Stock Market Highlights, June 18: Sensex, Nifty end at record closing highs; pvt banks, Infy lead

Stock market Highlights today, June 18: The m-cap of all BSE listed companies settled at Rs 423 trillion or $5.24 trillion

3:58 PM

Tech View :: 'Nifty looking to move towards 23,800'

Following a strong start, the Nifty remained within a range as the index formed another day of muted movement on the daily chart. For the last few days, Nifty has been moving sideways on an intraday basis, but eventually, it has moved up above 23,500. The trend looks positive from here, with support placed at 23,300. A fall below 23,300 might induce selling pressure. On the higher end, the index might move towards 23,800.

Views by: Rupak De, Senior Technical Analyst, LKP Securities

3:48 PM

Tech View :: 'Next target for Nifty Bank stands at 51,000'

The Bank Nifty index finally broke out of the resistance mark of 50,200 and managed to close above it. The bullish momentum is likely to continue, potentially driving the index higher towards the 51,000 mark. The undertone remains extremely bullish, and a buy approach is recommended with strong support at the 49,700 mark. 

Views by: Kunal Shah, Senior Technical & Derivative Analyst at LKP Securities

3:46 PM

Currency check :: Rupee ends 15 paise higher vs US dollar

3:44 PM

Broader markets :: Mid, SmallCap indices gain up to 1%

3:42 PM

Sectoral trends :: Realty, private banks rise; Media stocks slip

3:41 PM

Sensex Heatmap :: 22 of 30 index stocks climb in session

3:39 PM

Closing Bell :: Nifty ends atop 23,550

3:38 PM

Closing Bell :: Sensex ends above 77,300, up over 300 pts

3:28 PM

ALERT :: LIC clarifies on report 'Mega LIC property sale to raise $6-7bn'

>> We hereby clarify that news published in the mainstream media is incorrect, LIC said in a filing

Check here

3:19 PM

Secure your future: How to build an emergency fund for financial stability

Short term: It is a smaller, more accessible fund having enough to cover an important bill. This allows quick access to cash.

 

Long term: It is savings equivalent to three to six months' worth of living expenses. Although this can seem like a daunting amount to save, it is achievable with careful planning. READ MORE

 

3:09 PM

Avanti Feeds zooms 9.5% on June 18; stock may top Rs 700-mark; details here

Avanti Feeds share price hit a fresh 52-week high of Rs 652 apiece after it soared 9.5 per cent on the BSE in Tuesday's intraday trade. The spurt was supported by healthy volumes on the counter which saw 5.88 million shares being exchanged on the BSE and NSE. READ MORE

 

3:02 PM

State-run Coal India exploring lithium assets in Argentina with US company

India and the United States said on Monday they were co-investing in a lithium resource project in South America and a rare earths deposit in Africa to diversify critical minerals supply chains. READ MORE

2:52 PM

DMart stock hits 2-year high; up 5% on stable outlook

Strong store additions will aid future revenue growth, while moderating inflation will improve discretionary demand and margins, believe analysts.READ MORE

2:42 PM

Ahead of JP Morgan's inclusion, HSBC sees $250 mn of India swap deals

The British bank, via its unit in the International Financial Services Centres Authority, carried out the so-called total return swap deals worth more than $250 million. READ MORE

2:31 PM

Nandan Denim locked in 20% upper circuit after announcing 1:10 stock split

The company's stock rose after it announced a 1:10 stock split, meaning each equity share having face value of Rs 10 each will be subdivided into ten equity shares having face value of Rs 1 each. READ MORE