Domestic benchmarks touched their new all-time high levels in early trade on Tuesday (July 4, 2023). The 30-share BSE Sensex pack rose 381 points to hit an all-time high of 65,587, while the broader NSE Nifty moved 91 points up to trade at its lifetime peak of 19,414
VK Vijayakumar, Chief Investment Strategist at Geojit Financial Services said, "The unabated surge in FPI inflows will keep the market resilient. The sharp U-turn in FPI investment from Rs 34,146 crore of selling in the first two months of this year to Rs 90,986 crore of buying in the last two months has turned the market decisively in favour of bulls."
Shares of Genus Power Infrastructures jumped 15.47% to hit their 52-week high level of Rs 149.65 in early trade. Market capitalisation (m-cap) of the firm rose to Rs 3,632.69 crore
Eicher Motors' stock was the top Nifty loser today, falling over 4% to Rs 3,477.80 on NSE. Market cap of the firm slipped to Rs 95,265.98 crore
Shares of IDFC gained 6.05% to hit a 52-week high of Rs 115.70 today. Market cap of the steel maker climbed to Rs 17,663.83 crore. Around 32.18 lakh shares changed hands today. Turnover on the counter stood at Rs 35.89 crore
Shares of Suzlon Energy surged 8.07% to hit a 52-week high of Rs 18.22 today amid a rally in the broader market. Around 5.09 crore shares changed hands today, which was higher than the two-week average volume of 3.56 crore shares. Turnover on the counter came at Rs 90.07 crore, commanding a market cap of Rs 21,883.93 crore
Shares of Tanla Platforms moved 6.37% higher to hit a 52-week high of Rs 1,083.45 in early trade. Market cap climbed to Rs 14,226.95 crore. Turnover on the counter came at Rs 4.27 crore
Shares of FMCG giant ITC rose 0.67% in hit a one-year high of Rs 466.05 in early trade today. Market cap of the firm rose to Rs 5,72,061.66 crore
Shares of Bajaj Finance soared 7.93% to hit a 52-week high of Rs 7,916.70 in early trade today against a previous close of Rs 7,335.35. Market cap of the firm climbed to Rs 4,77,527.82 crore. As of June 30, the NBFC's assets under management (AUM) grew 32 per cent to Rs 2,70,050 crore. Bajaj Finserv also gained today in what could be seen as a positive rub-off effect. The stock was up 5%. Further, as many as 148 stocks hit their 52-week high levels today
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