Share Market HIGHLIGHTS: Nifty scales record closing high of 19,749, Sensex gains 205 pts to end at record 66,795
Share Market HIGHLIGHTS: Continuing with the new normal, i.e., scaling fresh peaks every day, the benchmark indices ended at new record closing highs on July 18, Tuesday. 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.coms blog.
Share Market HIGHLIGHTS: Continuing with the new normal, i.e., scaling fresh peaks every day, the benchmark indices ended at new record closing highs on July 18, Tuesday. The S&P BSE Sensex jumped 205 points, or 0.31 per cent to 66,795.14 levels, while the NSE's Nifty ended at 9,749, up 37.80 points, or 0.19 per cent. During the day, the 30-share index of the BSE hit an all-time peak of 67,007.02. NSE's Nifty reached a milestone of 19,819.45 intraday. On the Sensex, Infosys (up nearly 4 per cent) was the biggest gainer, followed by Asian Paints (up 1.50 per cent) and HCL Tech (up over 1 per cent).
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Share Market HIGHLIGHTS | Nifty scales record closing high of 19,749, Sensex gains 205 pts to end at record 66,795
Nifty 50
Nifty scales record closing high of 19,749, down by 0.19 per cent on Tuesday.
Source: NSESensex
Sensex gains 205 points to end at a closing high of 66,795.
Source: BSE
Share Market HIGHLIGHTS | Infy, Asian Paints, HCL Tech rise most in 50-scrip blue-chip basket
Infy, Asian Paints, HCL Tech, RIL and Hero MotoCorp are among the top gainers in the Nifty basket, trading with gains of around 4-1 per cent. On the other hand, LTIM, HDFC Life, SBI and Britannia are among the top losers, down nearly 3-1 per cent.
Source: NSE
Share Market Tips LIVE | Buy EIL, Rolex India shares, says Vikas Sethi
Vikas Sethi of Sethi Finmart recommends buying EIL shares for a target of Rs 140 with a stop loss at Rs 124. Besides, he recommends buying Rolex India shares for a target of Rs 2,260 with a stop loss at Rs 2,150.
Share Market Today LIVE | ICICI Prudential Q1 net profit jumps 33% to Rs 207 crore, beat analysts' estimates
Private sector insurer ICICI Prudential Life Insurance Company reports a standalone net profit of Rs 206.9 crore for the April-June period, marking a rise of 32.9 per cent compared with the corresponding period a year ago and beating analysts' estimates. Its net premium income increases two per cent on a year-on-year basis to Rs 7,020 crore, according to a regulatory filing. Read more
Polycab Q1 Results | Net profit rises 82% YoY to Rs 399.2 crore
Polycab India reports an 81.7 per cent year-on-year (YoY) rise in its consolidated net profit at Rs 399.2 crore against Rs 219.7 crore registered in the corresponding quarter of the previous fiscal. Revenue from operations for the quarter under review stands at Rs 3,889.38 crore, up 42.1 per cent against Rs 2,736.5 crore in the year-ago period. Read more
Share Market Today LIVE | Apollo Hospitals, Can Fin Homes, others hit 52-week highs
As many as 37 stocks in the BSE 500 basket — the broadest index on the bourse — reached the milestone.
