Share Market HIGHLIGHTS: Sensex soars 2,076 pts in four days, Nifty reclaims 17,550; HDFC twins top movers

Share Market HIGHLIGHTS: Indian equity benchmarks Nifty 50 and Sensex held on to the green after a mildly positive start on Wednesday, April 5, as the Indian share market resumed trading following the Mahavir Jayanti holiday. The Indian share market shrugged off largely negative cues from its global peers, as signs of a slowing US labour market and slowing manufacturing activity led to nervousness among investors about the economic outlook. All eyes back home remain on a key decision on benchmark interest rates by RBI Governor Shaktikanta Das-led Monetary Policy Committee due on Thursday. Catch HIGHLIGHTS of all the action in the Indian share market on April 5, 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 HIGHLIGHTS: Sensex soars 2,076 pts in four days, Nifty reclaims 17,550; HDFC twins top movers
Share Market HIGHLIGHTS: Sensex and Nifty extended gains to a fourth straight session, driven by gains across sectors with financial, FMCG and IT stocks being the top movers. | Image: Reuters

Share Market HIGHLIGHTS: Indian equity benchmarks Nifty 50 and Sensex extended gains to a fourth straight on Wednesday, April 5, as Dalal Street returned to trade after a day's holiday on account of Mahavir Jayanti. The extended rally was driven by broad-based gains, with financial, FMCG and IT shares being the top contributors. Globally, equities saw largely negative moves amid nervousness among investors, triggered by signs of a slowing labour market and weaker manufacturing activity in the world's largest economy.

Investors the world over also remained cautious about the next batch of vulnerable businesses in the global banking system, after the sudden failure of Silicon Valley Bank (SVB) and Signature Bank rocked banking shares last month.

Back home, investors awaited a key decision on benchmark interest rates by RBI Governor Shaktikanta Das-led Monetary Policy Committee, due at 10 am Thursday. Will the RBI announce another repo rate hike? Catch latest updates on the MPC's first policy review of the new financial year

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nifty live share market today

Larsen & Toubro (LT), HDFC, HDFC Bank (HDFCBANK), ITC, Hindustan Unilever (HINDUNILVR), Grasim, Sun Pharma (SUNPHARMA), Tata consumer (TATACONSUM) and Titan rose the most among the 37 gainers in the Nifty50 basket. On the other hand, Eicher Motors (EICHERMOT), Mahindra & Mahindra (M&M), IndusInd Bank (INDUSINDBK), NTPC, Adani Enterprises (ADANIENT), Apollo Hospitals (APOLLOHOSP) and SBI (SBIN) were the worst hit among the blue-chip laggards.

HDFC Bank, HDFC, Larsen & Toubro, ITC and Infosys were the biggest boosts for both Nifty 50 and Sensex.

Among broader indices, the Nifty Midcap 100 finished flat and the Nifty Smallcap 100 rose 0.7 per cent. Overall market breadth favoured the bulls, as 2,556 stocks rose and 992 fell at the close on BSE.

Meanwhile, domestic gold prices hovered near record highs scaled in the evening session the previous day. Read more on gold crossing Rs 61,000 mark for the first time and what analysts recommend on the yellow metal

Catch HIGHLIGHTS of all the action in the Indian share market on April 5, 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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05 Apr 2023, 6:38 PM (IST)

Global Market Update | Dow Jones, Nasdaq Composite, S&P 500 futures suggest a muted start ahead in US stock market 

Here's where the futures contracts of the three main Wall Street gauges — the Dow Jones, the S&P 500 and the Nasdaq Composite — stand at this hour: 

  • Dow Jones: down 15 points at 33,562
  • S&P 500: down 2.8 points at 4,126.3
  • Nasdaq Composite: up 1.3 point at 13,220.3

The US stock market is all set to open at 7 pm India time today. 

05 Apr 2023, 6:36 PM (IST)

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05 Apr 2023, 4:08 PM (IST)

Global Market LIVE | European shares fall after data signals slower economic recovery in region

European shares continue to struggle below the flatline, as investors remain cautious about data signalling a slower-than-expected pickup in economic recovery in the euro zone. The pan-European Stoxx 600 index is down 0.3 per cent.

  • UK's FTSE 100: up 24.5 points or 0.3 per cent at 7,659
  • France's CAC: down 20.6 points or 0.3 per cent at 7,324.4
  • Germany's DAX: down 88.2 points or 0.6 per cent at 15,515.2

05 Apr 2023, 3:41 PM (IST)

Share Market Update | Sensex takes rally to 2,076 pts in four days, Nifty reclaims 17,550 led by financial, FMCG, IT stocks; HDFC twins, ITC, L&T top movers

The Nifty 50 adds 159 points or 0.9 per cent to end at 17,557.1, having risen to as high as 17,570.6 in intraday trade. The Sensex finishes the day with a gain of 582.9 points or one per cent at 
59,689.3, taking its rally to 2,075.6 points in four back-to-back sessions. 

