Share Market HIGHLIGHTS: Sensex ends 274 pts higher, Nifty climbs to 19,439; Eicher Motors, Sun Pharma top blue-chip gainers
Share Market Today LIVE: Indian equity benchmarks held on to the green amid buying across sectors after a solid start to the day on July 11, with the Nifty blue-chip index coming within inches of an all-time high scaled last week. Investors await the onset of the corporate earnings season this week for domestic cues, with the Tata group IT giant Tata Consultancy Services (TCS) slated to report its financial results for the April-June period on Wednesday, July 12.
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.com's blog:
Share Market Today LIVE: Indian equity benchmarks held on to the green amid buying across sectors after a solid start to the day on July 11, with the Nifty blue-chip index coming within inches of an all-time high scaled last week. Investors await the onset of the corporate earnings season this week for domestic cues, with the Tata group IT giant Tata Consultancy Services (TCS) slated to report its financial results for the April-June period on Wednesday, July 12.
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.com's blog:
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Share Market HIGHLIGHTS | Sensex ends 274 pts higher, Nifty climbs to 19,439
Nifty 50
NSE's Nifty 50 climbs to 19,439, up by 0.43 per cent on Tuesday.
Source: NSE
Sensex
Sensex ends 274 pts higher at 65,617.84 on Tuesday.
Source: BSE
Share Market HIGHLIGHTS | Eicher Motors, Sun Pharma, Tata Consumer rise most in 50-scrip blue-chip basket
Eicher Motors, Sun Pharma, Tata Consumer and Apollo Hospitals are among the top gainers in the Nifty basket, trading with gains of around 3-2 per cent. On the other hand, UPL, Bajaj Finance, JSW Steel and Axis Bank are among the top losers, down nearly 2-1 per cent.
Source: NSE
Share Market Tips LIVE | Buy Craftsman Automation, AIA Engineering shares, says Vikas Sethi
Vikas Sethi of Sethi Finmart recommends buying Craftsman Automation shares for a target of Rs 4,150 with a stop loss at Rs 3,970. Besides, he recommends buying AIA Engineering shares for a target of Rs 3,400 with a stop loss at Rs 3,260.
Dividend stocks today: Dr Reddy's, JSW Steel, Persistent Systems, Balkrishna Industries among 7 scrips trade ex-date
As many as 7 stocks — Dr Reddy's Labs, JSW Steel, Persistent Systems, Sat Industries, Pix Transmissions, Neuland Laboratories, Balkrishna Industries —traded ex-dividend on Tuesday, July 11, according to the NSE website.
Persistent Systems dividend
Persistent Systems has announced a final dividend of Rs 12 per equity share and a special dividend of Rs 10 per share with a face value of Rs 10 each.
Sat Industries dividend
Sat Industries has announced a dividend of Re 0.10 per equity share with a face value of Rs 2.
JSW Steel dividend
JSW Steel has announced a dividend of Rs 3.4 per equity share with a face value of Re 1. The stock will trade ex-dividend on July 11. Read more
Share Market Today LIVE | CarTrade Tech shares jump 19% as company says it will acquire OLX Auto's India business
CarTrade Tech shares trade at Rs 578, up by Rs 91.15 or 18.72 per cent on BSE. The counter jumped as much as 18.8 per cent to Rs 578.80 apiece on the BSE intraday on Tuesday, July 11 after the company announced it had inked a pact to acquire Sobek Auto India for a consideration of Rs 537 crore. Sobek is engaged in the business of running an automotive digital platform and a classified internet business. Read more
HCL Tech Q1 results on July 12 | Here's what to expect
According to Zee Business research, HCL Tech's net profit for the April-June period is estimated at Rs 3,860 crore, down 3.1 per cent on a sequential basis.
The analysts peg its revenue growth in both rupee and dollar terms at 0.5 per cent on a quarter-on-quarter basis, to Rs 26,750 crore and $3,250 million respectively.
TCS to kick off Q1 earnings season on July 12 | Here's what to look out for
According to Zee Business research, the Tata group IT major is estimated to register 0.8 per cent sequential growth in consolidated revenue to Rs 59,650 crore for the April-June period. In dollar terms as well, its revenue is estimated to grow 0.8 per cent, to $7,250 million, according to the research.
The analysts peg Tata Consultancy Services' net profit for the three-month period at Rs 10,900 crore, as against Rs 11,392 crore for the corresponding quarter a year ago.
Read more on what to expect in TCS Q1 results
Nifty LIVE | HDFC twins, RIL, Infosys, ITC, L&T top boosts
As many as 40 stocks in the 50-blue-chip basket are holding on to the green. Here's a look at the heatmap in the pack (by weight):
Image: Niftyindices.com
Sensex LIVE | HDFC twins, Infosys, ITC, RIL top index movers
Gains in stocks such as Larsen & Toubro, Maruti Suzuki and Hindustan Unilever also supported the 30-scrip blue-chip index.
