Benchmark indices were trading in the green today. The 30-share Sensex climbed 502 points to 66,858 and Nifty gained 139 points to 19,819
VK Vijayakumar, Chief Investment Strategist at Geojit Financial Services said, “Globally, market participants will be closely watching the Fed chief Jerome Powell’s comments about the disinflation process in the US and the likely trend in interest rates. A 25 bp rate hike, already discounted by the market, will not trigger any market move. But if the Fed chief indicates that inflation is coming under control and, therefore, no further rate hikes are needed, that will be a big trigger for markets to move up."
Shares of the gaming and casino firm rose 2% to Rs 193.10 today after the firm reported a net profit of Rs 68 crore for the quarter ended June 2023 against a net profit of Rs 57 crore. Revenues rose 9% to Rs 273 crore against Rs 250.3 crore in the corresponding period of the preceding fiscal. Market cap of the firm rose to Rs 5,115 crore on BSE
Continue viewing BT Visual Story
Catch the latest business news, share market updates, expert analysis and exclusives only on BTTV.in
Shares of Tata Motors rose 4% to a record high of Rs 665.30 in early trade after the firm logged a higher-than-expected consolidated net profit of Rs 3,203 crore in Q1. Revenue from operations climbed 42% to Rs 1.02 lakh crore. Market cap of the firm rose to Rs 2.15 lakh crore
Shares of L&T gained 4% to touch their 52-week high of Rs 2,670 on BSE. Market cap of the firm rose to Rs 3.74 lakh crore. A total of 1.02 lakh shares changed hands amounting to a turnover of Rs 26.96 crore on BSE
Shares of CEAT gained 4.64% to Rs 2,592.50 on BSE. Market cap of the firm rose to Rs 10,391 crore. A total of 0.47 lakh shares changed hands amounting to a turnover of Rs 12.13 crore on BSE. CEAT posted net profit of Rs 145 crore in the first quarter. In the corresponding quarter last year, CEAT reported a net profit of Rs 9.3 crore
The Board of Piramal Enterprises will meet on July 28 to consider a share buyback proposal. Subsequently, the stock rose nearly 4% to Rs 1,044.30 on BSE. Market cap of the firm rose to Rs 24,813 crore. A total of 0.62 lakh shares changed hands amounting to a turnover of Rs 6.5 crore on BSE
Adani Green Energy shares were among the top BSE gainers today. The stock rose nearly 9% to Rs 1,185 on BSE. Market cap of the firm rose to Rs 1.83 lakh crore. A total of 3.91 lakh shares changed hands amounting to a turnover of Rs 44.81 crore on BSE
Suzlon Energy shares were among the top BSE losers today. The stock fell 5% to Rs 18.05 on BSE. Market cap of the firm fell 22,392 crore on BSE. A total of 29.69 lakh shares changed hands amounting to a turnover of Rs 5.35 crore on BSE. Suzlon Energy reported a 95.85% YoY fall in net profit at Rs 100.90 crore for the June quarter compared with Rs 2,392.87 crore in the same quarter last year
Reliance Industries stock zoomed nearly 3% to Rs 2,547.25 today. It opened flat at Rs 2,480.10 on BSE. Market cap of the firm climbed to Rs 17.23 lakh crore. A total of 0.72 lakh shares changed hands amounting to a turnover of Rs 18.32 crore on BSE
Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Business Today. Investors should consult their financial advisors before taking any position