Share Market Today HIGHLIGHTS | Sensex settles up 1,197 pts; Nifty ends at 22,967.65 led by financial, auto, oil & gas and IT
Share Market Today HIGHLIGHTS: Bulls took over Dalal Street as domestic equity benchmarks Nifty50 and Sensex made new record highs during Thursdays session. Nifty breaches the 22,900 level for the first time during the session and Sensex settles nearly 1,200 points. Catch all the updates of the session, 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 Today HIGHLIGHTS: Bulls took over Dalal Street as domestic equity benchmarks Nifty50 and Sensex made new record highs during Thursday's session. Nifty breaches the 22,900 level for the first time during the session and Sensex settles nearly 1,200 points. Experts suggest bullishness on the back of the expectation of political stability after the elections. Heavy buying was seen in financial, auto, oil & gas, and Information Technology (IT) stocks.
Catch all the updates of the session, market commentary and analysis, the views of Zee Business Managing Editor Anil Singhvi and other experts, stock recommendations, and much more only on Zeebiz.com's blog:
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Share Market Today LIVE | Sensex settles up nearly 1,200 pts; Nifty ends at 22,967.65 led by financial, auto, oil & gas, and IT
Share Market Today LIVE | ITC Dividend 2024: FMCG major recommends 750% final dividend
FMCG major ITC on Thursday announced its earnings for the fourth quarter of the financial year 2024. While announcing the results, the board of directors of the company also recommended a final dividend of Rs 7.5 of 750 per cent per equity share of the face value of Re 1 each. Know more here
Share Market Today LIVE | Buy Ultratech Cement futures says Sandeep Wagle
Sandeep Wagle of Power My Wealth recommends buying shares of UltraTech Cement futures for a target of Rs 10,500 apiece, with a stop loss of Rs 10,000 apiece.
Share Market Today LIVE | Sensex up 1000 pts, Nifty 22,900 in the last 30 minutes of trade
>> Sensex above 75,200
>> Nifty above 22,900
>> Nifty Bank gains over 1.8 per cent
Share Market Today LIVE | Buy J&K Bank stock, says Vikas Sethi
Vikas Sethi of Sethi Finmart recommends buying Jammu and Kashmir Bank shares for a short-term target of Rs 142 with a stop loss at Rs 127.
Share Market Today LIVE | Buy Cheviot stock, says Vikas Sethi
Vikas Sethi of Sethi Finmart recommends buying Cheviot Company shares for a short-term target of Rs 1,600 with a stop loss at Rs 1,490.
Share Market Today LIVE | United Spirits Q4 Results Preview: Net profit likely to grow 18%, margin may improve by 50 bps
Beverage alcohol company United Spirits Ltd (USL) is scheduled to report its financial results for the quarter as well as the year ended March 31 on Friday, May 24.
Analysts expect the Bengaluru-headquartered firm to stage a strong financial performance for the fourth and final quarter of FY24.
Share Market Today LIVE | Muthoot Finance Q4 earnings: Gold loan NBFC announces Rs 24/share dividend alongwith March quarter FY24 results
The board of Muthoot Finance, the country's largest gold loan non-banking financial company (NBFC), announced its fourth quarterly results for the financial year that ended on March 31, 2024, on Thursday, May 23.
Share Market Today LIVE | Sensex semi-annual review announcement soon; here is what may change
The 30-stocks BSE Sensex index comprising the most actively traded and largest stocks is due for semi-annual review in June. The announcement of the same can be made on Friday (May 24, 2024), whereas the change will be made effective from June 21.
According to IIFL Alternative Research, Wipro, the IT services major, is seen exiting the headline index.
