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?  

Sensex Ends 139 Points Higher; ICICI Bank, Wipro and ITC Among Top Nifty Gainers
Fri, 23 Jul Closing | Nandini Mehta, TM Team

Indian share markets witnessed positive trading activity throughout the day today and ended higher.

Benchmark indices edged higher in today's session following mixed investor sentiment across global markets and helped by gains in realty and FMCG stocks.

At the closing bell, the BSE Sensex stood higher by 139 points (up 0.3%).

Meanwhile, the NSE Nifty closed higher by 32 points (up 0.2%).

ICICI Bank and ITC were among the top gainers today.

Tata Motors and Grasim, on the other hand, were among the top losers today.

The SGX Nifty was trading at 15,853, up by 39 points, at the time of writing.

Both, the BSE Mid Cap index and the BSE Small Cap index ended on a flat note today.

Sectoral indices ended on a mixed note with stocks in the banking sector, realty sector and FMCG sector witnessing most of the buying interest.

Telecom and engineering stocks, on the other hand, witnessed selling pressure.

Shares of Birla Corporation and Caplin Point hit their respective 52-week highs today.

--- Advertisement ---
FREE Event on Equitymaster's New Project

On July 29 , we are holding a FREE event to reveal Equitymaster's Great Indian Wealth Project.

At this event, we'll reveal the details of your first stock for a potential Rs 7 crore in long-term wealth.

Seats for this event are filling up fast.

Since there are limited seats, we urge you to register at the earliest.

Click here for free sign-up
------------------------------

Asian stock markets ended on a mixed note today.

The Hang Seng and the Shanghai Composite ended the day down by 1.5% and 0.7%, respectively.

US stock futures are trading on a positive note today with the Dow Futures trading up by 150 points.

The rupee is trading at 74.40 against the US$.

Gold prices for the latest contract on MCX are trading down by 0.4% at Rs 47,447 per 10 grams.

Speaking of the stock markets, India's #1 trader, Vijay Bhambwani shares a trading hack that you can use to multiply your profits, in his latest video for Fast Profits Daily.

Tune in to the video below to find out more:

In news from the real estate sector, Mahindra Life Space was among the top buzzing stocks today.

Shares of Mahindra Life Space Developers zoomed 19% to Rs 793.10 on the BSE in intra-day trade today after the company announced that its board will consider maiden bonus issue in their forthcoming meeting on Wednesday, 28 July 2021.

The share price of the real estate and infrastructure development company of Mahindra Group hit a 52-week high.

The scrip has rallied 33% in the past one month as against a rise of 1% in the BSE Sensex during the same period.

On 1 July 2021, the company intimated that a meeting of the board of directors is scheduled to be held on Wednesday, 28 July 2021, to consider, inter-alia, unaudited standalone and consolidated financial results for the first quarter ended on 30 June 2021.

The board of directors of the company at its meeting scheduled on Wednesday, July 28, shall, inter-alia, will also consider the proposal for issuance of bonus equity shares, subject to requisite approvals, the company informed exchanges on Thursday, 22 July, after market hours.

Mahindra Life Space is a pioneer in the integrated cities and industrial clusters (IC&IC) segment.

It markets its products under this segment under two formats: large integrated cities under the brand 'Mahindra World City' and smaller industrial clusters under the brand 'Origins'.

Currently, there are two operational Mahindra World Cities in Chennai and Jaipur and an operational Origins project in Chennai.

Development work is currently in progress in another industrial cluster project called Origins Ahmedabad.

Mahindra Life Space share price ended the day up by 8% on the BSE.

Free Signup: The Smallcap Revival Summit

Moving on to news from the IPO space...

Zomato Market Cap Breaches Rs 1 Tn After Stellar D-Street Listing

Zomato scripted history today by becoming India's first unicorn to debut on the stock exchanges.

The scrip got listed at Rs 115 on BSE, a 51.3% premium to the issue price of Rs 76.

On NSE, the stock made a debut at Rs 116, up 52.6%.

With its mega listing, Zomato entered the elite club of top 100 listed companies in value terms, with a market capitalisation of over Rs 1 tn.

At issue price, its market cap stood nearly at Rs 650 bn; 100th member's current market-cap is Rs 446.9 bn.

The Rs 93.8 bn issue had received bids for Rs 2.13 tn worth shares which were the third-highest in Indian capital history. The listing was advanced to Friday.

Given the strong demand for the issue, analysts were largely expecting the IPO to list at a 25-30% premium.

A leading online food aggregator, Zomato offers a platform for connecting consumers with restaurants.

On average, 32.1 m monthly active users (MAUs) visited the Zomato platform in the financial year 2021.

