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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
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
05 Apr 2023, 6:38 PM (IST)
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:
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)
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.
05 Apr 2023, 3:41 PM (IST)
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:


05 Apr 2023, 2:05 PM (IST)
Financial stocks
| Stock | CMP | Change (%) |
| HDFC | 2,707.30 | 2.98 |
| HDFCBANK | 1,653.85 | 2.69 |
| BAJFINANCE | 5,763.25 | 0.84 |
| MUTHOOTFIN | 988.5 | 0.74 |
| ICICIBANK | 885.5 | 0.19 |
| CHOLAFIN | 778.75 | 0.02 |
| BAJAJFINSV | 1,278.50 | -0.35 |
| AXISBANK | 860.75 | -0.45 |
| SBIN | 523.6 | -0.6 |
| SBICARD | 739.1 | -1.09 |
05 Apr 2023, 2:02 PM (IST)
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:
05 Apr 2023, 1:54 PM (IST)
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:

Image: BSE
05 Apr 2023, 1:48 PM (IST)
| Stock | CMP | Change (%) |
| LT | 2,243.6 | 3.4 |
| HDFCBANK | 1,649.8 | 2.4 |
| HDFC | 2,691.0 | 2.4 |
| TCS | 3,257.0 | 1.8 |
| ITC | 385.6 | 1.8 |
| Stock | CMP | Change (%) |
| EICHERMOT | 2,926.1 | -2.6 |
| ADANIENT | 1,689.0 | -1.7 |
| APOLLOHOSP | 4,190.0 | -1.1 |
| INDUSINDBK | 1,067.5 | -1.0 |
| NTPC | 176.0 | -1.0 |
05 Apr 2023, 1:41 PM (IST)
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)

05 Apr 2023, 12:33 PM (IST)

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:
| Brokerage | Rating | Target price | Upside/downside (%) |
| Morgan Stanley | Overweight | Rs 8,000 | +40 |
| Jefferies | Buy | Rs 7,280 | +27.4 |
| Citi | Neutral | Rs 6,400 | +12 |
| Macquarie | Underperform | Rs 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)
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.

Image: MCX
05 Apr 2023, 10:01 AM (IST)
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:
05 Apr 2023, 9:58 AM (IST)
Mehul Kothari of Anand Rathi Shares & Stock Brokers shares two recommendations with Zee Business viewers:
05 Apr 2023, 9:46 AM (IST)
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)
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:
| Stock | CMP | Change (%) |
| AEGISCHEM | 387.5 | 3.1 |
| IGL | 427.7 | 1.7 |
| OIL | 263.2 | 1.4 |
| CASTROLIND | 114 | 1.4 |
| ONGC | 155.5 | 1.2 |
| MGL | 927.6 | 0.7 |
| GSPL | 263.8 | 0.5 |
| IOC | 77.7 | 0.3 |
| GUJGASLTD | 462.2 | 0.2 |
| RELIANCE | 2,332 | 0 |
| BPCL | 329.1 | -0.3 |
| ATGL | 841 | -0.5 |
| GAIL | 104.9 | -0.6 |
| HINDPETRO | 223.9 | -0.7 |
| PETRONET | 231.8 | -0.9 |
05 Apr 2023, 9:37 AM (IST)
Here's a look at the top movers and shakers in the 30-scrip index less than 25 minutes into the opening bell:

Image: BSE
05 Apr 2023, 9:32 AM (IST)
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:

Image: NSE

Image: BSE
05 Apr 2023, 9:11 AM (IST)
Here's where the headline indices stand at the end of the pre-opening session:
05 Apr 2023, 8:46 AM (IST)
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:
05 Apr 2023, 8:39 AM (IST)
05 Apr 2023, 8:38 AM (IST)
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