Share Market HIGHLIGHTS: Sensex ends choppy session 64 pts higher, Nifty back above 19,350; RIL, Tata Steel, JSW Steel rise up to 4%
Share Market Today LIVE: The benchmark indices, the S&P BSE Sensex and the NSE Nifty ended in the green on Monday, July 10. However, the gains were capped amid selling in the majority of the sectors. At close, the 30-share index of the BSE stood at 65,344.17, up 64 points, or 0.10 per cent while the NSE's Nifty settled at 19,355.90, up 24 points, or 0.12 per cent. Reliance Industries (RIL) was the biggest gainer on the index, up 3.78 per cent, followed by Tata Steel (up 3.36 per cent), and Bharti Airtel (up 1.56 per cent).
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 LIVE: The benchmark indices, the S&P BSE Sensex and the NSE Nifty ended in the green on Monday, July 10. However, the gains were capped amid selling in the majority of the sectors. At close, the 30-share index of the BSE stood at 65,344.17, up 64 points, or 0.10 per cent while the NSE's Nifty settled at 19,355.90, up 24 points, or 0.12 per cent. Reliance Industries (RIL) was the biggest gainer on the index, up 3.78 per cent, followed by Tata Steel (up 3.36 per cent), and Bharti Airtel (up 1.56 per cent).
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 HIGHLIGHTS | Sensex ends choppy session 64 pts higher, Nifty back above 19,350
Nifty 50
NSE's Nifty ends at 19,355.9 up by 0.12 per cent on Monday.
Source: NSE
Sensex
Sensex ends a choppy session 64 points or 0.10 per cent higher at 65,344.17 on Monday.
Source: BSE
Share Market HIGHLIGHTS | RIL, Tata Steel, JSW Steel rise most in 50-scrip blue-chip basket
RIL, Tata Steel, JSW Steel and Bharti Airtel are among the top gainers in the Nifty basket, trading with gains of around 4-2 per cent. On the other hand, HCL Tech, Titan, Power Grid and TCS are among the top losers, down nearly 3-2 per cent.
Source: NSE
Mutual Funds | Inflow in equity mutual fund hit 3-month high at Rs 8,637 cr in June
Titan share price NSE, Titan share price target: Titan Company shares trade at Rs 3,057.95, down by 2.74 per cent on NSE. The counter slipped as much as over 3 per to touch the day's low of Rs 3,040 from the previous close of Rs 3,144 on NSE. The trend in the stock follows after the global brokerage Morgan Stanley downgraded Titan Company to equal- weight with a target price of Rs 3207.
The counter clocked a new 52-week high of Rs 3,210 apiece, surpassing an earlier peak of Rs 3,113.90 touched on July 5 on the NSE on Friday, July 7 after Titan reported 20 per cent year-on-year (YoY) revenue growth on Tuesday, with all key consumer businesses exhibiting double-digit growth for the quarter ended June 30, 2023, as per the jewellery maker's communiqué. Read more
Image source: official website
Share Market Today LIVE | NSDL to launch IPO: What should you do with CDSL shares? Here’s what Anil Singhvi suggests
National Securities Depository Limited (NSDL), India's oldest depository, has filed draft papers with markets regulator Sebi for its initial public offering (IPO). The IPO is a complete offer-for-sale (OFS) of more than 5.72 crore equity shares by existing shareholders, according to the draft red herring prospectus (DRHP). Under the OFS, IDBI Bank plans to offload 2.22 crore shares, National Stock Exchange (NSE) 1.80 crore shares, Union Bank of India 56.25 lakh shares, State Bank of India and HDFC Bank will offload 40 lakh shares each. This aside, the Administrator of the Specified Undertaking of the Unit Trust of India (SUUTI) will sell 34.15 lakh shares of the Mumbai-based depository. Read more
Nifty Today LIVE | RIL, Infy, Bharti Airtel among top movers
RIL, Infy, Bharti Airtel and Tata Steel are the top movers in the Nifty baskets at this hour. On the contrary, Titan, TCS, Bajaj Finance and HDFC 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 | Tata Motors, RIL hit 52-week highs
Tata Motors and RIL stocks in the S&P BSE Sensex basket reached the milestone.
