Share Market HIGHLIGHTS: Sensex soars 1,619 pts to end at 76,693, Nifty50 at 23,290 as broad-based rally takes D-Street to record peaks
Share Market HIGHLIGHTS: Domestic equity benchmarks Nifty 50 and Sensex registered record closing highs on Friday, continuing to rise for the third session in a row powered by broad-based gains. Catch highlights of the June 7 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.coms blog.
Share Market HIGHLIGHTS: Domestic equity benchmarks Nifty 50 and Sensex scaled record closing highs on Friday, rising for a third straight session, driven by broad-based gains led by financial, IT, energy and auto stocks.
Click highlights of the June MPC review
Catch highlights of the June 7 session on Dalal Street, market commentary and analysis, the views of Zee Business Managing Editor Anil Singhvi and other experts, stock recommendations, and much mroe only on Zeebiz.com's blog:
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Currency Market Update: Rupee ends at 83.38 vs dollar
The rupee appreciates by 15 paise, or 0.2 per cent, to settle at a provisional 83.38 against the greenback.
Share Market Today: Sensex soars 1,619 pts to end at record 76,693, Nifty50 leaps to record 23,290
- Nifty Bank 511.3 49,803.20 1.04
- M&M, Wipro top blue-chip Nifty gainers, jump 5%
- Tech Mahindra, Infosys, Tata Steel up 4%
- SBI Life, Tata Consumer only Nifty losers
- Nifty Midcap 100 up 1.5%
- Nifty Smallcap 100 up 2.3%
Share Market Today LIVE: Share Market Today LIVE: IIFL Finance, Garware Technical Fibres, IRB Infra Developers, Prince Pipes and Fittings, Tejas Networks rise most among 440-odd gainers in BSE 500 universe; JBM Auto, Finolex Cables, Schaeffler India top losers
Image: BSEIndia.com
Share Market Today LIVE: 2 Sensex stocks hit 5-week highs; can you guess which?
52-week high
Stock CMP 52-week high Previous 52-week high M&M 2,786.55 2,794.95 2,765.50 (06 Jun 2024) TATASTEEL 178.8 179.3 178.00 (27 May 2024) Share Market Today LIVE: Infosys, Reliance, HDFC Bank, Mahindra & Mahindra, ICICI Bank aid Sensex rally
Here's the list of some of the prominent contributors to the surge in the 30-scrip index:
Image: BSEIndia.com
Share Market Today LIVE: Sensex zooms 1,500 pts, Nifty touches 23,250 amid broad-based gains; Nifty Bank jumps 600 pts
Both headline indices surge around two per cent led by strong buying in financial, IT, energy and auto shares.
The Sensex zooms as much as 1,516.5 points to touch 76,591 on the upside while the Nifty50 climbs to as high as 23,250, up 428.6 points from its previous close.
Nifty Today LIVE | Infy, RIL, HDFC Bank, ICICI Bank, Bajaj Finance among top drags in 50-scrip gauge
Here's a look at the heatmap in the 50-scrip universe by weight:
Source: NSE
Share Market Today LIVE | Nifty crosses 23,200, Sensex up nearly 1,400 pts after RBI MPC meet
Share Market Today LIVE | Here's how interest rate-sensitive stocks fare after RBI MPC meeting announcements
Consumer durables
NIFTY BANK 304.1 0.62 BANDHANBNK 4.9 2.56 FEDERALBNK 2 1.22 ICICIBANK 9.35 0.84 AUBANK 5 0.76 IDFCFIRSTB 0.55 0.71 AXISBANK 8 0.68 BANKBARODA 1.8 0.67 HDFCBANK 10.4 0.67 PNB 0.75 0.61 SBIN 3.1 0.38 KOTAKBANK 1.2 0.07 INDUSINDBK -0.95 -0.06 Financial services
SYMBOL CHNG %CHNG NIFTY FINANCIAL SERVICES 153.7 0.7 BAJFINANCE 222.2 3.21 SBICARD 17.95 2.55 BAJAJFINSV 26.7 1.75 IDFC 1.35 1.18 AXISBANK 10.95 0.94 CHOLAFIN 12.25 0.92 ICICIPRULI 4.8 0.85 ICICIGI 12.5 0.76 LICHSGFIN 4.95 0.76 ICICIBANK 8.15 0.73 MUTHOOTFIN 12.75 0.73 HDFCLIFE 3.55 0.64 HDFCBANK 9.6 0.62 HDFCAMC 21.5 0.57 SHRIRAMFIN 13.7 0.55 SBIN 3.3 0.4 KOTAKBANK 1 0.06 PFC -3.35 -0.71 SBILIFE -14.45 -1 RECLTD -7.75 -1.58 Auto
