Share Market News Today | Sensex, Nifty, Share Prices Highlights: Domestic indices ended the weekly F&O expiry session at record highs. The NSE Nifty 50’s new 52-week high is 19,991.85, just 9 points away from the 20,000 mark. The 30-share Sensex fresh record high is 67,619.17 and Bank Nifty’s all-time high is set at 46,256.20. Meanwhile, the NSE Nifty 50 surged 146 points or 0.74% to close at 19,979.15 and BSE Sensex jumped 474.46 points or 0.71% to settle at 67,571.90 today. In sectoral indices, Bank Nifty soared 517.60 points or 1.13% to 46,186.90, Nifty Financial Services gained 1.02%, Nifty FMCG jumped 1.35%, Nifty Pharma advanced 1.46% while Nifty IT fell 0.66%. The top gainers on Nifty 50 were ITC, Kotak Bank, ICICI Bank, Dr Reddy’s Laboratories and Grasim while the losers were Infosys, UltraTech Cement, Bajaj Finserv, Eicher Motors and Britannia.
Live Updates
Share Market Today | Sensex, Nifty, BSE, NSE, Share Prices, Stock Market Highlights
16:22 (IST) 20 Jul 2023 Where is share market headed after Nifty makes new high at 19991, Sensex at 67619
Benchmark indices NSE Nifty 50, and BSE Sensex made new all-time highs today amid positive domestic market sentiment and ended Thursday’s trading session broadly in green. The Nifty 50 jumped 146 points or 0.74% to close at 19,979.15 after making a new 52-week high of 19,991.85 intraday. The Sensex surged 474.46 points or 0.71% to settle at 67,571.90 after hitting a fresh all-time high at 67,619.17 intraday.
Check Support & Resistance
15:36 (IST) 20 Jul 2023 Nifty, Sensex end in green
The NSE Nifty 50 surged 146 points or 0.74% to 19,979.15 and BSE Sensex jumped 474.46 points or 0.71% to 67,571.90.
15:25 (IST) 20 Jul 2023 NSE Nifty 50 inches away from 20,000, Sensex, Bank Nifty again make all-time highs
NSE Nifty 50, BSE Sensex and Bank Nifty made new all-time highs today amid positive domestic market sentiment. The NSE Nifty 50’s new 52-week high is 19,991.85, just 9 points away from the 20,000 mark. The 30-share Sensex fresh record high is 67,619.17 and Bank Nifty’s all-time high is set at 46,256.20. ITC, Dr Reddy’s Laboratories, Reliance Industries Ltd (RIL), Kotak Bank, ICICI Bank and Sun Pharma pushed the major indices to record highs on Thursday.
What should investors do?
14:09 (IST) 20 Jul 2023 Bank Nifty makes new all-time high at 46,134.55; check top gainers & losers
Bank Nifty jumped 1% and made new all-time high at 46,134.55 today. The top gainers on the index were Kotak Bank, ICICI Bank, SBIN, Axis Bank and IndusInd Bank while the losers were Bandhan Bank, IDFC First Bank and Bank of Baroda.
12:17 (IST) 20 Jul 2023 Sensex makes new all-time high at 67,183.5; check top gainers/losers
The 30-share BSE Sensex made a new all-time high at 67,183.5 today. The top gainers were ITC, Sun Pharma, Reliance Industries Ltd (RIL), Kotak Bank and SBIN while the losers were Infosys, HCL Tech, UltraTech Cement, TCS and Wipro.
12:14 (IST) 20 Jul 2023 Nifty makes new all-time high at 19,869.40; check top gainers & losers
The NSE Nifty 50 made a new all-time high at 19,869.40 today. The top gainers were Dr Reddy’s Laboratories, ITC, Reliance Industries Ltd (RIL), Sun Pharma and Cipla while the losers were Infosys, UltraTech Cement, HCL Tech, Hero Motocorp and Eicher Motors.