Stock CMP 52 Weeks High Previous 52 Weeks High(Price/Date) All Time High(Price/Date) 360ONE 516.05 538 535.40 (17 Jul 2023) 2,029.65 (24 Jan 2023) ALKEM 3,635.20 3,659.05 3,654.80 (17 Jul 2023) 4,067.70 (24 Sep 2021) APOLLOHOSP 5,129.10 5,320.00 5,319.45 (17 Jul 2023) 5,930.70 (26 Nov 2021) ASHOKLEY 172.3 174.95 174.70 (17 Jul 2023) 310.50 (14 Jan 2004) CANFINHOME 794.65 814.95 814.25 (17 Jul 2023) 3,333.00 (22 Jun 2017) CAPPL 865.1 885.95 885.10 (17 Jul 2023) 1,639.00 (03 Sep 2015) CGPOWER 418.65 419.7 410.60 (17 Jul 2023) 3,000.00 (31 Mar 1992) CHALET 465.3 468.1 462.20 (11 Jul 2023) 468.10 (18 Jul 2023) COLPAL 1,843.55 1,855.75 1,854.30 (17 Jul 2023) 2,198.50 (15 Apr 2015) ECLERX 1,798.75 1,850.35 1,841.95 (17 Jul 2023) 2,970.00 (13 Jan 2022) ESABINDIA 4,459.35 4,483.35 4,482.85 (17 Jul 2023) 4,483.35 (18 Jul 2023) FSL 138 142.55 142.00 (17 Jul 2023) 242.65 (19 Jul 2021) GLENMARK 713.55 719.4 709.50 (17 Jul 2023) 1,261.95 (21 Aug 2015) HDFCAMC 2,372.25 2,407.00 2,399.40 (17 Jul 2023) 3,844.00 (22 Nov 2019) ICICIBANK 977.35 987.65 973.50 (17 Jul 2023) 1,796.80 (03 Dec 2014) IIFL 557 564 554.30 (17 Jul 2023) 1,974.90 (01 Jan 2008) KAJARIACER 1,353.35 1,359.25 1,351.05 (13 Jul 2023) 1,424.90 (29 Sep 2016) LAXMIMACH 14,028.00 14,444.00 14,418.00 (17 Jul 2023) 39,418.95 (06 Dec 2006) MAZDOCK 1,729.80 1,776.40 1,766.00 (13 Jul 2023) 1,776.40 (18 Jul 2023) MEDPLUS 907.3 943.1 907.90 (17 Jul 2023) 1,343.00 (20 Jan 2022) METROBRAND 1,069.75 1,096.75 1,090.00 (17 Jul 2023) 1,096.75 (18 Jul 2023) MHRIL 334.2 337.75 334.45 (17 Jul 2023) 657.90 (07 Jul 2017) MINDACORP 300.8 309.95 309.00 (17 Jul 2023) 309.95 (18 Jul 2023) NATIONALUM 92.5 93.89 93.73 (17 Jul 2023) 565.90 (29 May 2008) NCC 138.45 141.4 139.45 (17 Jul 2023) 1,174.90 (22 Aug 2005) PGHH 15,926.75 15,932.55 15,764.25 (17 Jul 2023) 16,466.40 (17 Mar 2022) PNB 61.66 63.29 62.79 (17 Jul 2023) 1,395.00 (09 Nov 2010) POLYCAB 3,987.15 4,010.10 3,950.00 (17 Jul 2023) 4,010.10 (18 Jul 2023) RAYMOND 1,825.85 1,877.95 1,872.00 (17 Jul 2023) 1,877.95 (18 Jul 2023) RELIANCE 2,802.40 2,838.00 2,816.00 (17 Jul 2023) 3,252.10 (15 Jan 2008) SAREGAMA 441.85 460 444.00 (27 Jun 2023) 5,487.00 (28 Dec 2021) SHYAMMETL 375.05 387.4 381.00 (17 Jul 2023) 461.15 (20 Jul 2021) SONATSOFTW 1,041.00 1,094.00 1,080.60 (17 Jul 2023) 2,936.60 (16 Feb 2000) SUPREMEIND 3,479.90 3,522.00 3,487.20 (14 Jul 2023) 3,522.00 (18 Jul 2023) UNITDSPR 959.9 982.3 977.00 (17 Jul 2023) 4,080.00 (05 Mar 2015) WELCORP 305.25 314.5 312.45 (10 Jul 2023) 537.70 (17 Jan 2008) Share Market Today LIVE | Amara Raja Batteries shares slip 6% after 2.46 crore shares change hands via multiple block deals
Shares of Amara Raja Batteries trade at 649.1, down by 5.22 per cent on BSE. The counter tumbled over 6 per cent after 2.46 crore shares changed hands via multiple block deals. As per Zee Business report, foreign investor Clarios ARBL Holding LP was likely to exit the automotive battery manufacturer via a stake sale in a block deal on July 18.
