Stock Market Live Updates: Stock to buy today: ICICI Securities (₹772): BUY

Updated – June 27, 2024 at 08:34 AM.

Sensex, Nifty, Share Prices LIVE: Sensex and Nifty are poised for continued gains on Thursday, driven by strong performances in key sectors and positive sentiment from heavyweight stocks like Reliance Industries. The Nifty has surged over 1,400 points this series, with futures indicating a cautious start at 23,810. Analysts foresee heightened volatility due to the settlement week for Nifty derivatives but maintain a bullish undertone, supported by sectors such as telecom and cement. Additionally, the spectrum auction results have been in line with expectations, contributing to the overall market outlook.

istock photo for BL | Photo Credit: iStockphoto

Stock Market today | Share Market Live Updates – Find here all the live updates related to Sensex, Nifty, BSE, NSE, share prices and Indian stock markets for 27 June 2024.

ALL UPDATES

June 27, 2024 08:30

Stock Market Live Today: Indian markets could open flat to mildly higher, says Deepak Jasani of HDFC Securities

US indexes ended marginally higher on Wednesday, lifted by Amazon.com Inc after it announced a major foray into generative AI. The firm also crossed the $2 trillion valuation mark. Big tech got hit in late US trading after Micron Technology Inc.’s outlook failed to meet the lofty expectations for the industry that has powered the bull market in stocks. Micron slumped in late hours, dragging down some chipmakers including giant Nvidia Corp.

China’s industrial profits rose at a much slower pace in May, official data showed on Thursday, underlining the struggles faced by the world’s second-largest economy as weak domestic demand crimps overall growth. Earnings rose 0.7% year-on-year last month after a 4% increase in April while gains over the first five months also eased to 3.4% from 4.3% in the January-April period

The Japanese yen hit a near-38 year low against the U.S. dollar late Wednesday, raising expectations that authorities could intervene in currency markets again. The yen weakened to 160.82 against the greenback according to FactSet data, breaching the previous record of 160.03 on April 29 and reaching its weakest level since 1986.

US home sales slumped in May while the median sales price nudged lower, the Commerce Department reported Wednesday. Sales of new single-family homes totaled 619,000 for the month, down 11.3% from the upwardly revised figure for April, which was revised all the way up to 698,000 from the initial estimate of 634,000.

The most anticipated economic data due this week is the US personal consumption expenditures (PCE) price index – the Fed’s preferred inflation gauge – on Friday.

Shares in Asia recovered early losses on Thursday morning after US tech companies dropped in late US trading.

Nifty rose for the third consecutive session to close at yet another new all time high. At close, Nifty was up 0.62% or 147.5 points at 23868.80. Trend of the Nifty remains positive. The level of 23660 has become new support for the Nifty. On the higher side, next resistance is seen at 24125, which happens to be 138.2% Fibonacci retracement of the entire fall seen from 23338 (3rd June Top) to 22281 (4th Jun Bottom).
June 27, 2024 08:29

Stock Market Live Today: Stock Split Dates

Avonmore Capital & Management Services Limited

Stock Split From Rs.10/- to Rs.1/-

Previous day Closing Price – Rs. 134.55

Ex – Stock Split 28 June 2024 (Tomorrow)

Last day trade for before split Today
June 27, 2024 08:29

Stock Market Live Today: Dividend Dates

Ex-Dividend 28 June 2024 (Tomorrow)

Last date for Cum-Dividend Today

Aeroflex Industries Ltd

Dividend Per Share Rs.0.25

Previous day Closing Price – Rs. 162.85

Andhra Petrochemicals Ltd.

Dividend Per Share Rs.2

Previous day Closing Price – Rs. 119.4

Bajaj Holdings & Investment Ltd.

Dividend Per Share Rs.21

Previous day Closing Price – Rs. 8512.7

Bank Of Baroda

Dividend Per Share Rs.7.6

Previous day Closing Price – Rs. 280.95

Dhampur Bio Organics Ltd

Dividend Per Share Rs.2.5

Previous day Closing Price – Rs. 147.9

Gic Housing Finance Ltd.

Dividend Per Share Rs.4.5

Previous day Closing Price – Rs. 251.05

Indusind Bank Ltd.