| Stock | LTP | 52 Weeks High | Previous 52 Weeks High(Price/Date) | All Time High(Price/Date) |
| RELIANCE | 2,739.30 | 2,755.00 | 2,754.70 (01 Dec 2022) | 3,252.10 (15 Jan 2008) |
| TATAMOTORS | 625.25 | 634.6 | 624.65 (07 Jul 2023) | 1,381.40 (06 Dec 2010) |
Share Market Today LIVE | Nazara Tech board to consider fund-raise; shares rise
Gaming and sports media platform Nazara Technologies' board will consider raising funds on Monday, July 10. Nazara Tech shares gained by as much as Rs 10.3 or 1.4 per cent to Rs 731 apiece on BSE, coming within Rs 60 of a 52-week high registered in September 2022. Read more
Dividend stocks this week | Dr Reddy's, JSW Steel, Lupin, Persistent among 13 shares to go ex-date
As many as 13 stocks are scheduled to trade ex-dividend this week. These stocks include Dr Reddy's Laboratories, JSW Steel, Jubilant FoodWorks, LTIMindtree, Persistent Systems, Lupin and Balkrishna Industries.
July 10: LTIMindtree, Onward Tech
LTIMindtree has announced a dividend of Rs 40 per equity share with a face value of Re 1. Onward Technologies has announced a dividend of Rs 3 per equity share with a face value of Rs 10.
July 11: Dr Reddy's Labs, JSW Steel, Persistent Systems, Sat Industries, Pix Transmissions, Neuland Laboratories, Balkrishna Industries
- Persistent Systems has announced a final dividend of Rs 12 per equity share and a special dividend of Rs 10 per share with a face value of Rs 10 each.
- Sat Industries has announced a dividend of Re 0.10 per equity share with a face value of Rs 2.
- Pix Transmissions has announced a dividend of Rs 6 per equity share with a face value of Rs 10.
- Dr Reddy's Laboratories has announced a dividend of Rs 40 per equity share with a face value of Rs 5. Read more
Share Market Today LIVE | ICICI Prudential Life jumps 4.5%; Jefferies recommends buying, raises target price to Rs 700
Shares of ICICI Prudential Life Insurance Company are up nearly 2 per cent at Rs 584.35 on NSE. The counter rose as much as 4.5 per cent to Rs 598.45 apiece on the BSE in the morning trade on Monday (July 10). The stock gained as global brokerage Jefferies gave a buy call on the stock with a target price of Rs 700. Read more
Share Market Today LIVE | Hindustan Zinc shares fall 5% after board announces 350% payout
Shares of Hindustan Zinc (HZL) trade in red at Rs 328.65, down by 3.51 per cent on NSE. The counter on Monday slipped over 5 per cent on the bourses after Vedanta Group subsidiary's board announced a dividend of Rs 7 per equity share for the financial year 2022–23 of the face value of Rs 2 per share, i.e., a 350 per cent payout, on Saturday, July 8, to its shareholders. Read more
Source: Official website
Currency Update | Rupee rises 6 paise to 82.55 against US dollar
The rupee gains 6 paise to 82.55 against the US dollar in early trade supported by sustained foreign fund inflows and a bullish momentum in domestic equities.
Stocks to buy: PNB, Canara Bank, Granules India, Latent View, IDBI Bank among analysts' top picks
In conversation with Zee Business Managing Editor Anil Singhvi, market experts Rakesh Bansal, Kunal Saraogi, Himanshu Gupta, Jay A Thakkar, Mehul Kothari and Sandeep Jain share their top recommendations in this special segment, Pick of the Week. On the top analysts' 'buy' list are stocks such as IDBI Bank, Granules India, PNB, Latent View Analytics, Canara Bank and Garware Tech Fiber. Read more
Source: Pixabay/ representational image
Share Market Today LIVE | LTIMindtree shares trade ex-date on NSE, BSE today
LTIMindtree shares trade in red at Rs 5,047.7, down by Rs 26.85 or 0.53 per cent on NSE. The couter traded ex-dividend today, July 10. The global technology consulting and digital solutions company earlier announced a final dividend of Rs 40 per equity share of face value Re 1 each for the financial year 2022-23 — a dividend of 4,000 per cent. LTIMindtree in its regulatory filing said, "In the aforesaid meeting, the Board of Directors have recommended a final dividend of Rs. equity share of Re. 1 each, for approval of the shareholders." Read more