Market Highlights, July 16: Sensex, Nifty end flat after hitting record highs; RIL, HDFC Bank weigh
Stock Market Highlights today, Tuesday, July 16, 2024: In the broader markets, the BSE MidCap slipped 0.29 per cent, but the BSE SmallCap added 0.32 per cent
8:56 AM
This real estate stock has jumped 30% in 8 sessions; hit record high today
Sunteck Realty share price: Shares of Sunteck Realty extended their rally into the eighth trading session on Tuesday, July 16, as they jumped 15 per cent to Rs 698.35 per share on the BSE in the intraday trade. This was also Sunteck's stock fresh record high. READ MORE
8:44 AM
Budget 2024: Green tech, vehicle scrapping aid; auto sector's wishlist
During the Interim Budget presentation, Nirmala Sitharaman had highlighted that the Centre is keen on expanding and strengthening the electronic-vehicle ecosystem. READ MORE
8:35 AM
ALERT:: Bajaj Auto Q1 net jumps 19%; stock gains 2%
Bajaj Auto today reported a 19.4 per cent growth in Q1FY25 standalone net profit at Rs 1,988.34 crore when compared with Rs 1,664.77 crore in the corresponding quarter a year ago. Total income rose by 15 per cent YoY to Rs 12,248.96 crore from Rs 10,656.10 crore.
8:27 AM
Balrampur Chini stock hits 7-month high; jumps 4% on positive outlook
Higher sugar realization and better feedstock mix within the distillery segment should improve profitability in H1FY25 even as volume may be lower, believe analysts at Elara Capital. READ MORE
8:18 AM
Paytm gets Sebi warning for transactions with banking unit, defends itself
Company says it's committed to 'highest compliance standards' after regulator flags related party transactions with Paytm Payments Bank in FY22. READ MORE
Paytm(Photo: Reuters)
8:07 AM
DB Corp net profits surge 50% YoY in June quarter; stock hits 52-week high
Shares of DB Corp zoomed up to 5.53 per cent, hitting its 52-week high at Rs 403.90 per share on the NSE in Tuesday's early intraday deals. READ MORE
7:57 AM
HUL gains 3% as Board approves sale of 'Pureit' to AO Smith for Rs 601 cr
Shares of Hindustan Unilever (HUL) rose nearly 3 per cent to Rs 2,691.95 on the BSE in Tuesday's intraday trade. The rise in HUL share price came after the company said it would sell its two-decade old water purification business, Pureit, to AO Smith for an enterprise value of Rs 601 crore. READ MORE
7:47 AM
Jio Financial Services share price falls over 2% after tepid Q1FY25 results
Jio Financial Q1: Jio Financial share price fell 2.3 per cent to Rs 346.8 per share in Tuesday's intraday trade on the BSE. The decline comes after the non-bank finance company (NBFC) posted mildly weak quarterly financial results for the April-June quarter (Q1) of the current financial year (FY25). READ MORE
7:36 AM
Nomura ups target price for Fortis, reiterates 'Buy'; sees 12% upside
The global brokerage firm maintained its 'Buy' call for Fortis Healthcare with an updated twelve month forward target price of Rs 547, a 12 per cent upside to Monday's close. READ MORE
7:25 AM
ALERT:: D B Corp Q1 net rises 50%; stock jumps 4%
D B Corp today reported a 49.6 per cent growth in Q1FY25 net profit at Rs 117.83 crore as against Rs 78.74 crore in Q1FY24. Total income increased by 7.4 per cent YoY to Rs 616.22 crore from Rs 573.59 crore.
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7:14 AM
Nifty Microcap 250 surges 29% in 2024, outruns mid, smallcap indices
The rally in microcap stocks, according to Devarsh Vakil, Deputy Head of Retail Research, HDFC Securities, has been on the back of growth in earnings in a lot of these companies. READ MORE
7:05 AM
JNK India surges on order win from JNK Global; up 13% since listing
JNK India stock rises: Shares of JNK India, on Tuesday, were locked in 5 per cent upper circuit at Rs 819.35 per share in intraday deals on BSE. READ MORE
6:54 AM
Bharti Hexacom: JP Morgan initiates coverage on stock
JP Morgan on Bharti Hexacom: Bharti Hexacom shares surged 9.3 per cent to Rs 1,165 per share on the BSE on Tuesday. Global brokerage firm JP Morgan has initiated coverage on the stock with an 'Overweight' rating and a target price of Rs 1,280. READ MORE
6:45 AM
Global check:: Hang Seng slips 1.3% in Asian trade; Nikkei ends flat
6:36 AM
Bharat Agri stock rallies 4% on launching new high rise tower in Thane
The uptick came after the company said it has launched a high rise tower, Wembely-24, which has Ground plus 60 floors. It stands as the tallest tower in Majiwada, Thane. READ MORE
Topics : Sensex MARKET LIVE MARKET WRAP Markets Q1 results Market news Indian stock market Indian stock markets S&P BSE Sensex Nifty50 Global Markets corporate earnings MARKETS TODAY Markets Sensex Nifty
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First Published: Jul 16 2024 | 7:41 AM IST