Stock Market
Share Market Today Live Updates June 5, 2024: OMCs lack pricing power on petrol, diesel rates in Q1FY25; dismal earnings ahead on margins: Kotak’s Sumit Pokharna
Share Market Today Live Updates: Catch today’s market wrap-up! Track Nifty 50 and Sensex movements, along with top gainers and losers. See how Asian and US markets fared and which sectors led the charge (or declined). Summary: Follow Mint’s market blog for real-time updates on your favourite companies. This blog keeps you informed on all things Dalal Street and global markets.
Disclaimer: This is an AI-generated live blog and has not been edited by LiveMint staff.
05 Jun 2024, 07:02:52 PM IST
Commodity News Today Live Updates: OMCs lack pricing power on petrol, diesel rates in Q1FY25; dismal earnings ahead on margins: Kotak’s Sumit Pokharna
- OMCs lack pricing power on petrol, diesel rates in Q1FY25; dismal earnings ahead on margins: Kotak’s Sumit Pokharna
05 Jun 2024, 07:00:06 PM IST
Stock Markets Today Live Updates: Ztech India makes disappointing debut, lists at 9% discount over IPO price
- The listing gains fell short of grey market estimates, attributed to a weak market following the underwhelming performance of the BJP-led National Democratic Alliance.
05 Jun 2024, 05:50:55 PM IST
Stock Markets Today Live Updates: Nifty 50 continues its wild swings; how should investors play this volatility?
- The Nifty 50 witnessed significant fluctuations due to investors reacting to the 2024 Lok Sabha election trends. Experts foresee minimal impact on the macroeconomic landscape post-election, advising investors to focus on quality stocks and maintain a long-term perspective.
05 Jun 2024, 05:47:10 PM IST
Mark To Market Today Live Updates: Will markets’ focus turn to earnings, finally?
- Though the broad policy direction of the government may not materially change, a potential tug-of-a-war between driving consumption and capex could keep equity investors on tenterhooks
05 Jun 2024, 05:37:42 PM IST
Stock Markets Today Live Updates: ICICI Securities upgrades Indian Hotels to ‘buy’; stock jumps over 7%
- Indian Hotels stock rose as much as 7.49 per cent on Wednesday’s trading session. The shares of the hospitality company closed at ₹570 per on June 5, against previous close at ₹530.30.
05 Jun 2024, 05:32:31 PM IST
Stock Markets Today Live Updates: 199% Returns in 1 Year: Multibagger railway PSU stock rallies 6% on back-to-back order wins; Time to buy?
- RVNL Share Price Today: Shares of Rail Vikas Nigam Ltd (RVNL)
05 Jun 2024, 04:45:01 PM IST
Stock Markets Today Live Updates: Vodafone Idea shares rise 13% after Care upgrades long-term ratings
- The company announced after the market hours on Tuesday. On June 4, the stock had settled at ₹13.20, plummeting nearly 17 per cent on the day of the vote count.
05 Jun 2024, 04:44:28 PM IST
Stock Markets Today Live Updates: It takes market about one week after poll results to revert to pre-election levels, says JPMorgan
- JP Morgan suggests derivatives strategies for post-election volatility normalisation in Indian equities. Historically, post-election periods experience volatility normalisation, it says,
05 Jun 2024, 04:28:04 PM IST
Stock Markets Today Live Updates: 4 auto stocks including Bajaj Auto, TVS Motor hit new all-time highs – here’s why
- Indian auto stocks surged in Tuesday’s trading session, with Nifty Auto index hitting a record high. Two-wheeler stocks like Bajaj Auto, HeroMoto Corp., and TVS Motor Company reached fresh highs.
05 Jun 2024, 04:06:09 PM IST
Stock Markets Today Live Updates: TDP chief Chandrababu Naidu’s poll win spurs stock rally: Heritage Foods up 20%, Amara Raja rises 13%. Should you buy?
- The stock market on June 5 witnessed significant rallies in two stocks linked to TDP chief Chandrababu Naidu, who will take oath as Andhra CM on June 9. Heritage Foods surged 20 per cent to ₹546.95 on BSE, while Amara Raja Energy rose 13.04 per cent to ₹1,224.40.
