Share Market HIGHLIGHTS: Sensex ends 260 pts higher, halts three-day losing streak; Nifty50 reclaims 22,050
Share Market HIGHLIGHTS: Domestic equity benchmarks Nifty50 and Sensex closed about 0.4 per cent stronger on Friday, recovering about one third of the losses registered the previous day. Buying in energy, FMCG and auto stocks aided the recovery on Dalal Street, though selling in IT stocks limited the upside.
Catch all the highlights of the May 10 session, 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 Nifty50 and Sensex closed about 0.4 per cent stronger on Friday, recovering about one third of the losses registered the previous day. Buying in energy, FMCG and auto stocks aided the recovery on Dalal Street, though selling in IT stocks limited the upside.
Catch all the highlights of the May 10 session, 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: Sensex up 260 pts at 72,664, halts three-day losing streak; Nifty50 reclaims 22,050
- Sensex up 260.3 pts, or 0.4 per cent, at 72,664.5
- Nifty up 97.7 pts, or 0.4 per cent, at 22,055.2
Read more on the May 10 session
Share Market Today LIVE: Sensex up 201 pts at 72,605, Nifty at 22,039 as market enters last 30 minutes of trade
Take a look at where key indices stand at this hour:
- Sensex up 201 pts at 72,605
- Nifty up 82 pts at 22,039
- Nifty Bank down 60 pts at 47,427
Share Market Today LIVE | Bank of Baroda Q4 Results Preview: Net profit likely to decline 2%, asset quality may improve
State-run lender Bank of Baroda is all set to report its financial results for the quarter as well as the year ended March 31, 2024, on Friday, May 10.
Analysts expect the PSU bank to stage a largely stable financial performance for the January-March period with some impact on the margin on account of rising operating expenses.
Share Market Today LIVE | Eicher Motors Q4 results preview: Royal Enfield motorcycle maker’s EBITDA likely to grow by one-fifth
The Royal Enfield maker Eicher Motors is slated to report its Q4 results later today (May 10, 2024).
Zee Business research desk estimates the company to report a positive set of numbers on the back of increase in sales volumes.
Share Market Today LIVE | Tata Motors Q4 Results Preview: Adjusted PAT likely to rise 28%, revenue may grow 13%
Tata Motors, an auto giant whose popular cars include Nexon and Punch, is all set to announce its fourth-quarter results ended March 31, 2024, on Friday, May 10.
Zee Business analysts peg the company's consolidated adjusted net profit at Rs 6,900 crore against Rs 5,408 crore, implying a 28 per cent rise year-on-year (YoY).
Share Market Today LIVE | Manappuram Finance jumps 3.50% after NBFC says RBI advisory won't impact its operations
Manappuram Finance rose by 3.50 per cent on BSE on Friday, May 10, 2024, after the finance company says that the RBI's advisory on the cash loan limit had no impact on its operations, and a change in the company's top management.
The stock that closed at Rs 165.70 a day ago rose by 3.50 per cent to the day's high of Rs 171.50 on Friday.
Share Market Today LIVE | Nifty Bank trades nearly 150 pts higher
Source: NSE
Nifty Today LIVE | ITC, ICICI Bank, Bharti Airtel, NTPC among top movers in 50-scrip basket
ITC, ICICI Bank, Bharti Airtel, NTPC and Axis Bank are the top movers in Nifty baskets at this hour. On the contrary, Infosys, TCS, L&T and HCL Tech are among the top drags.
Here's a look at the heatmap in the 50-scrip universe by weight:
Source: NSE
Yellow metal gold climbs to Rs 72,230 per 10 gm on Akshaya Tritiya; silver zooms to over Rs 85,300/kg
Gold and Silver rate today (May 10, 2024): On the auspicious occasion of Akshaya Tritiya today, gold prices edged higher in domestic markets tracking international gold prices as recent economic data prompted traders to raise bets of an interest rate cut from the Federal Reserve later this year.
On the MCX, Gold June futures contracts traded higher by Rs 510 or 0.71 per cent at Rs 72,149 per 10 gm, while at day's high it climbed to levels of Rs 72,230 per 10 gm. MCX July silver contracts were up by 0.69 per cent or Rs 580 at Rs 85,079 per kg. Read more
Stocks to Buy | TVS Motor, Infosys among analysts' top picks
In conversation with Zee Business Managing Editor Anil Singhvi, market experts Rakesh Bansal, Siddharth Sedani, Kunal Saraogi Sumeet Bagadia share their top stock recommendations in this special segment, Pick of the Day.
On the top analysts' 'buy' list are stocks such as TVS Motor and Infosys. Read more
Share Market Today LIVE | How to trade SBI, Suryoday SFB, BPCL, other stocks today? Here is what market wizard Anil Singhvi recommends
As Dalal Street enters the last trading session of the week, Zee Business Managing Editor Anil Singhvi shares his thoughts on a bunch of stocks, including SBI, BPCL and Suryoday Small Finance Bank.
Catch the complete list here:
Buy SBI futures, says Anil Singhvi
The market wizard suggests buying SBI futures for targets of Rs 822, Rs 830 and Rs 844 with a stop loss at Rs 797.
BPCL results above estimates, says Anil Singhvi
The market wizard points out that state-run OMC BPCL staged better March-quarter results than all its peers, especially on the operational front.
Suryoday Small Finance Bank Q4 results strong with improved asset quality, says Anil Singhvi
The market guru points out that the small finance bank staged a strong financial performance for the January-March period with 29 per cent and 56 per cent growth in NII and PAT respectively. Read more
Dividend Stocks | HDFC Bank, Ramkrishna Forgings, Aptech, other stocks trade ex-date today
Shares of several companies, including IHDFC Bank, Ramkrishna Forgings, Aptech and others traded ex-date today, May 10, as per data available on NSE.
HDFC Bank dividend 2024 record date
HDFC Bank has announced a dividend of Rs 19.5 per equity share with a face value of Re 1 with a record date of May 10.
UCO Bank dividend 2024 record date
UCO Bank has announced a dividend of Re 0.28 per equity share with a face value of Rs 10 with a record date of May 10.
DCB Bank dividend 2024 record date
DCB Bank has announced a dividend of Rs 1.25 per equity share with a face value of Rs 10 with a record date of May 10. Read more
Share Market Today LIVE | Nifty crosses 22,000, Sensex up over 100 pts in opening deals
Nifty50
Source: NSE
Sensex
Source: BSE