Share Market HIGHLIGHTS: Sensex ends 692 pts higher, Nifty reclaims 22,800 led by IT, financial, energy stocks
Share Market HIGHLIGHTS: Domestic equity benchmarks Nifty 50 and Sensex continued to recover for a second straight day following a market-wide sell-off amid incoming polling data on June 4. Catch all the highlights of the June 6 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.coms blog.
Share Market HIGHLIGHTS: Domestic equity benchmarks Nifty 50 and Sensex continued to rise for a second straight session on Thursday following a market-wide sell-off on June 4 amid incoming election data.
Catch highlights of the June 6 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:
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Forex Market Update | Rupee ends at 83.49 vs dollar
The rupee declined by five paise, or 0.1 per cent, to settle at a provisional 83.49 against the US dollar.
Share Market Today | Sensex ends 692 pts higher, Nifty reclaims 22,800 led by IT, financial, energy stocks
Share Market Today LIVE | Buy Happiest Minds stock, says Vikas Sethi
Vikas Sethi of Sethi Finmart recommends buying Happiest Minds Technologies (HAPPSTMNDS) shares at Rs 799 for a short-term target of Rs 840 with a stop loss at Rs 790.
Share Market Today LIVE | Buy Azad Engineering stock, says Vikas Sethi
Vikas Sethi of Sethi Finmart recommends buying Azad Engineering (AZAD) shares at Rs 1,515 for a short-term target of Rs 1,625 with a stop loss at Rs 1,495.
Share Market Today LIVE | Buy Tech Mahindra stock, says Sumeet Bagadia
Sumeet Bagadia of Choice Broking recommends buying Tech Mahindra shares for targets of Rs 1,340 and Rs 1,350 with a stop loss at Rs 1,280.
Share Market Today LIVE | Buy JK Cement stock, says Rakesh Bansal
Rakesh Bansal of Rakesh Bansal Ventures recommends buying JK Cement shares for targets of Rs 4,168 and Rs 4,178 with a stop loss at Rs 3,898.
Share Market Today LIVE | Stock markets in mid-afternoon trade: Sensex, Nifty fall from day's highs; Tech Mahindra top Nifty gainer
In the mid-afternoon session, headline indices both Sensex and Nifty pared some of the earlier gains and traded higher by 0.5 per cent each.
At the last count, Sensex traded at 74,743.78, up 361.25 points, while Nifty was up by 111 points at 22,731.3 points.
Meanwhile, broader markets continued to perform their headline with Nifty Midcap 100 and Nifty Smallcap 100 gaining up to 3 per cent.
Share Market Today LIVE | UBS retains ‘buy’ rating on this private sector lender; sees 23% upside potential
Shares of HDFC Bank in Thursday’s morning deals (June 6, 2024) traded with gains of nearly 1 per cent after global brokerage UBS retained its ‘buy’ call on the counter with a target of Rs 1900, translating into a potential upside of 23 per cent from the previous close.
At the last count, shares of the bluechip lender traded higher by 0.42 per cent at Rs 1,557.75 apiece.
Share Market Today LIVE | Should you buy L&T, Zomato, Delhivery, MCX, other stocks today?
As Dalal Street enters the June 6 session, brokerages have few stocks on their radar.
Here's what Morgan Stanley, Macquarie, Citi, Bernstein, HSBC, and Jefferies make of stocks such as Larsen and Toubro (L&T), Zomato, Delhivery, and Multi Commodity Exchange (MCX):
Share Market Today LIVE | Tata Communications, Netweb Tech, Rashi Peripherals: How Indian stocks are trading after NVIDIA pipped Apple to become world's second-most valuable company
AI-focused NVIDIA surpasses Apple to become the world's second most valuable company. The chipmaker giant hit a hits $3 trillion market cap and now stands behind the top ranker software giant Microsoft.
Among the top companies in the world by market value, Microsoft has $3.151 lakh crore m-cap, Nvidia has $3.011 lakh crore, while Apple has $3.003 lakh crore market value.
Share Market Today LIVE | Nifty Bank trades nearly 550 pts higher
Source: NSE
Share Market Today LIVE | Nifty crosses 22,850, Sensex up nearly 900 pts led by financial, oil & gas stocks
Traders' Diary | Buy, sell or hold strategy on ITC, BHEL, SAIL, NBCC, 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 Thursday, June 6, 2024. Check out the complete list of stocks on analysts Kushal Gupta and Ashish Chaturvedi's radar.