On the other hand, losses in stocks such as HCL Tech, Bajaj Finance, Axis Bank and SBI weighed on the gauge.
Image: BSE
Share Market Today LIVE | Aarti Industries, UPL hit 52-week lows
| Stock | CMP | 52-week low | Previous 52-week low |
| AARTIIND | 454 | 451.6 | 452.20 (10 Jul 2023) |
| UPL | 649.45 | 639.6 | 654.05 (29 Sep 2022) |
Share Market Today LIVE | Bharti Airtel, RIL among 27 stocks in BSE 500 universe to scale 52-week peak
HDFC Life, JSW Steel, PNB Housing Finance, Mazagon Dock and PFC are among the stocks reaching the milestone on the BSE 500, the broadest index on the bourse.
| Stock | CMP | 52-week high | Previous 52-week high |
| ABB | 4,490.65 | 4,521.35 | 4,488.00 (03 Jul 2023) |
| APOLLOTYRE | 430.6 | 433.15 | 430.75 (10 Jul 2023) |
| BAJAJ-AUTO | 4,938.55 | 4,952.00 | 4,950.00 (10 Jul 2023) |
| BBTC | 1,146.65 | 1,159.85 | 1,157.50 (10 Jul 2023) |
| BHARTIARTL | 891.1 | 893 | 889.75 (10 Jul 2023) |
| CCL | 726.85 | 733.85 | 729.50 (07 Jul 2023) |
| CGPOWER | 397.75 | 398.25 | 397.25 (31 May 2023) |
| FORTIS | 332 | 332 | 328.45 (07 Jul 2023) |
| HDFCLIFE | 677.2 | 684.7 | 678.90 (07 Jul 2023) |
| IIFL | 535.45 | 548.85 | 546.00 (10 Jul 2023) |
| JSWSTEEL | 805.85 | 817.65 | 813.80 (10 Jul 2023) |
| KALYANKJIL | 170 | 174.05 | 166.50 (07 Jul 2023) |
| MANAPPURAM | 132.65 | 134.1 | 133.90 (19 Apr 2023) |
| MAZDOCK | 1,588.75 | 1,588.75 | 1,454.10 (10 Jul 2023) |
| MEDANTA | 699.65 | 701 | 699.05 (10 Jul 2023) |
| MIDHANI | 319.2 | 320.6 | 313.80 (10 Jul 2023) |
| MINDACORP | 304.65 | 307.75 | 303.00 (07 Jul 2023) |
| MUTHOOTFIN | 1,278.05 | 1,279.35 | 1,275.00 (07 Jul 2023) |
| PCBL | 171.4 | 178.25 | 168.50 (03 Jul 2023) |
| PFC | 229.75 | 229.75 | 226.65 (06 Jul 2023) |
| PNBHOUSING | 625 | 625.5 | 615.00 (22 Jun 2023) |
| POLYCAB | 3,736.75 | 3,738.60 | 3,635.00 (30 Jun 2023) |
| RAINBOW | 1,068.00 | 1,068.00 | 1,048.25 (07 Jul 2023) |
| RECLTD | 170 | 170.4 | 169.15 (30 Jun 2023) |
| RELIANCE | 2,752.00 | 2,764.50 | 2,755.00 (10 Jul 2023) |
| TATAMTRDVR | 336.65 | 336.95 | 334.00 (10 Jul 2023) |
| WESTLIFE | 889.2 | 892.95 | 888.00 (06 Jul 2023) |
Share Market Today LIVE | Reliance registers 52-week high
The RIL stock gains by Rs 29.4 or 1.1 per cent at the strongest level of the day to touch Rs 2,764.5 apiece on BSE. That marks a second straight trading day of the stock hitting the milestone.
Share Market Today LIVE | Bharti Airtel hits 52-week high
Bharti Airtel shares gain by as much as Rs 7.2 or 0.8 per cent to Rs 893 apiece on BSE, surpassing a 52-week high of Rs 889.8 registered the previous day.
Here's how the intraday chart of the telecom stock is building up:
Share Market Today LIVE | Bharti Airtel, Bharat Forge, L&T, HAL, GIC among analysts' top picks
In conversation with Zee Business Managing Editor Anil Singhvi, market experts Himanshu Gupta, Avinash Gorakshakar, Rakesh Bansal, Kunal Saraogi and Sumeet Bagadia 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 GIC, Bharat Forge, L&T, Bharti Airtel, Escorts Kubota and HAL. Read more