SYMBOL CHNG %CHNG NIFTY AUTO 154.35 0.63 APOLLOTYRE 11.9 2.53 BALKRISIND 71.5 2.3 MOTHERSON 2.6 1.71 BHARATFORG 20.75 1.33 ASHOKLEY 2.8 1.24 TATAMOTORS 10.3 1.1 TATAMTRDVR 6.8 1.09 HEROMOTOCO 50.05 0.9 MRF 1,087.90 0.86 M&M 23.05 0.85 TVSMOTOR 16.8 0.7 EICHERMOT 15.25 0.32 BOSCHLTD 1.3 0 MARUTI -37.8 -0.3 BAJAJ-AUTO -42.8 -0.44 EXIDEIND -4.05 -0.77 Real estate
SYMBOL CHNG %CHNG NIFTY REALTY 12.3 1.17 SUNTECK 38.55 8.29 SOBHA 151.2 7.75 BRIGADE 60.85 4.62 LODHA 32.8 2.36 MAHLIFE 12.95 2.24 GODREJPROP 19.6 0.7 DLF 4.25 0.51 OBEROIRLTY 0.8 0.04 PHOENIXLTD -9.05 -0.28 PRESTIGE -13.8 -0.78 Share Market Today LIVE | Nifty Bank gains over 300 pts after RBI MPC meet
Here's how interest-rate-sensitive bank stocks fare after RBI MPC meeting announcements
SYMBOL CHNG %CHNG NIFTY BANK 304.1 0.62 BANDHANBNK 4.9 2.56 FEDERALBNK 2 1.22 ICICIBANK 9.35 0.84 AUBANK 5 0.76 IDFCFIRSTB 0.55 0.71 AXISBANK 8 0.68 BANKBARODA 1.8 0.67 HDFCBANK 10.4 0.67 PNB 0.75 0.61 SBIN 3.1 0.38 KOTAKBANK 1.2 0.07 INDUSINDBK -0.95 -0.06 Source: NSE
Share Market Today LIVE | Nifty crosses 23,000, Sensex up nearly 800 pts after RBI MPC meet
RBI MPC June 2024 Review | RBI leaves repo rate unchanged
The MPC votes 4:2 to maintain the key lending rate at the existing 6.5 per cent.
Share Market Today LIVE | Nifty crosses 23,000, Sensex up over 550 pts after RBI revises FY25 GDP growth projection to 7.2% from 7%
Share Market Today LIVE | Here's how interest rate-sensitive stocks fare before RBI MPC meeting announcements
Consumer durables
SYMBOL CHNG %CHNG NIFTY CONSUMER DURABLES 274.85 0.77 KAJARIACER 43.3 3.58 BLUESTARCO 41.8 2.74 WHIRLPOOL 34.5 2.24 DIXON 216.5 2.22 CENTURYPLY 13.1 1.95 RAJESHEXPO 3.25 1.2 KALYANKJIL 4.6 1.15 TITAN 36.05 1.09 AMBER 34.85 0.94 CERA 33.1 0.46 BATAINDIA 5.85 0.4 VOLTAS -4.55 -0.31 HAVELLS -11.25 -0.61 CROMPTON -4.05 -1.01 VGUARD -4.35 -1.1 Nifty Bank
SYMBOL CHNG %CHNG NIFTY BANK 64.7 0.13 BANDHANBNK 1.85 0.97 AUBANK 6.15 0.93 FEDERALBNK 1.35 0.82 PNB 0.6 0.48 ICICIBANK 3.6 0.32 IDFCFIRSTB 0.2 0.26 HDFCBANK 2.3 0.15 AXISBANK 1.7 0.15 SBIN -0.45 -0.06 BANKBARODA -0.35 -0.13 KOTAKBANK -6.35 -0.37 INDUSINDBK -9.25 -0.62 Financial services
SYMBOL CHNG %CHNG NIFTY FINANCIAL SERVICES 49.05 0.22 BAJFINANCE 120.65 1.74 SBICARD 9.85 1.4 BAJAJFINSV 14.6 0.96 ICICIPRULI 5.2 0.92 LICHSGFIN 4.9 0.75 IDFC 0.55 0.48 SHRIRAMFIN 11.55 0.47 ICICIBANK 4.7 0.42 ICICIGI 5.85 0.36 HDFCLIFE 1.9 0.34 AXISBANK 4 0.34 HDFCBANK 3.25 0.21 HDFCAMC 1.1 0.03 SBIN -0.6 -0.07 KOTAKBANK -4.5 -0.26 MUTHOOTFIN -7.25 -0.41 CHOLAFIN -5.75 -0.43 SBILIFE -18.35 -1.27 RECLTD -7.9 -1.61 PFC -7.75 -1.64 Auto
NIFTY AUTO 89.85 0.37 BALKRISIND 70.45 2.27 MOTHERSON 3.2 2.1 ASHOKLEY 2.95 1.31 HEROMOTOCO 48.35 0.87 TATAMTRDVR 5.3 0.85 TVSMOTOR 18.55 0.77 TATAMOTORS 6.3 0.67 APOLLOTYRE 2.75 0.58 BHARATFORG 6.8 0.44 MRF 514.35 0.41 BOSCHLTD 76.35 0.25 MARUTI 25.5 0.2 M&M 1.1 0.04 EXIDEIND -2.2 -0.42 EICHERMOT -21.95 -0.47 BAJAJ-AUTO -50.45 -0.52 Real estate
SYMBOL CHNG %CHNG NIFTY REALTY 12.8 1.22 SOBHA 152.7 7.83 LODHA 55.8 4.02 SUNTECK 13.05 2.8 BRIGADE 31 2.35 MAHLIFE 7.75 1.34 GODREJPROP 15.85 0.57 DLF 2.4 0.29 PHOENIXLTD 3.55 0.11 OBEROIRLTY -2.1 -0.11 PRESTIGE -12.05 -0.68 Share Market Today LIVE | Wipro shares surge up to 5% after bagging US$500 million deal; Morgan Stanley sees potential downside of 9%
Shares of IT services major Wipro zoom nearly 5 per cent to day's high price of Rs 483.85 on BSE after the company in an exchange filing informed that it received a contract amounting to US$500 million from the leading US communication service provider. As part of the contract, the company will offer managed services for some products and industry-specific solutions over five years.
