Benchmark indices continued dream run on Tuesday as Sensex hit a fresh record high of 65,587, and Nifty touched new peak of 19,414. Nifty Bank hits also hit a record high of 45,435 today. Bajaj Finance, Bajaj Finserv, Hero MotoCorp, Titan and SBI were the top gainers on Nifty, while Eicher Motors, Bharti Airtel, Grasim, ONGC and Divi's Lab were the laggards
Shares of Bajaj Finance shares surged 8% to hit a fresh 52-week high of Rs 7,918 on NSE as the company reported upbeat numbers for the quarter ended June 2023. The company also recorded the highest-ever quarterly increase in its customer franchise of 3.84 MM in Q1FY24. The new loans booked during Q1 FY24 grew by 34% to 9.94 million compared to 7.42 million in Q1FY23
Shares of Eicher Motors slipped more than 5% today to hit an intraday low of Rs 3,423.15 on NSE after competitor Hero Moto Corp, along with Harley Davidson, announced the launch of X440 in India, which is the smallest and most affordable Harley-Davidson bike to ever come to India since the Street 750. Priced at Rs 2.29 lakh (ex-showroom), the X440 competes against the upcoming Royal Enfield Hunter 450 launched by Eicher Motors
Shares of Hero MotoCorp Ltd surged more than 3% in early trade on Tuesday to touch an intraday high of Rs 3,000 on NSE after its partnership with Harley Davidson helped it enter the 440cc segment where it had no presence so far. "The launch of the Harley Davidson X440 is a significant milestone in our premium journey and lays a strong foundation for our future growth," Hero MotoCorp Chairman Pawan Munjal said
Shares of ITC hit a fresh record high of Rs 466.20 on NSE today. Shares of ITC have surged about 65% from its 52-week low at Rs 284.85, while it has delivered a return of more than 210% from its Covid-19 lows. The stock has more than doubled in the last one and a half years
HMA Agro Industries shares opened the first-day first trade with a 7% premium to issue price on July 4, partly impacted by the tepid response from investors to its public issue. The stock made a debut at Rs 625 against the issue price of Rs 585 on the NSE. The company has raised Rs 480 crore via public issue. The price band for the offer was Rs 555-585 per share
Shares of Radico Khaitan advanced over 7% to hit a record high of Rs 1,395.00 on NSE after the company launched a new gin collection, "Happiness in a Bottle: A Happily Crafted Gin", strengthening its leading market position in the craft gin space
Shares of Nykaa owner FSN E-Commerce Ventures Ltd fell more than 2% to hit an intraday low of Rs 144.20 on NSE today after a huge block deal. Around 4.71 million shares changed hands in a two-block deal, according to Bloomberg. However, details of buyers and sellers of the deal were not known
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