Share Market HIGHLIGHTS: Sensex ends 118 pts higher, Nifty reclaims 18,500 led by auto, FMCG stocks
Share Market HIGHLIGHTS: The benchmark indices traded in a narrow range on Friday, June 2. 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: The benchmark indices traded in a narrow range on Friday, June 2, and ended with around 0.20 per cent gains. At close, the S&P BSE Sensex stood at 62,547.11, up 119 points, or 0.19 per cent while the NSE's Nifty settled 46 points, or 0.25 per cent higher at 18,534.10.
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EXPERT VIEW | Gaurang Somaiya, Forex & Bullion Analyst at MOFSL, on Rupee
"The rupee continued to appreciate against the US dollar after GDP data released on the domestic front came in better than estimates. The dollar weakened, and that too supported the other crosses. Yesterday, the dollar was resilient after private payrolls came in above estimates. Today, the focus will be on the non-farm payrolls number that will be released from the US. We expect the USD/INR (spot) to trade sideways and quote in the range of 82.05 and 82.50."
Share Market HIGHLIGHTS | Hindalco, Hero Motocorp, Apollo Hospitals among the top gainers in the Nifty basket
Hindalco, Hero Motocorp, Apollo Hospitals and Tata Steel are among the top gainers in the Nifty basket, trading with gains of around 3-2 per cent. On the other hand, Adani Enterprises, BPCL, HDFC Life and TCS are among the top losers, down around 2-0.5 per cent.
Source: NSE
Share Market HIGHLIGHTS | Sensex ends 118 pts higher, Nifty above 18,500
Nifty 50
Nifty 50 ended at 18,523.9, up 36.15 points or 0.20 per cent on Friday,
Source: NSESensex
Sensex ended at 62,547.11, up by 118.57 points or 0.19 per cent on Friday.
Source: BSE
Share Market Today LIVE | Graphite India, HEG, JK Lakshmi Cement rise most among almost 333 gainers in BSE 500 universe
On the other hand, Adani Total Gas, Mahanagar Gas and Gujarat Gas were the worst hit among the 167 laggards.
Source: NSE
Share Market Today LIVE | Graphite India, HEG, JK Lakshmi Cement rise most among almost 333 gainers in BSE 500 universe
On the other hand, Adani Total Gas, Mahanagar Gas and Gujarat Gas were the worst hit among the 167 laggards.
Source: NSE
Share Market Today LIVE | Graphite India, HEG, JK Lakshmi Cement rise most among almost 333 gainers in BSE 500 universe
On the other hand, Adani Total Gas, Mahanagar Gas and Gujarat Gas were the worst hit among the 167 laggards.
Source: NSE
Nifty Today LIVE | L&T, HUL, ITC, Bharti Airtel among top movers
L&T, HUL, ITC and Bharti Airtel are the top movers in Nifty baskets at this hour. On the contrary, Infosys, RIL, TCS and Adani Enterprises are among the top draggers.
Here's a look at the heatmap in the 50-scrip universe by weight:
Source: NSE
Share Market LIVE | Why have Biocon shares slipped in trade today? Read this to find out
Shares of Biocon — the Bangalore-based company trades at Rs 240.10 apiece on the BSE, down 2.1 per cent snapping a two-day winning streak and recording the day’s low of Rs 234 apiece in Friday’s trading session. Read more
Share Market Today LIVE | Tata Elxsi joins hands with Cultos Global to integrate NFT Token mechanism; stock up over 1%
Tata Elxsi shares are up around 1 per cent higher at Rs 7,685 on the BSE on Friday, June 2, after the company informed exchanges it has partnered with Cultos Global to integrate a Blockchain mechanism from Cultos Global with its TETHER Connected Vehicle Platform, to create an innovative Driver Reward Program. Shares of Tata Elxsi gained as much as 1.49 per cent to Rs 7,750 apiece on the BSE. Read more
Share Market Today LIVE | Info Edge shares in focus today; here's what you need to know
Shares of Info Edge are in focus on Friday, June 2. The shares crashed nearly 10 per cent in the pre-open session but recovered within minutes. The knee-jerk reaction could be attributed to the intimation with respect to the initiation of a forensic audit on 4B Networks Private Limited ("4B Networks"). The stock quotes Rs 4,222.45 up Rs 3.80 or 0.090 per cent.
