Share Market HIGHLIGHTS: Sensex ends 284 pts lower, Nifty gives up 18,800 as IT stocks weigh on D-Street

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Share Market HIGHLIGHTS | Sensex ends 284 pts lower, Nifty gives up 18,800

Nifty 50

NSE's Nifty ended at 18,771.25, down 86 points, or 0.45 per cent.

Source: NSE

Sensex

S&P BSE Sensex scaled a fresh peak of 63,601.71 during the session before settling at 63,238.89, down 284 points, or 0.45 per cent.

Source: BSE

Share Market HIGHLIGHTS | Bajaj Finance, Tata Consumer, Asian Paints emerge as top losers in 50-scrip blue-chip basket

Bajaj Finance, Tata Consumer Products, Asian Paints and Tata Motors are among the top losers in the Nifty basket, down nearly 2 per cent. On the other hand, Divi's Lab, L&T, Tata Steel and HDFC are among the top gainers, trading with gains of around 1 per cent.

Source: NSE

Share Market Today LIVE | Hindustan Aeronautics signs deal with GE Aerospace for fighter jet engines

Hindustan Aeronautics (HAL) on Thursday signed a deal with GE Aerospace, a subsidiary of General Electric, for fighter jet engines. The news was first reported by Zee Business. The deal was signed amid a historic summit between Prime Minister Narendra Modi and US President Joe Biden. PM Narendra Modi is currently on his three-day visit to the US. HAL shares are trading at Rs 3,758.9, down by Rs 61.45 or 1.61 percent. Read more

Share Market Today LIVE | DFC First Bank, India Cements among top losers in BSE 500 universe

IDFC First Bank, India Cements and Aegis Logistics are the worst hit among the 364 laggards in BSE 500 universe. On the other hand, Swan Energy, Aether Industries, KEI Industries and ZF Commercial Vehicle Control Systems India rise most among almost 136 gainers in BSE 500 universe. 

Source: BSE

Share Market Today LIVE | Nomura says Indian banking sector on cusp of multi-year credit cycle; check analysts' top picks 

The Indian banking sector is on the cusp of a multi-year credit cycle, global brokerage Nomura said in its latest report. The brokerage expects banks to deliver a 17 per cent return on equity (ROE) over FY24–25F, with an 18 per cent loan compound annual growth rate (CAGR) for private banks, Zee Business reported. Read more 

Global Market Update | UK's FTSE 100 index falls over 1% 

The UK equity market begins the day deep in the red, with the benchmark FTSE 100 index down 102 points or 1.4 per cent at 7,472.5 mere minutes into the opening bell. 

The pan-European Stoxx 600 index is down 5.6 points or 1.2 per cent at 451.4.

Global Market Update | Dow Jones, S&P 500, Nasdaq Composite futures indicate a negative start ahead on Wall Street

Here's how the futures contracts of the three main US stock market benchmarks fare at this hour: 

• Dow Jones Industrial Average: down 112 points or 0.3 per cent at 34,123
• S&P 500: down 12 points or 0.3 per cent at 4,397.3
• Nasdaq Composite: down 45.3 points or 0.3 per cent at 14,998.8

Share Market Today LIVE | Bank of Baroda, PNB Housing, Exide, Apollo Tyres, Zensar scale 52-week highs

As many as 18 stocks in the BSE 500 basket — the broadest index on the bourse — reached the milestone:  

Nifty Today LIVE | RIL, Infy, Bajaj Finance among top draggers

RIL, Infy, Bajaj Finance and NTPC  are the top draggers in Nifty baskets at this hour. On the contrary, HDFC twins, ICICI Bank, Tata Steel and M&M are among the top movers.

Here's a look at the heatmap in the 50-scrip universe by weight:

Source: NSE

Share Market Today LIVE | Delhivery rises 7% after block deal; Carlyle likely stake seller

Delhivery trades at Rs 388.7 apiece, up 0.03 per cent on NSE. Shares of Delhivery climbed over 7 per cent on the BSE in early morning trade after 2.5 per cent equity shares worth Rs 1.84 crore changed hands via a block deal. As per Zee Business, Carlyle was expected to sell its entire 1.84 per cent stake through a block deal. The base price of the block deal, as per the report, was fixed at Rs 385.50 per share.

The stock touched the intra-day high of Rs 401.95 apiece at the opening. Delhivery scrip recorded a 52-week high on January 27, 2023, on the NSE. Read more 

Share Market Today LIVE | Wipro's mega buyback opens; should you tender shares?

Wipro's mega buyback, worth Rs 12,000 crore, hit Dalal Street on Thursday, June 22. India's fourth largest IT company by market value, Wipro launched its largest-ever share buyback programme to purchase 26.96 crore shares at Rs 445 apiece through the tender route. The price of the Wipro share buyback marks a premium of 15.3 per cent over the market price. The stock is trading at Rs 383.25, down by 2.25 or 0.58 per cent. 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 index coming in at 18,755-18,825 levels and a strong buy zone at 18,660-18,725 levels on Thursday, June 22. For the Nifty Bank, the market wizard sees support at 43,625-43,750 levels and a strong buy zone at 43,400-43,525 levels.

Read more on how Anil Singhvi views the Indian share market today and what he recommends

Share Market Today LIVE | Nifty near 18,850; Sensex down 50 pts

Nifty 50

NSE's Nifty quoted at 18,843.2, down 14 points or 0.07 per cent in early morning deals. 

Source: NSE

Sensex

The S&P BSE Sensex traded 89 points or 0.14 per cent lower at 63,434.44 points in early morning deals. 

Source: BSE

Rupee Check | Rupee opens at 81.93/$ against Wednesday’s close of 82.04/$