Sensex Today Ends Lower | Here MotoCorp Falls 2% | Tata Steel & SBI Top Losers

Fri, 9 Jun Closing

   Previous Close   

   Pre-Open   

   10:30 am   

After opening the day flat, Indian share markets declined for the second straight session on Friday.

Benchmark indices were dragged by a broad-based slide amid sustained profit booking after the Reserve Bank of India (RBI) signalled tighter monetary conditions could persist.

At the closing bell, the BSE Sensex stood lower by 223 points.

Meanwhile, the NSE Nifty closed lower by 71 points.

IndusInd Bank, Axis Bank, and L&T were among the top gainers today.

Tata Steel, SBI, and HUL on the other hand, were among the top losers today.

Check out the NSE Nifty heatmap to get the complete list of gainers and losers.

The SGX Nifty was trading at 18,610, down by 110 points, at the time of writing.

Broader markets ended on a negative note. Both the BSE Midcap index and BSE SmallCap ended marginally lower.

Sectoral indices ended on a mixed note with stocks in the capital goods sector, telecom sector and utilities goods sector witnessing most of the buying.

On the other hand, stocks from the FMCG sector and IT sector witnessed selling pressure.

Shares of ZF Commercial and UltraTech Cement hit their 52-week highs today.

Now track the biggest movers of the stock market using stocks to watch today section. This should help you keep updated with the latest developments...

Asian stock markets ended on a mixed note. The Nikkei ended lower by 0.9%. while the Hang Seng ended 0.3% higher. The Shanghai Composite ended 0.5% higher.

The rupee is trading at 82.54 against the US$.

Gold prices for the latest contract on MCX are trading higher marginally at Rs 59,522 per 10 grams.

Meanwhile, silver prices for the latest contract on MCX are trading 0.7% higher at Rs 72,214 per kg.

Speaking of stock markets, PFC share price was on a roll over the last three quarters. In fact, it has almost doubled in that period.

So will the bull run continue? Or will the rally come to an end?

Chartist Brijesh Bhatia explains what the charts say about the stock in the below video.

SpiceJet to induct 10 Boeing 737 aircrafts

SpiceJet share price was rising today after the company announced that it will induct 10 Boeing 737 aircraft from September. The airline has signed a lease agreement for 10 Boeing 737 planes, including five 737 Max.

The low-cost airline company is actively engaged in the restoration and revival of its grounded aircraft, which are expected to be back in service soon.

Ajay Singh, the chairman and managing director of SpiceJet, had mentioned in an interview in April that the airline has plans to revive the grounded fleet within the next two to three months. Singh had pointed out the increasing demand and shared hopes that it will last till the year-end.

To address the growing needs of the Indian aviation market, SpiceJet is working on capacity expansion. The airline is set to induct ten B737 aircraft between September and October.

This timing aligns with the peak travel season in India, allowing the airline company to introduce new routes and reinforce its presence on existing ones.

The announcement came just a day after the low-cost carrier said that it had partnered with FTAI Aviation to effectively manage maintenance expenses and minimize aircraft downtime. Under this collaboration, FTAI Aviation will lease up to 20 engines to SpiceJet, along with providing maintenance services.

The news of a partnership with FTAI Aviation had also set the stock soaring 4.4% higher in the previous session.

The new flights and strategic partnership with FTAI aviation has broughSpiceJet share price out of its downward trajectory.

SpiceJet share price has fallen by more than 4% in the last month. Over the past six months, the company's shares have declined by more than 29%. The stock is also down more than 26% in 2023.

To know more about why SpiceJet share price was under trouble read our editorial on why SpiceJet share price is falling.

Why Hindustan Aeronautics share price hit 52-week high

All defence sector stocks are rising and Hindustan aeronautics is no exception.

Government-backed largest aerospace and defence company, Hindustan Aeronautics witnessed strong buying on Friday after it announced plans to consider a stock split.

Today, the stock gained by more than 7% and also touched a new 52-week high. But the stock has been on a winning streak for six consecutive trading sessions. Overall, the June month has started on a bullish note for the stock.

HAL announced that a meeting of the board of directors of the company will be held on 27 June 2023, Tuesday, to consider a proposal for the sub-division of equity shares.

Generally, the companies take the stock split route to boost the liquidity of the stock in the market.

Further, investors who are holding the share till the record date will get the new shares in their demat accounts on the record date. The stock price will be adjusted as per the split ratio.

The public sector undertaking (PSU) to carry out a stock split was IRCTC which split its shares of face value of Rs 10 into five shares of face value of Rs 2.

Premier Explosives big order win

Premier Explosives' share price jumped after the company received two orders worth Rs 570 million (m) on 9 June 2023 but traders booked profits at highs to push the stock lower.

Premier Explosives said on 9 June it received an order for supplying PI & P2 motors to Bharat Dynamics for a medium range surface to air missile (MRSAM), which it has to deliver within 24 months. The order is worth Rs 432.6 m.