Dividend Per Share Rs.16.5

Previous day Closing Price – Rs. 1497.75

Kalpataru Projects International Ltd

Dividend Per Share Rs.8

Previous day Closing Price – Rs. 1188.15

Ksolves India Ltd

Dividend Per Share Rs.8

Previous day Closing Price – Rs. 1144.9

Maharashtra Scooters Ltd.

Dividend Per Share Rs.60

Previous day Closing Price – Rs. 8749.55

Mawana Sugars Ltd.

Dividend Per Share Rs.4

Previous day Closing Price – Rs. 128

Nippon Life India Asset Management Ltd

Dividend Per Share Rs.11

Previous day Closing Price – Rs. 660.85

Rec Ltd

Dividend Per Share Rs.5

Previous day Closing Price – Rs. 515.15

Rpg Life Sciences Ltd.

Dividend Per Share Rs.16

Previous day Closing Price – Rs. 1640.65

Swaraj Engines Ltd.

Dividend Per Share Rs.95

Previous day Closing Price – Rs. 3005.95

Syngene International Ltd

Dividend Per Share Rs.1.25

Previous day Closing Price – Rs. 709.6

Vaibhav Global Ltd

Dividend Per Share Rs.1.5

Previous day Closing Price – Rs. 312.95

Welspun Corp Limited

Dividend Per Share Rs.5

Previous day Closing Price – Rs. 566.2
June 27, 2024 08:28

Stock Market Live Today: Trading Tweaks

Ex/record Dividend: Titan, Supreme Petrochem.

Ex/record AGM: Titan, Devyani International, Supreme Petrochem.

Ex/record Bonus Issue: Aurionpro Solutions.

Ex/record Stock Split: Share India Securities.

Moved out short-term Framework: Bajaj Hindusthan Sugar, IIFL Securities, Marine Electricals (India), Praj Industries.

Moved in short-term Framework: Omaxe.
June 27, 2024 08:27

Stock Market Live Updates: Pledge Share Details

Gensol Engineering: Promoter Anmol Singh Jaggi revoked a pledge for 6 lakh shares on June 25.
June 27, 2024 08:27

Stock Market Live Today: Insider Trades

Tide Water Oil (INDIA): Promoter Standard Greases & Specialities bought 38,762 shares on June 25.

Salasar Techno Engineering: Promoter Kamlesh Gupta sold 21.4 lakh shares between June 19 and 24.

KNR Construction: Promoter K. Narsimha Reddy sold 4.35 lakh shares between June 24 and 25.
June 27, 2024 08:21

Stock Market Live Today: IPO offering

Allied Blenders and Distillers: The public issue was subscribed to 1.52 times on day 2. The bids were led by institutional investors (0.14 times), non-institutional investors (2.98 times), retail investors (1.65 times) and a portion reserved for employees (5.09 times).

Vraj Iron and Steel: The public issue was subscribed to 3.47 times on day 1. The bids were led by institutional investors (0.61 times), non-institutional investors (3.53 times) and retail investors (5.07 times).
June 27, 2024 08:21

Stock Market Updates: Stocks To watch out for today

Dr Reddy’s Labs: The company’s Switzerland subsidiary will acquire NorthStar Switzerland and related portfolios from Haleon for an upfront cash consideration of 458 million pounds. It will pay an additional performance-based contingent of 42 million pounds in 2025 and 2026.

Telecom Stocks: Bharti Airtel acquired the 97 MHz spectrum in the 900 MHz, 1,800 MHz and 2,100 MHz frequency bands for Rs 6,857 crore over a period of 20 years. Reliance Jio bought

14.4 MHz of spectrum worth Rs 974 crore and Vodafone Idea bagged 30 MHz of spectrum worth Rs 3,510 crore.

JSW Energy: Unit JSW Neo Energy signed a power purchase agreement through its subsidiaries for 1,325 megawatts of renewable energy projects likely to be commissioned in the next 21-24 months.

ITD Cementation: The company secured a new marine contract worth Rs 1,082 crore for constructing the Third Berth (Jetty) and specified additional works in Gujarat.

KEC International: The company received a new order worth Rs 1,025 crore for its transmission and cable business.

Ramky Infrastructure: The company received two contracts worth Rs 107 crore and Rs 23 crore from PowerGrid Energy Services.

Navin Fluorine: The board will meet on June 29 to discuss the Rs 750 crore fundraise.

