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Share Market HIGHLIGHTS: Domestic equity benchmarks Nifty 50 and Sensex registered fresh record closing highs on Friday led by financial, auto and energy shares, though selling pressure in IT stocks limited the upside.
14 Jun 2024, 4:01 PM (IST)
14 Jun 2024, 3:44 PM (IST)
The rupee settles at a provisional 83.56 against the US dollar as against its pervious close of 83.55.
14 Jun 2024, 3:33 PM (IST)
14 Jun 2024, 1:44 PM (IST)
M&M shares jump by as much as Rs 81, or 2.8 per cent, to Rs 2,945 apiece on BSE, surpassing an earlier peak of Rs 2,945 registered this week.
14 Jun 2024, 3:09 PM (IST)
14 Jun 2024, 2:59 PM (IST)
Vikas Sethi of Sethi Finmart recommends buying Gujarat Mineral Development Corporation (GMDC) shares at Rs 393 for a short-term target of Rs 415 with a stop loss at Rs 387.
14 Jun 2024, 2:42 PM (IST)
Vikas Sethi of Sethi Finmart recommends buying Delhivery shares at Rs 405 for a short-term target of Rs 430 with a stop loss at Rs 400.
14 Jun 2024, 2:40 PM (IST)
Vikas Sethi of Sethi Finmart recommends buying Ion Exchange India shares at Rs 524 for a short-term target of Rs 570 with a stop loss at Rs 515.
14 Jun 2024, 1:31 PM (IST)
Sudeep Shah of SBI Securities believes Nifty50 levels of 23,650-23,700 are possible over the next 1-2 weeks.
He has an overall positive view on the market at the current juncture.
One can expect some consolidation in the market in the coming days, he adds.
14 Jun 2024, 1:11 PM (IST)
Tata Motors slipped nearly one per cent on BSE on Friday (June 14, 2024) despite leading rating agencies such as CRISIL Ratings, ICRA Ratings, and S&P Global Ratings either maintaining or raising the large-cap automaker's long-term ratings.
The stock that closed at Rs 985.75 in the previous session slipped by 0.97 per cent to Friday's low of Rs 981.40.
14 Jun 2024, 12:06 PM (IST)
National Aluminium Co Ltd (NALCO) jumped by over 4.60 per cent on BSE on Friday (June 14, 2024) after the mining PSU signed a lease agreement with Odisha Government for 698 hectares of Pottangi bauxite mining.
NALCO shares that closed trading at Rs 186.50 each on Thursday rose by 4.81 per cent on Friday to rise to the day's high of Rs 195.10 apiece.
14 Jun 2024, 11:30 AM (IST)
Zee Business sources say that Finance Minister Nirmala Sitharaman will present the full budget for FY 25 on July 22. Read more
14 Jun 2024, 11:26 AM (IST)
14 Jun 2024, 11:18 AM (IST)
Source: NSE
14 Jun 2024, 11:02 AM (IST)
HDFC Bank, RIL, M&M, and Adani Ports are the top movers in the Nifty baskets at this hour. On the contrary, TCS, Infosys, HCLTech, and L&T are among the top drags.
Here's a look at the heatmap in the 50-scrip universe by weight:
Source: NSE
14 Jun 2024, 10:34 AM (IST)
Here's what CLSA, JPMorgan, Jefferies, Citi, Nomura make of stocks such as Laurus Labs (LAURUSLABS), Vodafone Idea Ltd (VIL), Hindustan Aeronautics Ltd (HAL), and Prestige Estates (PRESTIGE):
CLSA has maintained a 'buy' call on Prestige Estates shares with a target of Rs 2,320.
JPMorgan has maintained an 'underweight' rating on Vodafone Idea Ltd (VIL) shares with a target of Rs 7. Read more
14 Jun 2024, 9:53 AM (IST)
Vodafone Idea Ltd (VIL) shares gain 1.9 per cent to the day's high of Rs 16.38 on NSE, a day after the telecom operator decided to offer a Rs 2,458-crore stake to its key long-term vendors Nokia Solutions and Networks India, and Ericsson India to partially clear certain outstanding dues. VIL
The board of Vodafone Idea has cleared allotment of shares on a preferential basis at about 35 per cent higher price compared to the follow-on offer price of the company and comes with a lock-in of 6 months. Read more
14 Jun 2024, 9:31 AM (IST)
In conversation with Zee Business Managing Editor Anil Singhvi, market experts Sacchitanand Uttekar, Kunal Saraogi, Rajesh Palviya, Rakesh Bansal, and Sumeet Bagadia share their top stock recommendations in this special segment, Pick of the Day. Read more
14 Jun 2024, 9:02 AM (IST)
14 Jun 2024, 9:16 AM (IST)
14 Jun 2024, 8:54 AM (IST)
Shares of several companies, including Bajaj Auto, L&T Technology Services, Hindustan Unilever, Torrent Power, and others traded ex-date today, June 14, as per data available on NSE.
Bajaj Auto has announced a dividend of Rs 80 per equity share and a record date of June 14.
Bikaji Foods International has announced a dividend of Re 1 per equity share and a record date of June 14.
Canara Bank has announced a dividend of Rs 3.2 per equity share and a record date of June 14. Read more
14 Jun 2024, 8:39 AM (IST)
In this edition of Traders' Diary, the Zee Business research team shares exclusive research on 20 stocks that investors and traders can track on Friday, June 14, 2024. Check out the complete list of stocks on analysts Kushal Gupta and Nupur Jainkunia's radar.
Here's the complete list of investment and trading ideas for the day:
Buy NESCO shares in the cash segment for a target price of Rs 1,010 with a stop loss at Rs 970
Sell Vedanta futures for a target price of Rs 430 with a stop loss at Rs 446. Read more
14 Jun 2024, 8:27 AM (IST)
The rating agencies have increased the credit rating of the auto major. CRISIL has upgraded the company's long term rating from AA/Positive to AA+/Stable. Similarly, S&P Global Ratings has upgraded the long-term rating of Tata Motors and TML Holdings from BB+/Positive to BB+/Watch Positive.
Bajaj Auto shares are scheduled to trade ex-dividend on Friday, June 14.
Puravankara has received in-principle approval to raise up to Rs 1,000 crore through a QIP issue in one or more phases. Read more
14 Jun 2024, 8:26 AM (IST)
GIFT Nifty futures — an early indicator of the Nifty 50 index — are up 21,25 points or 0.09 per cent at 23,420 ahead of the opening bell on Dalal Street.
14 Jun 2024, 8:26 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!