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. 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.coms 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: NSESensex
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
Currency Update | Rupee rises 14 paise to 81.67 against US dollar in early trade
The rupee gains 14 paise to 81.67 against the US dollar in early trade on Tuesday tracking the weakness of the American currency in the overseas market.
Share Market Today LIVE | Should you buy, sell or hold Tata Steel shares after Tata group steelmaker's Q1 results meet analysts' estimates?
Tata Steel shares face selling pressure on Tuesday, a day after the Tata group steelmaker reported a set of quarterly numbers that were largely in line with analysts' estimates. The Tata Steel stock drops by as much as Re 1.1 or one per cent to Rs 114.4 apiece on BSE in morning deals.
Tata Steel Q1 results: A summary
After market hours on Monday, Tata Steel reported a net profit of Rs 634 crore for the April-June period, a fall of 91.8 per cent compared with the corresponding period a year ago. Read more
Share Market Today LIVE | Nifty above 19,700, Sensex rises over 50 pts
Nifty 50
Nifty trades at above 19,700, up 0.18 per cent in opening deals.
Source: NSESensex
Sensex trades at 66,460.45, up 0.11 per cent in opening deals.
Source: BSE
Anil Singhvi Market Strategy | Important levels to track in Nifty, Nifty Bank today
Zee Business Managing Editor Anil Singhvi sees support for the Nifty index coming in at 19,600-19,650 levels and a strong buy zone at 19,500-19,565 levels on Tuesday, July 25. For the Nifty Bank, he expects support at 45,700-45,850 levels and a strong buy zone at 45,450-45,650 levels.
Read more on how Anil Singhvi views the Indian share market today and what he recommends
Stocks To Watch | Tata Motors, Tata Steel, and Maruti Suzuki: Stocks to watch out for on Tuesday
Some of the prominent companies that declared their results on Monday were TVS Motors, Tata Steel, and HDFC AMC, while giants like Tata Motors, Larsen & Toubro, and Bajaj Auto will declare their results on Tuesday. ZeeBiz takes you through the shares that are expected to seize attention on Tuesday.
Maruti Suzuki
The automaker announced on Monday that it would recall its 87,599 vehicles (S-Presso and Eeco) manufactured between July 5, 2021, and February 15, 2023. The company in its BSE filing said, "It is suspected that there is a possible defect in a part of steering tie rod, used in such vehicles, which in a rare case, may break and affect vehicle steerability and handling." The company said that the affected vehicle owners would be receiving communication from Maruti Suzuki-authorised dealer workshops for inspection and replacement of the faulty part, free of cost.
TVS Motors
The company announced its Q1 results just before the close of the market, recording a 42 per cent rise in its PAT to Rs 434 crore in the quarter ended June 30. On the back of its robust sales, the company's total income rose to Rs 9,142 crore as against Rs 7,348 in the year-ago period. The company said its exports of two- and three-wheelers also grew five per cent to 9.53 lakh.
Larsen & Toubro
Zee Biz Research estimates construction major Larsen & Toubro to report robust results on Tuesday. Analysts predict the company to clock a 23.9 per cent jump in its PAT to Rs 2,110 crore. The company's revenue can also jump 13.3 per cent to Rs 40,619 crore, while EBIDTA may also rise 11.3 per cent to Rs 4403 crore. Read more
Dividend Stocks | KEC International, Cholamandalam Investment, Orient Cement among 8 shares to trade ex-date today
A total of 8 stocks will trade ex-dividend on Tuesday, July 25, according to the NSE website. The list includes KEC International, Cholamandalam Investment, Orient Cement, and other stocks.
Carborundum Universal dividend
Carborundum Universal has announced a dividend of Rs 2 per equity share with a face value of Re 1.
Kirloskar Brothers dividend
Kirloskar Brothers has announced a dividend of Rs 4.5 per equity share with a face value of Rs 2. The record date is also July 25.
KEC International dividend
KEC International has announced a dividend of Rs 3 per equity share with a face value of Rs 2. Read more
Share Market Today LIVE | GIFT Nifty futures indicate a positive start ahead on Dalal Street
GIFT Nifty futures — an early indicator of the Nifty 50 index — are up 37.5 points or 0.19 per cent at 19,722 ahead of the opening bell on Dalal Street.
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