Share Market HIGHLIGHTS: Sensex ends 340 pts higher at 65,786, Nifty at 19,497; M&M, Apollo Hospitals among top gainers

Thank you! That's all today on Zeebiz.com's blog on the Indian share market

For all other news related to business, politics, tech, sports and auto, follow us on Twitter, Facebook, LinkedIn and Instagram. 

Share Market HIGHLIGHTS | Sensex ends 340 pts higher at 65,786, Nifty at 19,497

Nifty 50

NSE's Nifty ends at 19,497.30, up by 0.51 per cent on Thursday. 

Source: NSE

Sensex

S&P BSE Sensex ends 340 pts higher at 65,786 on Thursday. 

Source: BSE

Share Market HIGHLIGHTS | M&M, Apollo Hospitals, Power Grid rise most in 50-scrip blue-chip basket

M&M, Apollo Hospitals, Power Grid and Tata Motors are among the top gainers in the Nifty basket, trading with gains of around 5-2 per cent. On the other hand, Eicher Motors, HDFC Life, Maruti Suzuki and HCL Tech are among the top losers, down nearly 3-1 per cent.

Source: NSE

MARKET AT ALL-TIME HIGH | Nifty crosses 19,512 mark for the first time; Sensex at 65,832.98

Nifty LIVE | Nifty50 @ life high; crosses 19,500 mark for the first time 

Share Market Today LIVE | CEAT stock hits all-time high; m-cap crosses Rs 10,000 crore mark

Shares of tyre maker Ceat Ltd hit a new milestone on Thursday, July 6 as the company's market capitalisation crossed the Rs 10000 crore mark. The stock hit a record high of Rs 2,498.10 on the BSE.

MARKET AT ALL-TIME HIGH | Nifty crosses 19,490 mark; Sensex at 65,754.12

Share Market Today LIVE | Eicher Motors continues to slide, HDFC Securities downgrades stock to REDUCE 

Eicher Motors shares remain under pressure for the third straight session on Thursday, July 6, amid a significant increase in competition. The stock trades 2.29 per cent lower at Rs 3,234.2 on the BSE. It hit a low of Rs 3,207.55 during the trade.

Meanwhile, HDFC Securities has downgraded the stock to REDUCE from ADD with a target price of Rs 3,086 from Rs 3,310 earlier. The brokerage said that aggressive competition will hurt Eicher Motors' flagship unit, Royal Enfield's, growth. Read more

Share Market Today LIVE | RRP Infra Projects hits 52-week high

RRP Infra Projects shares gain by as much as 17.2 per cent to clock a 52-week high of Rs 66.5 apiece, surpassing an earlier peak of Rs 60.5 touched last month (June 20, 2023).

MARKET AT ALL-TIME HIGH | Nifty crosses 19,470 mark for the first time; Sensex at 65,693.09

Share Market Today LIVE | KEC International shares hit record high after company wins orders worth Rs 1,042

Shares of KEC International hit a new record high of Rs 604.35, rising 4.97% against the previous close of Rs 575.70 on BSE. RPG group firm KEC International, which is into infrastructure as an EPC player, has secured new orders worth Rs 1,042 crore from the Railways and its maiden international order for a signaling & telecommunication project. It has also secured an order in the metals & mining segment and transmission & distribution orders from India, the Middle East, Europe and the US. KEC has a presence in power transmission and distribution, Railways, civil, urban infrastructure, solar, smart infrastructure, oil & gas pipelines, and cables.

Share Market Today LIVE | AccelerateBS India SME IPO hits Street; issue price, listing date, other important details to know

Digital technology services company AccelerateBS India launched an IPO on Thursday to raise up to Rs 5.7 crore. The SME IPO comprises fresh issuance worth up to Rs 1.7 crore, and an offer for sale by promoters and existing shareholders. 

Here are some of the key things to know about the SME IPO:

AccelerateBS India SME IPO subscription 

The SME IPO of AccelerateBS India, which opened for subscription on July 6, will be available for bidding till July 11. The basis of allotment is likely to be finalised on July 14 and the credit of shares to take place on July 18. Read more 

Share Market Today LIVE | Zomato gains 1.5%, HSBC raises target price to Rs 93

Shares of Zomato, the restaurant aggregator and food delivery company on Thursday are up 1 per cent to trade at 74.8 on NSE. Of late, foreign brokerages have raised the target prices on the stock. The latest one to join the list is HSBC, which has increased the target to Rs 93. This is the biggest target increase for the stock since December 13, 2021, according to Zee Business Research.

Since April, leading foreign brokerages such as Morgan Stanley, Citi, and CLSA have raised their target prices. Zomato gains 1.5%, HSBC raises target price to Rs 93. Read more 

Stocks to buy today | DLF, Britannia, HUL, Indian Oil, Exide among analysts' top picks

In conversation with Zee Business Managing Editor Anil Singhvi, market experts Himanshu Gupta, Vikas Sethi, Kunal Saraogi, Rakesh Bansal and Sumeet Bagadia 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, DLF, Indian Oil Corporation, Hindustan Unilever and Britannia Industries. Read more 

Share Market Today LIVE | SBI Card, HDFC Bank, ICICI Bank shares stage mixed moves as RBI seeks to give customers choice of card network

SBI Card, HDFC Bank, ICICI Bank, Bajaj Finance and other stocks from the banking and financial services basket are staging mixed moves on Thursday, a day after a draft circular by the RBI asked banks and non-banking financial companies to issue credit, debit and prepaid cards on multiple networks to give customers the freedom to choose. While ICICI Bank and Axis Bank gained around half a per cent in early deals on BSE, SBI Card, HDFC Bank, Bajaj Finance delined up to one per cent. 

"On a review, it is observed that arrangements existing between card networks and card issuers (banks and non-banks) are not conducive to the availability of choice for customers," the central bank said in the circular, seeking comments till August 4. Read more