Share Market News Today | Sensex, Nifty, Share Prices Highlights: Domestic indices ended Thursday’s session in the red. The NSE Nifty 50 sank 67.80 points or 0.36% to 18,688.10 and BSE Sensex tumbled 310.88 points or 0.49% to 62,917.63. In sectoral indices, Bank Nifty plunged 544.40 points or 1.24% to 43,443.60, Nifty PSU Bank tanked 1.99% while Nifty Pharma jumped 1.42%. The top gainers on Nifty 50 were Apollo Hospitals Enterprise, Divis Lab, Dr Reddy’s Laboratories, Cipla and BPCL while the losers were Hero Motocorp, Wipro, IndusInd Bank, SBIN and Kotak Bank.
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Share Market Today | Sensex, Nifty, BSE, NSE, Share Prices, Stock Market Highlights
16:07 (IST) 15 Jun 2023 Where is share market headed after Nifty closes below 18690, Bank Nifty under 43450
Benchmark indices ended Thursday’s session in the red. “The domestic market is responding to the Fed’s hawkish commentary, which suggests the possibility of 2 more rate hikes in the future this year, although they have currently opted for a halt. Due to concerns about inflation persisting above their target range, Fed officials have increased their rate projections by 47.5 bps for the end of 2023 to 5.6%. Despite weakness in the benchmark index, there is buying interest observed with the Nifty Mid-cap index trading at an all-time high,” said Vinod Nair, Head of Research at Geojit Financial Services.
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15:47 (IST) 15 Jun 2023 Nifty, Sensex end in red
The NSE Nifty 50 tumbled 67.80 points or 0.36% to 18,688.10 and BSE Sensex plunged 310.88 points or 0.49% to 62,917.63.
14:49 (IST) 15 Jun 2023 Volume Gainers
Jubilant Industries, Poly Medicure, Nectar Lifesciences, Chembond Chemicals, Supreme Petrochem, Lokesh Machines, GKW, Solara Active Pharma Sciences, Shaily Engineering Plastics, Roto Pumps, PNC Infratech, Amrutanjan Health Care, Mukta Arts, Apex Frozen Foods, Cords Cable Industries, Bajaj Healthcare, NRB Industrial Bearings, The Great Eastern Shipping Company, Madhucon Projects, GlaxoSmithKline Pharmaceuticals, Mangalam Drugs And Organics and McLeod Russel India were the volume gainers.
14:48 (IST) 15 Jun 2023 Stocks at 52-Week Lows
Cerebra Integrated Technologies, Reliance Communications, Siti Networks, Sintex Plastics Technology, Suumaya Industries, Tirupati Forge, GHCL Textiles and M K Proteins were among 11 stocks that hit 52-week lows.
14:48 (IST) 15 Jun 2023 Stocks at 52-Week Highs
AIA Engineering, Ajmera Realty & Infra India, APL Apollo Tubes, Apollo Micro Systems, Apollo Hospitals Enterprise, Apollo Tyres, Artemis Medicare Services, Asian Energy Services, Aster DM Healthcare, AstraZeneca Pharma India, Aurionpro Solutions, Aurobindo Pharma, Baid Finserv, Balmer Lawrie & Company, Bombay Burmah Trading Corporation, Brand Concepts, Mrs Bectors Food Specialities, Bharat Petroleum Corporation, Brigade Enterprises, Britannia Industries, Carborundum Universal, Chembond Chemicals, Cholamandalam Investment and Finance Company, Cholamandalam Financial Holdings, Cords Cable Industries, Craftsman Automation, LT Foods, Dalmia Bharat, DLF, Dynamic Cables, Dynamatic Technologies, Everest Industries, Fertilizers and Chemicals Travancore, Force Motors, Genus Power Infrastructures, The Great Eastern Shipping Company, GKW, Godrej Consumer Products, Godrej Industries, Godrej Properties, Godawari Power And Ispat, Hariom Pipe Industries, HEG, Indo Count Industries, IDFC, IDFC First Bank, Indo Tech Transformers, Ingersoll Rand (India), International Conveyors, Indian Oil Corporation, Isgec Heavy