Patanjali Foods: Baba Ramdev and Acharya Balkrishna received notice from Kozhikode Court over advertisements relating to ayurvedic medicines from Divya Pharmacy. Ramdev and Balkrishna have been asked to appear in person or through counsel before the court on July 6.

PI Industries: The company announced an offer to acquire Plant Health Care Plc for a purchase consideration of about 32.8 million pounds, proposed to be paid in cash and funded via QIP proceeds. The consummation of the proposed acquisition, subject to UK regulations, is expected to be completed by the second quarter of FY25.

Sona BLW Precision Forgings: The company received certification for traction motors for electric two-wheelers under the PLI Scheme for the automobile and auto component industry in India from the government.

PTC India Finance: The board appointed R. Balaji as MD and CEO following RBI approval.

RVNL: The company’s JV with KRDCL received a letter of acceptance from Southern Railway for automatic signalling work in the Ernakulam-Trivandrum division in Kerala.

SJVN: SJVN Green Energy signed an agreement with AM Green Ammonia India for cooperation on the supply and sourcing of renewable energy for green ammonia plants.

Tata Communication: The company transferred its identified new edged digital services business to unit Novamesh effective April 1.

Jubilant Ingrevia: The company appointed Varun Gupta as CFO effective Aug. 12.
June 27, 2024 08:20

Stock Market Live Today: Fund Houses Stock Recommendations

CLSA Laurence (technical analyst) on HDFC Bank: Maintain Buy on Bank, target price at Rs 2373/Sh (Positive)

Jefferies on PI Ind: Maintain Buy on Company, target price at Rs 4750/Sh (Positive)

Equirus on PI Ind: Maintain Buy on Company, target price at Rs 5500/Sh (Positive)

Jefferies on Polycab: Maintain Buy on Company, target price at Rs 8420/Sh (Positive)

MS on Go Digit: Initiate Equal weight on Company, target price at Rs 338/Sh (Positive)

Citi on PB Fintech: Maintain Buy on Company, target price at Rs 1600/Sh (Positive)

Equirus on Nykaa: Maintain Buy on Company, target price at Rs 240/Sh (Positive)

GS on Shree Cement: Upgrade to Neutral on Company, raise target price at Rs 28500/Sh (Positive)

GS on Ultratech: Maintain Buy on Company, raise target price at Rs 11650/Sh (Positive)

GS on Ambuja Cement: Maintain Neutral on Company, raise target price at Rs 695/Sh (Positive)

UBS on Banks: Seasonally weak quarter; however YoY momentum intact. HDFC Bank could witness expansion (Positive)

BofA on IT: Q1 preview- Fewer instances of cuts to IT spends; Infosys could lead peers (Positive)

GS on Financials: Prefer CreditAccess, L&T FH and Shriram Fin (Positive)

BofA on Dr Reddy’s: Maintain Buy on Company, target price at Rs 6900/Sh (Positive)

Nomura on Dr Reddy’s: Maintain Neutral on Company, target price at Rs 6499/Sh (Neutral)

Jefferies on Dr Reddy’s: Maintain Underperform on Company, target price at Rs 5010/Sh (Neutral)

Jefferies on Bharti Hexa: Downgrade to Hold on Company, target price at Rs 1290/Sh (Neutral)

GS on ACC: Downgrade to Sell on Company, raise target price at Rs 2500/Sh (Neutral)

GS on Dalmia Bharat: Maintain Neutral on Company, cut target price at Rs 1900/Sh (Neutral)
June 27, 2024 08:19

Stock Market Live News: Ganesha Ecosphere Invests ₹100 Cr in Ganesha Ecopet

Ganesha Ecosphere: Co invests Rs 100 cr in equity share capital of unit named Ganesha Ecopet Private Ltd by subscribing to 10 crore equity shares at par
June 27, 2024 08:04

Stock Recommendations: Stock Recommendations: Krystal Integrated (Buy)

Krystal Integrated Services is a leading integrated facilities management services company in India, specialsing in diverse sectors such as healthcare, education, public administration, airports, railways and metro infrastructure, and retail.

