Share Market HIGHLIGHTS: Sensex ends 340 pts higher at 65,786, Nifty at 19,497; M&M, Apollo Hospitals among top gainers
Share Market Today LIVE: Headline indices hit record closing highs. 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 Today LIVE: Headline indices hit record closing highs, Sensex ends 340 pts higher at 65,786 and Nifty ends at 19,497.
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:
Latest Updates
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: NSESensex
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
Nifty LIVE | Nifty50 @ life high; 50-scrip index scales fresh peak
Nifty50 scaled a news fresh life high of 19,466.75 from the previous high of 19,445.55 in the morning trade on July 6, 2023.
Nifty LIVE | Nifty50 @ life high; 50-scrip index scales fresh peak
After a day's break, Nifty50 scaled a news fresh life high of 19,445.55 in the morning trade on July 6, 2023.
Currency update | Rupee falls 20 paise to 82.45 against US dollar
The rupee depreciates 20 paise to 82.45 against the US dollar in early trade on Thursday, weighed down by strength of the American currency in the overseas market and elevated crude oil prices.
Share Market Today LIVE | HUL, Nestle India hit 52-week high
HUL and Nestle India stocks in the S&P BSE Sensex hit a 52-week high on Thursday.
Stock CMP 52 Weeks High Previous 52 Weeks High(Price/Date) All Time High(Price/Date) HINDUNILVR 2,743.70 2,760.40 2,759.00 (05 Jul 2023) 3,249.00 (25 Feb 2000) NESTLEIND 23,251.00 23,388.95 23,200.00 (16 Jun 2023) 23,388.95 (06 Jul 2023) Share Market Today LIVE | Tata Power shares gain after power generator bags Rs 1,744-crore smart meter project
Tata Power shares are in demand on Thursday, a day after the Tata group power generation company bagged a smart meter deal worth Rs 1,744 crore. Tata Power shares are up nearly 3 per cent, trading at Rs 228.15 on NSE. The Tata Power stock gained by as much as Rs 5.9 or 2.6 per cent to touch Rs 227.5 apiece on BSE, coming within Rs 24 of a 52-week high registered in September 2022.
As part of the deal, Tata Power will implement a smart metering project for Chhattisgarh State Power Distribution Company. Tata Power will install and maintain 18.6 lakh smart meters in the Raipur area of Chhattisgarh comprising Raipur City and Raipur rural areas, it said. Read more
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 headline index coming in at 19,300-19,340 levels and a strong buy zone at 19,200-19,235 levels on Thursday, July 6. For the Nifty Bank, he expects support at 45,000-45,075 levels and a strong buy zone at 44,750-44,900 levels.
Read more on how Anil Singhvi views the Indian share market today and what he recommends
Share Market Today LIVE | Nifty, Sensex inch lower amid weakness in financial stocks
Nifty 50
NSE's Nifty trades at 19,399.3 points, down 0.8 points in the early morning deals.
Source: NSESensex
S&P BSE Sensex trades at 65,408.62 levels, down 37 points, or 0.06 per cent in the early morning deals.
Source: BSE
Share Market Today LIVE | Marico, Adani Wilmar, JSW Steel, BSE, Solara Active Pharma, Tata Power among top stocks to track
The GIFT Nifty indicates a negative start to trading on Dalal Street on Thursday.
Here's a list of stocks that may remain in focus today.
Marico: In its update for the June quarter, Marico said that though the urban markets were steady during the April-June period, the anticipated pickup in rural demand remained elusive. The company -- which owns Saffola, Parachute, Hair & Care, among other brands -- also said that consumer demand from rural India will recover for the rest of the year as inflation is moderating.
JSW Steel: JSW Steel Ltd. will replace HDFC on the S&P BSE Sensex from July 13, the exchange announced on Wednesday. HDFC will be delisted on July 13 as the merger between HDFC Bank and HDFC has been completed. 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 — were down 42 points or 0.22 per cent at 19,470 at the last count ahead of the opening bell on Dalal Street.
Good morning! Welcome to Zeebiz.com's blog on the stock market today
Follow this space to catch minute-by-minute market action, the views of Zee Business Managing Editor Anil Singhvi and other experts, investment ideas, stock picks, brokerage calls and much more through the day.
Happy trading, and happy investing!
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.