Share Market News July 3: M&M Financial Services, Bharti Airtel, Hindustan Zinc, L&T, HZL, other stocks to track on Wednesday
Share Market News July 3, 2024: Domestic equity benchmarks nifty50 and Sensex registered minor losses on Tuesday, through not far from record closing highs registered the previous day, amid weakness in financial stocks although gains in IT counters kept the downside in check.
Share Market News July 3, 2024; List of Stocks To Track: At around 8:06 am, GIFT Nifty futures traded higher by 0.53 per cent or 128.85 points at 24,332, indicating a positive opening on the D-Street.
Domestic equity benchmarks Sensex and Nifty50 finished a choppy session barely in the red on Tuesday, as selling pressure in financial stocks outweighed buying interest in IT names, retreating from record closing highs registered the previous day. All eyes will be on the next session on Dalal Street as investors await the onset of a new earnings season due next week.
Here's a list of stocks set to be in focus during July 3's trade:
Stocks in News | HDFC Bank shareholding update
HDFC Bank shares are set to be in focus on Wednesday after shareholding data for the June quarter showed DIIS raised their stake in the private sector lender by 188 bps sequentially to 35.48 per cent while FIIs trimmed their stake to 47.17 per cent from 47.83 per cent.
Share Split | Worth Investment & Trading Co stock to trade ex-split
Worth Investment & Trading Co shares are slated to trade ex-stock split on July 3.
Bonus Shares | GPT Infraprojects stock to trade ex-bonus
GPT Infraprojects shares are scheduled to trade ex-bonus in the ratio of 1:1 on Wednesday.
Stocks in News | Dalmia Bharat Sugar shares to trade ex-dividend
Dalmia Bharat Sugar and Industries shares are slated to trade ex-dividend on July 3.
Stocks in News | Jyothy Labs shares to trade ex-dividend
Jyothy Labs shares are scheduled to trade ex-dividend on Wednesday.
Stocks in News | Telecom shares set to remain in focus
Telecom stocks such as Bharti Airtel will continue to be in the spotlight on Dalal Street as the recent tariff hikes by operators are set to take effect on Wednesday.
Stocks in News | M&M Financial Services disbursement up 3% in June
Mahindra & Mahindra Financial Services has registered a 3.0 per cent increase in its overall disbursements in June. Its disbursements have grown 5.0 per cent in the June quarter to Rs 12,730 crore.
DMart Q1 standalone income up 18% in Q1
Avenue Supermarts has registered 18.4 per cent year-on-year growth in its standalone income to Rs 13,712 crore for the June quarter.
Shares in News | Hindustan Zinc in the spotlight
HZL has registered 2.0 per cent and 1.0 per cent growth in the production of mined metal and saleable metal in Q1.