Share Market HIGHLIGHTS: Nifty 2 pts shy of 18,350, Sensex left with 18 pts gain as financial stocks weigh on Dalal Street

Share Market HIGHLIGHTS | Nifty 2 pts shy of 18,350, Sensex left with 18 pts gain

Nifty 50 

NSE's Nifty 50 gained 34 points to end the session at 18,348.

Source: NSE

Sensex 

The S&P BSE Sensex ended flat at 61,982 levels, up 18 points.

Source: BSE

Share Market HIGHLIGHTS | Adani Enterprises, Divi' Lab, Bajaj Finserv among top gainers

Adani Enterprises, Divi' Lab, Bajaj Finserv, Eicher Motors and UPL are among the top gainers in the Nifty basket. On the contrary, Apollo Hospitals, HCL Tech, Grasim, Tech Mahindra and Kotak Bank are among the top losers. 

Source: NSE

Kirloskar Industries declares 110% dividend for FY23, stock jumps 15%

Shares of Kirloskar Industries jumped 15 per cent to Rs 2,913.70 apiece on the BSE on May 23, Tuesday, after the company said its board has recommended a dividend of 110 per cent for the fiscal 2022-23. Read more 

Nifty Today LIVE | Infosys, ICICI Bank, ITC among top movers

Infosys, ICICI Bank, ITC and RIL are among the top movers in both the Sensex and Nifty baskets at this hour. On the contrary, Kotak Bank, Larsen & Toubro, Titan and Tech Mahindra are among the top draggers.

Here's a look at the heatmap in the 50-scrip universe by weight:

Source: NSE

DLF hits 52-week high again; should you wait before picking for long term?

DLF shares have scaled a series of 52-week highs, and counting, and remain among the choicest picks of analysts in the real estate basket. The stock has grown 27 per cent in value in 2023 so far and 45 per cent in the last one year, as against the headline Nifty index's gain of about one per cent and 13 per cent respectively. Read more 

BPCL posts better-than-expected results for Q4; stock up 2%

Shares of Bharat Petroleum Corporation Ltd (NSE: BPCL) climbed 2 per cent on NSE on May 23, a day after the company released its March quarter (Q4FY23) numbers. At the time of filing this report, BPCL's scrip stood at Rs 368.7 on the NSE, up 1.96 per cent. Read more on BPCL 

4 reasons why Motilal Oswal suggests buying Kajaria Ceramics

Shares of Kajaria Ceramics rose as much as 1.34 per cent or Rs 16.7 to hit a high of Rs 1,262.9 apiece on the BSE in the early trade on May 23, Tuesday. The stock had hit a 52-week high and low of Rs 1,279.95 and 898, respectively on September 21, 2022 and June 24, 2022. 

Below is a list of key reasons why the brokerage has recommended buying shares of the company- 

Strong growth: The brokerage notes that KJC has delivered stronger growth than its competitors and continued to gain market share in a fragmented industry. The company reported a 14.4 per cent revenue CAGR over FY10-22 against 7.5 per cent for the other listed players. Kajaria Ceramics' revenue share within the organised listed players increased to 34 per cent in FY22 (36 per cent in 9MFY23) from 10 per cent in FY20. Its sales volume clocked an 11 per cent CAGR over FY10-23, which helped to improve its industry volume share. Read more 

Share Market Today LIVE | NTPC, Wipro, M&M Financial among analysts' top picks

In conversation with Zee Business Managing Editor Anil Singhvi, market experts Rakesh Bansal, Kunal Saraogi, Himanshu Gupta, Sumeet Bagadia and Avinash Gorakshakar share their top recommendations for the day in this special segment, Pick of the Day. Read more 

Nifty LIVE | Adani Enterprises, Divi's Lab, Bajaj Finserv most in 50-scrip blue-chip basket

Adani Enterprises, Divi's Lab, Adani Ports, Bajaj Finserv and BPCL are among the top gainers in the Nifty basket, trading with gains of around 12-2 per cent. On the other hand, Grasim, Kotak Bank, Apollo Hospitals, HDFC Life and Larsen & Toubro are among the top losers, down nearly 2-1 per cent.

Source: NSE

Share Market LIVE Updates: Stocks that hit 52-week highs

Stocks such as Max Healthcare, Cholamandalam Investment, AU Small Finance Bank, and others touched their respective 52-week highs on Tuesday.

Share Market LIVE Updates: Shree Cement shares rise after Q4 earnings

Shree Cement shares were in demand during Tuesday’s session on the back of stellar earnings on a sequential basis for the quarter that ended on March 31, 2023.

The stock rose as much as 4 per cent to touch the day’s high level of Rs 25,426.25 per share during the early morning session on the BSE today.

Good morning! Welcome to Zeebiz.com's blog on the stock market today

Follow this space to catch minute-by-minute market action, the views of Zee Business Managing Editor Anil Singhvi and other experts, investment ideas, stock picks, brokerage calls and much more throughout the day. 

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