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Stock Market Today: Sensex, Nifty End At A Record High As HDFC Twins, RIL, Kotak Lead; FPIs Stay Net Buyers

Stock Market Today: Sensex, Nifty End At A Record High As HDFC Twins, RIL, Kotak Lead; FPIs Stay Net Buyers
A man carrying a briefcase walks in front of the Bombay Stock Exchange (BSE) in Mumbai. (Photographer: Prashanth Vishwanathan/Bloomberg)
3 years ago
The S&P BSE Sensex Index was up 467 points or 0.74% at 63,384.58 while the NSE Nifty 50 Index was 138 points or 0.74% higher at 18,826.

The headline indices were trading above their record closing highs as NSE Nifty 50 Index was above the 18,812.50 level, whereas S&P BSE Sensex was trading above 63,284.19 mark.

Source: Bloomberg

  • Parts of Gravita's Mundra plant have been damaged due to cyclone Biparjoy

  • Operations already suspended, to resume in a few days

  • Source: Exchange filing

The broader market indices outperformed the larger peers; the S&P BSE MidCap Index was up 0.47%, whereas S&P BSE SmallCap Index was higher by 0.83%.

Sixteen out of the 20 sectors compiled by BSE advanced while S&P BSE Information Technology, S&P BSE Realty, S&P BSE Oil and Gas and S&P BSE Teck declined.

The market breadth was skewed in the favour of buyers. About 2,144 stocks rose, 1,194 declined, while 149 remained unchanged on the BSE.

  • PDS Lifestyle has proposed to buy 100% stake in U.K.-based clothing brand New Lobster for Rs 150.51 crore

  • Source: Exchange filing

  • The approval has been granted for a three-year period with effect from July 23, 2023.

  • Source: Exchange filing

  • Shares of IKIO Lighting listed at Rs 391 per share on the BSE, a premium of 37.19% to its IPO price of Rs 285.

  • On the NSE, the stock listed at Rs 392.05 apiece, a 37.71% premium.

  • Its IPO was subscribed 66.30 times.

  • Source: BSE, NSE

  • Bank will issue unsecured, redeemable, non-convertible debentures on a private placement basis for an amount of Rs 7,000 crore.

  • Source: Exchange filing

  • Company will issue 15.38 lakh shares at Rs 521 apiece, amounting to Rs 91.19 crore.

  • The shares have been allotted after converting $1,000 million worth of 1.50% Foreign Currency Convertible Bonds due 2025.

  • Source: Exchange filing

  • Paras Defence and Space Technologies has bagged a contract worth Rs 53 crore from the Ministry of Defence for the supply of optronic periscopes.

  • Source: Exchange filing

Rites has signed a Rs 665 crore contract with National Railways of Zimbabwe for supply of 3000 diesel electric locomotives and high sided open wagons.

Source: Exchange filing

The broader market indices outperformed the larger peers; the S&P BSE MidCap Index was up 0.40%, whereas S&P BSE SmallCap Index was higher by 0.68%.

Eighteen out of the 20 sectors compiled by BSE advanced while S&P BSE Power and S&P BSE Teck declined.

The market breadth was skewed in the favour of buyers. About 1,934 stocks rose, 620 declined, 97 136 remained unchanged on the BSE.

Source: BSE

At pre-open, the S&P BSE Sensex Index was up 43 points or 0.07% at 62,960.73 while the NSE Nifty 50 Index was 35 points or 0.19% higher at 18,723.30.

Source: Bloomberg

  • The yield on the 10-year opened flat at 7.03% n Friday, it closed at 7.04% on Thursday.

  • Source: Bloomberg

  • The local currency strengthened by about 21 paise to open at Rs 81.97 against the U.S. dollar on Friday.

  • The rupee closed at 82.18 on Thursday.

  • Source: Bloomberg

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