Here's the complete list of investment and trading ideas for the day:
Kushal Gupta
Cash Segment Stock Pick: Century Textiles
Buy Century Textiles shares in the cash segment for a target price of Rs 1,900 with a stop loss at Rs 1,820
Futures & Option (F&O) Picks: HAL, ITC
- Buy Hindustan Aeronautics Ltd (HAL) futures for a target of Rs 4,470 with a stop loss at Rs 4,310
- Buy the Rs 430 call option of ITC at Rs 11 for a target of Rs 21 with a stop loss at Rs 6. Read more
Share Market Today LIVE | Nifty above 22,850, Sensex up over 800 pts led by financial, oil & gas stocks
Share Market Today LIVE | RVNL shares zoom 8%—here's what's keeping investors keen
Rail Vikas Nigam Ltd (RVNL) shares zoom 8.4 per cent to the day's high of Rs 383 on NSE, after railway PSU received multiple orders worth more than Rs 500 crore. Read more
Stocks to buy: HDFC Bank, ITC, NTPC, TVS Motor, Torrent Pharma, among analysts' top picks
In conversation with Zee Business Managing Editor Anil Singhvi, market experts Kunal Saraogi, Rakesh Bansal, Vikas Sethi, and Sumeet Bagadia share their top stock recommendations in this special segment, Pick of the Day. Read more
Share Market Today LIVE | ITC stock gains ahead of shareholders' meet
ITC, a cigarette-to-hotel conglomerate shares gain 1.3 per cent to the day's high of Rs 436.3 on NSE as ITC's board is all set to seek its shareholders' approval for the proposed demerger of its hotels business in a meeting scheduled at 10:30 am today. Read more
Share Market Today LIVE | BHEL shares lock in 10% upper circuit on multiple order wins for PSU engineering firm
Bharat Heavy Electricals Ltd (BHEL) shares lock in an upper circuit on D-Street after the firm bagged multiple projects. The counter gains 9.99 per cent to hit an upper circuit at Rs 280.85 on NSE in opening deals. Read more
Currency | Rupee rises 3 paise to 83.41 against US dollar in early trade
Opening deals| Nifty near 22,800, Sensex up over 300 pts; NTPC, SBI, Power Grid among top blue-chip gainers
Anil Singhvi Market Strategy | Important levels to track in Nifty50, Nifty Bank today
Zee Business Managing Editor Anil Singhvi expects support for the headline Nifty50 index to emerge at 22,425-22,500 levels and a strong buy zone at 22,275-22,350 levels on Thursday, June 6. For the Nifty Bank, he expects support to come in at 48,575-48,775 levels and a stronger support zone at 48,325-48,500 levels.
Read more on how Anil Singhvi views the Indian share market today and what he recommends
ITC demerger | FMCG stock in focus ahead of shareholders' meet
ITC, a cigarette-to-hotel conglomerate shares will hog the limelight on Thursday, June 6 as ITC's board is all set to seek its shareholders' approval for the proposed demerger of its hotels business in a meeting scheduled at 10:30 am today. Read more
Image: Official website/ Representational image
Stocks to Watch | ITC, BHEL, RVNL, other stocks to track on Thursday
Here's a list of stocks that are likely to be in focus during Thursday's session, including ITC, BHEL and RVNL:
ITC in focus
ITC's board is all set to seek its shareholders' approval for the proposed demerger of its hotels business in a meeting scheduled at 10:30 am on Thursday.
2 smallcap stocks to trade ex-dividend
Clara Industries and Vuenow Infratech shares are scheduled to go ex-dividend on Thursday.
Big order win for PSU engineering firm
BHEL has bagged an order to the tune of Rs 3,500 crore from Mirzapur Thermal Energy (UP) for a 2x800 MW thermal power project. Read more
Kronox Lab Sciences IPO | How to check allotment status online on BSE, Kfin Tech
The initial public offering (IPO) of Kronox Lab Sciences—a manufacturer of high-purity speciality fine chemicals for diverse end-user industries— concluded with an overall subscription of 118 times on Wednesday, June 5. Kronox Lab Sciences IPO shares are set to be listed on bourses NSE, BSE tentatively on Monday, June 10, after the finalisation of the allotment of shares on Thursday, June 6.
Kronox Lab Sciences IPO allotment: Here's a step-by-step guide on how to check the allotment status
Those who participated in the Kronox Lab Sciences IPO can check the status of their application online in two ways: through the BSE website and through the website of the registrar. 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 — are up 28.6 points or 0.13 per cent at 22,671.5 ahead of the opening bell on Dalal Street.
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