Share Market Today LIVE | Tata Motors, Marico, Jubilant FoodWorks, M&M Finance among analysts' top picks
In conversation with Zee Business Managing Editor Anil Singhvi, market experts Rakesh Bansal, Himanshu Gupta, Sacchitanand Uttekar, Siddharth Sedani, Kunal Saraogi and Sumeet Bagadia share their top recommendations for the day in this special segment, Pick of the Day. Read more
Cyient hits 52-week high; firm fixes June 12 as record date for final dividend
Shares of mid-tier IT company Cyient hit a fresh 52-week high of Rs 1,524.75 apiece on the NSE on Friday, June 2. The shares are up around 9 per cent or Rs 119 at Rs 1,491 apiece on the NSE. In the morning trade, the stock surged as much as 11.22 per cent to the 52-week high level. Read more
Share Market Today LIVE | Coal India edges lower as OFS opens for retail investors today
Coal India Ltd. (CIL) stock edges lower on Friday, June 2, on the back of the ongoing OFS being open for retail investors today. The stock opened at Rs 228.50, down from Thursday's close of Rs 230.35 on the NSE. The stock quotes Rs 229.45, down by 0.39 per cent or Rs 0.90 on the NSE. On May 31, the government proposed to sell up to a three per cent stake in Coal India Ltd. through the Offer for Sale (OFS) route. The non-retail portion got a good response on Thursday and was subscribed 3.46 times. Read more
Share Market Today LIVE | Infosys slips 1% as stock trades ex-date today
Shares of Infosys (INFY) — the country's second-largest IT services exporter slips 1 per cent as the stock trades ex-date today, June 2. Infosys has announced an interim dividend of Rs 17.50 per equity share. Read more
Share Market Today LIVE: Sensex up over 200 pts, Nifty touches 18,550
Sensex
Sensex up over 200 points or 0.33 per cent at Rs 62,632.93.
Source: BSE
Nifty 50
Nifty trades at Rs 18,549.3, up over 60 points or 0.33 per cent.
Traders' Diary | Buy, sell or hold strategy on Eicher Motors, ICICI Pru, ONGC, Indian Hotels, TVS Motor, over a dozen other stocks today
In this edition of Traders' Diary, the Zee Business research team shares exclusive research on 20 stocks that investors and traders can track on Friday. Check out which stocks are on analysts Kushal Gupta and Ashish Chaturvedi's radar, and what they recommend in cash and derivative segments.
Here's the complete list of investment and trading ideas for the day:
Kushal Gupta recommends buying Prism Johnson shares in the spot market for a target of Rs 126 with a stop loss at Rs 119. Read more
Anil Singhvi strategy June 2 | Important levels to track in Nifty, Nifty Bank today
Zee Business Managing Editor Anil Singhvi sees support for the Nifty50 benchmark emerging at 18,425-18,475 levels and a strong buy zone at 18,340-18,400 levels on Friday, June 2. For the Nifty Bank, he sees support at 43,525-43,675 levels and a strong buy zone at 43,200-43,375 levels. Read more
Share Market Today LIVE: Infosys, Tata Motors, Eicher Motors, Adani Enterprises, and Aditya Birla Corp among top stocks to track today
Domestic equities are likely to see a strong opening on May 2, Friday. The US Senate has also passed bipartisan legislation backed by President Joe Biden that lifts the government's $31.4 trillion debt ceiling, averting what would have been a historic, first-ever default. Besides, the Nifty futures on the Singapore Exchange (SGX) traded 0.40 per cent or 74.5 points higher at 18,638 levels.
Let's take a look at the top stocks that may remain in focus today.
Tata Motors on Thursday reported a 1.62 per cent decline in total sales at 74,973 units in May as compared to the same month last year. The company had posted a total sales of 76,210 units in May 2022, Tata Motors said in a statement. Read more
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