05 Jun 2024, 04:03:19 PM IST
Stock Markets Today Live Updates: Top Gainers and Losers today on 5 June, 2024: Adani Ports & Special Economic Zone, Indusind Bank among most active stocks; Check full list here
- Top Gainers and Losers Today : The Sensex gained 2303.19 points, or 3.2, to settle at 72079.05, while the Nifty gained 735.85 points, or 3.36, to close at 21884.5.
05 Jun 2024, 03:32:16 PM IST
Stock Markets Today Live Updates: Stock market today: Nifty 50, Sensex rebound sharply; investors earn over ₹12 lakh crore in a day
- Stock market today: Nifty 50, Sensex rebound sharply; investors earn over ₹12 lakh crore in a day
05 Jun 2024, 03:10:33 PM IST
Stock Markets Today Live Updates: Top Stock Recommendations: Sagar Doshi of Nuvama suggests Abbott India, Dabur, and Federal Bank today
- Top Stock Recommendations: Sagar Doshi of Nuvama Professional Clients Group recommends these three stocks today – Abbott India Ltd, Dabur India Ltd, and Federal Bank Ltd.
05 Jun 2024, 02:52:19 PM IST
Stock Markets Today Live Updates: Persistent, Coforge to HCL Tech: Why are IT stocks skyrocketing?
- The Nifty IT index gained around 2.50% on Wednesday despite high volatility on Dalal Street
05 Jun 2024, 02:41:40 PM IST
Stock Markets Today Live Updates: Volatility could continue for another two weeks; Nifty may reach 23,500 by December end, says Trivesh D of Tradejini
- Trivesh D, COO, Tradejini believes high market volatility may continue for another week or two due to mixed portfolio allocation after the elections. The banking sector is expected to outperform with a projected earnings growth of 14% CAGR.
05 Jun 2024, 02:26:51 PM IST
Stock Markets Today Live Updates: CLSA reshuffles India portfolio post election results; limits exposure in ‘Modi stocks’ to only 2
- CLSA revises India portfolio post Lok Sabha election results, limiting exposure to ‘Modi stocks’ to ONGC and Reliance Industries.
05 Jun 2024, 02:15:27 PM IST
Stock Markets Today Live Updates: TMC MP Saket Gokhale writes to Sebi for investigation into alleged stock market manipulation through exit polls 2024
- The TMC leader has asked SEBI to investigate if there were entities that booked profits through selling on 3rd June and made even more profits on 4th June by short selling and whether any of these entities have direct or indirect links with the BJP or with pollsters like Axis MyIndia.
05 Jun 2024, 02:07:28 PM IST
Mark To Market Today Live Updates: Lemon Tree’s crown jewel Aurika Mumbai, renovations hold the key for investors to check in
- Lemon Tree’s high debt, moderation in room rates in Mumbai and Bengaluru, and the lower-than-expected performance of Aurika Mumbai since it opened in October are key risks for the company
05 Jun 2024, 01:32:53 PM IST
Stock Markets Today Live Updates: 3 stocks that promoters bought during the market crash post election result
- With election season done and dusted, it’s time to focus on bottom-up investing approach.
05 Jun 2024, 01:26:00 PM IST
Stock Market News Today Live Updates: Mint Explainer: Sebi’s beef with virtual trading apps
- India’s market regulator wants to put an end to the sharing of real-time market data on fantasy and social trading platforms. Is this the end of virtual trading apps?
05 Jun 2024, 01:22:22 PM IST
Stock Markets Today Live Updates: Avoid ‘narrative’ stocks, focus on fundamentals, says Kotak Institutional post Lok Sabha election results
- After a fractured mandate in the 2024 Lok Sabha elections, Kotak Institutional Equities expects investors to focus more on fundamentals and less on narratives. The brokerage anticipates a reset in the market’s investment stance towards ‘narrative’ stocks.
05 Jun 2024, 01:21:32 PM IST
Stock Markets Today Live Updates: Sugar stock Davangere Sugar Company jumps 10% after announcement of capacity expansion move
- Sugar stock today opened flat but witnessed strong buying interest during the stock market’s rebound
05 Jun 2024, 01:08:28 PM IST
Stock Markets Today Live Updates: FMCG stocks likely to see valuation re-rating, says Emkay Global; upgrades HUL, Nestle; cuts ITC share price target
- FMCG sector valuation is likely to see a re-rating with the emergence of tailwinds that align well with the enhancement in company execution. From the near-term perspective, the full Union Budget could likely boost consumption prospects, analysts said.
