Benchmark indices were trading higher in early deals today. The 30-share BSE Sensex gained 232 points to trade at 63,202, while the NSE Nifty rallied 68 points to 18,759
VK Vijayakumar, Chief Investment Strategist at Geojit Financial Services said, “An important feature of the rally that took the Sensex to record high was its weak structure and lack of enthusiastic investor participation. The market lacks momentum to take it convincingly to new highs. There is no support from the mother market US, either. In India, even though the rally is more broad-based, there is no valuation support to take the market much higher. So investors should wait and watch for clearer direction from the market.”
Time Technoplast shares rose nearly 6% to Rs 124.50 against the previous close of Rs 117.77 on BSE. The company has made timely repayment of maturity amounts of commercial papers due on June 26, 2023. Market cap of the firm stood at Rs 2,798.57 crore
Shares of gaming and casino firm Delta Corp rose over 4.5% to Rs 251.95 against the close of Rs 240.50 on BSE. A total of 1.53 lakh shares exchanged hands amounting to a turnover of Rs 3.79 crore. The stock was the top gainer on BSE. Market cap of the firm rose to Rs 6,711 crore
Shares of BLS International Services rose over 5% during early trade as the company looks to tap primary markets for listing of its wholly-owned subsidiary. BLS International Services gained more than 5% to Rs 203.45 on BSE
Shares of National Standard fell over 6.24% to Rs 4550 today against the previous close of Rs 4,853 on BSE. Market cap of the firm slipped to Rs 9332 crore. It was among the top losers on BSE. The firm saw 205 shares changing hands amounting to a high turnover of Rs 9.61 lakh on BSE
Shares of Adani Enterprises rose on Tuesday on the back of multiple factors including clarification on the US SEC matter and finalizing the record date for the dividend. The stock has rebounded sharply from Friday's carnage. The stock gained over 2% to Rs 2,344.30 on Tuesday, commanding a total market capitalization of more than Rs 2.63 lakh crore. The stock has risen over 6% in the last two sessions
Shares of Brightcom Group slipped 5% to Rs 28.58 in early trade today. It opened lower at the same level on BSE. Market cap of the firm fell to Rs 5767 crore
Shares of RattanIndia Power rose for the fourth straight session today. The rally in the stock came after RattanIndia Power raised a loan of Rs 1,114 crore. The company, in an exchange filing, said that it has refinanced its senior debt in a Rs 1,114 crore transaction led by Kotak Mahindra Bank. The stock zoomed 7.13% to hit its 52-week high of Rs 6.01 over its previous close of Rs 5.61
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