Sensex Today Hits Record High, Tops 80,300 Mark | Nifty Above 24,400 | Metal Stocks Shine

Thu, 4 Jul 10:30 am

   Previous Close   

   Pre-Open   

   Closing   

Stocks in Asia rose Thursday after US shares touched a fresh peak as economic data supported the case for Federal Reserve rate cuts.

A gauge for equities in the region gained for a fifth straight session as Japan's Topix hit a record intraday high and shares in South Korea and Australia advanced.

The S&P 500 rose to new highs in Wednesday's shortened trading session as investors appeared to shrug off sluggish economic data.

Here's a table showing how US stocks performed on Wednesday:

Stock/Index	LTP	Change ($)	Change (%)	Day High	Day Low	52-Week High	52-Week Low
Alphabet	187.39	0.78	0.42%	187.62	185.39	187.62	115.83
Apple	221.55	1.28	0.58%	221.55	219.03	221.55	164.08
Meta	509.96	0.46	0.09%	511.28	506.02	531.49	274.38
Tesla	246.39	15.13	6.54%	248.35	234.25	299.29	138.8
Netflix	682.51	2.93	0.43%	683.75	675.5	689.88	344.73
Amazon	197.59	-2.41	-1.21%	200.03	196.76	200.43	118.35
Microsoft	460.77	1.49	0.32%	461.02	457.88	461.02	309.45
Dow Jones	39308	-23.85	-0.06%	39411.17	39230.86	40077.4	32327.2
Nasdaq	20186.63	174.74	0.87%	20186.63	19995.28	20186.63	14058.33

Data Source: Equitymaster

At present, the BSE Sensex is trading 270 points higher and NSE Nifty is trading 79 points higher.

Tata Motors, Infosys and Hindalco among the top gainers today.

HDFC Bank, Cipla and Eicher Motors the other hand are among the top losers today.

For a comprehensive overview of key players in the financial sector, check out list of Fin Nifty Companies.

For impact of the Bank Nifty companies and comprehensive overview of the index, check out Equitymaster's Bank Nifty Companies list.

Broader markets are trading mixed. The BSE Midcap index is trading and the BSE Smallcap index is trading 0.4% higher.

Sectoral indices are trading on positive note today, with socks in IT sector, realty sector and metal sector witnessing most buying.

The rupee is trading at Rs 83.53 against the US dollar.

In commodity markets, gold prices are trading marginally higher at Rs 72,444 per 10 grams today.

Now track the biggest movers of the stock market using stocks to watch today section. This should help you keep updated with the latest developments...

Speaking of the stock market, Shipping is a significant in the current world as 80% of world trade by volume and 70% by value happens via ships.

So, if India is to be a key player in the global supply chain, it must become a hub of shipbuilding and repair as well.

Currently, the country accounts for about 20% of the market demand for commercial vessels worldwide.

Tanushree Banerjee, Research Analyst, in her latest video talks about that should one be wary of shipping stocks or should we expect multibbager gains?

Tune into below video for more details.

Vedanta Reports Production Rise

Mining giant Vedanta Ltd on Wednesday reported a rise in production of aluminium, zinc, iron ore and steel in the June quarter.

However, the production of mined metal at overseas and oil and gas dropped during the quarter.

the company said the aluminium output grew 3% to 5,96,000 tonnes in the first quarter over the year-ago period.

At Zinc India, the saleable metal output grew to 2,62,000 tonnes over 2,60,000 tones.

While at Zinc International the mined metal output dropped to 38,000 tonnes, over 68,000 tonnes in the first quarter of FY24.

Meanwhile, oil and gas output dropped 17 per cent to 112,400 average daily gross operated production (boepd) during the quarter from 134,900 boepd a year earlier.

The production of saleable iron ore rose to 1.3 million tonnes over 1.2 million tonnes in the year-ago period.

The total saleable steel production rose 10 per cent to 3,56,000 tonnes and power sales rose 13% to 4,791 million units from 4,256 million units in the April-June period of the last financial year.

Bajaj Finance's AUM Rise

Leading non-banking finance company (NBFC) Bajaj Finance on Wednesday reported a 31% Year-on-Year (YoY) increase in Assets Under Management (AUM) in the quarter ended 30 June 2024.

The NBFC's AUM rose to Rs 3.5 trillion (tn) as of 30 June, up from Rs 2.7 tn in the year-ago period.

New loans booked during Q1 FY25 improved by 10% to 10.97 m compared to 9.9 m in the corresponding quarter of FY24.

Bajaj Finance resumed sanction and disbursal of loans under 'eCOM' and 'Insta EMI Card' and issuance of EMI cards after the RBI removed the restrictions on these businesses on 2 May 2024.

The deposit book of the company rose by 26% to Rs 627.5 bn from Rs 499.4 bn as of 30 June 2023.

The consolidated net liquidity surplus of the firm was nearly Rs 162 bn during the period under consideration.

Further, the customer franchise of the company rose to 88.1 m from 72.9 m as of 30 June 2023. It had increased by 4.47 million in Q4 FY24.

Bajaj Finance is one of the largest NBFCs with a customer base of 73 million (m).

The company is mainly engaged in the business of lending and has a diversified lending portfolio across retail, small and medium-sized enterprise (SME) lending, rural, and commercial lending. It also accepts deposits from the public and corporates.