With 77.6 per cent of its revenue sourced from government contracts, Krystal stands as a strong player in the industry. The company’s revenue composition is 54.7 per cent from Integrated Facilities Management Services (IFMS), 31.7 per cent from Staffing Services, 10.7 per cent from Security Services, and 2.9 per cent from Catering Services.
June 27, 2024 07:42

Stock Market Live News: Economic Calendar – 27.06.2024

15:00 U.K. BOE Gov Bailey Speaks

18:00 U.S. Final GDP q/q (Expected: 1.4% versus Previous: 1.3%)

18:00 U.S. Unemployment Claims (Expected: 240K versus Previous: 238K)

18:00 U.S. Durable Goods Orders m/m (Expected: -0.1% versus Previous: 0.6%)

19:30 U.S. Pending Home Sales m/m (Expected: 0.6% versus Previous: -7.7%)
June 27, 2024 07:42

Stock Market Live News: Major U.S. listed stocks result calendar 27.06.2024

McCormick & Company, Incorporated (Pre market) (Sector – FMCG)

Walgreens Boots Alliance, Inc. (Pre market) (Sector – Retail Pharmacy Chain)

Nike, Inc. (Post market) (Sector – Textiles and Footwear)
June 27, 2024 07:41

Stock Market Live News: Securities in F&O Ban For Trade Date 27-June-2024

* GNFC

* INDIACEM

* INDUSTOWER

* PNB

* SAIL
June 27, 2024 07:41

Stock Market Live Today: Stocks that will see action today: June 26, 2024

Buzzing stocks: Reliance, Vodafone Idea, SBI, CSB Bank, Dr Reddy’s Lab, Archean Chemicals, SJVN, Exide Ind, PI Industries, Ramky Infra, India Cements, NIBE, Orbit Exports, Jupiter Wagons, Technopack Polymers, ItD Cementation,
June 27, 2024 07:40

Stock Market Live News: SEBI board meet today

Important issues to come up for discussion:

* Review of entry criteria for stock F&O and other regulations,

* Separate delisting regulation for Investment and Holding companies,

* Regulation for fin-fluencers, Fee collection for RIAs and Mutual Funds etc.
June 27, 2024 07:20

Stock Market Live Today: Ather Energy to open third manufacturing facility in Maharashtra

Ather Energy, one of India’s electric two-wheeler manufacturers, announced plans to set up its third manufacturing facility in Bidkin, AURIC, Chhatrapati Sambhaji Nagar, Maharashtra. This new facility will manufacture both electric two-wheelers and battery packs.

Ather currently has two manufacturing facilities in Hosur, Tamil Nadu, one dedicated to battery production and the other for vehicle assembly. The current facilities will continue to produce battery packs and vehicles. The new facility in Maharashtra allows Ather to get closer to more markets in the country by reducing its logistics cost and hastening the delivery of its finished products to its customers.
June 27, 2024 07:19

Stock in Focus: HDFC Bank poised for bullish breakout, says CLSA analyst

CLSA’s analysts Laurence Balanco anticipates a significant breakthrough in the stock price of HDFC Bank.

Since the beginning of 2021, HDFC Bank has traded within a defined range, with resistance levels at ₹1,717-₹1,734 and support levels at ₹1,240-₹1,245.
June 27, 2024 07:01

Stock Market Live Updates: Bulk deals

BLS E-Services Ltd.

L7 HITECH PRIVATE LIMITED bought 5,20,009 @ Rs. 255.03

Salasar Techno Engineering Ltd.

EBISU GLOBAL OPPORTUNITIES FUND LIMITED bought 1,38,80,000 @ Rs. 19.27

Gensol Engineering Ltd.

Revoke of 6,00,000 pledged equity shares by Promoter & Director Anmol Singh Jaggi

Hindustan Foods Ltd.

MORGAN STANLEY ASIA SINGAPORE PTE bought 10,70,000 @ Rs. 502.00

Affle (India) Ltd.

ICICI PRUDENTIAL MUTUAL FUND bought 7,75,1 94 @ Rs. 1,290.00

Monetary Authority of Singapore bought 16,1 6,856 @ Rs. 1,290.00

Paisalo Digital Ltd.

EBISU GLOBAL OPPORTUNITIES FUND LIMITED bought 1,48,00,000 @ Rs. 75.47

Neuland Laboratories Ltd.

Smallcap World Fund Inc bought 1,30,000 @ Rs. 7,400.00

Sharda Motor Industries Ltd.