Engineering, Inox Wind Energy, Jay Bharat Maruti, JBM Auto, JITF Infralogistics, JK Cement, Jindal Stainless, JSW Ispat Special Products, Jubilant Industries, Just Dial, Jupiter Wagons, Karma Energy, Karur Vysya Bank, KEI Industries, Kirloskar Industries, Kirloskar Pneumatic Company, L&T Finance Holdings, Lorenzini Apparels, Landmark Cars, Lokesh Machines, Lumax Industries, Lupin, Man Infraconstruction, Max Healthcare Institute, Global Health, Menon Bearings, MIC Electronics, MRF, Munjal Showa, Nestle India, Narayana Hrudayalaya, NINtec Systems, Novartis India, Oracle Financial Services Software, Olectra Greentech, One 97 Communications (Paytm), PCBL, PI Industries, PB Fintech, Poly Medicure, Power Mech Projects, Precision Camshafts, The Ramco Cements, Responsive Industries, Roto Pumps, R S Software (India), R Systems International, Sahyadri Industries, Saksoft, Sarda Energy & Minerals, Servotech Power Systems, Shanthi Gears, Shree Digvijay Cement, Signet Industries, Sigma Solve, Somany Ceramics, Spandana Sphoorty Financial, Steel Strips Wheels, Star Cement, Sudarshan Chemical Industries, Sula Vineyards, Sundram Fasteners, Syngene International, Syrma SGS Technology, Tata Coffee, Tata Consumer Products, Tata Motors, UltraTech Cement, Uma Exports, Vardhman Polytex, Virinchi, Wendt (India) and Zydus Lifesciences were among 136 stocks to hit 52-week highs.
14:48 (IST) 15 Jun 2023 Nifty 50 – Top Gainers and Losers
Apollo Hospital, Dr Reddy’s Laboratories, Divis Lab, Cipla, BPCL, Adani Enterprises, Maruti Suzuki, Mahindra & Mahindra, Nestle India and ITC were the top gainers while IndusInd Bank, Wipro, Kotak Bank, HDFC Life, State Bank of India (SBIN), ICICI Bank, HDFC Bank, Hero Motocorp, Infosys and HDFC were the losers.
14:48 (IST) 15 Jun 2023 Paytm, Adani Enterprises, Infosys among most active stocks
HDFC Bank, Axis Bank, ICICI Bank, Reliance Industries Ltd (RIL), Paytm, Adani Enterprises, Infosys, Zomato and Tata Motors were the most active stocks on NSE.
14:47 (IST) 15 Jun 2023 Bank Nifty, PSU Bank fall; Pharma gains
In sectoral indices, Bank Nifty tumbled 490.40 points or 1.11% to 43,497.60, Nifty PSU Bank plunged 1.63% while Nifty Pharma jumped 1.42%.
14:47 (IST) 15 Jun 2023 India VIX gains 1%
The volatility index, India VIX rose 0.98% to 11.27.
14:46 (IST) 15 Jun 2023 Broader indices trade mixed
The broader market indices were trading mixed; Nifty 100 was down 0.24% while Nifty Smallcap 50 rose 0.23%.
13:14 (IST) 15 Jun 2023 Bank Nifty tanks over 400 points from intraday high; check top losers/gainers
Bank Nifty tanked over 400 points from the intraday high, trading at 43,665. The top losers were Bandhan Bank, IndusInd Bank, Federal Bank, Bank of Baroda and Kotak Bank while the gainers were IDFC First Bank and AU Bank.
12:55 (IST) 15 Jun 2023 Nifty Pharma jumps 1.4%; check top gainers/losers
Nifty Pharma jumped 183.70 points or 1.42% to 13,160.50. The top gainers on the index were Dr Reddy’s Laboratories, Zydus Lifesciences, Aurobindo Pharma, Divis Lab and Lupin while the losers were GlaxoSmithKline Pharmaceuticals, Sanofi India and Granules.
11:48 (IST) 15 Jun 2023 Bank Nifty slips below 43750; check top losers
Bank Nifty tanked 239.60 points or 0.54% to 43,748.40. Bandhan Bank, IndusInd Bank, Federal Bank, Bank of Baroda and Kotak Bank were the top losers on the index.
11:45 (IST) 15 Jun 2023 Coal India share price falls marginally
Coal India share price fell 0.31% to Rs 228.25 after the Supreme Court rejected the company’s contention and ruled that the Competition Act, 2002 applies to to public sector company, Coal India.
