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Share Market HIGHLIGHTS: The dream run continued on Dalal Street as the benchmark indices settled at fresh closing peaks for the fourth session in a row. At close, the S&P BSE Sensex stood at 65,479.05, up 274 points, or 0.42 per cent. During the day, the 30-share index surpassed the 65,650 level and hit an all-time high of 65,672.97. Similarly, the NSE's Nifty ended at 19,389, up 66 points, or 0.34 per cent. During the session, the index hit an all-time high of 19,434.15 points. Nifty Bank hit a high of 45,655.50 during the day. The index eventually settled at 45,301.45. Analysts on Dalal Street eagerly await the onset of the corporate earnings season for domestic cues, with Tata Consultancy Services (TCS) slated to report its financial results for the April-June period on July 12.
04 Jul 2023, 11:16 AM (IST)
Sugandha Sachdeva, Executive Director and Chief Strategist at Acme Investment Advisors, expects gold prices to remain in a consolidation phase for a while. She expects the recent low of around Rs 57,600 per 10 grams in gold futures to entice buying interest and underpin prices "where the recent low of around Rs 57,600 per 10 marks looks to entice buying interest and underpin prices".
"Only in case this crucial level is breached on a closing basis, a further downside towards Rs 56,000 per 10 grams mark looks plausible. In the international markets, prices have formed a strong base around the recent low of $1,890-1,880 per ounce zone, from where they are likely to embark on an uphill journey yet again," she tells Zeebiz.com.
"The long-term story for gold is still intact as lingering geo-political risks, a probable pause in the monetary tightening campaign of the US central bank, the accelerating de-dollarization drive, net gold buying by the central banks for the year, prospects of a growth slowdown caused due to unrelenting rate hikes by the major central banks look to enchant gold investors by the end of the year. Gold is a precious metal that has been used as a store of value for centuries and is likely to remain an attractive investment for investors."

Image: Reuters
04 Jul 2023, 3:44 PM (IST)
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04 Jul 2023, 3:35 PM (IST)
NSE's Nifty ended at 19,389, up 66 points, or 0.34 per cent.
Source: NSE
S&P BSE Sensex stood at 65,479.05, up 274 points, or 0.42 per cent.
Source: BSE
04 Jul 2023, 3:30 PM (IST)
Bajaj Finance, Bajaj Finserv, Hero MotoCorp and TechM are among the top gainers in the Nifty basket, trading with gains of around 7-2 per cent. On the other hand, Eicher Motors, Bharti Airtel and Grasim are among the top losers, down nearly 6-1 per cent.
Source: NSE
04 Jul 2023, 3:02 PM (IST)
On the other hand, Eicher Motors, Rajesh Exports and IDFC First Bank were the worst hit among the laggards.
Source: BSE
04 Jul 2023, 1:45 PM (IST)
Shares of HPL Electric & Power on Tuesday zooms nearly 16 per cent on the back of receiving Rs 903 crore smart meter orders. Further, HPL Electric & Power's orders bolster HPL's total pending pipeline order book, now totalling more than Rs 2,250 crore, the company said in its press release. The filing added, "These significant smart meter orders underscore HPL Electric & Power Ltd.'s commitment to innovation and reinforce its role in India's mass smart-meter adoption. The company's dedication to research and development enables the delivery of technologically complex solutions that cater specifically to the Indian market." Read more
04 Jul 2023, 1:44 PM (IST)
The Indian equity market is on a strong footing. After months of tussling, the bulls finally emerged victorious in June, thereby lifting the benchmark indices to fresh record highs. The S&P BSE Sensex has now breezed past 65,500 levels, and the Nifty50 has topped the crucial 19,400 level. Nifty's journey from 18,000 to 19,000 took 425 trading days (from Oct'21-Jun'23). In comparison, the index took only 31 days when it covered the journey from 17,000 to 18,000. Read more
04 Jul 2023, 1:40 PM (IST)
04 Jul 2023, 12:48 PM (IST)
Bajaj Finance, HDFC Bank, HDFC and Bajaj Finserv are the top movers in the Nifty baskets at this hour. On the contrary, RIL, Bharti Airtel and Eicher Motors are among the top draggers.
Here's a look at the heatmap in the 50-scrip universe by weight:
Source: NSE
04 Jul 2023, 11:33 AM (IST)
Pakistan's benchmark share index scored its biggest single-day jump in 15 years on Monday, gaining 5.9 per cent on the first trading session after the country secured a last-gasp funding deal from the International Monetary Fund (IMF).
The country on Friday secured a $3 billion short-term financial package from the IMF, giving its economy some much-awaited respite as it teeters on the brink of default.
04 Jul 2023, 11:21 AM (IST)

