Share Market Today HIGHLIGHTS: Sensex slips 280 pts, Nifty settles at 24,413.5

Written By: ZeeBiz WebTeam Updated on: July 24, 2024, 03.35 PM IST

Share Market Today HIGHLIGHTS: Domestic benchmark indices finished Wednesdays session lower a day after Finance Minister Nirmala Sitharaman presented the Union Budget. 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 Today HIGHLIGHTS: Domestic benchmark indices finished Wednesday's session lower a day after Finance Minister Nirmala Sitharaman presented the Union Budget. 

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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  • Closing bell | Sensex slips 280 pts, Nifty settles at 24,413.5

  • Share Market Today LIVE | Market in last 30 mins 

    >> Sensex is down over 350 points. 

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    >> Nifty is near 24,400. 

    >> Nifty Bank is down 1.05 per cent at 51,236.35.

  • Share Market Today LIVE | Buy eMudhra, says Vikas Sethi 

    Vikas Sethi of Sethi Finmart Pvt Ltd recommends buying shares of eMudhra for a target of Rs  930 with a stop loss of Rs 870.

  • Share Market Today LIVE | Buy Harsha Engineers, says Vikas Sethi 

    Vikas Sethi of Sethi Finmart Pvt Ltd recommends buying shares of Harsha Engineers for a target of Rs 560 with a stop loss of Rs 520.

  • Share Market Today LIVE | Rahul Malani, DVP of Sharekhan by BNP Paribas on Federal Bank Q1FY25 results

    "Federal bank reported earnings above estimates mainly led by higher other income. Core operational performance (ex other income) (+12 per cent y-o-y) is in line and healthy. The outcome on NIMs and credit cost remained broadly on expected lines. Asset quality also remained broadly stable. Bank managed to report RoA/RoE at 1.3 per cent/ 13.6 per cent in Q1FY25," says Rahul Malani, DVP, Fundamental Research, Sharekhan by BNP Paribas

  • Share Market Today LIVE | Welspun Living reports Q1 earning

    • Net profit is up 14.5 per cent at Rs 185.5  crore against Rs 162 crore (YoY)
    • Revenue is up 16 per cent at Rs 2,536.5  crore against Rs 2,184  crore (YoY)
    • EBITDA up 10 per cent at Rs 342  crore against Rs 311 crore (YoY)
    • Margin at 13.5 per cent against 14.2 per cent (YoY)
  • Share Market Today LIVE | Bank Nifty slumps 1500 points or 3% in 2 sessions; here’s what troubling banking pack

    Bank Nifty in a matter of two days has slumped 1,500 points and this is going into the Budget 2024 and then following it. The index-reflective of the banking sector's performance headed lower even as the Union Budget took to reducing the fiscal deficit target. Read more 

  • Share Market Today LIVE | Nifty Bank plunges over 750 pts

    The banking index or Nifty Bank is down 777 pts or 1.50 per cent at 51,000. Kotak Bank, Axis Bank, HDFC Bank, IndusInd Bank ICICI Bank, and SBI are top losers.

  • Share Market Today LIVE | Nifty falls over 150 pts from day's high

    The Nifty50 index fell 160 pts at 24,345 dragged by financial, fast-moving consumer goods (FMCG) sector stocks such as HDFC Bank, ICICI Bank, and Axis Bank. Meanwhile, Tata Motors, ONGC, Coal India, Sun Pharma are top gainers.

  • Share Market Today LIVE | Sensex sinks over 500 pts

    The 30-share index is down 536 pts or 0.67 per cent at 79,892.

  • Share Market Today LIVE | Post budget the stock market will now shift its focus on Q1FY25 earnings and global cues, says Rupen Rajguru of Julius Baer India

    "The stock market will now shift its focus on Q1FY25 earnings and global cues. The earnings season so far has been in line, with some green shoots visible in the IT and consumption sector, although some sectors such as Financials are seeing some strain," says Rupen Rajguru, Head Equity Investments and Strategy, Julius Baer India.

  • Share Market Today LIVE | Market at noon

    >> Sensex is down over 600 points. 

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    >> Nifty is below 24,350. 

    >> Nifty Bank is down 1.73 per cent at 50,884.6.

  • Share Market Today LIVE | Brokerages raise targets on this Coforge 

    Shares of IT solutions company Coforge are in focus after the company reported its financial results for the first quarter of the financial year 2024-25. Read more

  • Share Market Today LIVE | Aquaculture stocks Apex Frozen, Avanti Feeds extend the previous day’s gains

    Aquaculture stocks including Apex Frozen, Avanti Feeds, and other stocks from the pack are buzzing and have scaled new 52-week highs on Budget 2024 boost. Read more 

  • Share Market Today LIVE | NTPC in focus after Budget JV announcement

    Shares of NTPC, one of India's leading power generation companies, are in focus after Finance Minister Nirmala Sitharaman announced its joint venture with BHEL. Read more 

  • Share Market Today LIVE | Titan, Muthoot Finance and Kalyan Jewellers shares rise 

    Shares of Titan, Muthoot Finance, and Kalyan Jewellers gained after FM reduced custom duty on gold and silver.

  • Share Market Today LIVE | Buy The Anup Engineering stock: Vikas Sethi

    Vikas Sethi of Sethi Finmart recommends buying The Anup Engineering shares at Rs 1,795 for a target of Rs 1,870 with a stop loss at Rs 1,775.