11:39 (IST) 15 Jun 2023 Nifty Next 50 beats other large, mid, small caps in May, Nifty 50 lags broad markets; some global indices soar
In May, despite inching towards new record levels, headline Nifty 50 index failed to keep pace with the broader market performance, particularly when compared to the Nifty Next 50 index. A recent report by Motilal Oswal highlighted that the Nifty Junior, or Nifty Next 50 index, witnessed a rise of 6.42% in May, extending its winning streak for the third consecutive month. Over the span of three months, the index jumped 12.88%.
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10:59 (IST) 15 Jun 2023 Pepsico bottler Varun Beverages stock jumps nearly 7% today after stock split
Pepsico bottler Varun Beverages share price jumped 6.89% to Rs 862.90 today after the stock turned ex-date for stock split. The stock with a face value of Rs 10 has been split into two shares of Rs 5 each. The stock has jumped over 110% in the last one year and nearly 7% in the last one month. Meanwhile, in the March quarter, company’s net profit rose 69% on-year to Rs 429 crore and revenue for the quarter was up 38% on-year to Rs 3,893 crore.
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10:23 (IST) 15 Jun 2023 Sun Pharma jumps over 1%; check top gainers/losers
Nifty Pharma jumped 138.05 points or 1.06% to 13,114.85. The top gainers on the index were Divis Lab, Zydus Life, Lupin, Laurus Labs and Dr Reddy’s Laboratories while the losers were GlaxoSmithKline Pharmaceuticals, Granules India, Sanofi India, Alkem Laboratories and Sun Pharma.
09:42 (IST) 15 Jun 2023 Expect consolidation in 18740 vicinity with eyes on 18887-19000-19070
“Expect consolidation in the 18740 vicinity with eyes on 18887-19000-19070, but a vertical upside is less expected. While downside attempts are likely to be curbed at 18708 initially, it might give away, should it be attacked in the second half, exposing 18600,” said Anand James, Chief Market Strategist at Geojit Financial Services.
09:40 (IST) 15 Jun 2023 Dilip Buildcon shares jump nearly 5%
Dilip Buildcon share price jumped 4.91% to Rs 237.25 after the company announced that its subsidiary DBL Chandikhole Bhadrak Highways completed the project “Rehabilitation and Up-gradation to Six-Laning of Chandikhole-Bhadrak. The company has received the letter of Completion Certificate from the authority for the project worth Rs 1,522 crore.
09:38 (IST) 15 Jun 2023 Indian Overseas Bank shares fall over half a percent
Indian Overseas Bank shares fell 0.54% to Rs 24.38 after the lender’s Asset Liability Management Committee reviewed the base rate workings, following which they decided to increase the base rate by 20 bps to 9.10% from the existing 8.90%. This new rate will come into effect from 15 June.
09:36 (IST) 15 Jun 2023 SJVN shares jump nearly 2%
SJVN share price rose 1.71% to Rs 39.10 after the company signed a memorandum of understanding (MoU) with the Maharashtra State Power Generation Company for the development of 5,000 MW of renewable energy projects in the state.
09:35 (IST) 15 Jun 2023 Axis Bank shares slip
Axis Bank share price slipped 0.2% to Rs 975.85 after reports suggested that private equity major Bain will offload its stake in Axis Bank, garnering around $267 million for their 1.3% stake.
09:28 (IST) 15 Jun 2023 Bank Nifty slips below 43900; check top losers/gainer
Bank Nifty fell 95.05 points or 0.22% to 43,892.95. The top losers were IndusInd Bank, Bandhan Bank, AU Bank, IDFC First Bank and Bank of Baroda while the sole loser was Axis Bank.
09:20 (IST) 15 Jun 2023 Nifty, Sensex open in red
The NSE Nifty 50 dipped 18.15 points or 0.10% to 18,737.75 and BSE Sensex fell 116.52 points or 0.18% to 63,111.99.
09:14 (IST) 15 Jun 2023 Pharma, Commodity stocks may perform better today
“Indian market is likely to open on the lower side as SGX suggests a 30-point decline. Benchmark indices are on the cusp of reaching an all-time high, aided by overall sectors. We anticipate that Pharma and Commodities related stock would perform better for today’s session. The Indian market is anticipated to trade with large swings due to weekly expiry,” said Om Mehra, Equity Research Analyst at Choice Broking.
09:11 (IST) 15 Jun 2023 Bank Nifty support at 44017-43908; resistance at 44272-44418
Bank Nifty intraday outlook is bearish if it breaks 43875. Support seen at 44017 and 43908 and resistance at 44272 and 44418, according to Rahul Sharma, JM Financial.