04 Jul 2023, 10:52 AM (IST)
As many as 30 stocks in the BSE 500 basket — the broadest index on the bourse — reach the milestone, including the five Sensex stocks.
| Stock | CMP | 52-week high | Previous 52-week high |
| ANGELONE | 1,769.75 | 1,793.95 | 1,765.60 (03 Jul 2023) |
| APARINDS | 3,582.00 | 3,612.55 | 3,560.00 (03 Jul 2023) |
| ASTERDM | 315.45 | 316.65 | 307.55 (15 Jun 2023) |
| ASTRAZEN | 3,763.15 | 3,832.60 | 3,806.00 (03 Jul 2023) |
| BAJFINANCE | 7,854.00 | 7,916.70 | 7,777.00 (22 Sep 2022) |
| BANKBARODA | 204.5 | 204.6 | 199.75 (03 Jul 2023) |
| CANFINHOME | 794.95 | 799.6 | 799.00 (28 Jun 2023) |
| CHOLAFIN | 1,207.25 | 1,209.25 | 1,175.60 (03 Jul 2023) |
| CIEINDIA | 531.6 | 534 | 531.30 (19 Jun 2023) |
| ENDURANCE | 1,661.05 | 1,735.85 | 1,625.20 (16 Jun 2023) |
| EXIDEIND | 239.5 | 241 | 240.75 (03 Jul 2023) |
| IDFC | 112.3 | 115.7 | 110.85 (03 Jul 2023) |
| INDUSINDBK | 1,375.25 | 1,393.65 | 1,386.30 (03 Jul 2023) |
| IOC | 95 | 96.41 | 96.05 (03 Jul 2023) |
| ITC | 462 | 466.05 | 466.00 (03 Jul 2023) |
| JYOTHYLAB | 228.2 | 228.6 | 227.10 (03 Jul 2023) |
| LAOPALA | 459.95 | 470.55 | 454.00 (21 Jun 2023) |
| LLOYDSME | 424.8 | 433 | 418.00 (03 Jul 2023) |
| LODHA | 715 | 722.9 | 708.75 (14 Jun 2023) |
| MAHSCOOTER | 5,649.50 | 5,747.00 | 5,602.60 (15 Nov 2022) |
| MEDANTA | 689.7 | 692 | 682.40 (15 Jun 2023) |
| PFC | 222.65 | 223.75 | 223.25 (03 Jul 2023) |
| RADICO | 1,362.40 | 1,368.90 | 1,288.00 (03 Jul 2023) |
| SHOPERSTOP | 815.5 | 828 | 827.20 (22 Jun 2023) |
| SJVN | 42.6 | 43.6 | 43.35 (03 Jul 2023) |
| SUZLON | 17.97 | 18.22 | 16.86 (03 Jul 2023) |
| TANLA | 1,057.15 | 1,083.45 | 1,080.00 (21 Jun 2023) |
| TITAN | 3,087.85 | 3,089.95 | 3,067.70 (30 Jun 2023) |
| TRENT | 1,762.65 | 1,791.60 | 1,789.95 (03 Jul 2023) |
| ULTRACEMCO | 8,460.00 | 8,501.00 | 8,499.70 (03 Jul 2023) |
04 Jul 2023, 10:35 AM (IST)
All of the five stocks are part of the 30-scrip Sensex basket:
| Stock | CMP | 52-week high | Previous 52-week high |
| BAJFINANCE | 7,848.00 | 7,916.70 | 7,777.00 (22 Sep 2022) |
| INDUSINDBK | 1,375.35 | 1,393.65 | 1,386.30 (03 Jul 2023) |
| ITC | 461.8 | 466.05 | 466.00 (03 Jul 2023) |
| TITAN | 3,087.90 | 3,089.95 | 3,067.70 (30 Jun 2023) |
| ULTRACEMCO | 8,437.10 | 8,501.00 | 8,499.70 (03 Jul 2023) |
04 Jul 2023, 11:44 AM (IST)
UltraTech Cement shares struggle below the flatline, having risen by as much as Rs 37.9 or 0.4 per cent to a record high of Rs 8,501 apiece on BSE earlier in the day.

