Stock Market Today: Sensex Resumes Record Run After One-Day Blip Led By RIL, M&M; FPIs Inflow Remains Buoyant
- Author: Rishabh Mishra
- Markets
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Jul 06, 2023 17:53 pm IST
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Published On Jul 06, 2023 17:53 pm IST
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Last Updated On Jul 06, 2023 17:53 pm IST
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Adani Green Energy has approved the raising of Rs 12,300 crore or about $1.5 billion via QIP.
Source: Exchange filing
#BREAKING: #CEAT’s market cap crosses Rs 10,000 crore-mark. #BQStocks
— BQ Prime (@bqprime) July 6, 2023
Read latest #stockmarket updates: https://t.co/nKfD1ZWacY pic.twitter.com/YZXkTRNvpl
The broader market indices outperformed the larger peers; the S&P BSE MidCap Index was up 0.56%, whereas S&P BSE SmallCap Index was 0.66% higher.
Fifteen out of the 20 sectors compiled by BSE advanced with S&P BSE Realty gaining the most. five sectors declined.
The market breadth was skewed in the favour of the buyers. About 2,025 stocks rose, 1303 declined, while 159 remained unchanged on the BSE.
Urban demand conditions remain resilient, while rural demand is recovering.
Factors that can constrain the pace of growth include escalation of geopolitical stress, enhanced global financial volatility, sharp price correction in global stock markets, El-Nino impact, modest trade activity and FDI inflows owing to frail global demand.
Source: Annual Economic Review, 2022-23, Department of Economic Affairs
JSW Steel's crude steel production declined 2% QoQ to 6.43 million tons in Q1 FY24.
Source: Exchange filing
The broader market indices outperformed the larger peers; the S&P BSE MidCap Index was up 0.29%, whereas S&P BSE SmallCap Index was 0.44% higher.
Fourteen out of the 20 sectors compiled by BSE advanced with S&P BSE Realty gaining the most. Six sectors declined.
The market breadth was skewed in the favour of the buyers. About 1,704 stocks rose, 674 declined, while 112 remained unchanged on the BSE.
Source: BSE
Piramal Enterprises had 2.6% equity or 61.1 lakh shares change hands in a large trade.
The buyers and the sellers were not known immediately.
Source: Bloomberg
Passenger vehicle sales rise 4.8% to 2.95 lakh units.
Two-wheeler sales rise 6.8% to 13.10 lakh units.
Commercial vehicle sales up 0.4% to 73,212 units.
Three-wheeler sales grow 75.5% to 86,511 units.
Tractors sales grow 41% to 98,660 units.
Source: FADA
At pre-open, the S&P BSE Sensex Index was down 48 points or 0.07% at 65,398.19 while the NSE Nifty 50 Index was 13 points or 0.07% higher at 19,385.70.
Source: Bloomberg
The yield on the 10-year bond opened 2 bps higher at 7.13% on Thursday.
It closed at 7.11 on Wednesday.
Source: Bloomberg
The local currency weakened about 15 paise to open at 82.37 against the U.S dollar on Thursday.
The local currency closed at 82.22 on Wednesday.
Source: Bloomberg
Eris Lifesciences had 2% equity or 27 million shares change hands in a bunch.
The buyers and the sellers were not known immediately.
Source: Bloomberg
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