Share Market HIGHLIGHTS: D-Street scales record closing highs after Nifty crosses 19,000, Sensex 64,000 for first time ever
Share Market Today LIVE: The Nifty50 finally broke the hurdle and scaled an all-time peak of 19,011.25 on Wednesday, June 28. The S&P BSE Sensex also hit a fresh all-time high of 64,050.44.
Besides, Indian financial markets — the capital as well as the money markets — will remain closed on Thursday, June 29 for Bakra Eid (Bakrid). Trading in the equity, derivatives, securities lending and borrowing (SLB), and currency derivative segments on bourses BSE and NSE, along with the forex market, will resume the next day, June 30. Read more
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 Nifty50 finally broke the hurdle and scaled an all-time peak of 19,011.25 on Wednesday, June 28. The S&P BSE Sensex also hit a fresh all-time high of 64,050.44.
Besides, Indian financial markets — the capital as well as the money markets — will remain closed on Thursday, June 29 for Bakra Eid (Bakrid). Trading in the equity, derivatives, securities lending and borrowing (SLB), and currency derivative segments on bourses BSE and NSE, along with the forex market, will resume the next day, June 30. Read more
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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HEADLINE INDICES AT RECORD CLOSING HIGHS | Sensex leaps 499 pts to 63,915, Nifty at 18,972
Both main hold on to much of their intraday gains by the end of the strong session. The Nifty ends with a gain of 154.7 points or 0.8 per cent at 18,972.1 and the Sensex shuts shop at 63,915.4, up 499.4 points or 0.8 per cent from its previous close.
Here's how the indices moved through the day:
Nifty
Sensex
Images: NSE, BSE
Share Market Tips LIVE | Buy Inox Wind, PIX Transmissions shares, says Vikas Sethi
Vikas Sethi of Sethi Finmart recommends buying Inox Wind shares for a target of Rs 170 with a stop loss at Rs 150. Besides, he recommends buying PIX Transmissions shares for a target of Rs 990 with a stop loss at Rs 935.
Nifty Bank LIVE | Nifty Bank at 44,508.4, hits fresh all-time high
Share Market Today LIVE | SAT stays Sebi's order restraining IIFL Securities from taking up new clients
In an interim relief to IIFL Securities, the Securities Appellate Tribunal (SAT) has stayed market regulator Sebi's order that banned the broking house from onboarding new clients for two years. The order came after IIFL Securities, earlier known as India Infoline Ltd, filed an appeal against the order passed by the Securities and Exchange Board of India (Sebi).
In an order uploaded on its website on Wednesday, the appellate tribunal has stayed the order passed by Sebi. The matter has been listed for final disposal on August 23.
Share Market Today LIVE | BEML shares surge after bagging order worth Rs 385 crore from BDL and BEL
BEML shares surges after bagging order worth Rs 385 crore from BDL and BEL for the supply of high-mobility vehicles (HMV). The total contract value for the order is Rs 385 crore. The stock is trading at Rs 1,619.4, up 2.9 per cent on NSE. Read more
Nifty LIVE | Nifty 50 touches 19,000 mark for first time ever
The Nifty touched the 19,000 mark for the first time ever on Wednesday, June 28, hours after crossing its peak of December 1, 2022 to an all-time high. It took 625 days for Nifty 50 to cover 1,000 points journey to 19,000. The Sensex followed suit, scaling an unprecedented 64,000 level mid-broad-based buying on Dalal Street.
Share Market Today LIVE | Gland Pharma shares jump — this is what’s keeping the Street excited
Gland Pharma shares are up 2.45 per cent to trade at Rs 1039.5 on NSE. Gland Pharma shares were in high demand on Wednesday, a day after the Hyderabad-based pharmaceutical company said the US Food and Drug Administration (FDA) had completed an inspection at its facility located at Pashamylaram in the city. Gland Pharma shares — traded with the symbol GLAND on bourses BSE and NSE — gained by as much as Rs 34.6 or 3.4 per cent to Rs 1,049.2 apiece on BSE. Read more
Share Market Today LIVE | Vedanta, City Union Bank, REC, Divi's, Bajaj Finserv among analysts' top picks
In conversation with Zee Business Managing Editor Anil Singhvi, market experts Himanshu Gupta, Ambareesh Baliga, Chandan Taparia, Sandeep Wagle and Sumeet Bagadia share their top recommendations for the day in this special segment, Pick of the Day. On the top analysts' 'buy' list are stocks such as Vedanta, City Union Bank, REC, Divi's Labs and Bajaj Finserv. Read more
Share Market Today LIVE | Wipro extends buyback date by one day to June 30
IT major Wipro on Tuesday extended the closing date for its Rs 12,000 crore buyback offer due to the shift in stock market holiday to June 29, Thursday on the occasion of Bakra Eid. Wipro's buyback that opened on June 22 will now close on June 30, Friday instead of June 29, Thursday. As per Wipro's regulatory filing, the company said, "On account of change in the working day from June 29, 2023, to June 28, 2023, SEBI vide its email dated June 27, 2023, has allowed extension in the tendering period by 1 (one) working day. Accordingly, the Buyback Closing Date will be Friday, June 30, 2023, instead of Thursday, June 29, 2023." Read more
Share Market Today LIVE | ITC stock gains on acquisition of compulsorily convertible preference shares of Mother Sparsh
Shares of cigarettes-to-hotels conglomerate ITC trade at 447.7 or Rs 2 or 0.45 per cent on NSE. The company, whose popular cigarette brands include Classic, Gold Flake, Insignia, American Club, India Kings, and Wills Navy Cut, has acquired 857 compulsorily convertible preference shares of Rs 10 each of Mother Sparsh at a consideration of Rs 11.54 crore.
The counter rose as much as over 1 per to touch the day's high of Rs 450.40 from the previous close of Rs 445.1 on the NSE. According to the company's communiqué, ITC now holds 26.50 per cent of Mother Sparsh’s share capital. Read more
Source: Reuters
Share Market Today LIVE | Titagarh Rail hits all-time high as company receives Rs 857 crore order from GMRC
Shares of Titagarh Rail Systems, formerly known as Titagarh Wagons Limited trade at 509.9, up by Rs 4.6 or 0.91 per cent on NSE. The stock rose over 4 per cent and touched an all-time high of Rs 529.20 in the morning deals on Wednesday, June 28 on BSE. The investor's showing of buying interest in the stock came after the company received an order worth Rs 857 crore from Gujarat Metro Rail Corporation (GMRC) Limited. Read more
Share Market Today LIVE| Nifty50 scales a fresh life high of 18,913.1; Sensex touches 63,740 for 1st time ever
Nifty50 @ life high; 50-scrip index crosses Dec 2022 peak to scale fresh peak
Nifty50 scales a fresh life high of 18,913.1 in the morning trade on June 28, 2023.
Share Market Today LIVE | As Nifty scales record high, Anil Singhvi explains what makes the milestone unique
As the Nifty takes out its December 2022 peak of 18,888 to scale an all-time high, Zee Business Managing Editor Anil Singhvi points out that the rally is unique given that it is strictly based on the India story. The market wizard points out that one can expect even higher levels if the Nifty and the Nifty Bank close above the 18,900 and 44,500 levels respectively. Read more