Stock Market Highlights, June 19: Sensex, Nifty end flat; Nifty Bank rises 2%, Axis, HDFC Bank up 3%

Stock market Highlights today, June 19, 2024: The BSE Sensex hit an all-time high of 77,852 in the intraday trade, while the Nifty50 touched 23,664

11:22 AM

Durlax Top Surface SME IPO opens on June 19; check price band, GMP here

Durlax Top Surface SME has launched its Initial Public Offering (IPO) with a book-built issue valued at Rs 40.80 crore. This comprises a fresh issue of 42 lakh shares of Rs 28.56 crore and an offer for sale (OFS) of 18 lakh shares of Rs 12.24 crore. READ MORE

11:07 AM

Sona BLW share price rises 4% on securing certification under PLI scheme

Sona BLW Precision Forgings shares rose as much as 3.67 per cent to hit an intraday high of Rs 665 per share on Wednesday. The jump in the stock price came after Sona BLW announced that it has secured certification for its traction motor for electric 3-wheelers under production-linked incentive (PLI) scheme. READ MORE

10:59 AM

Delta Corp up 14% on retrospective GST respite hope

Shares of online gaming companies, Delta Corp in particular, were in limelight in Wednesday's intra-day trade on hopes of reprieve from on retrospective taxes. READ MORE

10:44 AM

Rupee appreciates 6 paise to 83.37 against US dollar in early trade

The rupee stayed on the upward track for the second straight session and appreciated 6 paise to 83.37 against the US dollar in early trade on Wednesday boosted by sustained inflow of foreign capital and firm equity markets. READ MORE

10:29 AM

Prestige Estates shares slump 5% on plans to raise capital via QIP

Prestige Estates shares dropped up to 5 per cent at Rs 1,837 per share on the NSE in Wednesday’s intraday trade. The stock prices slipped after the company on Tuesday said that it plans to raise capital through Qualified Institutional Placement (QIP), preferential issue, rights issue, private placement, or any other legally permissible means, aligning with regulatory requirements. READ MORE

10:14 AM

This small-cap company has zoomed 95% in 9 days ahead of 1:5 stock split

Shares of Premier Explosives (PEL) hit a record high of Rs 4,158.55 as they rallied 7.5 per cent on the BSE in Wednesday's intraday trade ahead of 1:5 stock split. In the past nine trading days, the stock of the small cap company has zoomed 95 per cent from a level of Rs 2,134.70 touched on June 5, 2024. READ MORE

10:00 AM

Indus Towers slips 5% on Vodafone Group's partial stake sale plans

Shares of Indus Towers slipped 5 per cent to Rs 326.05 on the National Stock Exchange (NSE) and BSE in Wednesday’s intra-day trade on reports that the British telecom giant Vodafone Group is likely to sell a 9.94 per cent stake in telecom tower firm via block deals today. READ MORE

9:40 AM

Bernstein sees 20% upside in IndusInd Bank, 7% downside in Bajaj Finance

Bernstein, a brokerage firm based in Tennessee, USA, has initiated coverage on Bajaj Finance, IndusInd Bank, and Muthoot Finance. While they see a 20 per cent upside in IndusInd Bank, and 14 per cent in Muthoot Finance, they forecast a 7 per cent downside in Bajaj Finance. READ MORE

9:28 AM

DEE Development Engineers IPO opens today: GMP, price band, should you bid?

DEE Development Engineers is set to launch its initial public offering (IPO) on Wednesday, June 19, 2024, aiming to raise Rs 418.01 crores. This includes a fresh issue of 1.6 crore shares amounting to Rs 325.00 crores and an offer for sale of 0.46 crore shares aggregating Rs 93.01 crore. READ MORE

9:25 AM

Heatmap check: IndusInd Bank, ICICI Bank top gainers

9:22 AM

Sector Update: All but Nifty Realty trade in green

9:20 AM

Broader markets trade higher, Nifty SmallCap up 0.38%

9:18 AM

Opening bell :: Nifty above 23,600

9:18 AM

Opening bell :: Sensex above 77,500-mark

9:10 AM

Pre-opening session: Sensex rises nearly 250 pts