05 Jun 2024, 01:01:47 PM IST
Stock Markets Today Live Updates: PSU meltdown continues: Stocks extend bearish streak for 2nd day; Bharat Dynamics hits 10% lower circuit
- PSU stocks continued downward spiral for the second day due to unexpected election results deviating from exit polls predictions. Investors remain optimistic about capital expenditure but are concerned about policy stability. BSE PSU index saw a 4.5% decline.
05 Jun 2024, 12:16:51 PM IST
Stock Markets Today Live Updates: Election results shocker! PSUs unlikely to re-rate, FMCG, private banks in focus, says PL; lists top stock picks
- BJP faces setbacks in UP, Maharashtra, and West Bengal, impacting reforms. Global election watch includes US FED’s stance. Brokerage expects PSU, Capital Goods, Infra’s re-rating paused until policy clarity.
05 Jun 2024, 12:16:37 PM IST
Stock Markets Today Live Updates: Lok Sabha Election results 2024: What does lack of BJP majority mean for market, economy? Foreign brokerages weigh in
- Nifty has delivered 9% and 8% returns in 3 and 6 months, respectively, post general elections since 1991, indicating that in the past a correction or dip has typically ended up as a buying opportunity over the longer term.
05 Jun 2024, 12:13:35 PM IST
Stock Markets Today Live Updates: NDA fails ‘400 Paar’: Dalal Street faces worst crash in 4 years – 5 key tips for retail investors
- Indian stock market faces steep decline post NDA’s failure to achieve ‘400 Paar’ milestone in recent elections, triggering panic among investors due to political uncertainty and incorrect exit polls. Here are some advices for retail investors in current market turmoil
05 Jun 2024, 11:45:16 AM IST
Stock Markets Today Live Updates: Why is Indian stock market rising after TDP leader Chandrababu Naidu’s statement?
- Stock market today: After a tepid opening on Wednesday, the Indian stock market witnessed strong buying that pulled frontline indices up to 2%
05 Jun 2024, 11:37:39 AM IST
Stock Markets Today Live Updates: Ixigo IPO: Price band set at ₹88-93 per share; check issue details here
- Ixigo’s IPO is set to raise ₹740 crore through a price band of ₹88-93 per share. The company aims to utilise the funds for working capital, technology investments, and strategic growth initiatives.
05 Jun 2024, 11:31:18 AM IST
Stock Markets Today Live Updates: Stock market today: Nifty FMCG index jumps 5%. Marico, Britannia, COLPAL touches record high
- Stock market today: The Nifty FMCG Index extended its post-Lok Sabha Election result rally and registered 5% rise in opening bell
05 Jun 2024, 11:10:21 AM IST
Stock Markets Today Live Updates: Multibagger Mazagon Dock gets ‘sell’ call from ICICI Securities; brokerage sees over 66% downside – here’s why
- ICICI Securities issues ‘sell’ call on Mazagon Dock Shipbuilders, setting target price at ₹900, indicating over 66% downside from previous close.
05 Jun 2024, 11:00:05 AM IST
Stock Market News Today Live Updates: Bannari Amman Sugars, Iris Clothings & others hit 52 week low today ;Check the full list here?
- Following shares hit their 52 week low today – Bannari Amman Sugars, Iris Clothings, Anupam Rasayan India, EPL, RAJRATAN GLO
05 Jun 2024, 11:00:04 AM IST
Stock Market News Today Live Updates: Dabur India, Godrej Consumer Products & others hit 52 week high today ; Do you own any?
- Following shares hit their 52 week high today – Dabur India, Godrej Consumer Products, Mahindra & Mahindra, Divis Laboratories, Bajaj Auto
05 Jun 2024, 10:15:22 AM IST
Commodity News Today Live Updates: Gold and silver prices today on 05-06-2024: Check latest rates in your city
- Gold And Silver Prices Today:Gold And Silver Prices Today : 10 gm of 24 carat gold was at Rs.74200.0 in Delhi whereas 1 kg of silver was Rs.88930.0 in Delhi.
05 Jun 2024, 10:11:44 AM IST
Stock Markets Today Live Updates: New Texas stock exchange takes aim at New York’s dominance
- The Texas Stock Exchange has raised about $120 million from investors including BlackRock and Citadel Securities, and plans to take on the NYSE and Nasdaq.