10:52 (IST) 20 Jul 2023 Dr Reddy’s Labs stock makes new all-time high today after Andhra Pradesh facility clears US FDA inspection
Dr Reddy’s Laboratories share price jumped 1.86% today and made a new all-time high at Rs 5,318.75 after the United States Food & Drug Administration (USFDA) completed Pre-Approval Inspection (PAI) and a routine GMP inspection at the company’s API manufacturing facility in Srikakulam, Andhra Pradesh and closed the inspection with zero observations and classification of No Action Indicated (NAI). Dr Reddy’s Laboratories stock has jumped 8.6% in the last one month and 19% in the past one year.
Read Full Story
10:51 (IST) 20 Jul 2023 Infosys stock tanks over 1% today ahead of Q1 earnings; IT major may post low single-digit sequential growth
Infosys share price tanked 1.3% to Rs 1455.55 ahead of the first quarter results announcement. Analysts expect Infosys to post low single-digit sequential growth in revenue in INR terms and mid-teens growth in profitability. They further expect the IT major to report soft 0.8% on-quarter growth in CC terms Q1FY24E. Infosys stock has gained nearly 12% in the last one month and has fallen 4% in the past one year.
Read Full Story
09:54 (IST) 20 Jul 2023 Reliance Industries pre-open auction ends, price settles at Rs 2580; Jio Financial Services shares at Rs 261.85
Reliance Industries stock price has been found at Rs 2580, as the pre-open auction ended at 9.45 am. This comes at a 9.2% discount from yesterday’s closing price of Rs 2,841.85 on the NSE. The pre-open auction was conducted for price discovery of RIL stock without the inclusion of the Jio Financial Services arm, which is now valued at Rs 261.85.
Read Full Story
09:21 (IST) 20 Jul 2023 Nifty, Sensex open in red
The NSE Nifty 50 dipped 25.50 points or 0.13% to 19,807.65 and BSE Sensex fell 106.08 points or 0.16% to 66,991.36.
08:43 (IST) 20 Jul 2023 All eyes on Nifty nearing crucial 20,000 mark
“Markets may see a steady opening on the back of sluggish cues from global indices. However, with the absence of any major negative news, the upward march is likely to continue, although valuations appear to be getting expensive after the gush of foreign flows in the past few months. While the big event of the day is going to be the demerger of Jio Financial Services from Reliance Industries, the focus will also be on key corporate earnings from Infosys, Hindustan Unilever, etc. among others. If aggressive buying by foreign investors continues, all eyes will be on Nifty as it is nearing the crucial 20,000 mark,” said Prashanth Tapse, Senior VP (Research), Mehta Equities Ltd.
08:41 (IST) 20 Jul 2023 Bank Nifty support at 45300-45200; resistance at 45800
“Bank Nifty has managed to hold the support zone between 45300 and 45200, which is a positive sign for the buyers. The immediate resistance on the upside is situated at 45800. If the index manages to sustain above this level, it is likely to open up further upside potential towards 46000 and 46300 levels,” said Kunal Shah, Senior Technical & Derivative analyst at LKP Securities.
Share Market Outlook Today
08:41 (IST) 20 Jul 2023 Bank Nifty to target levels of 46500
“Bank Nifty consolidated within the range of the previous trading session (45906–45281) and has thus formed an Inside bar pattern which makes the extremes of the range crucial levels from a short-term perspective. A breach of the extremes shall lead to a move in that particular direction. We expect the breakout to be on the upside and expect the Bank Nifty to target levels of 46500,” said Jatin Gedia – Technical Research Analyst at Sharekhan by BNP Paribas.
Share Market Outlook Today
08:40 (IST) 20 Jul 2023 Nifty could rally till 19950-19975
“Nifty has formed a higher bottom formation on intraday charts which is indicating a further uptrend from the current levels. As long as the index is holding 19725 the positive sentiment is likely to continue. Above the same, the market could rally till 19950-19975. Below the same, we could expect one quick correction till 19650-19615,” said Shrikant Chouhan, Head of Research (Retail), Kotak Securities Ltd.