Image: BSE
04 Jul 2023, 11:30 AM (IST)
Zee Business Managing Editor Anil Singhvi has identified the following set of key points about Senco Gold:
Positive:
Negative
04 Jul 2023, 10:20 AM (IST)
Bajaj Finance shares rise by eight per cent to hit a 52-week high of Rs 7,916.7 on BSE, after the company reports 34 per cent growth in new loan bookings in the April-June period. The company's assets under management (AUM) are up 32 per cent at Rs 2,70,050 crore, as of June 30, 2023.
CLSA has upgraded Bajaj Finance to 'buy' from 'outperform', and raised its target price to Rs 9,000 from Rs 6,600. The brokerage has also raised its earnings per share (EPS) estimate for Bajaj Fiannce by 5-6 per cent.
Bajaj Finserv shares also gain, going up as much as six per cent to Rs 1,633 apiece on the bourse.
04 Jul 2023, 10:00 AM (IST)

Image: Reuters
04 Jul 2023, 10:01 AM (IST)
Zee Business Managing Editor Anil Singhvi recommends applying for the Senco Gold IPO for listing gains as well as for the long term.
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04 Jul 2023, 9:40 AM (IST)
As many as 28 stocks in the Nifty basket are holding on to the green, led by strong gains in Bajaj Finance and Bajaj Finserv. Here's a look at some of the biggest moves in the 50-scrip basket:
| Stock | CMP | Change (%) |
| BAJFINANCE | 7,860.05 | 7.19 |
| BAJAJFINSV | 1,620.40 | 5.21 |
| HEROMOTOCO | 2,976.80 | 2.69 |
| WIPRO | 396.6 | 1.28 |
| TCS | 3,311.55 | 1.2 |
| UPL | 687.5 | 1.06 |
| TITAN | 3,069.85 | 1.04 |
| BAJAJ-AUTO | 4,653.15 | 0.92 |
| LT | 2,476.45 | 0.91 |
| TECHM | 1,131.10 | 0.86 |
| JSWSTEEL | 791.3 | -0.34 |
| BPCL | 374 | -0.35 |
| DIVISLAB | 3,565.00 | -0.63 |
| TATASTEEL | 112.35 | -0.66 |
| ULTRACEMCO | 8,407.00 | -0.67 |
| NTPC | 189.3 | -1.02 |
| RELIANCE | 2,585.00 | -1.17 |
| ONGC | 160.45 | -1.5 |
| BHARTIARTL | 862.1 | -1.94 |
| EICHERMOT | 3,479.80 | -4.16 |
04 Jul 2023, 9:31 AM (IST)
Tech Mahindra, Nestle, IndusInd, HDFC Bank and HCL Tech are also among the 21 gainers in the 30-scrip basket 15 minutes into the opening bell:

Image: BSE
04 Jul 2023, 9:21 AM (IST)
The Nifty, the Sensex and the Nifty Bank scale their highest levels ever within the first few minutes of trade.
Both headline indices — Nifty and Sensex — gain around half a per cent to scale their peaks. The Nifty rises 91 points to touch 19,413.5 and the Sensex goes up 381.6 points to
65,586.6 — both all-time highs.
Here's how their intraday charts are building up:


The banking index adds 204.7 points or 0.5 per cent to its previous close to register an unprecedented 45,362.8.
Images: NSE, BSE
04 Jul 2023, 8:33 AM (IST)
Zee Business Managing Editor Anil Singhvi sees support for the Nifty headline index coming in at 19,200-19,250 levels and a strong buy zone at 18,975-19,025 levels for the day.
For the Nifty Bank, he expects support at 44,750-44,900 levels and a strong buy zone at 44,450-44,525 levels.
04 Jul 2023, 8:05 AM (IST)
GIFT Nifty futures trade nearly unchanged at this hour, suggesting a muted start ahead on Dalal Street, having gyrated in a range of 14.5 points — between 19,435.5 and 19,450 — earlier in the day.
04 Jul 2023, 7:44 AM (IST)


The banking index gained 410.8 points or 0.9 per cent to end at a record 45,158.1.
Images: NSE, BSE
04 Jul 2023, 7:24 AM (IST)
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 through the day.
Happy trading, and happy investing!