Here's how the headline indices moved through the day: 

Nifty 50 

nifty live share market today

Sensex 

sensex live share market today

05 Apr 2023, 2:05 PM (IST)

All eyes on RBI rate decision tomorrow; here's what rate-sensitive baskets look like

Financial stocks

StockCMPChange (%)
HDFC2,707.302.98
HDFCBANK1,653.852.69
BAJFINANCE5,763.250.84
MUTHOOTFIN988.50.74
ICICIBANK885.50.19
CHOLAFIN778.750.02
BAJAJFINSV1,278.50-0.35
AXISBANK860.75-0.45
SBIN523.6-0.6
SBICARD739.1-1.09

05 Apr 2023, 2:02 PM (IST)

Global Market LIVE | European shares begin the day largely in the red

European markets start the day weaker, with the pan-continental Stoxx 600 index trading 1.1 point or 0.2 per cent lower at 456.3. Here's where the three main gauges in the region stand at this hour: 

  • UK's FTSE 100: up 18.8 points or 0.3 per cent at 7,653.3 
  • France's CAC: down 12.2 points or 0.2 per cent at 7,332.7
  • Germany's DAX: down 32.4 points or 0.2 per cent at 15,571.1 

05 Apr 2023, 1:54 PM (IST)

Share Market Today LIVE | Paytm shares hold on firmly to the green after Q4 update points to robust payments, loan businesses  

Paytm parent One97 Communications' shares maintain a gain of one per cent. According to a business update by Paytm, the digital payments company hit a new milestone in offline payments with the deployment of 6.8 million devices in the quarter ended March 2023. The customer engagement on its Paytm Super App average a record 90 million transacting users a mongh, marking year-on-year growth of 27 per cent.

Here's how the Paytm stock has moved so far today:

paytm share price today BSE NSE

Image: BSE

05 Apr 2023, 1:48 PM (IST)

Nifty LIVE | Larsen & Toubro, HDFC Bank, HDFC rise most among 35 gainers in 50-scrip basket

Top Nifty 50 gainers

StockCMPChange (%)
LT2,243.63.4
HDFCBANK1,649.82.4
HDFC2,691.02.4
TCS3,257.01.8
ITC385.61.8

Top Nifty 50 laggards

StockCMPChange (%)
EICHERMOT2,926.1-2.6
ADANIENT1,689.0-1.7
APOLLOHOSP4,190.0-1.1
INDUSINDBK1,067.5-1.0
NTPC176.0-1.0

05 Apr 2023, 1:41 PM (IST)

Share Market Tips LIVE | Buy Coal India (COALINDIA) shares, says Kunal Shah 

Kunal Shah of Nirmal Bang shares one recommendation with Zee Business viewers. He recommends going long on Coal India for targets of Rs 235 and Rs 240 with a stop loss at Rs 210. 

 

05 Apr 2023, 12:45 PM (IST)

Nifty LIVE | HDFC twins, L&T, ITC, TCS, Infosys top boosts for headline index

nifty live share market today

05 Apr 2023, 12:33 PM (IST)

Buzzing Stocks | Nykaa shares zoom nearly 10%

Nykaa shares, stock market today, Sensex, Nifty, buzzing stocks, stocks to watch

05 Apr 2023, 11:43 AM (IST)

Q4 Update Impact | Bajaj Finance shares hold on to the green after NBFC clocks 20% growth in new loans in Jan-Mar 2023

 

Bajaj Finance shares gain by Rs 233 or 4.1 per cent to Rs 5,946 apiece at the strongest level of the day. 

Some of the top brokerages have mixed views on the company. Here's what they make of the NBFC after its Q4 update: 

 

BrokerageRatingTarget priceUpside/downside (%)
Morgan StanleyOverweightRs 8,000+40
JefferiesBuyRs 7,280+27.4
CitiNeutralRs 6,400+12
MacquarieUnderperformRs 5,200-9

Bajaj Finance's loan growth is better than Morgan Stanley's estimates. 

 

According to Citi, the NBFC's core AUM growth is on expected lines. 