Share Market Outlook Today
08:40 (IST) 20 Jul 2023 Nifty support at 19700; resistance at 18900-20000
“Indian equities saw another day of gains with the headline index holding strong amidst volatile trading. The market trend remains positive as the index stays above the moving average. Support is found at 19700, while resistance is expected between 18900 and 20000 levels,” said Rupak De, Senior Technical analyst at LKP Securities.
Share Market Outlook Today
08:04 (IST) 20 Jul 2023 US indices end mildly in green
The US market ended Wednesday’s session in green – Dow Jones Industrial Average (DJIA) rose 0.31%, S&P 500 gained 0.24% and the tech-heavy Nasdaq was up 0.03%.
08:03 (IST) 20 Jul 2023 Asian markets trade mixed
Asian markets were trading mixed – Japan’s Nikkei 225 tanked 0.83%, China’s Shanghai Composite Index fell 0.09%, Asia Dow dipped 0.04% while South Korea’s KOSPI rose 0.03% and Hong Kong’s Hang Seng jumped 0.73%.
08:03 (IST) 20 Jul 2023 GIFT Nifty trades flat
The GIFT Nifty futures traded flat at 19,842 in early morning trade.
08:02 (IST) 20 Jul 2023 Manappuram Finance, Indiabulls Housing Finance, others under F&O ban today
The National Stock Exchange has Manappuram Finance, Indiabulls Housing Finance, Delta Corp, RBL Bank, L&T Housing Finance and Polycab securities on its F&O ban list for 20 July. According to the NSE, stocks are prohibited in the F&O sector when they have exceeded 95% of the market-wide position limit (MWPL). During the F&O ban period, no new positions are permitted for F&O contracts in that stock.
08:02 (IST) 20 Jul 2023 FII/DII Data
Foreign institutional investors (FII) net purchased shares worth Rs 1,165.47 crore, while domestic institutional investors (DII) net sold shares worth Rs 2,134.54 crore on 19 July, according to the provisional data available on the NSE.
08:01 (IST) 20 Jul 2023 Crude prices fall
Oil prices slipped in early Asian trade on Thursday, extending the previous session’s losses, as the dollar strengthened and on profit-taking after U.S. crude oil stocks fell less than expected. Brent futures dipped 14 cents, or 0.2%, to $79.32 a barrel by 0001 GMT, while U.S. West Texas Intermediate (WTI) crude fell 15 cents to $75.20 a barrel.
08:01 (IST) 20 Jul 2023 Nifty to jump over 19,900 or give up gains? See GIFT Nifty, FII data, F&O ban, crude, more before market opens
“Despite the current high levels, domestic investors have hardly lost confidence in the Indian economy. It is experiencing a broad based rally strengthened by encouraging domestic macroeconomic data and sustained inflows from FIIs. Although there was some initial profit booking today, the market confidently recovered, with buying observed in all major sectors except auto and IT. Additionally, the global market is providing comfort to the rally, in anticipation of moderation in global inflation,” said Vinod Nair, Head of Research at Geojit Financial Services.
Read Full Story
07:58 (IST) 20 Jul 2023 Stocks To Watch: Reliance Industries, L&T Finance Holdings, Federal Bank, LIC, Olectra Greetech, Dr Reddy’s
The GIFT Nifty recorded a 0.02% gain during Thursday’s early trading session, with a value of 19,844.5 indicating a flat opening for domestic indices NSE Nifty 50 and BSE Sensex. Benchmark indices NSE Nifty 50 and BSE Sensex made new all-time highs again and ended Wednesday’s trading session broadly in green. The Nifty 50 rose 0.42% to 19,833.15 while Sensex rose over 300 points to settle at 67,097.44.
Read Full Story