MRSAM is a high-response, quick-reaction, vertically launched supersonic missile designed to neutralise enemy aerial threats - missiles, aircraft, guided bombs, helicopters. The army, navy and air force use different variants of the 275-kg missile has a range of 70 kilometres.

The defence sector company also said it received an order from Larsen & Toubro (L&T) to supply propellant strap-on motors (PSOM-XL), which is used to achieve higher payload capability for satellite launch vehicles of the Indian Space Research Organisation (ISRO).

To know what's moving the Indian stock markets today, check out the most recent share market updates here.

For information on how to pick stocks that have the potential to deliver big returns, download our special report now!

Read the latest Market Commentary

Top Gainers TodayTop Gainers over 1-WeekTop Gainers over 1-MonthTop Gainers over 1-YearTop Gainers over 3-YrsTop Gainers over 5-YrsTop Losers TodayTop Losers over 1-WeekTop Losers over 1-MonthTop Losers over 1-YearTop Losers over 3-YrsTop Losers over 5-YrsOnly BuyersOnly SellersMost Active StocksMost Popular Stocks52 Week High Stocks52 Week Low Stocks

INDICESBSE (Rs 0 to 1)BSE (Rs 1 to 2)BSE (Rs 2 to 4)BSE (Rs 4 to 10)BSE (Rs 10 to 20)BSE (Above Rs 20)BSE - AllBSE-30BSE-100BSE-200BSE-500BSE AutoBSE BankexBSE Capital GoodsBSE Consumer DurablesBSE FMCGBSE HealthcareBSE ITBSE MetalBSE Oil & GasBSE PSUBSE TeckBSE RealtyBSE PowerBSE A GroupBSE B GroupBSE Mid-CapBSE Small-CapBSE Basic MaterialsBSE Consumer DiscretionaryBSE IndustrialsBSE UtilitiesBSE Sensex 50BSE Sensex Next 50BSE Bharat 22BSE 150 MidCapBSE 250 SmallCapBSE 250 LargeMidCapBSE 400 MidSmallCapBSE AllCapBSE LargeCapBSE SmallCap SelectBSE 100 LargeCap TMCBSE InfraBSE ManufacturingBSE CPSEBSE Private BankBSE Diversified FinancialsBSE MomentumBSE Low VolatilityBSE QualityBSE Enhanced ValueBSE Divident StabilityS&P BSE IPOBSE SMEIPOBSE 100 ESGBSE CarbonexBSE GreenexNSE (Rs 0 to 10)NSE (Rs 10 to 20)NSE (Above Rs 20)NSE - AllNSE-50NSE ITNSE Nifty Midcap 50NSE JR. NiftyNSE Bank NiftyNIFTY Next 50NIFTY 100NIFTY 200NIFTY 500NIFTY MidCap 100NIFTY SmallCap 250NIFTY SmallCap 50NIFTY SmallCap 100NIFTY LargeMidCap 250NIFTY MidSmallCap 400NIFTY AutoNIFTY Consumer DurablesNIFTY FinanceNIFTY FMCGNIFTY MediaNIFTY MetalNIFTY PharmaNIFTY Private BankNIFTY PSU BankNIFTY RealtyNIFTY Oil & GasNIFTY SME EmergeNIFTY CommoditiesNIFTY CPSENIFTY EnergyNIFTY India ConsumptionNIFTY InfraNIFTY MNCNIFTY PSENIFTY Serv SectorNIFTY100 Liquid 15NIFTY Midcap Liquid 15NIFTY Midcap 150 Quality 50NIFTY50 Equal WeightNIFTY100 Equal WeightNIFTY100 Low Volatility 30NIFTY100 Alpha 30NIFTY Alpha 50NIFTY Dividend Opportunities 50NIFTY High Beta 50NIFTY Low Volatility 50NIFTY200 Quality 30NIFTY 500 Value 50NIFTY 100 Quality 30SECTORSAgricultureAirlinesAluminiumAsset Management CompaniesAutomobilesAuto AncillariesBanks (Private)Banks (PSU)BankingCementChemicalsDefenceDiagnosticsDronesEngineeringElectric VehicleElectric Vehicle BatteryEnergy SourcesESGEthanolFertilizersFintechFMCGFoodGreen HydrogenHotelsInfrastructureInsuranceInvestment and FinanceInvITIT (Large)IT (Others)LogisticsMediaMetalMiningIndia's Big Tech StocksIndian PharmaMNC PharmaPSUPaintPaperPlasticPowerRating AgenciesReal EstateREITsRenewable EnergyRetailingSemiconductorShippingSteelSugarSupply ChainTelecomTextilesTravel Support Services

10 results 25 results 50 results 100 results All results

Indian Share Market Update: Top Gainers and Losers