Sensex ends 194 pts lower owing to late selling; Broader indices outperform

CLOSING BELL ON JUNE 01, 2023: The NSE Nifty 50 settled with a loss of 47 points below the 18,500-mark. Overall market breadth was fairly positive.

12:00 PM

Bull Run: 5 smallcaps hit new 52-week highs; charts show up to 19% upside

Stocks setting new 52-week highs demonstrate aggressive chart structures. READ MORE

11:52 AM

Nifty Realty rises 1%, led by gains in Sobha, Phoenix

11:40 AM

Cyient surges 9%, nears 52-week high on healthy business outlook

Thus far in the calendar year 2023 (CY23), the stock price of Cyient has zoomed 74 per cent, as against 2.5 per cent rise in the S&P BSE Sensex. READ MORE

11:30 AM

Venus Remedies up 1% after Saudi Arabia grants marketing nod for chemotherapy drug

11:20 AM

Shri Bajrang Alliance surges 3% on solid Q4 results

11:12 AM

Bajaj Auto records 29% rise in total sales at 355,148 units for May

Bajaj Auto on Thursday reported 29 per cent rise in total sales at 3,55,148 units in May compared to the same month last year. READ MORE

10:58 AM

Centum Electronics hits new high; zooms 48% in 4 days on strong Q4 results

As on March 31, 2023, Centum had a strong order book position of Rs 1,538 crore as compared to Rs 1,090 crore at the end of the previous financial year 2021-22. READ MORE

10:48 AM

May PMI manufacturing comes at 58.7; hits 31-month high on strong demand

Demand conditions demonstrated remarkable strength, with factory orders rising at the fastest pace since January 2021. READ MORE

10:38 AM

L&T to build energy infra for world's largest green hydrogen plant at NEOM

L&T will engineer, procure, and construct a 2.2 GWac PV solar plant, 1.65 GW wind generation balance of plant and a 400 MWh battery energy storage system at Oxagon in Saudi Arabia’s region of NEOM. READ MORE

10:36 AM

ALERT :: May Manufacturing PMI expands to 58.7, hits highest level in 31 months

>> April Manufacturing PMI was 57.2

10:28 AM

HUL rises 2%, hits highest level so far this year on volume recovery hopes

The stock of largest fast moving consumer goods (FMCG) company traded close to its 52-week high level of Rs 2,741, which it had touched on December 9, 2022. READ MORE

10:15 AM

Weekly F&O Expiry: Nifty could gyrate between 18,475-18,575 on Thursday

Meanwhile, the Bank Nifty may face resistance around 44,300 - 44,350 zone today. READ MORE

10:06 AM

EXPERT COMMENT: Dr. V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services

There are many positives going in favour of the ongoing rally. One, the US House of Representatives has passed the US debt ceiling bill indicating that the debt impasse will be resolved. Two, the FPI investment in India continues with big investments during the last 3 days pushing the total investment in May to an impressive Rs 43,838 crores. Three, the Q4FY23 and full year FY23 GDP growth figures coming at 6.1% and 7.2% have impressively beaten the market expectations indicating that the FPI optimism is justified. The 4% decline in crude is another macro positive. These positives, particularly the GDP numbers, can impart resilience to the market. The only concern is the rising valuations which might nudge DIIs to sell thereby neutralising the FPI buying.

10:00 AM

EID Parry surges 2% on strong Q4FY23 results

The sugar manufacturer reported a consolidated profit after tax (PAT) at Rs 286.90 crore in Q4FY23, down 33 per cent YoY. Consolidated total income, meanwhile, rose to Rs 6,865.28 crore, up 19.26 per cent YoY in Q4FY23.

9:55 AM

Rainbow Children slips 1% after R Gowrisankar resigned as the CFO of the company