Marico Collaborates Kaya

FMCG major Marico Limited on Wednesday announced that it has collaborated with Kaya Limited, a dermatological solutions provider, which will give Marico exclusive rights to handle sales and marketing of Kaya's range of 75+ personal care products outside of Kaya's clinics.

This collaboration, it added, will leverage the established expertise and capabilities of both companies and unlock the untapped growth potential of the brand by enhancing its presence and accessibility across markets and channels.

Kaya offers a portfolio of dermatologist-recommended products, ranging from daily essentials to specialized solutions for acne, brightening, sun care, anti-ageing and hair care. Kaya's products are available across some leading e-commerce marketplaces and 70+ Kaya Skin Clinics across India.

The company is one of the leading global consumer goods companies operating in several categories, including hair care, skin care, edible oils, healthy foods, male grooming, and fabric care.

Some of its popular brands are Parachute, Saffola, Nihar, Livon, Set Wet, Beardo, Pure Sense, and Coco Soul.

To know what's moving the Indian stock markets today, check out the most recent share market updates here.

For information on how to pick stocks that have the potential to deliver big returns, download our special report now!

Read the latest Market Commentary

Top Gainers TodayTop Gainers over 1-WeekTop Gainers over 1-MonthTop Gainers over 1-YearTop Gainers over 3-YrsTop Gainers over 5-YrsTop Losers TodayTop Losers over 1-WeekTop Losers over 1-MonthTop Losers over 1-YearTop Losers over 3-YrsTop Losers over 5-YrsOnly BuyersOnly SellersMost Active StocksMost Popular Stocks52 Week High Stocks52 Week Low Stocks

INDICESBSE (Rs 0 to 1)BSE (Rs 1 to 2)BSE (Rs 2 to 4)BSE (Rs 4 to 10)BSE (Rs 10 to 20)BSE (Above Rs 20)BSE - AllBSE-30BSE-100BSE-200BSE-500BSE AutoBSE BankexBSE Capital GoodsBSE Consumer DurablesBSE FMCGBSE HealthcareBSE ITBSE MetalBSE Oil & GasBSE PSUBSE TeckBSE RealtyBSE PowerBSE A GroupBSE B GroupBSE Mid-CapBSE Small-CapBSE Basic MaterialsBSE Consumer DiscretionaryBSE IndustrialsBSE UtilitiesBSE Sensex 50BSE Sensex Next 50BSE Bharat 22BSE 150 MidCapBSE 250 SmallCapBSE 250 LargeMidCapBSE 400 MidSmallCapBSE AllCapBSE LargeCapBSE SmallCap SelectBSE 100 LargeCap TMCBSE InfraBSE ManufacturingBSE CPSEBSE Private BankBSE Diversified FinancialsBSE MomentumBSE Low VolatilityBSE QualityBSE Enhanced ValueBSE Divident StabilityS&P BSE IPOBSE SMEIPOBSE 100 ESGBSE CarbonexBSE GreenexNSE (Rs 0 to 10)NSE (Rs 10 to 20)NSE (Above Rs 20)NSE - AllNSE-50NSE ITNSE Nifty Midcap 50NSE JR. NiftyNSE Bank NiftyNIFTY Next 50NIFTY 100NIFTY 200NIFTY 500NIFTY MidCap 100NIFTY SmallCap 250NIFTY SmallCap 50NIFTY SmallCap 100NIFTY LargeMidCap 250NIFTY MidSmallCap 400NIFTY AutoNIFTY Consumer DurablesNIFTY FinanceNIFTY FMCGNIFTY MediaNIFTY MetalNIFTY PharmaNIFTY Private BankNIFTY PSU BankNIFTY RealtyNIFTY Oil & GasNIFTY SME EmergeNIFTY CommoditiesNIFTY CPSENIFTY EnergyNIFTY India ConsumptionNIFTY InfraNIFTY MNCNIFTY PSENIFTY Serv SectorNIFTY100 Liquid 15NIFTY Midcap Liquid 15NIFTY Midcap 150 Quality 50NIFTY50 Equal WeightNIFTY100 Equal WeightNIFTY100 Low Volatility 30NIFTY100 Alpha 30NIFTY Alpha 50NIFTY Dividend Opportunities 50NIFTY High Beta 50NIFTY Low Volatility 50NIFTY200 Quality 30NIFTY 500 Value 50NIFTY 100 Quality 30SECTORSAgricultureAirlinesAluminiumAsset Management CompaniesAutomobilesAuto AncillariesBanks (Private)Banks (PSU)BankingCementChemicalsDefenceDiagnosticsDronesEngineeringElectric VehicleElectric Vehicle BatteryEnergy SourcesESGEthanolFertilizersFintechFMCGFoodGreen HydrogenHotelsInfrastructureInsuranceInvestment and FinanceInvITIT (Large)IT (Others)LogisticsMediaMetalMiningIndia's Big Tech StocksIndian PharmaMNC PharmaPSUPaintPaperPlasticPowerRating AgenciesReal EstateREITsRenewable EnergyRetailingSemiconductorShippingSteelSugarSupply ChainTelecomTextilesTravel Support Services

10 results 25 results 50 results 100 results All results

Indian Share Market Update: Top Gainers and Losers