05 Jun 2024, 10:03:04 AM IST
Stock Markets Today Live Updates: Multibagger Angel One shares jumps 7% after company’s client base rose 63.3% in May
- Angel One’s shares surged by 7% to ₹2,404 in today’s trade after positive investor reaction to May’s business update. The company’s client base increased by 63.3% to 23.83 million, with transactions rising by 75.2% YoY in May 2024.
05 Jun 2024, 09:49:48 AM IST
Stock Markets Today Live Updates: Average fund managers not data-driven; their biases hurt investors, says Devina Mehra of First Global
- Devina Mehra, the founder and CMD of First Global, wrote on X that average fund managers are not fact or data-driven which impacts their performance.
05 Jun 2024, 09:49:43 AM IST
Stock Markets Today Live Updates: Election stocks to buy or sell: Sun TV to Pidilite — Sumeet Bagadia recommends three breakout stocks today
- Stocks to buy today: After the Lok Sabha Election result, Sumeet Bagadia has recommended buying these five breakout stocks — Godrej CP, Max India, Pidilite, Sun TV, and McDowell-N
05 Jun 2024, 09:42:10 AM IST
Stock Markets Today Live Updates: Adani Ports, Adani Energy, Adani Green other Adani Group stocks continue to suffer losses; down up to 14%
- Adani Enterprises, Adani Energy Solutions, Adani Ports & SEZ, Adani Green Energy, Adani Power, Adani Total Gas and Adani Wilmar shares fell in between 2% to 14% each.
05 Jun 2024, 08:58:12 AM IST
IPO News Today Live Updates: Kronox Lab Sciences IPO day 3: GMP, review to subscription status. Apply or not?
- Kronox Lab Sciences IPO GMP today is ₹82, say stock market observers
05 Jun 2024, 08:32:16 AM IST
Stock Markets Today Live Updates: Before Market Opens: 9 essential things to know at 9 am on June 5, 2024
- Before Market Opens: Indian markets are likely to open on a negative note on Wednesday extending losses from the massive crash in the previous sessions as the election race was tighter than expected. Let’s take a look at some key cues before the market opens today:
05 Jun 2024, 08:07:44 AM IST
Stock Markets Today Live Updates: Stocks to watch: Hindalco, TaMo, SBI, GPT Infra, IIFL Finance
- Here are a few stocks likely to be in focus on Wednesday, 5 May:
05 Jun 2024, 07:56:37 AM IST
Stock Markets Today Live Updates: Stock market today: Trade setup for Nifty 50 to India VIX, five stocks to buy or sell on Wednesday — June 5
- Stocks to buy today: Experts have recommended buying these five buy or sell stocks — Heritage Foods, Dabur, Marico, McDowell-N, and Tata Consumer
05 Jun 2024, 07:49:52 AM IST
Stock Markets Today Live Updates: Nifty 50, Sensex today: What to expect from Indian stock market in trade on June 5 after Lok Sabha election results 2024
- The trends on Gift Nifty also indicate a gap-up start for the Indian benchmark index. The Gift Nifty was trading around 22,060 level, a premium of nearly 150 points from the Nifty futures’ previous close.
05 Jun 2024, 07:18:25 AM IST
Stock Markets Today Live Updates: Indian stock market: 8 key things that changed for market overnight – Gift Nifty to Lok Sabha Election Results 2024
- Indian stock market: Gift Nifty was trading around 22,040 level, a premium of nearly 130 points from the Nifty futures’ previous close, indicating a gap-up start for the Indian stock market indices.
05 Jun 2024, 06:45:10 AM IST
Stock Markets Today Live Updates: Buy or sell: Vaishali Parekh recommends three stocks to buy today — June 5
- Buy or sell stocks: Vaishali Parekh has recommended three stocks to buy today — Max Healthcare, Apollo Hospitals, and COLPAL
05 Jun 2024, 06:22:30 AM IST
Stock Markets Today Live Updates: Election Results 2024: Here’s what to expect from Indian stock market and what should be your trading strategy
- Stock markets tend to recover and even thrive in the longer term, despite initial volatility. For instance, even after the 2014 and 2019 elections, the Indian stock market saw significant gains in the months following the election results.
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