2023) | 755.50 (20 Aug 2019) |
| TATAMOTORS | 640.6 | 642.5 | 634.60 (10 Jul 2023) | 1,381.40 (06 Dec 2010) |
| TATAMTRDVR | 369.15 | 371.55 | 359.45 (24 Jul 2023) | 940.25 (11 Nov 2010) |
| THERMAX | 2,644.90 | 2,727.05 | 2,678.50 (19 Sep 2022) | 2,727.05 (25 Jul 2023) |
| TVSMOTOR | 1,380.50 | 1,386.90 | 1,384.55 (12 Jun 2023) | 1,386.90 (25 Jul 2023) |
| ZENSARTECH | 486 | 494.5 | 493.35 (21 Jul 2023) | 1,723.70 (03 Sep 2018) |
| ZYDUSLIFE | 622.5 | 623.95 | 618.80 (20 Jul 2023) | 2,159.80 (01 Oct 2015) |
Bajaj Auto Q1 Results | Net profit surges 41.8% YoY to Rs 1,665 crore; beats estimates
Bajaj Auto on Tuesday reports a 41.8 per cent year-on-year (YoY) rise in its standalone net profit at Rs 1,664.77 crore for the quarter ended June 30, 2023 (Q1FY24). The company had posted a profit of Rs 1,173.30 crore in the year-ago period. Total revenue from operations comes in at Rs 10,309.77 crore, up 28.79 per cent against Rs 8,004.97 crore logged in the corresponding quarter of the previous fiscal. Read more
Asian Paints Q1 results | Net profit jumps 52.5% to Rs 1,550 crore, beats analysts' estimates
Asian Paints on Tuesday reports a consolidated net profit of Rs 1,550 crore for the quarter ended June, beating analysts' estimates. According to Zee Business research, Asian Paints was estimated to report a quarterly net profit of Rs 1,336 crore. Asian Paints shares continue to reel under selling pressure after the earnings announcement. Read more
Share Market Today LIVE | "Demerging the hotels division into a wholly owned subsidiary is a welcome move by ITC," says Apurva Sheth from SAMCO Securities
"Despite the positive news of dermerger, the stock price crashed by 4% after the announcement. There are a couple of reasons behind it:
a. The demerger was widely expected and the market was anticipating developments on the same. Hence, once the cat was out of the bag the only logical reaction was to book profits and move on to the next stock.
b. The demerger ratio announced is not quite favorable to existing shareholders. The company has decided to hold 40% shares in the WOS while 60% shares will be held by the company’s shareholders on a proportionate basis. Since shareholders are not getting one share against each share they are holding, they are disappointed.
Overall we believe this is an excellent time for the company to demerge the hotel business as the sector is going through an upswing in financial performance. Quarterly numbers in Q4-FY23 were excellent and the trend is likely to continue in Q1-FY24 too."
Share Market Today LIVE | TVS Motor Company posts decent Q1 numbers, but there are concerns. Read on
Shares of TVS Motor Company gains as much as 2.86 per cent to Rs 1,343.95 apiece on the BSE on Tuesday (July 25), a day after the company released its June quarter numbers (Q1FY24). The auto company said its consolidated net profit increased by 42 per cent to Rs 434 crore in the first quarter ended June 30, 2023, on account of robust sales. Read more
Share Market Today LIVE | Campus Activewear, SRF, UPL hit 52-week lows
Three stocks hit their 52-week lows in the BSE 500 universe — the broadest index on the bourse:
| Stock | CMP | 52-week low | Previous 52-week low |
| CAMPUS | Rs 301 | Rs 299.3 | Rs 301 (31 May 2023) |
| SRF | Rs 2,173 | Rs 2,050 | Rs 2,082.2 (30 Jan 2023) |
| UPL | Rs 627.4 | Rs 625.1 | Rs 630.1 (13 Jul 2023) |
Share Market Today LIVE | Sensex turns flat as ITC, L&T, Asian Paints, Axis Bank weigh on D-Street
Here's a look at the heatmap in the 30-scrip basket (by weight):
Image: BSE
Share Market Today LIVE | Tata Motors, NTPC, other stocks hit 52-week highs
As many as 4 stocks in the S&P BSE Sensex basket reached the milestone.
| Stock | CMP | 52 Weeks High | Previous 52 Weeks High(Price/Date) | All Time High(Price/Date) |
| INDUSINDBK | 1,429.30 | 1,446.35 | 1,443.35 (19 Jul 2023) | 2,037.90 (03 Aug 2018) |
| NTPC | 199.35 | 199.7 | 197.75 (07 Jul 2023) | 291.00 (15 Jan 2008) |
| SUNPHARMA | 1,100.10 | 1,112.00 | 1,107.95 (21 Jul 2023) | 3,090.00 (29 Feb 2000) |
| TATAMOTORS | 638.2 | 640.5 | 634.60 (10 Jul 2023) | 1,381.40 (06 Dec 2010) |
Stocks To Buy | Hero MotoCorp, PowerGrid, Ramkrishna Forgings, Suprajit Engineering among analysts' top picks
In conversation with Zee Business Managing Editor Anil Singhvi, market experts Rakesh Bansal, Kunal Saraogi, Sumeet Bagadia, Himanshu Gupta and Avinash Gorakshakar 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 Power Grid, Suprajit Engineering, Hero Motocorp, Ramkrishna Forgings and Anant Raj. Read more
Share Market Today LIVE | SBI Life shares under pressure ahead of life insurer's Q1 results
SBI Life Insurance Company shares are under pressure on Tuesday as investors awaited the life insurer's earnings announcement for the April-June period due later in the day. The stock of SBI Life Insurance — trades on the bourses with the symbol SBILIFE — declines by as much as Rs 27.7 or 2.1 per cent to Rs 1,290.5 apiece on BSE.
SBI Life Q1 results: What to expect?
According to Zee Business research, SBI Life Insurance Company's net profit for the quarter ended June 2023 is estimated at Rs 300 crore, which would mean a 14.1 per cent increase compared with the year-ago period. Read more