Share Market HIGHLIGHTS: Nifty reclaims 18,800, Sensex bounces back 526 pts from days low led by IT, financial stocks
Share Market HIGHLIGHTS: The bulls made an impressive comeback on Dalal Street on Tuesday after opening in the red. Catch minute-by-minute updates of all the action in the Indian share market today, market commentary and analysis, the views of Zee Business Managing Editor Anil Singhvi and other experts, stocks to buy and trade recommendations only on Zeebiz.coms blog.
Share Market HIGHLIGHTS: The bulls made an impressive comeback on Dalal Street on Tuesday after opening in the red. At close, the S&P BSE Sensex ended at 63,327.70, up 159 points, or 0.25 per cent while the NSE's Nifty closed the session at 18,816.70, up 61 points, or 0.33 per cent. Tata Motors emerged as the top gainer on the Sensex with over 3 per cent gains. The stock hit a 7-year high level of Rs 584 during the session. It eventually ended at Rs 583.30, up over 3 per cent.
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Share Market HIGHLIGHTS | Nifty reclaims 18,800, Sensex bounces back 526 pts from day's low
Nifty 50
NSE' Nifty on Tuesday finished at Rs 18,816.7, reclaiming the 18,800 mark, up by 0.33 per cent.
Source: NSESensex
S&P BSE Sensex finished at 63,327.70, up by 0.25 per cent.
Source: BSE
Share Market HIGHLIGHTS | Tata Motors, HCL Tech, HDFC Life rise most in 50-scrip blue-chip basket
Tata Motors, HCL Tech, HDFC Life and Power Grid are among the top gainers in the Nifty basket, trading with gains of around 3-2 per cent. On the other hand, Bajaj Finance, Bajaj Finserv, Sun Pharma and BPCL are among the top losers, down nearly 2-1 per cent.
Source: NSE
Share Market Today LIVE | Timken India falls over 11% after promoter proposes to sell Rs 1,890 crore worth of shares
Shares of Timken India trades at Rs 3,248.05, down by 6.81 per cent on NSE. The bearings and power transmission products maker, plunged as much as 11 per cent in the morning deals to touch the day’s low of Rs 3,100.3 a share on the BSE. The stock slipped after promoters of Timken Singapore Pte Ltd, the parent company of Timken India, proposed to sell 0.63 crore shares of the company through a block deal. Read more
Share Market Today LIVE | IIFL Securities shares fall over 19% in morning trade
Shares of IIFL Securities are at Rs 59.85, down by Rs 11.35 or 15.94 per cent on NSE. IIFL Securities shares tumbled over 19 per cent in Tuesday morning trade after Sebi barred the brokerage firm, earlier known as India Infoline Ltd, from onboarding new clients for two years for misutilisation of clients' funds. After a weak beginning, the stock tanked 18.48 per cent to Rs 58 on the BSE. Read more
Nifty Today LIVE | HCL Tech, Tata Motors, Power Grid among top movers
HCL Tech, Tata Motors, Power Grid and Infosys are the top movers in Nifty baskets at this hour. On the contrary, Bajaj Finance, RIL, ITC and ICICI Bank are among the top draggers.
Here's a look at the heatmap in the 50-scrip universe by weight:
Source: NSE
Share Market Today LIVE | Sun Pharma gets clearance for acne control cream from Canadian regulator; shares decline
Sun Pharma shares received approval of Health Canada — the country’s health regulator — for its WINLEVI cream, used in treating certain skin diseases. Sun Pharma shares began the day in the green but slipped into triple digits within the first few minutes of trade amid overall weakness in the market, declining by as much as Rs 11.3 or 1.1 per cent to Rs 990 apiece on BSE. Read more
Share Market Today LIVE | IGL, HDFC Life, Escorts Kubota, and L&T among analysts' top picks
In conversation with Zee Business Managing Editor Anil Singhvi, market experts Himanshu Gupta, Kunal Saraogi, Sumeet Bagadia and Avinash Gorakshakar share their top recommendations for the day in this special segment, Pick of the Day.
