Stock Market Today: Sensex Resumes Record Run After One-Day Blip Led By RIL, M&M; FPIs Inflow Remains Buoyant

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Stock Market Today: Sensex Resumes Record Run After One-Day Blip Led By RIL, M&M; FPIs Inflow Remains Buoyant
Stock market trend, financial graph on a computer screen. (Source: Freepik)
3 years ago
The S&P BSE Sensex Index closed up 340 points or 0.52% at 65,785.63 while the NSE Nifty 50 Index was 99 points or 0.51% higher at 19,497.30.
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Jul 06, 2023 15:07 (IST)

  • Adani Green Energy has approved the raising of Rs 12,300 crore or about $1.5 billion via QIP.

  • Source: Exchange filing

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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.

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  • 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

Jul 06, 2023 09:50 (IST)

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  • JSW Steel's crude steel production declined 2% QoQ to 6.43 million tons in Q1 FY24.

  • Source: Exchange filing

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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

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  • 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

Jul 06, 2023 09:10 (IST)

  • 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

Jul 06, 2023 09:09 (IST)

  • 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

Jul 06, 2023 09:05 (IST)

  • 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

Jul 06, 2023 09:05 (IST)

  • 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

Jul 06, 2023 08:54 (IST)

  • 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

Jul 06, 2023 05:33 (IST)

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