The BSE Sensex increased 343.55 points or 0.53% to 65,548.60, and the NSE Nifty 50 increased 85.90 points or 0.44% to 19,408.45. Tuesday’s domestic indices started the day in the green. The sectors indexes for Bank Nifty rose by 116.70 points or 0.26%, Nifty Financial Service by 0.84%, Nifty IT by 0.51%, and Nifty Pharma by 0.91%, to reach 45,274.80.
Bajaj Finance, Bajaj Finserv, Hero MotoCorp, Titan, and Larsen & Toubro were among the Nifty 50’s top gainers; Eicher Motors, Bharti Airtel, ONGC, NTPC, and Tata Steel were among the index’s top losers.
Today Gainers
Punjab National Bank, Bank of India, Indian Overseas Bank, Punjab & Sind Bank, and Indian Bank were the biggest gainers as the Nifty PSU Bank index increased 2.8% to 4,377.25. To educate, enlighten, and raise awareness about the strategies used by scammers to deceive investors, Angel One launched the first-ever industry-wide fraud awareness campaign, jagruktejabhai, across platforms.
The benchmark indexes NSE Nifty 50 and BSE Senxex reached fresh all-time highs; the Nifty 50 cleared the 19,400 thresholds while the BSE Sensex soared past 65,600.
- BSE Sensex, NSE Nifty 50 rise, domestic indices rise, sectoral indexes rise.
- Banks gain as the Nifty PSU Bank index rises 2.8%. Angel One launches fraud awareness campaign.
- Share prices rise in Bajaj Finance, Avenue Supermarts, Q1FY24.
The Avenue Supermarts (D-Mart), Hero Motocorp, Vehicle Finance, and V-Mart Retail have all been added to the “Buy” list by Motilal Oswal analysts.
Senco Gold’s Rs 405 crore initial public offering (IPO) went on sale, and 21 anchor investors contributed Rs 121.49 crore. On July 6, the first public offering will end. 9,90,102 shares have been bid on in total, or 0.11 times, for the issue.
After receiving FDA approval for its abbreviated new drug application for Cyanocobalamin nasal spray, Lupin’s share price increased by 0.38% to Rs 895.
Bajaj Finance’s share price increased 7% to Rs 7854.9, while Avenue Supermarts’ share price increased 1.27% to Rs 3914.35. When compared to the same period the previous year, assets under management increased by 32% to Rs 2.7 lakh crore in Q1FY24.