Morgan Stanley maintained an underweight rating on the counter with a target price of Rs 421, signifying a potential downside of nearly 9 per cent. The brokerage believes that winning a mega-deal in an environment where discretionary spending remains weak should be construed positively. Nonetheless, despite this deal-win the brokerage said the near-term growth of the technology services and consulting company could lag peers and until the growth gap narrows, the P/E multiple gap could remain wide. Read more
Share Market Today LIVE: Sensex, Nifty at day's highs led by IT stocks ahead of RBI MPC Meet
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 22,700-22,800 levels and a strong buy zone at 22,525-22,675 levels on Friday, June 7, the day the RBI is scheduled to announce the outcome of its June review.
Read more on how Anil Singhvi views the Indian share market today and what he recommends
Share Market Today LIVE | Sensex drops nearly 100 pts, Nifty below 22,850 ahead of RBI MPC Meet
Currency Update | Rupee rises 7 paise to 83.46 against US dollar in early trade
Dividend Stocks | Indian Hotels, ICICI Lombard, Himadri Speciality Chemical, Indian Bank, IndiaMART InterMESH, other stocks to trade ex-date
Shares of several companies, including Indian Hotels, ICICI Lombard, JM Financial, IndiaMART InterMESH and others will trade ex-date today, June 7, as per data available on NSE.
ICICI Lombard 2024 dividend record date
ICICI Lombard General Insurance Company has announced a final dividend of Rs 6 per equity share and a record date of June 7.
Indian Hotels 2024 dividend record date
Indian Hotels Company has announced a dividend of Rs 1.75 per equity share and a record date of June 7.
IndiaMART InterMESH dividend record date 2024
IndiaMART InterMESH has announced a final dividend of Rs 20 per equity share and a record date of June 7. Read more
Stocks to Watch | Bajaj Finance, HUL, HUDCO, other stocks to track on Friday
Here's a list of stocks set to be in focus on June 7, the day the RBI is scheduled to announce the outcome of a bi-monthly review that began on Wednesday:
Bajaj Finance to be in focus
Bajaj Housing Finance's board has approved a proposal to float an initial public offer (IPO), which will comprise fresh issuance of shares worth Rs 4,000 crore.
Bajaj Housing Finance is a subsidiary of Pune-headquartered NBFC Bajaj Finance.
HUDCO extends partnership with IIFCL
HUDCO has signed a pact with IIFCL to collaborate for extending infrastructure co-financing and other services.
HUL appoints Arun Neelakantan as Executive Director-Customer Development
Hindustan Unilever Ltd (HUL) has announced the appointment of Arun Neelakantan as Executive Director-Customer Development. Neelakantan will take over from Kedar Lele, who will be pursuing an external opportunity, according to the company. The changes will take effect on July 1.
Tata group stock to go ex-dividend
Tata group company Indian Hotels' shares are scheduled to trade ex-diviend on Friday.
Indian Bank stock to trade ex-dividend
Indian Bank shares are slated to trade ex-dividend on Friday. Read more
RBI MPC Meet June 2024 LIVE Update: Can you expect Shaktikanta Das-led MPC to cut key rates today? Here is all you need to know
Can you expect a repo rate cut from the RBI Governor Shaktikanta Das-led MPC on June 7 following a bi-monthly review? The central bank's all-powerful Monetary Policy Committee - which decides and adjusts the key interest rate of the economy - is all set to reveal its decision on the repo rate as well as the policy stance in a press conference by Governor Das scheduled to start at 10 am on Friday. The June 5-7 MPC policy review comes days after official data showed India's GDP grew at a faster-than-expected rate of 7.8 per cent in the January-March quarter, aided by expansion in its key manufacturing sector. Read more on RBI MPC Meet June 2024
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 19 points or 0.08 per cent at 22,918.5 ahead of the opening bell on Dalal Street.
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