AXIS INDIA MANUFACTURING FUND bought 1,54,985 @ Rs. 1,996.10

Rossell India Ltd.

NOMURA SINGAPORE LIMITED sold 5,55,803 @ Rs. 553.50

Piramal Enterprises Ltd.

EBISU GLOBAL OPPORTUNITIES FUND LIMITED bought 5,55,803 @ Rs. 907.30

Titagarh Railsystems Ltd.

BLACKROCK GLOBAL EMERGING MARKETS FUND INC bought 9,46,357 @ Rs. 1,618.0

Rashmi Chowdhary sold 26,93,475 @ Rs. 1,618.00

Deep Energy Resources Ltd.

EBISU GLOBAL OPPORTUNITIES FUND LIMITED bought 2,06,553 @ Rs. 170.75

NOMURA SINGAPORE LIMITED sold 2,06,553 @ Rs. 170.75

UFO Moviez India Ltd.

EBISU GLOBAL OPPORTUNITIES FUND LIMITED bought 2,57,261 @ Rs. 137.80

NOMURA SINGAPORE LIMITED sold 2,57,261 @ Rs. 137.80

Inox Green Energy

SOCIETE GENERALE Block bought 29,49,716 @ Rs. 166.50
June 27, 2024 06:58

Stock Market Live News: Stock Recommendations: CLSA’s Laurence Balanco: HDFC Bank

Focus on HDFC Bank. We are closely monitoring HDFC Bank (HDFCB IB) as the stock appears to be on the verge of breaking out of the trading range that has been in place since the beginning of 2021. This range is defined by resistance levels at Rs1,717-Rs1,734 and support levels at Rs1,240-Rs1,245. A close above the Rs1,717-Rs1,734 resistance, would mark a major bullish event, ending a period of over two years of ranging price action. This breakout would suggest an upside target of Rs2,373, representing a potential increase of 35-38%.
June 27, 2024 06:57

Stock Market Updates: Fund Flow Activity: 26 June 2024 (Rs. In Crs.)

Turnover: (NSE + BSE)

Cash Volume: 137796.94 + 15096.32 Total: 152893.26

F&O Volume: 648302.65 + 319359.45 Total: 967662.1

Provisional Cash

FII/FPI: NET SELL: -3535.43

(19,920.57 – 23,456.00)

DII: NET BUY: +5103.67

(18,342.37 – 13,238.70)
June 27, 2024 06:57

Stock Market Updates: Researchbytes Analyst App’s recent interviews as of 18:32 PM Wednesday 26 June 2024

Atul Auto: Jitendra Adhia, VP-Finance

Atul Auto Joint Venture With Jio; Things To Keep Eye On Next Gen Automotive Tech

Bank of Mah: Nidhu Saxena, MD&CEO

Don’t Have To Pay Tax for Two More Years Due To Accumulated Past Losses: Bank Of Maharashtra

Bharat Forge: Amit Kalyani, ED

India Global Forum: Bharat Forge On Defence & Industrias To Be Key Growth Drivers

Borosil .: Shreevar Kheruka, MD & CEO

Borosil Raises ?150 Crore Via QIP, Will Be Debt Free Post This Fund Raise, Says Company

Gulf Oil Lubric: Manish Gangwal, CFO

Gulf Oil Beats Industry Growth For 5 Years, Beefing Up EV Business With Acquisitions

Happiest Minds: Venkatraman Narayanan, MD CFO

Happiest Minds: Equity Changes Hands Via Bulk Deal, Will Company Be Able To Achieve Organic Growth?

Senco Gold Limited: Suvankar Sen, CEO

Aim To Open 10-12 Company-Owned Stores & 8-10 Franchise Stores In FY25: Senco Gold India

Biocon: Kiran Mazumdar ShawChairperson and MD, Chairperson and MD

India Global Forum: Pharma Decoded, Globalization & Future Of India’s Pharma | Kiran Mazumdar Shaw

Route Mobile: Milind Pathak, Chief Business Officer

Route Mobile: Signs A Pact With Billeasy To Enable Metro-Ticketing Via WhatsApp | Milind Pathak

skygold: Mangesh Chauhan, MD and CFO

Sky Gold: Recent Acquisitions & Synergies | Focus On B2C Business, Capex Plans | Mangesh Chauhan

