Share Market HIGHLIGHTS: Fresh record closing highs on D-Street; Nifty leaps to 23,466, Sensex up 182 pts at 76,993
Share Market HIGHLIGHTS: Domestic equity benchmarks Nifty 50 and Sensex registered fresh closing highs led by financial, auto and energy shares on Friday. Catch highlights of the June 14 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 registered fresh record closing highs on Friday led by financial, auto and energy shares, though selling pressure in IT stocks limited the upside.
Catch highlights of the June 14 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
That's all today!
Forex Market Update: Rupee ends little changed at 83.56 vs dollar
The rupee settles at a provisional 83.56 against the US dollar as against its pervious close of 83.55.
Share Market Today: Fresh record closing highs on D-Street; Sensex up 182 pts at 76,993, Nifty leaps to 23,466
- Sensex ends 181.9 pts, or 0.2 per cent, higher at record 76,992.8
- Nifty gains 66.7 pts, or 0.3 per cent, to settle at 23,465.6
- Nifty Bank leaps 155.3 pts, or 0.3 per cent, at 50,002
- Nifty Midcap 100 up 1.1 per cent
- Nifty Smallcap 100 up 0.8 per cent
Share Market Today LIVE: Mahindra & Mahindra (M&M) stock hits all-time high
M&M shares jump by as much as Rs 81, or 2.8 per cent, to Rs 2,945 apiece on BSE, surpassing an earlier peak of Rs 2,945 registered this week.
Share Market Today LIVE | Nifty scales fresh peak of 23,490, Sensex up over 250 points led by financial, auto stocks
Share Market Today LIVE: Buy GMDC stock, says Vikas Sethi
Vikas Sethi of Sethi Finmart recommends buying Gujarat Mineral Development Corporation (GMDC) shares at Rs 393 for a short-term target of Rs 415 with a stop loss at Rs 387.
Share Market Today LIVE: Buy Delhivery stock, says Vikas Sethi
Vikas Sethi of Sethi Finmart recommends buying Delhivery shares at Rs 405 for a short-term target of Rs 430 with a stop loss at Rs 400.
Share Market Today LIVE: Buy ION Exchange stock, says Vikas Sethi
Vikas Sethi of Sethi Finmart recommends buying Ion Exchange India shares at Rs 524 for a short-term target of Rs 570 with a stop loss at Rs 515.
Share Market Today LIVE: Important support for Nifty50 at 23,300-23,250, says Sudeep Shah
Sudeep Shah of SBI Securities believes Nifty50 levels of 23,650-23,700 are possible over the next 1-2 weeks.
He has an overall positive view on the market at the current juncture.
One can expect some consolidation in the market in the coming days, he adds.
Share Market Today LIVE: Tata Motors slips despite rating agencies maintaining or raising automaker and JLR's long-term rating
Tata Motors slipped nearly one per cent on BSE on Friday (June 14, 2024) despite leading rating agencies such as CRISIL Ratings, ICRA Ratings, and S&P Global Ratings either maintaining or raising the large-cap automaker's long-term ratings.
The stock that closed at Rs 985.75 in the previous session slipped by 0.97 per cent to Friday's low of Rs 981.40.
Share Market Today LIVE | 125% Return in 1 Year: Why this multibagger mining PSU stock is rising today; should you invest in it?
National Aluminium Co Ltd (NALCO) jumped by over 4.60 per cent on BSE on Friday (June 14, 2024) after the mining PSU signed a lease agreement with Odisha Government for 698 hectares of Pottangi bauxite mining.
NALCO shares that closed trading at Rs 186.50 each on Thursday rose by 4.81 per cent on Friday to rise to the day's high of Rs 195.10 apiece.
FM Nirmala Sitharaman to present on July 22, says sources
Zee Business sources say that Finance Minister Nirmala Sitharaman will present the full budget for FY 25 on July 22. Read more
Share Market Today LIVE | Nifty near 23,450, Sensex up nearly 100 pts led by financial stocks
Share Market Today LIVE | Nifty Bank trades nearly 200 pts higher
Source: NSE
Nifty Today LIVE | HDFC Bank, RIL, M&M among top movers
HDFC Bank, RIL, M&M, and Adani Ports are the top movers in the Nifty baskets at this hour. On the contrary, TCS, Infosys, HCLTech, and L&T are among the top drags.
