Stock market

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		Domestic indices ended Thursday&#39;s trading session in the green ahead of the Union Budget presentation on Friday, July 5.</div>
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		The S&P BSE Sensex ended 69 points, or 0.17 per cent, higher at 39,908 levels with Bharti Airtel, Tata Motors and IndusInd Bank being the top gainers. The broader Nifty50 too settled at 11,947 levels, up 30 points, or 0.25 per cent.</div>
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		In the broader market, S&P BSE Mid-Cap ended 0.19 per cent lower at 14,918 levels while the S&P BSE Small-Cap gained 0.12 per cent, to settle at 14,329 levels.</div>
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		Sectorally, public sector banks&#39; scrips gained the most with the index scaling 2 per cent intra-day. It ended 1.31 per cent higher. This was followed by gains in realty counters. The biggest losers at the bourses were metal and pharma scrips with their index sliding 1.11 per cent and 0.64 per cent respectively.</div>
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	<a href="https://www.business-standard.com/budget/article/economic-survey-live-fy20-gdp-growth-at-7-fy19-fiscal-deficit-at-5-8-119070400282_1.html?1562219814" target="_blank"><strong>Click here for latest in the Economic&nbsp;Survey</strong></a><br />
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	<strong>BUZZING STOCKS</strong><br />
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	Shares of Uniply Industries rallied nearly 5 per cent to Rs 66.50 apiece in the early morning trade on Thursday, a day after Kuwait-based multi-family office investment firm Markab Capital WLL announced acquisition of a controlling stake in the company. The offer values the company at an enterprise value of over Rs 1,550 crore on a fully diluted basis. <strong><a href="https://www.business-standard.com/article/markets/uniply-industries-surges-5-after-markab-capital-acquires-controlling-stake-119070400187_1.html?1562214559" target="_blank">READ MORE</a></strong><br />
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	Shares of IndiaMART InterMESH (IML) made a strong debut on the bourses, by listing at Rs 1,180, 21 per cent higher against its issue price of Rs 973 apiece on the National Stock Exchange (NSE) and BSE. <strong><a href="https://www.business-standard.com/article/markets/indiamart-intermesh-makes-strong-debut-surges-30-against-issue-price-119070400216_1.html?1562216360" target="_blank">READ MORE</a></strong><br />
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		<a href="https://www.business-standard.com/topic/buzzing-stocks" target="_blank"><strong>Click here for more buzzing stocks&nbsp;&nbsp;</strong></a></div>
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		<strong>GLOBAL CUES</strong></div>
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		Asian markets ended higher on Thursday. Japan&#39;s Nikkei gained 0.3 per cent while South Korea&#39;s Kospi settled 0.61 per cent higher. In the commodities market, Brent Crude Futures were trading at $63.77 per barrel.<br />
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MARKET WRAP: Indices end higher ahead of Budget 2019, Nifty below 11,950

Business Standard

MARKET WRAP: Indices end higher ahead of Budget 2019, Nifty below 11,950 | News on Markets - Business Standard

India Inc's pace of debt fundraising may slow down over hike in rupee costs

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	India Inc.&rsquo;s record pace of debt fundraising may be set to slow as a jump in hedging costs makes those deals more expensive.</div>
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	Since the start of the year local companies have raised a record $12.9 billion via offshore bonds and $12.3 billion from loans, the highest in three years, according to data compiled by Bloomberg. Falling dollar borrowing costs and improved investor appetite for emerging-market debt have driven the spree. <a href="https://www.business-standard.com/article/companies/india-inc-s-pace-of-debt-fundraising-may-slow-down-over-hike-in-rupee-costs-119070400123_1.html" target="_blank"><strong>READ MORE</strong></a></div>

Top two trading ideas by Sacchitanand Uttekar of Tradebulls Securities

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	Nifty continues to retain its higher highs sequence for third straight trading session; however, so far it has lacked the required strength in momentum to surpass the resistance level of 12,000 which still has a strong hold by the call writers. Strong rollover data along with seasonality factor analysis for July compliments for a strong bull case scenario to unfold. It has been observed that 7/10 instances since 2008 the month of July have registered strong positive returns MoM (month-on-month).</div>
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	Fanning of 5 and 20 Double Exponential Moving Average (DEMA) along with relative strength index (RSI) sustaining above 50 with fresh 14 periods high post retest of its signal line supports the overall setup for resumption of bullish momentum in the coming sessions. <a href="https://www.business-standard.com/article/markets/top-two-trading-ideas-by-by-sacchitanand-uttekar-of-tradebulls-securities-119070400131_1.html" target="_blank"><strong>READ MORE</strong></a><br />
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Top trading ideas by CapitalVia Global Research: Buy Adani Green, Thermex

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	BUY ADANI GREEN<br />
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	CMP: Rs 52<br />
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	Target: Rs 65<br />
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	Stop Loss: Rs 44<br />
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	The stock is in a continuous bullish trend. The level above 52 would also result into a multiple breakout on the charts as there is no real resistance above 52. Moving average and Oscillator setup is bullish on the short- and medium-term charts.<br />
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	Considering this technical evidence, we recommend buying the stock at CMP for the target of Rs 65, keeping a stop loss at Rs 44 on closing basis. <a href="https://www.business-standard.com/article/markets/top-trading-ideas-by-capitalvia-global-research-buy-adani-green-thermex-119070400124_1.html" target="_blank"><strong>READ MORE</strong></a></div>

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At 8:00 am, Brent Crude Futures were trading at $63.37 per barrel<br />
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At 7:55 am, SGX Nifty was trading 14 points higher at&nbsp;11,962 levels.&nbsp;

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MARKET WRAP: Indices end higher ahead of Budget 2019, Nifty below 11,950

All that happened in markets today.

India Inc's pace of debt fundraising may slow down over hike in rupee costs

Top two trading ideas by Sacchitanand Uttekar of Tradebulls Securities

Top trading ideas by CapitalVia Global Research: Buy Adani Green, Thermex

Rupee check

Oil check

SGX Nifty

Asian Markets check

US Market check