Shares of Amara Raja Batteries tumbled over 6 per cent after 2.46 crore shares changed hands via multiple block deals. As per Zee Business report, foreign investor Clarios ARBL Holding LP was likely to exit the automotive battery manufacturer via a stake sale in a block deal on July 18. Read more
Share Market Tips LIVE | Buy SBI, NTPC futures, says Soni Patnaik
Soni Patnaik of JM Financial Services shares two trading calls:
- Buy NTPC futures for target of Rs 200 and Rs 205 with a stop loss at Rs 182
- Buy SBI futures for targets of Rs 620 and Rs 640 with a stop loss at Rs 585
Share Market Tips LIVE | Buy Tata Consumer futures, sell Tata Chemicals futures, says Shilpa Rout
Shilpa Rout of Prabhudas Lilladher shares two derivatives calls on Tata group stocks:
- Buy Tata Consumer Products futures for targets of Rs 885 and Rs 890 with a stop loss at Rs 848
- Sell Tata Chemicals futures for a target of Rs 940 with a stop loss at Rs 1,000-1,005 levels
Share Market Tips LIVE | Buy Nifty futures for targets of 19,850, 19,900, says Shilpa Rout
Shilpa Rout of Prabhudas Lilladher recommends going long on Nifty futures for targets of 19,850 and 19,900 with a stop loss at 19,650.
Nifty LIVE | Infosys, ICICI Bank, RIL, TCS, Asian Paints top contributors to upmove
Here's a look at the heatmap in the 50-scrip universe (by weight):
Image: Niftyindices.com
MARKET AT ALL-TIME HIGH | Sensex crosses 67,000 mark for the first time; Nifty at 19,819.45
Stocks To Buy | PNB, SBI, ICICI Bank, CCL Products among analysts' top picks
In conversation with Zee Business Managing Editor Anil Singhvi, market experts Himanshu Gupta, Kunal Saraogi, Avinash Gorakshakar, Sumeet Bagadia and Sandeep Wagle 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 PNB, SBI, ICICI Bank, CCL Products, Kotak Bank and Indus Towers. Read more
Share Market Today LIVE | Infosys to provide AI and automation-led development to one of its existing clients; stock trades in green
Infosys, the IT services bellwether, announced on July 18 (Tuesday) that it has entered into a framework agreement with one of its existing strategic clients to provide artificial intelligence (AI) and automation-led development, modernisation, and maintenance services. The total client target spend over five years is estimated at $2 billion, the company said in its statement. The stock trades nearly 0.6 per cent higher at Rs 1,431 on the BSE. Read more
Share Market Today LIVE | ICICI Bank, RIL hit 52-week high
Shares of ICICI Bank and RIL clock a new 52-week high.
Stock CMP 52 Weeks High Previous 52 Weeks High(Price/Date) All Time High(Price/Date) ICICIBANK 978 982.4 973.50 (17 Jul 2023) 1,796.80 (03 Dec 2014) RELIANCE 2,809.95 2,825.95 2,816.00 (17 Jul 2023) 3,252.10 (15 Jan 2008) Share Market Today LIVE | Sheela Foam pares gains after jumping 15% in opening deals; firm acquires Kurl-on & Furlenco Furniture
Shares of Sheela Foam trim early morning gains to trade at Rs 1293.9, up by nearly 9 per cent on BSE on Tuesday. The counter jumped as much as 14.76 per cent to hit a high of Rs 1,363.55 apiece on the BSE in the opening deals.