Here's a look at the heatmap in the 50-scrip universe by weight:
Source: NSE
Share Market Today LIVE | Should you buy HAL, VIL, Prestige Estates, Laurus Labs, other stocks today? Here is what brokerages recommend
Here's what CLSA, JPMorgan, Jefferies, Citi, Nomura make of stocks such as Laurus Labs (LAURUSLABS), Vodafone Idea Ltd (VIL), Hindustan Aeronautics Ltd (HAL), and Prestige Estates (PRESTIGE):
Should you buy Prestige Estates shares?
CLSA has maintained a 'buy' call on Prestige Estates shares with a target of Rs 2,320.
Should you buy Vodafone Idea shares?
JPMorgan has maintained an 'underweight' rating on Vodafone Idea Ltd (VIL) shares with a target of Rs 7. Read more
Share Market Today LIVE | Vodafone Idea stock rises—Here's why | Should you buy, sell or hold VIL shares?
Vodafone Idea Ltd (VIL) shares gain 1.9 per cent to the day's high of Rs 16.38 on NSE, a day after the telecom operator decided to offer a Rs 2,458-crore stake to its key long-term vendors Nokia Solutions and Networks India, and Ericsson India to partially clear certain outstanding dues. VIL
The board of Vodafone Idea has cleared allotment of shares on a preferential basis at about 35 per cent higher price compared to the follow-on offer price of the company and comes with a lock-in of 6 months. Read more
Stocks to Buy | L&T, HCL Tech, Wipro, Bharat Forge among analysts' top picks
In conversation with Zee Business Managing Editor Anil Singhvi, market experts Sacchitanand Uttekar, Kunal Saraogi, Rajesh Palviya, Rakesh Bansal, and Sumeet Bagadia share their top stock recommendations in this special segment, Pick of the Day. Read more
Currency Update | Rupee opens on flat note at 83.54 against US dollar in early trade
Opening Bell | Nifty above 23,450, Sensex up over 100 pts; HUL, Hindalco among top blue-chip gainers
Dividend Stocks | BSE, Bajaj Auto, LTTS, HUL, Torrent Power, other stocks to trade ex-date today
Shares of several companies, including Bajaj Auto, L&T Technology Services, Hindustan Unilever, Torrent Power, and others traded ex-date today, June 14, as per data available on NSE.
Bajaj Auto dividend record date
Bajaj Auto has announced a dividend of Rs 80 per equity share and a record date of June 14.
Bikaji Foods dividend record date
Bikaji Foods International has announced a dividend of Re 1 per equity share and a record date of June 14.
Canara Bank dividend record date
Canara Bank has announced a dividend of Rs 3.2 per equity share and a record date of June 14. Read more
Traders' Diary | Buy, sell or hold strategy on Titan, Vedanta, Vodafone Idea, NMDC, Exide, 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, June 14, 2024. Check out the complete list of stocks on analysts Kushal Gupta and Nupur Jainkunia's radar.
Here's the complete list of investment and trading ideas for the day:
Kushal Gupta
Cash Segment Stock: NESCO
Buy NESCO shares in the cash segment for a target price of Rs 1,010 with a stop loss at Rs 970
Futures & Option (F&O) Picks: NMDC, HPCL
- Sell NMDC futures for a target of Rs 260 with a stop loss at Rs 270
- Buy the Rs 530 cal option of HPCL at Rs 30 for a target of Rs 30 with a stop loss at Rs 11
Technical Stock: Vedanta
Sell Vedanta futures for a target price of Rs 430 with a stop loss at Rs 446. Read more
Stocks to Watch | Tata Motors, Vodafone Idea, Bajaj Auto, LTTS, HUL, other stocks to track on Friday
Tata Motors
The rating agencies have increased the credit rating of the auto major. CRISIL has upgraded the company's long term rating from AA/Positive to AA+/Stable. Similarly, S&P Global Ratings has upgraded the long-term rating of Tata Motors and TML Holdings from BB+/Positive to BB+/Watch Positive.
Bajaj Auto stock to trade ex-dividend
Bajaj Auto shares are scheduled to trade ex-dividend on Friday, June 14.
Puravankara gets in-principle nod to raise up to Rs 1,000 crore
Puravankara has received in-principle approval to raise up to Rs 1,000 crore through a QIP issue in one or more phases. 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 21,25 points or 0.09 per cent at 23,420 ahead of the opening bell on Dalal Street.
Good morning! Welcome to Zeebiz.com's blog on the stock market today
Follow this space to catch minute-by-minute market action, the views of Zee Business Managing Editor Anil Singhvi and other experts, investment ideas, stock picks, brokerage calls and much more through the day.
Happy trading, and happy investing!
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.