Share Market Today LIVE | Top 10 PSU Stocks in 1 Year: Rs 1 lakh investment in top stock has given Rs 6 lakh post-tax returns
Public Sector Undertakings (PSU) stocks have performed well for over a year. The value of as many as 14 PSU stocks has risen more than 200 per cent in the one year (As per Value research data), while as many as 40 of them have turned multibaggers with at least a 100 per cent rise. Know more here
Share Market Today LIVE: Bharti Airtel, Mahindra & Mahindra hit 52-week highs
Stock CMP 52-week high Previous 52-week high 1,363.60 1,373.85 1,364.05 (Apr 24, 2024) 2,584.50 2,592.00 2,559.95 (May 18, 2024) Share Market Today LIVE | Nifty crosses 22,800 levels for first time; what’s cheering D-Street today?
The broad-based Nifty 50 index shrugging off weak global sentiment marked a fresh record high in Thursday’s session (May 23), climbing above 22,800 levels for the first time. The benchmark index logged a new peak in just 20 days. Nifty hit its previous all-time high of 22,794.7 on May 3. Know more here
Share Market Today LIVE | Hindalco Industries to show strong Q4 performance; margins likely to climb 240 bps
Hindalco Industries, led by Kumar Managalam Birla, is scheduled to report its Q4 earnings on May 24 (Friday). Zee Business research analysts expect the country’s largest aluminium and copper producer to report strong March quarter earnings. Know more here
Share Market Today LIVE | Markets at Life High
"The Nifty index has surged to a record high after the Reserve Bank of India (RBI) announced a substantial Rs 2.1 lakh crore dividend to the government. This development is a significant macroeconomic positive for the market, with direct implications for the fiscal deficit and bond yields," says Santosh Meena, Head of Research at Swastika Investmart Ltd.
Meena adds the infusion of funds is akin to an indirect rate cut for the economy, as it is expected to lead to a reduction in bond yields. Since many investment instruments are linked to government bond yields, this reduction will likely have a broad positive impact across the financial markets. The improved fiscal position could also prompt upgrades in India's economic outlook.
Furthermore, he says, in the current market scenario, Foreign Institutional Investors (FIIs) have been net short. Still, the market is experiencing a short-covering rally that appears to have further momentum. Despite continuous selling by FIIs in the cash market, there is now an anticipation that they may shift to buying, which would provide additional support to the market. While large-cap stocks are expected to perform well, mid-cap and small-cap stocks may underperform from this point forward.
Share Market Today LIVE | Nifty hits a life high, Anil Singhvi suggests to 'hold' position
Zee Business Managing Editor Anil Singhvi recommends holding positions while the market is at a life high.
Share Market Today LIVE | Markets at Life High
>> Sensex is up nearly 800 points
>> Nifty above 22,800
>> Nifty Bank is up over 1.5 per cent at 48,525.4
Share Market Today LIVE | Nifty hits a life high surpasses 22,800 for the first time ever
Share Market Today LIVE | ICICI Bank, L&T, HDFC Bank, and Axis Bank among top gainers in the afternoon trade
Sensex climbed over 500 points and Nifty was above 22,750 in the afternoon deals.
Here is a heatmap of stock movement at this hour:
Share Market Today LIVE | ITC Dividend 2024: Company to announce Q4 results today, may declare final dividend - check out details
FMCG major ITC Ltd has informed exchanges that it will announce its fourth-quarter results for the financial year 2024 on May 23. There are chances that the company may also announce a dividend. Read on
Share Market Today LIVE | 94% Rise in 6 Months: Multi bagger Railway PSU stock RVNL hits all-time high
The rise of multi bagger PSU stock RVNL continued on BSE on Thursday (May 23, 2024) as it hit an all-time high of Rs 374 in the morning session. Read more
Share Market Today LIVE | Axis Direct picks 4 mid and 1 large caps; know target prices and stop losses
Axis Direct has selected five stocks for positional traders for the next 15-30 days. As per the brokerage, these stocks have momentum and can help one get good returns. Know Axis Direct's share price targets and stop losses. Read more
Stocks to buy today | SBI, Tata Consumer Products, and Lupin among analysts' top picks
In conversation with Zee Business Managing Editor Anil Singhvi, market experts Kunal Saraogi, Rakesh Bansal, and Vikas Sethi share their top stock recommendations in this special segment, Pick of the Day.