Events today…

Results today…
June 27, 2024 06:54

Stock Market Live News: BLOCK DEAL

⭐️ JSW ENERGY LTD: Rs. 21.11 Crores NSE Block Trade; for ~ 294506 Shares, at Rs. 716.70

⭐️ MARICO LTD: Rs. 30.97 Crores NSE Block Trade; for ~ 502234 Shares, at Rs. 616.55

⭐️TECH MAHINDRA LTD: Rs. 29.71 Crores NSE Block Trade; for ~ 207444 Shares, at Rs. 1432.00

⚡️VEDANTA LTD: Rs. 27.99 Crores NSE Block Trade; for ~ 627703 Shares, at Rs. 445.95

⚡️CE INFOSYSTEM: RS 122.15CR BSE BLOCK TRADE; FOR ~523116 SHARES, AT RS 2335 (MULTIPLE BLOCKS)

NEULAND LAB: Rs 96.2cr BSE Block Trade; for ~130000 shares, at Rs 7400 (PRE-OPEN BLOCK)

SHARDA MOTOR INDUSTRIES LTD: RS. 345.28 CRORES NSE BLOCK TRADE; FOR ~ 1729768 SHARES, AT RS. 1996.10 (PRE-OPEN BLOCK)

HINDUSTAN FOODS: RS 517.92CR NSE BLOCK TRADE; FOR ~10317173 SHARES, AT RS 502 (PRE-OPEN MULTIPLE BLOCK)

BLOCK DEAL ALERT: CSB Bank

FIH Investment to sell 1.68 cr shares via block deal

FIH Invt looking to sell 9.72% stake worth Rs 595 cr

Floor price at Rs 352.4 per share , 1% discount

Deal likely in block window, IIFL Broker to deal
June 27, 2024 06:53

Stock Market Updates: MARKET WRAP 26th June, 2024

SENSEX, NIFTY end at record highs! NIFTY settles over 23,850, Sensex near 78,700

Market Indices

NIFTY 50 : 23,868.80

⬆️+147.50/+0.62%

SENSEX : 78,674.25

⬆️+620.73/+0.80%

BANKNIFTY :52,870.50

⬆️+264.50/+0.50%

INDIAVIX: 14.04

⬆️+0.27/-1.89%

.

Rising stocks: 1032

Falling stocks: 1269

Top 3 stock gainers(NIFTY 500):

▪️India Cement(⬆️+14.49%)

▪️CESC (⬆️+10.9%)

▪️Hitachi Energy (⬆️+10.65%)

Top 3 stock losers(NIFTY 500):

▪️CE Info(⬇️-5.69%)

▪️RattanIndia (⬇️-3.64%)

▪️MCX India (⬇️-3.46%)
June 27, 2024 06:53

Stock Recommendations: Today’s Stock Recommendation: June 27, 2024

Here’s an interesting stock idea: The stock idea that we have for you today is ICICI Securities. The stock has just made a bullish range breakout. That leaves the door open for the share price to go up in the coming days.
June 27, 2024 06:50

Financial Market Updates: Japanese Yen hits record lows amid US Fed’s higher-for-longer policy

A grim reality is setting in for Japanese authorities as the yen plunges through milestone levels in rapid succession: The slide won’t stop until the Federal Reserve relents on its higher-for-longer policy path. And they have no control over that.

It’s a realization shared by global investors as they parse the way still-high US borrowing costs buoy the dollar — and the impact that has on the rest of the world. In the $7.5-trillion-a-day market for global currencies, the yen’s relentless rout offers an extreme manifestation of US financial dominance.
June 27, 2024 06:49

Stock Market Live News: SEBI eases insider trading norms, adds flexibility to trading plans

Securities and Exchange Board of India (SEBI) has amended its insider trading norms, allowing more flexibility for executing trading plans. The new norms will become applicable after three months.

According to the PIT Regulations, an insider may trade in the company’s securities if the compliance officer approves their trading plan. This ensures the insider devises their trading plan before possessing unpublished price-sensitive information.
June 27, 2024 06:48

Stock Market Live News: SEBI may revamp merger norms for companies

The Securities and Exchange Board of India (SEBI) may overhaul norms for scheme of arrangement for merger of listed and unlisted entities.

The regulator could widen the number of circumstances under which majority of minority shareholder approval is required, tweak contingency provisions and valuation parameters.