Share Market outlook today
09:11 (IST) 15 Jun 2023 Nifty support at 18690-18635; resistance at 18778-18900
Nifty rangebound movement is expected unless 18778 or 18690 is not taken out. Trail stop loss to 18555 for Longs. Support placed at 18690-18635 and resistance at 18778-18900, according to Rahul Sharma, JM Financial.
Share Market outlook today
09:01 (IST) 15 Jun 2023 Nifty support placed at 18700-18660-18600; resistance at 18777-18810-18890
“Nifty saw a jittery start to the day as it gapped up 30 points, pared 64 points immediately in the first half hour and then trended higher during the day as it found modest buying interest from the support near 18,700. The index faces immediate pivotal resistance at 18,777 as we head to the weekly derivative expiry and the index is anticipated to attract further bullish momentum on a decisive close above the mentioned hurdle. Support placed at 18700-18660-18600 and resistance at 18777-18810-18890,” said Riches Vanara, Technical and Derivatives Analyst, Stoxbox.
08:59 (IST) 15 Jun 2023 Nifty, Sensex likely to struggle in early trade amid weakness in SGX Nifty
“Domestic equity bourses are likely to struggle in early Thursday trades amid weakness in SGX Nifty after US markets closed mixed overnight. Although the Fed left rates unchanged, it has kept the window open for another 50 bps hike in key rates for the year in case inflation remains sticky, which could probably spoil the party for investors who were hoping for a more dovish comment. With uncertainty over policy rates hanging around, the market may remain choppy with strong bouts of intra-day volatility, even as selective buying would continue as an ongoing theme. Technically, the markets may rally only above the all-time high level of 18888, while the make-or-break support for Nifty is seen at the 18553 mark,” said Prashanth Tapse, Senior VP (Research), Mehta Equities Ltd.
08:48 (IST) 15 Jun 2023 If Bank Nifty closes in 43750-43800 range then it may fall to 43000
“Bank Nifty has made a big bearish candlestick on the daily timeframe and is seen to be closing around yesterday’s lows which can be the cause of short-term negativity. Bank Nifty close in the range of 43750-43800 will pull the index towards 43000 in the coming weeks. The resistance is at around 44100-44200 and the support is at around 43900-44000. Till the time Bank Nifty breaks this range it is expected to remain sideways. Technical indicator RSI is at around 54 as is showing strength by sustaining above 50 levels,” said Mitesh Karwa, Research Analyst at Bonanza Portfolio.
Share Market outlook today
08:48 (IST) 15 Jun 2023 Bank Nifty resistance placed around 44300
“Bank Nifty consolidation indicates a lack of a clear directional bias in the market. On the downside, the index has a support level of 43700, which has been held during the consolidation phase and can act as a potential floor for prices. On the upside, the index faces resistance around the 44300 level, which has limited the upward movement,” said Kunal Shah, Senior Technical & Derivative Analyst at LKP Securities.
Share Market outlook today
08:47 (IST) 15 Jun 2023 Bank Nifty short-term target placed at 44500
“Bank Nifty has been trading in a narrow range around the 20-day moving average (44000). We expect Bank Nifty to hold on to this support and resume its up move. The short-term target is placed at 44500,” said Jatin Gedia, Technical Research Analyst, Sharekhan by BNP Paribas.
Share Market outlook today
08:47 (IST) 15 Jun 2023 Above 18775, Nifty could rally till 18900-18950
“The short-term formation of the Nifty is on the bullish side but below 18700, we could see a quick intraday correction. For traders, 18775 would be the immediate breakout level to watch out and above the same, the index could rally till 18900-18950. On the other side, below 18700, the selling pressure is likely to accelerate and below the same the index could retest the level of 18600-18575,” said Shrikant Chouhan, Head of Research (Retail), Kotak Securities Ltd.
Share Market outlook today
08:47 (IST) 15 Jun 2023 Nifty must sustain above 18650-18625 for further gains towards 18825-18865
“For the Nifty to sustain its upward trajectory, it must maintain levels above the 18650-18625 zone. This would pave the way for further gains towards the 18825 and 18865 levels. On the downside, support levels can be found at 18600 and 18550. Options data suggests a broader trading range between 18500 and 18900, while the immediate trading range is expected to be between 18600 and 18800,” said Ameya Ranadive CMT, CFTe, Equity Research Analyst at Choice Broking.