On the top analysts' 'buy' list are stocks such as State Bank of India, Tata Consumer Products, Lupin, and PG Electroplast Ltd (PGEL). Read more
Share Market Today LIVE | Petronet LNG stock falls over 2%; should you buy, hold or sell it?
Shares of Petronet LNG-the country’s largest liquified natural gas importer- swings between gains and losses as the company reported its Q4 earnings on the previous day. Read more
Go Digit IPO Listing | Shares list at a premium of 5.15% over the issue price
GO Digit shares are listed at Rs 281.10 on the BSE, a premium of 3.35 per cent over the issue price of Rs 270 per share. On NSE shares list at Rs 286 apiece. Read more
Share Market Today LIVE| PSU multi baggers Cochin Shipyard Ltd and Mazagon Dock hit an all-time high, rising over 630% and 299% in 1 year
PSU multi baggers Cochin Shipyard Ltd and Mazagon Dock Shipbuilders hit their respective all-time highs on BSE in today's trade. Read more
Commodity Update | Precious metal futures trade under pressure, yellow met below Rs 72,650, white metal near Rs 91,200
Domestic precious metal futures today are trading lower after the Federal Reserve's latest policy minutes dampened hopes of an early rate cut. Read more
Share Market Today LIVE | 70% return in one year: Brokerage suggests buying this large-cap telecom stock, check target
Shares of telecom giant Bharti Airtel rewarded its investors with a return of almost 70 per cent in one year. If you have this stock in your portfolio, should you buy, add, or sell it?
Share Market Today LIVE | Nifty near 22,600, Sensex flat in opening deals
Nifty50
Source: NSE
Sensex
Source: BSE
Share Market Today LIVE | 2000% dividend: Gland Pharma reports healthy Q4 nos; what should investors do?
Gland Pharma shares will be in focus today after global brokerages revised their stance on the stock. The revision came soon after the company reported its Q4FY24 numbers, on Wednesday after market hours. Read more
Anil Singhvi Market Strategy May 23| 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 22,475-22,525 levels and a strong buy zone at 22,350-22,425 levels on Thursday, May 23. Read more
Share Market Today LIVE | Power Grid share price target: Should you buy, sell or hold PSU power stock post-Q4 results, dividend announcement?
State-owned Power Grid Corporation shares will remain in focus on Thursday, May 23, a day after the PSU firm reported a nearly four per cent dip in its consolidated net profit to Rs 4,166.33 crore in the March 2024 quarter, mainly due to a marginal decline in income. Read more
Traders' Diary | Buy, sell, or hold strategy on HUL, Hindalco, Jubilant Food, Apollo Hospitals, Petronet LNG and others
In today's edition of Traders' Diary, the Zee Business research team shares exclusive research on 20 stocks that investors and traders can track on Thursday, May 23, 2024. Check out the complete list of stocks on analysts Kushal Gupta and Ashish Chaturvedi's radar. Read more
Share Market Today LIVE | Jubilant FoodWorks share price target: Brokerage mixed on Domino Pizza maker stock post-Q4 results; should you buy?
Jubilant FoodWorks Ltd (JFL) shares will remain on investors' radar, a day after Domino Pizza maker released its March quarter earnings report followed by mixed reactions from global brokerages. Check out target price.
Stocks to Watch | ITC, Sun Pharma, Nykaa, Page Industries, IndiGo, other stocks to track today
More than 180 companies are scheduled to report their financial results for the quarter as well as the year ended March 31 on Thursday, May 23, including ITC, Honasa Consumer, InterGlobe Aviation, Fortis Healthcare, JK Lakshmi Cement, Page Industries, ICRA, Schneider Electric Infra, Tata Investment Corp, Yatharth Hospital & Trauma Care Services, Zaggle Prepaid Ocean Services, and Barbeque-Nation Hospitality. Read more
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