Share Market HIGHLIGHTS: Sensex soars 759 pts to 73,328, Nifty crosses 22,000
Share Market HIGHLIGHTS: Domestic equity benchmarks Nifty 50 and Sensex registered fresh record closing highs after scaling all-time highs on Monday, January 15, in a broad-based rally led by financial, IT and oil & gas shares. Wipro and HCLTech led a rally in the entire IT pack after the companies staged strong quarterly performances last week.
Investors awaited a string of largecap Q3 results due this week for domestic cues.
Catch all the highlights of the session on Dalal Street, 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:
Share Market HIGHLIGHTS: Domestic equity benchmarks Nifty 50 and Sensex registered fresh record closing highs after scaling all-time highs on Monday, January 15, in a broad-based rally led by financial, IT and oil & gas shares. Wipro and HCLTech led a rally in the entire IT pack after the companies staged strong quarterly performances last week.
Investors awaited a string of largecap Q3 results due this week for domestic cues.
Catch all the highlights of the session on Dalal Street, 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:
Latest Updates
Thank you! That's all today on Zeebiz.com's blog on the January 15 session on Dalal Street
For all other news related to business, politics, tech and auto, follow us on Twitter, Facebook, LinkedIn and Instagram.
Share Market Today | Wipro, ONGC, HCLTech, Infosys, HDFC Bank rise most among 35 Nifty50 gainers; HDFC Life, Bajaj twins top losers
| Index | Jan 15 close | Change (%) |
| WIPRO | 495.1 | 6.37 |
| ONGC | 233 | 4.3 |
| HCLTECH | 1,588.00 | 3.06 |
| INFY | 1,652.00 | 2.43 |
| HDFCBANK | 1,679.70 | 2.35 |
| BHARTIARTL | 1,100.00 | 2.2 |
| TECHM | 1,334.00 | 1.98 |
| TATACONSUM | 1,152.50 | -0.56 |
| LT | 3,546.90 | -0.61 |
| EICHERMOT | 3,826.00 | -1.16 |
| HINDALCO | 575.1 | -1.19 |
| BAJAJFINSV | 1,632.00 | -1.2 |
| BAJFINANCE | 7,477.00 | -2.4 |
| HDFCLIFE | 614.95 | -3.55 |
Share Market Today | Nifty IT top gainer among NSE's sectoral indices, up 1.9%
| Index | Jan 15 close | Change (%) |
| NIFTY IT | 37,201.95 | 1.86 |
| NIFTY OIL & GAS | 10,193.20 | 1.73 |
| NIFTY PHARMA | 17,520.45 | 1 |
| NIFTY PSU BANK | 5,918.20 | 0.98 |
| NIFTY HEALTHCARE INDEX | 11,053.65 | 0.98 |
| NIFTY BANK | 48,158.30 | 0.94 |
| NIFTY PRIVATE BANK | 24,884.50 | 0.94 |
| NIFTY FINANCIAL SERVICES | 21,461.35 | 0.75 |
| NIFTY CONSUMER DURABLES | 32,218.35 | 0.35 |
| NIFTY FMCG | 56,657.30 | 0.3 |
| NIFTY AUTO | 18,765.25 | 0.27 |
| NIFTY REALTY | 883.3 | 0.26 |
| NIFTY METAL | 7,864.10 | -0.43 |
| NIFTY MEDIA | 2,399.55 | -1.9 |
Share Market Today | Bulls take Dalal Street to fresh record closing highs; Sensex soars 759 pts, Nifty50 comes within three pts of 22,100
Both headline indices finish the strong session with gains of around one per cent amid a broad-based upmove, where financial, IT and oil & gas shares were the biggest contributors.
The Sensex adds 759.5 points to end at 73,327.9 and the Nifty50 settles at 22,097.5, up 202.9 points from its previous close. The indices registered all-time highs of 73,402.2 and 22,115.6 in intraday trade respectively.
Nifty50
Sensex
Share Market Today LIVE | Nifty above 22,100 for the 1st time ever, Sensex trades 750 pts higher
Share Market Tips LIVE | Buy Triveni Turbines, SP Apparels shares, says Vikas Sethi
Vikas Sethi of Sethi Finmart recommends buying Triveni Turbines shares for a target of Rs 430 with a stop loss at Rs 405. Besides, recommends buying SP Apparels shares for a target of Rs 635 with a stop loss at Rs 590.
Share Market Today LIVE | SpiceJet receives BSE approval to raise funds - Check details
Low-cost carrier SpiceJet has received in-principle approval from the BSE for the issuance of equity shares and warrants convertible into equity shares on a preferential basis. This will help the company to raise Rs 2,242 crore.
The approval comes after the SpiceJetʹs 39th Annual General Meeting (AGM) where the members approved the proposal for a fund infusion of Rs 2242 crore. The AGM was held on January 10. Read more
Share Market Today LIVE | Sell Nifty50 for targets of 21,950, 21,900, says Nirav Harish Chheda
Nirav Harish Chheda of Nirmal Bang Securities has a 'sell' call on Nifty50 for targets of 21,950 and 21,900 with a stop loss at 22,100.
He believes consolidation in the Nifty Bank to continue for now.