Zomato share price ended the day up by 9.4% on the BSE over its listing price.

--- Advertisement ---
Predict Stock's Next Move Using Volumes

Volumes play a key role in identifying emerging trends.

They help you track activities of big smart investors.

Watch this video to learn how to use volumes to identify trades with astonishing risk:reward profile.
------------------------------

Speaking of stocks, here is an illustration of the four phases that a stock goes through during its life cycle. The cycle repeats itself after the stock goes through all these for stages.

This cycle defines everything in markets. If you can master this cycle, then nothing can stop you from making huge profits.

If you're interested to know how a stock's life cycle can offer you the opportunity to make money in every phase, you can read about it in one of the recent editions of Profit Hunter: One Cycle That Defines Everything in the Markets

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!


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

Equitymaster requests your view! Post a comment on "Sensex Ends 139 Points Higher; ICICI Bank, Wipro and ITC Among Top Nifty Gainers". Click here!

  

Stock Market Updates

Sensex Trades Marginally Higher, Dow Futures Up by 85 Points (Today's Market)

Jul 23, 2021 12:30 pm

BSE Sensex is trading up by 180 points, while the NSE Nifty is up by 45 points.

Sensex Opens Marginally Lower; L&T and Bajaj Finance Top Losers (Today's Market)

Jul 23, 2021 09:30 am

Indian share markets open marginally lower. The BSE Sensex opened down by 151 points, while the Nifty is trading lower by 42 points.

PERSISTENT SYSTEMS Share Price Up by 6%; BSE IT Index Up 0.4% (Today's Market)

Jul 23, 2021 09:38 AM

PERSISTENT SYSTEMS share price is trading up by 6% and its current market price is Rs 3,081. The BSE IT is up by 0.4%. The top gainers in the BSE IT Index are PERSISTENT SYSTEMS (up 5.8%) and MPHASIS (up 9.0%). The top losers are FIRSTSOURCE SOLUTIONS (down 0.4%) and L&T TECHONOLOGY (down 0.8%).

WIPRO at All Time High; BSE IT Index Up 0.4% (Today's Market)

Jul 23, 2021 09:38 AM

WIPRO share price has hit an all time high at Rs 590 (up 0.3%). The BSE IT Index is up by 0.4%. Among the top gainers in the BSE IT Index today are WIPRO (up 0.3%) and COFORGE (up 1.0%). The top losers include HEXAWARE TECHNOLOGIES and FIRSTSOURCE SOLUTIONS (down 0.4%).

TATA STEEL at All Time High; BSE METAL Index Up 0.3% (Today's Market)

Jul 23, 2021 09:38 AM

TATA STEEL share price has hit an all time high at Rs 1,295 (up 1.1%). The BSE METAL Index is up by 0.3%. Among the top gainers in the BSE METAL Index today are TATA STEEL (up 1.1%) and JSW STEEL (up 0.2%). The top losers include COAL INDIA (down 0.1%) and NMDC (down 0.1%).

HINDUSTAN COPPER Share Price Up by 6%; BSE METAL Index Up 0.3% (Today's Market)

Jul 23, 2021 09:38 AM

HINDUSTAN COPPER share price is trading up by 6% and its current market price is Rs 147. The BSE METAL is up by 0.3%. The top gainers in the BSE METAL Index is HINDUSTAN COPPER (up 5.5%). The top losers are COAL INDIA (down 0.1%) and NMDC (down 0.1%).

View More Indian Share Market News

Most Popular

A 25 Bagger Indian Stock at the Centre of the Global Semiconductor Chip Shortage(Profit Hunter)

Jul 13, 2021

One technology company in India is grossly underrated despite its dominant role in semiconductor chip designing.

RBI Opens a New Market for Investors(Fast Profits Daily)

Jul 16, 2021

You now have a new way to create wealth. Grab it with both hands.

OPEC is Dying! RIP OPEC(Fast Profits Daily)

Jul 13, 2021

Why the global oil cartel is unravelling and how India stands to gain.

A Better Way than the Zomato IPO to Play the Food Delivery Megatrend(Profit Hunter)

Jul 14, 2021

A unique backdoor way of making big profits from smallcap companies.

Top 3 Risks for the Nifty Today(Fast Profits Daily)

Jul 12, 2021

Don't ignore the risks to the Nifty that are hiding in plain sight.

More

Become A Smarter Investor
In Just 5 Minutes

Multibagger Stock Guide 2021
Get our special report Multibagger Stocks Guide (2021 Edition) Now!
We will never sell or rent your email id.
Please read our Terms

S&P BSE SENSEX


Jul 23, 2021 (Close)

MARKET STATS