  • Share Market Today LIVE | Titan, Trent, United Spirits, Oberoi Realty, Mphasis among analysts' top picks

    In conversation with Zee Business Managing Editor Anil Singhvi, market experts Rakesh Bansal, Kunal Saraogi, Sandeep Jain, Mehul Kothari, Sudeep Shah, Vishvesh Chauhan, Jay Thakkar, and Vikas Sethi share their top stock recommendations in this special segment, Budget Stock Exchange. Read more 

  • Share Market Today LIVE | Bajaj Finance fell nearly 3% as Q1 result misses estimates; brokerages reduced target sharply

    Bajaj Finance share price: Bajaj Finance shares fell over 2.5 per cent to the day's low price of Rs 6,560 after the company's Q1 missed estimates. Read more

  • Share Market Today LIVE | Market guru Anil Singhvi decodes Budget 2024 for Dalal Street investors; here is what he recommends

    With the unveiling of the Narendra Modi 3.0 government's first Budget now behind, Zee Business Managing Editor Anil Singhvi has shared his views on the possible implications of the key announcements for market participants on Dalal Street. Read more 

  • Stock To Buy After Budget 2024 | Vishvesh Chauhan recommends Roto Pumps stock; check out target

    Vishvesh Chauhan of Chase Alpha Investment Advisors recommends buying Roto Pumps shares at Rs 650 for a target of Rs 725 with a stop loss at Rs 645.

  • Commodities update | Precious metal rise; yellow metal near Rs 69,000, white metal above Rs 85,300

    Domestic precious metal futures on Wednesday edged higher a day after Indian Finance Minister Nirmala Sitharaman announced a reduction in basic customs duty on yellow and white metal. Read more

  • Share Market Today LIVE | Sensex falls over 200 pts; HUL, Bajaj Finance, Nestle are top losers

  • Stock To Buy After Budget 2024: Sudeep Shah recommends buying IHCL stock; check out target

    Sudeep Shah of SBI Securities recommends buying Indian Hotels Company Ltd (IHCL) shares for a target of Rs 655 with a stop loss at Rs 628.

  • Share Market Today LIVE | Sensex bounces back over 150 pts from day's low

     

  • Opening Bell | Sensex down over 100 pts, Nifty below 24,450

    Domestic equity benchmarks, Sensex and Nifty opened in a negative zone. Sensex falls 127 pts at 80,301, while the 50-share index is below 24,450 dragged by financial, energy sector stocks such as HDFC Bank, Reliance, Bajaj Finance, and HUL. Meanwhile, ITC, Bharti Airtel, Titan, and Tata Motors are top gainers.

  • Anil Singhvi Market Strategy July 24 | 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 24,250-24,365 levels and a strong buy zone at 24,075-24,200 levels on Wednesday, July 24, a day after the finance minister unveiled the Narendra Modi government's first Budget after returning to power for a third straight term.  Read more 

  • Share Market Today LIVE | Pidilite shares set to trade ex-dividend today; Fevicol maker scheduled to report results on August 7

    Pidilite Industries shares are scheduled to trade ex-dividend on Wednesday, July 24. Read more

  • Share Market Today LIVE | 'Buy' Titan and Thyrocare, says Vikas Sethi 

    Vikas Sethi of Sethi Finmart Pvt Ltd recommends buying shares of Titan for a target price of Rs 3,520 keeping the stop loss at Rs 3,445. He suggests buying Thyrocare shares for a target of Rs 675 keeping the stop loss at Rs 635. 

  • Share Market Today LIVE | The higher tax on F&O trading is intended to discourage the excessive speculation in this segment, says Dr. V K Vijayakumar of Geojit Financial Services

    "Now that the steep increase in STCGs tax and the marginal increase in LTCGs tax on equity is a reality, investors should focus on investing in stocks that can deliver superior returns. In the present context, FMCG stocks look attractive from the valuation perspective. Watch out for stocks like ITC and United Spirits. It is important to understand that the Budget strengthens the India Growth Story with a focus on growth with financial stability. The fiscal consolidation being attempted through the Budget is a big positive that should not be missed amidst the concerns of an increase in capital gains tax. Another important factor is that the removal of indexation benefits on gold and real estate will make equity a superior asset class, relatively," says Dr. V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services.

    He adds the higher tax on F&O trading is intended to discourage the excessive speculation in this segment and, therefore, is a welcome move.

  • Share Market Today LIVE | ITC to benefit from no changes in tobacco taxes, says Jefferies; check out what brokerages recommend

    Global brokerages have turned bullish on cigarette-to-hotel conglomerate ITC. Here is why Read more 

  • Traders' Diary | Buy, sell or hold strategy on Infosys, HUL, ONGC, DMart, Tata Consumer Products, ICICI Prudential, 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 today. Check out the complete list of stocks on analysts Kushal Gupta and Ashish Chaturvedi's radar. Read more 

  • Stocks to Watch | Infosys, SBI Life, Bajaj Finance, HUL, ITC, Federal Bank, Torrent Pharma, other stocks to track today  

    Here's a list of stocks that are likely to be in focus today, a day after domestic equity benchmarks recovered much of their intraday losses in a volatile session as Finance Minister Nirmala Sitharaman made history by unveiling her seventh Budget in Parliament. Read more 

  • Share Market Today LIVE | GIFT Nifty futures indicate a negative start ahead on Dalal Street

    GIFT Nifty futures — an early indicator of the Nifty50 index — are down 63 pts or 0.26 per cent at 24,400 ahead of the opening bell on Dalal Street.

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