Share Market Today LIVE | Bank of Maharashtra jumps 4%; sees 56% rise in six months
Bank of Maharashtra stock trades 3.54 per cent higher at Rs 50 on BSE. The bank early this year cut its house loan rate by 15 basis points to 8.35 per cent. The lender's stock has fared well in the last six months. The stock's rise in the last month is 5.72 per cent, while it has skyrocketed by 56.55 per cent in the last six months. Read more
Share Market Today LIVE | BHEL share price target by Anil Singhvi - Check stop loss and other detail
Zee Business Managing Editor Anil Singhvi has picked Bharat Heavy Electricals (BHEL) as the 'Stock of the Day' today i.e. on January 15, 2025. According to Singhvi, shares of BHEL - India's largest engineering and manufacturing enterprise - have huge potential as the PSU has a very strong order book.
BHEL Share Price Target
Singhvi said the Rs 15,000 crore order from state-owned NLC India will be a game changer for the BHEL. The contract is to set up a 2,400 MW thermal power project at Jharsuguda district in Odisha. Read more
Share Market Today LIVE | Tata Consumer Products shares in focus today; should you buy the stock?
Tata Consumer Products pares gains and slips over 1 per cent after the stock hits a 52-week high on the BSE at Rs 1,216.3 apiece. The stock is on investors' radar after the company announced the acquisition of Capital Foods and Organic India. The company will also consider raising funds in a meeting on January 19. Read more
Should you buy Wipro, HCL Tech, Dixon Tech, GCPL, Tata Consumer, HDFC Life, and other stocks today? Here is what brokerages suggest
HCL Tech share price target
- Morgan Stanley has an 'equal-weight' rating on HCL Technologies with a target of Rs 1,600.
- JPMorgan has a 'neutral' rating on HCL Tech shares with a target of Rs 1,530.
- Jefferies has a 'hold' call on the HCL Tech stocks with a target of Rs 1,500.
Wipro share price target
- JPMorgan has a 'neutral' rating on Wipro with a target of Rs 500.
- Morgan Stanley has an 'underweight' rating on Wipro shares with a target of Rs 460.
- Jefferies has an 'underperform' rating on the Wipro shares with a target of Rs 470.
- Goldman Sachs has a 'sell' call on Wipro with a target of Rs 420.
- Nomura and HSBC each have a 'reduce' rating on Wipro with targets of Rs 410 and Rs 350, respectively.
Avenue Supermarts share price target
- JPMorgan has an 'underweight' rating on Avenue Supermarts with a target of Rs 3,555.
- Morgan Stanley has an 'overweight' rating on Avenue Supermarts shares with a target of Rs 4,471.
- Citi and Goldman Sachs each have a 'sell' call on Avenue Supermarts with targets of Rs 3,200 and 3,750, respectively.
HDFC Life share price target
- CLSA has an 'outperform' rating on HDFC Life Insurance Company with a target of Rs 700.
- Morgan Stanley has an 'overweight' rating on HDFC Life shares with a target of Rs 780.
- Citi has a 'neutral' on the HDFC Life stocks with a target of Rs 675. Read more
Should you buy Wipro, HCL Tech, Dixon Tech, GCPL, Tata Consumer, HDFC Life, and other stocks today? Here is what brokerages suggest
HCL Tech share price target
- Morgan Stanley has an 'equal-weight' rating on HCL Technologies with a target of Rs 1,600.
- JPMorgan has a 'neutral' rating on HCL Tech shares with a target of Rs 1,530.
- Jefferies has a 'hold' call on the HCL Tech stocks with a target of Rs 1,500.
Wipro share price target
- JPMorgan has a 'neutral' rating on Wipro with a target of Rs 500.
- Morgan Stanley has an 'underweight' rating on Wipro shares with a target of Rs 460.
- Jefferies has an 'underperform' rating on the Wipro shares with a target of Rs 470.
- Goldman Sachs has a 'sell' call on Wipro with a target of Rs 420.
- Nomura and HSBC each have a 'reduce' rating on Wipro with targets of Rs 410 and Rs 350, respectively.
Avenue Supermarts share price target
- JPMorgan has an 'underweight' rating on Avenue Supermarts with a target of Rs 3,555.
- Morgan Stanley has an 'overweight' rating on Avenue Supermarts shares with a target of Rs 4,471.
- Citi and Goldman Sachs each have a 'sell' call on Avenue Supermarts with targets of Rs 3,200 and 3,750, respectively.
HDFC Life share price target
- CLSA has an 'outperform' rating on HDFC Life Insurance Company with a target of Rs 700.
- Morgan Stanley has an 'overweight' rating on HDFC Life shares with a target of Rs 780.
- Citi has a 'neutral' on the HDFC Life stocks with a target of Rs 675. Read more
Stocks to Buy | ITC, HUL, BPCL among analysts' top picks
In conversation with Zee Business Managing Editor Anil Singhvi, market experts Himanshu Gupta, Mehul Kothari, Rakesh Bansal, Kunal Saraogi and Sandeep Jain share their top stock recommendations in this special segment, Pick of the Week.
On the top analysts' 'buy' list are stocks such as Accelya Solutions India, ITC Limited, Bharat Petroleum Corporation Limited (BPCL), Union Bank of India, Schaeffler India and Hindustan Unilever Limited (HUL). Read more
Share Market Today LIVE | Alkem Labs stock slips after firm reports loss of Rs 52 crore due to cyber security breach
In the first trading session after Alkem Labs reported a loss of Rs 52 crore due to a cyber security breach, the company's stock trades down by 0.65 per cent at Rs 5,015.9. In an exchange filing on Friday, the company said that the business email-ids of some employees of a subsidiary were compromised. Read more