Indian Stock Market News, Equity Market and Sensex Today in India | Equitymaster

Helping You Build Wealth With Honest Research
Since 1996. Try Now

  • MyStocks

MEMBER'S LOGINX

     
Login Failure
   
     
   
     
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

Indian markets trade in green
Tue, 23 Jun 01:30 pm

After opening the day on a marginal note, the Indian Indices are trading positively in the post noon trading session. Sectoral indices are trading mixed with stocks from the mining and pharma sectors leading the gainers.

The BSE-Sensex is trading up 89 points (up 0.3%) and the NSE-Nifty is trading up 31 points (up 0.4%). The BSE Mid Cap index is trading up 0.2% and the BSE Small Cap index is trading up 0.4%. Gold prices, per 10 grams, are trading at Rs 26,767 levels. Silver price, per kilogram is trading at Rs 36,602 levels. Crude oil is trading in green at Rs 3,848 per barrel. The rupee is trading at 63.53 to the US dollar.

Stocks in the pharma space are trading on a mixed note with Orchid Chemicals and Panacea Biotech witnessing maximum buying interest. India based pharmaceutical company; Lupin Ltd today declared that its Board of Directors has given in-principle approval for raising funds of up to Rs 75 bn. This raising of funds will be by way of issue of securities i.e. equity shares, ADRs, GDRs, convertible bonds, equity linked instruments etc. For the purpose, enabling approval of the shareholders will be sought at the AGM to be held on July 23. Meanwhile, w.e.f. 22 June, 2015 stock of Lupin Ltd has become a part of the BSE's 30-share benchmark Sensex. Currently the stock of Lupin Ltd is trading down by 1.8%.

Most of the stocks in banking sector are trading on a positive note with Union Bank and Punjab National Bank witnessing maximum buying interest. As per a leading financial daily, shares of Public Sector Undertaking (PSU) Banks are trading higher by around 5%. This was after the Finance Minister Arun Jaitely said that the government will infuse capital in public sector banks in the next three to six months. As the PTI report suggests, Arun Jaitely has earmarked Rs 79.4 bn in the Budget for recapitalization of public sector banks (PSBs) during the current financial year. Subsequent to the announcement, stocks of Union Bank of India, Punjab National Bank, Bank of Baroda, Syndicate Bank and Oriental Bank of Commerce have surged between 3-5% on the National Stock Exchange (NSE).

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


What else is happening in the markets today? Dig in...

Equitymaster requests your view! Post a comment on "Indian markets trade in green". Click here!

  

Views on News

I Found My Guru. Have You Found Yours? (Fast Profits Daily)

Feb 24, 2021

In this video, I'll tell you about the need to find a guru early in your career and how I found mine.

It's the Beginning of a New Bull Phase in Smallcaps (Profit Hunter)

Feb 24, 2021

Last time the smallcap index crossed 19k a big correction followed. Here's what makes it different this time.

Why Senior Citizens Need To Choose Their Tax-Saving Avenues Thoughtfully (Outside View)

Feb 24, 2021

Senior citizens while exploring tax-saving avenues, must keep in mind these top three priorities: capital protection; regular income; and managing healthcare and retirement-related expenses well.

The Hidden Tesla in My Great Indian Wealth Project (Profit Hunter)

Feb 23, 2021

An Indian company founded three decades ago in a garage caught my attention...

Make Trading Profits All Day Long (Fast Profits Daily)

Feb 23, 2021

In this video, I'll show you how to how to profitably trade stocks, commodities, and currencies on the same day.

More Views on News

Most Popular

Intraday Trading for a Living (Fast Profits Daily)

Feb 15, 2021

In this video, I'll cover your queries on intraday trading and also share my view on how to decide stop losses and target prices.

Penny Stock Master Series: The Quest for 10X Profits in 10 Years (Profit Hunter)

Feb 12, 2021

This is first of the three part master series. In these editorials, I'll show you how to earn 10X returns from a penny stock portfolio over 10 years.

Top 5 Stocks Mutual Funds Bought and Sold in January 2021 (Sector Info)

Feb 16, 2021

A look at what India's top equity mutual funds bought and sold in January 2021.

I Would Recommend this Small-cap Stock Over Tesla (Profit Hunter)

Feb 16, 2021

Do you enjoy reading Tesla and Bitcoin stories? Here's a not so famous small-cap stock to profit from the rise of EVs.

More

India's #1 Trader
Reveals His Secrets

Secret To Increasing Your Trading Profits Today
Get this Special Report,
The Secret to Increasing Your Trading Profits Today, Now!
We will never sell or rent your email id.
Please read our Terms

S&P BSE SENSEX


Feb 24, 2021 (Close)

MARKET STATS