India condoles death of 12 nationals in Ras Laffan gas facility explosion, US senators flag Pakistan’s history of harbouring terrorists, hiding bin Laden, India initiates anti-dumping probe against imports of electrical steel from China, 3 other nations,

Stock market traded positive amid volatility

The Indian equity indices ended Thursday session broadly in green as moderation in US inflation boosted sentiments triggering a rally in global markets.Besides,  outweighed concerns over higher than domestic inflation made domestic indices log fresh lifetime highs intraday on Thursday  with Sensex breaching the historic 66000-mark for the first time.But it closed marginally higher led by IT and financial stocks, according to sources.
At close,the Sensex was up 164.99 points or 0.25 percent at 65,558.89, and the Nifty was up 29.50 points or 0.15 percent at 19,413.75.
 Stocks and Sectors 
Hindalco Industries, TCS, Infosys, LTIMindtree and Tech Mahindra were among the top gainers on the Nifty, while losers included Power Grid Corporation, Coal India, BPCL, UPL and Maruti Suzuki.
On the sectoral front,selling was seen in the auto, capital goods, FMCG, healthcare, oil & gas and power sectors while buying was witnessed in the bank, metal, realty and information technology names, according to sources.
BSE Midcap index touched a new high of 29,420.55 and Smallcap index recorded a fresh high of 33,746.89.BSE midcap and smallcap indices down 0.5 percent each.
On 13th July'23,the Indian rupee ended 18 paise higher to close at 81.07 against the US dollar, registering its fourth straight session of gains, led by broader weakness in the greenback.
 Experts Take:
Market experts have recommended six stocks to buy for Thursday-M&M, Grasim, ONGC, Titan, Tech Mahindra and Kotak Mahindra Bank
(Writer is a Finance Research Analyst, based in Gandhinagar, Gujarat)

Newsinc24 is now on telegram. Click here to join our channel @newsinc24 and stay updated with the latest news from politics, entertainment and other fields.

Related Items

  1. US sanctions Indian CEO, firm for fuelling civil war in Sudan

    Full Story

  1. Sensex rises 109 pts, Nifty at 24,056 on auto, realty gains

    Full Story

  1. Sensex up 791 pts, Nifty above 24k amid softer crude oil prices

    Full Story

My Cartoon


image1


Photos

Food & Lifestyle

Avocado: A heart-smart ingredient worth adding to your plate

Avocado is also an excellent source of dietary fiber. Including it in your meals can contribute significantly to your daily fiber intake. 

Read More

Crime

Digital arrest scam: CBI raids 80 locations, 2 nabbed

The CBI launched Operation Chakra-VI and conducted searches at more than 80 locations across 16 states to crackdown on cybercrime networks.

Read More

Opinion

Greer’s India trip boosts Trump-Modi trade deal momentum

The India-US economic relationship appears to be entering a crucial phase, with both sides moving toward the “final touches” on an interim trade agreement after months of difficult negotiations.

Read More

Credibility Matters at Newsinc24.com because it is a website that gives you fast and accurate news coverage. It provides news related to politics, astrotalk, business, sports as well as crime. Also it has book promotion too. We known for our credibity. You can contact us for your querries on our email address. And, If you want to know more about us, then check the relevant pages for this purpose.