Share Market outlook today
08:46 (IST) 15 Jun 2023 Nifty expected to reach 18800 in short term
“NSE Nifty 50 is slowly inching higher towards the previous swing high of 18778 which once taken out shall lead to further upside. The hourly and daily momentum indicators are providing divergent signals which are likely to align once we get a decisive move on either side. Overall, the uptrend is intact, and we expect it to reach levels of 18800 in the short term. In terms of levels, 18630 – 186200 shall act as a crucial support zone while 18778 – 18800 shall act as an immediate hurdle zone,” said Jatin Gedia, Technical Research Analyst, Sharekhan by BNP Paribas.
Share Market outlook today
08:46 (IST) 15 Jun 2023 Nifty resistance placed at 18800-18900; support at 18700-18600
“Nifty remained sideways on Wednesday. However, the trend remains positive as the index closed above the critical near-term moving average. The momentum oscillator RSI is in a bullish crossover. Resistance on the higher end, is placed at 18800-18900. On the lower end, support is seen at 18700-18600,” said Rupak De, Senior Technical at LKP Securities.
Share Market outlook today
08:03 (IST) 15 Jun 2023 US indices end mixed
The US market ended the overnight session on a mixed note after the US Federal Reserve did not alter the interest rates, but signalled in new projections that the key lending rate might need to rise by as much as half of a percentage point by the end of this year – Dow Jones Industrial Average (DJIA) fell 0.68%, S&P 500 rose 0.08% and the tech-heavy Nasdaq climbed 0.39%.
08:03 (IST) 15 Jun 2023 Asia markets trade mixed
Asian markets were trading mixed – Hong Kong’s Hang Seng jumped 1.15%, China’s Shanghai Composite index gained 0.22%, Japan’s Nikkei 225 was trading flat while South Korea’s KOSPI fell 0.24% and Asia Dow dipped 0.50%.
08:02 (IST) 15 Jun 2023 SGX Nifty dips 27 pts
The Nifty futures on Singapore Exchanges (SGX) were trading 27.5 points or 0.15% lower at 18,807.5 in the early morning trade.
08:01 (IST) 15 Jun 2023 ZEEL, IEX, BHEL and others under F&O ban today
The National Stock Exchange has IEX, India Cements, Delta Corp, BHEL, Manappuram Finance, ZEEL and Indiabulls Housing Finance securities on its F&O ban list for 14 June. 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.
08:00 (IST) 15 Jun 2023 FII/DII data
Foreign institutional investors (FII) purchased shares worth a net Rs 1,714.72 crore, while domestic institutional investors (DII) offloaded shares worth a net Rs 654.77 crore on June 14, according to the provisional data available on the NSE.
07:59 (IST) 15 Jun 2023 Crude prices gain
Oil prices edged higher on Thursday, recovering some ground from the previous day’s plunge on worries about future U.S. interest rate hikes, with markets now looking to key Chinese economic data for demand indications.
07:59 (IST) 15 Jun 2023 Will Nifty top 18,800 or fall in trade? See SGX Nifty, FII data, US Fed verdict, more before market opens
On Wednesday, continuing their upward momentum for the third day, the domestic indices NSE Nifty 50 and BSE Sensex recorded gains, ending the day in positive territory. Nifty 50 rose 0.21% to 18,756 and BSE Sensex gained 85 points to 63,228.
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07:58 (IST) 15 Jun 2023 Stocks To Watch: Axis Bank, Dilip Buildcon, Mahindra & Mahindra, SJVN, Indian Overseas Bank
The SGX Nifty recorded a loss of 0.05% during Thursday’s early trading session, with a value of 18,826 indicating a flat opening for domestic indices NSE Nifty 50 and BSE Sensex. “The domestic indices rebounded after an initial phase of profit booking, driven by encouraging WPI inflation data and positive global cues, while selling in IT and banking stocks kept a check on gains. The favourable decline in US inflation, driven by lower energy prices, and speculation about a potential pause in the Fed rate hike campaign, brought comfort to global equities. However, the persistence of higher core inflation levels may compel the Fed to maintain its hawkish tone during today’s policy announcement with indication of a prolonged pause,” said Vinod Nair, Head of Research, Geojit Financial Services.
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