Share Market Today HIGHLIGHTS: Sensex finishes up 545.35 pts, Nifty settles at 24,286.5 led by financial and FMCG
Share Market Today HIGHLIGHTS: Domestic benchmark indices finished Wednesday's session higher amid buying in financial and FMCG. During the day, Sensex crossed 80,000 for the first time and the Nifty surpassed 24,250.
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.com's blog:
Share Market Today HIGHLIGHTS: Domestic benchmark indices finished Wednesday's session higher amid buying in financial and FMCG. During the day, Sensex crossed 80,000 for the first time and the Nifty surpassed 24,250.
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.com's blog:
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Share Market Today LIVE | MOFSL suggests buying this stock for 2-3 days for up to 7% gains, check target price
On Wednesday, July 3, equity benchmark indexes began trading on a positive note, with the Sensex crossing the historic 80,000 mark for the first time and the Nifty establishing a new lifetime high, owing to significant buying in bank stocks and firm global market trends.
Share Market Today LIVE | This railway PSU stock to watch today as company gets Rs 132 crore order
Railway PSU company Rail Vikas Nigam Ltd (RVNL) received an order worth Rs 132 crore after the market closed, according to a stock market disclosure.
RVNL has been declared the lowest bidder (L1) for the Central Railway Project.
Share Market Today LIVE | IPO note on Bansal Wire Industries Ltd from Master Capital Service Ltd
>> The company is looking to raise funds to pay off its debt in its own company as well as infuse funds into its subsidiary for the same purpose, and the balance funds will be used to fund the working capital for growth.
>> The company will become virtually debt-free post this transaction and they are currently operating at 80 per cent utilisation on most of its facilities, indicating they have some room to grow.
>> The IPO is valued fairly as compared to its listed peers in India. Master Capital Service recommends subscribing to this IPO for listing gains.
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Remedium Lifecare's board will meet on July 8 to evaluate and approve the proposal to raise funds of up to Rs 200 crore. Read more
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Share Market Today LIVE | IPO note on Emcure Pharmaceuticals from Master Capital Service Ltd
>> The company is looking to utilise the fresh proceeds to pare down its long-term debt and bring it to zero.
>> The company has gone from strength to strength.
>> Historically with a focus on major therapeutic areas such as gynecology it is looking to double down on its strengths to fuel its future growth and expand its margins.
>> The IPO is fairly valued relative to its listed peers, and we recommend subscribing to the IPO keeping a long-term view.
Share Market Today LIVE | After Sensex hits 80,000 Arvinder Singh Nanda of Master Capital Services suggests to be cautious at current levels
"BSE Sensex today touched the 80,000 mark for the first time, setting a new all-time high. India’s GDP growth, credit expansion, and policy continuity have instilled confidence among investors, In addition to this Positive cues from global markets have helped the Sensex to reach these levels. While the long-term outlook remains positive, it is prudent to be cautious at current levels," says Arvinder Singh Nanda, Senior Vice President of Master Capital Services.
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