On the top analysts' 'buy' and 'sell' list are stocks such as IGL, HDFC Life, Escorts Kubota, L&T and Imagicaaworld Entertainment. Read more
Share Market Today LIVE |IndiGo shares rise after airline orders 500 Airbus A320 aircraft in mega deal
Shares of Interglobe Aviation — which owns and operates airline IndiGo — are up nearly a per cent, trading at Rs 2,450.2 on NSE. The stock gained on Tuesday after the company announced placed an order to buy 500 narrow-body planes from Airbus as it embarks on an ambitious long-term growth path, marking one of the largest-ever aircraft purchases by an airline. The stock rose as much as over 2 per cent to Rs 2,490 apiece on NSE after the news. Read more
Share Market Today LIVE | HDFC AMC shares zoom — here's what's driving the stock
HDFC Asset Management Company (AMC) shares soar on Tuesday after its promoter, Abrdn Investment Management (formerly Standard Life Investments), lined up its entire 10.2 per cent holding in the Indian company in a block deal. HDFC AMC shares — trades on the bourses with the symbol HDFCAMC — rise by Rs 168.9 or 8.9 per cent to Rs 2,060 apiece on BSE, coming within Rs 254 of a 52-week high touched in December 2022. Read more
Share Market Today LIVE | Sensex dips 150 pts; Nifty near 18,700
Nifty 50
NSE's Nifty near trades near 18,700, down by 0.29 per cent in early morning deals.
Source: NSESensex
S&P BSE SENSEX trades at 62,963.76, down by 0.32 per cent in early morning deals.
Source: BSE
Share Market Today LIVE | HMA Agro Industries' IPO opens today: Key things to know
Food trade company HMA Agro Industries' initial public offering (IPO) will open for subscription today. The subscription window will be open for three days, until June 23. The company proposes to use the net proceeds of the fresh issue for funding working capital requirements and other general corporate purposes.
HMA Agro Industries IPO: Price band
The company has fixed the price band in the range of Rs 555 and Rs 585 apiece and aims to raise Rs 480 crore from this public offer. The initial share sale consists of a fresh issue size of 25.64 lakh equity shares with a face value of Rs 10 each, aggregating to Rs 150 crore, and an offer for sale (OFS) component of 56.41 lakh equity shares worth Rs 330 crore. Read more
Share Market Today LIVE | Coforge, IndiGo, Sun Pharma, HDFC, HDFC AMC, Can Fin Homes, and IIFL Securities among top stocks to track today
The domestic equity market is expected to see a negative start to trading on Tuesday, June 20. At 8:27 am, the Nifty futures on the Singapore Exchange (SGX) traded 63.5 points, or 0.34 per cent lower at 18,811.0.
Let's take a look at the top stocks that are expected to remain in focus today.
IndiGo, Air India: IndiGo and Air India have together placed orders for a total of 970 planes in less than five months this year, a reflection of the two airlines’ ambitious expansion plans and the growth potential of the Indian aviation market. IndiGo announced placing a firm order for 500 narrow-body planes with Airbus.
IIFL Securities: Capital markets regulator Sebi on Monday barred brokerage house IIFL Securities, earlier known as India Infoline Ltd, from onboarding new clients for two years for misutilisation of client funds. The order came after the Securities and Exchange Board of India (Sebi) conducted multiple inspections of the books of account of IIFL for the period April 2011 to January 2017. Read more
Share Market Today LIVE | SGX Nifty futures point to lower start on D-Street: 10 things to know before opening bell
Indian shares are set to start lower on Tuesday, June 20, 2023, tracking negative moves across major markets around the globe. SGX Nifty futures, an early indicator of sentiment on the broader NSE index, suggests a lower start on Dalal Street. Indian indices closed weaker on Monday amid profit-booking, while Asian markets fared negative in early trade.
Here are the top 10 things you should know before the opening bell today:
Asian shares: Asian shares began the day on a weaker note in the absence of cues from Wall Street, with MSCI's broadest index of Asia Pacific shares outside Japan quoting 0.7 per cent lower at the last count.
Gold prices: Spot gold held its ground at $1,950.89 per ounce by 0027 GMT after dipping in holiday-thinned trade on Monday. U.S. gold futures were down 0.4 per cent at $1,962.60. Read more
Share Market Today LIVE | SGX Nifty futures indicate a weaker start ahead on Dalal Street
Singapore Exchange (SGX) Nifty futures — an early indicator of the Nifty 50 index — were trading at 18,820, down by 54.5 points or 0.29 per cent at the last count ahead of the opening bell on Dalal Street.
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