 

05 Apr 2023, 10:53 AM (IST)

Gold Rate Today | Yellow metal futures come within inches of Tuesday's all-time high 

MCX gold futures (June 5) gain by as much as Rs 129 or 0.2 per cent to Rs 61,137, almost revisiting an all-time high of Rs 61,145, touched in the evening session on Tuesday. The bourse remained shut for the morning session on Tuesday on account of the Mahavir Jayanti holiday. 

gold rate live

Image: MCX

05 Apr 2023, 10:01 AM (IST)

Global Market Update | Dow Jones, S&P 500, Nasdaq Composite futures flat

The futures contracts of the three main US stock market indices — the Dow Jones Industrial Average, the S&P 500 and the Nasdaq Composite — are flat at this hour: 

  • Dow Jones: up eight points at 33,585 
  • S&P 500: up 0.3 point at 4,129.3
  • Nasdaq Composite: down 4.3 points at 13,214.8

Here's how the US stock market fared on April 4

05 Apr 2023, 9:58 AM (IST)

Share Market Tips LIVE | Buy Bajaj Finance futures, Varun Beverages, says Mehul Kothari

Mehul Kothari of Anand Rathi Shares & Stock Brokers shares two recommendations with Zee Business viewers: 

  • Buy Varun Beverages for a target price of Rs 1,510 with a stop loss at Rs 1,420
  • Buy Bajaj Finance futures for a target of Rs 5,980 with a stop loss at Rs 5,810

05 Apr 2023, 9:46 AM (IST)

Share Market Tips LIVE | Buy BLS International shares, says Sandeep Jain

Sandeep Jain of Tradeswift Broking suggests buying BLS International Services shares for a target of Rs 200 with a perspective of 4-6 months. 

05 Apr 2023, 9:39 AM (IST)

Share Market Today LIVE | ONGC, Oil India shares rise after government removes windfall tax on domestically-produced crude oil

Both the stocks are holding on to the green with gains of more than one per cent. The Nifty Oil & Gas index is up 0.2 per cent, having risen as much as 0.8 per cent earlier in the day with ONGC being the top boost. 

Here's what the entire oil & gas basket looks like: 

StockCMPChange (%)
AEGISCHEM387.53.1
IGL427.71.7
OIL263.21.4
CASTROLIND1141.4
ONGC155.51.2
MGL927.60.7
GSPL263.80.5
IOC77.70.3
GUJGASLTD462.20.2
RELIANCE2,3320
BPCL329.1-0.3
ATGL841-0.5
GAIL104.9-0.6
HINDPETRO223.9-0.7
PETRONET231.8-0.9

05 Apr 2023, 9:37 AM (IST)

Sensex LIVE | Bajaj, HDFC twins, ITC top movers

Here's a look at the top movers and shakers in the 30-scrip index less than 25 minutes into the opening bell: 

sensex live share market today

Image: BSE

05 Apr 2023, 9:32 AM (IST)

Share Market Today LIVE | Nifty rises all the way to 17,470, Sensex gains over 250 pts led by HDFC, Bajaj twins, ONGC 

Both headline indices gain around half a per cent in early deals. The Sensex rises 269.6 points to touch 59,376 at the strongest level of the day so far, and the Nifty50 climbs to as high as 17,470.5, up 72.4 points from its previous close.

Here's how their intraday charts are building up: 

Nifty 50 LIVE

nifty live share market today

Image: NSE

Sensex LIVE

sensex live share market today

Image: BSE 

 

05 Apr 2023, 9:11 AM (IST)

Share Market Today LIVE | Sensex down 12 pts at 59,095 in pre-open market 

Here's where the headline indices stand at the end of the pre-opening session: 

  • Sensex down 11.7 points at 59,094.7 
  • Nifty up 24.3 pts or 0.1 per cent at 17,422.3

05 Apr 2023, 8:46 AM (IST)

Global Market LIVE | Asian stocks a mixed bag after weak handover from US stock market as Dow slides almost 200 pts

Equities in other major markets across Asia see mixed moves this morning, as signs of a slowing US jobs market fuels caution about the economic outlook. MSCI's broadest index of Asia Pacific shares outside Japan is up 0.2 per cent. 

Here's where some of the key indices in the region stand:

  • Japan's Nikkei 225: down 399.9 points or 1.4 per cent at 27,887.6
  • Singapore's Straits Times: up 14 points or 0.4 per cent at 3,325.2  
  • Hong Kong's Hang Seng: down 134.6 points or 0.7 per cent at 20,274.6
  • South Korea's KOSPI: up 8.6 points or 0.4 per cent at 2,489.1
  • China's Shanghai Composite: up 16.2 points or 0.5 per cent at 3,312.6

 

 

05 Apr 2023, 8:39 AM (IST)

Share Market Today LIVE | SGX Nifty futures indicate a negative start on Dalal Street

Singapore Exchange (SGX) Nifty futures — an early indicator of the Nifty 50 index —are down 69 points or 0.4 per cent at 17,506 at this hour, having largely traded in negative territory earlier in the day. 

05 Apr 2023, 8:38 AM (IST)

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