The stock was in demand after the company announced two simultaneous deals, with a controlling stake in Kurlon Enterprises Limited (flagship brand Kurl-on --- Mattress of India) and a stake in Furlenco furniture (India’s fastest growing online furniture brand owned and operated by “House of Kieraya Private Limited” or “HOK”). Read more
Share Market Today LIVE | LTIMindtree shares under pressure after IT major's Q1 results disappoint Street; what should investors do?
LTIMindtree shares are under pressure on Tuesday, a day after the IT major reported a set of quarterly results that fell short of analysts' expectations on all fronts. The LTIMindtree stock — trades on bourses with the symbol LTIM — drops by as much as Rs 189.3 or 3.7 per cent to Rs 4,944.7 apiece on BSE.
LTIMindtree Q1 results: A summary
After market hours on Monday, LTIMindtree reported a consolidated net profit of Rs 1,152 crore for the quarter ended June 2023, marking an increase of 3.4 per cent compared with the previous three months. Its revenue increased 0.1 per cent sequentially to Rs 8,702 crore or $1,058.7 million, according to a regulatory filing. Read more
Share Market Today LIVE | Nifty crosses 19,800 for first time ever, Sensex rises over 350 pts to all-time high of 66,985
Nifty 50
Nifty50 index trades at 19,773.15, up 62.3 points or 0.32 per cent in the opening deals.
Source: NSESensex
S&P BSE Sensex trades at 66,891.17, up 301 points or 0.45 per cent in the opening deals.
Source: BSE
MARKET AT ALL-TIME HIGH | Nifty scales fresh peak of 19,810, Sensex at 66,985.5
MARKET AT ALL-TIME HIGH | Nifty scales fresh peak of 19,798.65, Sensex at 66,928.08; Nifty Bank at new life high of 45,794.3
Anil Singhvi Market Strategy | Important levels to track in Nifty, Nifty Bank today
Zee Business Managing Editor Anil Singhvi sees support for the Nifty headline index coming in at 19,565-19,600 levels and a strong buy zone at 19,500-19,525 levels on Tuesday, July 18. For the Nifty Bank, he expects support at 45,225-45,350 levels and a strong buy zone at 45,075-45,175 levels.
Read more on how Anil Singhvi views the Indian share market today and what he recommends
Dividend Stocks | Poonawalla Fincorp, DCM Shriram, UTI AMC, 2 other stocks to trade ex-date today
A total of 6 — Orient Bell, UTI AMC, Poonawalla Fincorp, Precision Camshafts, TTK Healthcare and DCM Shriram — stocks will trade ex-dividend on Tuesday, July 18, according to the NSE website.
Orient Bell dividend
Orient Bell has announced a dividend of Re 1 per equity share with a face value of Rs 10.
UTI Asset Management Company dividend
UTI Asset Management Company has announced a dividend of Rs 22 per equity share with a face value of Rs 10. Read more
Shares To Watch | Suzlon Energy, LTIMindtree, Tata Elxsi, others
Following are the stocks to track on Tuesday:
LTIMindtree
The IT services and consulting company announced its April-June quarter results on Monday, registering an above 3 per cent jump to Rs 1151.5 crore in its quarter-on-quarter (QoQ) net profit. The company's revenue from operations also rose marginally QoQ, from Rs 8,691 crore to Rs 8,702.1 crore, while its year-on-year net profit saw a growth of 4.15 per cent.
Tata Elxsi
Tata Elxri announced its first quarter results on Monday, clocking a marginal rise of 2 per cent in its net profit to Rs 189 crore. In its BSE filing, the company said that its revenue from operations also grew 17 per cent to Rs 850 in the quarter under review. The results were declared after the close of the stock market. Read more
Share Market Today LIVE | GIFT Nifty futures indicate a positive start ahead on Dalal Street
GIFT Nifty futures — an early indicator of the Nifty 50 index — are up 34 points or 0.17 per cent at 19,769 ahead of the opening bell on Dalal Street.
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