Share Market HIGHLIGHTS: Sensex ends 111 pts lower, Nifty slips to 22,453 as D-Street halts three-day winning run
Share Market HIGHLIGHTS: Domestic equity benchmarks Nifty 50 and Sensex halted a three-day winning streak on Tuesday, retreating from record highs registered the previous day, amid selling pressure in financial and IT stocks though gains in auto shares lent some support.
Catch all the highlights of the April 2 session on Dalal Street, market commentary and analysis, the views of Zee Business Managing Editor Anil Singhvi and other experts, stock recommendations, and much more only on Zeebiz.com's blog:
Share Market HIGHLIGHTS: Domestic equity benchmarks Nifty 50 and Sensex halted a three-day winning streak on Tuesday, retreating from record highs registered the previous day, amid selling pressure in financial and IT stocks though gains in auto shares lent some support.
Catch all the highlights of the April 2 session on Dalal Street, market commentary and analysis, the views of Zee Business Managing Editor Anil Singhvi and other experts, stock recommendations, and much more only on Zeebiz.com's blog:
Latest Updates
Share Market Today: Tata Consumer Products, Mahindra & Mahindra, BPCL, Bajaj Auto rise most among 28 Nifty gainers; Hero MotoCorp, Kotak Mahindra Bank, HCL Tech worst hit
Top Nifty50 gainers
| Stock | Apr 2 close | Change (%) |
| TATACONSUM | 1,130.95 | 4.05 |
| M&M | 1,970.00 | 2.82 |
| BPCL | 616.2 | 2.58 |
| BAJAJ-AUTO | 9,271.05 | 2.53 |
| ADANIPORTS | 1,402.85 | 1.96 |
| TATAMOTORS | 1,006.40 | 1.43 |
| NESTLEIND | 2,622.00 | 1.41 |
| SHRIRAMFIN | 2,463.45 | 1.3 |
| DIVISLAB | 3,608.50 | 1.14 |
| INDUSINDBK | 1,558.90 | 1.07 |
Top Nifty50 losers
| Stock | Apr 2 close | Change (%) |
| HEROMOTOCO | 4,566.95 | -2.43 |
| KOTAKBANK | 1,756.70 | -1.9 |
| HCLTECH | 1,531.95 | -1.59 |
| ICICIBANK | 1,083.15 | -1.5 |
| SBILIFE | 1,469.30 | -1.39 |
| INFY | 1,483.90 | -0.77 |
| APOLLOHOSP | 6,410.00 | -0.73 |
| TCS | 3,890.20 | -0.68 |
| WIPRO | 481.65 | -0.68 |
| LT | 3,811.80 | -0.68 |
Share Market Today: Sensex drops 111 pts, Nifty at 22,453; Hero MotoCorp, Kotak Mahindra Bank top blue-chip losers, down 2%
Share Market Today LIVE: Sumeet Bagadia positive on Apollo Tyres
Mere minutes ahead of the closing bell, Sumeet Bagadia of Choice Broking shares a 'buy' call on Apollo Tyres.
Bagadia has placed his targets for the tyre stock at Rs 481 and Rs 488 with a stop loss at Rs 461.
Share Market Today LIVE: Buy Nifty50 22,600 call option at Rs 107, says Jay Thakkar
Jay Thakkar of ICICI Securities suggests buying the 22,600 call option (April 10) of the headline index at Rs 107 for targets of Rs 175 and Rs 180 with a stop loss at Rs 62.
Share Market Today LIVE: Buy Orient Electric shares, says Vikas Sethi
Vikas Sethi of Sethi Finmart has a 'buy' call on Orient Electric (ORIENTELEC) shares.
Sethi has placed his target for the stock at Rs 225 with a stop loss at Rs 197.
Share Market Today LIVE: Buy Tata Consumer Products futures, says Sandeep Wagle
Sandeep Wagle of Sandeep Wagle Advisory Services suggests buying Tata Consumer Products futures for targets of Rs 1,150, Rs 1,155 and Rs 1,170, with a stop loss at Rs 1,120.
BSE Capital Goods index hits all-time high; BEL, HAL jump up to 5%
The S&P BSE Capital Goods index hit an all-time high of 62,520.95 levels in the intraday trade on Tuesday, April 2, on the back of healthy buying in most of its constituents. Some of the top gainers in the index included Bharat Electronics (BEL), Lakshmi Machine Works, Hindustan Aeronautics (HAL), and Schaeffler India, among others.
CAMS' subsidiary to facilitate e-insurance; stock jumps 6%
Shares of Computer Age Management Services (NSE: CAMS) gained as much as 6 per cent during the afternoon trade on Tuesday (April 2) after the company informed that its subsidiary 'CAMSREP' will issue insurance policies in electronic mode.
As of 1:01 p.m., shares of CAMS traded over 4 per cent, or Rs 135.04, higher at Rs 3,128 apiece on the BSE. The market capitalisation of the company at around the same time stood at Rs 15,371.97 crore.
Share Market Today LIVE: Buy Indian Oil, BF Utilities shares, says Nilesh Jain
Nilesh Jain of Centrum Broking shares two recommendations with Zee Business viewers:
- Buy BF Utilities shares for targets of Rs 870 and Rs 900 with a stop loss at Rs 810
- Buy Indian Oil shares for targets of Rs 175 and Rs 177 with a stop loss at Rs 168
Share Market Today LIVE: Buy SRF shares, says Sneha Seth
Sneha Seth of Angel One suggests buying SRF shares for a target of Rs 2,699 with a stop loss at Rs 2,550.
Seth's target implies an upside of 3.0 per cent in the stock from the previous close.
The stock of the multi-business chemicals conglomerate has risen 6.1 per cent so far in 2024, outperforming a 3.0 per cent gain in the headline Nifty50 index.
Image: BSEIndia.com
Share Market Today LIVE: Positive on HG Infra shares, target Rs 1,150, says Chandan Taparia
Chandan Taparia of Motilal Oswal Financial Services says HG Infra is looking good on the charts, trading near an all-time high scaled recently.
Despite a sharp run-up in the past two days, the stock looks ready for a further upside to the tune of 15-20 per cent, says Taparia.
HG shares have support at Rs 1,050 and investors may see a target of Rs 1,150 soon, he says.
Aditya Birla Capital hits 52-week high after Macquire initiates coverage with ‘outperform’, expects stock to double in 3 years
Aditya Birla Capital shares soared to a 52-week high on Tuesday after foreign brokerage Macquarie initiated coverage on the Aditya Birla group investment company. The stock of Aditya Birla Capital (ABCAPITAL) soared by as much as Rs 17.8, or 9.8 per cent, to Rs 199.6 apiece on BSE. Analysts at Macquarie believe that Aditya Birla Capital shares have the potential to double in three years.
Share Market Today LIVE: Buy Nifty Bank futures, target 48,250, says Chandan Taparia
Chandan Taparia of Motilal Oswal Financial Services suggests buying Nifty Bank futures for a target of 48,250 with a stop loss at 47,250.
Share Market Today LIVE: ICICI Bank, Kotak Mahindra Bank, L&T, HCL Tech, Bharti Airtel worst hit among 18 Sensex losers
Image: BSEIndia.com
Share Market Today LIVE: IT stocks weigh on Nifty50
Image: NSEIndia.com